ThriconElektro: 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.
ThriconElektro
Largest movements
- Receivables within one year +€196,206
up €196,206 (+281%), from €69,916 to €266,122
of which Other amounts receivable: +€158,633
- Cash -€159,667
down €159,667 (-73.3%), from €217,747 to €58,080
mainly Receivables within one year (-€196,206) and Trade debts (-€47,575)
- Stocks and contracts -€20,132
down €20,132 (-28.0%), from €71,959 to €51,826
- Tangible fixed assets -€13,581
down €13,581 (-24.5%), from €55,449 to €41,868
of which Furniture and vehicles: -€12,710
- Reserves +€54,027
up €54,027 (+22.3%), from €241,776 to €295,803
- Trade debts -€47,575
down €47,575 (-58.7%), from €81,048 to €33,473
- Tax, wage and social debts +€11,629
up €11,629 (+42.4%), from €27,459 to €39,088
of which Taxes: +€8,863
- Current portion of long-term debt -€8,939
down €8,939 (-60.9%), from €14,682 to €5,743
- Debts after one year -€5,743
down €5,743 (-32.8%), from €17,506 to €11,763
- Gross operating margin -€10,590
down €10,590 (-7.0%), from €151,236 to €140,646
- Financial income +€8,212
up €8,212 (+2,193%), from €375 to €8,587
- Depreciation -€7,482
down €7,482 (-31.4%), from €23,842 to €16,361
- Staff costs +€3,826
up €3,826 (+7.1%), from €53,553 to €57,379
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 | €422,257 | €424,420 | +€2,163 | +0.5% |
| Fixed assets | 21/28 | €55,449 | €41,868 | -€13,581 | -24.5% |
| Tangible fixed assets | 22/27 | €55,449 | €41,868 | -€13,581 | -24.5% |
| Plant, machinery and equipment | 23 | €11,952 | €11,081 | -€870 | -7.3% |
| Furniture and vehicles | 24 | €43,497 | €30,787 | -€12,710 | -29.2% |
| Current assets | 29/58 | €366,809 | €382,552 | +€15,743 | +4.3% |
| Stocks and contracts in progress | 3 | €71,959 | €51,826 | -€20,132 | -28.0% |
| Stocks | 30/36 | €71,959 | €51,826 | -€20,132 | -28.0% |
| Amounts receivable within one year | 40/41 | €69,916 | €266,122 | +€196,206 | +281% |
| Trade receivables | 40 | €31,821 | €69,394 | +€37,573 | +118% |
| Other amounts receivable | 41 | €38,095 | €196,728 | +€158,633 | +416% |
| Cash at bank and in hand | 54/58 | €217,747 | €58,080 | -€159,667 | -73.3% |
| Deferred charges and accrued income | 490/1 | €7,186 | €6,524 | -€662 | -9.2% |
| Total equity and liabilities | 10/49 | €422,257 | €424,420 | +€2,163 | +0.5% |
| Equity | 10/15 | €279,276 | €333,303 | +€54,027 | +19.3% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €241,776 | €295,803 | +€54,027 | +22.3% |
| Distributable reserves | 133 | €241,776 | €295,803 | +€54,027 | +22.3% |
| Amounts payable | 17/49 | €142,981 | €91,117 | -€51,864 | -36.3% |
| Amounts payable after more than one year | 17 | €17,506 | €11,763 | -€5,743 | -32.8% |
| Financial debts | 170/4 | €17,506 | €11,763 | -€5,743 | -32.8% |
| Amounts payable within one year | 42/48 | €125,475 | €79,354 | -€46,121 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €14,682 | €5,743 | -€8,939 | -60.9% |
| Trade debts | 44 | €81,048 | €33,473 | -€47,575 | -58.7% |
| Suppliers | 440/4 | €81,048 | €33,473 | -€47,575 | -58.7% |
| Taxes, remuneration and social security | 45 | €27,459 | €39,088 | +€11,629 | +42.4% |
| Taxes | 450/3 | €21,703 | €30,567 | +€8,863 | +40.8% |
| Remuneration and social security | 454/9 | €5,755 | €8,521 | +€2,766 | +48.1% |
| Other amounts payable | 47/48 | €2,286 | €1,050 | -€1,236 | -54.1% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Non-recurring operating income | 76A | €18,123 | - | -€18,123 | |
| Remuneration, social security and pensions | 62 | €53,553 | €57,379 | +€3,826 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,842 | €16,361 | -€7,482 | -31.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €462 | - | -€462 | |
| Other operating charges | 640/8 | €1,224 | €1,191 | -€33 | -2.7% |
| Gross operating margin | 9900 | €151,236 | €140,646 | -€10,590 | -7.0% |
| Operating profit (loss) | 9901 | €72,154 | €65,715 | -€6,439 | -8.9% |
| Financial income | 75/76B | €375 | €8,587 | +€8,212 | +2,193% |
| Recurring financial income | 75 | €375 | €8,587 | +€8,212 | +2,193% |
| Financial charges | 65/66B | €3,798 | €5,222 | +€1,424 | +37.5% |
| Recurring financial charges | 65 | €3,798 | €5,222 | +€1,424 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €68,731 | €69,079 | +€349 | +0.5% |
| Income taxes | 67/77 | €14,480 | €15,052 | +€573 | +4.0% |
| Profit (loss) for the period | 9904 | €54,251 | €54,027 | -€224 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,251 | €54,027 | -€224 | -0.4% |
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 29 October 2026 via checked.be.