Thyme: 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.
Thyme
Largest movements
- Cash +€19,612
up €19,612 (+49.4%), from €39,686 to €59,298
mainly Tax, wage and social debts (+€8,131) and Advances received (+€6,991)
- Tangible fixed assets -€4,297
down €4,297 (-16.7%), from €25,741 to €21,444
- Deferred charges and accrued income -€1,945
down €1,945 (-99.0%), from €1,965 to €20
- Debts after one year -€8,784
down €8,784 (-24.4%), from €35,940 to €27,155
- Tax, wage and social debts +€8,131
up €8,131 (+190.1%), from €4,278 to €12,409
of which Taxes: +€4,133
- Advances received +€6,991
up €6,991 (+308.7%), from €2,265 to €9,256
- Reserves +€4,000
new in 2025: €4,000
- Profit (loss) carried forward +€2,361
up €2,361, from -€1,472 to €889
- Staff costs +€25,079
up €25,079 (+147.9%), from €16,960 to €42,039
- Gross operating margin +€20,331
up €20,331 (+53.9%), from €37,734 to €58,065
- Taxes +€1,846
up €1,846 (+552.3%), from €334 to €2,180
- Other operating charges +€1,474
up €1,474 (+538.1%), from €274 to €1,748
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 | €75,438 | €89,105 | +€13,667 | +18.1% |
| Fixed assets | 21/28 | €30,226 | €25,929 | -€4,297 | -14.2% |
| Tangible fixed assets | 22/27 | €25,741 | €21,444 | -€4,297 | -16.7% |
| Plant, machinery and equipment | 23 | €6,993 | €5,467 | -€1,526 | -21.8% |
| Furniture and vehicles | 24 | €1,751 | €1,123 | -€628 | -35.8% |
| Other tangible fixed assets | 26 | €16,997 | €14,854 | -€2,143 | -12.6% |
| Financial fixed assets | 28 | €4,485 | €4,485 | = | 0.0% |
| Current assets | 29/58 | €45,212 | €63,176 | +€17,964 | +39.7% |
| Stocks and contracts in progress | 3 | €2,174 | €2,562 | +€388 | +17.8% |
| Stocks | 30/36 | €2,174 | €2,562 | +€388 | +17.8% |
| Amounts receivable within one year | 40/41 | €1,386 | €1,296 | -€90 | -6.5% |
| Trade receivables | 40 | €866 | €1,296 | +€430 | +49.7% |
| Other amounts receivable | 41 | €520 | €0 | -€520 | -100.0% |
| Cash at bank and in hand | 54/58 | €39,686 | €59,298 | +€19,612 | +49.4% |
| Deferred charges and accrued income | 490/1 | €1,965 | €20 | -€1,945 | -99.0% |
| Total equity and liabilities | 10/49 | €75,438 | €89,105 | +€13,667 | +18.1% |
| Equity | 10/15 | €18,528 | €24,889 | +€6,361 | +34.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €4,000 | +€4,000 | |
| Distributable reserves | 133 | - | €4,000 | +€4,000 | |
| Profit (loss) carried forward | 14 | -€1,472 | €889 | +€2,361 | |
| Amounts payable | 17/49 | €56,910 | €64,216 | +€7,306 | +12.8% |
| Amounts payable after more than one year | 17 | €35,940 | €27,155 | -€8,784 | -24.4% |
| Financial debts | 170/4 | €35,940 | €27,155 | -€8,784 | -24.4% |
| Amounts payable within one year | 42/48 | €20,970 | €37,061 | +€16,090 | +76.7% |
| Current portion of amounts payable after more than one year | 42 | €8,529 | €8,784 | +€256 | +3.0% |
| Trade debts | 44 | €4,106 | €4,794 | +€688 | +16.8% |
| Suppliers | 440/4 | €4,106 | €4,794 | +€688 | +16.8% |
| Advances received on contracts in progress | 46 | €2,265 | €9,256 | +€6,991 | +308.7% |
| Taxes, remuneration and social security | 45 | €4,278 | €12,409 | +€8,131 | +190.1% |
| Taxes | 450/3 | €2,944 | €7,076 | +€4,133 | +140.4% |
| Remuneration and social security | 454/9 | €1,334 | €5,332 | +€3,998 | +299.7% |
| Other amounts payable | 47/48 | €1,793 | €1,818 | +€24 | +1.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,344 | €0 | -€1,344 | -100.0% |
| Remuneration, social security and pensions | 62 | €16,960 | €42,039 | +€25,079 | +147.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,074 | €4,297 | +€223 | +5.5% |
| Other operating charges | 640/8 | €274 | €1,748 | +€1,474 | +538.1% |
| Gross operating margin | 9900 | €37,734 | €58,065 | +€20,331 | +53.9% |
| Operating profit (loss) | 9901 | €16,426 | €9,980 | -€6,446 | -39.2% |
| Financial income | 75/76B | €38 | €32 | -€6 | -16.4% |
| Recurring financial income | 75 | €38 | €32 | -€6 | -16.4% |
| Financial charges | 65/66B | €1,713 | €1,470 | -€243 | -14.2% |
| Recurring financial charges | 65 | €1,713 | €1,470 | -€243 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €14,751 | €8,541 | -€6,209 | -42.1% |
| Income taxes | 67/77 | €334 | €2,180 | +€1,846 | +552.3% |
| Profit (loss) for the period | 9904 | €14,417 | €6,361 | -€8,055 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,417 | €6,361 | -€8,055 | -55.9% |
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 4 October 2026 via checked.be.