TREESOLUTIONS: 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.
TREESOLUTIONS
Largest movements
- Cash +€28,959
up €28,959 (+42.7%), from €67,890 to €96,849
mainly Other debts (+€31,035) and Net result for the year (+€20,300)
- Receivables within one year -€16,672
down €16,672 (-52.1%), from €32,014 to €15,343
of which Trade receivables: -€18,348
- Tangible fixed assets +€3,105
up €3,105 (+450.6%), from €689 to €3,794
- Other debts +€31,035
up €31,035 (+584.1%), from €5,313 to €36,348
- Trade debts -€7,534
down €7,534 (-47.5%), from €15,877 to €8,343
- Reserves -€6,317
down €6,317 (-9.8%), from €64,363 to €58,046
- Tax, wage and social debts -€3,067
down €3,067 (-26.1%), from €11,765 to €8,698
- Profit (loss) carried forward +€1,337
no longer reported in 2025 (was -€1,337)
- Gross operating margin -€5,964
down €5,964 (-14.8%), from €40,202 to €34,238
- Depreciation +€1,896
up €1,896 (+275.3%), from €689 to €2,585
- Taxes -€1,642
down €1,642 (-15.9%), from €10,341 to €8,698
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 | €102,183 | €117,635 | +€15,453 | +15.1% |
| Fixed assets | 21/28 | €689 | €3,794 | +€3,105 | +450.6% |
| Tangible fixed assets | 22/27 | €689 | €3,794 | +€3,105 | +450.6% |
| Plant, machinery and equipment | 23 | €689 | €3,794 | +€3,105 | +450.6% |
| Current assets | 29/58 | €101,494 | €113,842 | +€12,348 | +12.2% |
| Amounts receivable within one year | 40/41 | €32,014 | €15,343 | -€16,672 | -52.1% |
| Trade receivables | 40 | €32,014 | €13,666 | -€18,348 | -57.3% |
| Other amounts receivable | 41 | - | €1,676 | +€1,676 | |
| Cash at bank and in hand | 54/58 | €67,890 | €96,849 | +€28,959 | +42.7% |
| Deferred charges and accrued income | 490/1 | €1,589 | €1,650 | +€61 | +3.8% |
| Total equity and liabilities | 10/49 | €102,183 | €117,635 | +€15,453 | +15.1% |
| Equity | 10/15 | €69,227 | €64,246 | -€4,981 | -7.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,363 | €58,046 | -€6,317 | -9.8% |
| Distributable reserves | 133 | €64,363 | €58,046 | -€6,317 | -9.8% |
| Profit (loss) carried forward | 14 | -€1,337 | - | +€1,337 | |
| Amounts payable | 17/49 | €32,956 | €53,389 | +€20,433 | +62.0% |
| Amounts payable within one year | 42/48 | €32,956 | €53,389 | +€20,433 | +62.0% |
| Trade debts | 44 | €15,877 | €8,343 | -€7,534 | -47.5% |
| Suppliers | 440/4 | €15,877 | €8,343 | -€7,534 | -47.5% |
| Taxes, remuneration and social security | 45 | €11,765 | €8,698 | -€3,067 | -26.1% |
| Taxes | 450/3 | €11,765 | €8,698 | -€3,067 | -26.1% |
| Other amounts payable | 47/48 | €5,313 | €36,348 | +€31,035 | +584.1% |
| Non-recurring operating income | 76A | €1,200 | - | -€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €689 | €2,585 | +€1,896 | +275.3% |
| Other operating charges | 640/8 | €1,390 | €1,424 | +€34 | +2.5% |
| Gross operating margin | 9900 | €40,202 | €34,238 | -€5,964 | -14.8% |
| Operating profit (loss) | 9901 | €38,123 | €30,229 | -€7,895 | -20.7% |
| Financial income | 75/76B | €92 | €144 | +€52 | +56.0% |
| Recurring financial income | 75 | €92 | €144 | +€52 | +56.0% |
| Financial charges | 65/66B | €1,692 | €1,375 | -€318 | -18.8% |
| Recurring financial charges | 65 | €1,692 | €1,375 | -€318 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €36,523 | €28,998 | -€7,525 | -20.6% |
| Income taxes | 67/77 | €10,341 | €8,698 | -€1,642 | -15.9% |
| Profit (loss) for the period | 9904 | €26,183 | €20,300 | -€5,883 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,183 | €20,300 | -€5,883 | -22.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.