THYS HOUSING: 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 HOUSING
Largest movements
- Stocks and contracts +€888,911
up €888,911 (+33.4%), from €2.7m to €3.6m
- Tangible fixed assets -€337,095
down €337,095 (-77.0%), from €437,942 to €100,846
of which Other tangible fixed assets: -€290,400
- Receivables within one year -€170,837
down €170,837 (-14.6%), from €1.2m to €995,679
of which Other amounts receivable: -€314,571
- Cash -€109,982
down €109,982 (-35.2%), from €312,530 to €202,547
mainly Stocks and contracts (-€888,911) and Debts after one year (-€667,448)
- Short-term financial debts +€1.0m
up €1.0m (+53.8%), from €1.9m to €2.9m
- Debts after one year -€667,448
down €667,448 (-97.0%), from €687,760 to €20,312
- Other debts +€491,190
up €491,190 (+166%), from €296,116 to €787,307
- Reserves -€467,000
down €467,000 (-42.5%), from €1.1m to €631,000
- Trade debts -€153,747
down €153,747 (-46.6%), from €329,711 to €175,964
- Gross operating margin -€470,382
down €470,382 (-51.1%), from €920,969 to €450,587
- Taxes -€113,303
down €113,303 (-88.7%), from €127,784 to €14,481
- Depreciation -€33,376
down €33,376 (-28.8%), from €115,959 to €82,583
- Other operating charges +€10,241
up €10,241 (+141%), from €7,268 to €17,508
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 | €4,597,164 | €4,866,112 | +€268,948 | +5.9% |
| Fixed assets | 21/28 | €441,312 | €104,796 | -€336,516 | -76.3% |
| Tangible fixed assets | 22/27 | €437,942 | €100,846 | -€337,095 | -77.0% |
| Plant, machinery and equipment | 23 | €79,198 | €46,095 | -€33,103 | -41.8% |
| Furniture and vehicles | 24 | €48,872 | €20,510 | -€28,362 | -58.0% |
| Leasing and similar rights | 25 | €19,472 | €34,241 | +€14,769 | +75.8% |
| Other tangible fixed assets | 26 | €290,400 | - | -€290,400 | |
| Financial fixed assets | 28 | €3,370 | €3,950 | +€580 | +17.2% |
| Current assets | 29/58 | €4,155,852 | €4,761,315 | +€605,464 | +14.6% |
| Stocks and contracts in progress | 3 | €2,664,322 | €3,553,233 | +€888,911 | +33.4% |
| Stocks | 30/36 | €2,664,322 | €3,553,233 | +€888,911 | +33.4% |
| Amounts receivable within one year | 40/41 | €1,166,516 | €995,679 | -€170,837 | -14.6% |
| Trade receivables | 40 | €19,969 | €163,702 | +€143,733 | +720% |
| Other amounts receivable | 41 | €1,146,548 | €831,977 | -€314,571 | -27.4% |
| Cash at bank and in hand | 54/58 | €312,530 | €202,547 | -€109,982 | -35.2% |
| Deferred charges and accrued income | 490/1 | €12,483 | €9,856 | -€2,627 | -21.0% |
| Total equity and liabilities | 10/49 | €4,597,164 | €4,866,112 | +€268,948 | +5.9% |
| Equity | 10/15 | €1,118,818 | €651,974 | -€466,844 | -41.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €1,098,000 | €631,000 | -€467,000 | -42.5% |
| Distributable reserves | 133 | €1,098,000 | €631,000 | -€467,000 | -42.5% |
| Profit (loss) carried forward | 14 | €358 | €514 | +€156 | +43.5% |
| Amounts payable | 17/49 | €3,478,346 | €4,214,138 | +€735,792 | +21.2% |
| Amounts payable after more than one year | 17 | €687,760 | €20,312 | -€667,448 | -97.0% |
| Financial debts | 170/4 | €687,760 | €20,312 | -€667,448 | -97.0% |
| Amounts payable within one year | 42/48 | €2,783,131 | €4,163,846 | +€1.4m | +49.6% |
| Current portion of amounts payable after more than one year | 42 | €98,255 | €25,724 | -€72,531 | -73.8% |
| Financial debts | 43 | €1,915,540 | €2,945,393 | +€1.0m | +53.8% |
| Credit institutions | 430/8 | €1,915,540 | €2,945,393 | +€1.0m | +53.8% |
| Trade debts | 44 | €329,711 | €175,964 | -€153,747 | -46.6% |
| Suppliers | 440/4 | €329,711 | €175,964 | -€153,747 | -46.6% |
| Taxes, remuneration and social security | 45 | €143,509 | €229,458 | +€85,949 | +59.9% |
| Taxes | 450/3 | €131,716 | €207,732 | +€76,016 | +57.7% |
| Remuneration and social security | 454/9 | €11,793 | €21,725 | +€9,933 | +84.2% |
| Other amounts payable | 47/48 | €296,116 | €787,307 | +€491,190 | +166% |
| Accrued charges and deferred income | 492/3 | €7,455 | €29,981 | +€22,526 | +302% |
| Non-recurring operating income | 76A | - | €6,005 | +€6,005 | |
| Remuneration, social security and pensions | 62 | €145,024 | €149,869 | +€4,845 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,959 | €82,583 | -€33,376 | -28.8% |
| Other operating charges | 640/8 | €7,268 | €17,508 | +€10,241 | +141% |
| Gross operating margin | 9900 | €920,969 | €450,587 | -€470,382 | -51.1% |
| Operating profit (loss) | 9901 | €652,718 | €200,627 | -€452,091 | -69.3% |
| Financial income | 75/76B | €19,768 | €20,163 | +€395 | +2.0% |
| Recurring financial income | 75 | €19,768 | €20,163 | +€395 | +2.0% |
| Financial charges | 65/66B | €175,829 | €173,153 | -€2,675 | -1.5% |
| Recurring financial charges | 65 | €175,829 | €173,153 | -€2,675 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €496,657 | €47,636 | -€449,021 | -90.4% |
| Income taxes | 67/77 | €127,784 | €14,481 | -€113,303 | -88.7% |
| Profit (loss) for the period | 9904 | €368,874 | €33,156 | -€335,718 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €368,874 | €33,156 | -€335,718 | -91.0% |
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.