THOMAS Services: 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 Services
Largest movements
- Tangible fixed assets +€67,511
up €67,511 (+65.6%), from €102,936 to €170,447
of which Furniture and vehicles: +€80,445
- Receivables within one year -€16,534
down €16,534 (-31.3%), from €52,770 to €36,236
- Cash -€9,558
down €9,558 (-55.8%), from €17,115 to €7,557
mainly Investment in fixed assets (net) (-€94,428) and Tax, wage and social debts (-€2,838)
- Debts after one year +€31,946
up €31,946 (+50.0%), from €63,910 to €95,857
of which Financial debts: +€37,946
- Current portion of long-term debt +€11,556
up €11,556 (+51.4%), from €22,498 to €34,054
- Profit (loss) carried forward +€3,199
up €3,199 (+16.9%), from €18,985 to €22,184
- Tax, wage and social debts -€2,838
down €2,838 (-8.7%), from €32,659 to €29,821
of which Taxes: -€4,524
- Turnover +€20,760
up €20,760 (+10.7%), from €193,229 to €213,989
- Purchases and services +€15,838
up €15,838 (+11.4%), from €139,480 to €155,319
- Gross operating margin +€11,709
up €11,709 (+21.8%), from €53,749 to €65,458
- Depreciation +€10,450
up €10,450 (+63.5%), from €16,467 to €26,917
- Staff costs +€8,029
up €8,029 (+35.3%), from €22,746 to €30,774
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 | €181,826 | €225,251 | +€43,425 | +23.9% |
| Fixed assets | 21/28 | €103,071 | €170,582 | +€67,511 | +65.5% |
| Tangible fixed assets | 22/27 | €102,936 | €170,447 | +€67,511 | +65.6% |
| Plant, machinery and equipment | 23 | €13,692 | €13,799 | +€107 | +0.8% |
| Furniture and vehicles | 24 | €28,456 | €108,901 | +€80,445 | +283% |
| Leasing and similar rights | 25 | €60,788 | €47,747 | -€13,041 | -21.5% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €78,755 | €54,669 | -€24,085 | -30.6% |
| Stocks and contracts in progress | 3 | €6,179 | €7,281 | +€1,102 | +17.8% |
| Stocks | 30/36 | €6,179 | €7,281 | +€1,102 | +17.8% |
| Amounts receivable within one year | 40/41 | €52,770 | €36,236 | -€16,534 | -31.3% |
| Trade receivables | 40 | €52,770 | €36,236 | -€16,534 | -31.3% |
| Cash at bank and in hand | 54/58 | €17,115 | €7,557 | -€9,558 | -55.8% |
| Deferred charges and accrued income | 490/1 | €2,692 | €3,596 | +€904 | +33.6% |
| Total equity and liabilities | 10/49 | €181,826 | €225,251 | +€43,425 | +23.9% |
| Equity | 10/15 | €38,042 | €41,242 | +€3,199 | +8.4% |
| Contributions | 10/11 | €19,000 | €19,057 | +€57 | +0.3% |
| Reserves | 13 | €57 | - | -€57 | |
| Distributable reserves | 133 | €57 | - | -€57 | |
| Profit (loss) carried forward | 14 | €18,985 | €22,184 | +€3,199 | +16.9% |
| Amounts payable | 17/49 | €143,784 | €184,010 | +€40,226 | +28.0% |
| Amounts payable after more than one year | 17 | €63,910 | €95,857 | +€31,946 | +50.0% |
| Financial debts | 170/4 | €31,910 | €69,857 | +€37,946 | +119% |
| Other amounts payable | 178/9 | €32,000 | €26,000 | -€6,000 | -18.8% |
| Amounts payable within one year | 42/48 | €79,862 | €88,142 | +€8,280 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €22,498 | €34,054 | +€11,556 | +51.4% |
| Trade debts | 44 | €22,384 | €21,992 | -€392 | -1.7% |
| Suppliers | 440/4 | €22,384 | €21,992 | -€392 | -1.7% |
| Taxes, remuneration and social security | 45 | €32,659 | €29,821 | -€2,838 | -8.7% |
| Taxes | 450/3 | €9,629 | €5,105 | -€4,524 | -47.0% |
| Remuneration and social security | 454/9 | €23,030 | €24,715 | +€1,686 | +7.3% |
| Other amounts payable | 47/48 | €2,322 | €2,276 | -€46 | -2.0% |
| Accrued charges and deferred income | 492/3 | €11 | €11 | = | 0.0% |
| Turnover | 70 | €193,229 | €213,989 | +€20,760 | +10.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €139,480 | €155,319 | +€15,838 | +11.4% |
| Remuneration, social security and pensions | 62 | €22,746 | €30,774 | +€8,029 | +35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,467 | €26,917 | +€10,450 | +63.5% |
| Other operating charges | 640/8 | €6,736 | €2,449 | -€4,287 | -63.6% |
| Gross operating margin | 9900 | €53,749 | €65,458 | +€11,709 | +21.8% |
| Operating profit (loss) | 9901 | €7,800 | €5,318 | -€2,482 | -31.8% |
| Financial income | 75/76B | €5 | €347 | +€342 | +6,987% |
| Recurring financial income | 75 | €5 | €347 | +€342 | +6,987% |
| Financial charges | 65/66B | €1,763 | €2,466 | +€702 | +39.8% |
| Recurring financial charges | 65 | €1,763 | €2,466 | +€702 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €6,042 | €3,199 | -€2,842 | -47.0% |
| Profit (loss) for the period | 9904 | €6,042 | €3,199 | -€2,842 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,042 | €3,199 | -€2,842 | -47.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.