TREENITY LAND: 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.
TREENITY LAND
Largest movements
- Stocks and contracts +€53,685
up €53,685 (+7.3%), from €735,638 to €789,324
- Receivables within one year -€33,782
down €33,782 (-72.8%), from €46,383 to €12,601
of which Trade receivables: -€33,782
- Cash -€25,154
down €25,154 (-73.8%), from €34,083 to €8,930
mainly Debts after one year (-€445,000) and Stocks and contracts (-€53,685)
- Short-term financial debts +€446,335
new in 2025: €446,335
- Debts after one year -€445,000
down €445,000 (-100%), from €445,000 to €0
- Turnover -€99,975
down €99,975 (-100%), from €99,975 to €0
- Goods and materials +€29,774
up €29,774 (+453%), from €6,575 to €36,349
- Taxes -€6,816
down €6,816 (-100%), from €6,816 to €0
- Services and other goods -€2,286
down €2,286 (-47.5%), from €4,813 to €2,527
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 | €820,965 | €815,715 | -€5,251 | -0.6% |
| Current assets | 29/58 | €820,965 | €815,715 | -€5,251 | -0.6% |
| Stocks and contracts in progress | 3 | €735,638 | €789,324 | +€53,685 | +7.3% |
| Stocks | 30/36 | €735,638 | €789,324 | +€53,685 | +7.3% |
| Property held for sale | 35 | €735,638 | €789,324 | +€53,685 | +7.3% |
| Amounts receivable within one year | 40/41 | €46,383 | €12,601 | -€33,782 | -72.8% |
| Trade receivables | 40 | €46,383 | €12,601 | -€33,782 | -72.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €34,083 | €8,930 | -€25,154 | -73.8% |
| Deferred charges and accrued income | 490/1 | €4,860 | €4,860 | = | 0.0% |
| Total equity and liabilities | 10/49 | €820,965 | €815,715 | -€5,251 | -0.6% |
| Equity | 10/15 | €337,504 | €331,407 | -€6,097 | -1.8% |
| Contributions | 10/11 | €82,000 | €82,000 | = | 0.0% |
| Capital | 10 | €82,000 | €82,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Uncalled capital | 101 | €38,000 | €38,000 | = | 0.0% |
| Reserves | 13 | €255,504 | €249,407 | -€6,097 | -2.4% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Legal reserve | 130 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €243,504 | €237,407 | -€6,097 | -2.5% |
| Amounts payable | 17/49 | €483,461 | €484,307 | +€846 | +0.2% |
| Amounts payable after more than one year | 17 | €445,000 | €0 | -€445,000 | -100% |
| Financial debts | 170/4 | €445,000 | €0 | -€445,000 | -100% |
| Credit institutions | 173 | €445,000 | €0 | -€445,000 | -100% |
| Amounts payable within one year | 42/48 | €36,716 | €482,574 | +€445,857 | +1,214% |
| Financial debts | 43 | - | €446,335 | +€446,335 | |
| Credit institutions | 430/8 | - | €446,335 | +€446,335 | |
| Trade debts | 44 | €14,900 | €14,422 | -€477 | -3.2% |
| Suppliers | 440/4 | €14,900 | €14,422 | -€477 | -3.2% |
| Taxes, remuneration and social security | 45 | €6,816 | €6,816 | = | 0.0% |
| Taxes | 450/3 | €6,816 | €6,816 | = | 0.0% |
| Other amounts payable | 47/48 | €15,000 | €15,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,745 | €1,734 | -€11 | -0.7% |
| Operating income | 70/76A | €47,695 | €36,287 | -€11,408 | -23.9% |
| Turnover | 70 | €99,975 | €0 | -€99,975 | -100% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€52,280 | €36,287 | +€88,567 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €13,003 | €40,524 | +€27,521 | +212% |
| Goods for resale, raw materials and consumables | 60 | €6,575 | €36,349 | +€29,774 | +453% |
| Purchases | 600/8 | €6,575 | €36,349 | +€29,774 | +453% |
| Services and other goods | 61 | €4,813 | €2,527 | -€2,286 | -47.5% |
| Other operating charges | 640/8 | €1,614 | €1,647 | +€33 | +2.0% |
| Operating profit (loss) | 9901 | €34,692 | -€4,237 | -€38,929 | |
| Financial income | 75/76B | €26 | €0 | -€26 | -100% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -100% |
| Income from current assets | 751 | €26 | €0 | -€26 | -100% |
| Financial charges | 65/66B | €1,283 | €1,860 | +€577 | +45.0% |
| Recurring financial charges | 65 | €1,283 | €1,860 | +€577 | +45.0% |
| Debt charges | 650 | €500 | €500 | = | 0.0% |
| Other financial charges | 652/9 | €783 | €1,360 | +€577 | +73.8% |
| Profit (loss) for the period before taxes | 9903 | €33,436 | -€6,097 | -€39,532 | |
| Income taxes | 67/77 | €6,816 | €0 | -€6,816 | -100% |
| Taxes | 670/3 | €6,816 | €0 | -€6,816 | -100% |
| Profit (loss) for the period | 9904 | €26,619 | -€6,097 | -€32,716 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,619 | -€6,097 | -€32,716 |
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 27 October 2026 via checked.be.