THRIVE ON IT: what changed
Two fiscal 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 ON IT
Largest movements
- Cash +€33,571
up €33,571 (+180.0%), from €18,653 to €52,224
mainly Net result for the year (+€26,048) and Tax, wage and social debts (+€7,095)
- Tangible fixed assets +€1,242
new in 2025: €1,242
- Reserves +€25,189
up €25,189 (+211.9%), from €11,890 to €37,079
- Tax, wage and social debts +€7,095
up €7,095 (+49.7%), from €14,282 to €21,377
of which Taxes: +€7,095
- Other debts +€3,014
up €3,014 (+287.1%), from €1,050 to €4,063
- Gross operating margin +€14,866
up €14,866 (+66.0%), from €22,509 to €37,375
- Taxes +€1,568
up €1,568 (+24.9%), from €6,293 to €7,861
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 | €32,023 | €67,313 | +€35,289 | +110.2% |
| Fixed assets | 21/28 | - | €1,242 | +€1,242 | |
| Tangible fixed assets | 22/27 | - | €1,242 | +€1,242 | |
| Furniture and vehicles | 24 | - | €1,242 | +€1,242 | |
| Current assets | 29/58 | €32,023 | €66,071 | +€34,047 | +106.3% |
| Amounts receivable within one year | 40/41 | €13,371 | €13,847 | +€477 | +3.6% |
| Trade receivables | 40 | €13,371 | €13,847 | +€477 | +3.6% |
| Cash at bank and in hand | 54/58 | €18,653 | €52,224 | +€33,571 | +180.0% |
| Total equity and liabilities | 10/49 | €32,023 | €67,313 | +€35,289 | +110.2% |
| Equity | 10/15 | €15,890 | €41,079 | +€25,189 | +158.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €11,890 | €37,079 | +€25,189 | +211.9% |
| Distributable reserves | 133 | €11,890 | €37,079 | +€25,189 | +211.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,134 | €26,234 | +€10,100 | +62.6% |
| Amounts payable within one year | 42/48 | €16,134 | €25,637 | +€9,503 | +58.9% |
| Trade debts | 44 | €801 | €196 | -€605 | -75.5% |
| Suppliers | 440/4 | €801 | €196 | -€605 | -75.5% |
| Taxes, remuneration and social security | 45 | €14,282 | €21,377 | +€7,095 | +49.7% |
| Taxes | 450/3 | €11,832 | €18,927 | +€7,095 | +60.0% |
| Remuneration and social security | 454/9 | €2,450 | €2,450 | = | 0.0% |
| Other amounts payable | 47/48 | €1,050 | €4,063 | +€3,014 | +287.1% |
| Accrued charges and deferred income | 492/3 | €0 | €597 | +€597 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €121 | +€121 | |
| Other operating charges | 640/8 | €1,253 | €1,163 | -€90 | -7.2% |
| Gross operating margin | 9900 | €22,509 | €37,375 | +€14,866 | +66.0% |
| Operating profit (loss) | 9901 | €21,256 | €36,091 | +€14,835 | +69.8% |
| Financial charges | 65/66B | €2,245 | €2,182 | -€63 | -2.8% |
| Recurring financial charges | 65 | €2,245 | €2,182 | -€63 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €19,011 | €33,909 | +€14,898 | +78.4% |
| Income taxes | 67/77 | €6,293 | €7,861 | +€1,568 | +24.9% |
| Profit (loss) for the period | 9904 | €12,718 | €26,048 | +€13,330 | +104.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,718 | €26,048 | +€13,330 | +104.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.