TREQUARTISTA: 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.
TREQUARTISTA
Largest movements
- Receivables within one year +€25,711
up €25,711 (+22.0%), from €116,748 to €142,459
of which Trade receivables: +€21,228
- Cash -€15,761
no longer reported in 2025 (was €15,761)
mainly Receivables within one year (-€25,711) and Tax, wage and social debts (-€15,170)
- Trade debts +€18,017
up €18,017 (+247%), from €7,288 to €25,305
- Other debts +€16,707
up €16,707 (+32.3%), from €51,762 to €68,469
- Tax, wage and social debts -€15,170
down €15,170 (-50.2%), from €30,213 to €15,043
of which Taxes: -€8,543
- Reserves -€9,608
down €9,608 (-23.5%), from €40,956 to €31,349
- Gross operating margin -€63,338
down €63,338, from €52,378 to -€10,960
- Taxes -€11,077
down €11,077 (-98.8%), from €11,216 to €139
- Financial income +€1,974
new in 2025: €1,974
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 | €135,219 | €145,201 | +€9,982 | +7.4% |
| Fixed assets | 21/28 | €2,550 | €2,550 | = | 0.0% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €132,669 | €142,651 | +€9,982 | +7.5% |
| Amounts receivable within one year | 40/41 | €116,748 | €142,459 | +€25,711 | +22.0% |
| Trade receivables | 40 | €60,287 | €81,515 | +€21,228 | +35.2% |
| Other amounts receivable | 41 | €56,461 | €60,944 | +€4,483 | +7.9% |
| Cash at bank and in hand | 54/58 | €15,761 | - | -€15,761 | |
| Deferred charges and accrued income | 490/1 | €160 | €192 | +€32 | +19.8% |
| Total equity and liabilities | 10/49 | €135,219 | €145,201 | +€9,982 | +7.4% |
| Equity | 10/15 | €45,956 | €36,349 | -€9,608 | -20.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €40,956 | €31,349 | -€9,608 | -23.5% |
| Distributable reserves | 133 | €40,956 | €31,349 | -€9,608 | -23.5% |
| Amounts payable | 17/49 | €89,263 | €108,853 | +€19,590 | +21.9% |
| Amounts payable within one year | 42/48 | €89,263 | €108,853 | +€19,590 | +21.9% |
| Financial debts | 43 | - | €35 | +€35 | |
| Credit institutions | 430/8 | - | €35 | +€35 | |
| Trade debts | 44 | €7,288 | €25,305 | +€18,017 | +247% |
| Suppliers | 440/4 | €7,288 | €25,305 | +€18,017 | +247% |
| Taxes, remuneration and social security | 45 | €30,213 | €15,043 | -€15,170 | -50.2% |
| Taxes | 450/3 | €23,587 | €15,043 | -€8,543 | -36.2% |
| Remuneration and social security | 454/9 | €6,626 | - | -€6,626 | |
| Other amounts payable | 47/48 | €51,762 | €68,469 | +€16,707 | +32.3% |
| Other operating charges | 640/8 | €181 | €345 | +€164 | +90.6% |
| Gross operating margin | 9900 | €52,378 | -€10,960 | -€63,338 | |
| Operating profit (loss) | 9901 | €52,197 | -€11,305 | -€63,502 | |
| Financial income | 75/76B | - | €1,974 | +€1,974 | |
| Recurring financial income | 75 | - | €1,974 | +€1,974 | |
| Financial charges | 65/66B | €24 | €138 | +€113 | +467% |
| Recurring financial charges | 65 | €24 | €138 | +€113 | +467% |
| Profit (loss) for the period before taxes | 9903 | €52,172 | -€9,469 | -€61,641 | |
| Income taxes | 67/77 | €11,216 | €139 | -€11,077 | -98.8% |
| Profit (loss) for the period | 9904 | €40,956 | -€9,608 | -€50,564 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,956 | -€9,608 | -€50,564 |
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 23 October 2026 via checked.be.