THYRION RETAIL: 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 RETAIL
Largest movements
- Tangible fixed assets -€16,195
down €16,195 (-24.2%), from €66,890 to €50,695
of which Furniture and vehicles: -€15,436
- Cash +€7,909
up €7,909 (+9.1%), from €86,860 to €94,768
mainly Depreciation (+€16,986) and Net result for the year (+€13,569)
- Deferred charges and accrued income +€3,231
up €3,231 (+53.9%), from €5,998 to €9,229
- Debts after one year -€13,958
down €13,958 (-32.3%), from €43,160 to €29,202
- Profit (loss) carried forward +€13,389
up €13,389 (+220%), from €6,074 to €19,463
- Short-term financial debts -€8,466
down €8,466 (-15.6%), from €54,366 to €45,900
- Tax, wage and social debts +€4,533
up €4,533 (+17.4%), from €26,070 to €30,603
of which Remuneration and social security: +€4,376
- Staff costs -€23,547
down €23,547 (-11.3%), from €208,273 to €184,726
- Financial income -€18,191
no longer reported in 2025 (was €18,191)
of which Financial income: -€18,191
- Gross operating margin -€15,977
down €15,977 (-6.8%), from €234,709 to €218,732
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 | €160,110 | €155,055 | -€5,056 | -3.2% |
| Fixed assets | 21/28 | €67,253 | €51,058 | -€16,195 | -24.1% |
| Tangible fixed assets | 22/27 | €66,890 | €50,695 | -€16,195 | -24.2% |
| Plant, machinery and equipment | 23 | €3,036 | €2,277 | -€759 | -25.0% |
| Furniture and vehicles | 24 | €63,854 | €48,418 | -€15,436 | -24.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €92,857 | €103,997 | +€11,140 | +12.0% |
| Cash at bank and in hand | 54/58 | €86,860 | €94,768 | +€7,909 | +9.1% |
| Deferred charges and accrued income | 490/1 | €5,998 | €9,229 | +€3,231 | +53.9% |
| Total equity and liabilities | 10/49 | €160,110 | €155,055 | -€5,056 | -3.2% |
| Equity | 10/15 | €11,394 | €24,963 | +€13,569 | +119% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €320 | €500 | +€180 | +56.4% |
| Non-distributable reserves | 130/1 | €320 | €500 | +€180 | +56.4% |
| Reserves not available under the articles | 1311 | €320 | €500 | +€180 | +56.4% |
| Profit (loss) carried forward | 14 | €6,074 | €19,463 | +€13,389 | +220% |
| Amounts payable | 17/49 | €148,716 | €130,092 | -€18,625 | -12.5% |
| Amounts payable after more than one year | 17 | €43,160 | €29,202 | -€13,958 | -32.3% |
| Financial debts | 170/4 | €43,160 | €29,202 | -€13,958 | -32.3% |
| Amounts payable within one year | 42/48 | €105,557 | €100,890 | -€4,667 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €13,411 | €13,958 | +€546 | +4.1% |
| Financial debts | 43 | €54,366 | €45,900 | -€8,466 | -15.6% |
| Credit institutions | 430/8 | €54,366 | €45,900 | -€8,466 | -15.6% |
| Trade debts | 44 | €11,710 | €10,429 | -€1,281 | -10.9% |
| Suppliers | 440/4 | €11,710 | €10,429 | -€1,281 | -10.9% |
| Taxes, remuneration and social security | 45 | €26,070 | €30,603 | +€4,533 | +17.4% |
| Taxes | 450/3 | €10,501 | €10,658 | +€157 | +1.5% |
| Remuneration and social security | 454/9 | €15,569 | €19,944 | +€4,376 | +28.1% |
| Remuneration, social security and pensions | 62 | €208,273 | €184,726 | -€23,547 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,723 | €16,986 | +€264 | +1.6% |
| Other operating charges | 640/8 | €625 | €202 | -€423 | -67.7% |
| Gross operating margin | 9900 | €234,709 | €218,732 | -€15,977 | -6.8% |
| Operating profit (loss) | 9901 | €9,088 | €16,818 | +€7,729 | +85.0% |
| Financial income | 75/76B | €18,191 | - | -€18,191 | |
| Recurring financial income | 75 | €18,191 | - | -€18,191 | |
| Non-recurring financial income | 76B | €18,191 | - | -€18,191 | |
| Financial charges | 65/66B | €2,950 | €3,248 | +€299 | +10.1% |
| Recurring financial charges | 65 | €2,950 | €3,248 | +€299 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €24,330 | €13,569 | -€10,761 | -44.2% |
| Income taxes | 67/77 | €286 | - | -€286 | |
| Profit (loss) for the period | 9904 | €24,044 | €13,569 | -€10,475 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,044 | €13,569 | -€10,475 | -43.6% |
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 30 October 2026 via checked.be.