TRAIN DE VIE: what changed
TRAIN DE VIE
Largest movements
- Cash -€7,145
down €7,145 (-27.3%), from €26,202 to €19,057
mainly Net result for the year (-€8,872) and Debts after one year (-€4,087)
- Tangible fixed assets -€6,978
down €6,978 (-26.5%), from €26,374 to €19,396
of which Furniture and vehicles: -€6,514
- Receivables within one year +€2,236
up €2,236 (+3.6%), from €62,310 to €64,546
of which Trade receivables: +€4,218
- Profit (loss) carried forward -€8,872
down €8,872, from €949 to -€7,923
- Debts after one year -€4,087
no longer reported in 2026 (was €4,087)
- Other debts +€3,914
up €3,914 (+14.6%), from €26,775 to €30,689
- Current portion of long-term debt -€3,802
down €3,802 (-48.2%), from €7,889 to €4,087
- Gross operating margin -€19,690
down €19,690, from €19,107 to -€583
- Taxes -€2,418
down €2,418 (-89.1%), from €2,714 to €296
- Other operating charges -€853
down €853 (-59.3%), from €1,438 to €585
- Financial charges -€442
down €442 (-50.7%), from €871 to €429
- Depreciation -€345
down €345 (-4.7%), from €7,324 to €6,978
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,029 | €104,100 | -€11,929 | -10.3% |
| Fixed assets | 21/28 | €26,374 | €19,396 | -€6,978 | -26.5% |
| Tangible fixed assets | 22/27 | €26,374 | €19,396 | -€6,978 | -26.5% |
| Plant, machinery and equipment | 23 | €765 | €300 | -€464 | -60.7% |
| Furniture and vehicles | 24 | €25,610 | €19,096 | -€6,514 | -25.4% |
| Current assets | 29/58 | €89,654 | €84,703 | -€4,951 | -5.5% |
| Stocks and contracts in progress | 3 | €150 | €75 | -€75 | -50.0% |
| Stocks | 30/36 | €150 | €75 | -€75 | -50.0% |
| Amounts receivable within one year | 40/41 | €62,310 | €64,546 | +€2,236 | +3.6% |
| Trade receivables | 40 | €13,401 | €17,619 | +€4,218 | +31.5% |
| Other amounts receivable | 41 | €48,909 | €46,927 | -€1,983 | -4.1% |
| Cash at bank and in hand | 54/58 | €26,202 | €19,057 | -€7,145 | -27.3% |
| Deferred charges and accrued income | 490/1 | €992 | €1,026 | +€34 | +3.4% |
| Total equity and liabilities | 10/49 | €116,029 | €104,100 | -€11,929 | -10.3% |
| Equity | 10/15 | €67,665 | €58,793 | -€8,872 | -13.1% |
| Contributions | 10/11 | €34,705 | €34,705 | = | 0.0% |
| Reserves | 13 | €32,011 | €32,011 | = | 0.0% |
| Non-distributable reserves | 130/1 | €711 | €711 | = | 0.0% |
| Reserves not available under the articles | 1311 | €711 | €711 | = | 0.0% |
| Distributable reserves | 133 | €31,300 | €31,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €949 | -€7,923 | -€8,872 | |
| Amounts payable | 17/49 | €48,364 | €45,307 | -€3,057 | -6.3% |
| Amounts payable after more than one year | 17 | €4,087 | - | -€4,087 | |
| Financial debts | 170/4 | €4,087 | - | -€4,087 | |
| Amounts payable within one year | 42/48 | €44,276 | €45,307 | +€1,030 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €7,889 | €4,087 | -€3,802 | -48.2% |
| Trade debts | 44 | €9,310 | €9,616 | +€306 | +3.3% |
| Suppliers | 440/4 | €9,310 | €9,616 | +€306 | +3.3% |
| Advances received on contracts in progress | 46 | €303 | €303 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €612 | +€612 | |
| Taxes | 450/3 | - | €612 | +€612 | |
| Other amounts payable | 47/48 | €26,775 | €30,689 | +€3,914 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,324 | €6,978 | -€345 | -4.7% |
| Other operating charges | 640/8 | €1,438 | €585 | -€853 | -59.3% |
| Gross operating margin | 9900 | €19,107 | -€583 | -€19,690 | |
| Operating profit (loss) | 9901 | €10,345 | -€8,147 | -€18,492 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €871 | €429 | -€442 | -50.7% |
| Recurring financial charges | 65 | €871 | €429 | -€442 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | €9,474 | -€8,576 | -€18,050 | |
| Income taxes | 67/77 | €2,714 | €296 | -€2,418 | -89.1% |
| Profit (loss) for the period | 9904 | €6,761 | -€8,872 | -€15,633 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,761 | -€8,872 | -€15,633 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 15 April 2025 and 15 April 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.