THYMOS INTELLIGENCE: 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.
THYMOS INTELLIGENCE
Largest movements
- Tangible fixed assets +€94,487
up €94,487 (+76.5%), from €123,558 to €218,045
of which Land and buildings: +€62,148
- Receivables within one year -€28,031
down €28,031 (-54.4%), from €51,551 to €23,520
of which Trade receivables: -€22,834
- Cash +€7,950
up €7,950 (+65.5%), from €12,138 to €20,088
mainly Other debts (+€92,156) and Depreciation (+€36,128)
- Deferred charges and accrued income +€3,930
new in 2025: €3,930
- Other debts +€92,156
up €92,156 (+8434.9%), from €1,093 to €93,249
- Short-term financial debts -€33,110
no longer reported in 2025 (was €33,110)
- Current portion of long-term debt +€25,033
new in 2025: €25,033
- Debts after one year -€14,626
down €14,626 (-12.3%), from €118,446 to €103,821
- Profit (loss) carried forward +€5,794
up €5,794 (+15.3%), from €37,880 to €43,674
- Gross operating margin +€38,270
up €38,270 (+93.7%), from €40,845 to €79,115
- Depreciation +€8,090
up €8,090 (+28.9%), from €28,038 to €36,128
- Other operating charges +€8,003
up €8,003 (+32.1%), from €24,904 to €32,907
- Taxes -€2,877
down €2,877 (-84.5%), from €3,404 to €527
- Financial charges -€1,352
down €1,352 (-23.4%), from €5,783 to €4,431
of which Financial charges: -€2,246
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 | €215,540 | €293,876 | +€78,336 | +36.3% |
| Fixed assets | 21/28 | €129,478 | €223,964 | +€94,487 | +73.0% |
| Tangible fixed assets | 22/27 | €123,558 | €218,045 | +€94,487 | +76.5% |
| Land and buildings | 22 | €3,000 | €65,148 | +€62,148 | +2071.6% |
| Plant, machinery and equipment | 23 | €105,319 | €96,921 | -€8,398 | -8.0% |
| Furniture and vehicles | 24 | €10,161 | €51,494 | +€41,333 | +406.8% |
| Other tangible fixed assets | 26 | €5,078 | €4,482 | -€596 | -11.7% |
| Financial fixed assets | 28 | €5,919 | €5,919 | = | 0.0% |
| Current assets | 29/58 | €86,063 | €69,911 | -€16,151 | -18.8% |
| Stocks and contracts in progress | 3 | €22,373 | €22,373 | = | 0.0% |
| Stocks | 30/36 | €22,373 | €22,373 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €51,551 | €23,520 | -€28,031 | -54.4% |
| Trade receivables | 40 | €38,795 | €15,961 | -€22,834 | -58.9% |
| Other amounts receivable | 41 | €12,757 | €7,559 | -€5,198 | -40.7% |
| Cash at bank and in hand | 54/58 | €12,138 | €20,088 | +€7,950 | +65.5% |
| Deferred charges and accrued income | 490/1 | - | €3,930 | +€3,930 | |
| Total equity and liabilities | 10/49 | €215,540 | €293,876 | +€78,336 | +36.3% |
| Equity | 10/15 | €48,440 | €54,234 | +€5,794 | +12.0% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Own shares acquired | 1312 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €37,880 | €43,674 | +€5,794 | +15.3% |
| Amounts payable | 17/49 | €167,100 | €239,642 | +€72,542 | +43.4% |
| Amounts payable after more than one year | 17 | €118,446 | €103,821 | -€14,626 | -12.3% |
| Financial debts | 170/4 | €118,446 | €103,821 | -€14,626 | -12.3% |
| Amounts payable within one year | 42/48 | €48,654 | €135,821 | +€87,167 | +179.2% |
| Current portion of amounts payable after more than one year | 42 | - | €25,033 | +€25,033 | |
| Financial debts | 43 | €33,110 | - | -€33,110 | |
| Credit institutions | 430/8 | €33,110 | - | -€33,110 | |
| Trade debts | 44 | €14,451 | €17,539 | +€3,089 | +21.4% |
| Suppliers | 440/4 | €14,451 | €17,539 | +€3,089 | +21.4% |
| Other amounts payable | 47/48 | €1,093 | €93,249 | +€92,156 | +8434.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,038 | €36,128 | +€8,090 | +28.9% |
| Other operating charges | 640/8 | €24,904 | €32,907 | +€8,003 | +32.1% |
| Gross operating margin | 9900 | €40,845 | €79,115 | +€38,270 | +93.7% |
| Operating profit (loss) | 9901 | -€12,097 | €10,080 | +€22,177 | |
| Financial income | 75/76B | €74 | €672 | +€598 | +804.4% |
| Recurring financial income | 75 | €74 | €672 | +€598 | +804.4% |
| Financial charges | 65/66B | €5,783 | €4,431 | -€1,352 | -23.4% |
| Recurring financial charges | 65 | €5,783 | €3,537 | -€2,246 | -38.8% |
| Non-recurring financial charges | 66B | - | €894 | +€894 | |
| Profit (loss) for the period before taxes | 9903 | -€17,806 | €6,321 | +€24,127 | |
| Income taxes | 67/77 | €3,404 | €527 | -€2,877 | -84.5% |
| Profit (loss) for the period | 9904 | -€21,210 | €5,794 | +€27,004 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,210 | €5,794 | +€27,004 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.