THOMITECH: 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.
THOMITECH
Largest movements
- Tangible fixed assets +€60,042
up €60,042 (+18.5%), from €323,991 to €384,033
of which Furniture and vehicles: +€69,583
- Cash +€10,211
up €10,211 (+20.6%), from €49,683 to €59,894
mainly Net result for the year (+€62,275) and Depreciation (+€29,721)
- Reserves +€62,275
up €62,275 (+38.9%), from €159,909 to €222,184
of which Tax-exempt reserves: +€47,103
- Other debts -€48,451
down €48,451 (-54.1%), from €89,518 to €41,067
- Debts after one year +€21,325
up €21,325 (+19.8%), from €107,943 to €129,268
- Current portion of long-term debt +€14,711
up €14,711 (+135.1%), from €10,885 to €25,596
- Provisions +€11,776
new in 2025: €11,776
- Gross operating margin +€29,784
up €29,784 (+32.9%), from €90,594 to €120,378
- Depreciation +€17,681
up €17,681 (+146.8%), from €12,040 to €29,721
- Taxes -€9,528
down €9,528 (-67.6%), from €14,094 to €4,566
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 | €396,868 | €464,677 | +€67,809 | +17.1% |
| Fixed assets | 21/28 | €323,991 | €384,033 | +€60,042 | +18.5% |
| Tangible fixed assets | 22/27 | €323,991 | €384,033 | +€60,042 | +18.5% |
| Land and buildings | 22 | €316,150 | €307,108 | -€9,042 | -2.9% |
| Plant, machinery and equipment | 23 | €3,365 | €2,866 | -€499 | -14.8% |
| Furniture and vehicles | 24 | €4,476 | €74,059 | +€69,583 | +1554.7% |
| Current assets | 29/58 | €72,878 | €80,644 | +€7,767 | +10.7% |
| Amounts receivable within one year | 40/41 | €21,220 | €19,056 | -€2,164 | -10.2% |
| Trade receivables | 40 | €19,029 | €13,552 | -€5,477 | -28.8% |
| Other amounts receivable | 41 | €2,191 | €5,504 | +€3,313 | +151.2% |
| Cash at bank and in hand | 54/58 | €49,683 | €59,894 | +€10,211 | +20.6% |
| Deferred charges and accrued income | 490/1 | €1,975 | €1,695 | -€280 | -14.2% |
| Total equity and liabilities | 10/49 | €396,868 | €464,677 | +€67,809 | +17.1% |
| Equity | 10/15 | €178,509 | €240,784 | +€62,275 | +34.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €159,909 | €222,184 | +€62,275 | +38.9% |
| Tax-exempt reserves | 132 | - | €47,103 | +€47,103 | |
| Distributable reserves | 133 | €159,909 | €175,081 | +€15,172 | +9.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €11,776 | +€11,776 | |
| Deferred taxes | 168 | - | €11,776 | +€11,776 | |
| Amounts payable | 17/49 | €218,359 | €212,117 | -€6,242 | -2.9% |
| Amounts payable after more than one year | 17 | €107,943 | €129,268 | +€21,325 | +19.8% |
| Financial debts | 170/4 | €107,943 | €129,268 | +€21,325 | +19.8% |
| Amounts payable within one year | 42/48 | €107,239 | €80,003 | -€27,236 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €10,885 | €25,596 | +€14,711 | +135.1% |
| Trade debts | 44 | €2,486 | €1,382 | -€1,104 | -44.4% |
| Suppliers | 440/4 | €2,486 | €1,382 | -€1,104 | -44.4% |
| Taxes, remuneration and social security | 45 | €4,350 | €11,958 | +€7,608 | +174.9% |
| Taxes | 450/3 | €4,350 | €11,958 | +€7,608 | +174.9% |
| Other amounts payable | 47/48 | €89,518 | €41,067 | -€48,451 | -54.1% |
| Accrued charges and deferred income | 492/3 | €3,177 | €2,846 | -€330 | -10.4% |
| Non-recurring operating income | 76A | €1,815 | €0 | -€1,815 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,040 | €29,721 | +€17,681 | +146.8% |
| Other operating charges | 640/8 | €2,220 | €1,558 | -€662 | -29.8% |
| Gross operating margin | 9900 | €90,594 | €120,378 | +€29,784 | +32.9% |
| Operating profit (loss) | 9901 | €76,334 | €89,100 | +€12,766 | +16.7% |
| Financial income | 75/76B | €182 | €233 | +€52 | +28.4% |
| Recurring financial income | 75 | €182 | €233 | +€52 | +28.4% |
| Financial charges | 65/66B | €9,608 | €10,717 | +€1,109 | +11.5% |
| Recurring financial charges | 65 | €9,608 | €10,717 | +€1,109 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €66,908 | €78,617 | +€11,708 | +17.5% |
| Transfer from deferred taxes | 780 | - | €2,944 | +€2,944 | |
| Transfer to deferred taxes | 680 | - | €14,720 | +€14,720 | |
| Income taxes | 67/77 | €14,094 | €4,566 | -€9,528 | -67.6% |
| Profit (loss) for the period | 9904 | €52,814 | €62,275 | +€9,461 | +17.9% |
| Transfer from tax-exempt reserves | 789 | - | €11,776 | +€11,776 | |
| Transfer to tax-exempt reserves | 689 | - | €58,879 | +€58,879 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,814 | €15,172 | -€37,642 | -71.3% |
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 11 October 2026 via checked.be.