THOSA-IT: 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-IT
Largest movements
- Cash -€132,136
down €132,136 (-72.6%), from €181,988 to €49,851
mainly Other debts (-€112,519) and Contributions, distributions and other (-€63,033)
- Current investments +€9,709
new in 2025: €9,709
- Tangible fixed assets -€5,801
down €5,801 (-80.2%), from €7,235 to €1,433
of which Furniture and vehicles: -€4,931
- Receivables within one year +€4,281
up €4,281 (+33.9%), from €12,610 to €16,891
of which Trade receivables: +€3,340
- Other debts -€112,519
down €112,519 (-64.1%), from €175,552 to €63,033
- Current portion of long-term debt -€5,300
down €5,300 (-100.0%), from €5,300 to €0
- Profit (loss) carried forward -€5,281
down €5,281 (-100.0%), from €5,281 to €0
- Gross operating margin +€13,662
up €13,662 (+20.6%), from €66,439 to €80,101
- Depreciation -€5,930
down €5,930 (-50.5%), from €11,732 to €5,801
- Taxes +€3,921
up €3,921 (+34.2%), from €11,478 to €15,398
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 | €203,181 | €80,115 | -€123,066 | -60.6% |
| Fixed assets | 21/28 | €7,235 | €1,433 | -€5,801 | -80.2% |
| Tangible fixed assets | 22/27 | €7,235 | €1,433 | -€5,801 | -80.2% |
| Plant, machinery and equipment | 23 | €2,304 | €1,433 | -€871 | -37.8% |
| Furniture and vehicles | 24 | €4,931 | €0 | -€4,931 | -100.0% |
| Current assets | 29/58 | €195,946 | €78,682 | -€117,264 | -59.8% |
| Amounts receivable within one year | 40/41 | €12,610 | €16,891 | +€4,281 | +33.9% |
| Trade receivables | 40 | €12,088 | €15,428 | +€3,340 | +27.6% |
| Other amounts receivable | 41 | €522 | €1,463 | +€941 | +180.2% |
| Current investments | 50/53 | - | €9,709 | +€9,709 | |
| Cash at bank and in hand | 54/58 | €181,988 | €49,851 | -€132,136 | -72.6% |
| Deferred charges and accrued income | 490/1 | €1,348 | €2,231 | +€883 | +65.5% |
| Total equity and liabilities | 10/49 | €203,181 | €80,115 | -€123,066 | -60.6% |
| Equity | 10/15 | €5,381 | €100 | -€5,281 | -98.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,281 | €0 | -€5,281 | -100.0% |
| Amounts payable | 17/49 | €197,800 | €80,015 | -€117,784 | -59.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €197,800 | €80,015 | -€117,784 | -59.5% |
| Current portion of amounts payable after more than one year | 42 | €5,300 | €0 | -€5,300 | -100.0% |
| Trade debts | 44 | €1,620 | €2,412 | +€793 | +48.9% |
| Suppliers | 440/4 | €1,620 | €2,412 | +€793 | +48.9% |
| Taxes, remuneration and social security | 45 | €15,328 | €14,571 | -€758 | -4.9% |
| Taxes | 450/3 | €12,578 | €11,821 | -€758 | -6.0% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €175,552 | €63,033 | -€112,519 | -64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,732 | €5,801 | -€5,930 | -50.5% |
| Other operating charges | 640/8 | €713 | €729 | +€16 | +2.3% |
| Gross operating margin | 9900 | €66,439 | €80,101 | +€13,662 | +20.6% |
| Operating profit (loss) | 9901 | €53,994 | €73,571 | +€19,576 | +36.3% |
| Financial income | 75/76B | €0 | €25 | +€25 | +127350.0% |
| Recurring financial income | 75 | €0 | €25 | +€25 | +127350.0% |
| Financial charges | 65/66B | €445 | €447 | +€2 | +0.4% |
| Recurring financial charges | 65 | €445 | €447 | +€2 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €53,550 | €73,150 | +€19,600 | +36.6% |
| Income taxes | 67/77 | €11,478 | €15,398 | +€3,921 | +34.2% |
| Profit (loss) for the period | 9904 | €42,072 | €57,751 | +€15,680 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,072 | €57,751 | +€15,680 | +37.3% |
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 4 October 2026 via checked.be.