ZIMMER THIOUX: 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.
ZIMMER THIOUX
Largest movements
- Cash +€25,459
up €25,459 (+53.9%), from €47,228 to €72,686
mainly Debts after one year (+€69,538) and Net result for the year (+€44,574)
- Receivables within one year -€12,147
down €12,147 (-37.0%), from €32,858 to €20,711
of which Trade receivables: -€20,674
- Other debts -€124,260
down €124,260 (-67.6%), from €183,702 to €59,443
- Debts after one year +€69,538
up €69,538 (+40.5%), from €171,908 to €241,446
- Profit (loss) carried forward +€44,574
up €44,574, from -€8,879 to €35,695
- Tax, wage and social debts +€17,658
up €17,658 (+71.6%), from €24,666 to €42,324
of which Taxes: +€10,946
- Current portion of long-term debt +€12,706
up €12,706 (+29.5%), from €43,109 to €55,816
- Gross operating margin +€98,421
up €98,421 (+69.7%), from €141,229 to €239,651
- Staff costs +€24,859
up €24,859 (+23.6%), from €105,137 to €129,996
- Depreciation +€9,619
up €9,619 (+28.0%), from €34,397 to €44,016
- Taxes +€5,600
up €5,600, from €0 to €5,600
- Financial charges +€3,477
up €3,477 (+37.9%), from €9,161 to €12,638
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 | €526,664 | €536,916 | +€10,252 | +1.9% |
| Fixed assets | 21/28 | €427,431 | €421,972 | -€5,459 | -1.3% |
| Tangible fixed assets | 22/27 | €426,504 | €421,678 | -€4,826 | -1.1% |
| Land and buildings | 22 | €173,271 | €164,793 | -€8,477 | -4.9% |
| Plant, machinery and equipment | 23 | €239,111 | €244,049 | +€4,938 | +2.1% |
| Furniture and vehicles | 24 | €14,122 | €12,836 | -€1,287 | -9.1% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €926 | €294 | -€632 | -68.3% |
| Current assets | 29/58 | €99,233 | €114,943 | +€15,710 | +15.8% |
| Stocks and contracts in progress | 3 | €18,350 | €18,172 | -€178 | -1.0% |
| Stocks | 30/36 | €18,350 | €18,172 | -€178 | -1.0% |
| Amounts receivable within one year | 40/41 | €32,858 | €20,711 | -€12,147 | -37.0% |
| Trade receivables | 40 | €23,967 | €3,293 | -€20,674 | -86.3% |
| Other amounts receivable | 41 | €8,891 | €17,418 | +€8,527 | +95.9% |
| Cash at bank and in hand | 54/58 | €47,228 | €72,686 | +€25,459 | +53.9% |
| Deferred charges and accrued income | 490/1 | €798 | €3,374 | +€2,576 | +323% |
| Total equity and liabilities | 10/49 | €526,664 | €536,916 | +€10,252 | +1.9% |
| Equity | 10/15 | €56,121 | €100,695 | +€44,574 | +79.4% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,879 | €35,695 | +€44,574 | |
| Amounts payable | 17/49 | €470,543 | €436,220 | -€34,322 | -7.3% |
| Amounts payable after more than one year | 17 | €171,908 | €241,446 | +€69,538 | +40.5% |
| Financial debts | 170/4 | €171,908 | €241,446 | +€69,538 | +40.5% |
| Amounts payable within one year | 42/48 | €298,634 | €194,774 | -€103,860 | -34.8% |
| Current portion of amounts payable after more than one year | 42 | €43,109 | €55,816 | +€12,706 | +29.5% |
| Financial debts | 43 | €14 | €9 | -€5 | -37.1% |
| Credit institutions | 430/8 | €14 | €9 | -€5 | -37.1% |
| Trade debts | 44 | €41,974 | €37,183 | -€4,791 | -11.4% |
| Suppliers | 440/4 | €41,974 | €37,183 | -€4,791 | -11.4% |
| Advances received on contracts in progress | 46 | €5,169 | €0 | -€5,169 | -100% |
| Taxes, remuneration and social security | 45 | €24,666 | €42,324 | +€17,658 | +71.6% |
| Taxes | 450/3 | €11,244 | €22,190 | +€10,946 | +97.3% |
| Remuneration and social security | 454/9 | €13,422 | €20,134 | +€6,712 | +50.0% |
| Other amounts payable | 47/48 | €183,702 | €59,443 | -€124,260 | -67.6% |
| Remuneration, social security and pensions | 62 | €105,137 | €129,996 | +€24,859 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,397 | €44,016 | +€9,619 | +28.0% |
| Other operating charges | 640/8 | €5,097 | €3,349 | -€1,748 | -34.3% |
| Gross operating margin | 9900 | €141,229 | €239,651 | +€98,421 | +69.7% |
| Operating profit (loss) | 9901 | -€3,402 | €62,291 | +€65,692 | |
| Financial income | 75/76B | €270 | €521 | +€251 | +93.2% |
| Recurring financial income | 75 | €270 | €521 | +€251 | +93.2% |
| Financial charges | 65/66B | €9,161 | €12,638 | +€3,477 | +37.9% |
| Recurring financial charges | 65 | €9,161 | €12,638 | +€3,477 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,293 | €50,174 | +€62,467 | |
| Income taxes | 67/77 | €0 | €5,600 | +€5,600 | |
| Profit (loss) for the period | 9904 | -€12,293 | €44,574 | +€56,867 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,293 | €44,574 | +€56,867 |
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.