Tree53: 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.
Tree53
Largest movements
- Tangible fixed assets -€7,993
down €7,993 (-17.1%), from €46,721 to €38,728
of which Furniture and vehicles: -€8,339
- Cash -€7,374
down €7,374 (-13.5%), from €54,585 to €47,211
mainly Net result for the year (-€27,455) and Debts after one year (-€8,431)
- Receivables within one year -€5,466
down €5,466 (-7.1%), from €76,551 to €71,086
of which Other amounts receivable: -€9,680
- Profit (loss) carried forward -€27,455
down €27,455 (-44.1%), from €62,205 to €34,750
- Tax, wage and social debts +€10,529
up €10,529 (+111%), from €9,508 to €20,037
of which Taxes: +€10,183
- Debts after one year -€8,431
down €8,431 (-32.9%), from €25,625 to €17,194
- Trade debts +€5,393
up €5,393 (+9.4%), from €57,197 to €62,590
- Gross operating margin +€35,926
up €35,926 (+58.7%), from €61,151 to €97,077
- Staff costs +€4,451
up €4,451 (+4.3%), from €102,726 to €107,177
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 | €217,836 | €198,337 | -€19,499 | -9.0% |
| Fixed assets | 21/28 | €83,975 | €76,543 | -€7,432 | -8.9% |
| Tangible fixed assets | 22/27 | €46,721 | €38,728 | -€7,993 | -17.1% |
| Plant, machinery and equipment | 23 | - | €1,047 | +€1,047 | |
| Furniture and vehicles | 24 | €42,598 | €34,259 | -€8,339 | -19.6% |
| Other tangible fixed assets | 26 | €4,123 | €3,422 | -€701 | -17.0% |
| Financial fixed assets | 28 | €37,255 | €37,815 | +€560 | +1.5% |
| Current assets | 29/58 | €133,861 | €121,794 | -€12,067 | -9.0% |
| Amounts receivable within one year | 40/41 | €76,551 | €71,086 | -€5,466 | -7.1% |
| Trade receivables | 40 | €34,385 | €38,599 | +€4,214 | +12.3% |
| Other amounts receivable | 41 | €42,166 | €32,487 | -€9,680 | -23.0% |
| Cash at bank and in hand | 54/58 | €54,585 | €47,211 | -€7,374 | -13.5% |
| Deferred charges and accrued income | 490/1 | €2,725 | €3,498 | +€773 | +28.4% |
| Total equity and liabilities | 10/49 | €217,836 | €198,337 | -€19,499 | -9.0% |
| Equity | 10/15 | €117,205 | €89,750 | -€27,455 | -23.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,205 | €34,750 | -€27,455 | -44.1% |
| Amounts payable | 17/49 | €100,632 | €108,587 | +€7,956 | +7.9% |
| Amounts payable after more than one year | 17 | €25,625 | €17,194 | -€8,431 | -32.9% |
| Financial debts | 170/4 | €25,625 | €17,194 | -€8,431 | -32.9% |
| Amounts payable within one year | 42/48 | €74,786 | €91,058 | +€16,272 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €8,081 | €8,431 | +€350 | +4.3% |
| Trade debts | 44 | €57,197 | €62,590 | +€5,393 | +9.4% |
| Suppliers | 440/4 | €57,197 | €62,590 | +€5,393 | +9.4% |
| Taxes, remuneration and social security | 45 | €9,508 | €20,037 | +€10,529 | +111% |
| Taxes | 450/3 | - | €10,183 | +€10,183 | |
| Remuneration and social security | 454/9 | €9,508 | €9,854 | +€346 | +3.6% |
| Accrued charges and deferred income | 492/3 | €221 | €335 | +€115 | +51.9% |
| Remuneration, social security and pensions | 62 | €102,726 | €107,177 | +€4,451 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,949 | €15,553 | +€604 | +4.0% |
| Other operating charges | 640/8 | €567 | €712 | +€145 | +25.6% |
| Gross operating margin | 9900 | €61,151 | €97,077 | +€35,926 | +58.7% |
| Operating profit (loss) | 9901 | -€57,090 | -€26,365 | +€30,725 | +53.8% |
| Financial income | 75/76B | €700 | €868 | +€169 | +24.1% |
| Recurring financial income | 75 | €700 | €868 | +€169 | +24.1% |
| Financial charges | 65/66B | €2,211 | €1,890 | -€322 | -14.5% |
| Recurring financial charges | 65 | €2,211 | €1,890 | -€322 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | -€58,602 | -€27,386 | +€31,215 | +53.3% |
| Income taxes | 67/77 | €14 | €68 | +€54 | +377% |
| Profit (loss) for the period | 9904 | -€58,616 | -€27,455 | +€31,161 | +53.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,616 | -€27,455 | +€31,161 | +53.2% |
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 30 October 2026 via checked.be.