TRATTAMENTO: 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.
TRATTAMENTO
Largest movements
- Tangible fixed assets -€25,041
down €25,041 (-14.9%), from €168,018 to €142,977
of which Land and buildings: -€17,625
- Current investments -€13,336
down €13,336 (-41.5%), from €32,120 to €18,784
- Receivables within one year -€2,361
down €2,361 (-36.7%), from €6,429 to €4,068
of which Trade receivables: -€3,944
- Debts after one year -€31,492
down €31,492 (-62.3%), from €50,557 to €19,065
- Trade debts -€18,298
down €18,298 (-91.7%), from €19,944 to €1,646
- Reserves +€13,688
up €13,688 (+24.3%), from €56,400 to €70,088
of which Distributable reserves: +€15,688
- Contributions -€10,000
down €10,000 (-50.0%), from €20,000 to €10,000
- Other debts +€7,090
up €7,090 (+16.5%), from €42,964 to €50,054
- Gross operating margin +€17,748
up €17,748 (+31.6%), from €56,081 to €73,829
- Depreciation +€15,450
up €15,450 (+58.9%), from €26,229 to €41,679
- Taxes +€943
up €943 (+17.1%), from €5,504 to €6,447
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €219,157 | €179,337 | -€39,820 | -18.2% |
| Fixed assets | 21/28 | €168,018 | €142,977 | -€25,041 | -14.9% |
| Tangible fixed assets | 22/27 | €168,018 | €142,977 | -€25,041 | -14.9% |
| Land and buildings | 22 | €102,225 | €84,600 | -€17,625 | -17.2% |
| Plant, machinery and equipment | 23 | €28,737 | €30,399 | +€1,662 | +5.8% |
| Furniture and vehicles | 24 | €2,615 | €3,160 | +€545 | +20.8% |
| Leasing and similar rights | 25 | €34,441 | €24,818 | -€9,623 | -27.9% |
| Current assets | 29/58 | €51,139 | €36,360 | -€14,779 | -28.9% |
| Amounts receivable within one year | 40/41 | €6,429 | €4,068 | -€2,361 | -36.7% |
| Trade receivables | 40 | €3,944 | - | -€3,944 | |
| Other amounts receivable | 41 | €2,485 | €4,068 | +€1,583 | +63.7% |
| Current investments | 50/53 | €32,120 | €18,784 | -€13,336 | -41.5% |
| Cash at bank and in hand | 54/58 | €12,304 | €13,508 | +€1,204 | +9.8% |
| Deferred charges and accrued income | 490/1 | €286 | - | -€286 | |
| Total equity and liabilities | 10/49 | €219,157 | €179,337 | -€39,820 | -18.2% |
| Equity | 10/15 | €77,611 | €80,088 | +€2,477 | +3.2% |
| Contributions | 10/11 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Capital | 10 | €20,000 | - | -€20,000 | |
| Issued capital | 100 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €56,400 | €70,088 | +€13,688 | +24.3% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €54,400 | €70,088 | +€15,688 | +28.8% |
| Profit (loss) carried forward | 14 | €1,211 | - | -€1,211 | |
| Amounts payable | 17/49 | €141,546 | €99,249 | -€42,297 | -29.9% |
| Amounts payable after more than one year | 17 | €50,557 | €19,065 | -€31,492 | -62.3% |
| Financial debts | 170/4 | €50,557 | €19,065 | -€31,492 | -62.3% |
| Amounts payable within one year | 42/48 | €90,989 | €80,184 | -€10,805 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €25,887 | €25,887 | = | 0.0% |
| Trade debts | 44 | €19,944 | €1,646 | -€18,298 | -91.7% |
| Suppliers | 440/4 | €19,944 | €1,646 | -€18,298 | -91.7% |
| Taxes, remuneration and social security | 45 | €2,194 | €2,597 | +€403 | +18.4% |
| Taxes | 450/3 | €2,194 | €2,597 | +€403 | +18.4% |
| Other amounts payable | 47/48 | €42,964 | €50,054 | +€7,090 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,229 | €41,679 | +€15,450 | +58.9% |
| Other operating charges | 640/8 | €4,573 | €4,003 | -€570 | -12.5% |
| Gross operating margin | 9900 | €56,081 | €73,829 | +€17,748 | +31.6% |
| Operating profit (loss) | 9901 | €25,279 | €28,147 | +€2,868 | +11.3% |
| Financial income | 75/76B | €2 | €51 | +€49 | +2,450% |
| Recurring financial income | 75 | €2 | €51 | +€49 | +2,450% |
| Financial charges | 65/66B | €5,379 | €5,556 | +€177 | +3.3% |
| Recurring financial charges | 65 | €4,311 | €5,556 | +€1,245 | +28.9% |
| Non-recurring financial charges | 66B | €1,068 | - | -€1,068 | |
| Profit (loss) for the period before taxes | 9903 | €19,902 | €22,642 | +€2,740 | +13.8% |
| Income taxes | 67/77 | €5,504 | €6,447 | +€943 | +17.1% |
| Profit (loss) for the period | 9904 | €14,398 | €16,195 | +€1,797 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,398 | €16,195 | +€1,797 | +12.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.