DEN TRAPPIST: 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.
DEN TRAPPIST
Largest movements
- Cash +€66,831
up €66,831 (+1451.3%), from €4,605 to €71,436
mainly Depreciation (+€36,934) and Net result for the year (+€23,475)
- Tangible fixed assets -€13,533
down €13,533 (-6.7%), from €202,984 to €189,451
of which Land and buildings: -€14,564
- Reserves +€23,475
up €23,475 (+40.0%), from €58,645 to €82,120
- Other debts +€17,502
up €17,502 (+41.7%), from €41,932 to €59,434
- Trade debts +€12,838
up €12,838 (+129.1%), from €9,945 to €22,783
- Debts after one year +€5,300
up €5,300 (+12.8%), from €41,259 to €46,559
- Tax, wage and social debts -€2,962
down €2,962 (-24.3%), from €12,192 to €9,229
of which Taxes: -€3,109
- Gross operating margin +€20,219
up €20,219 (+30.5%), from €66,365 to €86,584
- Staff costs +€6,075
new in 2025: €6,075
- Taxes +€5,770
up €5,770 (+125.1%), from €4,613 to €10,383
- Financial charges -€2,812
down €2,812 (-42.6%), from €6,609 to €3,797
- Other operating charges +€2,312
up €2,312 (+64.0%), from €3,612 to €5,924
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 | €222,667 | €276,845 | +€54,178 | +24.3% |
| Fixed assets | 21/28 | €203,829 | €190,296 | -€13,533 | -6.6% |
| Tangible fixed assets | 22/27 | €202,984 | €189,451 | -€13,533 | -6.7% |
| Land and buildings | 22 | €109,047 | €94,483 | -€14,564 | -13.4% |
| Plant, machinery and equipment | 23 | €80,343 | €88,249 | +€7,906 | +9.8% |
| Furniture and vehicles | 24 | €7,839 | €4,361 | -€3,478 | -44.4% |
| Leasing and similar rights | 25 | €5,754 | €2,357 | -€3,397 | -59.0% |
| Financial fixed assets | 28 | €845 | €845 | = | 0.0% |
| Current assets | 29/58 | €18,838 | €86,550 | +€67,711 | +359.4% |
| Stocks and contracts in progress | 3 | €5,210 | €4,854 | -€356 | -6.8% |
| Stocks | 30/36 | €5,210 | €4,854 | -€356 | -6.8% |
| Amounts receivable within one year | 40/41 | €9,023 | €10,260 | +€1,237 | +13.7% |
| Trade receivables | 40 | €1,983 | €6,099 | +€4,116 | +207.5% |
| Other amounts receivable | 41 | €7,040 | €4,160 | -€2,879 | -40.9% |
| Cash at bank and in hand | 54/58 | €4,605 | €71,436 | +€66,831 | +1451.3% |
| Total equity and liabilities | 10/49 | €222,667 | €276,845 | +€54,178 | +24.3% |
| Equity | 10/15 | €76,396 | €99,871 | +€23,475 | +30.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,645 | €82,120 | +€23,475 | +40.0% |
| Distributable reserves | 133 | €58,645 | €82,120 | +€23,475 | +40.0% |
| Profit (loss) carried forward | 14 | €11,551 | €11,551 | = | 0.0% |
| Amounts payable | 17/49 | €146,271 | €176,974 | +€30,703 | +21.0% |
| Amounts payable after more than one year | 17 | €41,259 | €46,559 | +€5,300 | +12.8% |
| Financial debts | 170/4 | €41,259 | €46,559 | +€5,300 | +12.8% |
| Amounts payable within one year | 42/48 | €103,282 | €130,416 | +€27,134 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €37,186 | €38,969 | +€1,783 | +4.8% |
| Trade debts | 44 | €9,945 | €22,783 | +€12,838 | +129.1% |
| Suppliers | 440/4 | €9,945 | €22,783 | +€12,838 | +129.1% |
| Advances received on contracts in progress | 46 | €2,027 | €0 | -€2,027 | -100.0% |
| Taxes, remuneration and social security | 45 | €12,192 | €9,229 | -€2,962 | -24.3% |
| Taxes | 450/3 | €10,612 | €7,503 | -€3,109 | -29.3% |
| Remuneration and social security | 454/9 | €1,580 | €1,727 | +€147 | +9.3% |
| Other amounts payable | 47/48 | €41,932 | €59,434 | +€17,502 | +41.7% |
| Accrued charges and deferred income | 492/3 | €1,730 | €0 | -€1,730 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €6,075 | +€6,075 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,955 | €36,934 | +€979 | +2.7% |
| Other operating charges | 640/8 | €3,612 | €5,924 | +€2,312 | +64.0% |
| Gross operating margin | 9900 | €66,365 | €86,584 | +€20,219 | +30.5% |
| Operating profit (loss) | 9901 | €26,799 | €37,651 | +€10,853 | +40.5% |
| Financial income | 75/76B | €10 | €3 | -€7 | -68.6% |
| Recurring financial income | 75 | €10 | €3 | -€7 | -68.6% |
| Financial charges | 65/66B | €6,609 | €3,797 | -€2,812 | -42.6% |
| Recurring financial charges | 65 | €6,609 | €3,797 | -€2,812 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €20,200 | €33,858 | +€13,658 | +67.6% |
| Income taxes | 67/77 | €4,613 | €10,383 | +€5,770 | +125.1% |
| Profit (loss) for the period | 9904 | €15,587 | €23,475 | +€7,888 | +50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,587 | €23,475 | +€7,888 | +50.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.