LE TRUSQUIN EFT: 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.
LE TRUSQUIN EFT
Largest movements
- Cash +€103,543
up €103,543 (+152.4%), from €67,946 to €171,489
mainly Debts after one year (+€60,939) and Net result for the year (+€59,952)
- Tangible fixed assets +€84,442
up €84,442 (+80.0%), from €105,537 to €189,978
of which Furniture and vehicles: +€103,917
- Receivables within one year -€17,848
down €17,848 (-4.2%), from €426,605 to €408,757
of which Other amounts receivable: -€72,298
- Stocks and contracts -€10,030
down €10,030 (-39.1%), from €25,669 to €15,638
- Debts after one year +€60,939
up €60,939 (+1460.0%), from €4,174 to €65,113
- Reserves +€53,957
up €53,957 (+35.1%), from €153,885 to €207,842
- Accrued charges and deferred income +€33,119
up €33,119 (+57469.1%), from €58 to €33,177
- Debts within one year +€9,428
up €9,428 (+3.8%), from €248,229 to €257,657
of which Current portion of long-term debt: +€7,281
- Turnover +€107,408
up €107,408 (+17.3%), from €621,494 to €728,902
- Staff costs +€87,437
up €87,437 (+7.9%), from €1.1m to €1.2m
- Gross operating margin -€38,074
down €38,074 (-2.9%), from €1.3m to €1.3m
- Purchases and services +€28,680
up €28,680 (+6.7%), from €430,432 to €459,112
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €657,725 | €820,009 | +€162,284 | +24.7% |
| Fixed assets | 21/28 | €133,763 | €221,674 | +€87,911 | +65.7% |
| Tangible fixed assets | 22/27 | €105,537 | €189,978 | +€84,442 | +80.0% |
| Plant, machinery and equipment | 23 | €5,480 | €6,346 | +€866 | +15.8% |
| Furniture and vehicles | 24 | €4,141 | €108,058 | +€103,917 | +2509.6% |
| Leasing and similar rights | 25 | €13,116 | - | -€13,116 | |
| Other tangible fixed assets | 26 | €82,799 | €75,575 | -€7,225 | -8.7% |
| Financial fixed assets | 28 | €28,226 | €31,696 | +€3,469 | +12.3% |
| Current assets | 29/58 | €523,962 | €598,335 | +€74,373 | +14.2% |
| Stocks and contracts in progress | 3 | €25,669 | €15,638 | -€10,030 | -39.1% |
| Stocks | 30/36 | €25,669 | €15,638 | -€10,030 | -39.1% |
| Amounts receivable within one year | 40/41 | €426,605 | €408,757 | -€17,848 | -4.2% |
| Trade receivables | 40 | €104,389 | €158,839 | +€54,450 | +52.2% |
| Other amounts receivable | 41 | €322,216 | €249,918 | -€72,298 | -22.4% |
| Cash at bank and in hand | 54/58 | €67,946 | €171,489 | +€103,543 | +152.4% |
| Deferred charges and accrued income | 490/1 | €3,742 | €2,451 | -€1,291 | -34.5% |
| Total equity and liabilities | 10/49 | €657,725 | €820,009 | +€162,284 | +24.7% |
| Equity | 10/15 | €233,179 | €288,058 | +€54,879 | +23.5% |
| Reserves | 13 | €153,885 | €207,842 | +€53,957 | +35.1% |
| Profit (loss) carried forward | 14 | €19,954 | €25,949 | +€5,995 | +30.0% |
| Investment grants | 15 | €59,340 | €54,267 | -€5,073 | -8.5% |
| Provisions and deferred taxes | 16 | €172,086 | €176,004 | +€3,918 | +2.3% |
| Provisions for liabilities and charges | 160/5 | €51,239 | €176,004 | +€124,764 | +243.5% |
| Other liabilities and charges | 164/5 | €51,239 | €176,004 | +€124,764 | +243.5% |
| Amounts payable | 17/49 | €252,461 | €355,948 | +€103,487 | +41.0% |
| Amounts payable after more than one year | 17 | €4,174 | €65,113 | +€60,939 | +1460.0% |
| Financial debts | 170/4 | €4,174 | €65,113 | +€60,939 | +1460.0% |
| Amounts payable within one year | 42/48 | €248,229 | €257,657 | +€9,428 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €12,302 | €19,583 | +€7,281 | +59.2% |
| Trade debts | 44 | €59,174 | €65,308 | +€6,135 | +10.4% |
| Suppliers | 440/4 | €59,174 | €65,308 | +€6,135 | +10.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €175,844 | €171,937 | -€3,907 | -2.2% |
| Taxes | 450/3 | €21,050 | €18,799 | -€2,252 | -10.7% |
| Remuneration and social security | 454/9 | €154,793 | €153,138 | -€1,655 | -1.1% |
| Accrued charges and deferred income | 492/3 | €58 | €33,177 | +€33,119 | +57469.1% |
| Turnover | 70 | €621,494 | €728,902 | +€107,408 | +17.3% |
| Non-recurring operating income | 76A | €41,845 | €24,804 | -€17,041 | -40.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €430,432 | €459,112 | +€28,680 | +6.7% |
| Remuneration, social security and pensions | 62 | €1,102,081 | €1,189,518 | +€87,437 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,246 | €38,343 | +€13,097 | +51.9% |
| Other operating charges | 640/8 | €2,581 | €2,638 | +€57 | +2.2% |
| Gross operating margin | 9900 | €1,333,998 | €1,295,924 | -€38,074 | -2.9% |
| Operating profit (loss) | 9901 | €199,767 | €61,508 | -€138,259 | -69.2% |
| Financial income | 75/76B | €282 | €83 | -€198 | -70.4% |
| Recurring financial income | 75 | €127 | €75 | -€52 | -41.2% |
| Non-recurring financial income | 76B | €155 | €9 | -€146 | -94.4% |
| Financial charges | 65/66B | €513 | €1,639 | +€1,126 | +219.4% |
| Recurring financial charges | 65 | €1 | €897 | +€897 | +116451.9% |
| Non-recurring financial charges | 66B | €512 | €742 | +€229 | +44.7% |
| Profit (loss) for the period before taxes | 9903 | €199,535 | €59,952 | -€139,583 | -70.0% |
| Profit (loss) for the period | 9904 | €199,535 | €59,952 | -€139,583 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €199,535 | €59,952 | -€139,583 | -70.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.