TREGANEUF: what changed
TREGANEUF
Largest movements
- Tangible fixed assets -€13,034
down €13,034 (-17.4%), from €75,085 to €62,051
of which Land and buildings: -€8,401
- Profit (loss) carried forward -€15,132
down €15,132 (-21.2%), from -€71,503 to -€86,634
- Debts after one year +€2,180
up €2,180 (+4.4%), from €49,218 to €51,398
- Gross operating margin +€6,407
up €6,407, from -€5,279 to €1,129
- Depreciation +€857
up €857 (+7.0%), from €12,177 to €13,034
- Other operating charges -€104
down €104 (-3.2%), from €3,249 to €3,145
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,111 | €62,159 | -€12,952 | -17.2% |
| Fixed assets | 21/28 | €75,085 | €62,051 | -€13,034 | -17.4% |
| Tangible fixed assets | 22/27 | €75,085 | €62,051 | -€13,034 | -17.4% |
| Land and buildings | 22 | €60,800 | €52,399 | -€8,401 | -13.8% |
| Furniture and vehicles | 24 | €14,285 | €9,652 | -€4,633 | -32.4% |
| Current assets | 29/58 | €26 | €108 | +€82 | +321% |
| Cash at bank and in hand | 54/58 | €26 | €108 | +€82 | +321% |
| Total equity and liabilities | 10/49 | €75,111 | €62,159 | -€12,952 | -17.2% |
| Equity | 10/15 | -€3,303 | -€18,434 | -€15,132 | -458% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,503 | -€86,634 | -€15,132 | -21.2% |
| Advance to shareholders on the distribution of net assets | 19 | - | €0 | = | |
| Amounts payable | 17/49 | €78,413 | €80,593 | +€2,180 | +2.8% |
| Amounts payable after more than one year | 17 | €49,218 | €51,398 | +€2,180 | +4.4% |
| Other amounts payable | 178/9 | €49,218 | €51,398 | +€2,180 | +4.4% |
| Amounts payable within one year | 42/48 | €29,195 | €29,195 | = | 0.0% |
| Other amounts payable | 47/48 | €29,195 | €29,195 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,177 | €13,034 | +€857 | +7.0% |
| Other operating charges | 640/8 | €3,249 | €3,145 | -€104 | -3.2% |
| Gross operating margin | 9900 | -€5,279 | €1,129 | +€6,407 | |
| Operating profit (loss) | 9901 | -€20,705 | -€15,051 | +€5,655 | +27.3% |
| Financial charges | 65/66B | €74 | €81 | +€8 | +10.3% |
| Recurring financial charges | 65 | €74 | €81 | +€8 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,779 | -€15,132 | +€5,647 | +27.2% |
| Profit (loss) for the period | 9904 | -€20,779 | -€15,132 | +€5,647 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,779 | -€15,132 | +€5,647 | +27.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.