TREMELO: 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.
TREMELO
Largest movements
- Financial fixed assets -€724,400
no longer reported in 2025 (was €724,400)
- Receivables within one year +€77,587
up €77,587 (+234%), from €33,194 to €110,781
of which Trade receivables: +€77,591
- Cash -€14,286
down €14,286 (-94.0%), from €15,197 to €911
mainly Net result for the year (-€612,455) and Receivables within one year (-€77,587)
- Profit (loss) carried forward -€612,455
down €612,455, from €196,758 to -€415,697
- Debts after one year -€52,421
no longer reported in 2025 (was €52,421)
- Financial charges +€724,331
up €724,331 (+39,662%), from €1,826 to €726,158
of which Non-recurring financial charges: +€724,399
- Gross operating margin +€8,409
up €8,409 (+11.9%), from €70,796 to €79,206
- Financial income -€4,013
down €4,013 (-6.7%), from €60,077 to €56,064
- Taxes +€2,798
up €2,798 (+15.8%), from €17,764 to €20,562
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 | €772,791 | €111,692 | -€661,099 | -85.5% |
| Fixed assets | 21/28 | €724,400 | - | -€724,400 | |
| Financial fixed assets | 28 | €724,400 | - | -€724,400 | |
| Current assets | 29/58 | €48,391 | €111,692 | +€63,301 | +131% |
| Amounts receivable within one year | 40/41 | €33,194 | €110,781 | +€77,587 | +234% |
| Trade receivables | 40 | €31,835 | €109,426 | +€77,591 | +244% |
| Other amounts receivable | 41 | €1,359 | €1,355 | -€4 | -0.3% |
| Cash at bank and in hand | 54/58 | €15,197 | €911 | -€14,286 | -94.0% |
| Total equity and liabilities | 10/49 | €772,791 | €111,692 | -€661,099 | -85.5% |
| Equity | 10/15 | €590,068 | -€22,387 | -€612,455 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €387,110 | €387,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €385,250 | €385,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,758 | -€415,697 | -€612,455 | |
| Amounts payable | 17/49 | €182,722 | €134,078 | -€48,644 | -26.6% |
| Amounts payable after more than one year | 17 | €52,421 | - | -€52,421 | |
| Financial debts | 170/4 | €52,421 | - | -€52,421 | |
| Amounts payable within one year | 42/48 | €130,302 | €134,078 | +€3,777 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €56,716 | €52,421 | -€4,295 | -7.6% |
| Trade debts | 44 | €6,683 | €13,119 | +€6,436 | +96.3% |
| Suppliers | 440/4 | €6,683 | €13,119 | +€6,436 | +96.3% |
| Taxes, remuneration and social security | 45 | €36,405 | €42,859 | +€6,454 | +17.7% |
| Taxes | 450/3 | €36,405 | €42,859 | +€6,454 | +17.7% |
| Other amounts payable | 47/48 | €30,498 | €25,680 | -€4,818 | -15.8% |
| Other operating charges | 640/8 | €387 | €1,005 | +€618 | +159% |
| Gross operating margin | 9900 | €70,796 | €79,206 | +€8,409 | +11.9% |
| Operating profit (loss) | 9901 | €70,409 | €78,201 | +€7,792 | +11.1% |
| Financial income | 75/76B | €60,077 | €56,064 | -€4,013 | -6.7% |
| Recurring financial income | 75 | €60,077 | €56,064 | -€4,013 | -6.7% |
| Financial charges | 65/66B | €1,826 | €726,158 | +€724,331 | +39,662% |
| Recurring financial charges | 65 | €1,826 | €1,759 | -€68 | -3.7% |
| Non-recurring financial charges | 66B | - | €724,399 | +€724,399 | |
| Profit (loss) for the period before taxes | 9903 | €128,660 | -€591,893 | -€720,553 | |
| Income taxes | 67/77 | €17,764 | €20,562 | +€2,798 | +15.8% |
| Profit (loss) for the period | 9904 | €110,897 | -€612,455 | -€723,352 | |
| Profit (loss) for the period to be appropriated | 9905 | €110,897 | -€612,455 | -€723,352 |
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 14 October 2026 via checked.be.