TREECARE DESMET: 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.
TREECARE DESMET
Largest movements
- Receivables within one year -€26,504
down €26,504 (-75.0%), from €35,361 to €8,857
of which Trade receivables: -€23,143
- Cash +€24,801
up €24,801 (+163%), from €15,236 to €40,036
mainly Receivables within one year (+€26,504) and Net result for the year (+€18,246)
- Intangible fixed assets -€3,000
down €3,000 (-23.1%), from €12,962 to €9,962
- Stocks and contracts +€2,703
up €2,703 (+549%), from €492 to €3,196
of which Stocks: +€2,703
- Tangible fixed assets -€1,670
down €1,670 (-5.1%), from €32,871 to €31,201
of which Plant, machinery and equipment: -€9,174
- Reserves +€18,246
up €18,246 (+118%), from €15,436 to €33,682
- Trade debts -€11,780
down €11,780 (-74.6%), from €15,787 to €4,007
- Other debts -€5,455
down €5,455 (-34.9%), from €15,631 to €10,176
- Debts after one year -€5,219
down €5,219 (-43.7%), from €11,928 to €6,710
- Gross operating margin +€11,171
up €11,171 (+35.9%), from €31,139 to €42,310
- Depreciation +€3,349
up €3,349 (+28.2%), from €11,860 to €15,209
- Taxes +€1,571
up €1,571 (+30.3%), from €5,187 to €6,758
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 | €98,319 | €93,980 | -€4,339 | -4.4% |
| Fixed assets | 21/28 | €45,833 | €41,163 | -€4,670 | -10.2% |
| Intangible fixed assets | 21 | €12,962 | €9,962 | -€3,000 | -23.1% |
| Tangible fixed assets | 22/27 | €32,871 | €31,201 | -€1,670 | -5.1% |
| Land and buildings | 22 | - | €12,160 | +€12,160 | |
| Plant, machinery and equipment | 23 | €14,038 | €4,864 | -€9,174 | -65.3% |
| Furniture and vehicles | 24 | - | €1,285 | +€1,285 | |
| Leasing and similar rights | 25 | €16,876 | €11,752 | -€5,125 | -30.4% |
| Other tangible fixed assets | 26 | €1,957 | €1,140 | -€816 | -41.7% |
| Current assets | 29/58 | €52,486 | €52,817 | +€331 | +0.6% |
| Stocks and contracts in progress | 3 | €492 | €3,196 | +€2,703 | +549% |
| Stocks | 30/36 | €492 | €3,196 | +€2,703 | +549% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €35,361 | €8,857 | -€26,504 | -75.0% |
| Trade receivables | 40 | €31,678 | €8,535 | -€23,143 | -73.1% |
| Other amounts receivable | 41 | €3,683 | €321 | -€3,362 | -91.3% |
| Cash at bank and in hand | 54/58 | €15,236 | €40,036 | +€24,801 | +163% |
| Deferred charges and accrued income | 490/1 | €1,397 | €728 | -€669 | -47.9% |
| Total equity and liabilities | 10/49 | €98,319 | €93,980 | -€4,339 | -4.4% |
| Equity | 10/15 | €42,436 | €60,682 | +€18,246 | +43.0% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Reserves | 13 | €15,436 | €33,682 | +€18,246 | +118% |
| Distributable reserves | 133 | €15,436 | €33,682 | +€18,246 | +118% |
| Amounts payable | 17/49 | €55,883 | €33,298 | -€22,585 | -40.4% |
| Amounts payable after more than one year | 17 | €11,928 | €6,710 | -€5,219 | -43.7% |
| Financial debts | 170/4 | €11,928 | €6,710 | -€5,219 | -43.7% |
| Amounts payable within one year | 42/48 | €43,954 | €26,588 | -€17,366 | -39.5% |
| Current portion of amounts payable after more than one year | 42 | €5,089 | €5,219 | +€129 | +2.5% |
| Trade debts | 44 | €15,787 | €4,007 | -€11,780 | -74.6% |
| Suppliers | 440/4 | €15,787 | €4,007 | -€11,780 | -74.6% |
| Taxes, remuneration and social security | 45 | €7,447 | €7,187 | -€260 | -3.5% |
| Taxes | 450/3 | €5,447 | €5,187 | -€260 | -4.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €15,631 | €10,176 | -€5,455 | -34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,860 | €15,209 | +€3,349 | +28.2% |
| Other operating charges | 640/8 | €919 | €1,195 | +€277 | +30.1% |
| Gross operating margin | 9900 | €31,139 | €42,310 | +€11,171 | +35.9% |
| Operating profit (loss) | 9901 | €18,360 | €25,905 | +€7,546 | +41.1% |
| Financial income | 75/76B | €93 | €84 | -€9 | -10.1% |
| Recurring financial income | 75 | €93 | €84 | -€9 | -10.1% |
| Financial charges | 65/66B | €659 | €985 | +€326 | +49.5% |
| Recurring financial charges | 65 | €659 | €985 | +€326 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | €17,794 | €25,004 | +€7,210 | +40.5% |
| Income taxes | 67/77 | €5,187 | €6,758 | +€1,571 | +30.3% |
| Profit (loss) for the period | 9904 | €12,608 | €18,246 | +€5,639 | +44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,608 | €18,246 | +€5,639 | +44.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.