THYS BALLONVAARTEN: 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.
THYS BALLONVAARTEN
Largest movements
- Tangible fixed assets -€1,103
down €1,103 (-20.8%), from €5,316 to €4,212
- Receivables within one year +€390
up €390 (+78.3%), from €498 to €888
- Profit (loss) carried forward -€7,553
down €7,553 (-38.4%), from -€19,658 to -€27,211
- Other debts +€6,897
up €6,897 (+27.9%), from €24,737 to €31,634
- Depreciation +€702
up €702 (+175%), from €401 to €1,103
- Gross operating margin -€320
down €320 (-5.2%), from -€6,130 to -€6,450
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 | €10,079 | €9,423 | -€656 | -6.5% |
| Fixed assets | 21/28 | €5,316 | €4,212 | -€1,103 | -20.8% |
| Tangible fixed assets | 22/27 | €5,316 | €4,212 | -€1,103 | -20.8% |
| Plant, machinery and equipment | 23 | €5,316 | €4,212 | -€1,103 | -20.8% |
| Current assets | 29/58 | €4,763 | €5,211 | +€448 | +9.4% |
| Amounts receivable within one year | 40/41 | €498 | €888 | +€390 | +78.3% |
| Other amounts receivable | 41 | €498 | €888 | +€390 | +78.3% |
| Cash at bank and in hand | 54/58 | €4,265 | €4,323 | +€58 | +1.4% |
| Total equity and liabilities | 10/49 | €10,079 | €9,423 | -€656 | -6.5% |
| Equity | 10/15 | -€14,658 | -€22,211 | -€7,553 | -51.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,658 | -€27,211 | -€7,553 | -38.4% |
| Amounts payable | 17/49 | €24,737 | €31,634 | +€6,897 | +27.9% |
| Amounts payable within one year | 42/48 | €24,737 | €31,634 | +€6,897 | +27.9% |
| Other amounts payable | 47/48 | €24,737 | €31,634 | +€6,897 | +27.9% |
| Non-recurring operating income | 76A | €2,240 | €1,486 | -€754 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €401 | €1,103 | +€702 | +175% |
| Gross operating margin | 9900 | -€6,130 | -€6,450 | -€320 | -5.2% |
| Operating profit (loss) | 9901 | -€6,531 | -€7,553 | -€1,023 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,531 | -€7,553 | -€1,023 | -15.7% |
| Profit (loss) for the period | 9904 | -€6,531 | -€7,553 | -€1,023 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,531 | -€7,553 | -€1,023 | -15.7% |
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 16 October 2026 via checked.be.