DTreguier: 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.
DTreguier
Largest movements
- Receivables after one year +€40,418
new in 2025: €40,418
- Cash +€26,742
up €26,742 (+18.2%), from €147,046 to €173,788
mainly Net result for the year (+€75,047) and Receivables within one year (+€20,380)
- Receivables within one year -€20,380
down €20,380 (-97.6%), from €20,879 to €499
of which Other amounts receivable: -€18,125
- Tangible fixed assets +€6,632
up €6,632 (+26.9%), from €24,663 to €31,294
of which Assets under construction and advance payments: +€8,000
- Reserves +€74,500
up €74,500 (+62.1%), from €120,000 to €194,500
- Tax, wage and social debts -€22,074
down €22,074 (-33.5%), from €65,956 to €43,881
of which Taxes: -€22,082
- Gross operating margin -€69,651
down €69,651 (-37.6%), from €185,005 to €115,354
- Taxes -€22,082
down €22,082 (-40.9%), from €53,957 to €31,875
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 | €194,094 | €246,899 | +€52,805 | +27.2% |
| Fixed assets | 21/28 | €25,563 | €32,194 | +€6,632 | +25.9% |
| Tangible fixed assets | 22/27 | €24,663 | €31,294 | +€6,632 | +26.9% |
| Land and buildings | 22 | €5,788 | €5,144 | -€644 | -11.1% |
| Furniture and vehicles | 24 | €18,874 | €18,150 | -€724 | -3.8% |
| Assets under construction and advance payments | 27 | - | €8,000 | +€8,000 | |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €168,531 | €214,705 | +€46,174 | +27.4% |
| Amounts receivable after more than one year | 29 | - | €40,418 | +€40,418 | |
| Other amounts receivable | 291 | - | €40,418 | +€40,418 | |
| Amounts receivable within one year | 40/41 | €20,879 | €499 | -€20,380 | -97.6% |
| Trade receivables | 40 | €2,754 | €499 | -€2,255 | -81.9% |
| Other amounts receivable | 41 | €18,125 | - | -€18,125 | |
| Cash at bank and in hand | 54/58 | €147,046 | €173,788 | +€26,742 | +18.2% |
| Deferred charges and accrued income | 490/1 | €605 | - | -€605 | |
| Total equity and liabilities | 10/49 | €194,094 | €246,899 | +€52,805 | +27.2% |
| Equity | 10/15 | €127,264 | €202,311 | +€75,047 | +59.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €120,000 | €194,500 | +€74,500 | +62.1% |
| Distributable reserves | 133 | €120,000 | €194,500 | +€74,500 | +62.1% |
| Profit (loss) carried forward | 14 | €4,264 | €4,811 | +€547 | +12.8% |
| Amounts payable | 17/49 | €66,830 | €44,588 | -€22,241 | -33.3% |
| Amounts payable within one year | 42/48 | €66,830 | €44,588 | -€22,241 | -33.3% |
| Trade debts | 44 | €874 | €707 | -€167 | -19.1% |
| Suppliers | 440/4 | €874 | €707 | -€167 | -19.1% |
| Taxes, remuneration and social security | 45 | €65,956 | €43,881 | -€22,074 | -33.5% |
| Taxes | 450/3 | €62,456 | €40,374 | -€22,082 | -35.4% |
| Remuneration and social security | 454/9 | €3,500 | €3,508 | +€8 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,503 | €3,428 | +€926 | +37.0% |
| Other operating charges | 640/8 | €511 | €780 | +€269 | +52.7% |
| Gross operating margin | 9900 | €185,005 | €115,354 | -€69,651 | -37.6% |
| Operating profit (loss) | 9901 | €181,991 | €111,145 | -€70,846 | -38.9% |
| Financial income | 75/76B | €8 | €2 | -€6 | -80.3% |
| Recurring financial income | 75 | €8 | €2 | -€6 | -80.3% |
| Financial charges | 65/66B | €3,778 | €4,225 | +€446 | +11.8% |
| Recurring financial charges | 65 | €3,778 | €4,225 | +€446 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €178,221 | €106,922 | -€71,299 | -40.0% |
| Income taxes | 67/77 | €53,957 | €31,875 | -€22,082 | -40.9% |
| Profit (loss) for the period | 9904 | €124,264 | €75,047 | -€49,217 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €124,264 | €75,047 | -€49,217 | -39.6% |
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 25 October 2026 via checked.be.