THONET ERIC: what changed
Two fiscal 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.
THONET ERIC
Largest movements
- Tangible fixed assets -€50,569
down €50,569 (-6.9%), from €736,151 to €685,582
of which Land and buildings: -€69,948
- Other debts -€86,517
down €86,517 (-63.4%), from €136,407 to €49,890
- Reserves +€79,922
up €79,922 (+19.3%), from €413,870 to €493,792
- Debts after one year -€31,709
down €31,709 (-61.5%), from €51,534 to €19,824
- Current portion of long-term debt -€20,576
down €20,576 (-24.6%), from €83,547 to €62,971
- Short-term financial debts +€17,992
new in 2026: €17,992
- Taxes -€13,065
down €13,065 (-24.7%), from €52,992 to €39,927
- Financial income +€5,267
up €5,267, from €0 to €5,267
- Gross operating margin -€2,581
down €2,581 (-1.2%), from €221,746 to €219,165
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €853,177 | €799,499 | -€53,678 | -6.3% |
| Fixed assets | 21/28 | €736,151 | €685,582 | -€50,569 | -6.9% |
| Tangible fixed assets | 22/27 | €736,151 | €685,582 | -€50,569 | -6.9% |
| Land and buildings | 22 | €667,468 | €597,521 | -€69,948 | -10.5% |
| Plant, machinery and equipment | 23 | €60,184 | €47,897 | -€12,288 | -20.4% |
| Furniture and vehicles | 24 | €8,499 | €40,165 | +€31,666 | +372.6% |
| Current assets | 29/58 | €117,026 | €113,917 | -€3,109 | -2.7% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €100,000 | €103,687 | +€3,687 | +3.7% |
| Cash at bank and in hand | 54/58 | €13,128 | €6,605 | -€6,523 | -49.7% |
| Deferred charges and accrued income | 490/1 | €3,898 | €3,625 | -€273 | -7.0% |
| Total equity and liabilities | 10/49 | €853,177 | €799,499 | -€53,678 | -6.3% |
| Equity | 10/15 | €556,095 | €636,018 | +€79,922 | +14.4% |
| Contributions | 10/11 | €142,225 | €142,225 | = | 0.0% |
| Reserves | 13 | €413,870 | €493,792 | +€79,922 | +19.3% |
| Distributable reserves | 133 | €413,870 | €493,792 | +€79,922 | +19.3% |
| Amounts payable | 17/49 | €297,082 | €163,482 | -€133,600 | -45.0% |
| Amounts payable after more than one year | 17 | €51,534 | €19,824 | -€31,709 | -61.5% |
| Financial debts | 170/4 | €51,534 | €19,824 | -€31,709 | -61.5% |
| Amounts payable within one year | 42/48 | €245,548 | €143,657 | -€101,891 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | €83,547 | €62,971 | -€20,576 | -24.6% |
| Financial debts | 43 | - | €17,992 | +€17,992 | |
| Credit institutions | 430/8 | - | €17,992 | +€17,992 | |
| Trade debts | 44 | €300 | €4,457 | +€4,157 | +1388.0% |
| Suppliers | 440/4 | €300 | €4,457 | +€4,157 | +1388.0% |
| Taxes, remuneration and social security | 45 | €25,295 | €8,347 | -€16,948 | -67.0% |
| Taxes | 450/3 | €25,295 | €8,347 | -€16,948 | -67.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €136,407 | €49,890 | -€86,517 | -63.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,651 | €85,600 | +€950 | +1.1% |
| Other operating charges | 640/8 | €11,776 | €13,143 | +€1,368 | +11.6% |
| Non-recurring operating charges | 66A | - | €1,699 | +€1,699 | |
| Gross operating margin | 9900 | €221,746 | €219,165 | -€2,581 | -1.2% |
| Operating profit (loss) | 9901 | €125,320 | €118,723 | -€6,597 | -5.3% |
| Financial income | 75/76B | €0 | €5,267 | +€5,267 | |
| Recurring financial income | 75 | €0 | €5,267 | +€5,267 | |
| Financial charges | 65/66B | €5,084 | €4,140 | -€943 | -18.6% |
| Recurring financial charges | 65 | €5,084 | €4,140 | -€943 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €120,236 | €119,849 | -€387 | -0.3% |
| Income taxes | 67/77 | €52,992 | €39,927 | -€13,065 | -24.7% |
| Profit (loss) for the period | 9904 | €67,244 | €79,922 | +€12,678 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,244 | €79,922 | +€12,678 | +18.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.