Treeleaf Business: 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.
Treeleaf Business
Largest movements
- Cash +€6,849
up €6,849 (+24.3%), from €28,165 to €35,014
mainly Net result for the year (+€10,366) and Tax, wage and social debts (+€3,158)
- Receivables within one year +€2,841
up €2,841 (+33.3%), from €8,523 to €11,364
- Tangible fixed assets +€768
new in 2024: €768
- Profit (loss) carried forward +€10,366
up €10,366 (+47.1%), from -€22,026 to -€11,660
- Other debts -€3,164
down €3,164 (-14.2%), from €22,296 to €19,132
- Tax, wage and social debts +€3,158
up €3,158 (+64.9%), from €4,864 to €8,022
- Taxes +€5,866
up €5,866 (+1328.7%), from €441 to €6,308
- Gross operating margin +€5,258
up €5,258 (+38.9%), from €13,527 to €18,785
- Staff costs +€1,786
new in 2024: €1,786
- Financial income -€1,653
no longer reported in 2024 (was €1,653)
of which Financial income: -€1,653
- Financial charges -€720
down €720 (-83.5%), from €863 to €143
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 | €36,989 | €47,146 | +€10,157 | +27.5% |
| Fixed assets | 21/28 | - | €768 | +€768 | |
| Tangible fixed assets | 22/27 | - | €768 | +€768 | |
| Furniture and vehicles | 24 | - | €768 | +€768 | |
| Current assets | 29/58 | €36,989 | €46,378 | +€9,390 | +25.4% |
| Amounts receivable within one year | 40/41 | €8,523 | €11,364 | +€2,841 | +33.3% |
| Trade receivables | 40 | €8,523 | €11,364 | +€2,841 | +33.3% |
| Cash at bank and in hand | 54/58 | €28,165 | €35,014 | +€6,849 | +24.3% |
| Deferred charges and accrued income | 490/1 | €301 | - | -€301 | |
| Total equity and liabilities | 10/49 | €36,989 | €47,146 | +€10,157 | +27.5% |
| Equity | 10/15 | €9,170 | €19,536 | +€10,366 | +113.0% |
| Contributions | 10/11 | €8,800 | €8,800 | = | 0.0% |
| Reserves | 13 | €22,396 | €22,396 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €20,536 | €22,396 | +€1,860 | +9.1% |
| Profit (loss) carried forward | 14 | -€22,026 | -€11,660 | +€10,366 | +47.1% |
| Amounts payable | 17/49 | €27,818 | €27,609 | -€209 | -0.8% |
| Amounts payable within one year | 42/48 | €27,818 | €27,609 | -€209 | -0.8% |
| Trade debts | 44 | €659 | €456 | -€203 | -30.8% |
| Suppliers | 440/4 | €659 | €456 | -€203 | -30.8% |
| Taxes, remuneration and social security | 45 | €4,864 | €8,022 | +€3,158 | +64.9% |
| Taxes | 450/3 | €4,864 | €8,022 | +€3,158 | +64.9% |
| Other amounts payable | 47/48 | €22,296 | €19,132 | -€3,164 | -14.2% |
| Non-recurring operating income | 76A | €5,519 | - | -€5,519 | |
| Remuneration, social security and pensions | 62 | - | €1,786 | +€1,786 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €125 | +€125 | |
| Other operating charges | 640/8 | €124 | €58 | -€66 | -53.2% |
| Gross operating margin | 9900 | €13,527 | €18,785 | +€5,258 | +38.9% |
| Operating profit (loss) | 9901 | €13,403 | €16,817 | +€3,414 | +25.5% |
| Financial income | 75/76B | €1,653 | - | -€1,653 | |
| Recurring financial income | 75 | €1,653 | - | -€1,653 | |
| Non-recurring financial income | 76B | €1,653 | - | -€1,653 | |
| Financial charges | 65/66B | €863 | €143 | -€720 | -83.5% |
| Recurring financial charges | 65 | €863 | €143 | -€720 | -83.5% |
| Profit (loss) for the period before taxes | 9903 | €14,193 | €16,674 | +€2,481 | +17.5% |
| Income taxes | 67/77 | €441 | €6,308 | +€5,866 | +1328.7% |
| Profit (loss) for the period | 9904 | €13,751 | €10,366 | -€3,385 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,751 | €10,366 | -€3,385 | -24.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.