THYS PROJECTS: 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 PROJECTS
Largest movements
- Receivables within one year +€1,152
up €1,152 (+5.7%), from €20,239 to €21,391
- Cash -€310
down €310 (-72.1%), from €430 to €120
mainly Net result for the year (-€2,948) and Receivables within one year (-€1,152)
- Profit (loss) carried forward -€2,948
down €2,948 (-15.3%), from -€19,276 to -€22,224
- Trade debts +€2,444
up €2,444 (+32.4%), from €7,544 to €9,989
- Other debts +€1,705
up €1,705 (+37.5%), from €4,542 to €6,247
- Tax, wage and social debts -€359
no longer reported in 2025 (was €359)
- Other operating charges -€385
down €385 (-76.3%), from €505 to €120
- Gross operating margin +€319
up €319 (+10.8%), from -€2,957 to -€2,638
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 | €20,669 | €21,511 | +€842 | +4.1% |
| Current assets | 29/58 | €20,669 | €21,511 | +€842 | +4.1% |
| Amounts receivable within one year | 40/41 | €20,239 | €21,391 | +€1,152 | +5.7% |
| Other amounts receivable | 41 | €20,239 | €21,391 | +€1,152 | +5.7% |
| Cash at bank and in hand | 54/58 | €430 | €120 | -€310 | -72.1% |
| Total equity and liabilities | 10/49 | €20,669 | €21,511 | +€842 | +4.1% |
| Equity | 10/15 | €8,224 | €5,276 | -€2,948 | -35.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,276 | -€22,224 | -€2,948 | -15.3% |
| Amounts payable | 17/49 | €12,445 | €16,235 | +€3,790 | +30.5% |
| Amounts payable within one year | 42/48 | €12,445 | €16,235 | +€3,790 | +30.5% |
| Trade debts | 44 | €7,544 | €9,989 | +€2,444 | +32.4% |
| Suppliers | 440/4 | €7,544 | €9,989 | +€2,444 | +32.4% |
| Taxes, remuneration and social security | 45 | €359 | - | -€359 | |
| Taxes | 450/3 | €359 | - | -€359 | |
| Other amounts payable | 47/48 | €4,542 | €6,247 | +€1,705 | +37.5% |
| Other operating charges | 640/8 | €505 | €120 | -€385 | -76.3% |
| Gross operating margin | 9900 | -€2,957 | -€2,638 | +€319 | +10.8% |
| Operating profit (loss) | 9901 | -€3,462 | -€2,758 | +€704 | +20.3% |
| Financial charges | 65/66B | €161 | €190 | +€29 | +18.0% |
| Recurring financial charges | 65 | €161 | €190 | +€29 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,623 | -€2,948 | +€675 | +18.6% |
| Profit (loss) for the period | 9904 | -€3,623 | -€2,948 | +€675 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,623 | -€2,948 | +€675 | +18.6% |
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 15 October 2026 via checked.be.