TRAPPENIERS & Co: 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.
TRAPPENIERS & Co
Largest movements
- Cash -€8,321
down €8,321 (-41.8%), from €19,919 to €11,598
mainly Net result for the year (-€13,499) and Short-term financial debts (-€8,529)
- Tangible fixed assets -€7,733
down €7,733 (-35.2%), from €21,988 to €14,255
of which Furniture and vehicles: -€6,093
- Receivables within one year -€6,152
down €6,152 (-7.1%), from €86,773 to €80,621
of which Other amounts receivable: -€3,280
- Profit (loss) carried forward -€13,499
down €13,499 (-21.3%), from €63,397 to €49,898
- Short-term financial debts -€8,529
down €8,529 (-13.6%), from €62,864 to €54,335
- Gross operating margin -€24,198
down €24,198, from €20,219 to -€3,979
- Taxes -€6,562
down €6,562, from €5,216 to -€1,346
- Depreciation +€488
up €488 (+4.9%), from €10,060 to €10,548
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,680 | €106,474 | -€22,206 | -17.3% |
| Fixed assets | 21/28 | €21,988 | €14,255 | -€7,733 | -35.2% |
| Tangible fixed assets | 22/27 | €21,988 | €14,255 | -€7,733 | -35.2% |
| Plant, machinery and equipment | 23 | €5,241 | €3,601 | -€1,640 | -31.3% |
| Furniture and vehicles | 24 | €16,747 | €10,654 | -€6,093 | -36.4% |
| Current assets | 29/58 | €106,692 | €92,219 | -€14,473 | -13.6% |
| Amounts receivable within one year | 40/41 | €86,773 | €80,621 | -€6,152 | -7.1% |
| Trade receivables | 40 | €2,872 | - | -€2,872 | |
| Other amounts receivable | 41 | €83,901 | €80,621 | -€3,280 | -3.9% |
| Cash at bank and in hand | 54/58 | €19,919 | €11,598 | -€8,321 | -41.8% |
| Total equity and liabilities | 10/49 | €128,680 | €106,474 | -€22,206 | -17.3% |
| Equity | 10/15 | €64,397 | €50,898 | -€13,499 | -21.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,397 | €49,898 | -€13,499 | -21.3% |
| Amounts payable | 17/49 | €64,283 | €55,576 | -€8,707 | -13.5% |
| Amounts payable within one year | 42/48 | €64,283 | €55,576 | -€8,707 | -13.5% |
| Financial debts | 43 | €62,864 | €54,335 | -€8,529 | -13.6% |
| Credit institutions | 430/8 | €62,864 | €54,335 | -€8,529 | -13.6% |
| Trade debts | 44 | €1,419 | €1,241 | -€178 | -12.5% |
| Suppliers | 440/4 | €1,419 | €1,241 | -€178 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,060 | €10,548 | +€488 | +4.9% |
| Other operating charges | 640/8 | €139 | €279 | +€140 | +101% |
| Gross operating margin | 9900 | €20,219 | -€3,979 | -€24,198 | |
| Operating profit (loss) | 9901 | €10,020 | -€14,806 | -€24,826 | |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €90 | €93 | +€3 | +3.3% |
| Recurring financial charges | 65 | €90 | €93 | +€3 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €9,930 | -€14,845 | -€24,775 | |
| Income taxes | 67/77 | €5,216 | -€1,346 | -€6,562 | |
| Profit (loss) for the period | 9904 | €4,714 | -€13,499 | -€18,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,714 | -€13,499 | -€18,213 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.