THYNK: 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.
THYNK
Largest movements
- Cash -€82,634
down €82,634 (-90.1%), from €91,724 to €9,091
mainly Contributions, distributions and other (-€226,891) and Accrued charges and deferred income (-€470)
- Tangible fixed assets -€28,505
down €28,505 (-34.8%), from €82,000 to €53,495
- Receivables within one year -€6,242
down €6,242 (-8.3%), from €75,095 to €68,853
of which Other amounts receivable: -€10,164
- Reserves -€155,160
down €155,160 (-68.4%), from €226,891 to €71,731
- Other debts +€26,880
up €26,880 (+288%), from €9,329 to €36,208
- Tax, wage and social debts +€5,243
up €5,243 (+44.3%), from €11,841 to €17,084
of which Remuneration and social security: +€4,493
- Trade debts +€3,942
up €3,942 (+641%), from €615 to €4,557
- Financial charges -€4,014
down €4,014 (-79.3%), from €5,060 to €1,046
- Gross operating margin -€2,222
down €2,222 (-1.8%), from €125,246 to €123,023
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 | €252,645 | €133,080 | -€119,565 | -47.3% |
| Fixed assets | 21/28 | €82,000 | €53,495 | -€28,505 | -34.8% |
| Tangible fixed assets | 22/27 | €82,000 | €53,495 | -€28,505 | -34.8% |
| Furniture and vehicles | 24 | €82,000 | €53,495 | -€28,505 | -34.8% |
| Current assets | 29/58 | €170,645 | €79,584 | -€91,060 | -53.4% |
| Amounts receivable within one year | 40/41 | €75,095 | €68,853 | -€6,242 | -8.3% |
| Trade receivables | 40 | €64,932 | €68,853 | +€3,922 | +6.0% |
| Other amounts receivable | 41 | €10,164 | €0 | -€10,164 | -100% |
| Cash at bank and in hand | 54/58 | €91,724 | €9,091 | -€82,634 | -90.1% |
| Deferred charges and accrued income | 490/1 | €3,825 | €1,640 | -€2,185 | -57.1% |
| Total equity and liabilities | 10/49 | €252,645 | €133,080 | -€119,565 | -47.3% |
| Equity | 10/15 | €230,391 | €75,231 | -€155,160 | -67.3% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €226,891 | €71,731 | -€155,160 | -68.4% |
| Distributable reserves | 133 | €226,891 | €71,731 | -€155,160 | -68.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,254 | €57,849 | +€35,595 | +160% |
| Amounts payable within one year | 42/48 | €21,784 | €57,849 | +€36,065 | +166% |
| Trade debts | 44 | €615 | €4,557 | +€3,942 | +641% |
| Suppliers | 440/4 | €615 | €4,557 | +€3,942 | +641% |
| Taxes, remuneration and social security | 45 | €11,841 | €17,084 | +€5,243 | +44.3% |
| Taxes | 450/3 | €11,841 | €12,591 | +€750 | +6.3% |
| Remuneration and social security | 454/9 | €0 | €4,493 | +€4,493 | |
| Other amounts payable | 47/48 | €9,329 | €36,208 | +€26,880 | +288% |
| Accrued charges and deferred income | 492/3 | €470 | €0 | -€470 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,505 | €28,505 | = | 0.0% |
| Other operating charges | 640/8 | €1,832 | €2,122 | +€289 | +15.8% |
| Gross operating margin | 9900 | €125,246 | €123,023 | -€2,222 | -1.8% |
| Operating profit (loss) | 9901 | €94,908 | €92,397 | -€2,512 | -2.6% |
| Financial income | 75/76B | €0 | €5 | +€5 | +4,033% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +4,033% |
| Financial charges | 65/66B | €5,060 | €1,046 | -€4,014 | -79.3% |
| Recurring financial charges | 65 | €5,060 | €1,046 | -€4,014 | -79.3% |
| Profit (loss) for the period before taxes | 9903 | €89,849 | €91,356 | +€1,508 | +1.7% |
| Income taxes | 67/77 | €18,976 | €19,625 | +€649 | +3.4% |
| Profit (loss) for the period | 9904 | €70,872 | €71,731 | +€858 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €70,872 | €71,731 | +€858 | +1.2% |
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 14 October 2026 via checked.be.