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THYPE: 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.

What changed

THYPE

BE 0471.422.968
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€31,819
2024 · €58,434-€90,253
Equity
€52,725
2024 · €84,544-€31,819
Cash
€98,745
2024 · €110,832-€12,087
Balance sheet total
€109,305
2024 · €124,973-€15,668

Largest movements

2024 to 2025
Assets
  • Cash -€12,087

    down €12,087 (-10.9%), from €110,832 to €98,745

    mainly Net result for the year (-€31,819) and Receivables within one year (-€1,374)

  • Tangible fixed assets -€2,858

    down €2,858 (-29.2%), from €9,798 to €6,940

    of which Land and buildings: -€1,705

  • Deferred charges and accrued income -€2,097

    down €2,097 (-48.3%), from €4,343 to €2,246

  • Receivables within one year +€1,374

    new in 2025: €1,374

Equity and liabilities
  • Reserves -€16,138

    down €16,138 (-20.6%), from €78,344 to €62,206

  • Profit (loss) carried forward -€15,681

    new in 2025: -€15,681

  • Short-term financial debts +€9,816

    new in 2025: €9,816

  • Other debts +€4,525

    up €4,525 (+11.8%), from €38,320 to €42,844

  • Trade debts +€1,428

    up €1,428 (+133%), from €1,073 to €2,502

Income statement
  • Financial income -€151,825

    down €151,825 (-99.8%), from €152,079 to €254

    of which Financial income: -€151,725

  • Gross operating margin +€43,636

    up €43,636 (+65.3%), from -€66,807 to -€23,172

  • Financial charges -€14,912

    down €14,912 (-77.8%), from €19,169 to €4,257

    of which Non-recurring financial charges: -€15,336

  • Taxes -€1,820

    down €1,820 (-81.0%), from €2,249 to €428

  • Depreciation -€1,284

    down €1,284 (-31.0%), from €4,142 to €2,858

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €58,434
Gross operating margin +€43,636
Depreciation +€1,284
Other operating charges -€79
Financial income -€151,825
Financial charges +€14,912
Taxes +€1,820
Result 2025 -€31,819
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€21,903
Investment €0
Financing +€9,816
Cash 2024 €110,832
Net result for the year -€31,819
Depreciation +€2,858
Receivables within one year -€1,374
Deferred charges and accrued income +€2,097
Trade debts +€1,428
Tax, wage and social debts +€381
Other debts +€4,525
Short-term financial debts +€9,816
Cash 2025 €98,745
brings cash intakes cash out
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €124,973 €109,305 -€15,668 -12.5%
Fixed assets 21/28 €9,798 €6,940 -€2,858 -29.2%
Tangible fixed assets 22/27 €9,798 €6,940 -€2,858 -29.2%
Land and buildings 22 €7,428 €5,723 -€1,705 -23.0%
Furniture and vehicles 24 €2,371 €1,217 -€1,153 -48.6%
Current assets 29/58 €115,175 €102,365 -€12,810 -11.1%
Amounts receivable within one year 40/41 - €1,374 +€1,374
Trade receivables 40 - €1,374 +€1,374
Cash at bank and in hand 54/58 €110,832 €98,745 -€12,087 -10.9%
Deferred charges and accrued income 490/1 €4,343 €2,246 -€2,097 -48.3%
Total equity and liabilities 10/49 €124,973 €109,305 -€15,668 -12.5%
Equity 10/15 €84,544 €52,725 -€31,819 -37.6%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €78,344 €62,206 -€16,138 -20.6%
Distributable reserves 133 €78,344 €62,206 -€16,138 -20.6%
Profit (loss) carried forward 14 - -€15,681 -€15,681
Amounts payable 17/49 €40,430 €56,580 +€16,151 +39.9%
Amounts payable within one year 42/48 €40,430 €56,580 +€16,151 +39.9%
Financial debts 43 - €9,816 +€9,816
Credit institutions 430/8 - €9,816 +€9,816
Trade debts 44 €1,073 €2,502 +€1,428 +133%
Suppliers 440/4 €1,073 €2,502 +€1,428 +133%
Taxes, remuneration and social security 45 €1,037 €1,418 +€381 +36.8%
Taxes 450/3 €1,037 €1,418 +€381 +36.8%
Other amounts payable 47/48 €38,320 €42,844 +€4,525 +11.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,142 €2,858 -€1,284 -31.0%
Other operating charges 640/8 €1,278 €1,357 +€79 +6.2%
Gross operating margin 9900 -€66,807 -€23,172 +€43,636 +65.3%
Operating profit (loss) 9901 -€72,227 -€27,387 +€44,840 +62.1%
Financial income 75/76B €152,079 €254 -€151,825 -99.8%
Recurring financial income 75 €151,979 €254 -€151,725 -99.8%
Non-recurring financial income 76B €100 - -€100
Financial charges 65/66B €19,169 €4,257 -€14,912 -77.8%
Recurring financial charges 65 €3,833 €4,257 +€424 +11.1%
Non-recurring financial charges 66B €15,336 - -€15,336
Profit (loss) for the period before taxes 9903 €60,683 -€31,391 -€92,073
Income taxes 67/77 €2,249 €428 -€1,820 -81.0%
Profit (loss) for the period 9904 €58,434 -€31,819 -€90,253
Profit (loss) for the period to be appropriated 9905 €58,434 -€31,819 -€90,253

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 20 October 2026 via checked.be.