VAN THIELEN TECHNICAL SUPPORT: 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.
VAN THIELEN TECHNICAL SUPPORT
Largest movements
- Receivables within one year -€7,520
down €7,520 (-33.6%), from €22,384 to €14,864
of which Other amounts receivable: -€3,911
- Cash +€3,600
up €3,600 (+66.9%), from €5,381 to €8,981
mainly Receivables within one year (+€7,520) and Receivables after one year (+€3,000)
- Receivables after one year -€3,000
down €3,000 (-27.3%), from €11,000 to €8,000
- Tangible fixed assets +€510
up €510 (+10.2%), from €4,981 to €5,491
of which Plant, machinery and equipment: +€762
- Reserves -€5,128
down €5,128 (-20.1%), from €25,466 to €20,339
- Tax, wage and social debts -€1,189
down €1,189 (-34.4%), from €3,456 to €2,267
- Trade debts -€513
down €513 (-18.6%), from €2,758 to €2,245
- Gross operating margin +€2,335
up €2,335 (+98.0%), from €2,382 to €4,716
- Depreciation +€738
up €738 (+58.4%), from €1,265 to €2,003
- Taxes +€307
up €307 (+153%), from €201 to €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 | €44,080 | €37,395 | -€6,685 | -15.2% |
| Fixed assets | 21/28 | €4,981 | €5,491 | +€510 | +10.2% |
| Tangible fixed assets | 22/27 | €4,981 | €5,491 | +€510 | +10.2% |
| Plant, machinery and equipment | 23 | €3,885 | €4,648 | +€762 | +19.6% |
| Furniture and vehicles | 24 | €1,095 | €843 | -€252 | -23.0% |
| Current assets | 29/58 | €39,100 | €31,904 | -€7,196 | -18.4% |
| Amounts receivable after more than one year | 29 | €11,000 | €8,000 | -€3,000 | -27.3% |
| Other amounts receivable | 291 | €11,000 | €8,000 | -€3,000 | -27.3% |
| Amounts receivable within one year | 40/41 | €22,384 | €14,864 | -€7,520 | -33.6% |
| Trade receivables | 40 | €17,358 | €13,750 | -€3,609 | -20.8% |
| Other amounts receivable | 41 | €5,025 | €1,114 | -€3,911 | -77.8% |
| Cash at bank and in hand | 54/58 | €5,381 | €8,981 | +€3,600 | +66.9% |
| Deferred charges and accrued income | 490/1 | €334 | €59 | -€276 | -82.4% |
| Total equity and liabilities | 10/49 | €44,080 | €37,395 | -€6,685 | -15.2% |
| Equity | 10/15 | €37,866 | €32,739 | -€5,128 | -13.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €25,466 | €20,339 | -€5,128 | -20.1% |
| Distributable reserves | 133 | €25,466 | €20,339 | -€5,128 | -20.1% |
| Amounts payable | 17/49 | €6,214 | €4,656 | -€1,558 | -25.1% |
| Amounts payable within one year | 42/48 | €6,214 | €4,656 | -€1,558 | -25.1% |
| Trade debts | 44 | €2,758 | €2,245 | -€513 | -18.6% |
| Suppliers | 440/4 | €2,758 | €2,245 | -€513 | -18.6% |
| Taxes, remuneration and social security | 45 | €3,456 | €2,267 | -€1,189 | -34.4% |
| Taxes | 450/3 | €3,456 | €2,267 | -€1,189 | -34.4% |
| Other amounts payable | 47/48 | - | €144 | +€144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,265 | €2,003 | +€738 | +58.4% |
| Other operating charges | 640/8 | €505 | €524 | +€18 | +3.6% |
| Gross operating margin | 9900 | €2,382 | €4,716 | +€2,335 | +98.0% |
| Operating profit (loss) | 9901 | €611 | €2,189 | +€1,578 | +258% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €187 | €180 | -€7 | -3.5% |
| Recurring financial charges | 65 | €187 | €180 | -€7 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €429 | €2,009 | +€1,579 | +368% |
| Income taxes | 67/77 | €201 | €508 | +€307 | +153% |
| Profit (loss) for the period | 9904 | €228 | €1,500 | +€1,272 | +557% |
| Profit (loss) for the period to be appropriated | 9905 | €228 | €1,500 | +€1,272 | +557% |
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 13 October 2026 via checked.be.