THYRION ASCENDING: 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.
THYRION ASCENDING
Largest movements
- Receivables within one year -€3,153
no longer reported in 2025 (was €3,153)
of which Trade receivables: -€2,166
- Cash +€290
up €290 (+80.9%), from €359 to €649
mainly Net result for the year (+€15,406) and Receivables within one year (+€3,153)
- Profit (loss) carried forward +€15,406
up €15,406 (+7.4%), from -€207,876 to -€192,470
- Other debts -€13,547
down €13,547 (-7.4%), from €183,874 to €170,327
- Trade debts -€7,021
no longer reported in 2025 (was €7,021)
- Tax, wage and social debts +€2,299
up €2,299 (+6,896%), from €33 to €2,333
- Gross operating margin +€15,948
up €15,948, from -€494 to €15,454
- Purchases and services -€5,007
no longer reported in 2025 (was €5,007)
- Turnover -€4,513
no longer reported in 2025 (was €4,513)
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 | €3,512 | €649 | -€2,863 | -81.5% |
| Current assets | 29/58 | €3,512 | €649 | -€2,863 | -81.5% |
| Amounts receivable within one year | 40/41 | €3,153 | - | -€3,153 | |
| Trade receivables | 40 | €2,166 | - | -€2,166 | |
| Other amounts receivable | 41 | €987 | - | -€987 | |
| Cash at bank and in hand | 54/58 | €359 | €649 | +€290 | +80.9% |
| Total equity and liabilities | 10/49 | €3,512 | €649 | -€2,863 | -81.5% |
| Equity | 10/15 | -€187,416 | -€172,010 | +€15,406 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€207,876 | -€192,470 | +€15,406 | +7.4% |
| Amounts payable | 17/49 | €190,928 | €172,659 | -€18,269 | -9.6% |
| Amounts payable within one year | 42/48 | €190,928 | €172,659 | -€18,269 | -9.6% |
| Trade debts | 44 | €7,021 | - | -€7,021 | |
| Suppliers | 440/4 | €7,021 | - | -€7,021 | |
| Taxes, remuneration and social security | 45 | €33 | €2,333 | +€2,299 | +6,896% |
| Taxes | 450/3 | €33 | €2,333 | +€2,299 | +6,896% |
| Other amounts payable | 47/48 | €183,874 | €170,327 | -€13,547 | -7.4% |
| Turnover | 70 | €4,513 | - | -€4,513 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,007 | - | -€5,007 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102 | - | -€102 | |
| Gross operating margin | 9900 | -€494 | €15,454 | +€15,948 | |
| Operating profit (loss) | 9901 | -€596 | €15,454 | +€16,050 | |
| Financial charges | 65/66B | €59 | €48 | -€11 | -18.1% |
| Recurring financial charges | 65 | €59 | €48 | -€11 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€655 | €15,406 | +€16,061 | |
| Profit (loss) for the period | 9904 | -€655 | €15,406 | +€16,061 | |
| Profit (loss) for the period to be appropriated | 9905 | -€655 | €15,406 | +€16,061 |
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 18 October 2026 via checked.be.