THYLE BUILDING: 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.
THYLE BUILDING
Largest movements
- Tangible fixed assets -€11,011
down €11,011 (-3.0%), from €363,149 to €352,138
- Cash +€6,929
up €6,929 (+363.9%), from €1,904 to €8,833
mainly Net result for the year (+€13,670) and Depreciation (+€11,379)
- Debts after one year -€20,095
down €20,095 (-8.0%), from €252,606 to €232,510
- Profit (loss) carried forward +€13,670
up €13,670 (+150.7%), from €9,074 to €22,743
- Gross operating margin +€4,976
up €4,976 (+16.0%), from €31,164 to €36,140
- Taxes +€1,271
up €1,271 (+56.0%), from €2,268 to €3,539
- Financial charges -€894
down €894 (-14.2%), from €6,273 to €5,379
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 | €368,625 | €362,048 | -€6,577 | -1.8% |
| Formation expenses | 20 | €788 | €420 | -€368 | -46.7% |
| Fixed assets | 21/28 | €363,149 | €352,138 | -€11,011 | -3.0% |
| Tangible fixed assets | 22/27 | €363,149 | €352,138 | -€11,011 | -3.0% |
| Land and buildings | 22 | €363,149 | €352,138 | -€11,011 | -3.0% |
| Current assets | 29/58 | €4,688 | €9,490 | +€4,802 | +102.4% |
| Amounts receivable within one year | 40/41 | €1,785 | €85 | -€1,700 | -95.3% |
| Trade receivables | 40 | €1,785 | €85 | -€1,700 | -95.3% |
| Cash at bank and in hand | 54/58 | €1,904 | €8,833 | +€6,929 | +363.9% |
| Deferred charges and accrued income | 490/1 | €1,000 | €573 | -€427 | -42.7% |
| Total equity and liabilities | 10/49 | €368,625 | €362,048 | -€6,577 | -1.8% |
| Equity | 10/15 | €66,392 | €80,061 | +€13,670 | +20.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €7,318 | €7,318 | = | 0.0% |
| Distributable reserves | 133 | €7,318 | €7,318 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,074 | €22,743 | +€13,670 | +150.7% |
| Amounts payable | 17/49 | €302,233 | €281,986 | -€20,247 | -6.7% |
| Amounts payable after more than one year | 17 | €252,606 | €232,510 | -€20,095 | -8.0% |
| Financial debts | 170/4 | €252,606 | €232,510 | -€20,095 | -8.0% |
| Amounts payable within one year | 42/48 | €49,628 | €49,476 | -€152 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €19,704 | €20,095 | +€391 | +2.0% |
| Trade debts | 44 | - | €573 | +€573 | |
| Suppliers | 440/4 | - | €573 | +€573 | |
| Taxes, remuneration and social security | 45 | €4,923 | €3,808 | -€1,116 | -22.7% |
| Taxes | 450/3 | €4,923 | €3,808 | -€1,116 | -22.7% |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,379 | €11,379 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,170 | €2,173 | +€2 | +0.1% |
| Gross operating margin | 9900 | €31,164 | €36,140 | +€4,976 | +16.0% |
| Operating profit (loss) | 9901 | €17,615 | €22,588 | +€4,973 | +28.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,273 | €5,379 | -€894 | -14.2% |
| Recurring financial charges | 65 | €6,273 | €5,379 | -€894 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €11,342 | €17,209 | +€5,867 | +51.7% |
| Income taxes | 67/77 | €2,268 | €3,539 | +€1,271 | +56.0% |
| Profit (loss) for the period | 9904 | €9,074 | €13,670 | +€4,596 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,074 | €13,670 | +€4,596 | +50.7% |
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 9 October 2026 via checked.be.