Data Trust Associates: 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.
Data Trust Associates
Largest movements
- Cash +€392,154
up €392,154 (+96.6%), from €406,144 to €798,298
mainly Net result for the year (+€547,793) and Current investments (+€386,619)
- Current investments -€386,619
down €386,619 (-93.9%), from €411,739 to €25,120
- Receivables within one year +€213,823
up €213,823 (+37.4%), from €571,317 to €785,140
of which Other amounts receivable: +€187,063
- Tangible fixed assets -€72,406
down €72,406 (-68.0%), from €106,455 to €34,049
of which Furniture and vehicles: -€72,595
- Other debts +€144,804
up €144,804 (+40.6%), from €356,952 to €501,756
- Trade debts +€143,611
up €143,611 (+49.0%), from €292,815 to €436,426
- Accrued charges and deferred income -€120,940
down €120,940 (-99.2%), from €121,921 to €981
- Reserves +€47,793
up €47,793 (+9.9%), from €482,327 to €530,120
of which Distributable reserves: +€49,885
- Debts after one year -€36,586
down €36,586 (-82.5%), from €44,338 to €7,752
- Gross operating margin +€486,737
up €486,737 (+39.5%), from €1.2m to €1.7m
- Taxes +€123,729
up €123,729 (+151%), from €81,760 to €205,489
- Staff costs +€101,063
up €101,063 (+11.4%), from €889,510 to €990,573
- Financial income +€75,705
up €75,705 (+3,670%), from €2,063 to €77,768
- Depreciation -€22,431
down €22,431 (-41.5%), from €54,041 to €31,610
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 | €1,527,601 | €1,679,051 | +€151,450 | +9.9% |
| Fixed assets | 21/28 | €125,367 | €49,699 | -€75,668 | -60.4% |
| Tangible fixed assets | 22/27 | €106,455 | €34,049 | -€72,406 | -68.0% |
| Plant, machinery and equipment | 23 | - | €3,016 | +€3,016 | |
| Furniture and vehicles | 24 | €93,677 | €21,082 | -€72,595 | -77.5% |
| Other tangible fixed assets | 26 | €12,778 | €9,951 | -€2,827 | -22.1% |
| Financial fixed assets | 28 | €18,912 | €15,650 | -€3,262 | -17.2% |
| Current assets | 29/58 | €1,402,235 | €1,629,352 | +€227,117 | +16.2% |
| Amounts receivable within one year | 40/41 | €571,317 | €785,140 | +€213,823 | +37.4% |
| Trade receivables | 40 | €571,317 | €598,077 | +€26,759 | +4.7% |
| Other amounts receivable | 41 | €0 | €187,063 | +€187,063 | |
| Current investments | 50/53 | €411,739 | €25,120 | -€386,619 | -93.9% |
| Cash at bank and in hand | 54/58 | €406,144 | €798,298 | +€392,154 | +96.6% |
| Deferred charges and accrued income | 490/1 | €13,034 | €20,794 | +€7,760 | +59.5% |
| Total equity and liabilities | 10/49 | €1,527,601 | €1,679,051 | +€151,450 | +9.9% |
| Equity | 10/15 | €503,253 | €551,046 | +€47,793 | +9.5% |
| Contributions | 10/11 | €20,926 | €20,926 | = | 0.0% |
| Reserves | 13 | €482,327 | €530,120 | +€47,793 | +9.9% |
| Non-distributable reserves | 130/1 | €2,093 | €0 | -€2,093 | -100% |
| Reserves not available under the articles | 1311 | €2,093 | €0 | -€2,093 | -100% |
| Distributable reserves | 133 | €480,234 | €530,120 | +€49,885 | +10.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,024,348 | €1,128,005 | +€103,657 | +10.1% |
| Amounts payable after more than one year | 17 | €44,338 | €7,752 | -€36,586 | -82.5% |
| Financial debts | 170/4 | €44,338 | €7,752 | -€36,586 | -82.5% |
| Amounts payable within one year | 42/48 | €858,090 | €1,119,272 | +€261,183 | +30.4% |
| Current portion of amounts payable after more than one year | 42 | €47,051 | €35,725 | -€11,326 | -24.1% |
| Financial debts | 43 | €2,611 | €2,976 | +€365 | +14.0% |
| Credit institutions | 430/8 | €2,611 | €2,976 | +€365 | +14.0% |
| Trade debts | 44 | €292,815 | €436,426 | +€143,611 | +49.0% |
| Suppliers | 440/4 | €292,815 | €436,426 | +€143,611 | +49.0% |
| Taxes, remuneration and social security | 45 | €158,661 | €142,389 | -€16,272 | -10.3% |
| Taxes | 450/3 | €75,790 | €66,068 | -€9,721 | -12.8% |
| Remuneration and social security | 454/9 | €82,872 | €76,321 | -€6,551 | -7.9% |
| Other amounts payable | 47/48 | €356,952 | €501,756 | +€144,804 | +40.6% |
| Accrued charges and deferred income | 492/3 | €121,921 | €981 | -€120,940 | -99.2% |
| Non-recurring operating income | 76A | €1,575 | €7,000 | +€5,425 | +344% |
| Remuneration, social security and pensions | 62 | €889,510 | €990,573 | +€101,063 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,041 | €31,610 | -€22,431 | -41.5% |
| Other operating charges | 640/8 | €3,392 | €2,639 | -€754 | -22.2% |
| Non-recurring operating charges | 66A | - | €15,632 | +€15,632 | |
| Gross operating margin | 9900 | €1,232,506 | €1,719,243 | +€486,737 | +39.5% |
| Operating profit (loss) | 9901 | €285,563 | €678,789 | +€393,226 | +138% |
| Financial income | 75/76B | €2,063 | €77,768 | +€75,705 | +3,670% |
| Recurring financial income | 75 | €2,063 | €77,768 | +€75,705 | +3,670% |
| Financial charges | 65/66B | €11,436 | €3,275 | -€8,160 | -71.4% |
| Recurring financial charges | 65 | €11,436 | €3,275 | -€8,160 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €276,190 | €753,281 | +€477,091 | +173% |
| Income taxes | 67/77 | €81,760 | €205,489 | +€123,729 | +151% |
| Profit (loss) for the period | 9904 | €194,430 | €547,793 | +€353,363 | +182% |
| Profit (loss) for the period to be appropriated | 9905 | €194,430 | €547,793 | +€353,363 | +182% |
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 18 October 2026 via checked.be.