Thomial: 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.
Thomial
Largest movements
- Receivables within one year +€16,362
up €16,362 (+15150.0%), from €108 to €16,470
- Tangible fixed assets -€7,032
down €7,032 (-24.4%), from €28,863 to €21,831
of which Plant, machinery and equipment: -€6,126
- Cash +€2,463
up €2,463 (+5.9%), from €41,498 to €43,961
mainly Net result for the year (+€17,622) and Current portion of long-term debt (+€9,417)
- Formation expenses -€1,125
down €1,125 (-14.3%), from €7,875 to €6,750
- Reserves +€17,622
new in 2025: €17,622
- Other debts -€12,800
down €12,800 (-80.0%), from €16,000 to €3,200
- Tax, wage and social debts -€11,069
down €11,069 (-48.2%), from €22,951 to €11,882
of which Taxes: -€8,951
- Current portion of long-term debt +€9,417
up €9,417 (+234.6%), from €4,014 to €13,431
- Trade debts +€3,847
up €3,847 (+28.7%), from €13,412 to €17,259
- Gross operating margin +€18,486
up €18,486 (+15.3%), from €121,031 to €139,517
- Staff costs +€17,094
up €17,094 (+23.7%), from €72,052 to €89,146
- Taxes +€10,296
up €10,296 (+109.1%), from €9,436 to €19,732
- Depreciation +€2,652
up €2,652 (+48.2%), from €5,505 to €8,157
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.
Cash bridge derived
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 | €78,378 | €89,047 | +€10,669 | +13.6% |
| Formation expenses | 20 | €7,875 | €6,750 | -€1,125 | -14.3% |
| Fixed assets | 21/28 | €28,863 | €21,831 | -€7,032 | -24.4% |
| Tangible fixed assets | 22/27 | €28,863 | €21,831 | -€7,032 | -24.4% |
| Plant, machinery and equipment | 23 | €26,411 | €20,285 | -€6,126 | -23.2% |
| Furniture and vehicles | 24 | €2,452 | €1,546 | -€906 | -36.9% |
| Current assets | 29/58 | €41,640 | €60,466 | +€18,826 | +45.2% |
| Amounts receivable within one year | 40/41 | €108 | €16,470 | +€16,362 | +15150.0% |
| Other amounts receivable | 41 | €108 | €16,470 | +€16,362 | +15150.0% |
| Cash at bank and in hand | 54/58 | €41,498 | €43,961 | +€2,463 | +5.9% |
| Deferred charges and accrued income | 490/1 | €34 | €35 | +€1 | +2.9% |
| Total equity and liabilities | 10/49 | €78,378 | €89,047 | +€10,669 | +13.6% |
| Equity | 10/15 | €14,377 | €31,999 | +€17,622 | +122.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €17,622 | +€17,622 | |
| Distributable reserves | 133 | - | €17,622 | +€17,622 | |
| Profit (loss) carried forward | 14 | €12,377 | €12,377 | = | 0.0% |
| Amounts payable | 17/49 | €64,001 | €57,048 | -€6,953 | -10.9% |
| Amounts payable after more than one year | 17 | €7,624 | €11,276 | +€3,652 | +47.9% |
| Financial debts | 170/4 | €7,624 | €11,276 | +€3,652 | +47.9% |
| Amounts payable within one year | 42/48 | €56,377 | €45,772 | -€10,605 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €4,014 | €13,431 | +€9,417 | +234.6% |
| Trade debts | 44 | €13,412 | €17,259 | +€3,847 | +28.7% |
| Suppliers | 440/4 | €13,412 | €17,259 | +€3,847 | +28.7% |
| Taxes, remuneration and social security | 45 | €22,951 | €11,882 | -€11,069 | -48.2% |
| Taxes | 450/3 | €13,435 | €4,484 | -€8,951 | -66.6% |
| Remuneration and social security | 454/9 | €9,516 | €7,398 | -€2,118 | -22.3% |
| Other amounts payable | 47/48 | €16,000 | €3,200 | -€12,800 | -80.0% |
| Remuneration, social security and pensions | 62 | €72,052 | €89,146 | +€17,094 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,505 | €8,157 | +€2,652 | +48.2% |
| Other operating charges | 640/8 | €3,992 | €3,354 | -€638 | -16.0% |
| Gross operating margin | 9900 | €121,031 | €139,517 | +€18,486 | +15.3% |
| Operating profit (loss) | 9901 | €39,482 | €38,860 | -€622 | -1.6% |
| Financial income | 75/76B | €1 | €699 | +€698 | +69800.0% |
| Recurring financial income | 75 | €1 | €699 | +€698 | +69800.0% |
| Financial charges | 65/66B | €1,741 | €2,205 | +€464 | +26.7% |
| Recurring financial charges | 65 | €1,741 | €2,205 | +€464 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €37,742 | €37,354 | -€388 | -1.0% |
| Income taxes | 67/77 | €9,436 | €19,732 | +€10,296 | +109.1% |
| Profit (loss) for the period | 9904 | €28,306 | €17,622 | -€10,684 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,306 | €17,622 | -€10,684 | -37.7% |
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 10 October 2026 via checked.be.