Thongkam Baan: what changed
Thongkam Baan
Largest movements
- Cash +€13,865
up €13,865 (+77.2%), from €17,962 to €31,827
mainly Net result for the year (+€9,835) and Tax, wage and social debts (+€3,075)
- Receivables within one year -€2,299
down €2,299 (-25.5%), from €9,024 to €6,725
of which Trade receivables: -€2,057
- Tangible fixed assets +€795
up €795 (+15.1%), from €5,266 to €6,061
- Profit (loss) carried forward +€9,835
up €9,835 (+48.7%), from €20,177 to €30,012
- Tax, wage and social debts +€3,075
up €3,075 (+29.0%), from €10,617 to €13,692
of which Taxes: +€3,222
- Trade debts -€956
down €956 (-75.0%), from €1,275 to €319
- Gross operating margin -€12,423
down €12,423 (-45.4%), from €27,358 to €14,935
- Taxes -€2,538
down €2,538 (-43.8%), from €5,798 to €3,260
- Depreciation +€446
up €446 (+33.8%), from €1,320 to €1,766
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,569 | €44,613 | +€12,044 | +37.0% |
| Fixed assets | 21/28 | €5,266 | €6,061 | +€795 | +15.1% |
| Tangible fixed assets | 22/27 | €5,266 | €6,061 | +€795 | +15.1% |
| Furniture and vehicles | 24 | €5,266 | €6,061 | +€795 | +15.1% |
| Current assets | 29/58 | €27,303 | €38,553 | +€11,250 | +41.2% |
| Amounts receivable within one year | 40/41 | €9,024 | €6,725 | -€2,299 | -25.5% |
| Trade receivables | 40 | €8,779 | €6,722 | -€2,057 | -23.4% |
| Other amounts receivable | 41 | €245 | €4 | -€241 | -98.4% |
| Cash at bank and in hand | 54/58 | €17,962 | €31,827 | +€13,865 | +77.2% |
| Deferred charges and accrued income | 490/1 | €317 | - | -€317 | |
| Total equity and liabilities | 10/49 | €32,569 | €44,613 | +€12,044 | +37.0% |
| Equity | 10/15 | €20,677 | €30,512 | +€9,835 | +47.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,177 | €30,012 | +€9,835 | +48.7% |
| Amounts payable | 17/49 | €11,892 | €14,101 | +€2,209 | +18.6% |
| Amounts payable within one year | 42/48 | €11,892 | €14,101 | +€2,209 | +18.6% |
| Trade debts | 44 | €1,275 | €319 | -€956 | -75.0% |
| Suppliers | 440/4 | €1,275 | €319 | -€956 | -75.0% |
| Taxes, remuneration and social security | 45 | €10,617 | €13,692 | +€3,075 | +29.0% |
| Taxes | 450/3 | €10,470 | €13,692 | +€3,222 | +30.8% |
| Remuneration and social security | 454/9 | €147 | - | -€147 | |
| Other amounts payable | 47/48 | - | €90 | +€90 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,320 | €1,766 | +€446 | +33.8% |
| Gross operating margin | 9900 | €27,358 | €14,935 | -€12,423 | -45.4% |
| Operating profit (loss) | 9901 | €26,038 | €13,169 | -€12,869 | -49.4% |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €87 | €73 | -€14 | -16.1% |
| Recurring financial charges | 65 | €87 | €73 | -€14 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €25,975 | €13,096 | -€12,879 | -49.6% |
| Income taxes | 67/77 | €5,798 | €3,260 | -€2,538 | -43.8% |
| Profit (loss) for the period | 9904 | €20,177 | €9,835 | -€10,342 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,177 | €9,835 | -€10,342 | -51.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.