THORIMAR: 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.
THORIMAR
Largest movements
- Cash -€4,347
down €4,347 (-53.1%), from €8,184 to €3,837
mainly Net result for the year (-€5,764) and Current investments (-€315)
- Receivables within one year -€1,171
down €1,171 (-60.8%), from €1,926 to €755
- Profit (loss) carried forward -€5,764
down €5,764 (-11.8%), from €48,861 to €43,098
- Trade debts +€735
up €735 (+189.8%), from €387 to €1,123
- Gross operating margin -€654
down €654 (-12.8%), from -€5,121 to -€5,776
- Other operating charges -€331
down €331 (-65.6%), from €505 to €174
- Financial income -€263
down €263 (-42.4%), from €621 to €358
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 | €72,490 | €67,286 | -€5,203 | -7.2% |
| Current assets | 29/58 | €72,490 | €67,286 | -€5,203 | -7.2% |
| Amounts receivable within one year | 40/41 | €1,926 | €755 | -€1,171 | -60.8% |
| Other amounts receivable | 41 | €1,926 | €755 | -€1,171 | -60.8% |
| Current investments | 50/53 | €62,379 | €62,694 | +€315 | +0.5% |
| Cash at bank and in hand | 54/58 | €8,184 | €3,837 | -€4,347 | -53.1% |
| Total equity and liabilities | 10/49 | €72,490 | €67,286 | -€5,203 | -7.2% |
| Equity | 10/15 | €71,738 | €65,975 | -€5,764 | -8.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,677 | €16,677 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €14,818 | €14,818 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,861 | €43,098 | -€5,764 | -11.8% |
| Amounts payable | 17/49 | €751 | €1,312 | +€561 | +74.6% |
| Amounts payable within one year | 42/48 | €751 | €1,312 | +€561 | +74.6% |
| Trade debts | 44 | €387 | €1,123 | +€735 | +189.8% |
| Suppliers | 440/4 | €387 | €1,123 | +€735 | +189.8% |
| Taxes, remuneration and social security | 45 | €364 | €189 | -€175 | -48.0% |
| Taxes | 450/3 | €364 | €189 | -€175 | -48.0% |
| Other operating charges | 640/8 | €505 | €174 | -€331 | -65.6% |
| Gross operating margin | 9900 | -€5,121 | -€5,776 | -€654 | -12.8% |
| Operating profit (loss) | 9901 | -€5,626 | -€5,950 | -€323 | -5.7% |
| Financial income | 75/76B | €621 | €358 | -€263 | -42.4% |
| Recurring financial income | 75 | €621 | €358 | -€263 | -42.4% |
| Financial charges | 65/66B | €112 | €70 | -€42 | -37.4% |
| Recurring financial charges | 65 | €112 | €70 | -€42 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,118 | -€5,662 | -€544 | -10.6% |
| Income taxes | 67/77 | €87 | €102 | +€15 | +17.1% |
| Profit (loss) for the period | 9904 | -€5,205 | -€5,764 | -€559 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,205 | -€5,764 | -€559 | -10.7% |
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 6 October 2026 via checked.be.