Thyko: 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.
Thyko
Largest movements
- Cash +€9,179
up €9,179 (+38.9%), from €23,595 to €32,774
mainly Depreciation (+€8,586) and Tax, wage and social debts (+€4,665)
- Tangible fixed assets -€6,879
down €6,879 (-14.8%), from €46,467 to €39,589
of which Furniture and vehicles: -€4,260
- Tax, wage and social debts +€4,665
up €4,665 (+131.2%), from €3,557 to €8,222
- Trade debts -€2,443
down €2,443 (-41.0%), from €5,957 to €3,515
- Gross operating margin -€9,434
down €9,434 (-35.7%), from €26,430 to €16,996
- Taxes -€1,943
down €1,943 (-44.6%), from €4,354 to €2,412
- Depreciation +€527
up €527 (+6.5%), from €8,059 to €8,586
- Other operating charges +€329
up €329 (+22.6%), from €1,458 to €1,786
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.
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 | €88,562 | €91,155 | +€2,593 | +2.9% |
| Fixed assets | 21/28 | €46,467 | €39,589 | -€6,879 | -14.8% |
| Tangible fixed assets | 22/27 | €46,467 | €39,589 | -€6,879 | -14.8% |
| Land and buildings | 22 | €19,661 | €16,861 | -€2,801 | -14.2% |
| Plant, machinery and equipment | 23 | €2,962 | €3,144 | +€182 | +6.2% |
| Furniture and vehicles | 24 | €23,844 | €19,584 | -€4,260 | -17.9% |
| Current assets | 29/58 | €42,094 | €51,567 | +€9,472 | +22.5% |
| Amounts receivable within one year | 40/41 | €17,915 | €18,793 | +€877 | +4.9% |
| Trade receivables | 40 | €9,029 | €11,271 | +€2,242 | +24.8% |
| Other amounts receivable | 41 | €8,886 | €7,521 | -€1,364 | -15.4% |
| Cash at bank and in hand | 54/58 | €23,595 | €32,774 | +€9,179 | +38.9% |
| Deferred charges and accrued income | 490/1 | €585 | €0 | -€585 | -100.0% |
| Total equity and liabilities | 10/49 | €88,562 | €91,155 | +€2,593 | +2.9% |
| Equity | 10/15 | €78,728 | €78,815 | +€87 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €60,128 | €60,215 | +€87 | +0.1% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €59,508 | €59,595 | +€87 | +0.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,834 | €12,341 | +€2,506 | +25.5% |
| Amounts payable within one year | 42/48 | €9,514 | €12,341 | +€2,826 | +29.7% |
| Trade debts | 44 | €5,957 | €3,515 | -€2,443 | -41.0% |
| Suppliers | 440/4 | €5,957 | €3,515 | -€2,443 | -41.0% |
| Taxes, remuneration and social security | 45 | €3,557 | €8,222 | +€4,665 | +131.2% |
| Taxes | 450/3 | €3,557 | €8,222 | +€4,665 | +131.2% |
| Other amounts payable | 47/48 | - | €604 | +€604 | |
| Accrued charges and deferred income | 492/3 | €320 | €0 | -€320 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,059 | €8,586 | +€527 | +6.5% |
| Other operating charges | 640/8 | €1,458 | €1,786 | +€329 | +22.6% |
| Gross operating margin | 9900 | €26,430 | €16,996 | -€9,434 | -35.7% |
| Operating profit (loss) | 9901 | €16,914 | €6,623 | -€10,290 | -60.8% |
| Financial income | 75/76B | €11 | €134 | +€123 | +1101.8% |
| Recurring financial income | 75 | €11 | €134 | +€123 | +1101.8% |
| Financial charges | 65/66B | €4,456 | €4,259 | -€198 | -4.4% |
| Recurring financial charges | 65 | €4,456 | €4,259 | -€198 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €12,468 | €2,498 | -€9,970 | -80.0% |
| Income taxes | 67/77 | €4,354 | €2,412 | -€1,943 | -44.6% |
| Profit (loss) for the period | 9904 | €8,114 | €87 | -€8,027 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,114 | €87 | -€8,027 | -98.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.