THOSOMA: 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.
THOSOMA
Largest movements
- Tangible fixed assets +€69,635
up €69,635 (+5.3%), from €1.3m to €1.4m
of which Land and buildings: +€73,204
- Cash -€69,476
down €69,476 (-18.5%), from €374,635 to €305,159
mainly Net result for the year (-€178,936) and Investment in fixed assets (net) (-€137,091)
- Profit (loss) carried forward -€178,936
down €178,936 (-13.2%), from -€1.4m to -€1.5m
- Other debts +€166,393
up €166,393 (+10.0%), from €1.7m to €1.8m
- Accrued charges and deferred income +€20,849
up €20,849 (+30.6%), from €68,199 to €89,048
- Financial income +€9,034
new in 2025: €9,034
- Gross operating margin +€7,776
up €7,776 (+25.1%), from -€30,955 to -€23,179
- Depreciation +€7,603
up €7,603 (+12.7%), from €59,853 to €67,456
- Other operating charges -€2,444
down €2,444 (-23.4%), from €10,457 to €8,012
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 | €1,686,337 | €1,689,250 | +€2,913 | +0.2% |
| Fixed assets | 21/28 | €1,310,999 | €1,380,634 | +€69,635 | +5.3% |
| Tangible fixed assets | 22/27 | €1,310,999 | €1,380,634 | +€69,635 | +5.3% |
| Land and buildings | 22 | €1,295,083 | €1,368,287 | +€73,204 | +5.7% |
| Plant, machinery and equipment | 23 | €747 | €9,106 | +€8,359 | +1118.8% |
| Furniture and vehicles | 24 | €4,068 | €3,241 | -€828 | -20.3% |
| Assets under construction and advance payments | 27 | €11,100 | - | -€11,100 | |
| Current assets | 29/58 | €375,338 | €308,616 | -€66,722 | -17.8% |
| Amounts receivable within one year | 40/41 | - | €2,665 | +€2,665 | |
| Other amounts receivable | 41 | - | €2,665 | +€2,665 | |
| Cash at bank and in hand | 54/58 | €374,635 | €305,159 | -€69,476 | -18.5% |
| Deferred charges and accrued income | 490/1 | €703 | €792 | +€89 | +12.7% |
| Total equity and liabilities | 10/49 | €1,686,337 | €1,689,250 | +€2,913 | +0.2% |
| Equity | 10/15 | -€54,338 | -€233,274 | -€178,936 | -329.3% |
| Contributions | 10/11 | €1,280,000 | €1,280,000 | = | 0.0% |
| Capital | 10 | €1,280,000 | €1,280,000 | = | 0.0% |
| Issued capital | 100 | €1,280,000 | €1,280,000 | = | 0.0% |
| Reserves | 13 | €18,920 | €18,920 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,800 | €12,800 | = | 0.0% |
| Legal reserve | 130 | €12,800 | €12,800 | = | 0.0% |
| Distributable reserves | 133 | €6,120 | €6,120 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,353,258 | -€1,532,194 | -€178,936 | -13.2% |
| Amounts payable | 17/49 | €1,740,675 | €1,922,523 | +€181,849 | +10.4% |
| Amounts payable within one year | 42/48 | €1,672,476 | €1,833,476 | +€161,000 | +9.6% |
| Trade debts | 44 | €6,254 | €861 | -€5,393 | -86.2% |
| Suppliers | 440/4 | €6,254 | €861 | -€5,393 | -86.2% |
| Other amounts payable | 47/48 | €1,666,222 | €1,832,614 | +€166,393 | +10.0% |
| Accrued charges and deferred income | 492/3 | €68,199 | €89,048 | +€20,849 | +30.6% |
| Non-recurring operating income | 76A | €20,031 | - | -€20,031 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,853 | €67,456 | +€7,603 | +12.7% |
| Other operating charges | 640/8 | €10,457 | €8,012 | -€2,444 | -23.4% |
| Gross operating margin | 9900 | -€30,955 | -€23,179 | +€7,776 | +25.1% |
| Operating profit (loss) | 9901 | -€101,265 | -€98,648 | +€2,618 | +2.6% |
| Financial income | 75/76B | - | €9,034 | +€9,034 | |
| Recurring financial income | 75 | - | €9,034 | +€9,034 | |
| Financial charges | 65/66B | €89,318 | €89,322 | +€4 | 0.0% |
| Recurring financial charges | 65 | €89,318 | €89,322 | +€4 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€190,583 | -€178,936 | +€11,647 | +6.1% |
| Profit (loss) for the period | 9904 | -€190,583 | -€178,936 | +€11,647 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€190,583 | -€178,936 | +€11,647 | +6.1% |
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 8 October 2026 via checked.be.