THPF CONSULT: 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.
THPF CONSULT
Largest movements
- Receivables within one year +€3,024
up €3,024 (+6.1%), from €49,396 to €52,420
of which Trade receivables: +€12,725
- Cash +€1,534
up €1,534 (+435%), from €353 to €1,887
mainly Net result for the year (+€7,683) and Trade debts (+€640)
- Profit (loss) carried forward +€7,683
up €7,683 (+31.0%), from €24,794 to €32,477
- Tax, wage and social debts -€3,736
down €3,736 (-14.7%), from €25,363 to €21,627
- Trade debts +€640
up €640 (+28.5%), from €2,248 to €2,888
- Gross operating margin +€4,577
up €4,577 (+30.7%), from €14,885 to €19,462
- Other operating charges +€2,797
up €2,797 (+652%), from €429 to €3,226
- Taxes +€1,636
up €1,636 (+35.0%), from €4,679 to €6,315
- Financial charges -€812
down €812 (-26.6%), from €3,053 to €2,241
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.
Derived cash bridge
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 | €53,404 | €57,992 | +€4,587 | +8.6% |
| Fixed assets | 21/28 | €2,550 | €2,550 | = | 0.0% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €50,854 | €55,442 | +€4,587 | +9.0% |
| Amounts receivable within one year | 40/41 | €49,396 | €52,420 | +€3,024 | +6.1% |
| Trade receivables | 40 | €36,439 | €49,165 | +€12,725 | +34.9% |
| Other amounts receivable | 41 | €12,956 | €3,255 | -€9,701 | -74.9% |
| Cash at bank and in hand | 54/58 | €353 | €1,887 | +€1,534 | +435% |
| Deferred charges and accrued income | 490/1 | €1,106 | €1,135 | +€29 | +2.6% |
| Total equity and liabilities | 10/49 | €53,404 | €57,992 | +€4,587 | +8.6% |
| Equity | 10/15 | €25,794 | €33,477 | +€7,683 | +29.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,794 | €32,477 | +€7,683 | +31.0% |
| Amounts payable | 17/49 | €27,610 | €24,515 | -€3,096 | -11.2% |
| Amounts payable within one year | 42/48 | €27,610 | €24,515 | -€3,096 | -11.2% |
| Trade debts | 44 | €2,248 | €2,888 | +€640 | +28.5% |
| Suppliers | 440/4 | €2,248 | €2,888 | +€640 | +28.5% |
| Taxes, remuneration and social security | 45 | €25,363 | €21,627 | -€3,736 | -14.7% |
| Taxes | 450/3 | €25,363 | €21,627 | -€3,736 | -14.7% |
| Other operating charges | 640/8 | €429 | €3,226 | +€2,797 | +652% |
| Gross operating margin | 9900 | €14,885 | €19,462 | +€4,577 | +30.7% |
| Operating profit (loss) | 9901 | €14,456 | €16,235 | +€1,779 | +12.3% |
| Financial income | 75/76B | €2 | €4 | +€2 | +95.6% |
| Recurring financial income | 75 | €2 | €4 | +€2 | +95.6% |
| Financial charges | 65/66B | €3,053 | €2,241 | -€812 | -26.6% |
| Recurring financial charges | 65 | €3,053 | €2,241 | -€812 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €11,405 | €13,998 | +€2,593 | +22.7% |
| Income taxes | 67/77 | €4,679 | €6,315 | +€1,636 | +35.0% |
| Profit (loss) for the period | 9904 | €6,726 | €7,683 | +€957 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,726 | €7,683 | +€957 | +14.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.