Thoros Consulting: what changed
Two financial 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.
Thoros Consulting
Largest movements
- Cash -€254,474
down €254,474 (-98.2%), from €259,209 to €4,735
mainly Contributions, distributions and other (-€307,059) and Current investments (-€57,500)
- Current investments +€57,500
new in 2025: €57,500
- Receivables within one year +€9,090
up €9,090 (+43.2%), from €21,040 to €30,130
of which Other amounts receivable: +€7,654
- Tangible fixed assets -€9,079
down €9,079 (-53.9%), from €16,837 to €7,758
of which Furniture and vehicles: -€13,472
- Profit (loss) carried forward -€203,198
down €203,198 (-79.6%), from €255,137 to €51,939
- Current portion of long-term debt -€12,691
no longer reported in 2025 (was €12,691)
- Other debts +€12,564
new in 2025: €12,564
- Tax, wage and social debts +€4,013
up €4,013 (+49.1%), from €8,178 to €12,191
- Gross operating margin +€7,608
up €7,608 (+5.4%), from €140,107 to €147,715
- Other operating charges -€1,780
down €1,780 (-80.6%), from €2,208 to €428
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.
Derived cash bridge
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 | €299,239 | €100,758 | -€198,481 | -66.3% |
| Fixed assets | 21/28 | €16,837 | €7,758 | -€9,079 | -53.9% |
| Tangible fixed assets | 22/27 | €16,837 | €7,758 | -€9,079 | -53.9% |
| Land and buildings | 22 | €2,963 | €2,363 | -€600 | -20.2% |
| Plant, machinery and equipment | 23 | €402 | €5,394 | +€4,993 | +1,242% |
| Furniture and vehicles | 24 | €13,472 | - | -€13,472 | |
| Current assets | 29/58 | €282,402 | €93,001 | -€189,402 | -67.1% |
| Amounts receivable within one year | 40/41 | €21,040 | €30,130 | +€9,090 | +43.2% |
| Trade receivables | 40 | €17,095 | €18,531 | +€1,436 | +8.4% |
| Other amounts receivable | 41 | €3,946 | €11,599 | +€7,654 | +194% |
| Current investments | 50/53 | - | €57,500 | +€57,500 | |
| Cash at bank and in hand | 54/58 | €259,209 | €4,735 | -€254,474 | -98.2% |
| Deferred charges and accrued income | 490/1 | €2,153 | €635 | -€1,518 | -70.5% |
| Total equity and liabilities | 10/49 | €299,239 | €100,758 | -€198,481 | -66.3% |
| Equity | 10/15 | €275,542 | €72,344 | -€203,198 | -73.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255,137 | €51,939 | -€203,198 | -79.6% |
| Amounts payable | 17/49 | €23,698 | €28,415 | +€4,717 | +19.9% |
| Amounts payable within one year | 42/48 | €23,698 | €28,415 | +€4,717 | +19.9% |
| Current portion of amounts payable after more than one year | 42 | €12,691 | - | -€12,691 | |
| Trade debts | 44 | €2,828 | €3,660 | +€831 | +29.4% |
| Suppliers | 440/4 | €2,828 | €3,660 | +€831 | +29.4% |
| Taxes, remuneration and social security | 45 | €8,178 | €12,191 | +€4,013 | +49.1% |
| Taxes | 450/3 | €8,178 | €12,191 | +€4,013 | +49.1% |
| Other amounts payable | 47/48 | - | €12,564 | +€12,564 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,489 | €15,186 | -€303 | -2.0% |
| Other operating charges | 640/8 | €2,208 | €428 | -€1,780 | -80.6% |
| Gross operating margin | 9900 | €140,107 | €147,715 | +€7,608 | +5.4% |
| Operating profit (loss) | 9901 | €122,409 | €132,101 | +€9,692 | +7.9% |
| Financial income | 75/76B | €3,518 | €2,882 | -€637 | -18.1% |
| Recurring financial income | 75 | €3,518 | €2,882 | -€637 | -18.1% |
| Financial charges | 65/66B | €243 | €232 | -€11 | -4.5% |
| Recurring financial charges | 65 | €243 | €232 | -€11 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €125,685 | €134,751 | +€9,066 | +7.2% |
| Income taxes | 67/77 | €29,769 | €30,890 | +€1,122 | +3.8% |
| Profit (loss) for the period | 9904 | €95,916 | €103,861 | +€7,944 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €95,916 | €103,861 | +€7,944 | +8.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.