THULIDIS: 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.
THULIDIS
Largest movements
- Tangible fixed assets +€11,305
up €11,305 (+86.2%), from €13,122 to €24,427
of which Plant, machinery and equipment: +€11,993
- Cash +€1,841
up €1,841 (+1184.3%), from €155 to €1,996
mainly Other debts (+€11,374) and Depreciation (+€6,518)
- Deferred charges and accrued income +€1,267
new in 2025: €1,267
- Other debts +€11,374
up €11,374 (+21.4%), from €53,232 to €64,606
- Accrued charges and deferred income +€4,629
up €4,629 (+781.8%), from €592 to €5,221
- Profit (loss) carried forward -€1,208
down €1,208 (-0.7%), from -€184,405 to -€185,613
- Trade debts -€963
down €963 (-63.6%), from €1,515 to €551
- Financial charges +€4,972
up €4,972 (+2317.8%), from €215 to €5,186
- Depreciation +€1,271
up €1,271 (+24.2%), from €5,247 to €6,518
- Gross operating margin +€404
up €404 (+4.3%), from €9,455 to €9,859
- Financial income +€357
up €357 (+39.2%), from €910 to €1,267
- Other operating charges -€124
down €124 (-16.4%), from €754 to €630
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 | €65,933 | €79,765 | +€13,832 | +21.0% |
| Fixed assets | 21/28 | €13,122 | €24,427 | +€11,305 | +86.2% |
| Tangible fixed assets | 22/27 | €13,122 | €24,427 | +€11,305 | +86.2% |
| Plant, machinery and equipment | 23 | €11,298 | €23,291 | +€11,993 | +106.2% |
| Furniture and vehicles | 24 | €1,824 | €1,136 | -€688 | -37.7% |
| Current assets | 29/58 | €52,811 | €55,338 | +€2,527 | +4.8% |
| Amounts receivable within one year | 40/41 | €52,656 | €52,074 | -€581 | -1.1% |
| Trade receivables | 40 | €677 | - | -€677 | |
| Other amounts receivable | 41 | €51,979 | €52,074 | +€96 | +0.2% |
| Cash at bank and in hand | 54/58 | €155 | €1,996 | +€1,841 | +1184.3% |
| Deferred charges and accrued income | 490/1 | - | €1,267 | +€1,267 | |
| Total equity and liabilities | 10/49 | €65,933 | €79,765 | +€13,832 | +21.0% |
| Equity | 10/15 | €10,595 | €9,387 | -€1,208 | -11.4% |
| Contributions | 10/11 | €195,000 | €195,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€184,405 | -€185,613 | -€1,208 | -0.7% |
| Amounts payable | 17/49 | €55,339 | €70,378 | +€15,039 | +27.2% |
| Amounts payable within one year | 42/48 | €54,746 | €65,157 | +€10,411 | +19.0% |
| Trade debts | 44 | €1,515 | €551 | -€963 | -63.6% |
| Suppliers | 440/4 | €1,515 | €551 | -€963 | -63.6% |
| Other amounts payable | 47/48 | €53,232 | €64,606 | +€11,374 | +21.4% |
| Accrued charges and deferred income | 492/3 | €592 | €5,221 | +€4,629 | +781.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,247 | €6,518 | +€1,271 | +24.2% |
| Other operating charges | 640/8 | €754 | €630 | -€124 | -16.4% |
| Gross operating margin | 9900 | €9,455 | €9,859 | +€404 | +4.3% |
| Operating profit (loss) | 9901 | €3,454 | €2,711 | -€743 | -21.5% |
| Financial income | 75/76B | €910 | €1,267 | +€357 | +39.2% |
| Recurring financial income | 75 | €910 | €1,267 | +€357 | +39.2% |
| Financial charges | 65/66B | €215 | €5,186 | +€4,972 | +2317.8% |
| Recurring financial charges | 65 | €215 | €5,186 | +€4,972 | +2317.8% |
| Profit (loss) for the period before taxes | 9903 | €4,150 | -€1,208 | -€5,358 | |
| Profit (loss) for the period | 9904 | €4,150 | -€1,208 | -€5,358 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,150 | -€1,208 | -€5,358 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.