THRU Impact: 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.
THRU Impact
Largest movements
- Cash +€25,207
up €25,207 (+125.4%), from €20,109 to €45,316
mainly Net result for the year (+€26,150) and Receivables within one year (+€4,520)
- Receivables within one year -€4,520
down €4,520 (-18.5%), from €24,480 to €19,960
- Tangible fixed assets +€1,213
up €1,213 (+116.9%), from €1,037 to €2,250
- Profit (loss) carried forward +€26,150
up €26,150, from -€20,347 to €5,803
- Other debts -€3,247
down €3,247 (-19.2%), from €16,949 to €13,702
- Tax, wage and social debts -€1,085
down €1,085 (-10.3%), from €10,533 to €9,448
of which Taxes: -€1,065
- Gross operating margin +€9,204
up €9,204 (+56.2%), from €16,380 to €25,583
- Taxes -€3,000
down €3,000, from €1,500 to -€1,500
- Other operating charges -€1,283
down €1,283 (-79.1%), from €1,622 to €339
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,126 | €68,387 | +€22,261 | +48.3% |
| Fixed assets | 21/28 | €1,537 | €2,750 | +€1,213 | +78.9% |
| Tangible fixed assets | 22/27 | €1,037 | €2,250 | +€1,213 | +116.9% |
| Furniture and vehicles | 24 | €1,037 | €2,250 | +€1,213 | +116.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €44,589 | €65,637 | +€21,048 | +47.2% |
| Amounts receivable within one year | 40/41 | €24,480 | €19,960 | -€4,520 | -18.5% |
| Trade receivables | 40 | €24,480 | €19,960 | -€4,520 | -18.5% |
| Cash at bank and in hand | 54/58 | €20,109 | €45,316 | +€25,207 | +125.4% |
| Deferred charges and accrued income | 490/1 | - | €360 | +€360 | |
| Total equity and liabilities | 10/49 | €46,126 | €68,387 | +€22,261 | +48.3% |
| Equity | 10/15 | €18,104 | €44,254 | +€26,150 | +144.4% |
| Contributions | 10/11 | €36,592 | €36,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,347 | €5,803 | +€26,150 | |
| Amounts payable | 17/49 | €28,021 | €24,133 | -€3,888 | -13.9% |
| Amounts payable within one year | 42/48 | €28,021 | €24,133 | -€3,888 | -13.9% |
| Trade debts | 44 | €540 | €983 | +€444 | +82.2% |
| Suppliers | 440/4 | €540 | €983 | +€444 | +82.2% |
| Taxes, remuneration and social security | 45 | €10,533 | €9,448 | -€1,085 | -10.3% |
| Taxes | 450/3 | €10,341 | €9,276 | -€1,065 | -10.3% |
| Remuneration and social security | 454/9 | €192 | €171 | -€21 | -10.8% |
| Other amounts payable | 47/48 | €16,949 | €13,702 | -€3,247 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310 | €517 | +€207 | +66.7% |
| Other operating charges | 640/8 | €1,622 | €339 | -€1,283 | -79.1% |
| Gross operating margin | 9900 | €16,380 | €25,583 | +€9,204 | +56.2% |
| Operating profit (loss) | 9901 | €14,448 | €24,728 | +€10,280 | +71.1% |
| Financial income | 75/76B | €39 | €48 | +€9 | +24.3% |
| Recurring financial income | 75 | €39 | €48 | +€9 | +24.3% |
| Financial charges | 65/66B | €153 | €126 | -€27 | -17.5% |
| Recurring financial charges | 65 | €153 | €126 | -€27 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €14,334 | €24,650 | +€10,316 | +72.0% |
| Income taxes | 67/77 | €1,500 | -€1,500 | -€3,000 | |
| Profit (loss) for the period | 9904 | €12,834 | €26,150 | +€13,316 | +103.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,834 | €26,150 | +€13,316 | +103.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.