THYNCO: 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.
THYNCO
Largest movements
- Tangible fixed assets -€9,549
down €9,549 (-13.4%), from €71,313 to €61,764
of which Furniture and vehicles: -€7,470
- Receivables within one year -€9,460
down €9,460 (-58.7%), from €16,114 to €6,654
- Other debts -€18,697
down €18,697 (-69.5%), from €26,896 to €8,199
- Debts after one year -€10,547
down €10,547 (-27.6%), from €38,245 to €27,698
- Profit (loss) carried forward +€8,318
up €8,318 (+14.4%), from -€57,876 to -€49,558
- Tax, wage and social debts +€1,845
up €1,845 (+15.0%), from €12,305 to €14,150
- Gross operating margin +€4,409
up €4,409 (+19.7%), from €22,427 to €26,836
- Financial income -€668
down €668 (-39.3%), from €1,698 to €1,030
- Depreciation +€533
up €533 (+3.3%), from €16,073 to €16,606
- Financial charges -€428
down €428 (-19.9%), from €2,153 to €1,725
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,134 | €68,729 | -€19,406 | -22.0% |
| Fixed assets | 21/28 | €71,313 | €61,764 | -€9,549 | -13.4% |
| Tangible fixed assets | 22/27 | €71,313 | €61,764 | -€9,549 | -13.4% |
| Land and buildings | 22 | €49,972 | €47,893 | -€2,079 | -4.2% |
| Furniture and vehicles | 24 | €21,341 | €13,871 | -€7,470 | -35.0% |
| Current assets | 29/58 | €16,822 | €6,964 | -€9,857 | -58.6% |
| Amounts receivable within one year | 40/41 | €16,114 | €6,654 | -€9,460 | -58.7% |
| Trade receivables | 40 | €16,114 | €6,654 | -€9,460 | -58.7% |
| Cash at bank and in hand | 54/58 | €707 | €310 | -€397 | -56.1% |
| Total equity and liabilities | 10/49 | €88,134 | €68,729 | -€19,406 | -22.0% |
| Equity | 10/15 | -€11,118 | -€2,799 | +€8,318 | +74.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €34,359 | €34,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,499 | €32,499 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,876 | -€49,558 | +€8,318 | +14.4% |
| Amounts payable | 17/49 | €99,252 | €71,528 | -€27,724 | -27.9% |
| Amounts payable after more than one year | 17 | €38,245 | €27,698 | -€10,547 | -27.6% |
| Financial debts | 170/4 | €38,245 | €27,698 | -€10,547 | -27.6% |
| Amounts payable within one year | 42/48 | €61,007 | €43,830 | -€17,178 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €10,368 | €10,547 | +€179 | +1.7% |
| Financial debts | 43 | €8,130 | €7,557 | -€573 | -7.0% |
| Credit institutions | 430/8 | €8,130 | €7,557 | -€573 | -7.0% |
| Trade debts | 44 | €3,308 | €3,377 | +€69 | +2.1% |
| Suppliers | 440/4 | €3,308 | €3,377 | +€69 | +2.1% |
| Taxes, remuneration and social security | 45 | €12,305 | €14,150 | +€1,845 | +15.0% |
| Remuneration and social security | 454/9 | €12,305 | €14,150 | +€1,845 | +15.0% |
| Other amounts payable | 47/48 | €26,896 | €8,199 | -€18,697 | -69.5% |
| Non-recurring operating income | 76A | €5,011 | €4,752 | -€259 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,073 | €16,606 | +€533 | +3.3% |
| Other operating charges | 640/8 | €1,175 | €1,217 | +€42 | +3.6% |
| Gross operating margin | 9900 | €22,427 | €26,836 | +€4,409 | +19.7% |
| Operating profit (loss) | 9901 | €5,179 | €9,013 | +€3,834 | +74.0% |
| Financial income | 75/76B | €1,698 | €1,030 | -€668 | -39.3% |
| Recurring financial income | 75 | €1,698 | €1,030 | -€668 | -39.3% |
| Financial charges | 65/66B | €2,153 | €1,725 | -€428 | -19.9% |
| Recurring financial charges | 65 | €2,153 | €1,725 | -€428 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €4,724 | €8,318 | +€3,595 | +76.1% |
| Profit (loss) for the period | 9904 | €4,724 | €8,318 | +€3,595 | +76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,724 | €8,318 | +€3,595 | +76.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.