LA TRAPPERIE: 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.
What changed
LA TRAPPERIE
NACE 02.200, Logging
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€64,814
2024 · €77,640-€12,826
Equity
€2.4m
2024 · €2.4m+€64,814
Cash
€15,452
2024 · €24,546-€9,094
Balance sheet total
€3.4m
2024 · €3.1m+€333,301
Largest movements
Assets
- Tangible fixed assets +€244,721
up €244,721 (+10.0%), from €2.4m to €2.7m
of which Land and buildings: +€1.0m
- Stocks and contracts +€79,356
up €79,356 (+17.2%), from €462,440 to €541,796
Equity and liabilities
- Debts after one year +€257,554
up €257,554 (+39.9%), from €645,000 to €902,554
- Profit (loss) carried forward +€64,814
up €64,814 (+37.9%), from -€170,928 to -€106,114
Income statement
- Gross operating margin +€27,953
up €27,953 (+10.2%), from €273,122 to €301,075
- Depreciation +€27,704
up €27,704 (+19.0%), from €145,605 to €173,309
- Provisions +€7,700
new in 2025: €7,700
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.
Result 2024
€77,640
Gross operating margin
+€27,953
Staff costs
-€493
Depreciation
-€27,704
Provisions
-€7,700
Other operating charges
-€1,724
Other operating items
-€100
Financial income
+€10
Financial charges
-€2,925
Taxes
-€143
Result 2025
€64,814
Cash bridge derived
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.
From operations
+€151,381
Investment
-€418,029
Financing
+€257,554
Cash 2024
€24,546
From operations (derived)
+€151,381
Net result for the year
+€64,814
Depreciation
+€173,309
Stocks and contracts
-€79,356
Receivables within one year
-€18,846
Deferred charges and accrued income
+€527
Provisions
+€7,700
Trade debts
+€2,585
Tax, wage and social debts
-€5,751
Other debts
+€2,805
Accrued charges and deferred income
+€3,595
Investment (derived)
-€418,029
Investment in fixed assets (net)
-€418,029
Financing
+€257,554
Debts after one year
+€257,554
Cash 2025
€15,452
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,101,612 | €3,434,913 | +€333,301 | +10.7% |
| Fixed assets | 21/28 | €2,437,768 | €2,682,489 | +€244,721 | +10.0% |
| Tangible fixed assets | 22/27 | €2,437,678 | €2,682,399 | +€244,721 | +10.0% |
| Land and buildings | 22 | €1,512,482 | €2,529,850 | +€1.0m | +67.3% |
| Plant, machinery and equipment | 23 | €6,044 | €9,235 | +€3,192 | +52.8% |
| Furniture and vehicles | 24 | €38,431 | €68,465 | +€30,035 | +78.2% |
| Other tangible fixed assets | 26 | €4,112 | €3,813 | -€300 | -7.3% |
| Assets under construction and advance payments | 27 | €876,609 | €71,036 | -€805,573 | -91.9% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €663,843 | €752,424 | +€88,581 | +13.3% |
| Stocks and contracts in progress | 3 | €462,440 | €541,796 | +€79,356 | +17.2% |
| Stocks | 30/36 | €462,440 | €541,796 | +€79,356 | +17.2% |
| Amounts receivable within one year | 40/41 | €167,094 | €185,940 | +€18,846 | +11.3% |
| Trade receivables | 40 | €151,910 | €183,249 | +€31,339 | +20.6% |
| Other amounts receivable | 41 | €15,184 | €2,690 | -€12,494 | -82.3% |
| Cash at bank and in hand | 54/58 | €24,546 | €15,452 | -€9,094 | -37.0% |
| Deferred charges and accrued income | 490/1 | €9,763 | €9,237 | -€527 | -5.4% |
| Total equity and liabilities | 10/49 | €3,101,612 | €3,434,913 | +€333,301 | +10.7% |
| Equity | 10/15 | €2,381,716 | €2,446,530 | +€64,814 | +2.7% |
| Contributions | 10/11 | €2,550,000 | €2,550,000 | = | 0.0% |
| Capital | 10 | €2,550,000 | €2,550,000 | = | 0.0% |
| Issued capital | 100 | €2,550,000 | €2,550,000 | = | 0.0% |
| Reserves | 13 | €2,643 | €2,643 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,643 | €2,643 | = | 0.0% |
| Legal reserve | 130 | €2,643 | €2,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,928 | -€106,114 | +€64,814 | +37.9% |
| Provisions and deferred taxes | 16 | - | €7,700 | +€7,700 | |
| Provisions for liabilities and charges | 160/5 | - | €7,700 | +€7,700 | |
| Other liabilities and charges | 164/5 | - | €7,700 | +€7,700 | |
| Amounts payable | 17/49 | €719,896 | €980,683 | +€260,787 | +36.2% |
| Amounts payable after more than one year | 17 | €645,000 | €902,554 | +€257,554 | +39.9% |
| Financial debts | 170/4 | €645,000 | €902,554 | +€257,554 | +39.9% |
| Amounts payable within one year | 42/48 | €45,394 | €45,032 | -€361 | -0.8% |
| Trade debts | 44 | €55 | €2,640 | +€2,585 | +4698.1% |
| Suppliers | 440/4 | €55 | €2,640 | +€2,585 | +4698.1% |
| Taxes, remuneration and social security | 45 | €15,976 | €10,225 | -€5,751 | -36.0% |
| Taxes | 450/3 | €13,129 | €8,002 | -€5,126 | -39.0% |
| Remuneration and social security | 454/9 | €2,848 | €2,223 | -€625 | -21.9% |
| Other amounts payable | 47/48 | €29,362 | €32,167 | +€2,805 | +9.6% |
| Accrued charges and deferred income | 492/3 | €29,502 | €33,097 | +€3,595 | +12.2% |
| Remuneration, social security and pensions | 62 | €31,869 | €32,362 | +€493 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,605 | €173,309 | +€27,704 | +19.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €7,700 | +€7,700 | |
| Other operating charges | 640/8 | €11,996 | €13,720 | +€1,724 | +14.4% |
| Non-recurring operating charges | 66A | - | €100 | +€100 | |
| Gross operating margin | 9900 | €273,122 | €301,075 | +€27,953 | +10.2% |
| Operating profit (loss) | 9901 | €83,652 | €73,885 | -€9,767 | -11.7% |
| Financial income | 75/76B | €0 | €10 | +€10 | +19920.0% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +19920.0% |
| Financial charges | 65/66B | €6,012 | €8,938 | +€2,925 | +48.7% |
| Recurring financial charges | 65 | €6,012 | €8,938 | +€2,925 | +48.7% |
| Profit (loss) for the period before taxes | 9903 | €77,640 | €64,957 | -€12,683 | -16.3% |
| Income taxes | 67/77 | - | €143 | +€143 | |
| Profit (loss) for the period | 9904 | €77,640 | €64,814 | -€12,826 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €77,640 | €64,814 | -€12,826 | -16.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.