THRIBE FRANCHISING: 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 FRANCHISING
Largest movements
- Cash -€234,954
down €234,954 (-9.4%), from €2.5m to €2.3m
mainly Other debts (-€262,649) and Tax, wage and social debts (-€119,405)
- Receivables within one year -€99,694
down €99,694 (-17.7%), from €564,783 to €465,089
of which Trade receivables: -€107,197
- Other debts -€262,649
no longer reported in 2025 (was €262,649)
- Reserves +€133,817
up €133,817 (+5.1%), from €2.6m to €2.8m
of which Distributable reserves: +€133,817
- Tax, wage and social debts -€119,405
down €119,405 (-90.0%), from €132,680 to €13,275
of which Taxes: -€119,891
- Trade debts -€59,996
down €59,996 (-45.0%), from €133,363 to €73,367
- Gross operating margin -€3.0m
down €3.0m (-95.8%), from €3.1m to €129,634
- Taxes -€793,021
down €793,021, from €764,778 to -€28,243
- Staff costs -€40,277
down €40,277 (-47.3%), from €85,069 to €44,792
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 | €3,155,054 | €2,846,882 | -€308,172 | -9.8% |
| Fixed assets | 21/28 | €75,588 | €83,576 | +€7,989 | +10.6% |
| Intangible fixed assets | 21 | €19,758 | €14,873 | -€4,885 | -24.7% |
| Tangible fixed assets | 22/27 | €50,430 | €63,254 | +€12,824 | +25.4% |
| Plant, machinery and equipment | 23 | €18,023 | €11,542 | -€6,481 | -36.0% |
| Furniture and vehicles | 24 | €32,407 | €45,832 | +€13,425 | +41.4% |
| Other tangible fixed assets | 26 | - | €5,879 | +€5,879 | |
| Financial fixed assets | 28 | €5,400 | €5,449 | +€49 | +0.9% |
| Current assets | 29/58 | €3,079,466 | €2,763,306 | -€316,161 | -10.3% |
| Stocks and contracts in progress | 3 | €18,469 | €31,625 | +€13,156 | +71.2% |
| Stocks | 30/36 | €18,469 | €31,625 | +€13,156 | +71.2% |
| Amounts receivable within one year | 40/41 | €564,783 | €465,089 | -€99,694 | -17.7% |
| Trade receivables | 40 | €409,120 | €301,923 | -€107,197 | -26.2% |
| Other amounts receivable | 41 | €155,663 | €163,166 | +€7,503 | +4.8% |
| Cash at bank and in hand | 54/58 | €2,493,053 | €2,258,100 | -€234,954 | -9.4% |
| Deferred charges and accrued income | 490/1 | €3,161 | €8,492 | +€5,331 | +169% |
| Total equity and liabilities | 10/49 | €3,155,054 | €2,846,882 | -€308,172 | -9.8% |
| Equity | 10/15 | €2,626,362 | €2,760,179 | +€133,817 | +5.1% |
| Contributions | 10/11 | €8,087 | €8,087 | = | 0.0% |
| Reserves | 13 | €2,618,275 | €2,752,092 | +€133,817 | +5.1% |
| Tax-exempt reserves | 132 | €589,400 | €589,400 | = | 0.0% |
| Distributable reserves | 133 | €2,028,875 | €2,162,692 | +€133,817 | +6.6% |
| Amounts payable | 17/49 | €528,692 | €86,703 | -€441,988 | -83.6% |
| Amounts payable within one year | 42/48 | €528,692 | €86,643 | -€442,049 | -83.6% |
| Trade debts | 44 | €133,363 | €73,367 | -€59,996 | -45.0% |
| Suppliers | 440/4 | €133,363 | €73,367 | -€59,996 | -45.0% |
| Taxes, remuneration and social security | 45 | €132,680 | €13,275 | -€119,405 | -90.0% |
| Taxes | 450/3 | €127,098 | €7,207 | -€119,891 | -94.3% |
| Remuneration and social security | 454/9 | €5,582 | €6,068 | +€486 | +8.7% |
| Other amounts payable | 47/48 | €262,649 | - | -€262,649 | |
| Accrued charges and deferred income | 492/3 | - | €61 | +€61 | |
| Remuneration, social security and pensions | 62 | €85,069 | €44,792 | -€40,277 | -47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,328 | €26,569 | +€2,241 | +9.2% |
| Other operating charges | 640/8 | €28,582 | €27,242 | -€1,340 | -4.7% |
| Gross operating margin | 9900 | €3,111,661 | €129,634 | -€3.0m | -95.8% |
| Operating profit (loss) | 9901 | €2,973,683 | €31,031 | -€2.9m | -99.0% |
| Financial income | 75/76B | €84,596 | €74,884 | -€9,713 | -11.5% |
| Recurring financial income | 75 | €79,613 | €64,024 | -€15,590 | -19.6% |
| Non-recurring financial income | 76B | €4,983 | €10,860 | +€5,877 | +118% |
| Financial charges | 65/66B | €2,708 | €341 | -€2,367 | -87.4% |
| Recurring financial charges | 65 | €2,708 | €341 | -€2,367 | -87.4% |
| Profit (loss) for the period before taxes | 9903 | €3,055,571 | €105,573 | -€2.9m | -96.5% |
| Income taxes | 67/77 | €764,778 | -€28,243 | -€793,021 | |
| Profit (loss) for the period | 9904 | €2,290,793 | €133,817 | -€2.2m | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,290,793 | €133,817 | -€2.2m | -94.2% |
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 30 October 2026 via checked.be.