THRIBE BRANDS: 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.
THRIBE BRANDS
Largest movements
- Stocks and contracts +€5.1m
up €5.1m (+147%), from €3.5m to €8.6m
- Cash +€2.1m
up €2.1m (+574%), from €364,426 to €2.5m
mainly Trade debts (+€10.4m) and Depreciation (+€167,618)
- Receivables within one year +€1.2m
up €1.2m (+94.5%), from €1.3m to €2.4m
of which Other amounts receivable: +€770,260
- Intangible fixed assets -€141,821
down €141,821 (-41.3%), from €343,391 to €201,569
- Trade debts +€10.4m
up €10.4m (+1,001%), from €1.0m to €11.5m
- Other debts -€1.9m
down €1.9m (-99.8%), from €1.9m to €4,000
- Tax, wage and social debts -€396,318
down €396,318 (-66.1%), from €599,913 to €203,595
- Gross operating margin -€5.3m
down €5.3m (-96.0%), from €5.5m to €219,198
- Write-downs -€2.1m
no longer reported in 2025 (was €2.1m)
- Taxes -€785,586
down €785,586, from €706,640 to -€78,946
- Financial charges -€359,675
down €359,675 (-89.2%), from €403,243 to €43,568
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 | €5,429,489 | €13,650,397 | +€8.2m | +151% |
| Fixed assets | 21/28 | €343,391 | €201,569 | -€141,821 | -41.3% |
| Intangible fixed assets | 21 | €343,391 | €201,569 | -€141,821 | -41.3% |
| Current assets | 29/58 | €5,086,099 | €13,448,828 | +€8.4m | +164% |
| Stocks and contracts in progress | 3 | €3,467,382 | €8,553,210 | +€5.1m | +147% |
| Stocks | 30/36 | €3,467,382 | €8,553,210 | +€5.1m | +147% |
| Amounts receivable within one year | 40/41 | €1,254,290 | €2,440,190 | +€1.2m | +94.5% |
| Trade receivables | 40 | €1,231,620 | €1,647,260 | +€415,640 | +33.7% |
| Other amounts receivable | 41 | €22,670 | €792,930 | +€770,260 | +3,398% |
| Cash at bank and in hand | 54/58 | €364,426 | €2,455,428 | +€2.1m | +574% |
| Total equity and liabilities | 10/49 | €5,429,489 | €13,650,397 | +€8.2m | +151% |
| Equity | 10/15 | €1,847,752 | €1,953,897 | +€106,144 | +5.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,837,752 | €1,943,897 | +€106,144 | +5.8% |
| Distributable reserves | 133 | €1,837,752 | €1,943,897 | +€106,144 | +5.8% |
| Amounts payable | 17/49 | €3,581,737 | €11,696,501 | +€8.1m | +227% |
| Amounts payable within one year | 42/48 | €3,581,737 | €11,694,793 | +€8.1m | +227% |
| Trade debts | 44 | €1,043,276 | €11,487,198 | +€10.4m | +1,001% |
| Suppliers | 440/4 | €1,043,276 | €11,487,198 | +€10.4m | +1,001% |
| Taxes, remuneration and social security | 45 | €599,913 | €203,595 | -€396,318 | -66.1% |
| Taxes | 450/3 | €599,913 | €203,595 | -€396,318 | -66.1% |
| Other amounts payable | 47/48 | €1,938,549 | €4,000 | -€1.9m | -99.8% |
| Accrued charges and deferred income | 492/3 | - | €1,707 | +€1,707 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,147 | €167,618 | +€29,471 | +21.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,136,193 | - | -€2.1m | |
| Other operating charges | 640/8 | €13,705 | €620 | -€13,086 | -95.5% |
| Gross operating margin | 9900 | €5,482,280 | €219,198 | -€5.3m | -96.0% |
| Operating profit (loss) | 9901 | €3,194,234 | €50,960 | -€3.1m | -98.4% |
| Financial income | 75/76B | €6,849 | €19,806 | +€12,957 | +189% |
| Recurring financial income | 75 | €6,849 | €19,806 | +€12,957 | +189% |
| Financial charges | 65/66B | €403,243 | €43,568 | -€359,675 | -89.2% |
| Recurring financial charges | 65 | €403,243 | €43,568 | -€359,675 | -89.2% |
| Profit (loss) for the period before taxes | 9903 | €2,797,840 | €27,198 | -€2.8m | -99.0% |
| Income taxes | 67/77 | €706,640 | -€78,946 | -€785,586 | |
| Profit (loss) for the period | 9904 | €2,091,200 | €106,144 | -€2.0m | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,091,200 | €106,144 | -€2.0m | -94.9% |
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 13 October 2026 via checked.be.