TREVLA: 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.
TREVLA
Largest movements
- Tangible fixed assets +€65,265
up €65,265 (+492.8%), from €13,243 to €78,508
- Cash +€18,028
up €18,028 (+34.8%), from €51,762 to €69,790
mainly Other debts (+€46,000) and Net result for the year (+€36,796)
- Deferred charges and accrued income +€3,001
new in 2025: €3,001
- Receivables within one year +€2,600
up €2,600 (+14.6%), from €17,837 to €20,437
- Other debts +€46,000
new in 2025: €46,000
- Profit (loss) carried forward +€36,796
up €36,796 (+63.0%), from €58,369 to €95,165
- Trade debts +€4,472
up €4,472 (+500.8%), from €893 to €5,365
- Tax, wage and social debts +€3,027
up €3,027 (+14.5%), from €20,899 to €23,926
of which Taxes: +€3,122
- Gross operating margin -€36,315
down €36,315 (-41.1%), from €88,340 to €52,025
- Taxes -€15,096
down €15,096 (-77.6%), from €19,456 to €4,360
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 | €83,162 | €173,456 | +€90,294 | +108.6% |
| Fixed assets | 21/28 | €13,563 | €80,228 | +€66,665 | +491.5% |
| Tangible fixed assets | 22/27 | €13,243 | €78,508 | +€65,265 | +492.8% |
| Furniture and vehicles | 24 | €13,243 | €78,508 | +€65,265 | +492.8% |
| Financial fixed assets | 28 | €320 | €1,720 | +€1,400 | +437.5% |
| Current assets | 29/58 | €69,599 | €93,228 | +€23,629 | +34.0% |
| Amounts receivable within one year | 40/41 | €17,837 | €20,437 | +€2,600 | +14.6% |
| Other amounts receivable | 41 | €17,837 | €20,437 | +€2,600 | +14.6% |
| Cash at bank and in hand | 54/58 | €51,762 | €69,790 | +€18,028 | +34.8% |
| Deferred charges and accrued income | 490/1 | - | €3,001 | +€3,001 | |
| Total equity and liabilities | 10/49 | €83,162 | €173,456 | +€90,294 | +108.6% |
| Equity | 10/15 | €61,369 | €98,165 | +€36,796 | +60.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,369 | €95,165 | +€36,796 | +63.0% |
| Amounts payable | 17/49 | €21,793 | €75,291 | +€53,498 | +245.5% |
| Amounts payable within one year | 42/48 | €21,792 | €75,291 | +€53,499 | +245.5% |
| Trade debts | 44 | €893 | €5,365 | +€4,472 | +500.8% |
| Suppliers | 440/4 | €893 | €5,365 | +€4,472 | +500.8% |
| Taxes, remuneration and social security | 45 | €20,899 | €23,926 | +€3,027 | +14.5% |
| Taxes | 450/3 | €20,804 | €23,926 | +€3,122 | +15.0% |
| Remuneration and social security | 454/9 | €95 | - | -€95 | |
| Other amounts payable | 47/48 | - | €46,000 | +€46,000 | |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Remuneration, social security and pensions | 62 | €3,222 | €3,303 | +€81 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,804 | €4,059 | +€255 | +6.7% |
| Other operating charges | 640/8 | €3,453 | €2,818 | -€635 | -18.4% |
| Gross operating margin | 9900 | €88,340 | €52,025 | -€36,315 | -41.1% |
| Operating profit (loss) | 9901 | €77,861 | €41,845 | -€36,016 | -46.3% |
| Financial income | 75/76B | €1,050 | €1,015 | -€35 | -3.3% |
| Recurring financial income | 75 | €1,050 | €1,015 | -€35 | -3.3% |
| Financial charges | 65/66B | €1,086 | €1,704 | +€618 | +56.9% |
| Recurring financial charges | 65 | €1,086 | €1,572 | +€486 | +44.8% |
| Non-recurring financial charges | 66B | - | €132 | +€132 | |
| Profit (loss) for the period before taxes | 9903 | €77,825 | €41,156 | -€36,669 | -47.1% |
| Income taxes | 67/77 | €19,456 | €4,360 | -€15,096 | -77.6% |
| Profit (loss) for the period | 9904 | €58,369 | €36,796 | -€21,573 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,369 | €36,796 | -€21,573 | -37.0% |
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 29 September 2026 via checked.be.