LA TRAPPOLA: 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.
LA TRAPPOLA
Largest movements
- Cash +€10,396
up €10,396 (+12.3%), from €84,730 to €95,126
mainly Depreciation (+€29,470) and Trade debts (+€19,004)
- Stocks and contracts -€9,444
down €9,444 (-17.7%), from €53,362 to €43,918
- Tangible fixed assets -€8,673
down €8,673 (-8.2%), from €106,394 to €97,721
of which Other tangible fixed assets: -€8,252
- Receivables within one year -€3,283
down €3,283 (-11.4%), from €28,841 to €25,558
of which Trade receivables: -€4,425
- Profit (loss) carried forward -€28,618
down €28,618, from €10,267 to -€18,351
- Trade debts +€19,004
up €19,004 (+37.4%), from €50,759 to €69,763
- Debts after one year -€10,128
down €10,128 (-80.2%), from €12,628 to €2,500
- Tax, wage and social debts +€4,828
up €4,828 (+6.7%), from €72,236 to €77,064
of which Taxes: +€8,953
- Gross operating margin -€46,227
down €46,227 (-8.1%), from €573,129 to €526,902
- Taxes -€5,908
no longer reported in 2025 (was €5,908)
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 | €282,392 | €269,506 | -€12,886 | -4.6% |
| Fixed assets | 21/28 | €112,765 | €104,859 | -€7,907 | -7.0% |
| Tangible fixed assets | 22/27 | €106,394 | €97,721 | -€8,673 | -8.2% |
| Plant, machinery and equipment | 23 | €65,944 | €58,238 | -€7,706 | -11.7% |
| Furniture and vehicles | 24 | €2,750 | €10,034 | +€7,285 | +265% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €37,701 | €29,449 | -€8,252 | -21.9% |
| Financial fixed assets | 28 | €6,371 | €7,138 | +€767 | +12.0% |
| Current assets | 29/58 | €169,627 | €164,647 | -€4,980 | -2.9% |
| Stocks and contracts in progress | 3 | €53,362 | €43,918 | -€9,444 | -17.7% |
| Stocks | 30/36 | €53,362 | €43,918 | -€9,444 | -17.7% |
| Amounts receivable within one year | 40/41 | €28,841 | €25,558 | -€3,283 | -11.4% |
| Trade receivables | 40 | €26,711 | €22,287 | -€4,425 | -16.6% |
| Other amounts receivable | 41 | €2,130 | €3,271 | +€1,142 | +53.6% |
| Cash at bank and in hand | 54/58 | €84,730 | €95,126 | +€10,396 | +12.3% |
| Deferred charges and accrued income | 490/1 | €2,693 | €45 | -€2,649 | -98.3% |
| Total equity and liabilities | 10/49 | €282,392 | €269,506 | -€12,886 | -4.6% |
| Equity | 10/15 | €132,727 | €104,109 | -€28,618 | -21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €103,860 | €103,860 | = | 0.0% |
| 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 | €102,000 | €102,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,267 | -€18,351 | -€28,618 | |
| Amounts payable | 17/49 | €149,665 | €165,397 | +€15,732 | +10.5% |
| Amounts payable after more than one year | 17 | €12,628 | €2,500 | -€10,128 | -80.2% |
| Financial debts | 170/4 | €12,628 | €2,500 | -€10,128 | -80.2% |
| Amounts payable within one year | 42/48 | €137,037 | €162,498 | +€25,460 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €12,010 | €11,378 | -€632 | -5.3% |
| Financial debts | 43 | €1,966 | €2,472 | +€506 | +25.7% |
| Credit institutions | 430/8 | €1,966 | €2,472 | +€506 | +25.7% |
| Trade debts | 44 | €50,759 | €69,763 | +€19,004 | +37.4% |
| Suppliers | 440/4 | €50,759 | €69,763 | +€19,004 | +37.4% |
| Taxes, remuneration and social security | 45 | €72,236 | €77,064 | +€4,828 | +6.7% |
| Taxes | 450/3 | €17,686 | €26,639 | +€8,953 | +50.6% |
| Remuneration and social security | 454/9 | €54,550 | €50,425 | -€4,125 | -7.6% |
| Other amounts payable | 47/48 | €67 | €1,821 | +€1,754 | +2,624% |
| Accrued charges and deferred income | 492/3 | €0 | €400 | +€400 | |
| Non-recurring operating income | 76A | €342 | €2,048 | +€1,706 | +499% |
| Remuneration, social security and pensions | 62 | €523,773 | €518,506 | -€5,267 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,355 | €29,470 | -€1,885 | -6.0% |
| Other operating charges | 640/8 | €3,315 | €3,109 | -€205 | -6.2% |
| Non-recurring operating charges | 66A | €726 | €52 | -€674 | -92.8% |
| Gross operating margin | 9900 | €573,129 | €526,902 | -€46,227 | -8.1% |
| Operating profit (loss) | 9901 | €13,961 | -€24,235 | -€38,196 | |
| Financial charges | 65/66B | €6,037 | €4,384 | -€1,654 | -27.4% |
| Recurring financial charges | 65 | €6,037 | €4,384 | -€1,654 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €7,924 | -€28,618 | -€36,542 | |
| Income taxes | 67/77 | €5,908 | - | -€5,908 | |
| Profit (loss) for the period | 9904 | €2,015 | -€28,618 | -€30,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,015 | -€28,618 | -€30,634 |
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 29 October 2026 via checked.be.