THOST: 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.
THOST
Largest movements
- Tangible fixed assets +€3.2m
up €3.2m (+282%), from €1.1m to €4.3m
- Receivables within one year -€231,581
down €231,581 (-56.8%), from €407,702 to €176,121
- Debts after one year +€3.1m
up €3.1m (+410%), from €748,813 to €3.8m
- Profit (loss) carried forward -€141,516
down €141,516 (-357%), from -€39,618 to -€181,134
- Current portion of long-term debt +€131,481
up €131,481 (+514%), from €25,585 to €157,066
- Trade debts -€97,146
down €97,146 (-43.2%), from €224,910 to €127,763
- Depreciation +€85,842
up €85,842 (+4,368%), from €1,965 to €87,807
- Gross operating margin +€66,083
up €66,083, from -€12,871 to €53,212
- Financial charges +€60,156
up €60,156 (+99.3%), from €60,556 to €120,712
- Financial income -€19,283
down €19,283 (-52.5%), from €36,702 to €17,419
- Other operating charges +€2,699
up €2,699 (+291%), from €928 to €3,627
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.
Derived cash bridge
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 | €1,543,012 | €4,544,587 | +€3.0m | +195% |
| Fixed assets | 21/28 | €1,132,590 | €4,323,079 | +€3.2m | +282% |
| Tangible fixed assets | 22/27 | €1,132,590 | €4,323,079 | +€3.2m | +282% |
| Land and buildings | 22 | €1,132,590 | €4,323,079 | +€3.2m | +282% |
| Current assets | 29/58 | €410,422 | €221,508 | -€188,914 | -46.0% |
| Amounts receivable within one year | 40/41 | €407,702 | €176,121 | -€231,581 | -56.8% |
| Other amounts receivable | 41 | €407,702 | €176,121 | -€231,581 | -56.8% |
| Cash at bank and in hand | 54/58 | €2,720 | €45,388 | +€42,668 | +1,569% |
| Total equity and liabilities | 10/49 | €1,543,012 | €4,544,587 | +€3.0m | +195% |
| Equity | 10/15 | €460,382 | €318,866 | -€141,516 | -30.7% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,618 | -€181,134 | -€141,516 | -357% |
| Amounts payable | 17/49 | €1,082,630 | €4,225,721 | +€3.1m | +290% |
| Amounts payable after more than one year | 17 | €748,813 | €3,817,350 | +€3.1m | +410% |
| Financial debts | 170/4 | €748,813 | €3,817,350 | +€3.1m | +410% |
| Amounts payable within one year | 42/48 | €317,614 | €353,848 | +€36,235 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €25,585 | €157,066 | +€131,481 | +514% |
| Trade debts | 44 | €224,910 | €127,763 | -€97,146 | -43.2% |
| Suppliers | 440/4 | €224,910 | €127,763 | -€97,146 | -43.2% |
| Taxes, remuneration and social security | 45 | €22,343 | €8,119 | -€14,224 | -63.7% |
| Taxes | 450/3 | €22,343 | €8,119 | -€14,224 | -63.7% |
| Other amounts payable | 47/48 | €44,777 | €60,900 | +€16,123 | +36.0% |
| Accrued charges and deferred income | 492/3 | €16,203 | €54,523 | +€38,320 | +236% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,965 | €87,807 | +€85,842 | +4,368% |
| Other operating charges | 640/8 | €928 | €3,627 | +€2,699 | +291% |
| Gross operating margin | 9900 | -€12,871 | €53,212 | +€66,083 | |
| Operating profit (loss) | 9901 | -€15,764 | -€38,222 | -€22,459 | -142% |
| Financial income | 75/76B | €36,702 | €17,419 | -€19,283 | -52.5% |
| Recurring financial income | 75 | €36,702 | €17,419 | -€19,283 | -52.5% |
| Financial charges | 65/66B | €60,556 | €120,712 | +€60,156 | +99.3% |
| Recurring financial charges | 65 | €60,556 | €120,712 | +€60,156 | +99.3% |
| Profit (loss) for the period before taxes | 9903 | -€39,618 | -€141,516 | -€101,898 | -257% |
| Profit (loss) for the period | 9904 | -€39,618 | -€141,516 | -€101,898 | -257% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,618 | -€141,516 | -€101,898 | -257% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.