LE TREMA: what changed
Two fiscal 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.
LE TREMA
Largest movements
- Receivables within one year +€80,269
up €80,269 (+40.4%), from €198,551 to €278,820
of which Other amounts receivable: +€81,501
- Cash -€28,016
down €28,016 (-77.8%), from €36,004 to €7,988
mainly Receivables within one year (-€80,269) and Other debts (-€34,400)
- Stocks and contracts +€15,777
up €15,777 (+83.6%), from €18,880 to €34,657
- Tangible fixed assets -€8,597
down €8,597 (-39.8%), from €21,625 to €13,028
of which Furniture and vehicles: -€7,600
- Profit (loss) carried forward +€105,889
up €105,889 (+98.2%), from €107,833 to €213,722
- Other debts -€34,400
down €34,400 (-27.6%), from €124,767 to €90,368
- Tax, wage and social debts -€4,875
down €4,875 (-14.8%), from €32,889 to €28,014
- Current portion of long-term debt -€4,079
down €4,079 (-100.0%), from €4,079 to €0
- Financial income +€96,230
up €96,230 (+976.9%), from €9,850 to €106,080
- Gross operating margin -€24,734
down €24,734 (-44.5%), from €55,539 to €30,805
- Other operating charges +€4,150
up €4,150 (+127.2%), from €3,261 to €7,411
- Depreciation -€3,600
down €3,600 (-26.1%), from €13,810 to €10,211
- Financial charges +€2,760
up €2,760 (+948.8%), from €291 to €3,051
From the 2021 result to the 2022 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.
Cash bridge derived
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €286,941 | €348,322 | +€61,381 | +21.4% |
| Fixed assets | 21/28 | €32,296 | €23,699 | -€8,597 | -26.6% |
| Tangible fixed assets | 22/27 | €21,625 | €13,028 | -€8,597 | -39.8% |
| Furniture and vehicles | 24 | €20,628 | €13,028 | -€7,600 | -36.8% |
| Other tangible fixed assets | 26 | €997 | €0 | -€997 | -100.0% |
| Financial fixed assets | 28 | €10,671 | €10,671 | = | 0.0% |
| Current assets | 29/58 | €254,645 | €324,623 | +€69,978 | +27.5% |
| Stocks and contracts in progress | 3 | €18,880 | €34,657 | +€15,777 | +83.6% |
| Stocks | 30/36 | €18,880 | €34,657 | +€15,777 | +83.6% |
| Amounts receivable within one year | 40/41 | €198,551 | €278,820 | +€80,269 | +40.4% |
| Trade receivables | 40 | €1,232 | €0 | -€1,232 | -100.0% |
| Other amounts receivable | 41 | €197,319 | €278,820 | +€81,501 | +41.3% |
| Cash at bank and in hand | 54/58 | €36,004 | €7,988 | -€28,016 | -77.8% |
| Deferred charges and accrued income | 490/1 | €1,210 | €3,158 | +€1,948 | +160.9% |
| Total equity and liabilities | 10/49 | €286,941 | €348,322 | +€61,381 | +21.4% |
| Equity | 10/15 | €122,093 | €227,982 | +€105,889 | +86.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,833 | €213,722 | +€105,889 | +98.2% |
| Amounts payable | 17/49 | €164,848 | €120,340 | -€44,508 | -27.0% |
| Amounts payable after more than one year | 17 | €2,079 | €0 | -€2,079 | -100.0% |
| Financial debts | 170/4 | €2,079 | €0 | -€2,079 | -100.0% |
| Amounts payable within one year | 42/48 | €162,769 | €120,340 | -€42,429 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €4,079 | €0 | -€4,079 | -100.0% |
| Trade debts | 44 | €1,033 | €1,958 | +€925 | +89.6% |
| Suppliers | 440/4 | €1,033 | €1,958 | +€925 | +89.6% |
| Taxes, remuneration and social security | 45 | €32,889 | €28,014 | -€4,875 | -14.8% |
| Taxes | 450/3 | €32,889 | €28,014 | -€4,875 | -14.8% |
| Other amounts payable | 47/48 | €124,767 | €90,368 | -€34,400 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,810 | €10,211 | -€3,600 | -26.1% |
| Other operating charges | 640/8 | €3,261 | €7,411 | +€4,150 | +127.2% |
| Gross operating margin | 9900 | €55,539 | €30,805 | -€24,734 | -44.5% |
| Operating profit (loss) | 9901 | €38,467 | €13,184 | -€25,284 | -65.7% |
| Financial income | 75/76B | €9,850 | €106,080 | +€96,230 | +976.9% |
| Recurring financial income | 75 | €9,850 | €106,080 | +€96,230 | +976.9% |
| Financial charges | 65/66B | €291 | €3,051 | +€2,760 | +948.8% |
| Recurring financial charges | 65 | €291 | €3,051 | +€2,760 | +948.8% |
| Profit (loss) for the period before taxes | 9903 | €48,027 | €116,213 | +€68,186 | +142.0% |
| Income taxes | 67/77 | €10,000 | €10,324 | +€324 | +3.2% |
| Profit (loss) for the period | 9904 | €38,027 | €105,889 | +€67,862 | +178.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,027 | €105,889 | +€67,862 | +178.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.