TRENTUNO: 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.
TRENTUNO
Largest movements
- Tangible fixed assets -€16,285
down €16,285 (-20.4%), from €79,838 to €63,552
- Stocks and contracts -€12,986
down €12,986 (-7.1%), from €182,652 to €169,666
- Cash +€7,670
up €7,670 (+13.6%), from €56,529 to €64,199
mainly Depreciation (+€16,285) and Stocks and contracts (+€12,986)
- Receivables within one year +€6,329
up €6,329 (+284.5%), from €2,225 to €8,554
- Other debts -€9,970
down €9,970 (-85.7%), from €11,636 to €1,666
- Current portion of long-term debt -€3,567
down €3,567 (-3.4%), from €103,567 to €100,000
- Gross operating margin -€3,731
down €3,731 (-8.4%), from €44,458 to €40,727
- Financial charges -€3,059
down €3,059 (-32.5%), from €9,417 to €6,359
- Staff costs -€2,104
down €2,104 (-12.9%), from €16,304 to €14,200
- Depreciation +€1,561
up €1,561 (+10.6%), from €14,725 to €16,285
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 | €321,342 | €306,357 | -€14,986 | -4.7% |
| Fixed assets | 21/28 | €79,937 | €63,651 | -€16,285 | -20.4% |
| Tangible fixed assets | 22/27 | €79,838 | €63,552 | -€16,285 | -20.4% |
| Land and buildings | 22 | €40,679 | €36,463 | -€4,216 | -10.4% |
| Furniture and vehicles | 24 | €11,086 | €6,087 | -€4,999 | -45.1% |
| Other tangible fixed assets | 26 | €28,072 | €21,002 | -€7,070 | -25.2% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €241,405 | €242,705 | +€1,300 | +0.5% |
| Stocks and contracts in progress | 3 | €182,652 | €169,666 | -€12,986 | -7.1% |
| Stocks | 30/36 | €182,652 | €169,666 | -€12,986 | -7.1% |
| Amounts receivable within one year | 40/41 | €2,225 | €8,554 | +€6,329 | +284.5% |
| Other amounts receivable | 41 | €2,225 | €8,554 | +€6,329 | +284.5% |
| Cash at bank and in hand | 54/58 | €56,529 | €64,199 | +€7,670 | +13.6% |
| Deferred charges and accrued income | 490/1 | - | €286 | +€286 | |
| Total equity and liabilities | 10/49 | €321,342 | €306,357 | -€14,986 | -4.7% |
| Equity | 10/15 | €178,789 | €177,862 | -€926 | -0.5% |
| Contributions | 10/11 | €43,381 | €43,381 | = | 0.0% |
| Reserves | 13 | €133,714 | €133,714 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,214 | €6,214 | = | 0.0% |
| Distributable reserves | 133 | €127,500 | €127,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,693 | €767 | -€926 | -54.7% |
| Amounts payable | 17/49 | €142,554 | €128,494 | -€14,059 | -9.9% |
| Amounts payable within one year | 42/48 | €142,554 | €128,494 | -€14,059 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €103,567 | €100,000 | -€3,567 | -3.4% |
| Trade debts | 44 | €8,503 | €5,878 | -€2,625 | -30.9% |
| Suppliers | 440/4 | €8,503 | €5,878 | -€2,625 | -30.9% |
| Taxes, remuneration and social security | 45 | €18,847 | €20,950 | +€2,103 | +11.2% |
| Taxes | 450/3 | €18,478 | €20,950 | +€2,472 | +13.4% |
| Remuneration and social security | 454/9 | €370 | - | -€370 | |
| Other amounts payable | 47/48 | €11,636 | €1,666 | -€9,970 | -85.7% |
| Remuneration, social security and pensions | 62 | €16,304 | €14,200 | -€2,104 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,725 | €16,285 | +€1,561 | +10.6% |
| Other operating charges | 640/8 | €2,487 | €2,401 | -€85 | -3.4% |
| Gross operating margin | 9900 | €44,458 | €40,727 | -€3,731 | -8.4% |
| Operating profit (loss) | 9901 | €10,942 | €7,839 | -€3,103 | -28.4% |
| Financial income | 75/76B | €142 | €393 | +€251 | +177.5% |
| Recurring financial income | 75 | €142 | €393 | +€251 | +177.5% |
| Financial charges | 65/66B | €9,417 | €6,359 | -€3,059 | -32.5% |
| Recurring financial charges | 65 | €9,417 | €6,359 | -€3,059 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €1,667 | €1,874 | +€207 | +12.4% |
| Income taxes | 67/77 | €775 | €1,134 | +€359 | +46.3% |
| Profit (loss) for the period | 9904 | €891 | €740 | -€152 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €891 | €740 | -€152 | -17.0% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.