TRES-MALI: 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.
TRES-MALI
Largest movements
- Cash +€10,438
up €10,438 (+29.6%), from €35,317 to €45,755
mainly Net result for the year (+€9,514) and Depreciation (+€7,757)
- Receivables within one year -€1,244
no longer reported in 2025 (was €1,244)
- Reserves +€9,514
up €9,514 (+26.3%), from €36,244 to €45,758
- Gross operating margin +€6,124
up €6,124 (+38.9%), from €15,728 to €21,852
- Taxes +€1,261
up €1,261 (+55.9%), from €2,256 to €3,517
- Depreciation +€522
up €522 (+7.2%), from €7,234 to €7,757
- Financial income -€341
down €341 (-99.1%), from €344 to €3
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 | €82,639 | €91,370 | +€8,731 | +10.6% |
| Fixed assets | 21/28 | €45,184 | €44,674 | -€510 | -1.1% |
| Tangible fixed assets | 22/27 | €45,184 | €44,674 | -€510 | -1.1% |
| Land and buildings | 22 | €41,157 | €34,757 | -€6,400 | -15.6% |
| Plant, machinery and equipment | 23 | €3,135 | €2,213 | -€923 | -29.4% |
| Furniture and vehicles | 24 | €892 | €7,704 | +€6,812 | +764% |
| Current assets | 29/58 | €37,455 | €46,696 | +€9,241 | +24.7% |
| Amounts receivable within one year | 40/41 | €1,244 | - | -€1,244 | |
| Other amounts receivable | 41 | €1,244 | - | -€1,244 | |
| Cash at bank and in hand | 54/58 | €35,317 | €45,755 | +€10,438 | +29.6% |
| Deferred charges and accrued income | 490/1 | €895 | €942 | +€47 | +5.3% |
| Total equity and liabilities | 10/49 | €82,639 | €91,370 | +€8,731 | +10.6% |
| Equity | 10/15 | €81,526 | €91,041 | +€9,514 | +11.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €36,244 | €45,758 | +€9,514 | +26.3% |
| Distributable reserves | 133 | €36,244 | €45,758 | +€9,514 | +26.3% |
| Profit (loss) carried forward | 14 | €26,733 | €26,733 | = | 0.0% |
| Amounts payable | 17/49 | €1,113 | €330 | -€783 | -70.4% |
| Amounts payable within one year | 42/48 | €1,113 | €330 | -€783 | -70.4% |
| Taxes, remuneration and social security | 45 | - | €17 | +€17 | |
| Taxes | 450/3 | - | €17 | +€17 | |
| Other amounts payable | 47/48 | €1,113 | €313 | -€800 | -71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,234 | €7,757 | +€522 | +7.2% |
| Other operating charges | 640/8 | €1,091 | €1,022 | -€69 | -6.3% |
| Gross operating margin | 9900 | €15,728 | €21,852 | +€6,124 | +38.9% |
| Operating profit (loss) | 9901 | €7,402 | €13,073 | +€5,671 | +76.6% |
| Financial income | 75/76B | €344 | €3 | -€341 | -99.1% |
| Recurring financial income | 75 | €344 | €3 | -€341 | -99.1% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €7,703 | €13,031 | +€5,328 | +69.2% |
| Income taxes | 67/77 | €2,256 | €3,517 | +€1,261 | +55.9% |
| Profit (loss) for the period | 9904 | €5,447 | €9,514 | +€4,067 | +74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,447 | €9,514 | +€4,067 | +74.7% |
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 22 October 2026 via checked.be.