Trait d'Union: 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.
Trait d'Union
Largest movements
- Cash +€20,644
up €20,644 (+67.6%), from €30,516 to €51,160
mainly Net result for the year (+€110,215)
- Current investments +€17,190
up €17,190 (+2.8%), from €617,528 to €634,718
- Profit (loss) carried forward +€110,215
up €110,215 (+19.6%), from -€563,314 to -€453,099
- Trade debts -€72,222
down €72,222 (-99.4%), from €72,643 to €421
- Gross operating margin +€201,014
up €201,014, from -€109,000 to €92,014
- Purchases and services -€121,014
down €121,014 (-52.8%), from €229,000 to €107,986
- Financial charges -€1,240
down €1,240, from €90 to -€1,150
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 | €648,300 | €686,338 | +€38,038 | +5.9% |
| Current assets | 29/58 | €648,300 | €686,338 | +€38,038 | +5.9% |
| Current investments | 50/53 | €617,528 | €634,718 | +€17,190 | +2.8% |
| Cash at bank and in hand | 54/58 | €30,516 | €51,160 | +€20,644 | +67.6% |
| Deferred charges and accrued income | 490/1 | €256 | €460 | +€204 | +79.7% |
| Total equity and liabilities | 10/49 | €648,300 | €686,338 | +€38,038 | +5.9% |
| Equity | 10/15 | €574,943 | €685,158 | +€110,215 | +19.2% |
| Contributions | 10/11 | €1,138,257 | €1,138,257 | = | 0.0% |
| Capital | 10 | €1,138,257 | €1,138,257 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€563,314 | -€453,099 | +€110,215 | +19.6% |
| Amounts payable | 17/49 | €73,357 | €1,180 | -€72,177 | -98.4% |
| Amounts payable within one year | 42/48 | €72,965 | €756 | -€72,209 | -99.0% |
| Trade debts | 44 | €72,643 | €421 | -€72,222 | -99.4% |
| Suppliers | 440/4 | €72,643 | €421 | -€72,222 | -99.4% |
| Taxes, remuneration and social security | 45 | €322 | €335 | +€13 | +4.0% |
| Taxes | 450/3 | €322 | €335 | +€13 | +4.0% |
| Accrued charges and deferred income | 492/3 | €392 | €424 | +€32 | +8.2% |
| Membership fees, donations, legacies and grants | 73 | €120,000 | €200,000 | +€80,000 | +66.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €229,000 | €107,986 | -€121,014 | -52.8% |
| Other operating charges | 640/8 | €323 | €336 | +€13 | +4.0% |
| Gross operating margin | 9900 | -€109,000 | €92,014 | +€201,014 | |
| Operating profit (loss) | 9901 | -€109,323 | €91,678 | +€201,001 | |
| Financial income | 75/76B | €17,559 | €17,387 | -€172 | -1.0% |
| Recurring financial income | 75 | €17,559 | €17,387 | -€172 | -1.0% |
| Financial charges | 65/66B | €90 | -€1,150 | -€1,240 | |
| Recurring financial charges | 65 | €90 | -€1,150 | -€1,240 | |
| Profit (loss) for the period before taxes | 9903 | -€91,854 | €110,215 | +€202,069 | |
| Profit (loss) for the period | 9904 | -€91,854 | €110,215 | +€202,069 | |
| Profit (loss) for the period to be appropriated | 9905 | -€91,854 | €110,215 | +€202,069 |
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 15 October 2026 via checked.be.