DE TREURWILG: 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.
DE TREURWILG
Largest movements
- Current investments +€754,125
up €754,125 (+393%), from €192,000 to €946,125
- Receivables after one year -€710,498
down €710,498 (-41.7%), from €1.7m to €995,300
- Receivables within one year -€517,954
down €517,954 (-56.6%), from €915,238 to €397,284
of which Other amounts receivable: -€522,455
- Cash +€64,707
up €64,707 (+44.7%), from €144,735 to €209,442
mainly Receivables after one year (+€710,498) and Receivables within one year (+€517,954)
- Reserves -€365,276
down €365,276 (-13.1%), from €2.8m to €2.4m
of which Distributable reserves: -€365,276
- Other debts -€35,602
down €35,602 (-81.9%), from €43,477 to €7,876
- Financial income -€13,385
down €13,385 (-26.9%), from €49,813 to €36,428
- Financial charges -€9,265
down €9,265 (-97.3%), from €9,520 to €255
- Taxes -€1,383
down €1,383 (-9.6%), from €14,385 to €13,002
- Other operating charges +€142
up €142 (+2.3%), from €6,291 to €6,434
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,060,668 | €2,649,130 | -€411,538 | -13.4% |
| Fixed assets | 21/28 | €100,978 | €100,978 | = | 0.0% |
| Tangible fixed assets | 22/27 | €100,978 | €100,978 | = | 0.0% |
| Land and buildings | 22 | €100,978 | €100,978 | = | 0.0% |
| Current assets | 29/58 | €2,959,689 | €2,548,151 | -€411,538 | -13.9% |
| Amounts receivable after more than one year | 29 | €1,705,798 | €995,300 | -€710,498 | -41.7% |
| Other amounts receivable | 291 | €1,705,798 | €995,300 | -€710,498 | -41.7% |
| Amounts receivable within one year | 40/41 | €915,238 | €397,284 | -€517,954 | -56.6% |
| Trade receivables | 40 | €305 | €4,806 | +€4,501 | +1,476% |
| Other amounts receivable | 41 | €914,933 | €392,478 | -€522,455 | -57.1% |
| Current investments | 50/53 | €192,000 | €946,125 | +€754,125 | +393% |
| Cash at bank and in hand | 54/58 | €144,735 | €209,442 | +€64,707 | +44.7% |
| Deferred charges and accrued income | 490/1 | €1,918 | - | -€1,918 | |
| Total equity and liabilities | 10/49 | €3,060,668 | €2,649,130 | -€411,538 | -13.4% |
| Equity | 10/15 | €3,005,193 | €2,639,917 | -€365,276 | -12.2% |
| Contributions | 10/11 | €210,709 | €210,709 | = | 0.0% |
| Capital | 10 | €210,709 | €210,709 | = | 0.0% |
| Issued capital | 100 | €210,709 | €210,709 | = | 0.0% |
| Revaluation surpluses | 12 | €4,750 | €4,750 | = | 0.0% |
| Reserves | 13 | €2,789,733 | €2,424,457 | -€365,276 | -13.1% |
| Non-distributable reserves | 130/1 | €46,307 | €46,307 | = | 0.0% |
| Legal reserve | 130 | €46,307 | €46,307 | = | 0.0% |
| Distributable reserves | 133 | €2,743,425 | €2,378,150 | -€365,276 | -13.3% |
| Amounts payable | 17/49 | €55,475 | €9,213 | -€46,262 | -83.4% |
| Amounts payable within one year | 42/48 | €48,831 | €9,213 | -€39,618 | -81.1% |
| Trade debts | 44 | €121 | €121 | = | 0.0% |
| Suppliers | 440/4 | €121 | €121 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,232 | €1,216 | -€4,016 | -76.8% |
| Taxes | 450/3 | €5,232 | €1,216 | -€4,016 | -76.8% |
| Other amounts payable | 47/48 | €43,477 | €7,876 | -€35,602 | -81.9% |
| Accrued charges and deferred income | 492/3 | €6,644 | - | -€6,644 | |
| Other operating charges | 640/8 | €6,291 | €6,434 | +€142 | +2.3% |
| Gross operating margin | 9900 | €11,054 | €11,124 | +€70 | +0.6% |
| Operating profit (loss) | 9901 | €4,763 | €4,690 | -€73 | -1.5% |
| Financial income | 75/76B | €49,813 | €36,428 | -€13,385 | -26.9% |
| Recurring financial income | 75 | €49,813 | €36,428 | -€13,385 | -26.9% |
| Financial charges | 65/66B | €9,520 | €255 | -€9,265 | -97.3% |
| Recurring financial charges | 65 | €9,520 | €255 | -€9,265 | -97.3% |
| Profit (loss) for the period before taxes | 9903 | €45,055 | €40,863 | -€4,192 | -9.3% |
| Income taxes | 67/77 | €14,385 | €13,002 | -€1,383 | -9.6% |
| Profit (loss) for the period | 9904 | €30,671 | €27,861 | -€2,809 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,671 | €27,861 | -€2,809 | -9.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.