Treescape: 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.
Treescape
Largest movements
- Receivables within one year +€7,393
up €7,393 (+200.0%), from €3,696 to €11,089
- Tangible fixed assets -€5,776
down €5,776 (-25.9%), from €22,338 to €16,561
of which Furniture and vehicles: -€4,710
- Debts after one year -€6,228
down €6,228 (-65.7%), from €9,479 to €3,251
- Profit (loss) carried forward +€5,064
up €5,064 (+78.0%), from -€6,496 to -€1,432
- Other debts +€4,488
up €4,488 (+82.9%), from €5,413 to €9,901
- Tax, wage and social debts -€1,163
down €1,163 (-27.4%), from €4,253 to €3,089
of which Remuneration and social security: -€2,151
- Trade debts -€862
down €862 (-36.0%), from €2,398 to €1,535
- Gross operating margin +€11,476
up €11,476 (+770.6%), from €1,489 to €12,965
- Depreciation -€394
down €394 (-6.4%), from €6,176 to €5,782
- Financial charges +€161
up €161 (+13.5%), from €1,191 to €1,351
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,302 | €27,997 | +€1,695 | +6.4% |
| Formation expenses | 20 | €6 | €0 | -€6 | -100.0% |
| Fixed assets | 21/28 | €22,338 | €16,561 | -€5,776 | -25.9% |
| Tangible fixed assets | 22/27 | €22,338 | €16,561 | -€5,776 | -25.9% |
| Plant, machinery and equipment | 23 | €3,562 | €2,496 | -€1,066 | -29.9% |
| Furniture and vehicles | 24 | €18,775 | €14,065 | -€4,710 | -25.1% |
| Current assets | 29/58 | €3,959 | €11,436 | +€7,477 | +188.9% |
| Amounts receivable within one year | 40/41 | €3,696 | €11,089 | +€7,393 | +200.0% |
| Trade receivables | 40 | €3,696 | €11,089 | +€7,393 | +200.0% |
| Deferred charges and accrued income | 490/1 | €263 | €347 | +€84 | +31.9% |
| Total equity and liabilities | 10/49 | €26,302 | €27,997 | +€1,695 | +6.4% |
| Equity | 10/15 | -€5,496 | -€432 | +€5,064 | +92.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,496 | -€1,432 | +€5,064 | +78.0% |
| Amounts payable | 17/49 | €31,799 | €28,429 | -€3,369 | -10.6% |
| Amounts payable after more than one year | 17 | €9,479 | €3,251 | -€6,228 | -65.7% |
| Financial debts | 170/4 | €9,479 | €3,251 | -€6,228 | -65.7% |
| Amounts payable within one year | 42/48 | €22,319 | €25,178 | +€2,858 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €5,571 | €6,228 | +€657 | +11.8% |
| Financial debts | 43 | €4,685 | €4,424 | -€261 | -5.6% |
| Credit institutions | 430/8 | €4,685 | €4,424 | -€261 | -5.6% |
| Trade debts | 44 | €2,398 | €1,535 | -€862 | -36.0% |
| Suppliers | 440/4 | €2,398 | €1,535 | -€862 | -36.0% |
| Taxes, remuneration and social security | 45 | €4,253 | €3,089 | -€1,163 | -27.4% |
| Taxes | 450/3 | €2,102 | €3,089 | +€987 | +47.0% |
| Remuneration and social security | 454/9 | €2,151 | €0 | -€2,151 | -100.0% |
| Other amounts payable | 47/48 | €5,413 | €9,901 | +€4,488 | +82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,176 | €5,782 | -€394 | -6.4% |
| Other operating charges | 640/8 | €650 | €769 | +€119 | +18.3% |
| Gross operating margin | 9900 | €1,489 | €12,965 | +€11,476 | +770.6% |
| Operating profit (loss) | 9901 | -€5,337 | €6,413 | +€11,750 | |
| Financial income | 75/76B | €31 | €2 | -€29 | -93.3% |
| Recurring financial income | 75 | €31 | €2 | -€29 | -93.3% |
| Financial charges | 65/66B | €1,191 | €1,351 | +€161 | +13.5% |
| Recurring financial charges | 65 | €1,191 | €1,351 | +€161 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,496 | €5,064 | +€11,560 | |
| Profit (loss) for the period | 9904 | -€6,496 | €5,064 | +€11,560 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,496 | €5,064 | +€11,560 |
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 1 October 2026 via checked.be.