Truant: 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.
Truant
Largest movements
- Current investments -€500,000
down €500,000 (-40.0%), from €1.3m to €750,000
- Cash -€65,091
down €65,091 (-76.4%), from €85,222 to €20,131
mainly Debts after one year (-€372,456) and Other debts (-€95,816)
- Debts after one year -€372,456
down €372,456 (-96.1%), from €387,596 to €15,140
- Other debts -€95,816
down €95,816 (-65.7%), from €145,816 to €50,000
- Profit (loss) carried forward -€60,764
down €60,764 (-57.3%), from €105,954 to €45,191
- Accrued charges and deferred income -€29,622
down €29,622 (-96.4%), from €30,744 to €1,122
- Financial charges -€32,084
down €32,084 (-99.1%), from €32,369 to €285
- Gross operating margin -€21,503
down €21,503 (-93.1%), from €23,105 to €1,602
- Depreciation -€3,886
down €3,886 (-18.1%), from €21,494 to €17,608
- Other operating charges +€3,064
up €3,064 (+222.8%), from €1,375 to €4,439
- Taxes +€2,388
up €2,388, from -€1 to €2,388
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 | €1,520,514 | €958,979 | -€561,535 | -36.9% |
| Fixed assets | 21/28 | €175,831 | €183,805 | +€7,974 | +4.5% |
| Tangible fixed assets | 22/27 | €175,831 | €183,805 | +€7,974 | +4.5% |
| Land and buildings | 22 | €80,702 | €76,968 | -€3,733 | -4.6% |
| Plant, machinery and equipment | 23 | €95,130 | €74,878 | -€20,251 | -21.3% |
| Furniture and vehicles | 24 | - | €31,959 | +€31,959 | |
| Current assets | 29/58 | €1,344,683 | €775,174 | -€569,509 | -42.4% |
| Amounts receivable within one year | 40/41 | €6,755 | €5 | -€6,750 | -99.9% |
| Trade receivables | 40 | €4,843 | €5 | -€4,838 | -99.9% |
| Other amounts receivable | 41 | €1,912 | - | -€1,912 | |
| Current investments | 50/53 | €1,250,000 | €750,000 | -€500,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €85,222 | €20,131 | -€65,091 | -76.4% |
| Deferred charges and accrued income | 490/1 | €2,706 | €5,038 | +€2,332 | +86.2% |
| Total equity and liabilities | 10/49 | €1,520,514 | €958,979 | -€561,535 | -36.9% |
| Equity | 10/15 | €949,761 | €888,998 | -€60,764 | -6.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €782,307 | €782,307 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €324,307 | €324,307 | = | 0.0% |
| Distributable reserves | 133 | €451,850 | €451,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,954 | €45,191 | -€60,764 | -57.3% |
| Amounts payable | 17/49 | €570,753 | €69,982 | -€500,771 | -87.7% |
| Amounts payable after more than one year | 17 | €387,596 | €15,140 | -€372,456 | -96.1% |
| Other amounts payable | 178/9 | €387,596 | €15,140 | -€372,456 | -96.1% |
| Amounts payable within one year | 42/48 | €152,412 | €53,720 | -€98,693 | -64.8% |
| Trade debts | 44 | €6,596 | €3,581 | -€3,015 | -45.7% |
| Suppliers | 440/4 | €6,596 | €3,581 | -€3,015 | -45.7% |
| Taxes, remuneration and social security | 45 | - | €138 | +€138 | |
| Taxes | 450/3 | - | €138 | +€138 | |
| Other amounts payable | 47/48 | €145,816 | €50,000 | -€95,816 | -65.7% |
| Accrued charges and deferred income | 492/3 | €30,744 | €1,122 | -€29,622 | -96.4% |
| Non-recurring operating income | 76A | €16,500 | €10,600 | -€5,900 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,494 | €17,608 | -€3,886 | -18.1% |
| Other operating charges | 640/8 | €1,375 | €4,439 | +€3,064 | +222.8% |
| Gross operating margin | 9900 | €23,105 | €1,602 | -€21,503 | -93.1% |
| Operating profit (loss) | 9901 | €235 | -€20,445 | -€20,680 | |
| Financial income | 75/76B | €14,734 | €12,354 | -€2,380 | -16.2% |
| Recurring financial income | 75 | €14,734 | €12,354 | -€2,380 | -16.2% |
| Financial charges | 65/66B | €32,369 | €285 | -€32,084 | -99.1% |
| Recurring financial charges | 65 | €32,369 | €285 | -€32,084 | -99.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,399 | -€8,376 | +€9,023 | +51.9% |
| Income taxes | 67/77 | -€1 | €2,388 | +€2,388 | |
| Profit (loss) for the period | 9904 | -€17,398 | -€10,764 | +€6,635 | +38.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,398 | -€10,764 | +€6,635 | +38.1% |
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 10 October 2026 via checked.be.