TreSure: 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.
TreSure
Largest movements
- Current investments -€32,154
down €32,154 (-10.1%), from €319,193 to €287,039
- Cash +€18,282
up €18,282 (+320.7%), from €5,701 to €23,983
mainly Net result for the year (+€59,493) and Current investments (+€32,154)
- Receivables within one year +€15,013
up €15,013 (+70.8%), from €21,210 to €36,223
of which Other amounts receivable: +€22,253
- Tangible fixed assets +€5,806
up €5,806 (+21.3%), from €27,269 to €33,075
of which Furniture and vehicles: +€5,275
- Deferred charges and accrued income +€5,573
up €5,573 (+525.2%), from €1,061 to €6,634
- Trade debts +€23,420
up €23,420 (+56844.7%), from €41 to €23,461
- Tax, wage and social debts -€8,429
down €8,429 (-35.2%), from €23,948 to €15,519
- Gross operating margin -€46,044
down €46,044 (-32.4%), from €142,323 to €96,279
- Financial income +€16,244
up €16,244 (+31.5%), from €51,615 to €67,859
- Financial charges -€4,622
down €4,622 (-7.9%), from €58,174 to €53,552
- Depreciation +€3,280
up €3,280 (+224.9%), from €1,458 to €4,738
- Taxes -€2,799
down €2,799 (-6.0%), from €46,976 to €44,177
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 | €374,434 | €386,954 | +€12,520 | +3.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €27,269 | €33,075 | +€5,806 | +21.3% |
| Tangible fixed assets | 22/27 | €27,269 | €33,075 | +€5,806 | +21.3% |
| Land and buildings | 22 | €23,877 | €24,408 | +€531 | +2.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,392 | €8,667 | +€5,275 | +155.5% |
| Current assets | 29/58 | €347,166 | €353,880 | +€6,714 | +1.9% |
| Amounts receivable within one year | 40/41 | €21,210 | €36,223 | +€15,013 | +70.8% |
| Trade receivables | 40 | €21,210 | €13,970 | -€7,240 | -34.1% |
| Other amounts receivable | 41 | - | €22,253 | +€22,253 | |
| Current investments | 50/53 | €319,193 | €287,039 | -€32,154 | -10.1% |
| Cash at bank and in hand | 54/58 | €5,701 | €23,983 | +€18,282 | +320.7% |
| Deferred charges and accrued income | 490/1 | €1,061 | €6,634 | +€5,573 | +525.2% |
| Total equity and liabilities | 10/49 | €374,434 | €386,954 | +€12,520 | +3.3% |
| Equity | 10/15 | €350,445 | €347,974 | -€2,471 | -0.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €345,445 | €342,974 | -€2,471 | -0.7% |
| Non-distributable reserves | 130/1 | €345,291 | €342,819 | -€2,472 | -0.7% |
| Reserves not available under the articles | 1311 | €345,291 | €342,819 | -€2,472 | -0.7% |
| Distributable reserves | 133 | €154 | €156 | +€2 | +1.1% |
| Amounts payable | 17/49 | €23,989 | €38,980 | +€14,991 | +62.5% |
| Amounts payable within one year | 42/48 | €23,989 | €38,980 | +€14,991 | +62.5% |
| Trade debts | 44 | €41 | €23,461 | +€23,420 | +56844.7% |
| Suppliers | 440/4 | €41 | €23,461 | +€23,420 | +56844.7% |
| Taxes, remuneration and social security | 45 | €23,948 | €15,519 | -€8,429 | -35.2% |
| Taxes | 450/3 | €23,948 | €15,519 | -€8,429 | -35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,458 | €4,738 | +€3,280 | +224.9% |
| Other operating charges | 640/8 | €2,214 | €2,178 | -€36 | -1.6% |
| Gross operating margin | 9900 | €142,323 | €96,279 | -€46,044 | -32.4% |
| Operating profit (loss) | 9901 | €138,651 | €89,363 | -€49,287 | -35.5% |
| Financial income | 75/76B | €51,615 | €67,859 | +€16,244 | +31.5% |
| Recurring financial income | 75 | €51,615 | €67,859 | +€16,244 | +31.5% |
| Financial charges | 65/66B | €58,174 | €53,552 | -€4,622 | -7.9% |
| Recurring financial charges | 65 | €58,174 | €53,552 | -€4,622 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €132,091 | €103,670 | -€28,422 | -21.5% |
| Income taxes | 67/77 | €46,976 | €44,177 | -€2,799 | -6.0% |
| Profit (loss) for the period | 9904 | €85,116 | €59,493 | -€25,623 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €85,116 | €59,493 | -€25,623 | -30.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.