DRUKKERIJ TRUDO: what changed
DRUKKERIJ TRUDO
Largest movements
- Cash +€38,653
up €38,653 (+76.2%), from €50,699 to €89,352
mainly Receivables within one year (+€27,973) and Net result for the year (+€17,736)
- Receivables within one year -€27,973
down €27,973 (-35.8%), from €78,110 to €50,137
- Tangible fixed assets -€9,712
down €9,712 (-34.7%), from €27,967 to €18,255
of which Land and buildings: -€6,943
- Stocks and contracts -€4,229
down €4,229 (-18.8%), from €22,446 to €18,218
- Reserves +€17,736
up €17,736 (+7.9%), from €224,763 to €242,499
of which Distributable reserves: +€17,736
- Trade debts -€12,500
down €12,500 (-37.2%), from €33,588 to €21,088
- Current portion of long-term debt -€5,095
down €5,095 (-91.4%), from €5,572 to €477
- Tax, wage and social debts -€3,355
down €3,355 (-16.0%), from €20,913 to €17,558
- Gross operating margin -€83,146
down €83,146 (-65.0%), from €127,825 to €44,680
- Staff costs -€27,492
down €27,492 (-75.1%), from €36,586 to €9,093
- Taxes +€1,763
up €1,763 (+1,162%), from €152 to €1,915
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €180,838 | €177,546 | -€3,292 | -1.8% |
| Fixed assets | 21/28 | €27,967 | €18,255 | -€9,712 | -34.7% |
| Tangible fixed assets | 22/27 | €27,967 | €18,255 | -€9,712 | -34.7% |
| Land and buildings | 22 | €14,984 | €8,041 | -€6,943 | -46.3% |
| Plant, machinery and equipment | 23 | €318 | €1,014 | +€696 | +219% |
| Furniture and vehicles | 24 | €12,665 | €9,201 | -€3,465 | -27.4% |
| Current assets | 29/58 | €152,871 | €159,291 | +€6,420 | +4.2% |
| Stocks and contracts in progress | 3 | €22,446 | €18,218 | -€4,229 | -18.8% |
| Stocks | 30/36 | €22,446 | €18,218 | -€4,229 | -18.8% |
| Amounts receivable within one year | 40/41 | €78,110 | €50,137 | -€27,973 | -35.8% |
| Trade receivables | 40 | €78,110 | €50,137 | -€27,973 | -35.8% |
| Cash at bank and in hand | 54/58 | €50,699 | €89,352 | +€38,653 | +76.2% |
| Deferred charges and accrued income | 490/1 | €1,615 | €1,585 | -€31 | -1.9% |
| Total equity and liabilities | 10/49 | €180,838 | €177,546 | -€3,292 | -1.8% |
| Equity | 10/15 | €118,999 | €136,735 | +€17,736 | +14.9% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €224,763 | €242,499 | +€17,736 | +7.9% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,811 | €12,811 | = | 0.0% |
| Distributable reserves | 133 | €209,473 | €227,209 | +€17,736 | +8.5% |
| Profit (loss) carried forward | 14 | -€130,553 | -€130,553 | = | 0.0% |
| Amounts payable | 17/49 | €61,839 | €40,812 | -€21,028 | -34.0% |
| Amounts payable after more than one year | 17 | €477 | - | -€477 | |
| Financial debts | 170/4 | €477 | - | -€477 | |
| Amounts payable within one year | 42/48 | €60,149 | €39,198 | -€20,950 | -34.8% |
| Current portion of amounts payable after more than one year | 42 | €5,572 | €477 | -€5,095 | -91.4% |
| Trade debts | 44 | €33,588 | €21,088 | -€12,500 | -37.2% |
| Suppliers | 440/4 | €33,588 | €21,088 | -€12,500 | -37.2% |
| Taxes, remuneration and social security | 45 | €20,913 | €17,558 | -€3,355 | -16.0% |
| Taxes | 450/3 | €20,913 | €17,558 | -€3,355 | -16.0% |
| Other amounts payable | 47/48 | €76 | €76 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,214 | €1,613 | +€399 | +32.9% |
| Remuneration, social security and pensions | 62 | €36,586 | €9,093 | -€27,492 | -75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,900 | €11,569 | +€669 | +6.1% |
| Other operating charges | 640/8 | €3,863 | €3,978 | +€114 | +3.0% |
| Gross operating margin | 9900 | €127,825 | €44,680 | -€83,146 | -65.0% |
| Operating profit (loss) | 9901 | €76,477 | €20,040 | -€56,437 | -73.8% |
| Financial income | 75/76B | €20 | €109 | +€89 | +446% |
| Recurring financial income | 75 | €20 | €109 | +€89 | +446% |
| Financial charges | 65/66B | €1,044 | €499 | -€545 | -52.2% |
| Recurring financial charges | 65 | €1,044 | €499 | -€545 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | €75,453 | €19,650 | -€55,803 | -74.0% |
| Income taxes | 67/77 | €152 | €1,915 | +€1,763 | +1,162% |
| Profit (loss) for the period | 9904 | €75,301 | €17,736 | -€57,566 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €75,301 | €17,736 | -€57,566 | -76.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.