TREATMENT ENGINEERING CLEANING CONCEPT: 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.
What changed
TREATMENT ENGINEERING CLEANING CONCEPT
NACE 47.789, Other retail sale of new goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€60,052
2024 · €47,233+€12,819
Equity
€1.2m
2024 · €1.1m+€48,414
Cash
€55,748
2024 · €47,615+€8,133
Balance sheet total
€3.0m
2024 · €3.3m-€282,883
Largest movements
Assets
- Receivables within one year -€195,765
down €195,765 (-19.1%), from €1.0m to €831,351
of which Other amounts receivable: -€134,597
- Tangible fixed assets -€134,234
down €134,234 (-9.0%), from €1.5m to €1.4m
of which Land and buildings: -€89,406
- Stocks and contracts +€50,985
up €50,985 (+8.1%), from €629,802 to €680,787
- Intangible fixed assets -€34,991
down €34,991 (-30.2%), from €115,968 to €80,976
Equity and liabilities
- Debts after one year -€191,030
down €191,030 (-27.9%), from €685,239 to €494,209
- Current portion of long-term debt -€137,612
down €137,612 (-39.8%), from €345,960 to €208,348
- Trade debts -€80,519
down €80,519 (-17.6%), from €456,982 to €376,463
- Reserves +€60,000
up €60,000 (+9.4%), from €639,860 to €699,860
of which Distributable reserves: +€60,000
- Short-term financial debts +€54,902
up €54,902 (+9.4%), from €585,098 to €640,000
Income statement
- Turnover -€845,076
down €845,076 (-20.2%), from €4.2m to €3.3m
- Purchases and services -€613,158
down €613,158 (-21.2%), from €2.9m to €2.3m
- Gross operating margin -€217,244
down €217,244 (-16.8%), from €1.3m to €1.1m
- Financial income +€166,442
up €166,442 (+313%), from €53,116 to €219,559
of which Non-recurring financial income: +€165,470
- Staff costs -€73,382
down €73,382 (-8.1%), from €909,939 to €836,557
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.
Result 2024
€47,233
Gross operating margin
-€217,244
Staff costs
+€73,382
Depreciation
+€12,902
Provisions
-€9,760
Other operating charges
-€451
Financial income
+€166,442
Financial charges
+€190
Taxes
-€12,642
Result 2025
€60,052
raises the resultlowers the result
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.
From operations
+€377,620
Investment
-€84,110
Financing
-€285,378
Cash 2024
€47,615
From operations (derived)
+€377,620
Net result for the year
+€60,052
Depreciation
+€243,575
Stocks and contracts
-€50,985
Receivables within one year
+€195,765
Deferred charges and accrued income
-€13,230
Provisions
+€9,760
Trade debts
-€80,519
Tax, wage and social debts
+€10,876
Other debts
+€2,326
Investment (derived)
-€84,110
Investment in fixed assets (net)
-€74,350
Current investments
-€9,760
Financing
-€285,378
Debts after one year
-€191,030
Current portion of long-term debt
-€137,612
Short-term financial debts
+€54,902
Contributions, distributions and other
-€11,638
Cash 2025
€55,748
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,328,497 | €3,045,614 | -€282,883 | -8.5% |
| Fixed assets | 21/28 | €1,615,690 | €1,446,464 | -€169,226 | -10.5% |
| Intangible fixed assets | 21 | €115,968 | €80,976 | -€34,991 | -30.2% |
| Tangible fixed assets | 22/27 | €1,491,422 | €1,357,188 | -€134,234 | -9.0% |
| Land and buildings | 22 | €1,255,749 | €1,166,344 | -€89,406 | -7.1% |
| Plant, machinery and equipment | 23 | €63,524 | €40,199 | -€23,324 | -36.7% |
| Furniture and vehicles | 24 | €161,325 | €139,821 | -€21,504 | -13.3% |
| Assets under construction and advance payments | 27 | €10,824 | €10,824 | = | 0.0% |
| Financial fixed assets | 28 | €8,300 | €8,300 | = | 0.0% |
| Current assets | 29/58 | €1,712,807 | €1,599,150 | -€113,658 | -6.6% |
| Stocks and contracts in progress | 3 | €629,802 | €680,787 | +€50,985 | +8.1% |
| Stocks | 30/36 | €629,802 | €680,787 | +€50,985 | +8.1% |
