THUIA: 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.
THUIA
Largest movements
- Receivables within one year +€249,878
up €249,878 (+556%), from €44,941 to €294,819
of which Other amounts receivable: +€250,563
- Cash -€159,758
down €159,758 (-72.4%), from €220,683 to €60,925
mainly Receivables within one year (-€249,878) and Tax, wage and social debts (-€11,332)
- Tangible fixed assets -€11,409
down €11,409 (-11.7%), from €97,706 to €86,298
of which Furniture and vehicles: -€24,835
- Reserves +€87,520
up €87,520 (+25.5%), from €343,011 to €430,531
- Tax, wage and social debts -€11,332
down €11,332 (-52.5%), from €21,590 to €10,259
of which Taxes: -€11,332
- Gross operating margin +€22,933
up €22,933 (+19.7%), from €116,637 to €139,570
- Taxes +€12,667
up €12,667 (+49.5%), from €25,584 to €38,250
- Financial income +€9,252
up €9,252 (+8,410,900%), from €0 to €9,252
- Other operating charges -€2,291
down €2,291 (-45.1%), from €5,077 to €2,786
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 | €380,366 | €458,304 | +€77,939 | +20.5% |
| Fixed assets | 21/28 | €112,706 | €101,298 | -€11,409 | -10.1% |
| Tangible fixed assets | 22/27 | €97,706 | €86,298 | -€11,409 | -11.7% |
| Land and buildings | 22 | €28,088 | €24,020 | -€4,067 | -14.5% |
| Plant, machinery and equipment | 23 | €1,954 | €19,448 | +€17,494 | +895% |
| Furniture and vehicles | 24 | €67,665 | €42,829 | -€24,835 | -36.7% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €267,660 | €357,007 | +€89,347 | +33.4% |
| Amounts receivable within one year | 40/41 | €44,941 | €294,819 | +€249,878 | +556% |
| Trade receivables | 40 | €9,779 | €9,094 | -€685 | -7.0% |
| Other amounts receivable | 41 | €35,162 | €285,725 | +€250,563 | +713% |
| Cash at bank and in hand | 54/58 | €220,683 | €60,925 | -€159,758 | -72.4% |
| Deferred charges and accrued income | 490/1 | €2,036 | €1,263 | -€772 | -37.9% |
| Total equity and liabilities | 10/49 | €380,366 | €458,304 | +€77,939 | +20.5% |
| Equity | 10/15 | €354,311 | €441,831 | +€87,520 | +24.7% |
| Contributions | 10/11 | €11,300 | €11,300 | = | 0.0% |
| Reserves | 13 | €343,011 | €430,531 | +€87,520 | +25.5% |
| Distributable reserves | 133 | €343,011 | €430,531 | +€87,520 | +25.5% |
| Amounts payable | 17/49 | €26,055 | €16,473 | -€9,582 | -36.8% |
| Amounts payable within one year | 42/48 | €26,055 | €15,663 | -€10,392 | -39.9% |
| Trade debts | 44 | €2,928 | €5,370 | +€2,442 | +83.4% |
| Suppliers | 440/4 | €2,928 | €5,370 | +€2,442 | +83.4% |
| Advances received on contracts in progress | 46 | €1,537 | - | -€1,537 | |
| Taxes, remuneration and social security | 45 | €21,590 | €10,259 | -€11,332 | -52.5% |
| Taxes | 450/3 | €18,490 | €7,159 | -€11,332 | -61.3% |
| Remuneration and social security | 454/9 | €3,100 | €3,100 | = | 0.0% |
| Other amounts payable | 47/48 | - | €34 | +€34 | |
| Accrued charges and deferred income | 492/3 | - | €811 | +€811 | |
| Non-recurring operating income | 76A | €12,873 | €9,295 | -€3,578 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,633 | €18,377 | -€1,256 | -6.4% |
| Other operating charges | 640/8 | €5,077 | €2,786 | -€2,291 | -45.1% |
| Gross operating margin | 9900 | €116,637 | €139,570 | +€22,933 | +19.7% |
| Operating profit (loss) | 9901 | €91,928 | €118,407 | +€26,479 | +28.8% |
| Financial income | 75/76B | €0 | €9,252 | +€9,252 | +8,410,900% |
| Recurring financial income | 75 | €0 | €9,252 | +€9,252 | +8,410,900% |
| Financial charges | 65/66B | €1,296 | €1,888 | +€592 | +45.6% |
| Recurring financial charges | 65 | €1,296 | €1,888 | +€592 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | €90,631 | €125,771 | +€35,140 | +38.8% |
| Income taxes | 67/77 | €25,584 | €38,250 | +€12,667 | +49.5% |
| Profit (loss) for the period | 9904 | €65,048 | €87,520 | +€22,473 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €65,048 | €87,520 | +€22,473 | +34.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.