THOMSON D.O.: 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.
THOMSON D.O.
Largest movements
- Cash +€18,140
up €18,140 (+394.0%), from €4,604 to €22,744
mainly Debts after one year (+€19,349) and Net result for the year (+€15,353)
- Tangible fixed assets -€6,921
down €6,921 (-34.1%), from €20,282 to €13,361
- Receivables within one year +€6,526
up €6,526 (+185.6%), from €3,515 to €10,041
of which Trade receivables: +€6,353
- Intangible fixed assets -€5,000
down €5,000 (-11.1%), from €45,000 to €40,000
- Deferred charges and accrued income -€1,005
down €1,005 (-57.0%), from €1,762 to €757
- Other debts -€27,334
down €27,334 (-49.2%), from €55,588 to €28,254
- Debts after one year +€19,349
new in 2025: €19,349
- Reserves +€14,494
up €14,494 (+145.5%), from €9,961 to €24,455
- Current portion of long-term debt +€7,177
new in 2025: €7,177
- Trade debts -€1,902
down €1,902 (-63.6%), from €2,992 to €1,090
- Gross operating margin +€9,794
up €9,794 (+35.1%), from €27,885 to €37,679
- Taxes +€2,553
up €2,553 (+56.4%), from €4,524 to €7,077
- Depreciation +€1,905
up €1,905 (+19.0%), from €10,016 to €11,921
- Financial charges +€521
up €521 (+28.5%), from €1,831 to €2,352
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 | €75,163 | €86,903 | +€11,740 | +15.6% |
| Fixed assets | 21/28 | €65,282 | €53,361 | -€11,921 | -18.3% |
| Intangible fixed assets | 21 | €45,000 | €40,000 | -€5,000 | -11.1% |
| Tangible fixed assets | 22/27 | €20,282 | €13,361 | -€6,921 | -34.1% |
| Furniture and vehicles | 24 | €20,282 | €13,361 | -€6,921 | -34.1% |
| Current assets | 29/58 | €9,881 | €33,542 | +€23,661 | +239.5% |
| Amounts receivable within one year | 40/41 | €3,515 | €10,041 | +€6,526 | +185.6% |
| Trade receivables | 40 | €1,289 | €7,642 | +€6,353 | +492.7% |
| Other amounts receivable | 41 | €2,226 | €2,399 | +€173 | +7.8% |
| Cash at bank and in hand | 54/58 | €4,604 | €22,744 | +€18,140 | +394.0% |
| Deferred charges and accrued income | 490/1 | €1,762 | €757 | -€1,005 | -57.0% |
| Total equity and liabilities | 10/49 | €75,163 | €86,903 | +€11,740 | +15.6% |
| Equity | 10/15 | €12,461 | €26,955 | +€14,494 | +116.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €9,961 | €24,455 | +€14,494 | +145.5% |
| Distributable reserves | 133 | €9,961 | €24,455 | +€14,494 | +145.5% |
| Amounts payable | 17/49 | €62,702 | €59,948 | -€2,754 | -4.4% |
| Amounts payable after more than one year | 17 | - | €19,349 | +€19,349 | |
| Financial debts | 170/4 | - | €19,349 | +€19,349 | |
| Amounts payable within one year | 42/48 | €62,702 | €40,599 | -€22,103 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | - | €7,177 | +€7,177 | |
| Trade debts | 44 | €2,992 | €1,090 | -€1,902 | -63.6% |
| Suppliers | 440/4 | €2,992 | €1,090 | -€1,902 | -63.6% |
| Taxes, remuneration and social security | 45 | €4,122 | €4,078 | -€44 | -1.1% |
| Taxes | 450/3 | €2,207 | €2,145 | -€62 | -2.8% |
| Remuneration and social security | 454/9 | €1,915 | €1,933 | +€18 | +1.0% |
| Other amounts payable | 47/48 | €55,588 | €28,254 | -€27,334 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,016 | €11,921 | +€1,905 | +19.0% |
| Other operating charges | 640/8 | €754 | €977 | +€223 | +29.6% |
| Gross operating margin | 9900 | €27,885 | €37,679 | +€9,794 | +35.1% |
| Operating profit (loss) | 9901 | €17,115 | €24,781 | +€7,666 | +44.8% |
| Financial income | 75/76B | €1 | €1 | +€0 | +25.0% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +25.0% |
| Financial charges | 65/66B | €1,831 | €2,352 | +€521 | +28.5% |
| Recurring financial charges | 65 | €1,831 | €2,352 | +€521 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €15,285 | €22,430 | +€7,145 | +46.7% |
| Income taxes | 67/77 | €4,524 | €7,077 | +€2,553 | +56.4% |
| Profit (loss) for the period | 9904 | €10,761 | €15,353 | +€4,593 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,761 | €15,353 | +€4,593 | +42.7% |
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.