DR. TRUYENS: 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.
DR. TRUYENS
Largest movements
- Cash -€64,890
down €64,890 (-81.1%), from €80,057 to €15,167
mainly Contributions, distributions and other (-€99,000) and Other debts (-€81,000)
- Tangible fixed assets -€3,906
down €3,906 (-22.5%), from €17,330 to €13,424
of which Furniture and vehicles: -€4,987
- Other debts -€81,000
down €81,000 (-81.0%), from €100,000 to €19,000
- Profit (loss) carried forward +€12,422
up €12,422 (+1,396%), from €890 to €13,312
- Gross operating margin +€8,468
up €8,468 (+5.9%), from €143,634 to €152,102
- Depreciation -€3,082
down €3,082 (-23.6%), from €13,046 to €9,964
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 | €107,877 | €38,422 | -€69,455 | -64.4% |
| Fixed assets | 21/28 | €17,330 | €13,424 | -€3,906 | -22.5% |
| Tangible fixed assets | 22/27 | €17,330 | €13,424 | -€3,906 | -22.5% |
| Plant, machinery and equipment | 23 | €1,166 | €3,243 | +€2,077 | +178% |
| Furniture and vehicles | 24 | €7,395 | €2,408 | -€4,987 | -67.4% |
| Other tangible fixed assets | 26 | €8,768 | €7,773 | -€995 | -11.3% |
| Current assets | 29/58 | €90,548 | €24,998 | -€65,549 | -72.4% |
| Amounts receivable within one year | 40/41 | €6,048 | €5,416 | -€631 | -10.4% |
| Other amounts receivable | 41 | €6,048 | €5,416 | -€631 | -10.4% |
| Cash at bank and in hand | 54/58 | €80,057 | €15,167 | -€64,890 | -81.1% |
| Deferred charges and accrued income | 490/1 | €4,442 | €4,414 | -€28 | -0.6% |
| Total equity and liabilities | 10/49 | €107,877 | €38,422 | -€69,455 | -64.4% |
| Equity | 10/15 | €5,890 | €18,312 | +€12,422 | +211% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €890 | €13,312 | +€12,422 | +1,396% |
| Amounts payable | 17/49 | €101,987 | €20,110 | -€81,877 | -80.3% |
| Amounts payable within one year | 42/48 | €100,913 | €20,110 | -€80,802 | -80.1% |
| Trade debts | 44 | €913 | €456 | -€456 | -50.0% |
| Suppliers | 440/4 | €913 | €456 | -€456 | -50.0% |
| Taxes, remuneration and social security | 45 | - | €654 | +€654 | |
| Taxes | 450/3 | - | €654 | +€654 | |
| Other amounts payable | 47/48 | €100,000 | €19,000 | -€81,000 | -81.0% |
| Accrued charges and deferred income | 492/3 | €1,074 | - | -€1,074 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,046 | €9,964 | -€3,082 | -23.6% |
| Other operating charges | 640/8 | €1,045 | €1,150 | +€105 | +10.0% |
| Gross operating margin | 9900 | €143,634 | €152,102 | +€8,468 | +5.9% |
| Operating profit (loss) | 9901 | €129,544 | €140,989 | +€11,445 | +8.8% |
| Financial income | 75/76B | €584 | €284 | -€300 | -51.4% |
| Recurring financial income | 75 | €584 | €284 | -€300 | -51.4% |
| Financial charges | 65/66B | €662 | €48 | -€613 | -92.7% |
| Recurring financial charges | 65 | €662 | €48 | -€613 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | €129,465 | €141,224 | +€11,759 | +9.1% |
| Income taxes | 67/77 | €28,972 | €29,802 | +€830 | +2.9% |
| Profit (loss) for the period | 9904 | €100,493 | €111,422 | +€10,928 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €100,493 | €111,422 | +€10,928 | +10.9% |
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 31 October 2026 via checked.be.