TREECYCLE TREECARE: 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.
TREECYCLE TREECARE
Largest movements
- Tangible fixed assets +€21,089
up €21,089 (+120.6%), from €17,492 to €38,581
of which Furniture and vehicles: +€26,357
- Receivables within one year +€12,607
up €12,607 (+28.2%), from €44,670 to €57,277
of which Other amounts receivable: +€21,315
- Deferred charges and accrued income -€1,785
down €1,785 (-90.9%), from €1,963 to €178
- Debts after one year +€15,472
up €15,472 (+540.9%), from €2,860 to €18,333
- Other debts +€11,765
new in 2025: €11,765
- Trade debts +€7,077
up €7,077 (+44.6%), from €15,863 to €22,940
- Staff costs -€10,410
down €10,410 (-65.8%), from €15,820 to €5,410
- Gross operating margin -€9,000
down €9,000 (-13.7%), from €65,515 to €56,515
- Taxes +€2,017
up €2,017 (+20.2%), from €9,995 to €12,012
- Financial income +€1,484
up €1,484 (+112.1%), from €1,324 to €2,808
- Financial charges +€816
up €816 (+41.2%), from €1,978 to €2,794
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.
Cash bridge derived
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 | €141,848 | €174,362 | +€32,514 | +22.9% |
| Fixed assets | 21/28 | €18,092 | €39,181 | +€21,089 | +116.6% |
| Tangible fixed assets | 22/27 | €17,492 | €38,581 | +€21,089 | +120.6% |
| Plant, machinery and equipment | 23 | €14,465 | €4,656 | -€9,810 | -67.8% |
| Furniture and vehicles | 24 | €3,027 | €29,384 | +€26,357 | +870.7% |
| Other tangible fixed assets | 26 | - | €4,542 | +€4,542 | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €123,756 | €135,180 | +€11,425 | +9.2% |
| Amounts receivable after more than one year | 29 | €48,272 | €48,272 | = | 0.0% |
| Other amounts receivable | 291 | €48,272 | €48,272 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,670 | €57,277 | +€12,607 | +28.2% |
| Trade receivables | 40 | €23,053 | €14,345 | -€8,708 | -37.8% |
| Other amounts receivable | 41 | €21,617 | €42,933 | +€21,315 | +98.6% |
| Cash at bank and in hand | 54/58 | €28,851 | €29,454 | +€602 | +2.1% |
| Deferred charges and accrued income | 490/1 | €1,963 | €178 | -€1,785 | -90.9% |
| Total equity and liabilities | 10/49 | €141,848 | €174,362 | +€32,514 | +22.9% |
| Equity | 10/15 | €101,595 | €100,235 | -€1,360 | -1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,995 | €81,635 | -€1,360 | -1.6% |
| Amounts payable | 17/49 | €40,253 | €74,127 | +€33,874 | +84.2% |
| Amounts payable after more than one year | 17 | €2,860 | €18,333 | +€15,472 | +540.9% |
| Financial debts | 170/4 | €2,860 | €18,333 | +€15,472 | +540.9% |
| Amounts payable within one year | 42/48 | €37,393 | €55,794 | +€18,401 | +49.2% |
| Current portion of amounts payable after more than one year | 42 | €9,129 | €8,528 | -€602 | -6.6% |
| Trade debts | 44 | €15,863 | €22,940 | +€7,077 | +44.6% |
| Suppliers | 440/4 | €15,863 | €22,940 | +€7,077 | +44.6% |
| Taxes, remuneration and social security | 45 | €12,401 | €12,562 | +€161 | +1.3% |
| Taxes | 450/3 | €10,590 | €11,934 | +€1,344 | +12.7% |
| Remuneration and social security | 454/9 | €1,811 | €628 | -€1,183 | -65.3% |
| Other amounts payable | 47/48 | - | €11,765 | +€11,765 | |
| Remuneration, social security and pensions | 62 | €15,820 | €5,410 | -€10,410 | -65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,444 | €11,815 | -€630 | -5.1% |
| Other operating charges | 640/8 | €4,556 | €5,124 | +€568 | +12.5% |
| Gross operating margin | 9900 | €65,515 | €56,515 | -€9,000 | -13.7% |
| Operating profit (loss) | 9901 | €32,695 | €34,166 | +€1,472 | +4.5% |
| Financial income | 75/76B | €1,324 | €2,808 | +€1,484 | +112.1% |
| Recurring financial income | 75 | €1,324 | €2,808 | +€1,484 | +112.1% |
| Financial charges | 65/66B | €1,978 | €2,794 | +€816 | +41.2% |
| Recurring financial charges | 65 | €1,978 | €2,794 | +€816 | +41.2% |
| Profit (loss) for the period before taxes | 9903 | €32,041 | €34,181 | +€2,140 | +6.7% |
| Income taxes | 67/77 | €9,995 | €12,012 | +€2,017 | +20.2% |
| Profit (loss) for the period | 9904 | €22,046 | €22,169 | +€123 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,046 | €22,169 | +€123 | +0.6% |
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 12 October 2026 via checked.be.