TREVEST: 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.
TREVEST
Largest movements
- Receivables within one year +€2,268
up €2,268 (+734%), from €309 to €2,578
of which Trade receivables: +€2,400
- Formation expenses -€482
down €482 (-30.3%), from €1,590 to €1,108
- Cash -€90
down €90 (-19.5%), from €461 to €371
mainly Receivables within one year (-€2,268)
- Other debts +€788
up €788 (+23.9%), from €3,298 to €4,086
- Profit (loss) carried forward +€629
up €629 (+15.4%), from -€4,083 to -€3,454
- Trade debts +€280
up €280 (+193%), from €145 to €425
- Gross operating margin +€2,734
up €2,734, from -€1,175 to €1,559
- Other operating charges +€231
up €231 (+362%), from €64 to €295
- Financial charges +€32
up €32 (+24.7%), from €129 to €161
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 | €2,360 | €4,056 | +€1,696 | +71.9% |
| Formation expenses | 20 | €1,590 | €1,108 | -€482 | -30.3% |
| Current assets | 29/58 | €770 | €2,949 | +€2,179 | +283% |
| Amounts receivable within one year | 40/41 | €309 | €2,578 | +€2,268 | +734% |
| Trade receivables | 40 | - | €2,400 | +€2,400 | |
| Other amounts receivable | 41 | €309 | €178 | -€132 | -42.5% |
| Cash at bank and in hand | 54/58 | €461 | €371 | -€90 | -19.5% |
| Total equity and liabilities | 10/49 | €2,360 | €4,056 | +€1,696 | +71.9% |
| Equity | 10/15 | -€1,083 | -€454 | +€629 | +58.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,083 | -€3,454 | +€629 | +15.4% |
| Amounts payable | 17/49 | €3,443 | €4,511 | +€1,068 | +31.0% |
| Amounts payable within one year | 42/48 | €3,443 | €4,511 | +€1,068 | +31.0% |
| Trade debts | 44 | €145 | €425 | +€280 | +193% |
| Suppliers | 440/4 | €145 | €425 | +€280 | +193% |
| Other amounts payable | 47/48 | €3,298 | €4,086 | +€788 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482 | €482 | = | 0.0% |
| Other operating charges | 640/8 | €64 | €295 | +€231 | +362% |
| Gross operating margin | 9900 | -€1,175 | €1,559 | +€2,734 | |
| Operating profit (loss) | 9901 | -€1,721 | €782 | +€2,503 | |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €129 | €161 | +€32 | +24.7% |
| Recurring financial charges | 65 | €129 | €161 | +€32 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,850 | €629 | +€2,479 | |
| Profit (loss) for the period | 9904 | -€1,850 | €629 | +€2,479 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,850 | €629 | +€2,479 |
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 14 October 2026 via checked.be.