Thrust Wijnegem: 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.
Thrust Wijnegem
Largest movements
- Tangible fixed assets +€38,251
up €38,251 (+16.1%), from €238,165 to €276,416
of which Other tangible fixed assets: +€48,790
- Cash +€12,019
up €12,019 (+27.4%), from €43,849 to €55,869
- Other debts +€78,404
up €78,404 (+211.7%), from €37,034 to €115,439
- Debts after one year -€18,028
down €18,028 (-10.4%), from €173,089 to €155,062
- Trade debts -€9,971
down €9,971 (-73.8%), from €13,515 to €3,544
- Gross operating margin +€13,826
up €13,826 (+107.8%), from €12,827 to €26,653
- Depreciation +€10,727
up €10,727 (+121.5%), from €8,828 to €19,556
- Financial charges +€2,978
up €2,978 (+74.5%), from €3,999 to €6,977
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €291,564 | €342,072 | +€50,508 | +17.3% |
| Fixed assets | 21/28 | €246,838 | €285,089 | +€38,251 | +15.5% |
| Tangible fixed assets | 22/27 | €238,165 | €276,416 | +€38,251 | +16.1% |
| Plant, machinery and equipment | 23 | €80,240 | €69,701 | -€10,539 | -13.1% |
| Other tangible fixed assets | 26 | €157,925 | €206,715 | +€48,790 | +30.9% |
| Financial fixed assets | 28 | €8,674 | €8,674 | = | 0.0% |
| Current assets | 29/58 | €44,726 | €56,983 | +€12,257 | +27.4% |
| Amounts receivable within one year | 40/41 | €77 | €0 | -€77 | -100.0% |
| Trade receivables | 40 | €77 | €0 | -€77 | -100.0% |
| Cash at bank and in hand | 54/58 | €43,849 | €55,869 | +€12,019 | +27.4% |
| Deferred charges and accrued income | 490/1 | €800 | €1,114 | +€314 | +39.3% |
| Total equity and liabilities | 10/49 | €291,564 | €342,072 | +€50,508 | +17.3% |
| Equity | 10/15 | €50,000 | €50,000 | = | 0.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €241,564 | €292,072 | +€50,508 | +20.9% |
| Amounts payable after more than one year | 17 | €173,089 | €155,062 | -€18,028 | -10.4% |
| Financial debts | 170/4 | €173,089 | €155,062 | -€18,028 | -10.4% |
| Amounts payable within one year | 42/48 | €67,975 | €137,010 | +€69,035 | +101.6% |
| Current portion of amounts payable after more than one year | 42 | €17,425 | €18,028 | +€603 | +3.5% |
| Trade debts | 44 | €13,515 | €3,544 | -€9,971 | -73.8% |
| Suppliers | 440/4 | €13,515 | €3,544 | -€9,971 | -73.8% |
| Other amounts payable | 47/48 | €37,034 | €115,439 | +€78,404 | +211.7% |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,828 | €19,556 | +€10,727 | +121.5% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €12,827 | €26,653 | +€13,826 | +107.8% |
| Operating profit (loss) | 9901 | €3,999 | €6,977 | +€2,978 | +74.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €3,999 | €6,977 | +€2,978 | +74.5% |
| Recurring financial charges | 65 | €3,999 | €6,977 | +€2,978 | +74.5% |
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 7 October 2026 via checked.be.