THOSA: 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.
THOSA
Largest movements
- Cash -€323,129
down €323,129 (-85.9%), from €375,967 to €52,838
mainly Receivables after one year (-€302,000) and Receivables within one year (-€57,055)
- Receivables after one year +€302,000
new in 2022: €302,000
- Receivables within one year +€57,055
up €57,055 (+17.1%), from €334,315 to €391,370
of which Other amounts receivable: +€56,254
- Other debts +€73,599
up €73,599 (+19.1%), from €385,688 to €459,287
- Profit (loss) carried forward -€44,060
down €44,060 (-255.6%), from -€17,237 to -€61,296
- Gross operating margin -€1,806
down €1,806 (-5.3%), from -€34,145 to -€35,951
- Financial income +€1,233
new in 2022: €1,233
- Depreciation -€1,152
down €1,152 (-14.0%), from €8,253 to €7,100
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €787,772 | €819,183 | +€31,412 | +4.0% |
| Fixed assets | 21/28 | €77,490 | €70,390 | -€7,100 | -9.2% |
| Tangible fixed assets | 22/27 | €77,490 | €70,390 | -€7,100 | -9.2% |
| Land and buildings | 22 | €77,490 | €70,390 | -€7,100 | -9.2% |
| Current assets | 29/58 | €710,282 | €748,794 | +€38,512 | +5.4% |
| Amounts receivable after more than one year | 29 | - | €302,000 | +€302,000 | |
| Other amounts receivable | 291 | - | €302,000 | +€302,000 | |
| Amounts receivable within one year | 40/41 | €334,315 | €391,370 | +€57,055 | +17.1% |
| Trade receivables | 40 | €5,084 | €5,885 | +€801 | +15.8% |
| Other amounts receivable | 41 | €329,231 | €385,485 | +€56,254 | +17.1% |
| Cash at bank and in hand | 54/58 | €375,967 | €52,838 | -€323,129 | -85.9% |
| Deferred charges and accrued income | 490/1 | - | €2,585 | +€2,585 | |
| Total equity and liabilities | 10/49 | €787,772 | €819,183 | +€31,412 | +4.0% |
| Equity | 10/15 | €374,845 | €330,785 | -€44,060 | -11.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €330,082 | €330,082 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €323,882 | €323,882 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,237 | -€61,296 | -€44,060 | -255.6% |
| Amounts payable | 17/49 | €412,926 | €488,398 | +€75,471 | +18.3% |
| Amounts payable within one year | 42/48 | €388,005 | €461,148 | +€73,143 | +18.9% |
| Trade debts | 44 | €590 | €1,860 | +€1,270 | +215.1% |
| Suppliers | 440/4 | €590 | €1,860 | +€1,270 | +215.1% |
| Taxes, remuneration and social security | 45 | €1,726 | - | -€1,726 | |
| Taxes | 450/3 | €750 | - | -€750 | |
| Remuneration and social security | 454/9 | €976 | - | -€976 | |
| Other amounts payable | 47/48 | €385,688 | €459,287 | +€73,599 | +19.1% |
| Accrued charges and deferred income | 492/3 | €24,922 | €27,250 | +€2,328 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,253 | €7,100 | -€1,152 | -14.0% |
| Other operating charges | 640/8 | €2,010 | €1,951 | -€59 | -3.0% |
| Gross operating margin | 9900 | -€34,145 | -€35,951 | -€1,806 | -5.3% |
| Operating profit (loss) | 9901 | -€44,408 | -€45,002 | -€594 | -1.3% |
| Financial income | 75/76B | - | €1,233 | +€1,233 | |
| Recurring financial income | 75 | - | €1,233 | +€1,233 | |
| Financial charges | 65/66B | €206 | €291 | +€85 | +41.4% |
| Recurring financial charges | 65 | €206 | €291 | +€85 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | -€44,613 | -€44,060 | +€554 | +1.2% |
| Profit (loss) for the period | 9904 | -€44,613 | -€44,060 | +€554 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,613 | -€44,060 | +€554 | +1.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.