THOR PARK: 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 PARK
Largest movements
- Stocks and contracts +€104,872
up €104,872 (+12.5%), from €841,734 to €946,606
- Other debts +€643,592
new in 2025: €643,592
- Debts after one year -€475,323
down €475,323 (-100.0%), from €475,323 to €0
- Short-term financial debts -€50,000
down €50,000 (-12.5%), from €400,000 to €350,000
- Gross operating margin +€3,085
up €3,085 (+44.4%), from -€6,955 to -€3,869
- Financial charges +€205
up €205, from €0 to €205
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 | €852,376 | €963,158 | +€110,782 | +13.0% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €852,376 | €963,158 | +€110,782 | +13.0% |
| Stocks and contracts in progress | 3 | €841,734 | €946,606 | +€104,872 | +12.5% |
| Stocks | 30/36 | €841,734 | €946,606 | +€104,872 | +12.5% |
| Amounts receivable within one year | 40/41 | €10,031 | €11,350 | +€1,319 | +13.2% |
| Other amounts receivable | 41 | €10,031 | €11,350 | +€1,319 | +13.2% |
| Cash at bank and in hand | 54/58 | €611 | €5,202 | +€4,591 | +751.6% |
| Total equity and liabilities | 10/49 | €852,376 | €963,158 | +€110,782 | +13.0% |
| Equity | 10/15 | -€28,335 | -€32,934 | -€4,599 | -16.2% |
| Contributions | 10/11 | €27,900 | €27,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,235 | -€60,834 | -€4,599 | -8.2% |
| Amounts payable | 17/49 | €880,710 | €996,092 | +€115,382 | +13.1% |
| Amounts payable after more than one year | 17 | €475,323 | €0 | -€475,323 | -100.0% |
| Financial debts | 170/4 | €475,323 | €0 | -€475,323 | -100.0% |
| Amounts payable within one year | 42/48 | €405,387 | €996,092 | +€590,705 | +145.7% |
| Financial debts | 43 | €400,000 | €350,000 | -€50,000 | -12.5% |
| Credit institutions | 430/8 | €400,000 | €350,000 | -€50,000 | -12.5% |
| Trade debts | 44 | €5,387 | €2,500 | -€2,887 | -53.6% |
| Suppliers | 440/4 | €5,387 | €2,500 | -€2,887 | -53.6% |
| Other amounts payable | 47/48 | - | €643,592 | +€643,592 | |
| Other operating charges | 640/8 | €512 | €525 | +€12 | +2.4% |
| Gross operating margin | 9900 | -€6,955 | -€3,869 | +€3,085 | +44.4% |
| Operating profit (loss) | 9901 | -€7,467 | -€4,394 | +€3,073 | +41.2% |
| Financial charges | 65/66B | €0 | €205 | +€205 | |
| Recurring financial charges | 65 | €0 | €205 | +€205 | |
| Profit (loss) for the period before taxes | 9903 | -€7,467 | -€4,599 | +€2,868 | +38.4% |
| Profit (loss) for the period | 9904 | -€7,467 | -€4,599 | +€2,868 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,467 | -€4,599 | +€2,868 | +38.4% |
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.