TREBOL DISTRIBUTION: 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.
TREBOL DISTRIBUTION
Largest movements
- Cash +€9,045
up €9,045 (+22.5%), from €40,193 to €49,237
mainly Advances received (+€13,055) and Net result for the year (+€9,945)
- Receivables within one year +€4,832
up €4,832 (+512%), from €945 to €5,777
of which Other amounts receivable: +€5,578
- Advances received +€13,055
new in 2022: €13,055
- Profit (loss) carried forward +€9,945
up €9,945 (+17.5%), from €56,736 to €66,682
- Trade debts -€5,818
down €5,818 (-31.9%), from €18,266 to €12,448
- Tax, wage and social debts -€3,306
no longer reported in 2022 (was €3,306)
- Gross operating margin -€21,040
down €21,040 (-53.3%), from €39,501 to €18,460
- Taxes +€2,921
new in 2022: €2,921
- Financial charges +€1,756
up €1,756 (+142%), from €1,236 to €2,992
- Other operating charges +€1,447
up €1,447 (+125%), from €1,155 to €2,602
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,164 | €107,041 | +€13,877 | +14.9% |
| Fixed assets | 21/28 | €3,454 | €3,454 | = | 0.0% |
| Financial fixed assets | 28 | €3,454 | €3,454 | = | 0.0% |
| Current assets | 29/58 | €89,709 | €103,587 | +€13,877 | +15.5% |
| Stocks and contracts in progress | 3 | €48,572 | €48,572 | = | 0.0% |
| Stocks | 30/36 | €48,572 | €48,572 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €945 | €5,777 | +€4,832 | +512% |
| Trade receivables | 40 | €745 | - | -€745 | |
| Other amounts receivable | 41 | €200 | €5,777 | +€5,578 | +2,796% |
| Cash at bank and in hand | 54/58 | €40,193 | €49,237 | +€9,045 | +22.5% |
| Total equity and liabilities | 10/49 | €93,164 | €107,041 | +€13,877 | +14.9% |
| Equity | 10/15 | €62,936 | €72,882 | +€9,945 | +15.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,736 | €66,682 | +€9,945 | +17.5% |
| Amounts payable | 17/49 | €30,227 | €34,159 | +€3,932 | +13.0% |
| Amounts payable within one year | 42/48 | €30,227 | €34,159 | +€3,932 | +13.0% |
| Trade debts | 44 | €18,266 | €12,448 | -€5,818 | -31.9% |
| Suppliers | 440/4 | €18,266 | €12,448 | -€5,818 | -31.9% |
| Advances received on contracts in progress | 46 | - | €13,055 | +€13,055 | |
| Taxes, remuneration and social security | 45 | €3,306 | - | -€3,306 | |
| Taxes | 450/3 | €3,306 | - | -€3,306 | |
| Other amounts payable | 47/48 | €8,656 | €8,656 | = | 0.0% |
| Other operating charges | 640/8 | €1,155 | €2,602 | +€1,447 | +125% |
| Gross operating margin | 9900 | €39,501 | €18,460 | -€21,040 | -53.3% |
| Operating profit (loss) | 9901 | €38,346 | €15,858 | -€22,487 | -58.6% |
| Financial charges | 65/66B | €1,236 | €2,992 | +€1,756 | +142% |
| Recurring financial charges | 65 | €1,236 | €2,992 | +€1,756 | +142% |
| Profit (loss) for the period before taxes | 9903 | €37,109 | €12,866 | -€24,243 | -65.3% |
| Income taxes | 67/77 | - | €2,921 | +€2,921 | |
| Profit (loss) for the period | 9904 | €37,109 | €9,945 | -€27,164 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,109 | €9,945 | -€27,164 | -73.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.