L. TRUYENS: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
L. TRUYENS
Largest movements
- Current investments +€30,000
new in 2025: €30,000
- Receivables within one year -€2,866
down €2,866 (-58.7%), from €4,881 to €2,015
of which Trade receivables: -€4,628
- Cash +€1,402
up €1,402 (+2.2%), from €63,900 to €65,302
mainly Net result for the year (+€39,489) and Receivables within one year (+€2,866)
- Reserves +€34,989
up €34,989 (+87.9%), from €39,802 to €74,792
- Trade debts -€4,815
down €4,815 (-93.0%), from €5,178 to €363
- Tax, wage and social debts -€2,183
down €2,183 (-10.3%), from €21,141 to €18,959
- Accrued charges and deferred income +€1,419
new in 2025: €1,419
- Gross operating margin +€7,058
up €7,058 (+15.7%), from €44,897 to €51,955
- Depreciation -€1,466
down €1,466 (-100%), from €1,466 to €0
- Financial income +€832
up €832 (+6,889%), from €12 to €844
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 | €69,122 | €98,532 | +€29,410 | +42.5% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €69,122 | €98,532 | +€29,410 | +42.5% |
| Amounts receivable within one year | 40/41 | €4,881 | €2,015 | -€2,866 | -58.7% |
| Trade receivables | 40 | €4,634 | €6 | -€4,628 | -99.9% |
| Other amounts receivable | 41 | €247 | €2,009 | +€1,763 | +715% |
| Current investments | 50/53 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €63,900 | €65,302 | +€1,402 | +2.2% |
| Deferred charges and accrued income | 490/1 | €341 | €1,215 | +€874 | +257% |
| Total equity and liabilities | 10/49 | €69,122 | €98,532 | +€29,410 | +42.5% |
| Equity | 10/15 | €42,802 | €77,792 | +€34,989 | +81.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €39,802 | €74,792 | +€34,989 | +87.9% |
| Distributable reserves | 133 | €39,802 | €74,792 | +€34,989 | +87.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €26,319 | €20,740 | -€5,579 | -21.2% |
| Amounts payable within one year | 42/48 | €26,319 | €19,322 | -€6,998 | -26.6% |
| Trade debts | 44 | €5,178 | €363 | -€4,815 | -93.0% |
| Suppliers | 440/4 | €5,178 | €363 | -€4,815 | -93.0% |
| Taxes, remuneration and social security | 45 | €21,141 | €18,959 | -€2,183 | -10.3% |
| Taxes | 450/3 | €21,141 | €18,959 | -€2,183 | -10.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €1,419 | +€1,419 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,466 | €0 | -€1,466 | -100% |
| Other operating charges | 640/8 | €749 | €690 | -€60 | -8.0% |
| Gross operating margin | 9900 | €44,897 | €51,955 | +€7,058 | +15.7% |
| Operating profit (loss) | 9901 | €42,681 | €51,265 | +€8,584 | +20.1% |
| Financial income | 75/76B | €12 | €844 | +€832 | +6,889% |
| Recurring financial income | 75 | €12 | €844 | +€832 | +6,889% |
| Financial charges | 65/66B | €127 | €262 | +€135 | +106% |
| Recurring financial charges | 65 | €127 | €262 | +€135 | +106% |
| Profit (loss) for the period before taxes | 9903 | €42,566 | €51,847 | +€9,281 | +21.8% |
| Income taxes | 67/77 | €12,387 | €12,358 | -€29 | -0.2% |
| Profit (loss) for the period | 9904 | €30,180 | €39,489 | +€9,310 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,180 | €39,489 | +€9,310 | +30.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.