Tresvulpiculae: 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.
Tresvulpiculae
Largest movements
- Receivables within one year +€7,072
up €7,072 (+50.7%), from €13,945 to €21,017
of which Trade receivables: +€4,583
- Cash -€6,214
down €6,214 (-17.4%), from €35,691 to €29,477
mainly Receivables within one year (-€7,072) and Trade debts (-€3,031)
- Deferred charges and accrued income -€1,962
down €1,962 (-71.6%), from €2,740 to €778
- Tangible fixed assets +€1,345
up €1,345 (+120%), from €1,124 to €2,468
of which Furniture and vehicles: +€1,345
- Reserves +€3,909
up €3,909 (+8.4%), from €46,325 to €50,234
- Trade debts -€3,031
down €3,031 (-90.7%), from €3,343 to €311
- Tax, wage and social debts -€815
down €815 (-100%), from €815 to €0
- Gross operating margin -€11,231
down €11,231 (-62.3%), from €18,018 to €6,787
- Taxes -€2,819
down €2,819 (-61.9%), from €4,551 to €1,732
- Depreciation +€338
up €338 (+156%), from €216 to €555
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 | €53,499 | €53,740 | +€241 | +0.5% |
| Fixed assets | 21/28 | €1,124 | €2,468 | +€1,345 | +120% |
| Tangible fixed assets | 22/27 | €1,124 | €2,468 | +€1,345 | +120% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,124 | €2,468 | +€1,345 | +120% |
| Current assets | 29/58 | €52,375 | €51,272 | -€1,104 | -2.1% |
| Amounts receivable within one year | 40/41 | €13,945 | €21,017 | +€7,072 | +50.7% |
| Trade receivables | 40 | €8,047 | €12,629 | +€4,583 | +57.0% |
| Other amounts receivable | 41 | €5,898 | €8,388 | +€2,490 | +42.2% |
| Cash at bank and in hand | 54/58 | €35,691 | €29,477 | -€6,214 | -17.4% |
| Deferred charges and accrued income | 490/1 | €2,740 | €778 | -€1,962 | -71.6% |
| Total equity and liabilities | 10/49 | €53,499 | €53,740 | +€241 | +0.5% |
| Equity | 10/15 | €49,325 | €53,234 | +€3,909 | +7.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,325 | €50,234 | +€3,909 | +8.4% |
| Distributable reserves | 133 | €46,325 | €50,234 | +€3,909 | +8.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,174 | €506 | -€3,668 | -87.9% |
| Amounts payable within one year | 42/48 | €4,174 | €506 | -€3,668 | -87.9% |
| Trade debts | 44 | €3,343 | €311 | -€3,031 | -90.7% |
| Suppliers | 440/4 | €3,343 | €311 | -€3,031 | -90.7% |
| Taxes, remuneration and social security | 45 | €815 | €0 | -€815 | -100% |
| Taxes | 450/3 | €815 | €0 | -€815 | -100% |
| Other amounts payable | 47/48 | €17 | €195 | +€178 | +1,068% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216 | €555 | +€338 | +156% |
| Other operating charges | 640/8 | €499 | €465 | -€34 | -6.8% |
| Gross operating margin | 9900 | €18,018 | €6,787 | -€11,231 | -62.3% |
| Operating profit (loss) | 9901 | €17,302 | €5,767 | -€11,536 | -66.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €86 | €126 | +€40 | +46.2% |
| Recurring financial charges | 65 | €86 | €126 | +€40 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €17,216 | €5,641 | -€11,575 | -67.2% |
| Income taxes | 67/77 | €4,551 | €1,732 | -€2,819 | -61.9% |
| Profit (loss) for the period | 9904 | €12,665 | €3,909 | -€8,756 | -69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,665 | €3,909 | -€8,756 | -69.1% |
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 22 October 2026 via checked.be.