TREASURIT: 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.
TREASURIT
Largest movements
- Cash -€223,891
down €223,891 (-81.6%), from €274,323 to €50,432
mainly Contributions, distributions and other (-€647,666) and Current investments (-€208,799)
- Current investments +€208,799
up €208,799 (+40.5%), from €515,472 to €724,271
- Receivables after one year -€108,052
no longer reported in 2025 (was €108,052)
- Receivables within one year -€18,834
down €18,834 (-26.7%), from €70,649 to €51,815
of which Other amounts receivable: -€12,929
- Reserves -€528,233
down €528,233 (-54.5%), from €969,676 to €441,443
- Other debts +€375,374
new in 2025: €375,374
- Gross operating margin -€55,835
down €55,835 (-26.4%), from €211,867 to €156,032
- Financial income +€18,214
up €18,214 (+145.9%), from €12,484 to €30,698
- Taxes -€12,028
down €12,028 (-17.6%), from €68,351 to €56,323
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.
Cash bridge derived
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 | €983,318 | €837,470 | -€145,848 | -14.8% |
| Fixed assets | 21/28 | €14,712 | €10,736 | -€3,976 | -27.0% |
| Tangible fixed assets | 22/27 | €14,642 | €10,666 | -€3,976 | -27.2% |
| Land and buildings | 22 | €7,373 | €5,738 | -€1,635 | -22.2% |
| Plant, machinery and equipment | 23 | €2,639 | €1,912 | -€727 | -27.5% |
| Furniture and vehicles | 24 | €4,630 | €3,016 | -€1,614 | -34.9% |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €968,606 | €826,734 | -€141,872 | -14.6% |
| Amounts receivable after more than one year | 29 | €108,052 | - | -€108,052 | |
| Other amounts receivable | 291 | €108,052 | - | -€108,052 | |
| Amounts receivable within one year | 40/41 | €70,649 | €51,815 | -€18,834 | -26.7% |
| Trade receivables | 40 | €52,469 | €46,564 | -€5,905 | -11.3% |
| Other amounts receivable | 41 | €18,180 | €5,251 | -€12,929 | -71.1% |
| Current investments | 50/53 | €515,472 | €724,271 | +€208,799 | +40.5% |
| Cash at bank and in hand | 54/58 | €274,323 | €50,432 | -€223,891 | -81.6% |
| Deferred charges and accrued income | 490/1 | €110 | €216 | +€106 | +96.4% |
| Total equity and liabilities | 10/49 | €983,318 | €837,470 | -€145,848 | -14.8% |
| Equity | 10/15 | €975,876 | €447,643 | -€528,233 | -54.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €969,676 | €441,443 | -€528,233 | -54.5% |
| Distributable reserves | 133 | €969,676 | €441,443 | -€528,233 | -54.5% |
| Amounts payable | 17/49 | €7,442 | €389,827 | +€382,385 | +5138.2% |
| Amounts payable within one year | 42/48 | €7,442 | €389,827 | +€382,385 | +5138.2% |
| Trade debts | 44 | €1,619 | €3,944 | +€2,325 | +143.6% |
| Suppliers | 440/4 | €1,619 | €3,944 | +€2,325 | +143.6% |
| Taxes, remuneration and social security | 45 | €5,823 | €10,509 | +€4,686 | +80.5% |
| Taxes | 450/3 | €5,823 | €10,509 | +€4,686 | +80.5% |
| Other amounts payable | 47/48 | - | €375,374 | +€375,374 | |
| Non-recurring operating income | 76A | €11,499 | - | -€11,499 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,734 | €4,777 | +€43 | +0.9% |
| Other operating charges | 640/8 | €765 | €998 | +€233 | +30.5% |
| Gross operating margin | 9900 | €211,867 | €156,032 | -€55,835 | -26.4% |
| Operating profit (loss) | 9901 | €206,368 | €150,257 | -€56,111 | -27.2% |
| Financial income | 75/76B | €12,484 | €30,698 | +€18,214 | +145.9% |
| Recurring financial income | 75 | €12,484 | €30,698 | +€18,214 | +145.9% |
| Financial charges | 65/66B | €4,458 | €5,199 | +€741 | +16.6% |
| Recurring financial charges | 65 | €4,458 | €5,199 | +€741 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €214,394 | €175,756 | -€38,638 | -18.0% |
| Income taxes | 67/77 | €68,351 | €56,323 | -€12,028 | -17.6% |
| Profit (loss) for the period | 9904 | €146,043 | €119,433 | -€26,610 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €146,043 | €119,433 | -€26,610 | -18.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.