Thryve: 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.
Thryve
Largest movements
- Cash +€215,941
up €215,941 (+121%), from €178,092 to €394,033
mainly Net result for the year (+€136,579) and Tax, wage and social debts (+€112,771)
- Tangible fixed assets +€85,576
up €85,576 (+838%), from €10,209 to €95,786
of which Other tangible fixed assets: +€64,629
- Deferred charges and accrued income +€37,052
up €37,052 (+4,023%), from €921 to €37,973
- Financial fixed assets +€34,909
up €34,909 (+675%), from €5,170 to €40,079
- Receivables within one year +€20,495
up €20,495 (+16.4%), from €125,302 to €145,797
of which Trade receivables: +€19,754
- Reserves +€129,000
up €129,000 (+445%), from €29,000 to €158,000
- Tax, wage and social debts +€112,771
up €112,771 (+286%), from €39,375 to €152,145
of which Taxes: +€77,527
- Trade debts +€104,760
up €104,760 (+52.2%), from €200,764 to €305,524
- Other debts +€52,601
up €52,601 (+259%), from €20,329 to €72,929
- Accrued charges and deferred income +€11,098
new in 2025: €11,098
- Gross operating margin +€516,944
up €516,944 (+205%), from €252,243 to €769,187
- Staff costs +€358,379
up €358,379 (+173%), from €207,487 to €565,866
- Taxes +€34,493
up €34,493 (+372%), from €9,270 to €43,763
- Depreciation +€13,282
up €13,282 (+439%), from €3,022 to €16,305
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 | €319,694 | €730,003 | +€410,308 | +128% |
| Fixed assets | 21/28 | €15,379 | €152,200 | +€136,820 | +890% |
| Intangible fixed assets | 21 | - | €16,335 | +€16,335 | |
| Tangible fixed assets | 22/27 | €10,209 | €95,786 | +€85,576 | +838% |
| Plant, machinery and equipment | 23 | - | €14,936 | +€14,936 | |
| Furniture and vehicles | 24 | €10,209 | €16,221 | +€6,011 | +58.9% |
| Other tangible fixed assets | 26 | - | €64,629 | +€64,629 | |
| Financial fixed assets | 28 | €5,170 | €40,079 | +€34,909 | +675% |
| Current assets | 29/58 | €304,315 | €577,803 | +€273,488 | +89.9% |
| Amounts receivable within one year | 40/41 | €125,302 | €145,797 | +€20,495 | +16.4% |
| Trade receivables | 40 | €125,277 | €145,031 | +€19,754 | +15.8% |
| Other amounts receivable | 41 | €25 | €767 | +€742 | +2,947% |
| Cash at bank and in hand | 54/58 | €178,092 | €394,033 | +€215,941 | +121% |
| Deferred charges and accrued income | 490/1 | €921 | €37,973 | +€37,052 | +4,023% |
| Total equity and liabilities | 10/49 | €319,694 | €730,003 | +€410,308 | +128% |
| Equity | 10/15 | €59,227 | €188,307 | +€129,079 | +218% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €29,000 | €158,000 | +€129,000 | +445% |
| Distributable reserves | 133 | €29,000 | €158,000 | +€129,000 | +445% |
| Profit (loss) carried forward | 14 | €227 | €307 | +€79 | +34.9% |
| Amounts payable | 17/49 | €260,467 | €541,696 | +€281,229 | +108% |
| Amounts payable within one year | 42/48 | €260,467 | €530,598 | +€270,131 | +104% |
| Trade debts | 44 | €200,764 | €305,524 | +€104,760 | +52.2% |
| Suppliers | 440/4 | €200,764 | €305,524 | +€104,760 | +52.2% |
| Taxes, remuneration and social security | 45 | €39,375 | €152,145 | +€112,771 | +286% |
| Taxes | 450/3 | €12,911 | €90,439 | +€77,527 | +600% |
| Remuneration and social security | 454/9 | €26,463 | €61,707 | +€35,244 | +133% |
| Other amounts payable | 47/48 | €20,329 | €72,929 | +€52,601 | +259% |
| Accrued charges and deferred income | 492/3 | - | €11,098 | +€11,098 | |
| Remuneration, social security and pensions | 62 | €207,487 | €565,866 | +€358,379 | +173% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,022 | €16,305 | +€13,282 | +439% |
| Other operating charges | 640/8 | - | €240 | +€240 | |
| Gross operating margin | 9900 | €252,243 | €769,187 | +€516,944 | +205% |
| Operating profit (loss) | 9901 | €41,733 | €186,776 | +€145,042 | +348% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,236 | €6,433 | +€3,197 | +98.8% |
| Recurring financial charges | 65 | €3,236 | €6,433 | +€3,197 | +98.8% |
| Profit (loss) for the period before taxes | 9903 | €38,498 | €180,343 | +€141,845 | +368% |
| Income taxes | 67/77 | €9,270 | €43,763 | +€34,493 | +372% |
| Profit (loss) for the period | 9904 | €29,227 | €136,579 | +€107,352 | +367% |
| Profit (loss) for the period to be appropriated | 9905 | €29,227 | €136,579 | +€107,352 | +367% |
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 18 October 2026 via checked.be.