TREVISAN: 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.
TREVISAN
Largest movements
- Cash +€54,811
up €54,811 (+1119.3%), from €4,897 to €59,708
mainly Receivables within one year (+€38,447) and Depreciation (+€26,889)
- Receivables within one year -€38,447
down €38,447 (-53.3%), from €72,123 to €33,676
of which Trade receivables: -€42,931
- Tangible fixed assets -€25,492
down €25,492 (-5.4%), from €467,855 to €442,363
of which Land and buildings: -€12,928
- Debts after one year -€14,229
down €14,229 (-9.2%), from €154,845 to €140,616
- Reserves +€7,500
up €7,500 (+4.3%), from €172,850 to €180,350
of which Distributable reserves: +€7,500
- Gross operating margin -€21,915
down €21,915 (-34.0%), from €64,468 to €42,552
- Taxes -€7,560
down €7,560 (-71.0%), from €10,654 to €3,094
- Depreciation +€977
up €977 (+3.8%), from €25,911 to €26,889
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 | €555,632 | €545,954 | -€9,678 | -1.7% |
| Fixed assets | 21/28 | €477,305 | €451,813 | -€25,492 | -5.3% |
| Tangible fixed assets | 22/27 | €467,855 | €442,363 | -€25,492 | -5.4% |
| Land and buildings | 22 | €417,780 | €404,852 | -€12,928 | -3.1% |
| Plant, machinery and equipment | 23 | €6,586 | €5,500 | -€1,085 | -16.5% |
| Furniture and vehicles | 24 | €43,489 | €32,011 | -€11,479 | -26.4% |
| Financial fixed assets | 28 | €9,450 | €9,450 | = | 0.0% |
| Current assets | 29/58 | €78,327 | €94,141 | +€15,814 | +20.2% |
| Amounts receivable within one year | 40/41 | €72,123 | €33,676 | -€38,447 | -53.3% |
| Trade receivables | 40 | €71,486 | €28,554 | -€42,931 | -60.1% |
| Other amounts receivable | 41 | €638 | €5,122 | +€4,484 | +703.3% |
| Cash at bank and in hand | 54/58 | €4,897 | €59,708 | +€54,811 | +1119.3% |
| Deferred charges and accrued income | 490/1 | €1,307 | €757 | -€550 | -42.1% |
| Total equity and liabilities | 10/49 | €555,632 | €545,954 | -€9,678 | -1.7% |
| Equity | 10/15 | €364,931 | €372,723 | +€7,793 | +2.1% |
| Contributions | 10/11 | €65,200 | €65,200 | = | 0.0% |
| Capital | 10 | €65,200 | - | -€65,200 | |
| Issued capital | 100 | €78,500 | - | -€78,500 | |
| Uncalled capital | 101 | €13,300 | - | -€13,300 | |
| Reserves | 13 | €172,850 | €180,350 | +€7,500 | +4.3% |
| Non-distributable reserves | 130/1 | €7,850 | €7,850 | = | 0.0% |
| Legal reserve | 130 | €7,850 | - | -€7,850 | |
| Reserves not available under the articles | 1311 | - | €7,850 | +€7,850 | |
| Distributable reserves | 133 | €165,000 | €172,500 | +€7,500 | +4.5% |
| Profit (loss) carried forward | 14 | €126,881 | €127,173 | +€293 | +0.2% |
| Amounts payable | 17/49 | €190,702 | €173,231 | -€17,471 | -9.2% |
| Amounts payable after more than one year | 17 | €154,845 | €140,616 | -€14,229 | -9.2% |
| Financial debts | 170/4 | €154,845 | €140,616 | -€14,229 | -9.2% |
| Amounts payable within one year | 42/48 | €35,857 | €32,615 | -€3,242 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €15,398 | €15,578 | +€180 | +1.2% |
| Trade debts | 44 | €5,963 | €490 | -€5,473 | -91.8% |
| Suppliers | 440/4 | €5,963 | €490 | -€5,473 | -91.8% |
| Taxes, remuneration and social security | 45 | €3,875 | €6,757 | +€2,881 | +74.3% |
| Taxes | 450/3 | €3,875 | €6,757 | +€2,881 | +74.3% |
| Other amounts payable | 47/48 | €10,621 | €9,790 | -€831 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,911 | €26,889 | +€977 | +3.8% |
| Other operating charges | 640/8 | €2,641 | €2,620 | -€21 | -0.8% |
| Gross operating margin | 9900 | €64,468 | €42,552 | -€21,915 | -34.0% |
| Operating profit (loss) | 9901 | €35,916 | €13,044 | -€22,872 | -63.7% |
| Financial income | 75/76B | €263 | €128 | -€135 | -51.4% |
| Recurring financial income | 75 | €263 | €128 | -€135 | -51.4% |
| Financial charges | 65/66B | €2,470 | €2,285 | -€185 | -7.5% |
| Recurring financial charges | 65 | €2,470 | €2,285 | -€185 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €33,709 | €10,887 | -€22,822 | -67.7% |
| Income taxes | 67/77 | €10,654 | €3,094 | -€7,560 | -71.0% |
| Profit (loss) for the period | 9904 | €23,055 | €7,793 | -€15,262 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,055 | €7,793 | -€15,262 | -66.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.