TREMLIS: 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.
TREMLIS
Largest movements
- Tangible fixed assets -€29,338
down €29,338 (-9.6%), from €304,682 to €275,343
of which Land and buildings: -€28,549
- Cash +€17,022
up €17,022 (+271.4%), from €6,272 to €23,294
mainly Depreciation (+€33,042) and Other debts (+€5,877)
- Profit (loss) carried forward -€8,577
down €8,577 (-9.5%), from -€90,014 to -€98,590
- Debts after one year -€8,205
down €8,205 (-5.3%), from €154,221 to €146,016
of which Financial debts: -€9,605
- Other debts +€5,877
up €5,877 (+54.7%), from €10,742 to €16,620
- Gross operating margin +€18,998
up €18,998 (+100.5%), from €18,901 to €37,899
- Other operating charges +€722
up €722 (+12.0%), from €6,001 to €6,723
- Depreciation -€520
down €520 (-1.5%), from €33,562 to €33,042
- Financial charges -€429
down €429 (-6.0%), from €7,201 to €6,773
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 | €313,222 | €302,898 | -€10,324 | -3.3% |
| Fixed assets | 21/28 | €304,682 | €275,343 | -€29,338 | -9.6% |
| Tangible fixed assets | 22/27 | €304,682 | €275,343 | -€29,338 | -9.6% |
| Land and buildings | 22 | €302,196 | €273,647 | -€28,549 | -9.4% |
| Plant, machinery and equipment | 23 | €974 | €730 | -€243 | -25.0% |
| Furniture and vehicles | 24 | €1,512 | €966 | -€546 | -36.1% |
| Current assets | 29/58 | €8,541 | €27,555 | +€19,014 | +222.6% |
| Amounts receivable within one year | 40/41 | €20 | €38 | +€19 | +94.6% |
| Other amounts receivable | 41 | €20 | €38 | +€19 | +94.6% |
| Cash at bank and in hand | 54/58 | €6,272 | €23,294 | +€17,022 | +271.4% |
| Deferred charges and accrued income | 490/1 | €2,249 | €4,223 | +€1,974 | +87.8% |
| Total equity and liabilities | 10/49 | €313,222 | €302,898 | -€10,324 | -3.3% |
| Equity | 10/15 | €139,223 | €130,646 | -€8,577 | -6.2% |
| Contributions | 10/11 | €202,033 | €202,033 | = | 0.0% |
| Capital | 10 | €202,033 | €202,033 | = | 0.0% |
| Issued capital | 100 | €202,033 | €202,033 | = | 0.0% |
| Reserves | 13 | €27,203 | €27,203 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,203 | €20,203 | = | 0.0% |
| Legal reserve | 130 | €20,203 | €20,203 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,014 | -€98,590 | -€8,577 | -9.5% |
| Amounts payable | 17/49 | €174,000 | €172,252 | -€1,748 | -1.0% |
| Amounts payable after more than one year | 17 | €154,221 | €146,016 | -€8,205 | -5.3% |
| Financial debts | 170/4 | €153,021 | €143,416 | -€9,605 | -6.3% |
| Other amounts payable | 178/9 | €1,200 | €2,600 | +€1,400 | +116.7% |
| Amounts payable within one year | 42/48 | €19,779 | €26,236 | +€6,458 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €8,844 | €9,242 | +€397 | +4.5% |
| Trade debts | 44 | €192 | €375 | +€183 | +95.3% |
| Suppliers | 440/4 | €192 | €375 | +€183 | +95.3% |
| Other amounts payable | 47/48 | €10,742 | €16,620 | +€5,877 | +54.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,562 | €33,042 | -€520 | -1.5% |
| Other operating charges | 640/8 | €6,001 | €6,723 | +€722 | +12.0% |
| Gross operating margin | 9900 | €18,901 | €37,899 | +€18,998 | +100.5% |
| Operating profit (loss) | 9901 | -€20,662 | -€1,866 | +€18,796 | +91.0% |
| Financial income | 75/76B | €65 | €62 | -€4 | -5.4% |
| Recurring financial income | 75 | €65 | €62 | -€4 | -5.4% |
| Financial charges | 65/66B | €7,201 | €6,773 | -€429 | -6.0% |
| Recurring financial charges | 65 | €7,201 | €6,773 | -€429 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,798 | -€8,577 | +€19,221 | +69.1% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€27,798 | -€8,577 | +€19,221 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,798 | -€8,577 | +€19,221 | +69.1% |
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 4 October 2026 via checked.be.