TREND TRADING: 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.
TREND TRADING
Largest movements
- Cash -€89,814
down €89,814 (-88.3%), from €101,728 to €11,915
mainly Other debts (-€74,123) and Net result for the year (-€10,484)
- Receivables within one year +€1,673
up €1,673 (+67.1%), from €2,492 to €4,165
of which Trade receivables: +€1,374
- Other debts -€74,123
down €74,123 (-65.0%), from €114,031 to €39,908
- Profit (loss) carried forward -€10,484
down €10,484 (-30.4%), from -€34,442 to -€44,926
- Trade debts -€2,333
down €2,333 (-64.9%), from €3,597 to €1,263
- Gross operating margin -€89,807
down €89,807, from €79,471 to -€10,336
- Financial charges -€1,167
down €1,167 (-88.7%), from €1,315 to €148
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,220 | €16,280 | -€87,940 | -84.4% |
| Current assets | 29/58 | €104,220 | €16,280 | -€87,940 | -84.4% |
| Amounts receivable within one year | 40/41 | €2,492 | €4,165 | +€1,673 | +67.1% |
| Trade receivables | 40 | €1,812 | €3,186 | +€1,374 | +75.8% |
| Other amounts receivable | 41 | €680 | €979 | +€299 | +44.0% |
| Cash at bank and in hand | 54/58 | €101,728 | €11,915 | -€89,814 | -88.3% |
| Deferred charges and accrued income | 490/1 | - | €200 | +€200 | |
| Total equity and liabilities | 10/49 | €104,220 | €16,280 | -€87,940 | -84.4% |
| Equity | 10/15 | -€15,892 | -€26,376 | -€10,484 | -66.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,442 | -€44,926 | -€10,484 | -30.4% |
| Amounts payable | 17/49 | €120,113 | €42,656 | -€77,456 | -64.5% |
| Amounts payable within one year | 42/48 | €120,113 | €42,656 | -€77,456 | -64.5% |
| Trade debts | 44 | €3,597 | €1,263 | -€2,333 | -64.9% |
| Suppliers | 440/4 | €3,597 | €1,263 | -€2,333 | -64.9% |
| Taxes, remuneration and social security | 45 | €2,485 | €1,485 | -€1,000 | -40.2% |
| Remuneration and social security | 454/9 | €2,485 | €1,485 | -€1,000 | -40.2% |
| Other amounts payable | 47/48 | €114,031 | €39,908 | -€74,123 | -65.0% |
| Other operating charges | 640/8 | €361 | €144 | -€217 | -60.1% |
| Gross operating margin | 9900 | €79,471 | -€10,336 | -€89,807 | |
| Operating profit (loss) | 9901 | €79,110 | -€10,480 | -€89,590 | |
| Financial income | 75/76B | €216 | €144 | -€72 | -33.3% |
| Recurring financial income | 75 | €216 | €144 | -€72 | -33.3% |
| Financial charges | 65/66B | €1,315 | €148 | -€1,167 | -88.7% |
| Recurring financial charges | 65 | €1,315 | €148 | -€1,167 | -88.7% |
| Profit (loss) for the period before taxes | 9903 | €78,011 | -€10,484 | -€88,495 | |
| Profit (loss) for the period | 9904 | €78,011 | -€10,484 | -€88,495 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,011 | -€10,484 | -€88,495 |
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 11 October 2026 via checked.be.