Filip VAN TRIMPONT: 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.
Filip VAN TRIMPONT
Largest movements
- Tangible fixed assets -€5,127
down €5,127 (-6.2%), from €82,574 to €77,448
of which Land and buildings: -€5,107
- Reserves +€11,025
up €11,025 (+188%), from €5,859 to €16,884
of which Distributable reserves: +€11,025
- Tax, wage and social debts -€10,155
down €10,155 (-21.4%), from €47,366 to €37,211
of which Taxes: -€7,676
- Trade debts -€4,400
down €4,400 (-23.0%), from €19,158 to €14,758
- Accrued charges and deferred income +€1,572
up €1,572 (+63.6%), from €2,471 to €4,043
- Current portion of long-term debt -€1,261
down €1,261 (-100%), from €1,261 to €0
- Gross operating margin +€18,070
up €18,070 (+34.4%), from €52,502 to €70,572
- Taxes +€4,580
up €4,580 (+195%), from €2,350 to €6,929
- Other operating charges +€1,354
up €1,354 (+30.3%), from €4,462 to €5,815
- Financial charges +€975
up €975 (+16.3%), from €5,997 to €6,971
- Staff costs +€803
up €803 (+2.5%), from €31,776 to €32,579
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 | €108,385 | €104,419 | -€3,966 | -3.7% |
| Fixed assets | 21/28 | €83,486 | €78,359 | -€5,127 | -6.1% |
| Tangible fixed assets | 22/27 | €82,574 | €77,448 | -€5,127 | -6.2% |
| Land and buildings | 22 | €74,554 | €69,448 | -€5,107 | -6.8% |
| Plant, machinery and equipment | 23 | €6,650 | €7,503 | +€853 | +12.8% |
| Furniture and vehicles | 24 | €1,370 | €497 | -€873 | -63.7% |
| Financial fixed assets | 28 | €912 | €912 | = | 0.0% |
| Current assets | 29/58 | €24,899 | €26,060 | +€1,161 | +4.7% |
| Amounts receivable within one year | 40/41 | €22,778 | €23,843 | +€1,065 | +4.7% |
| Trade receivables | 40 | €22,000 | €22,292 | +€291 | +1.3% |
| Other amounts receivable | 41 | €778 | €1,551 | +€774 | +99.5% |
| Cash at bank and in hand | 54/58 | €182 | €223 | +€41 | +22.4% |
| Deferred charges and accrued income | 490/1 | €1,939 | €1,994 | +€55 | +2.8% |
| Total equity and liabilities | 10/49 | €108,385 | €104,419 | -€3,966 | -3.7% |
| Equity | 10/15 | €18,359 | €29,384 | +€11,025 | +60.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €5,859 | €16,884 | +€11,025 | +188% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,999 | €15,024 | +€11,025 | +276% |
| Amounts payable | 17/49 | €90,025 | €75,035 | -€14,991 | -16.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €87,555 | €70,992 | -€16,563 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €1,261 | €0 | -€1,261 | -100% |
| Financial debts | 43 | €14,930 | €13,691 | -€1,238 | -8.3% |
| Credit institutions | 430/8 | €14,930 | €13,691 | -€1,238 | -8.3% |
| Trade debts | 44 | €19,158 | €14,758 | -€4,400 | -23.0% |
| Suppliers | 440/4 | €19,158 | €14,758 | -€4,400 | -23.0% |
| Taxes, remuneration and social security | 45 | €47,366 | €37,211 | -€10,155 | -21.4% |
| Taxes | 450/3 | €34,570 | €26,894 | -€7,676 | -22.2% |
| Remuneration and social security | 454/9 | €12,797 | €10,317 | -€2,479 | -19.4% |
| Other amounts payable | 47/48 | €4,839 | €5,331 | +€492 | +10.2% |
| Accrued charges and deferred income | 492/3 | €2,471 | €4,043 | +€1,572 | +63.6% |
| Remuneration, social security and pensions | 62 | €31,776 | €32,579 | +€803 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,142 | €7,438 | -€704 | -8.7% |
| Other operating charges | 640/8 | €4,462 | €5,815 | +€1,354 | +30.3% |
| Gross operating margin | 9900 | €52,502 | €70,572 | +€18,070 | +34.4% |
| Operating profit (loss) | 9901 | €8,123 | €24,740 | +€16,617 | +205% |
| Financial income | 75/76B | €0 | €186 | +€185 | +39,385% |
| Recurring financial income | 75 | €0 | €186 | +€185 | +39,385% |
| Financial charges | 65/66B | €5,997 | €6,971 | +€975 | +16.3% |
| Recurring financial charges | 65 | €5,997 | €6,971 | +€975 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €2,126 | €17,954 | +€15,828 | +744% |
| Income taxes | 67/77 | €2,350 | €6,929 | +€4,580 | +195% |
| Profit (loss) for the period | 9904 | -€223 | €11,025 | +€11,248 | |
| Profit (loss) for the period to be appropriated | 9905 | -€223 | €11,025 | +€11,248 |
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 24 October 2026 via checked.be.