THUNUS ORGELBAU: what changed
THUNUS ORGELBAU
Largest movements
- Receivables within one year -€20,749
down €20,749 (-87.0%), from €23,838 to €3,089
- Cash +€15,220
up €15,220 (+15.0%), from €101,414 to €116,634
mainly Receivables within one year (+€20,749) and Depreciation (+€905)
- Profit (loss) carried forward -€14,386
down €14,386, from €8,725 to -€5,660
- Reserves +€8,725
up €8,725 (+9.1%), from €95,580 to €104,305
- Turnover -€15,424
down €15,424 (-75.4%), from €20,455 to €5,031
- Gross operating margin -€13,387
down €13,387 (-94.3%), from €14,203 to €817
- Taxes +€3,421
up €3,421 (+3,202%), from €107 to €3,528
- Financial income +€2,165
up €2,165 (+517%), from €419 to €2,584
- Purchases and services -€2,037
down €2,037 (-32.6%), from €6,252 to €4,215
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,749 | €136,315 | -€6,434 | -4.5% |
| Fixed assets | 21/28 | €12,060 | €11,155 | -€905 | -7.5% |
| Tangible fixed assets | 22/27 | €12,060 | €11,155 | -€905 | -7.5% |
| Land and buildings | 22 | €11,119 | €10,528 | -€591 | -5.3% |
| Plant, machinery and equipment | 23 | €941 | €627 | -€314 | -33.4% |
| Current assets | 29/58 | €130,689 | €125,160 | -€5,529 | -4.2% |
| Stocks and contracts in progress | 3 | €5,437 | €5,437 | = | 0.0% |
| Stocks | 30/36 | €5,437 | €5,437 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,838 | €3,089 | -€20,749 | -87.0% |
| Trade receivables | 40 | €23,838 | €3,089 | -€20,749 | -87.0% |
| Cash at bank and in hand | 54/58 | €101,414 | €116,634 | +€15,220 | +15.0% |
| Total equity and liabilities | 10/49 | €142,749 | €136,315 | -€6,434 | -4.5% |
| Equity | 10/15 | €141,489 | €135,829 | -€5,660 | -4.0% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Capital | 10 | €37,184 | €37,184 | = | 0.0% |
| Issued capital | 100 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €95,580 | €104,305 | +€8,725 | +9.1% |
| Non-distributable reserves | 130/1 | €95,580 | €104,305 | +€8,725 | +9.1% |
| Legal reserve | 130 | €95,580 | €104,305 | +€8,725 | +9.1% |
| Profit (loss) carried forward | 14 | €8,725 | -€5,660 | -€14,386 | |
| Amounts payable | 17/49 | €1,260 | €486 | -€774 | -61.4% |
| Amounts payable within one year | 42/48 | €1,260 | €486 | -€774 | -61.4% |
| Taxes, remuneration and social security | 45 | €945 | €486 | -€459 | -48.6% |
| Taxes | 450/3 | €945 | €486 | -€459 | -48.6% |
| Other amounts payable | 47/48 | €315 | - | -€315 | |
| Turnover | 70 | €20,455 | €5,031 | -€15,424 | -75.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,252 | €4,215 | -€2,037 | -32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €905 | €905 | = | 0.0% |
| Other operating charges | 640/8 | €4,428 | €4,389 | -€39 | -0.9% |
| Gross operating margin | 9900 | €14,203 | €817 | -€13,387 | -94.3% |
| Operating profit (loss) | 9901 | €8,870 | -€4,478 | -€13,347 | |
| Financial income | 75/76B | €419 | €2,584 | +€2,165 | +517% |
| Recurring financial income | 75 | €419 | €2,584 | +€2,165 | +517% |
| Financial charges | 65/66B | €239 | €239 | +€0 | 0.0% |
| Recurring financial charges | 65 | €239 | €239 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €9,050 | -€2,133 | -€11,183 | |
| Income taxes | 67/77 | €107 | €3,528 | +€3,421 | +3,202% |
| Profit (loss) for the period | 9904 | €8,943 | -€5,660 | -€14,604 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,943 | -€5,660 | -€14,604 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.