TRASHASTKHAN: 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.
TRASHASTKHAN
Largest movements
- Cash +€478,969
up €478,969 (+222%), from €215,606 to €694,575
mainly Net result for the year (+€285,625) and Receivables after one year (+€100,000)
- Receivables after one year -€100,000
no longer reported in 2025 (was €100,000)
- Current investments -€64,323
no longer reported in 2025 (was €64,323)
- Receivables within one year +€26,338
up €26,338 (+60.3%), from €43,659 to €69,997
of which Other amounts receivable: +€15,283
- Reserves +€175,625
up €175,625 (+84.5%), from €207,900 to €383,525
- Trade debts +€86,065
up €86,065 (+223%), from €38,652 to €124,716
- Tax, wage and social debts +€68,404
up €68,404 (+164%), from €41,594 to €109,998
- Other debts +€8,424
up €8,424 (+481%), from €1,751 to €10,175
- Gross operating margin +€445,462
up €445,462, from -€10,486 to €434,976
- Taxes +€132,168
up €132,168 (+97,025%), from €136 to €132,304
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 | €444,716 | €778,939 | +€334,223 | +75.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €20,732 | €14,367 | -€6,365 | -30.7% |
| Tangible fixed assets | 22/27 | €18,282 | €11,917 | -€6,365 | -34.8% |
| Plant, machinery and equipment | 23 | €4,809 | €5,174 | +€366 | +7.6% |
| Furniture and vehicles | 24 | €13,473 | €6,743 | -€6,730 | -50.0% |
| Financial fixed assets | 28 | €2,450 | €2,450 | = | 0.0% |
| Current assets | 29/58 | €423,985 | €764,572 | +€340,588 | +80.3% |
| Amounts receivable after more than one year | 29 | €100,000 | - | -€100,000 | |
| Other amounts receivable | 291 | €100,000 | - | -€100,000 | |
| Amounts receivable within one year | 40/41 | €43,659 | €69,997 | +€26,338 | +60.3% |
| Trade receivables | 40 | €38,918 | €49,973 | +€11,055 | +28.4% |
| Other amounts receivable | 41 | €4,741 | €20,024 | +€15,283 | +322% |
| Current investments | 50/53 | €64,323 | - | -€64,323 | |
| Cash at bank and in hand | 54/58 | €215,606 | €694,575 | +€478,969 | +222% |
| Deferred charges and accrued income | 490/1 | €396 | - | -€396 | |
| Total equity and liabilities | 10/49 | €444,716 | €778,939 | +€334,223 | +75.2% |
| Equity | 10/15 | €358,425 | €534,050 | +€175,625 | +49.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €207,900 | €383,525 | +€175,625 | +84.5% |
| Distributable reserves | 133 | €207,900 | €383,525 | +€175,625 | +84.5% |
| Profit (loss) carried forward | 14 | €144,325 | €144,325 | = | 0.0% |
| Amounts payable | 17/49 | €86,291 | €244,889 | +€158,598 | +184% |
| Amounts payable within one year | 42/48 | €86,291 | €244,889 | +€158,598 | +184% |
| Current portion of amounts payable after more than one year | 42 | €4,295 | - | -€4,295 | |
| Trade debts | 44 | €38,652 | €124,716 | +€86,065 | +223% |
| Suppliers | 440/4 | €38,652 | €124,716 | +€86,065 | +223% |
| Taxes, remuneration and social security | 45 | €41,594 | €109,998 | +€68,404 | +164% |
| Taxes | 450/3 | €41,594 | €109,998 | +€68,404 | +164% |
| Other amounts payable | 47/48 | €1,751 | €10,175 | +€8,424 | +481% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,155 | €13,962 | +€807 | +6.1% |
| Other operating charges | 640/8 | €1,125 | €3,470 | +€2,345 | +208% |
| Gross operating margin | 9900 | -€10,486 | €434,976 | +€445,462 | |
| Operating profit (loss) | 9901 | -€24,766 | €417,544 | +€442,310 | |
| Financial income | 75/76B | €122 | €725 | +€603 | +494% |
| Recurring financial income | 75 | €122 | €725 | +€603 | +494% |
| Financial charges | 65/66B | €419 | €340 | -€79 | -18.8% |
| Recurring financial charges | 65 | €419 | €340 | -€79 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€25,063 | €417,929 | +€442,992 | |
| Income taxes | 67/77 | €136 | €132,304 | +€132,168 | +97,025% |
| Profit (loss) for the period | 9904 | -€25,199 | €285,625 | +€310,824 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,199 | €285,625 | +€310,824 |
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 30 October 2026 via checked.be.