THOROO: 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.
THOROO
Largest movements
- Cash -€41,677
down €41,677 (-68.7%), from €60,665 to €18,988
mainly Net result for the year (-€20,507) and Receivables within one year (-€16,964)
- Receivables within one year +€16,964
up €16,964 (+39.5%), from €43,000 to €59,964
of which Other amounts receivable: +€16,780
- Tangible fixed assets -€1,738
down €1,738 (-39.3%), from €4,426 to €2,688
- Deferred charges and accrued income +€1,233
up €1,233 (+37.1%), from €3,321 to €4,554
- Profit (loss) carried forward -€20,507
down €20,507, from €6,008 to -€14,499
- Other debts -€3,778
down €3,778 (-100.0%), from €3,778 to €0
- Gross operating margin -€10,708
down €10,708 (-105.3%), from -€10,168 to -€20,875
- Financial income +€1,231
up €1,231 (+52.7%), from €2,335 to €3,566
- Financial charges -€440
down €440 (-37.7%), from €1,168 to €727
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,412 | €86,194 | -€25,218 | -22.6% |
| Fixed assets | 21/28 | €4,426 | €2,688 | -€1,738 | -39.3% |
| Tangible fixed assets | 22/27 | €4,426 | €2,688 | -€1,738 | -39.3% |
| Plant, machinery and equipment | 23 | €4,426 | €2,688 | -€1,738 | -39.3% |
| Current assets | 29/58 | €106,986 | €83,506 | -€23,480 | -21.9% |
| Amounts receivable within one year | 40/41 | €43,000 | €59,964 | +€16,964 | +39.5% |
| Trade receivables | 40 | - | €184 | +€184 | |
| Other amounts receivable | 41 | €43,000 | €59,780 | +€16,780 | +39.0% |
| Cash at bank and in hand | 54/58 | €60,665 | €18,988 | -€41,677 | -68.7% |
| Deferred charges and accrued income | 490/1 | €3,321 | €4,554 | +€1,233 | +37.1% |
| Total equity and liabilities | 10/49 | €111,412 | €86,194 | -€25,218 | -22.6% |
| Equity | 10/15 | €104,774 | €84,267 | -€20,507 | -19.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €83,766 | €83,766 | = | 0.0% |
| Distributable reserves | 133 | €83,766 | €83,766 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,008 | -€14,499 | -€20,507 | |
| Amounts payable | 17/49 | €6,638 | €1,927 | -€4,711 | -71.0% |
| Amounts payable within one year | 42/48 | €6,429 | €1,927 | -€4,502 | -70.0% |
| Trade debts | 44 | €2,145 | €1,787 | -€358 | -16.7% |
| Suppliers | 440/4 | €2,145 | €1,787 | -€358 | -16.7% |
| Taxes, remuneration and social security | 45 | €505 | €140 | -€365 | -72.2% |
| Taxes | 450/3 | €505 | €140 | -€365 | -72.2% |
| Other amounts payable | 47/48 | €3,778 | €0 | -€3,778 | -100.0% |
| Accrued charges and deferred income | 492/3 | €209 | €0 | -€209 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,587 | €1,738 | +€151 | +9.5% |
| Other operating charges | 640/8 | €588 | €592 | +€3 | +0.6% |
| Gross operating margin | 9900 | -€10,168 | -€20,875 | -€10,708 | -105.3% |
| Operating profit (loss) | 9901 | -€12,343 | -€23,205 | -€10,862 | -88.0% |
| Financial income | 75/76B | €2,335 | €3,566 | +€1,231 | +52.7% |
| Recurring financial income | 75 | €2,335 | €3,566 | +€1,231 | +52.7% |
| Financial charges | 65/66B | €1,168 | €727 | -€440 | -37.7% |
| Recurring financial charges | 65 | €1,168 | €727 | -€440 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,176 | -€20,367 | -€9,191 | -82.2% |
| Income taxes | 67/77 | €137 | €140 | +€3 | +2.2% |
| Profit (loss) for the period | 9904 | -€11,313 | -€20,507 | -€9,194 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,313 | -€20,507 | -€9,194 | -81.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.