THOMAS TRANSPORT: 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 TRANSPORT
Largest movements
- Cash +€54,847
up €54,847 (+47.6%), from €115,221 to €170,068
mainly Net result for the year (+€26,673) and Depreciation (+€25,783)
- Tangible fixed assets -€17,900
down €17,900 (-55.2%), from €32,413 to €14,513
of which Furniture and vehicles: -€21,000
- Reserves +€21,500
up €21,500 (+20.8%), from €103,500 to €125,000
of which Distributable reserves: +€21,500
- Tax, wage and social debts +€10,396
up €10,396 (+4,578%), from €227 to €10,624
- Other debts +€5,000
new in 2025: €5,000
- Gross operating margin +€24,696
up €24,696 (+59.3%), from €41,668 to €66,364
- Taxes +€6,872
up €6,872 (+233%), from €2,950 to €9,822
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 | €172,154 | €208,496 | +€36,342 | +21.1% |
| Fixed assets | 21/28 | €32,598 | €14,648 | -€17,950 | -55.1% |
| Tangible fixed assets | 22/27 | €32,413 | €14,513 | -€17,900 | -55.2% |
| Land and buildings | 22 | €3,203 | €7,628 | +€4,425 | +138% |
| Plant, machinery and equipment | 23 | €2,295 | €970 | -€1,325 | -57.7% |
| Furniture and vehicles | 24 | €26,915 | €5,915 | -€21,000 | -78.0% |
| Financial fixed assets | 28 | €185 | €135 | -€50 | -27.0% |
| Current assets | 29/58 | €139,557 | €193,849 | +€54,292 | +38.9% |
| Amounts receivable within one year | 40/41 | €24,336 | €23,781 | -€555 | -2.3% |
| Trade receivables | 40 | €23,730 | €23,175 | -€555 | -2.3% |
| Other amounts receivable | 41 | €606 | €606 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €115,221 | €170,068 | +€54,847 | +47.6% |
| Total equity and liabilities | 10/49 | €172,154 | €208,496 | +€36,342 | +21.1% |
| Equity | 10/15 | €170,873 | €192,547 | +€21,673 | +12.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €103,500 | €125,000 | +€21,500 | +20.8% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,000 | €8,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,000 | €32,000 | = | 0.0% |
| Distributable reserves | 133 | €63,500 | €85,000 | +€21,500 | +33.9% |
| Profit (loss) carried forward | 14 | €47,373 | €47,547 | +€173 | +0.4% |
| Amounts payable | 17/49 | €1,281 | €15,950 | +€14,669 | +1,145% |
| Amounts payable within one year | 42/48 | €1,281 | €15,950 | +€14,669 | +1,145% |
| Trade debts | 44 | €1,054 | €326 | -€727 | -69.0% |
| Suppliers | 440/4 | €1,054 | €326 | -€727 | -69.0% |
| Taxes, remuneration and social security | 45 | €227 | €10,624 | +€10,396 | +4,578% |
| Taxes | 450/3 | €227 | €10,624 | +€10,396 | +4,578% |
| Other amounts payable | 47/48 | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,388 | €25,783 | +€395 | +1.6% |
| Other operating charges | 640/8 | €3,992 | €4,402 | +€410 | +10.3% |
| Gross operating margin | 9900 | €41,668 | €66,364 | +€24,696 | +59.3% |
| Operating profit (loss) | 9901 | €12,288 | €36,179 | +€23,891 | +194% |
| Financial income | 75/76B | €185 | €608 | +€423 | +228% |
| Recurring financial income | 75 | €185 | €608 | +€423 | +228% |
| Financial charges | 65/66B | €295 | €292 | -€3 | -0.9% |
| Recurring financial charges | 65 | €295 | €292 | -€3 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €12,178 | €36,495 | +€24,317 | +200% |
| Income taxes | 67/77 | €2,950 | €9,822 | +€6,872 | +233% |
| Profit (loss) for the period | 9904 | €9,228 | €26,673 | +€17,445 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €9,228 | €26,673 | +€17,445 | +189% |
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 29 October 2026 via checked.be.