THRIVE CONSULTING: 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.
THRIVE CONSULTING
Largest movements
- Cash +€71,614
up €71,614 (+231.2%), from €30,976 to €102,589
mainly Net result for the year (+€49,965) and Other debts (+€40,849)
- Tangible fixed assets -€9,174
down €9,174 (-12.7%), from €71,973 to €62,799
of which Land and buildings: -€4,907
- Receivables within one year +€2,726
up €2,726 (+8.6%), from €31,716 to €34,442
of which Trade receivables: +€3,140
- Other debts +€40,849
up €40,849 (+38.8%), from €105,219 to €146,068
- Debts after one year +€16,122
new in 2025: €16,122
- Current portion of long-term debt +€7,351
new in 2025: €7,351
- Tax, wage and social debts +€6,599
up €6,599 (+152.1%), from €4,339 to €10,938
- Trade debts -€3,849
down €3,849 (-77.1%), from €4,992 to €1,144
- Depreciation +€7,662
up €7,662 (+220.6%), from €3,474 to €11,136
- Gross operating margin +€2,753
up €2,753 (+3.7%), from €74,240 to €76,993
- Taxes -€1,766
down €1,766 (-12.2%), from €14,429 to €12,663
- Financial charges +€1,717
up €1,717 (+170.2%), from €1,008 to €2,725
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.
Cash bridge derived
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 | €135,057 | €200,243 | +€65,186 | +48.3% |
| Fixed assets | 21/28 | €71,973 | €62,799 | -€9,174 | -12.7% |
| Tangible fixed assets | 22/27 | €71,973 | €62,799 | -€9,174 | -12.7% |
| Land and buildings | 22 | €48,806 | €43,899 | -€4,907 | -10.1% |
| Furniture and vehicles | 24 | €12,188 | €10,150 | -€2,039 | -16.7% |
| Other tangible fixed assets | 26 | €10,979 | €8,750 | -€2,229 | -20.3% |
| Current assets | 29/58 | €63,084 | €137,444 | +€74,360 | +117.9% |
| Amounts receivable within one year | 40/41 | €31,716 | €34,442 | +€2,726 | +8.6% |
| Trade receivables | 40 | €27,776 | €30,916 | +€3,140 | +11.3% |
| Other amounts receivable | 41 | €3,941 | €3,527 | -€414 | -10.5% |
| Cash at bank and in hand | 54/58 | €30,976 | €102,589 | +€71,614 | +231.2% |
| Deferred charges and accrued income | 490/1 | €392 | €412 | +€21 | +5.2% |
| Total equity and liabilities | 10/49 | €135,057 | €200,243 | +€65,186 | +48.3% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €116,457 | €181,643 | +€65,186 | +56.0% |
| Amounts payable after more than one year | 17 | - | €16,122 | +€16,122 | |
| Financial debts | 170/4 | - | €16,122 | +€16,122 | |
| Amounts payable within one year | 42/48 | €116,457 | €165,521 | +€49,064 | +42.1% |
| Current portion of amounts payable after more than one year | 42 | - | €7,351 | +€7,351 | |
| Financial debts | 43 | €1,907 | €21 | -€1,886 | -98.9% |
| Other loans | 439 | €1,907 | €21 | -€1,886 | -98.9% |
| Trade debts | 44 | €4,992 | €1,144 | -€3,849 | -77.1% |
| Suppliers | 440/4 | €4,992 | €1,144 | -€3,849 | -77.1% |
| Taxes, remuneration and social security | 45 | €4,339 | €10,938 | +€6,599 | +152.1% |
| Taxes | 450/3 | €4,339 | €10,938 | +€6,599 | +152.1% |
| Other amounts payable | 47/48 | €105,219 | €146,068 | +€40,849 | +38.8% |
| Non-recurring operating income | 76A | - | €12,501 | +€12,501 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,474 | €11,136 | +€7,662 | +220.6% |
| Other operating charges | 640/8 | €650 | €512 | -€138 | -21.2% |
| Gross operating margin | 9900 | €74,240 | €76,993 | +€2,753 | +3.7% |
| Operating profit (loss) | 9901 | €70,116 | €65,345 | -€4,771 | -6.8% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,008 | €2,725 | +€1,717 | +170.2% |
| Recurring financial charges | 65 | €1,008 | €2,725 | +€1,717 | +170.2% |
| Profit (loss) for the period before taxes | 9903 | €69,107 | €62,628 | -€6,479 | -9.4% |
| Income taxes | 67/77 | €14,429 | €12,663 | -€1,766 | -12.2% |
| Profit (loss) for the period | 9904 | €54,678 | €49,965 | -€4,712 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,678 | €49,965 | -€4,712 | -8.6% |
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 10 October 2026 via checked.be.