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Thunderfield: 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.

What changed

Thunderfield

BE 1005.741.926
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€77,712
2024 · €72,017+€5,694
Equity
€157,229
2024 · €79,517+€77,712
Cash
€118,708
2024 · €94,713+€23,995
Balance sheet total
€196,408
2024 · €112,387+€84,021

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€56,889

    up €56,889 (+367.6%), from €15,475 to €72,363

    of which Other amounts receivable: +€35,000

  • Cash +€23,995

    up €23,995 (+25.3%), from €94,713 to €118,708

    mainly Net result for the year (+€77,712) and Tax, wage and social debts (+€6,483)

  • Tangible fixed assets +€2,695

    up €2,695 (+276.9%), from €973 to €3,668

Equity and liabilities
  • Reserves +€77,712

    up €77,712 (+107.9%), from €72,017 to €149,729

  • Tax, wage and social debts +€6,483

    up €6,483 (+20.8%), from €31,209 to €37,692

Income statement
  • Gross operating margin +€9,078

    up €9,078 (+9.4%), from €96,855 to €105,933

  • Taxes +€2,199

    up €2,199 (+9.8%), from €22,525 to €24,725

  • Financial charges +€1,068

    up €1,068 (+50.2%), from €2,129 to €3,197

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €72,017
Gross operating margin +€9,078
Depreciation -€831
Other operating charges -€62
Financial income +€777
Financial charges -€1,068
Taxes -€2,199
Result 2025 €77,712

Cash bridge derived

cash 2024 to 2025

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.

From operations +€27,736
Investment -€3,741
Financing €0
Cash 2024 €94,713
Net result for the year +€77,712
Depreciation +€1,046
Receivables within one year -€56,889
Deferred charges and accrued income -€442
Smaller working-capital items -€173
Tax, wage and social debts +€6,483
Investment in fixed assets (net) -€3,741
Cash 2025 €118,708
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €112,387 €196,408 +€84,021 +74.8%
Fixed assets 21/28 €973 €3,668 +€2,695 +276.9%
Tangible fixed assets 22/27 €973 €3,668 +€2,695 +276.9%
Furniture and vehicles 24 €973 €3,668 +€2,695 +276.9%
Current assets 29/58 €111,414 €192,740 +€81,326 +73.0%
Amounts receivable within one year 40/41 €15,475 €72,363 +€56,889 +367.6%
Trade receivables 40 €15,475 €37,363 +€21,889 +141.4%
Other amounts receivable 41 - €35,000 +€35,000
Cash at bank and in hand 54/58 €94,713 €118,708 +€23,995 +25.3%
Deferred charges and accrued income 490/1 €1,226 €1,668 +€442 +36.1%
Total equity and liabilities 10/49 €112,387 €196,408 +€84,021 +74.8%
Equity 10/15 €79,517 €157,229 +€77,712 +97.7%
Contributions 10/11 €7,500 €7,500 = 0.0%
Reserves 13 €72,017 €149,729 +€77,712 +107.9%
Distributable reserves 133 €72,017 €149,729 +€77,712 +107.9%
Amounts payable 17/49 €32,870 €39,179 +€6,310 +19.2%
Amounts payable within one year 42/48 €32,791 €39,179 +€6,389 +19.5%
Trade debts 44 €1,537 €1,487 -€49 -3.2%
Suppliers 440/4 €1,537 €1,487 -€49 -3.2%
Taxes, remuneration and social security 45 €31,209 €37,692 +€6,483 +20.8%
Taxes 450/3 €31,209 €37,692 +€6,483 +20.8%
Other amounts payable 47/48 €45 - -€45
Accrued charges and deferred income 492/3 €79 - -€79
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €214 €1,046 +€831 +388.1%
Other operating charges 640/8 - €62 +€62
Gross operating margin 9900 €96,855 €105,933 +€9,078 +9.4%
Operating profit (loss) 9901 €96,641 €104,826 +€8,185 +8.5%
Financial income 75/76B €30 €807 +€777 +2569.5%
Recurring financial income 75 €30 €807 +€777 +2569.5%
Financial charges 65/66B €2,129 €3,197 +€1,068 +50.2%
Recurring financial charges 65 €2,129 €3,197 +€1,068 +50.2%
Profit (loss) for the period before taxes 9903 €94,542 €102,436 +€7,894 +8.3%
Income taxes 67/77 €22,525 €24,725 +€2,199 +9.8%
Profit (loss) for the period 9904 €72,017 €77,712 +€5,694 +7.9%
Profit (loss) for the period to be appropriated 9905 €72,017 €77,712 +€5,694 +7.9%

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.