entrust-support: 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.
entrust-support
Largest movements
- Receivables within one year -€34,092
down €34,092 (-19.4%), from €175,882 to €141,790
of which Other amounts receivable: -€21,872
- Intangible fixed assets -€9,600
down €9,600 (-10.0%), from €96,000 to €86,400
- Other debts +€78,383
up €78,383 (+154.5%), from €50,733 to €129,117
- Trade debts -€52,532
down €52,532 (-78.1%), from €67,291 to €14,758
- Debts after one year -€34,010
down €34,010 (-62.1%), from €54,773 to €20,763
- Profit (loss) carried forward -€30,597
down €30,597 (-408.2%), from -€7,495 to -€38,092
- Current portion of long-term debt -€10,612
down €10,612 (-22.2%), from €47,805 to €37,192
- Gross operating margin -€109,641
down €109,641 (-80.1%), from €136,932 to €27,290
- Staff costs -€90,664
down €90,664 (-72.4%), from €125,170 to €34,506
- Depreciation +€9,600
new in 2024: €9,600
- Financial charges +€2,360
up €2,360 (+25.0%), from €9,433 to €11,793
- Other operating charges -€1,540
down €1,540 (-43.7%), from €3,520 to €1,980
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €338,883 | €292,431 | -€46,452 | -13.7% |
| Fixed assets | 21/28 | €99,900 | €90,300 | -€9,600 | -9.6% |
| Intangible fixed assets | 21 | €96,000 | €86,400 | -€9,600 | -10.0% |
| Tangible fixed assets | 22/27 | €3,900 | €3,900 | = | 0.0% |
| Furniture and vehicles | 24 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €238,983 | €202,131 | -€36,852 | -15.4% |
| Amounts receivable after more than one year | 29 | €27,000 | €27,000 | = | 0.0% |
| Other amounts receivable | 291 | €27,000 | €27,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €175,882 | €141,790 | -€34,092 | -19.4% |
| Trade receivables | 40 | €103,552 | €91,333 | -€12,220 | -11.8% |
| Other amounts receivable | 41 | €72,330 | €50,457 | -€21,872 | -30.2% |
| Cash at bank and in hand | 54/58 | €8,862 | €6,038 | -€2,823 | -31.9% |
| Deferred charges and accrued income | 490/1 | €27,239 | €27,302 | +€63 | +0.2% |
| Total equity and liabilities | 10/49 | €338,883 | €292,431 | -€46,452 | -13.7% |
| Equity | 10/15 | €12,505 | -€18,092 | -€30,597 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,495 | -€38,092 | -€30,597 | -408.2% |
| Amounts payable | 17/49 | €326,378 | €310,523 | -€15,855 | -4.9% |
| Amounts payable after more than one year | 17 | €54,773 | €20,763 | -€34,010 | -62.1% |
| Financial debts | 170/4 | €54,773 | €20,763 | -€34,010 | -62.1% |
| Amounts payable within one year | 42/48 | €271,606 | €289,760 | +€18,155 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €47,805 | €37,192 | -€10,612 | -22.2% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €67,291 | €14,758 | -€52,532 | -78.1% |
| Suppliers | 440/4 | €67,291 | €14,758 | -€52,532 | -78.1% |
| Taxes, remuneration and social security | 45 | €5,777 | €8,693 | +€2,916 | +50.5% |
| Taxes | 450/3 | €5,777 | €8,693 | +€2,916 | +50.5% |
| Other amounts payable | 47/48 | €50,733 | €129,117 | +€78,383 | +154.5% |
| Remuneration, social security and pensions | 62 | €125,170 | €34,506 | -€90,664 | -72.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,600 | +€9,600 | |
| Other operating charges | 640/8 | €3,520 | €1,980 | -€1,540 | -43.7% |
| Gross operating margin | 9900 | €136,932 | €27,290 | -€109,641 | -80.1% |
| Operating profit (loss) | 9901 | €8,242 | -€18,795 | -€27,038 | |
| Financial income | 75/76B | €123 | €186 | +€64 | +51.8% |
| Recurring financial income | 75 | €123 | €186 | +€64 | +51.8% |
| Financial charges | 65/66B | €9,433 | €11,793 | +€2,360 | +25.0% |
| Recurring financial charges | 65 | €9,433 | €11,793 | +€2,360 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,068 | -€30,402 | -€29,335 | -2747.3% |
| Income taxes | 67/77 | €760 | €195 | -€565 | -74.4% |
| Profit (loss) for the period | 9904 | -€1,827 | -€30,597 | -€28,770 | -1574.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,827 | -€30,597 | -€28,770 | -1574.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.