thoveto: 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.
thoveto
Largest movements
- Current assets +€237,906
up €237,906 (+2,275%), from €10,456 to €248,362
of which Cash: +€236,653
- Tangible fixed assets +€118,646
up €118,646 (+19.9%), from €597,037 to €715,683
- Equity +€526,095
up €526,095 (+188%), from €279,566 to €805,661
of which Reserves: +€635,882
- Debts within one year -€234,044
down €234,044 (-46.1%), from €507,634 to €273,589
- Debts after one year +€64,501
up €64,501 (+24.7%), from €261,319 to €325,820
- Gross operating margin +€178,961
up €178,961 (+234%), from €76,508 to €255,469
- Taxes +€58,680
up €58,680 (+12,651%), from €464 to €59,144
- Depreciation -€9,677
down €9,677 (-12.5%), from €77,353 to €67,676
From the 2013 result to the 2014 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2013 | 2014 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,048,519 | €1,405,071 | +€356,552 | +34.0% |
| Fixed assets | 21/28 | €1,038,063 | €1,156,709 | +€118,646 | +11.4% |
| Tangible fixed assets | 22/27 | €597,037 | €715,683 | +€118,646 | +19.9% |
| Financial fixed assets | 28 | €441,026 | €441,026 | = | 0.0% |
| Current assets | 29/58 | €10,456 | €248,362 | +€237,906 | +2,275% |
| Amounts receivable within one year | 40/41 | €100 | €3,045 | +€2,945 | +2,945% |
| Cash at bank and in hand | 54/58 | €4,710 | €241,364 | +€236,653 | +5,024% |
| Total equity and liabilities | 10/49 | €1,048,519 | €1,405,071 | +€356,552 | +34.0% |
| Equity | 10/15 | €279,566 | €805,661 | +€526,095 | +188% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €163,580 | €799,461 | +€635,882 | +389% |
| Profit (loss) carried forward | 14 | €109,786 | €135,814 | +€26,028 | +23.7% |
| Amounts payable | 17/49 | €768,953 | €599,410 | -€169,543 | -22.0% |
| Amounts payable after more than one year | 17 | €261,319 | €325,820 | +€64,501 | +24.7% |
| Amounts payable within one year | 42/48 | €507,634 | €273,589 | -€234,044 | -46.1% |
| Trade debts | 44 | €22,583 | €6,793 | -€15,790 | -69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,353 | €67,676 | -€9,677 | -12.5% |
| Gross operating margin | 9900 | €76,508 | €255,469 | +€178,961 | +234% |
| Operating profit (loss) | 9901 | -€4,008 | €184,638 | +€188,646 | |
| Recurring financial income | 75 | €60 | €430,027 | +€429,967 | +716,731% |
| Recurring financial charges | 65 | €23,667 | €29,426 | +€5,759 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,564 | €585,239 | +€610,803 | |
| Income taxes | 67/77 | €464 | €59,144 | +€58,680 | +12,651% |
| Profit (loss) for the period | 9904 | -€26,028 | €526,095 | +€552,123 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,028 | €526,095 | +€552,123 |
Source: filed annual accounts (NBB), financial years ended 30 September 2013 and 30 September 2014. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.