| Amounts receivable within one year | 40/41 | €1,027,116 | €831,351 | -€195,765 | -19.1% |
| Trade receivables | 40 | €560,012 | €498,843 | -€61,168 | -10.9% |
| Other amounts receivable | 41 | €467,104 | €332,507 | -€134,597 | -28.8% |
| Current investments | 50/53 | - | €9,760 | +€9,760 | |
| Cash at bank and in hand | 54/58 | €47,615 | €55,748 | +€8,133 | +17.1% |
| Deferred charges and accrued income | 490/1 | €8,275 | €21,505 | +€13,230 | +160% |
| Total equity and liabilities | 10/49 | €3,328,497 | €3,045,614 | -€282,883 | -8.5% |
| Equity | 10/15 | €1,127,072 | €1,175,487 | +€48,414 | +4.3% |
| Contributions | 10/11 | €18,601 | €18,601 | = | 0.0% |
| Reserves | 13 | €639,860 | €699,860 | +€60,000 | +9.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €638,000 | €698,000 | +€60,000 | +9.4% |
| Profit (loss) carried forward | 14 | €364,821 | €364,873 | +€52 | 0.0% |
| Investment grants | 15 | €103,790 | €92,152 | -€11,638 | -11.2% |
| Provisions and deferred taxes | 16 | - | €9,760 | +€9,760 | |
| Provisions for liabilities and charges | 160/5 | - | €9,760 | +€9,760 | |
| Other liabilities and charges | 164/5 | - | €9,760 | +€9,760 | |
| Amounts payable | 17/49 | €2,201,425 | €1,860,367 | -€341,057 | -15.5% |
| Amounts payable after more than one year | 17 | €685,239 | €494,209 | -€191,030 | -27.9% |
| Financial debts | 170/4 | €685,239 | €494,209 | -€191,030 | -27.9% |
| Amounts payable within one year | 42/48 | €1,516,185 | €1,366,158 | -€150,027 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €345,960 | €208,348 | -€137,612 | -39.8% |
| Financial debts | 43 | €585,098 | €640,000 | +€54,902 | +9.4% |
| Credit institutions | 430/8 | €585,098 | €640,000 | +€54,902 | +9.4% |
| Trade debts | 44 | €456,982 | €376,463 | -€80,519 | -17.6% |
| Suppliers | 440/4 | €456,982 | €376,463 | -€80,519 | -17.6% |
| Advances received on contracts in progress | 46 | €12,000 | €12,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €111,146 | €122,022 | +€10,876 | +9.8% |
| Taxes | 450/3 | - | €13,652 | +€13,652 | |
| Remuneration and social security | 454/9 | €111,146 | €108,370 | -€2,775 | -2.5% |
| Other amounts payable | 47/48 | €5,000 | €7,326 | +€2,326 | +46.5% |
| Turnover | 70 | €4,185,387 | €3,340,311 | -€845,076 | -20.2% |
| Non-recurring operating income | 76A | €5,010 | €19,685 | +€14,675 | +293% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,894,246 | €2,281,089 | -€613,158 | -21.2% |
| Remuneration, social security and pensions | 62 | €909,939 | €836,557 | -€73,382 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256,477 | €243,575 | -€12,902 | -5.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €9,760 | +€9,760 | |
| Other operating charges | 640/8 | €38,266 | €38,717 | +€451 | +1.2% |
| Gross operating margin | 9900 | €1,296,150 | €1,078,907 | -€217,244 | -16.8% |
| Operating profit (loss) | 9901 | €91,469 | -€49,703 | -€141,172 | |
| Financial income | 75/76B | €53,116 | €219,559 | +€166,442 | +313% |
| Recurring financial income | 75 | €12,166 | €13,139 | +€973 | +8.0% |
| Non-recurring financial income | 76B | €40,950 | €206,420 | +€165,470 | +404% |
| Financial charges | 65/66B | €65,351 | €65,161 | -€190 | -0.3% |
| Recurring financial charges | 65 | €65,351 | €65,161 | -€190 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €79,235 | €104,695 | +€25,461 | +32.1% |
| Income taxes | 67/77 | €32,002 | €44,643 | +€12,642 | +39.5% |
| Profit (loss) for the period | 9904 | €47,233 | €60,052 | +€12,819 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,233 | €60,052 | +€12,819 | +27.1% |
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 31 October 2026 via checked.be.