Thomas Thys: 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 Thys
Largest movements
- Current assets -€59,631
down €59,631 (-69.2%), from €86,160 to €26,529
of which Receivables within one year: -€50,510
- Tangible fixed assets -€5,795
down €5,795 (-9.0%), from €64,472 to €58,677
- Financial fixed assets -€3,100
no longer reported in 2015 (was €3,100)
- Debts -€72,286
down €72,286 (-62.7%), from €115,278 to €42,992
of which Debts within one year: -€72,874
- Profit (loss) carried forward +€3,641
up €3,641 (+9.7%), from €37,473 to €41,114
- Gross operating margin -€38,630
down €38,630 (-43.0%), from €89,929 to €51,299
- Taxes -€10,329
down €10,329 (-94.3%), from €10,948 to €619
- Depreciation +€1,288
up €1,288 (+23.9%), from €5,389 to €6,678
From the 2013 result to the 2015 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.
Cash bridge derived
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2013 | 2015 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,851 | €85,206 | -€68,645 | -44.6% |
| Fixed assets | 21/28 | €67,691 | €58,677 | -€9,014 | -13.3% |
| Intangible fixed assets | 21 | €119 | - | -€119 | |
| Tangible fixed assets | 22/27 | €64,472 | €58,677 | -€5,795 | -9.0% |
| Financial fixed assets | 28 | €3,100 | - | -€3,100 | |
| Current assets | 29/58 | €86,160 | €26,529 | -€59,631 | -69.2% |
| Stocks and contracts in progress | 3 | €5,990 | €4,742 | -€1,248 | -20.8% |
| Amounts receivable within one year | 40/41 | €70,267 | €19,757 | -€50,510 | -71.9% |
| Cash at bank and in hand | 54/58 | €1,320 | €224 | -€1,096 | -83.1% |
| Total equity and liabilities | 10/49 | €153,851 | €85,206 | -€68,645 | -44.6% |
| Equity | 10/15 | €38,573 | €42,214 | +€3,641 | +9.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,473 | €41,114 | +€3,641 | +9.7% |
| Amounts payable | 17/49 | €115,278 | €42,992 | -€72,286 | -62.7% |
| Amounts payable after more than one year | 17 | - | €482 | +€482 | |
| Amounts payable within one year | 42/48 | €115,278 | €42,404 | -€72,874 | -63.2% |
| Trade debts | 44 | €29,841 | €1,805 | -€28,036 | -94.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,389 | €6,678 | +€1,288 | +23.9% |
| Gross operating margin | 9900 | €89,929 | €51,299 | -€38,630 | -43.0% |
| Operating profit (loss) | 9901 | €29,764 | €1,908 | -€27,855 | -93.6% |
| Recurring financial income | 75 | €1,182 | €224 | -€957 | -81.0% |
| Recurring financial charges | 65 | €6,542 | €7,219 | +€676 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €24,403 | -€5,086 | -€29,489 | |
| Income taxes | 67/77 | €10,948 | €619 | -€10,329 | -94.3% |
| Profit (loss) for the period | 9904 | €13,455 | -€5,706 | -€19,161 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,455 | -€5,706 | -€19,161 |
Source: filed annual accounts (NBB), financial years ended 31 March 2013 and 31 March 2015. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.