Thor Hydration: 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.
Thor Hydration
Largest movements
- Stocks and contracts +€6,430
up €6,430 (+2009.4%), from €320 to €6,750
- Cash -€4,980
down €4,980 (-46.7%), from €10,653 to €5,673
mainly Stocks and contracts (-€6,430) and Other debts (-€3,199)
- Receivables within one year +€629
up €629 (+40.2%), from €1,565 to €2,193
of which Other amounts receivable: +€695
- Profit (loss) carried forward +€3,854
up €3,854 (+52.4%), from -€7,362 to -€3,507
- Other debts -€3,199
down €3,199 (-93.3%), from €3,427 to €228
- Tax, wage and social debts +€712
up €712 (+676.7%), from €105 to €817
- Trade debts +€573
up €573 (+3386.7%), from €17 to €590
- Accrued charges and deferred income +€201
up €201 (+14.9%), from €1,350 to €1,551
- Gross operating margin +€2,034
up €2,034 (+86.8%), from €2,343 to €4,377
- Financial charges +€163
up €163 (+75.2%), from €216 to €379
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 | €12,537 | €14,679 | +€2,142 | +17.1% |
| Current assets | 29/58 | €12,537 | €14,679 | +€2,142 | +17.1% |
| Stocks and contracts in progress | 3 | €320 | €6,750 | +€6,430 | +2009.4% |
| Stocks | 30/36 | €320 | €6,750 | +€6,430 | +2009.4% |
| Amounts receivable within one year | 40/41 | €1,565 | €2,193 | +€629 | +40.2% |
| Trade receivables | 40 | €1,565 | €1,499 | -€66 | -4.2% |
| Other amounts receivable | 41 | €0 | €695 | +€695 | |
| Cash at bank and in hand | 54/58 | €10,653 | €5,673 | -€4,980 | -46.7% |
| Deferred charges and accrued income | 490/1 | €0 | €63 | +€63 | |
| Total equity and liabilities | 10/49 | €12,537 | €14,679 | +€2,142 | +17.1% |
| Equity | 10/15 | €7,638 | €11,493 | +€3,854 | +50.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,362 | -€3,507 | +€3,854 | +52.4% |
| Amounts payable | 17/49 | €4,899 | €3,186 | -€1,713 | -35.0% |
| Amounts payable within one year | 42/48 | €3,549 | €1,635 | -€1,914 | -53.9% |
| Trade debts | 44 | €17 | €590 | +€573 | +3386.7% |
| Suppliers | 440/4 | €17 | €590 | +€573 | +3386.7% |
| Taxes, remuneration and social security | 45 | €105 | €817 | +€712 | +676.7% |
| Taxes | 450/3 | €105 | €817 | +€712 | +676.7% |
| Other amounts payable | 47/48 | €3,427 | €228 | -€3,199 | -93.3% |
| Accrued charges and deferred income | 492/3 | €1,350 | €1,551 | +€201 | +14.9% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €2,343 | €4,377 | +€2,034 | +86.8% |
| Operating profit (loss) | 9901 | €2,203 | €4,233 | +€2,030 | +92.2% |
| Financial charges | 65/66B | €216 | €379 | +€163 | +75.2% |
| Recurring financial charges | 65 | €216 | €379 | +€163 | +75.2% |
| Profit (loss) for the period before taxes | 9903 | €1,987 | €3,854 | +€1,868 | +94.0% |
| Profit (loss) for the period | 9904 | €1,987 | €3,854 | +€1,868 | +94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,987 | €3,854 | +€1,868 | +94.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.