TETRO TREASURE: 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.
TETRO TREASURE
Largest movements
- Stocks and contracts +€11,438
new in 2024: €11,438
- Tangible fixed assets -€6,495
down €6,495 (-50.9%), from €12,770 to €6,276
of which Plant, machinery and equipment: -€4,057
- Deferred charges and accrued income +€1,478
new in 2024: €1,478
- Accrued charges and deferred income +€30,101
new in 2024: €30,101
- Profit (loss) carried forward -€23,074
down €23,074 (-54.6%), from -€42,234 to -€65,307
- Tax, wage and social debts +€8,070
up €8,070 (+42.8%), from €18,875 to €26,945
of which Remuneration and social security: +€5,428
- Trade debts -€7,928
down €7,928 (-22.4%), from €35,357 to €27,429
- Other debts -€533
down €533 (-3.4%), from €15,730 to €15,196
- Staff costs +€20,521
new in 2024: €20,521
- Other operating charges +€1,678
up €1,678 (+94.8%), from €1,770 to €3,448
- Financial charges +€1,511
up €1,511 (+105%), from €1,444 to €2,955
- Gross operating margin +€460
up €460 (+4.8%), from €9,505 to €9,965
- Financial income +€380
up €380 (+37,955%), from €1 to €381
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,959 | €44,596 | +€6,636 | +17.5% |
| Fixed assets | 21/28 | €12,770 | €6,276 | -€6,495 | -50.9% |
| Tangible fixed assets | 22/27 | €12,770 | €6,276 | -€6,495 | -50.9% |
| Plant, machinery and equipment | 23 | €7,337 | €3,280 | -€4,057 | -55.3% |
| Furniture and vehicles | 24 | €5,433 | €2,996 | -€2,438 | -44.9% |
| Current assets | 29/58 | €25,189 | €38,320 | +€13,131 | +52.1% |
| Stocks and contracts in progress | 3 | - | €11,438 | +€11,438 | |
| Stocks | 30/36 | - | €11,438 | +€11,438 | |
| Amounts receivable within one year | 40/41 | €91 | - | -€91 | |
| Other amounts receivable | 41 | €91 | - | -€91 | |
| Cash at bank and in hand | 54/58 | €25,098 | €25,405 | +€307 | +1.2% |
| Deferred charges and accrued income | 490/1 | - | €1,478 | +€1,478 | |
| Total equity and liabilities | 10/49 | €37,959 | €44,596 | +€6,636 | +17.5% |
| Equity | 10/15 | -€32,002 | -€55,075 | -€23,074 | -72.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €232 | €232 | = | 0.0% |
| Non-distributable reserves | 130/1 | €232 | €232 | = | 0.0% |
| Reserves not available under the articles | 1311 | €232 | €232 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,234 | -€65,307 | -€23,074 | -54.6% |
| Amounts payable | 17/49 | €69,961 | €99,671 | +€29,710 | +42.5% |
| Amounts payable within one year | 42/48 | €69,961 | €69,570 | -€392 | -0.6% |
| Trade debts | 44 | €35,357 | €27,429 | -€7,928 | -22.4% |
| Suppliers | 440/4 | €35,357 | €27,429 | -€7,928 | -22.4% |
| Taxes, remuneration and social security | 45 | €18,875 | €26,945 | +€8,070 | +42.8% |
| Taxes | 450/3 | €18,875 | €21,516 | +€2,641 | +14.0% |
| Remuneration and social security | 454/9 | - | €5,428 | +€5,428 | |
| Other amounts payable | 47/48 | €15,730 | €15,196 | -€533 | -3.4% |
| Accrued charges and deferred income | 492/3 | - | €30,101 | +€30,101 | |
| Remuneration, social security and pensions | 62 | - | €20,521 | +€20,521 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,718 | €6,495 | -€223 | -3.3% |
| Other operating charges | 640/8 | €1,770 | €3,448 | +€1,678 | +94.8% |
| Gross operating margin | 9900 | €9,505 | €9,965 | +€460 | +4.8% |
| Operating profit (loss) | 9901 | €1,017 | -€20,499 | -€21,516 | |
| Financial income | 75/76B | €1 | €381 | +€380 | +37,955% |
| Recurring financial income | 75 | €1 | €381 | +€380 | +37,955% |
| Financial charges | 65/66B | €1,444 | €2,955 | +€1,511 | +105% |
| Recurring financial charges | 65 | €1,444 | €2,955 | +€1,511 | +105% |
| Profit (loss) for the period before taxes | 9903 | -€426 | -€23,074 | -€22,648 | -5,317% |
| Profit (loss) for the period | 9904 | -€426 | -€23,074 | -€22,648 | -5,317% |
| Profit (loss) for the period to be appropriated | 9905 | -€426 | -€23,074 | -€22,648 | -5,317% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.