THYMAT CONSULTANCY: 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.
THYMAT CONSULTANCY
Largest movements
- Receivables within one year +€37,039
up €37,039 (+153%), from €24,262 to €61,302
of which Other amounts receivable: +€19,157
- Deferred charges and accrued income -€4,229
down €4,229 (-58.7%), from €7,205 to €2,977
- Cash +€2,188
up €2,188 (+9.5%), from €23,094 to €25,282
mainly Net result for the year (+€44,744) and Tax, wage and social debts (+€16,919)
- Tangible fixed assets -€1,996
down €1,996 (-15.8%), from €12,615 to €10,619
of which Furniture and vehicles: -€4,052
- Tax, wage and social debts +€16,919
up €16,919 (+68.9%), from €24,549 to €41,468
of which Remuneration and social security: +€8,865
- Reserves +€6,770
up €6,770 (+101%), from €6,704 to €13,474
- Trade debts +€5,876
up €5,876 (+132%), from €4,466 to €10,342
- Other debts +€5,174
up €5,174 (+15.8%), from €32,800 to €37,974
- Accrued charges and deferred income -€2,035
no longer reported in 2025 (was €2,035)
- Gross operating margin +€56,693
up €56,693 (+72.5%), from €78,213 to €134,906
- Staff costs +€30,923
up €30,923 (+106%), from €29,195 to €60,118
- Taxes +€10,758
up €10,758 (+90.8%), from €11,844 to €22,603
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.
Derived cash bridge
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 | €71,955 | €104,658 | +€32,703 | +45.4% |
| Fixed assets | 21/28 | €17,393 | €15,098 | -€2,296 | -13.2% |
| Intangible fixed assets | 21 | €879 | €579 | -€300 | -34.1% |
| Tangible fixed assets | 22/27 | €12,615 | €10,619 | -€1,996 | -15.8% |
| Furniture and vehicles | 24 | €12,615 | €8,563 | -€4,052 | -32.1% |
| Other tangible fixed assets | 26 | - | €2,056 | +€2,056 | |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €54,562 | €89,561 | +€34,999 | +64.1% |
| Amounts receivable within one year | 40/41 | €24,262 | €61,302 | +€37,039 | +153% |
| Trade receivables | 40 | €11,142 | €29,024 | +€17,882 | +160% |
| Other amounts receivable | 41 | €13,121 | €32,278 | +€19,157 | +146% |
| Cash at bank and in hand | 54/58 | €23,094 | €25,282 | +€2,188 | +9.5% |
| Deferred charges and accrued income | 490/1 | €7,205 | €2,977 | -€4,229 | -58.7% |
| Total equity and liabilities | 10/49 | €71,955 | €104,658 | +€32,703 | +45.4% |
| Equity | 10/15 | €8,104 | €14,874 | +€6,770 | +83.5% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Reserves | 13 | €6,704 | €13,474 | +€6,770 | +101% |
| Distributable reserves | 133 | €6,704 | €13,474 | +€6,770 | +101% |
| Amounts payable | 17/49 | €63,851 | €89,784 | +€25,933 | +40.6% |
| Amounts payable within one year | 42/48 | €61,816 | €89,784 | +€27,968 | +45.2% |
| Trade debts | 44 | €4,466 | €10,342 | +€5,876 | +132% |
| Suppliers | 440/4 | €4,466 | €10,342 | +€5,876 | +132% |
| Taxes, remuneration and social security | 45 | €24,549 | €41,468 | +€16,919 | +68.9% |
| Taxes | 450/3 | €22,593 | €30,647 | +€8,054 | +35.6% |
| Remuneration and social security | 454/9 | €1,956 | €10,821 | +€8,865 | +453% |
| Other amounts payable | 47/48 | €32,800 | €37,974 | +€5,174 | +15.8% |
| Accrued charges and deferred income | 492/3 | €2,035 | - | -€2,035 | |
| Remuneration, social security and pensions | 62 | €29,195 | €60,118 | +€30,923 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,698 | €5,631 | -€67 | -1.2% |
| Other operating charges | 640/8 | €893 | €1,285 | +€392 | +43.9% |
| Gross operating margin | 9900 | €78,213 | €134,906 | +€56,693 | +72.5% |
| Operating profit (loss) | 9901 | €42,427 | €67,872 | +€25,444 | +60.0% |
| Financial income | 75/76B | €518 | €1,327 | +€809 | +156% |
| Recurring financial income | 75 | €518 | €1,327 | +€809 | +156% |
| Financial charges | 65/66B | €2,936 | €1,852 | -€1,084 | -36.9% |
| Recurring financial charges | 65 | €2,936 | €1,852 | -€1,084 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €40,009 | €67,346 | +€27,338 | +68.3% |
| Income taxes | 67/77 | €11,844 | €22,603 | +€10,758 | +90.8% |
| Profit (loss) for the period | 9904 | €28,164 | €44,744 | +€16,579 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,164 | €44,744 | +€16,579 | +58.9% |
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 20 October 2026 via checked.be.