TRAPPEN MIGNON: 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.
TRAPPEN MIGNON
Largest movements
- Tangible fixed assets -€34,305
down €34,305 (-8.0%), from €426,375 to €392,070
- Cash +€27,067
up €27,067 (+446.8%), from €6,058 to €33,125
mainly Depreciation (+€34,305) and Net result for the year (+€23,425)
- Profit (loss) carried forward +€23,425
up €23,425 (+8.8%), from €266,371 to €289,795
- Other debts -€17,441
down €17,441 (-19.7%), from €88,577 to €71,135
- Debts after one year -€7,530
down €7,530 (-100.0%), from €7,530 to €0
- Current portion of long-term debt -€6,747
down €6,747 (-47.3%), from €14,277 to €7,530
- Staff costs -€2,800
down €2,800 (-100.0%), from €2,800 to €0
- Taxes +€1,055
up €1,055 (+13.7%), from €7,719 to €8,774
- Financial charges -€972
down €972 (-49.0%), from €1,985 to €1,013
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 | €432,433 | €425,195 | -€7,238 | -1.7% |
| Fixed assets | 21/28 | €426,375 | €392,070 | -€34,305 | -8.0% |
| Tangible fixed assets | 22/27 | €426,375 | €392,070 | -€34,305 | -8.0% |
| Land and buildings | 22 | €426,375 | €392,070 | -€34,305 | -8.0% |
| Current assets | 29/58 | €6,058 | €33,125 | +€27,067 | +446.8% |
| Cash at bank and in hand | 54/58 | €6,058 | €33,125 | +€27,067 | +446.8% |
| Total equity and liabilities | 10/49 | €432,433 | €425,195 | -€7,238 | -1.7% |
| Equity | 10/15 | €314,331 | €337,755 | +€23,425 | +7.5% |
| Contributions | 10/11 | €43,600 | €43,600 | = | 0.0% |
| Reserves | 13 | €4,360 | €4,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,360 | €4,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,360 | €4,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €266,371 | €289,795 | +€23,425 | +8.8% |
| Amounts payable | 17/49 | €118,103 | €87,440 | -€30,663 | -26.0% |
| Amounts payable after more than one year | 17 | €7,530 | €0 | -€7,530 | -100.0% |
| Financial debts | 170/4 | €7,530 | €0 | -€7,530 | -100.0% |
| Amounts payable within one year | 42/48 | €110,572 | €87,440 | -€23,132 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €14,277 | €7,530 | -€6,747 | -47.3% |
| Taxes, remuneration and social security | 45 | €7,719 | €8,774 | +€1,055 | +13.7% |
| Taxes | 450/3 | €7,719 | €8,774 | +€1,055 | +13.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €88,577 | €71,135 | -€17,441 | -19.7% |
| Remuneration, social security and pensions | 62 | €2,800 | €0 | -€2,800 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,305 | €34,305 | +€0 | 0.0% |
| Other operating charges | 640/8 | €10,536 | €10,941 | +€406 | +3.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €78,549 | €78,458 | -€91 | -0.1% |
| Operating profit (loss) | 9901 | €30,908 | €33,212 | +€2,303 | +7.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,985 | €1,013 | -€972 | -49.0% |
| Recurring financial charges | 65 | €1,985 | €1,013 | -€972 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €28,924 | €32,199 | +€3,275 | +11.3% |
| Income taxes | 67/77 | €7,719 | €8,774 | +€1,055 | +13.7% |
| Profit (loss) for the period | 9904 | €21,205 | €23,425 | +€2,220 | +10.5% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €21,205 | €23,425 | +€2,220 | +10.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.