TREGADATA: 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.
TREGADATA
Largest movements
- Cash -€21,764
down €21,764 (-66.1%), from €32,910 to €11,146
mainly Receivables within one year (-€16,731) and Other debts (-€9,828)
- Receivables within one year +€16,731
up €16,731 (+12.8%), from €131,165 to €147,895
of which Trade receivables: +€32,604
- Tangible fixed assets -€7,089
down €7,089 (-36.2%), from €19,582 to €12,493
of which Plant, machinery and equipment: -€8,219
- Deferred charges and accrued income +€3,639
up €3,639 (+157.2%), from €2,314 to €5,953
- Other debts -€9,828
down €9,828 (-37.0%), from €26,532 to €16,704
- Gross operating margin -€15,166
down €15,166 (-55.0%), from €27,551 to €12,385
- Depreciation -€10,488
down €10,488 (-52.4%), from €20,027 to €9,539
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 | €185,972 | €177,488 | -€8,484 | -4.6% |
| Fixed assets | 21/28 | €19,582 | €12,493 | -€7,089 | -36.2% |
| Tangible fixed assets | 22/27 | €19,582 | €12,493 | -€7,089 | -36.2% |
| Land and buildings | 22 | €856 | €761 | -€95 | -11.1% |
| Plant, machinery and equipment | 23 | €18,726 | €10,507 | -€8,219 | -43.9% |
| Furniture and vehicles | 24 | - | €1,225 | +€1,225 | |
| Current assets | 29/58 | €166,389 | €164,995 | -€1,395 | -0.8% |
| Amounts receivable within one year | 40/41 | €131,165 | €147,895 | +€16,731 | +12.8% |
| Trade receivables | 40 | €100,600 | €133,204 | +€32,604 | +32.4% |
| Other amounts receivable | 41 | €30,565 | €14,692 | -€15,873 | -51.9% |
| Cash at bank and in hand | 54/58 | €32,910 | €11,146 | -€21,764 | -66.1% |
| Deferred charges and accrued income | 490/1 | €2,314 | €5,953 | +€3,639 | +157.2% |
| Total equity and liabilities | 10/49 | €185,972 | €177,488 | -€8,484 | -4.6% |
| Equity | 10/15 | €111,026 | €112,273 | +€1,248 | +1.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €3,324 | €3,324 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €824 | €824 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,702 | €83,949 | +€1,248 | +1.5% |
| Amounts payable | 17/49 | €74,946 | €65,215 | -€9,731 | -13.0% |
| Amounts payable within one year | 42/48 | €74,946 | €65,215 | -€9,731 | -13.0% |
| Financial debts | 43 | €48,000 | €48,000 | = | 0.0% |
| Other loans | 439 | €48,000 | €48,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €414 | €511 | +€97 | +23.4% |
| Taxes | 450/3 | €414 | €511 | +€97 | +23.4% |
| Other amounts payable | 47/48 | €26,532 | €16,704 | -€9,828 | -37.0% |
| Non-recurring operating income | 76A | €5,466 | €29 | -€5,437 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,027 | €9,539 | -€10,488 | -52.4% |
| Other operating charges | 640/8 | €1,004 | €807 | -€197 | -19.6% |
| Non-recurring operating charges | 66A | €763 | €593 | -€169 | -22.2% |
| Gross operating margin | 9900 | €27,551 | €12,385 | -€15,166 | -55.0% |
| Operating profit (loss) | 9901 | €5,758 | €1,446 | -€4,312 | -74.9% |
| Financial income | 75/76B | €26 | €0 | -€26 | -99.8% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -99.8% |
| Financial charges | 65/66B | €83 | €58 | -€25 | -30.6% |
| Recurring financial charges | 65 | €83 | €58 | -€25 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €5,701 | €1,388 | -€4,313 | -75.6% |
| Income taxes | 67/77 | €139 | €141 | +€2 | +1.5% |
| Profit (loss) for the period | 9904 | €5,563 | €1,248 | -€4,315 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,563 | €1,248 | -€4,315 | -77.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.