Thomas Richez: 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 Richez
Largest movements
- Cash +€31,322
up €31,322 (+44.0%), from €71,220 to €102,542
mainly Receivables within one year (+€14,355) and Net result for the year (+€14,185)
- Receivables within one year -€14,355
down €14,355 (-96.4%), from €14,895 to €540
of which Trade receivables: -€9,734
- Reserves +€14,185
up €14,185 (+23.6%), from €60,052 to €74,237
- Contributions +€12,500
up €12,500 (+500%), from €2,500 to €15,000
- Other debts -€10,126
down €10,126 (-98.7%), from €10,264 to €138
- Trade debts -€5,949
down €5,949 (-55.1%), from €10,805 to €4,856
- Tax, wage and social debts +€5,672
up €5,672 (+150%), from €3,790 to €9,462
- Gross operating margin +€1,192
up €1,192 (+6.6%), from €18,038 to €19,229
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 | €87,410 | €103,692 | +€16,282 | +18.6% |
| Fixed assets | 21/28 | €1,296 | €610 | -€686 | -52.9% |
| Tangible fixed assets | 22/27 | €1,296 | €610 | -€686 | -52.9% |
| Furniture and vehicles | 24 | €1,296 | €610 | -€686 | -52.9% |
| Current assets | 29/58 | €86,115 | €103,082 | +€16,967 | +19.7% |
| Amounts receivable within one year | 40/41 | €14,895 | €540 | -€14,355 | -96.4% |
| Trade receivables | 40 | €10,274 | €540 | -€9,734 | -94.7% |
| Other amounts receivable | 41 | €4,621 | €0 | -€4,621 | -100% |
| Cash at bank and in hand | 54/58 | €71,220 | €102,542 | +€31,322 | +44.0% |
| Total equity and liabilities | 10/49 | €87,410 | €103,692 | +€16,282 | +18.6% |
| Equity | 10/15 | €62,552 | €89,237 | +€26,685 | +42.7% |
| Contributions | 10/11 | €2,500 | €15,000 | +€12,500 | +500% |
| Reserves | 13 | €60,052 | €74,237 | +€14,185 | +23.6% |
| Distributable reserves | 133 | €60,052 | €74,237 | +€14,185 | +23.6% |
| Amounts payable | 17/49 | €24,859 | €14,455 | -€10,403 | -41.9% |
| Amounts payable within one year | 42/48 | €24,859 | €14,455 | -€10,403 | -41.9% |
| Trade debts | 44 | €10,805 | €4,856 | -€5,949 | -55.1% |
| Suppliers | 440/4 | €10,805 | €4,856 | -€5,949 | -55.1% |
| Taxes, remuneration and social security | 45 | €3,790 | €9,462 | +€5,672 | +150% |
| Taxes | 450/3 | €3,790 | €9,462 | +€5,672 | +150% |
| Other amounts payable | 47/48 | €10,264 | €138 | -€10,126 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €686 | €686 | = | 0.0% |
| Other operating charges | 640/8 | €55 | €204 | +€149 | +270% |
| Gross operating margin | 9900 | €18,038 | €19,229 | +€1,192 | +6.6% |
| Operating profit (loss) | 9901 | €17,297 | €18,340 | +€1,043 | +6.0% |
| Financial income | 75/76B | - | €53 | +€53 | |
| Recurring financial income | 75 | - | €53 | +€53 | |
| Non-recurring financial income | 76B | - | €53 | +€53 | |
| Financial charges | 65/66B | €185 | €249 | +€64 | +34.6% |
| Recurring financial charges | 65 | €185 | €249 | +€64 | +34.7% |
| Non-recurring financial charges | 66B | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period before taxes | 9903 | €17,112 | €18,144 | +€1,031 | +6.0% |
| Income taxes | 67/77 | €3,790 | €3,958 | +€168 | +4.4% |
| Profit (loss) for the period | 9904 | €13,322 | €14,185 | +€863 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,322 | €14,185 | +€863 | +6.5% |
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 26 October 2026 via checked.be.