Thomas Nys: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Thomas Nys
Largest movements
- Cash +€39,102
up €39,102 (+261%), from €15,004 to €54,106
mainly Net result for the year (+€137,473) and Depreciation (+€4,634)
- Receivables within one year +€33,128
up €33,128 (+98.1%), from €33,771 to €66,900
of which Trade receivables: +€25,422
- Current investments +€29,824
up €29,824 (+43.7%), from €68,221 to €98,045
- Tangible fixed assets -€3,563
down €3,563 (-19.4%), from €18,385 to €14,822
- Profit (loss) carried forward +€99,826
up €99,826 (+93.8%), from €106,386 to €206,212
- Tax, wage and social debts -€5,650
down €5,650 (-37.4%), from €15,127 to €9,477
- Financial income +€93,015
up €93,015 (+9,415%), from €988 to €94,003
- Gross operating margin -€10,532
down €10,532 (-11.5%), from €91,907 to €81,375
- Taxes -€4,452
down €4,452 (-20.0%), from €22,285 to €17,833
- Financial charges +€971
up €971 (+26.5%), from €3,661 to €4,633
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,767 | €243,920 | +€98,153 | +67.3% |
| Fixed assets | 21/28 | €19,675 | €14,862 | -€4,813 | -24.5% |
| Tangible fixed assets | 22/27 | €18,385 | €14,822 | -€3,563 | -19.4% |
| Plant, machinery and equipment | 23 | €4,335 | €3,182 | -€1,153 | -26.6% |
| Furniture and vehicles | 24 | €6,337 | €5,034 | -€1,303 | -20.6% |
| Other tangible fixed assets | 26 | €7,714 | €6,607 | -€1,107 | -14.4% |
| Financial fixed assets | 28 | €1,290 | €40 | -€1,250 | -96.9% |
| Current assets | 29/58 | €126,092 | €229,058 | +€102,966 | +81.7% |
| Amounts receivable within one year | 40/41 | €33,771 | €66,900 | +€33,128 | +98.1% |
| Trade receivables | 40 | €33,659 | €59,081 | +€25,422 | +75.5% |
| Other amounts receivable | 41 | €112 | €7,819 | +€7,706 | +6,865% |
| Current investments | 50/53 | €68,221 | €98,045 | +€29,824 | +43.7% |
| Cash at bank and in hand | 54/58 | €15,004 | €54,106 | +€39,102 | +261% |
| Deferred charges and accrued income | 490/1 | €9,096 | €10,007 | +€912 | +10.0% |
| Total equity and liabilities | 10/49 | €145,767 | €243,920 | +€98,153 | +67.3% |
| Equity | 10/15 | €111,386 | €211,212 | +€99,826 | +89.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,386 | €206,212 | +€99,826 | +93.8% |
| Amounts payable | 17/49 | €34,381 | €32,708 | -€1,673 | -4.9% |
| Amounts payable within one year | 42/48 | €34,381 | €32,708 | -€1,673 | -4.9% |
| Trade debts | 44 | €7,489 | €9,114 | +€1,624 | +21.7% |
| Suppliers | 440/4 | €7,489 | €9,114 | +€1,624 | +21.7% |
| Taxes, remuneration and social security | 45 | €15,127 | €9,477 | -€5,650 | -37.4% |
| Taxes | 450/3 | €15,127 | €9,477 | -€5,650 | -37.4% |
| Other amounts payable | 47/48 | €11,765 | €14,118 | +€2,353 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,189 | €4,634 | +€445 | +10.6% |
| Other operating charges | 640/8 | €9,924 | €10,804 | +€880 | +8.9% |
| Gross operating margin | 9900 | €91,907 | €81,375 | -€10,532 | -11.5% |
| Operating profit (loss) | 9901 | €77,794 | €65,937 | -€11,858 | -15.2% |
| Financial income | 75/76B | €988 | €94,003 | +€93,015 | +9,415% |
| Recurring financial income | 75 | €988 | €94,003 | +€93,015 | +9,415% |
| Financial charges | 65/66B | €3,661 | €4,633 | +€971 | +26.5% |
| Recurring financial charges | 65 | €3,661 | €4,633 | +€971 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €75,121 | €155,307 | +€80,186 | +107% |
| Income taxes | 67/77 | €22,285 | €17,833 | -€4,452 | -20.0% |
| Profit (loss) for the period | 9904 | €52,836 | €137,473 | +€84,637 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €52,836 | €137,473 | +€84,637 | +160% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.