Trapanet: 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.
Trapanet
Largest movements
- Tangible fixed assets -€15,330
down €15,330 (-32.2%), from €47,597 to €32,267
of which Furniture and vehicles: -€12,338
- Cash +€4,799
up €4,799 (+219.4%), from €2,187 to €6,986
mainly Other debts (+€26,191) and Depreciation (+€15,330)
- Receivables within one year -€2,000
down €2,000 (-23.5%), from €8,518 to €6,518
of which Trade receivables: -€2,048
- Other debts +€26,191
up €26,191 (+105.9%), from €24,724 to €50,915
- Profit (loss) carried forward -€14,640
down €14,640 (-46.4%), from -€31,528 to -€46,168
- Debts after one year -€10,144
down €10,144 (-59.8%), from €16,969 to €6,824
- Reserves -€8,031
down €8,031 (-31.1%), from €25,815 to €17,783
of which Distributable reserves: -€8,031
- Trade debts -€6,452
down €6,452 (-70.5%), from €9,152 to €2,700
- Gross operating margin +€10,110
up €10,110 (+61.8%), from -€16,363 to -€6,253
- Write-downs +€1,742
no longer reported in 2025 (was -€1,742)
- Taxes -€194
down €194 (-53.8%), from €361 to €167
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 | €59,074 | €46,980 | -€12,094 | -20.5% |
| Fixed assets | 21/28 | €47,832 | €32,502 | -€15,330 | -32.0% |
| Tangible fixed assets | 22/27 | €47,597 | €32,267 | -€15,330 | -32.2% |
| Plant, machinery and equipment | 23 | €4,916 | €3,276 | -€1,640 | -33.4% |
| Furniture and vehicles | 24 | €31,113 | €18,775 | -€12,338 | -39.7% |
| Other tangible fixed assets | 26 | €11,568 | €10,216 | -€1,351 | -11.7% |
| Financial fixed assets | 28 | €235 | €235 | = | 0.0% |
| Current assets | 29/58 | €11,242 | €14,478 | +€3,236 | +28.8% |
| Amounts receivable within one year | 40/41 | €8,518 | €6,518 | -€2,000 | -23.5% |
| Trade receivables | 40 | €8,518 | €6,470 | -€2,048 | -24.0% |
| Other amounts receivable | 41 | - | €48 | +€48 | |
| Current investments | 50/53 | €17 | €17 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,187 | €6,986 | +€4,799 | +219.4% |
| Deferred charges and accrued income | 490/1 | €520 | €957 | +€437 | +84.0% |
| Total equity and liabilities | 10/49 | €59,074 | €46,980 | -€12,094 | -20.5% |
| Equity | 10/15 | -€2,213 | -€24,885 | -€22,671 | -1024.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €25,815 | €17,783 | -€8,031 | -31.1% |
| Tax-exempt reserves | 132 | €17,783 | €17,783 | = | 0.0% |
| Distributable reserves | 133 | €8,031 | - | -€8,031 | |
| Profit (loss) carried forward | 14 | -€31,528 | -€46,168 | -€14,640 | -46.4% |
| Amounts payable | 17/49 | €61,288 | €71,865 | +€10,577 | +17.3% |
| Amounts payable after more than one year | 17 | €16,969 | €6,824 | -€10,144 | -59.8% |
| Financial debts | 170/4 | €16,969 | €6,824 | -€10,144 | -59.8% |
| Amounts payable within one year | 42/48 | €44,319 | €65,041 | +€20,722 | +46.8% |
| Current portion of amounts payable after more than one year | 42 | €10,035 | €10,144 | +€109 | +1.1% |
| Trade debts | 44 | €9,152 | €2,700 | -€6,452 | -70.5% |
| Suppliers | 440/4 | €9,152 | €2,700 | -€6,452 | -70.5% |
| Taxes, remuneration and social security | 45 | €407 | €1,281 | +€873 | +214.4% |
| Taxes | 450/3 | €407 | €1,281 | +€873 | +214.4% |
| Other amounts payable | 47/48 | €24,724 | €50,915 | +€26,191 | +105.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,366 | €15,330 | -€37 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,742 | - | +€1,742 | |
| Other operating charges | 640/8 | €725 | €604 | -€121 | -16.7% |
| Gross operating margin | 9900 | -€16,363 | -€6,253 | +€10,110 | +61.8% |
| Operating profit (loss) | 9901 | -€30,713 | -€22,187 | +€8,526 | +27.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €455 | €318 | -€137 | -30.2% |
| Recurring financial charges | 65 | €455 | €318 | -€137 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | -€31,166 | -€22,504 | +€8,662 | +27.8% |
| Income taxes | 67/77 | €361 | €167 | -€194 | -53.8% |
| Profit (loss) for the period | 9904 | -€31,528 | -€22,671 | +€8,856 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,528 | -€22,671 | +€8,856 | +28.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.