THUDELSTAS: 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.
THUDELSTAS
Largest movements
- Receivables within one year -€5,873
down €5,873 (-9.5%), from €61,815 to €55,942
of which Trade receivables: -€24,200
- Cash -€3,090
down €3,090 (-99.7%), from €3,098 to €8
mainly Tax, wage and social debts (-€5,328) and Other debts (-€3,647)
- Tax, wage and social debts -€5,328
down €5,328 (-95.0%), from €5,608 to €280
- Other debts -€3,647
down €3,647 (-14.4%), from €25,414 to €21,767
- Trade debts -€1,000
down €1,000 (-23.0%), from €4,344 to €3,344
- Gross operating margin +€2,678
up €2,678, from -€1,403 to €1,275
- Financial charges +€431
up €431 (+19756.9%), from €2 to €433
of which Non-recurring financial charges: +€400
- Taxes +€158
up €158 (+219.8%), from €72 to €230
- Other operating charges -€100
no longer reported in 2022 (was €100)
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,313 | €55,950 | -€9,363 | -14.3% |
| Fixed assets | 21/28 | €400 | - | -€400 | |
| Financial fixed assets | 28 | €400 | - | -€400 | |
| Current assets | 29/58 | €64,913 | €55,950 | -€8,963 | -13.8% |
| Amounts receivable within one year | 40/41 | €61,815 | €55,942 | -€5,873 | -9.5% |
| Trade receivables | 40 | €27,152 | €2,952 | -€24,200 | -89.1% |
| Other amounts receivable | 41 | €34,663 | €52,990 | +€18,327 | +52.9% |
| Cash at bank and in hand | 54/58 | €3,098 | €8 | -€3,090 | -99.7% |
| Total equity and liabilities | 10/49 | €65,313 | €55,950 | -€9,363 | -14.3% |
| Equity | 10/15 | €29,947 | €30,559 | +€612 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,487 | €10,099 | +€612 | +6.5% |
| Amounts payable | 17/49 | €35,366 | €25,391 | -€9,975 | -28.2% |
| Amounts payable within one year | 42/48 | €35,366 | €25,391 | -€9,975 | -28.2% |
| Trade debts | 44 | €4,344 | €3,344 | -€1,000 | -23.0% |
| Suppliers | 440/4 | €4,344 | €3,344 | -€1,000 | -23.0% |
| Taxes, remuneration and social security | 45 | €5,608 | €280 | -€5,328 | -95.0% |
| Taxes | 450/3 | €5,608 | €280 | -€5,328 | -95.0% |
| Other amounts payable | 47/48 | €25,414 | €21,767 | -€3,647 | -14.4% |
| Other operating charges | 640/8 | €100 | - | -€100 | |
| Gross operating margin | 9900 | -€1,403 | €1,275 | +€2,678 | |
| Operating profit (loss) | 9901 | -€1,503 | €1,275 | +€2,778 | |
| Financial charges | 65/66B | €2 | €433 | +€431 | +19756.9% |
| Recurring financial charges | 65 | €2 | €33 | +€31 | +1408.3% |
| Non-recurring financial charges | 66B | - | €400 | +€400 | |
| Profit (loss) for the period before taxes | 9903 | -€1,505 | €842 | +€2,347 | |
| Income taxes | 67/77 | €72 | €230 | +€158 | +219.8% |
| Profit (loss) for the period | 9904 | -€1,577 | €612 | +€2,189 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,577 | €612 | +€2,189 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.