T.HR.EE BV: 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.
T.HR.EE BV
Largest movements
- Cash +€32,052
up €32,052 (+67.4%), from €47,551 to €79,603
mainly Net result for the year (+€37,807) and Depreciation (+€12,306)
- Tangible fixed assets -€12,306
down €12,306 (-20.7%), from €59,445 to €47,139
- Receivables within one year +€1,650
up €1,650 (+13.0%), from €12,705 to €14,355
of which Trade receivables: +€871
- Profit (loss) carried forward +€37,807
up €37,807 (+77.1%), from €49,046 to €86,852
- Debts after one year -€13,661
down €13,661 (-33.6%), from €40,613 to €26,953
- Tax, wage and social debts -€2,369
down €2,369 (-18.2%), from €12,982 to €10,614
- Other debts -€1,562
no longer reported in 2025 (was €1,562)
- Depreciation +€10,221
up €10,221 (+490%), from €2,085 to €12,306
- Taxes -€1,974
down €1,974 (-15.6%), from €12,632 to €10,658
- Financial charges +€1,791
up €1,791 (+239%), from €750 to €2,541
- Gross operating margin -€1,402
down €1,402 (-2.2%), from €64,834 to €63,432
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 | €120,177 | €141,097 | +€20,920 | +17.4% |
| Fixed assets | 21/28 | €59,445 | €47,139 | -€12,306 | -20.7% |
| Tangible fixed assets | 22/27 | €59,445 | €47,139 | -€12,306 | -20.7% |
| Furniture and vehicles | 24 | €59,445 | €47,139 | -€12,306 | -20.7% |
| Current assets | 29/58 | €60,732 | €93,958 | +€33,226 | +54.7% |
| Amounts receivable within one year | 40/41 | €12,705 | €14,355 | +€1,650 | +13.0% |
| Trade receivables | 40 | €12,705 | €13,576 | +€871 | +6.9% |
| Other amounts receivable | 41 | - | €779 | +€779 | |
| Cash at bank and in hand | 54/58 | €47,551 | €79,603 | +€32,052 | +67.4% |
| Deferred charges and accrued income | 490/1 | €476 | - | -€476 | |
| Total equity and liabilities | 10/49 | €120,177 | €141,097 | +€20,920 | +17.4% |
| Equity | 10/15 | €51,546 | €89,352 | +€37,807 | +73.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,046 | €86,852 | +€37,807 | +77.1% |
| Amounts payable | 17/49 | €68,632 | €51,745 | -€16,887 | -24.6% |
| Amounts payable after more than one year | 17 | €40,613 | €26,953 | -€13,661 | -33.6% |
| Financial debts | 170/4 | €40,613 | €26,953 | -€13,661 | -33.6% |
| Amounts payable within one year | 42/48 | €28,018 | €24,792 | -€3,226 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €12,973 | €13,661 | +€688 | +5.3% |
| Trade debts | 44 | €501 | €518 | +€17 | +3.3% |
| Suppliers | 440/4 | €501 | €518 | +€17 | +3.3% |
| Taxes, remuneration and social security | 45 | €12,982 | €10,614 | -€2,369 | -18.2% |
| Taxes | 450/3 | €12,982 | €10,614 | -€2,369 | -18.2% |
| Other amounts payable | 47/48 | €1,562 | - | -€1,562 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,085 | €12,306 | +€10,221 | +490% |
| Other operating charges | 640/8 | €321 | €120 | -€201 | -62.6% |
| Gross operating margin | 9900 | €64,834 | €63,432 | -€1,402 | -2.2% |
| Operating profit (loss) | 9901 | €62,428 | €51,006 | -€11,422 | -18.3% |
| Financial charges | 65/66B | €750 | €2,541 | +€1,791 | +239% |
| Recurring financial charges | 65 | €750 | €2,541 | +€1,791 | +239% |
| Profit (loss) for the period before taxes | 9903 | €61,678 | €48,465 | -€13,213 | -21.4% |
| Income taxes | 67/77 | €12,632 | €10,658 | -€1,974 | -15.6% |
| Profit (loss) for the period | 9904 | €49,046 | €37,807 | -€11,239 | -22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,046 | €37,807 | -€11,239 | -22.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.