TRESPA BELGIUM: 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.
TRESPA BELGIUM
Largest movements
- Receivables within one year +€286,157
up €286,157 (+14.1%), from €2.0m to €2.3m
- Reserves +€252,887
up €252,887 (+11.6%), from €2.2m to €2.4m
- Tax, wage and social debts +€45,131
up €45,131 (+41.2%), from €109,489 to €154,620
of which Remuneration and social security: +€45,131
- Staff costs +€133,567
up €133,567 (+14.9%), from €894,818 to €1.0m
- Gross operating margin +€116,976
up €116,976 (+9.2%), from €1.3m to €1.4m
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,332,664 | €2,623,420 | +€290,755 | +12.5% |
| Current assets | 29/58 | €2,332,664 | €2,623,420 | +€290,755 | +12.5% |
| Amounts receivable after more than one year | 29 | €293,198 | €293,198 | = | 0.0% |
| Other amounts receivable | 291 | €293,198 | €293,198 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,024,750 | €2,310,906 | +€286,157 | +14.1% |
| Other amounts receivable | 41 | €2,024,750 | €2,310,906 | +€286,157 | +14.1% |
| Deferred charges and accrued income | 490/1 | €14,717 | €19,316 | +€4,599 | +31.2% |
| Total equity and liabilities | 10/49 | €2,332,664 | €2,623,420 | +€290,755 | +12.5% |
| Equity | 10/15 | €2,193,369 | €2,446,256 | +€252,887 | +11.5% |
| Contributions | 10/11 | €15,998 | €15,998 | = | 0.0% |
| Reserves | 13 | €2,177,371 | €2,430,258 | +€252,887 | +11.6% |
| Distributable reserves | 133 | €2,177,371 | €2,430,258 | +€252,887 | +11.6% |
| Amounts payable | 17/49 | €139,295 | €177,164 | +€37,868 | +27.2% |
| Amounts payable within one year | 42/48 | €139,295 | €177,164 | +€37,868 | +27.2% |
| Trade debts | 44 | €29,806 | €22,543 | -€7,263 | -24.4% |
| Suppliers | 440/4 | €29,806 | €22,543 | -€7,263 | -24.4% |
| Taxes, remuneration and social security | 45 | €109,489 | €154,620 | +€45,131 | +41.2% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €109,489 | €154,620 | +€45,131 | +41.2% |
| Remuneration, social security and pensions | 62 | €894,818 | €1,028,385 | +€133,567 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €242 | €598 | +€356 | +147% |
| Gross operating margin | 9900 | €1,270,695 | €1,387,672 | +€116,976 | +9.2% |
| Operating profit (loss) | 9901 | €375,636 | €358,689 | -€16,947 | -4.5% |
| Financial income | 75/76B | €10,852 | €6,605 | -€4,246 | -39.1% |
| Recurring financial income | 75 | €10,852 | €6,605 | -€4,246 | -39.1% |
| Financial charges | 65/66B | €6,709 | €4,844 | -€1,865 | -27.8% |
| Recurring financial charges | 65 | €6,709 | €4,844 | -€1,865 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €379,779 | €360,451 | -€19,328 | -5.1% |
| Income taxes | 67/77 | €101,622 | €107,564 | +€5,942 | +5.8% |
| Profit (loss) for the period | 9904 | €278,157 | €252,887 | -€25,270 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €278,157 | €252,887 | -€25,270 | -9.1% |
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 24 October 2026 via checked.be.