THRASH LIFE: 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.
THRASH LIFE
Largest movements
- Receivables within one year +€1,447
new in 2025: €1,447
of which Other amounts receivable: +€1,000
- Cash +€1,359
up €1,359 (+22.4%), from €6,065 to €7,424
mainly Current portion of long-term debt (+€25,000) and Other debts (+€3,171)
- Stocks and contracts +€840
up €840 (+1.2%), from €72,935 to €73,775
- Debts after one year -€25,000
no longer reported in 2025 (was €25,000)
- Current portion of long-term debt +€25,000
new in 2025: €25,000
- Other debts +€3,171
up €3,171 (+153%), from €2,073 to €5,244
- Reserves +€2,127
up €2,127 (+14.4%), from €14,741 to €16,868
- Trade debts -€1,440
down €1,440 (-12.2%), from €11,820 to €10,380
- Gross operating margin -€4,165
down €4,165 (-36.4%), from €11,454 to €7,290
- Financial income +€484
up €484 (+1,824%), from €27 to €511
- Financial charges +€419
up €419 (+70.3%), from €596 to €1,015
- Taxes -€411
down €411 (-22.2%), from €1,850 to €1,439
- Other operating charges +€263
up €263 (+8.9%), from €2,956 to €3,219
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 | €78,999 | €82,645 | +€3,646 | +4.6% |
| Current assets | 29/58 | €78,999 | €82,645 | +€3,646 | +4.6% |
| Stocks and contracts in progress | 3 | €72,935 | €73,775 | +€840 | +1.2% |
| Stocks | 30/36 | €72,935 | €73,775 | +€840 | +1.2% |
| Amounts receivable within one year | 40/41 | - | €1,447 | +€1,447 | |
| Trade receivables | 40 | - | €447 | +€447 | |
| Other amounts receivable | 41 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €6,065 | €7,424 | +€1,359 | +22.4% |
| Total equity and liabilities | 10/49 | €78,999 | €82,645 | +€3,646 | +4.6% |
| Equity | 10/15 | €27,141 | €29,268 | +€2,127 | +7.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,741 | €16,868 | +€2,127 | +14.4% |
| Distributable reserves | 133 | €14,741 | €16,868 | +€2,127 | +14.4% |
| Amounts payable | 17/49 | €51,859 | €53,377 | +€1,519 | +2.9% |
| Amounts payable after more than one year | 17 | €25,000 | - | -€25,000 | |
| Financial debts | 170/4 | €25,000 | - | -€25,000 | |
| Amounts payable within one year | 42/48 | €24,040 | €50,478 | +€26,438 | +110% |
| Current portion of amounts payable after more than one year | 42 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €11,820 | €10,380 | -€1,440 | -12.2% |
| Suppliers | 440/4 | €11,820 | €10,380 | -€1,440 | -12.2% |
| Taxes, remuneration and social security | 45 | €10,147 | €9,853 | -€294 | -2.9% |
| Taxes | 450/3 | €10,147 | €9,853 | -€294 | -2.9% |
| Other amounts payable | 47/48 | €2,073 | €5,244 | +€3,171 | +153% |
| Accrued charges and deferred income | 492/3 | €2,819 | €2,900 | +€81 | +2.9% |
| Other operating charges | 640/8 | €2,956 | €3,219 | +€263 | +8.9% |
| Gross operating margin | 9900 | €11,454 | €7,290 | -€4,165 | -36.4% |
| Operating profit (loss) | 9901 | €8,498 | €4,070 | -€4,428 | -52.1% |
| Financial income | 75/76B | €27 | €511 | +€484 | +1,824% |
| Recurring financial income | 75 | €27 | €511 | +€484 | +1,824% |
| Financial charges | 65/66B | €596 | €1,015 | +€419 | +70.3% |
| Recurring financial charges | 65 | €596 | €1,015 | +€419 | +70.3% |
| Profit (loss) for the period before taxes | 9903 | €7,929 | €3,566 | -€4,362 | -55.0% |
| Income taxes | 67/77 | €1,850 | €1,439 | -€411 | -22.2% |
| Profit (loss) for the period | 9904 | €6,079 | €2,127 | -€3,951 | -65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,079 | €2,127 | -€3,951 | -65.0% |
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 24 October 2026 via checked.be.