Trentasette: 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.
Trentasette
Largest movements
- Cash -€45,033
down €45,033 (-94.3%), from €47,768 to €2,735
mainly Net result for the year (-€49,933) and Tax, wage and social debts (-€20,959)
- Receivables within one year -€24,354
down €24,354 (-38.0%), from €64,025 to €39,671
of which Trade receivables: -€16,826
- Intangible fixed assets -€4,000
down €4,000 (-60.5%), from €6,612 to €2,612
- Tangible fixed assets +€1,786
up €1,786 (+89.1%), from €2,004 to €3,790
of which Furniture and vehicles: +€3,015
- Profit (loss) carried forward -€49,933
down €49,933 (-54.9%), from €91,005 to €41,072
- Tax, wage and social debts -€20,959
down €20,959 (-98.5%), from €21,277 to €318
of which Taxes: -€16,859
- Gross operating margin -€78,101
down €78,101, from €42,130 to -€35,971
- Taxes +€3,630
up €3,630 (+83.2%), from €4,362 to €7,992
- Depreciation +€863
up €863 (+15.8%), from €5,464 to €6,327
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 | €120,629 | €49,469 | -€71,160 | -59.0% |
| Fixed assets | 21/28 | €8,616 | €6,402 | -€2,214 | -25.7% |
| Intangible fixed assets | 21 | €6,612 | €2,612 | -€4,000 | -60.5% |
| Tangible fixed assets | 22/27 | €2,004 | €3,790 | +€1,786 | +89.1% |
| Furniture and vehicles | 24 | €591 | €3,606 | +€3,015 | +510% |
| Other tangible fixed assets | 26 | €1,413 | €184 | -€1,229 | -87.0% |
| Current assets | 29/58 | €112,013 | €43,067 | -€68,946 | -61.6% |
| Amounts receivable within one year | 40/41 | €64,025 | €39,671 | -€24,354 | -38.0% |
| Trade receivables | 40 | €16,826 | - | -€16,826 | |
| Other amounts receivable | 41 | €47,199 | €39,671 | -€7,527 | -15.9% |
| Cash at bank and in hand | 54/58 | €47,768 | €2,735 | -€45,033 | -94.3% |
| Deferred charges and accrued income | 490/1 | €220 | €661 | +€441 | +200% |
| Total equity and liabilities | 10/49 | €120,629 | €49,469 | -€71,160 | -59.0% |
| Equity | 10/15 | €99,065 | €49,132 | -€49,933 | -50.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,005 | €41,072 | -€49,933 | -54.9% |
| Amounts payable | 17/49 | €21,564 | €337 | -€21,227 | -98.4% |
| Amounts payable within one year | 42/48 | €21,564 | €337 | -€21,227 | -98.4% |
| Trade debts | 44 | €286 | €18 | -€268 | -93.6% |
| Suppliers | 440/4 | €286 | €18 | -€268 | -93.6% |
| Taxes, remuneration and social security | 45 | €21,277 | €318 | -€20,959 | -98.5% |
| Taxes | 450/3 | €17,177 | €318 | -€16,859 | -98.1% |
| Remuneration and social security | 454/9 | €4,100 | - | -€4,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,464 | €6,327 | +€863 | +15.8% |
| Other operating charges | 640/8 | €205 | €427 | +€222 | +108% |
| Gross operating margin | 9900 | €42,130 | -€35,971 | -€78,101 | |
| Operating profit (loss) | 9901 | €36,461 | -€42,725 | -€79,186 | |
| Financial income | 75/76B | €968 | €1,037 | +€69 | +7.1% |
| Recurring financial income | 75 | €968 | €1,037 | +€69 | +7.1% |
| Financial charges | 65/66B | €365 | €253 | -€111 | -30.5% |
| Recurring financial charges | 65 | €365 | €253 | -€111 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €37,065 | -€41,941 | -€79,006 | |
| Income taxes | 67/77 | €4,362 | €7,992 | +€3,630 | +83.2% |
| Profit (loss) for the period | 9904 | €32,702 | -€49,933 | -€82,636 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,702 | -€49,933 | -€82,636 |
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.