TRESCO ENGINEERING: 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.
What changed
TRESCO ENGINEERING
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3.7m
2024 · €2.8m+€916,087
Equity
€7.5m
2024 · €5.0m+€2.5m
Cash
€2.9m
2024 · €2.8m+€80,627
Balance sheet total
€10.1m
2024 · €5.9m+€4.2m
Largest movements
Assets
- Receivables within one year +€3.9m
up €3.9m (+179.2%), from €2.2m to €6.1m
of which Other amounts receivable: +€3.8m
- Intangible fixed assets +€170,388
up €170,388 (+84.0%), from €202,916 to €373,303
- Deferred charges and accrued income +€109,821
up €109,821 (+123.8%), from €88,697 to €198,518
- Tangible fixed assets -€102,904
down €102,904 (-21.3%), from €483,362 to €380,458
of which Furniture and vehicles: -€74,984
Equity and liabilities
- Reserves +€2.5m
up €2.5m (+49.4%), from €5.0m to €7.5m
of which Distributable reserves: +€2.5m
- Other debts +€1.1m
up €1.1m, from €0 to €1.1m
- Trade debts +€663,564
up €663,564 (+904.5%), from €73,365 to €736,929
Income statement
- Gross operating margin +€942,292
up €942,292 (+25.9%), from €3.6m to €4.6m
- Depreciation +€59,776
up €59,776 (+52.9%), from €113,060 to €172,836
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.
Result 2024
€2.8m
Gross operating margin
+€942,292
Staff costs
-€31,153
Depreciation
-€59,776
Other operating charges
+€2,632
Financial income
+€45,362
Financial charges
-€6,330
Taxes
+€23,060
Result 2025
€3.7m
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.
From operations
+€1.6m
Investment
-€240,320
Financing
-€1.3m
Cash 2024
€2.8m
From operations (derived)
+€1.6m
Net result for the year
+€3.7m
Depreciation
+€172,836
Stocks and contracts
-€15,674
Receivables within one year
-€3.9m
Deferred charges and accrued income
-€109,821
Trade debts
+€663,564
Tax, wage and social debts
+€11,380
Other debts
+€1.1m
Accrued charges and deferred income
+€63,105
Investment (derived)
-€240,320
Investment in fixed assets (net)
-€240,320
Financing
-€1.3m
Debts after one year
-€37,042
Current portion of long-term debt
-€29,210
Contributions, distributions and other
-€1.2m
Cash 2025
€2.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,919,927 | €10,125,800 | +€4.2m | +71.0% |
| Fixed assets | 21/28 | €686,635 | €754,119 | +€67,483 | +9.8% |
| Intangible fixed assets | 21 | €202,916 | €373,303 | +€170,388 | +84.0% |
| Tangible fixed assets | 22/27 | €483,362 | €380,458 | -€102,904 | -21.3% |
| Land and buildings | 22 | €231,002 | €197,621 | -€33,381 | -14.5% |
| Plant, machinery and equipment | 23 | €236 | €5,697 | +€5,461 | +2313.1% |
| Furniture and vehicles | 24 | €252,124 | €177,139 | -€74,984 | -29.7% |
| Financial fixed assets | 28 | €358 | €358 | = | 0.0% |
| Current assets | 29/58 | €5,233,292 | €9,371,681 | +€4.1m | +79.1% |
| Stocks and contracts in progress | 3 | €168,505 | €184,179 | +€15,674 | +9.3% |
| Stocks | 30/36 | €168,505 | €184,179 | +€15,674 | +9.3% |
| Amounts receivable within one year | 40/41 | €2,193,861 | €6,126,129 | +€3.9m | +179.2% |
| Trade receivables | 40 | €406,199 | €561,050 | +€154,851 | +38.1% |
| Other amounts receivable | 41 | €1,787,662 | €5,565,079 | +€3.8m | +211.3% |
| Cash at bank and in hand | 54/58 | €2,782,229 | €2,862,855 | +€80,627 | +2.9% |
| Deferred charges and accrued income | 490/1 | €88,697 | €198,518 | +€109,821 | +123.8% |
| Total equity and liabilities | 10/49 | €5,919,927 | €10,125,800 | +€4.2m | +71.0% |
| Equity | 10/15 | €5,021,988 | €7,494,710 | +€2.5m | +49.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €5,003,396 | €7,476,118 | +€2.5m | +49.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €5,001,537 | €7,474,259 | +€2.5m | +49.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €897,939 | €2,631,089 | +€1.7m | +193.0% |
| Amounts payable after more than one year | 17 | €37,042 | €0 | -€37,042 | -100.0% |
| Financial debts | 170/4 | €37,042 | €0 | -€37,042 | -100.0% |
| Amounts payable within one year | 42/48 | €212,970 | €1,920,057 | +€1.7m | +801.6% |
| Current portion of amounts payable after more than one year | 42 | €29,210 | €0 | -€29,210 | -100.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €73,365 | €736,929 | +€663,564 | +904.5% |
| Suppliers | 440/4 | €73,365 | €736,929 | +€663,564 | +904.5% |
| Taxes, remuneration and social security | 45 | €110,395 | €121,774 | +€11,380 | +10.3% |
| Taxes | 450/3 | - | €14,593 | +€14,593 | |
| Remuneration and social security | 454/9 | €110,395 | €107,181 | -€3,214 | -2.9% |
| Other amounts payable | 47/48 | €0 | €1,061,354 | +€1.1m | |
| Accrued charges and deferred income | 492/3 | €647,927 | €711,032 | +€63,105 | +9.7% |
| Non-recurring operating income | 76A | €1,567 | €0 | -€1,567 | -100.0% |
| Remuneration, social security and pensions | 62 | €628,130 | €659,283 | +€31,153 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,060 | €172,836 | +€59,776 | +52.9% |
| Other operating charges | 640/8 | €4,931 | €2,299 | -€2,632 | -53.4% |
| Gross operating margin | 9900 | €3,644,121 | €4,586,414 | +€942,292 | +25.9% |
| Operating profit (loss) | 9901 | €2,898,000 | €3,751,995 | +€853,995 | +29.5% |
| Financial income | 75/76B | €77,627 | €122,989 | +€45,362 | +58.4% |
| Recurring financial income | 75 | €77,627 | €122,989 | +€45,362 | +58.4% |
| Financial charges | 65/66B | €3,570 | €9,900 | +€6,330 | +177.3% |
| Recurring financial charges | 65 | €3,570 | €9,900 | +€6,330 | +177.3% |
| Profit (loss) for the period before taxes | 9903 | €2,972,057 | €3,865,084 | +€893,027 | +30.0% |
| Income taxes | 67/77 | €219,508 | €196,448 | -€23,060 | -10.5% |
| Profit (loss) for the period | 9904 | €2,752,549 | €3,668,636 | +€916,087 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,752,549 | €3,668,636 | +€916,087 | +33.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.