TREEFIELD: what changed
Two fiscal 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.
TREEFIELD
Largest movements
- Cash -€7,130
down €7,130 (-12.4%), from €57,619 to €50,489
mainly Trade debts (-€34,458)
- Receivables within one year -€6,132
down €6,132 (-12.8%), from €48,088 to €41,956
of which Other amounts receivable: -€33,300
- Deferred charges and accrued income -€3,112
no longer reported in 2024 (was €3,112)
- Trade debts -€34,458
down €34,458 (-75.3%), from €45,749 to €11,291
- Tax, wage and social debts +€9,670
up €9,670 (+69.8%), from €13,858 to €23,528
- Profit (loss) carried forward +€8,414
up €8,414 (+17.8%), from €47,212 to €55,626
- Gross operating margin -€44,923
down €44,923 (-78.5%), from €57,257 to €12,334
- Taxes -€8,373
down €8,373 (-69.1%), from €12,124 to €3,751
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,819 | €92,445 | -€16,374 | -15.0% |
| Current assets | 29/58 | €108,819 | €92,445 | -€16,374 | -15.0% |
| Amounts receivable within one year | 40/41 | €48,088 | €41,956 | -€6,132 | -12.8% |
| Trade receivables | 40 | - | €27,168 | +€27,168 | |
| Other amounts receivable | 41 | €48,088 | €14,788 | -€33,300 | -69.2% |
| Cash at bank and in hand | 54/58 | €57,619 | €50,489 | -€7,130 | -12.4% |
| Deferred charges and accrued income | 490/1 | €3,112 | - | -€3,112 | |
| Total equity and liabilities | 10/49 | €108,819 | €92,445 | -€16,374 | -15.0% |
| Equity | 10/15 | €49,212 | €57,626 | +€8,414 | +17.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,212 | €55,626 | +€8,414 | +17.8% |
| Amounts payable | 17/49 | €59,607 | €34,819 | -€24,788 | -41.6% |
| Amounts payable within one year | 42/48 | €59,607 | €34,819 | -€24,788 | -41.6% |
| Trade debts | 44 | €45,749 | €11,291 | -€34,458 | -75.3% |
| Suppliers | 440/4 | €45,749 | €11,291 | -€34,458 | -75.3% |
| Taxes, remuneration and social security | 45 | €13,858 | €23,528 | +€9,670 | +69.8% |
| Taxes | 450/3 | €13,858 | €23,528 | +€9,670 | +69.8% |
| Other operating charges | 640/8 | €536 | - | -€536 | |
| Gross operating margin | 9900 | €57,257 | €12,334 | -€44,923 | -78.5% |
| Operating profit (loss) | 9901 | €56,721 | €12,334 | -€44,387 | -78.3% |
| Financial charges | 65/66B | €141 | €169 | +€28 | +19.6% |
| Recurring financial charges | 65 | €141 | €169 | +€28 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €56,580 | €12,165 | -€44,415 | -78.5% |
| Income taxes | 67/77 | €12,124 | €3,751 | -€8,373 | -69.1% |
| Profit (loss) for the period | 9904 | €44,456 | €8,414 | -€36,042 | -81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,456 | €8,414 | -€36,042 | -81.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.