PREMIUM TRUST: 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.
PREMIUM TRUST
Largest movements
- Receivables within one year +€32,343
up €32,343 (+2,795%), from €1,157 to €33,500
of which Trade receivables: +€27,460
- Tangible fixed assets +€14,100
up €14,100 (+59.6%), from €23,655 to €37,755
of which Furniture and vehicles: +€11,606
- Stocks and contracts -€12,535
no longer reported in 2025 (was €12,535)
- Cash +€8,537
up €8,537 (+174%), from €4,905 to €13,442
mainly Net result for the year (+€37,161) and Other debts (+€14,021)
- Deferred charges and accrued income +€7,808
new in 2025: €7,808
- Profit (loss) carried forward +€37,161
up €37,161, from -€36,096 to €1,065
- Tax, wage and social debts -€14,065
down €14,065 (-61.3%), from €22,936 to €8,871
of which Remuneration and social security: -€12,908
- Other debts +€14,021
up €14,021 (+43.2%), from €32,466 to €46,487
- Trade debts +€12,898
up €12,898 (+196%), from €6,594 to €19,492
- Staff costs -€118,729
down €118,729 (-57.2%), from €207,576 to €88,847
- Gross operating margin -€83,891
down €83,891 (-37.9%), from €221,496 to €137,605
- Depreciation +€3,564
up €3,564 (+96.4%), from €3,697 to €7,261
- Financial income +€2,479
new in 2025: €2,479
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 | €44,499 | €94,514 | +€50,015 | +112% |
| Fixed assets | 21/28 | €25,902 | €39,764 | +€13,862 | +53.5% |
| Intangible fixed assets | 21 | €1,718 | €1,145 | -€573 | -33.3% |
| Tangible fixed assets | 22/27 | €23,655 | €37,755 | +€14,100 | +59.6% |
| Plant, machinery and equipment | 23 | €2,811 | €6,205 | +€3,395 | +121% |
| Furniture and vehicles | 24 | €12,388 | €23,994 | +€11,606 | +93.7% |
| Other tangible fixed assets | 26 | €8,456 | €7,556 | -€900 | -10.6% |
| Financial fixed assets | 28 | €530 | €864 | +€334 | +63.0% |
| Current assets | 29/58 | €18,597 | €54,750 | +€36,153 | +194% |
| Stocks and contracts in progress | 3 | €12,535 | - | -€12,535 | |
| Stocks | 30/36 | €12,535 | - | -€12,535 | |
| Amounts receivable within one year | 40/41 | €1,157 | €33,500 | +€32,343 | +2,795% |
| Trade receivables | 40 | €157 | €27,618 | +€27,460 | +17,457% |
| Other amounts receivable | 41 | €1,000 | €5,883 | +€4,883 | +488% |
| Cash at bank and in hand | 54/58 | €4,905 | €13,442 | +€8,537 | +174% |
| Deferred charges and accrued income | 490/1 | - | €7,808 | +€7,808 | |
| Total equity and liabilities | 10/49 | €44,499 | €94,514 | +€50,015 | +112% |
| Equity | 10/15 | -€17,496 | €19,665 | +€37,161 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,096 | €1,065 | +€37,161 | |
| Amounts payable | 17/49 | €61,995 | €74,849 | +€12,854 | +20.7% |
| Amounts payable within one year | 42/48 | €61,995 | €74,849 | +€12,854 | +20.7% |
| Trade debts | 44 | €6,594 | €19,492 | +€12,898 | +196% |
| Suppliers | 440/4 | €6,594 | €19,492 | +€12,898 | +196% |
| Taxes, remuneration and social security | 45 | €22,936 | €8,871 | -€14,065 | -61.3% |
| Taxes | 450/3 | €1,156 | - | -€1,156 | |
| Remuneration and social security | 454/9 | €21,779 | €8,871 | -€12,908 | -59.3% |
| Other amounts payable | 47/48 | €32,466 | €46,487 | +€14,021 | +43.2% |
| Remuneration, social security and pensions | 62 | €207,576 | €88,847 | -€118,729 | -57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,697 | €7,261 | +€3,564 | +96.4% |
| Other operating charges | 640/8 | €3,701 | €4,118 | +€417 | +11.3% |
| Non-recurring operating charges | 66A | €174 | - | -€174 | |
| Gross operating margin | 9900 | €221,496 | €137,605 | -€83,891 | -37.9% |
| Operating profit (loss) | 9901 | €6,349 | €37,379 | +€31,030 | +489% |
| Financial income | 75/76B | - | €2,479 | +€2,479 | |
| Recurring financial income | 75 | - | €2,479 | +€2,479 | |
| Financial charges | 65/66B | €1,846 | €2,698 | +€852 | +46.1% |
| Recurring financial charges | 65 | €1,846 | €2,698 | +€852 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | €4,503 | €37,161 | +€32,658 | +725% |
| Profit (loss) for the period | 9904 | €4,503 | €37,161 | +€32,658 | +725% |
| Profit (loss) for the period to be appropriated | 9905 | €4,503 | €37,161 | +€32,658 | +725% |
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 30 October 2026 via checked.be.