THT SERVICES: 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.
THT SERVICES
Largest movements
- Cash +€25,942
up €25,942 (+1882.9%), from €1,378 to €27,320
mainly Net result for the year (+€21,101) and Depreciation (+€20,555)
- Tangible fixed assets -€18,890
down €18,890 (-55.2%), from €34,245 to €15,355
- Receivables within one year +€1,609
up €1,609 (+3.3%), from €48,800 to €50,409
of which Trade receivables: +€2,619
- Reserves +€21,101
up €21,101 (+71.1%), from €29,671 to €50,772
of which Distributable reserves: +€21,101
- Current portion of long-term debt -€13,635
no longer reported in 2025 (was €13,635)
- Gross operating margin +€20,198
up €20,198 (+30.1%), from €67,043 to €87,241
- Taxes +€5,095
up €5,095 (+87.1%), from €5,850 to €10,944
- Staff costs +€2,668
up €2,668 (+8.3%), from €32,321 to €34,989
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 | €86,794 | €94,990 | +€8,196 | +9.4% |
| Fixed assets | 21/28 | €34,608 | €15,718 | -€18,890 | -54.6% |
| Tangible fixed assets | 22/27 | €34,245 | €15,355 | -€18,890 | -55.2% |
| Furniture and vehicles | 24 | €34,245 | €15,355 | -€18,890 | -55.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €52,185 | €79,272 | +€27,087 | +51.9% |
| Amounts receivable within one year | 40/41 | €48,800 | €50,409 | +€1,609 | +3.3% |
| Trade receivables | 40 | €16,582 | €19,200 | +€2,619 | +15.8% |
| Other amounts receivable | 41 | €32,219 | €31,209 | -€1,010 | -3.1% |
| Cash at bank and in hand | 54/58 | €1,378 | €27,320 | +€25,942 | +1882.9% |
| Deferred charges and accrued income | 490/1 | €2,007 | €1,543 | -€464 | -23.1% |
| Total equity and liabilities | 10/49 | €86,794 | €94,990 | +€8,196 | +9.4% |
| Equity | 10/15 | €56,515 | €77,616 | +€21,101 | +37.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,671 | €50,772 | +€21,101 | +71.1% |
| Tax-exempt reserves | 132 | €13,311 | €13,311 | = | 0.0% |
| Distributable reserves | 133 | €16,360 | €37,461 | +€21,101 | +129.0% |
| Profit (loss) carried forward | 14 | €20,644 | €20,644 | = | 0.0% |
| Amounts payable | 17/49 | €30,278 | €17,374 | -€12,904 | -42.6% |
| Amounts payable within one year | 42/48 | €30,278 | €17,374 | -€12,904 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €13,635 | - | -€13,635 | |
| Trade debts | 44 | €4,794 | €5,011 | +€217 | +4.5% |
| Suppliers | 440/4 | €4,794 | €5,011 | +€217 | +4.5% |
| Taxes, remuneration and social security | 45 | €11,850 | €12,363 | +€513 | +4.3% |
| Taxes | 450/3 | €11,850 | €12,363 | +€513 | +4.3% |
| Remuneration, social security and pensions | 62 | €32,321 | €34,989 | +€2,668 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,137 | €20,555 | +€418 | +2.1% |
| Other operating charges | 640/8 | €652 | €933 | +€282 | +43.3% |
| Gross operating margin | 9900 | €67,043 | €87,241 | +€20,198 | +30.1% |
| Operating profit (loss) | 9901 | €13,933 | €30,763 | +€16,830 | +120.8% |
| Financial income | 75/76B | €1,865 | €1,502 | -€363 | -19.5% |
| Recurring financial income | 75 | €1,865 | €1,502 | -€363 | -19.5% |
| Financial charges | 65/66B | €448 | €220 | -€228 | -50.8% |
| Recurring financial charges | 65 | €448 | €220 | -€228 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €15,350 | €32,045 | +€16,695 | +108.8% |
| Income taxes | 67/77 | €5,850 | €10,944 | +€5,095 | +87.1% |
| Profit (loss) for the period | 9904 | €9,500 | €21,101 | +€11,600 | +122.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,500 | €21,101 | +€11,600 | +122.1% |
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 30 September 2026 via checked.be.