TRENS16: 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.
TRENS16
Largest movements
- Receivables within one year -€15,006
down €15,006 (-26.8%), from €55,988 to €40,983
of which Other amounts receivable: -€14,278
- Cash -€11,692
down €11,692 (-27.1%), from €43,141 to €31,449
mainly Contributions, distributions and other (-€30,000) and Trade debts (-€6,388)
- Deferred charges and accrued income -€3,555
down €3,555 (-49.4%), from €7,192 to €3,637
- Profit (loss) carried forward -€18,886
down €18,886 (-37.2%), from €50,774 to €31,888
- Trade debts -€6,388
down €6,388 (-41.3%), from €15,465 to €9,076
- Tax, wage and social debts -€5,041
down €5,041 (-25.3%), from €19,908 to €14,867
of which Taxes: -€5,809
- Financial charges +€3,605
up €3,605 (+380.7%), from €947 to €4,553
- Taxes -€3,447
down €3,447 (-37.7%), from €9,134 to €5,686
- Gross operating margin -€2,766
down €2,766 (-4.9%), from €56,677 to €53,911
- Financial income -€2,350
down €2,350 (-54.0%), from €4,348 to €1,999
- Staff costs +€798
up €798 (+2.5%), from €31,754 to €32,552
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,007 | €87,791 | -€30,216 | -25.6% |
| Fixed assets | 21/28 | €11,686 | €11,722 | +€36 | +0.3% |
| Tangible fixed assets | 22/27 | €11,686 | €11,722 | +€36 | +0.3% |
| Plant, machinery and equipment | 23 | €11,686 | €11,722 | +€36 | +0.3% |
| Current assets | 29/58 | €106,321 | €76,068 | -€30,253 | -28.5% |
| Amounts receivable within one year | 40/41 | €55,988 | €40,983 | -€15,006 | -26.8% |
| Trade receivables | 40 | €2,055 | €1,327 | -€728 | -35.4% |
| Other amounts receivable | 41 | €53,934 | €39,656 | -€14,278 | -26.5% |
| Cash at bank and in hand | 54/58 | €43,141 | €31,449 | -€11,692 | -27.1% |
| Deferred charges and accrued income | 490/1 | €7,192 | €3,637 | -€3,555 | -49.4% |
| Total equity and liabilities | 10/49 | €118,007 | €87,791 | -€30,216 | -25.6% |
| Equity | 10/15 | €52,634 | €33,748 | -€18,886 | -35.9% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,774 | €31,888 | -€18,886 | -37.2% |
| Amounts payable | 17/49 | €65,373 | €54,043 | -€11,330 | -17.3% |
| Amounts payable within one year | 42/48 | €65,373 | €54,043 | -€11,330 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | - | €99 | +€99 | |
| Trade debts | 44 | €15,465 | €9,076 | -€6,388 | -41.3% |
| Suppliers | 440/4 | €15,465 | €9,076 | -€6,388 | -41.3% |
| Taxes, remuneration and social security | 45 | €19,908 | €14,867 | -€5,041 | -25.3% |
| Taxes | 450/3 | €14,893 | €9,084 | -€5,809 | -39.0% |
| Remuneration and social security | 454/9 | €5,016 | €5,783 | +€768 | +15.3% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €31,754 | €32,552 | +€798 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,429 | €1,559 | +€130 | +9.1% |
| Other operating charges | 640/8 | €463 | €446 | -€17 | -3.7% |
| Gross operating margin | 9900 | €56,677 | €53,911 | -€2,766 | -4.9% |
| Operating profit (loss) | 9901 | €23,031 | €19,354 | -€3,677 | -16.0% |
| Financial income | 75/76B | €4,348 | €1,999 | -€2,350 | -54.0% |
| Recurring financial income | 75 | €4,348 | €1,999 | -€2,350 | -54.0% |
| Financial charges | 65/66B | €947 | €4,553 | +€3,605 | +380.7% |
| Recurring financial charges | 65 | €947 | €4,553 | +€3,605 | +380.7% |
| Profit (loss) for the period before taxes | 9903 | €26,432 | €16,800 | -€9,632 | -36.4% |
| Income taxes | 67/77 | €9,134 | €5,686 | -€3,447 | -37.7% |
| Profit (loss) for the period | 9904 | €17,298 | €11,114 | -€6,184 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,298 | €11,114 | -€6,184 | -35.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.