TRAST62: 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.
TRAST62
Largest movements
- Tangible fixed assets +€104,396
up €104,396 (+6.2%), from €1.7m to €1.8m
of which Land and buildings: +€163,617
- Receivables within one year -€69,466
down €69,466 (-58.1%), from €119,616 to €50,150
of which Other amounts receivable: -€79,950
- Profit (loss) carried forward -€185,216
down €185,216 (-15.5%), from -€1.2m to -€1.4m
- Debts after one year +€152,000
new in 2025: €152,000
- Other debts +€49,480
up €49,480 (+2.5%), from €2.0m to €2.1m
- Gross operating margin +€36,395
up €36,395 (+109.6%), from €33,218 to €69,612
- Depreciation +€21,102
up €21,102 (+10.0%), from €211,718 to €232,820
- Other operating charges -€9,201
down €9,201 (-35.7%), from €25,779 to €16,577
- Financial charges +€5,068
up €5,068 (+1964.2%), from €258 to €5,326
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 | €1,825,575 | €1,853,038 | +€27,463 | +1.5% |
| Fixed assets | 21/28 | €1,694,305 | €1,798,701 | +€104,396 | +6.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,694,305 | €1,798,701 | +€104,396 | +6.2% |
| Land and buildings | 22 | €1,403,649 | €1,567,266 | +€163,617 | +11.7% |
| Plant, machinery and equipment | 23 | €100,554 | €66,935 | -€33,619 | -33.4% |
| Furniture and vehicles | 24 | €190,102 | €164,500 | -€25,602 | -13.5% |
| Current assets | 29/58 | €131,270 | €54,337 | -€76,933 | -58.6% |
| Stocks and contracts in progress | 3 | €4,928 | €0 | -€4,928 | -100.0% |
| Stocks | 30/36 | €4,928 | €0 | -€4,928 | -100.0% |
| Amounts receivable within one year | 40/41 | €119,616 | €50,150 | -€69,466 | -58.1% |
| Trade receivables | 40 | €3,093 | €13,577 | +€10,484 | +339.0% |
| Other amounts receivable | 41 | €116,523 | €36,573 | -€79,950 | -68.6% |
| Cash at bank and in hand | 54/58 | €5,949 | €1,123 | -€4,826 | -81.1% |
| Deferred charges and accrued income | 490/1 | €777 | €3,064 | +€2,287 | +294.1% |
| Total equity and liabilities | 10/49 | €1,825,575 | €1,853,038 | +€27,463 | +1.5% |
| Equity | 10/15 | -€189,527 | -€374,744 | -€185,216 | -97.7% |
| Contributions | 10/11 | €1,006,200 | €1,006,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,197,587 | -€1,382,804 | -€185,216 | -15.5% |
| Amounts payable | 17/49 | €2,015,102 | €2,227,782 | +€212,680 | +10.6% |
| Amounts payable after more than one year | 17 | - | €152,000 | +€152,000 | |
| Financial debts | 170/4 | - | €152,000 | +€152,000 | |
| Amounts payable within one year | 42/48 | €2,014,002 | €2,071,669 | +€57,666 | +2.9% |
| Financial debts | 43 | - | €1,474 | +€1,474 | |
| Credit institutions | 430/8 | - | €1,474 | +€1,474 | |
| Trade debts | 44 | €1,363 | €6,343 | +€4,980 | +365.3% |
| Suppliers | 440/4 | €1,363 | €6,343 | +€4,980 | +365.3% |
| Taxes, remuneration and social security | 45 | €24 | €1,757 | +€1,733 | +7183.0% |
| Taxes | 450/3 | €24 | €1,757 | +€1,733 | +7183.0% |
| Other amounts payable | 47/48 | €2,012,615 | €2,062,095 | +€49,480 | +2.5% |
| Accrued charges and deferred income | 492/3 | €1,100 | €4,113 | +€3,013 | +273.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €211,718 | €232,820 | +€21,102 | +10.0% |
| Other operating charges | 640/8 | €25,779 | €16,577 | -€9,201 | -35.7% |
| Gross operating margin | 9900 | €33,218 | €69,612 | +€36,395 | +109.6% |
| Operating profit (loss) | 9901 | -€204,280 | -€179,786 | +€24,494 | +12.0% |
| Financial income | 75/76B | €653 | €206 | -€447 | -68.5% |
| Recurring financial income | 75 | €653 | €206 | -€447 | -68.5% |
| Financial charges | 65/66B | €258 | €5,326 | +€5,068 | +1964.2% |
| Recurring financial charges | 65 | €258 | €5,326 | +€5,068 | +1964.2% |
| Profit (loss) for the period before taxes | 9903 | -€203,885 | -€184,906 | +€18,979 | +9.3% |
| Income taxes | 67/77 | €385 | €311 | -€74 | -19.2% |
| Profit (loss) for the period | 9904 | -€204,269 | -€185,216 | +€19,053 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€204,269 | -€185,216 | +€19,053 | +9.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.