Tresius: 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.
Tresius
Largest movements
- Tangible fixed assets -€21,822
down €21,822 (-20.2%), from €108,283 to €86,461
of which Land and buildings: -€21,429
- Receivables within one year +€9,022
up €9,022 (+4.6%), from €194,042 to €203,064
of which Other amounts receivable: +€23,496
- Debts after one year -€43,910
down €43,910 (-27.6%), from €158,848 to €114,938
- Reserves +€43,094
up €43,094 (+65.8%), from €65,513 to €108,607
- Other debts -€19,826
down €19,826 (-48.4%), from €40,957 to €21,132
- Trade debts +€10,213
up €10,213 (+949.9%), from €1,075 to €11,289
- Gross operating margin -€9,000
down €9,000 (-15.6%), from €57,621 to €48,622
- Taxes -€3,510
down €3,510 (-20.7%), from €16,996 to €13,486
- Financial income +€1,481
up €1,481 (+20.1%), from €7,356 to €8,837
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 | €304,333 | €293,796 | -€10,538 | -3.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €108,438 | €86,466 | -€21,972 | -20.3% |
| Tangible fixed assets | 22/27 | €108,283 | €86,461 | -€21,822 | -20.2% |
| Land and buildings | 22 | €107,143 | €85,714 | -€21,429 | -20.0% |
| Furniture and vehicles | 24 | €1,140 | €747 | -€393 | -34.5% |
| Financial fixed assets | 28 | €155 | €5 | -€150 | -96.8% |
| Current assets | 29/58 | €195,895 | €207,329 | +€11,434 | +5.8% |
| Stocks and contracts in progress | 3 | €307 | €307 | = | 0.0% |
| Stocks | 30/36 | €307 | €307 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €194,042 | €203,064 | +€9,022 | +4.6% |
| Trade receivables | 40 | €46,038 | €31,564 | -€14,474 | -31.4% |
| Other amounts receivable | 41 | €148,003 | €171,500 | +€23,496 | +15.9% |
| Cash at bank and in hand | 54/58 | €1,546 | €3,959 | +€2,413 | +156.1% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €304,333 | €293,796 | -€10,538 | -3.5% |
| Equity | 10/15 | €71,713 | €114,807 | +€43,094 | +60.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,513 | €108,607 | +€43,094 | +65.8% |
| Distributable reserves | 133 | €65,513 | €108,607 | +€43,094 | +65.8% |
| Amounts payable | 17/49 | €232,620 | €178,988 | -€53,631 | -23.1% |
| Amounts payable after more than one year | 17 | €158,848 | €114,938 | -€43,910 | -27.6% |
| Financial debts | 170/4 | €158,848 | €114,938 | -€43,910 | -27.6% |
| Amounts payable within one year | 42/48 | €73,772 | €64,050 | -€9,721 | -13.2% |
| Trade debts | 44 | €1,075 | €11,289 | +€10,213 | +949.9% |
| Suppliers | 440/4 | €1,075 | €11,289 | +€10,213 | +949.9% |
| Taxes, remuneration and social security | 45 | €31,739 | €31,630 | -€109 | -0.3% |
| Taxes | 450/3 | €31,739 | €31,630 | -€109 | -0.3% |
| Other amounts payable | 47/48 | €40,957 | €21,132 | -€19,826 | -48.4% |
| Non-recurring operating income | 76A | €19,841 | €22,481 | +€2,640 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €393 | €393 | = | 0.0% |
| Other operating charges | 640/8 | €612 | €340 | -€272 | -44.4% |
| Gross operating margin | 9900 | €57,621 | €48,622 | -€9,000 | -15.6% |
| Operating profit (loss) | 9901 | €56,616 | €47,888 | -€8,728 | -15.4% |
| Financial income | 75/76B | €7,356 | €8,837 | +€1,481 | +20.1% |
| Recurring financial income | 75 | €7,356 | €8,837 | +€1,481 | +20.1% |
| Financial charges | 65/66B | €71 | €145 | +€74 | +104.0% |
| Recurring financial charges | 65 | €71 | €145 | +€74 | +104.0% |
| Profit (loss) for the period before taxes | 9903 | €63,901 | €56,580 | -€7,321 | -11.5% |
| Income taxes | 67/77 | €16,996 | €13,486 | -€3,510 | -20.7% |
| Profit (loss) for the period | 9904 | €46,905 | €43,094 | -€3,811 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,905 | €43,094 | -€3,811 | -8.1% |
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 12 October 2026 via checked.be.