TRENDY: 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.
TRENDY
Largest movements
- Tangible fixed assets -€8,113
down €8,113 (-37.5%), from €21,634 to €13,521
- Cash +€5,479
up €5,479 (+5.6%), from €97,012 to €102,491
mainly Depreciation (+€8,113) and Net result for the year (+€7,198)
- Debts after one year -€12,040
no longer reported in 2025 (was €12,040)
- Reserves +€7,198
up €7,198 (+10.7%), from €67,284 to €74,482
of which Distributable reserves: +€7,198
- Other debts +€2,891
new in 2025: €2,891
- Gross operating margin +€1,337
up €1,337 (+6.5%), from €20,606 to €21,943
- Taxes -€855
down €855 (-20.2%), from €4,236 to €3,381
- Other operating charges -€333
down €333 (-14.4%), from €2,305 to €1,972
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 | €118,696 | €116,062 | -€2,634 | -2.2% |
| Fixed assets | 21/28 | €21,684 | €13,571 | -€8,113 | -37.4% |
| Tangible fixed assets | 22/27 | €21,634 | €13,521 | -€8,113 | -37.5% |
| Land and buildings | 22 | €21,634 | €13,521 | -€8,113 | -37.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €97,012 | €102,491 | +€5,479 | +5.6% |
| Cash at bank and in hand | 54/58 | €97,012 | €102,491 | +€5,479 | +5.6% |
| Total equity and liabilities | 10/49 | €118,696 | €116,062 | -€2,634 | -2.2% |
| Equity | 10/15 | €92,858 | €100,056 | +€7,198 | +7.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €67,284 | €74,482 | +€7,198 | +10.7% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €64,784 | €71,982 | +€7,198 | +11.1% |
| Profit (loss) carried forward | 14 | €574 | €574 | = | 0.0% |
| Amounts payable | 17/49 | €25,838 | €16,006 | -€9,832 | -38.1% |
| Amounts payable after more than one year | 17 | €12,040 | - | -€12,040 | |
| Financial debts | 170/4 | €12,040 | - | -€12,040 | |
| Amounts payable within one year | 42/48 | €13,798 | €16,006 | +€2,208 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €10,386 | €10,561 | +€176 | +1.7% |
| Taxes, remuneration and social security | 45 | €3,412 | €2,553 | -€859 | -25.2% |
| Taxes | 450/3 | €3,412 | €2,553 | -€859 | -25.2% |
| Other amounts payable | 47/48 | - | €2,891 | +€2,891 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,113 | €8,113 | = | 0.0% |
| Other operating charges | 640/8 | €2,305 | €1,972 | -€333 | -14.4% |
| Gross operating margin | 9900 | €20,606 | €21,943 | +€1,337 | +6.5% |
| Operating profit (loss) | 9901 | €10,188 | €11,858 | +€1,670 | +16.4% |
| Financial income | 75/76B | €507 | €290 | -€216 | -42.7% |
| Recurring financial income | 75 | €507 | €290 | -€216 | -42.7% |
| Financial charges | 65/66B | €1,564 | €1,569 | +€4 | +0.3% |
| Recurring financial charges | 65 | €1,564 | €1,569 | +€4 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €9,130 | €10,580 | +€1,450 | +15.9% |
| Income taxes | 67/77 | €4,236 | €3,381 | -€855 | -20.2% |
| Profit (loss) for the period | 9904 | €4,894 | €7,198 | +€2,304 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,894 | €7,198 | +€2,304 | +47.1% |
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 30 September 2026 via checked.be.