Trebor Seam: 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.
Trebor Seam
Largest movements
- Receivables after one year -€33,350
down €33,350 (-9.4%), from €356,000 to €322,650
- Debts after one year -€271,245
down €271,245 (-17.9%), from €1.5m to €1.2m
- Profit (loss) carried forward +€259,083
up €259,083 (+65.6%), from €395,075 to €654,159
- Short-term financial debts +€24,000
up €24,000 (+20.0%), from €120,000 to €144,000
- Gross operating margin -€45,962
down €45,962 (-11.2%), from €411,594 to €365,632
- Taxes -€8,967
down €8,967 (-9.3%), from €96,043 to €87,076
- Financial charges -€5,343
down €5,343 (-14.9%), from €35,840 to €30,496
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,133,342 | €2,135,779 | +€2,437 | +0.1% |
| Fixed assets | 21/28 | €1,560,717 | €1,560,432 | -€285 | 0.0% |
| Tangible fixed assets | 22/27 | €717 | €432 | -€285 | -39.8% |
| Plant, machinery and equipment | 23 | €717 | €432 | -€285 | -39.8% |
| Financial fixed assets | 28 | €1,560,000 | €1,560,000 | = | 0.0% |
| Current assets | 29/58 | €572,625 | €575,347 | +€2,722 | +0.5% |
| Amounts receivable after more than one year | 29 | €356,000 | €322,650 | -€33,350 | -9.4% |
| Other amounts receivable | 291 | €356,000 | €322,650 | -€33,350 | -9.4% |
| Amounts receivable within one year | 40/41 | €24,000 | €24,000 | = | 0.0% |
| Other amounts receivable | 41 | €24,000 | €24,000 | = | 0.0% |
| Current investments | 50/53 | €160,000 | €180,000 | +€20,000 | +12.5% |
| Cash at bank and in hand | 54/58 | €32,625 | €48,697 | +€16,072 | +49.3% |
| Total equity and liabilities | 10/49 | €2,133,342 | €2,135,779 | +€2,437 | +0.1% |
| Equity | 10/15 | €400,075 | €659,159 | +€259,083 | +64.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €395,075 | €654,159 | +€259,083 | +65.6% |
| Amounts payable | 17/49 | €1,733,266 | €1,476,620 | -€256,646 | -14.8% |
| Amounts payable after more than one year | 17 | €1,516,245 | €1,245,000 | -€271,245 | -17.9% |
| Financial debts | 170/4 | €1,516,245 | €1,245,000 | -€271,245 | -17.9% |
| Amounts payable within one year | 42/48 | €217,021 | €231,620 | +€14,599 | +6.7% |
| Financial debts | 43 | €120,000 | €144,000 | +€24,000 | +20.0% |
| Other loans | 439 | €120,000 | €144,000 | +€24,000 | +20.0% |
| Trade debts | 44 | €2,061 | €1,793 | -€268 | -13.0% |
| Suppliers | 440/4 | €2,061 | €1,793 | -€268 | -13.0% |
| Taxes, remuneration and social security | 45 | €94,960 | €85,827 | -€9,133 | -9.6% |
| Taxes | 450/3 | €94,960 | €85,827 | -€9,133 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €285 | €285 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €411,594 | €365,632 | -€45,962 | -11.2% |
| Operating profit (loss) | 9901 | €411,191 | €365,227 | -€45,964 | -11.2% |
| Financial income | 75/76B | €7,448 | €11,428 | +€3,980 | +53.4% |
| Recurring financial income | 75 | €7,448 | €11,428 | +€3,980 | +53.4% |
| Financial charges | 65/66B | €35,840 | €30,496 | -€5,343 | -14.9% |
| Recurring financial charges | 65 | €35,840 | €30,496 | -€5,343 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €382,799 | €346,159 | -€36,640 | -9.6% |
| Income taxes | 67/77 | €96,043 | €87,076 | -€8,967 | -9.3% |
| Profit (loss) for the period | 9904 | €286,756 | €259,083 | -€27,673 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €286,756 | €259,083 | -€27,673 | -9.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.