TRUANT NEONAT: what changed
TRUANT NEONAT
Largest movements
- Cash +€51,752
up €51,752 (+172%), from €30,176 to €81,927
mainly Other debts (+€91,753) and Net result for the year (+€51,707)
- Intangible fixed assets -€12,750
down €12,750 (-22.7%), from €56,156 to €43,406
- Receivables within one year -€4,423
down €4,423 (-8.8%), from €50,457 to €46,034
of which Trade receivables: -€8,633
- Other debts +€91,753
up €91,753 (+122%), from €74,992 to €166,745
- Profit (loss) carried forward -€45,056
no longer reported in 2025 (was €45,056)
- Debts after one year -€12,905
down €12,905 (-26.4%), from €48,861 to €35,957
- Gross operating margin +€4,924
up €4,924 (+6.2%), from €79,789 to €84,712
- Depreciation -€4,024
down €4,024 (-20.6%), from €19,569 to €15,546
- Financial charges +€3,286
up €3,286 (+526%), from €624 to €3,910
- Taxes +€1,239
up €1,239 (+9.9%), from €12,552 to €13,790
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,340 | €221,787 | +€33,447 | +17.8% |
| Fixed assets | 21/28 | €59,866 | €45,057 | -€14,810 | -24.7% |
| Intangible fixed assets | 21 | €56,156 | €43,406 | -€12,750 | -22.7% |
| Tangible fixed assets | 22/27 | €3,711 | €1,651 | -€2,060 | -55.5% |
| Plant, machinery and equipment | 23 | €526 | €186 | -€340 | -64.6% |
| Furniture and vehicles | 24 | €3,184 | €1,465 | -€1,720 | -54.0% |
| Current assets | 29/58 | €128,474 | €176,730 | +€48,257 | +37.6% |
| Amounts receivable within one year | 40/41 | €50,457 | €46,034 | -€4,423 | -8.8% |
| Trade receivables | 40 | €47,009 | €38,376 | -€8,633 | -18.4% |
| Other amounts receivable | 41 | €3,448 | €7,658 | +€4,210 | +122% |
| Current investments | 50/53 | €44,550 | €44,550 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,176 | €81,927 | +€51,752 | +172% |
| Deferred charges and accrued income | 490/1 | €3,292 | €4,220 | +€928 | +28.2% |
| Total equity and liabilities | 10/49 | €188,340 | €221,787 | +€33,447 | +17.8% |
| Equity | 10/15 | €47,056 | €2,000 | -€45,056 | -95.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,056 | - | -€45,056 | |
| Amounts payable | 17/49 | €141,285 | €219,787 | +€78,503 | +55.6% |
| Amounts payable after more than one year | 17 | €48,861 | €35,957 | -€12,905 | -26.4% |
| Financial debts | 170/4 | €48,861 | €35,957 | -€12,905 | -26.4% |
| Amounts payable within one year | 42/48 | €92,423 | €183,831 | +€91,407 | +98.9% |
| Current portion of amounts payable after more than one year | 42 | €12,815 | €12,905 | +€90 | +0.7% |
| Trade debts | 44 | €117 | €182 | +€65 | +55.8% |
| Suppliers | 440/4 | €117 | €182 | +€65 | +55.8% |
| Taxes, remuneration and social security | 45 | €4,500 | €3,999 | -€501 | -11.1% |
| Taxes | 450/3 | €4,500 | €3,999 | -€501 | -11.1% |
| Other amounts payable | 47/48 | €74,992 | €166,745 | +€91,753 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,569 | €15,546 | -€4,024 | -20.6% |
| Other operating charges | 640/8 | €642 | €748 | +€106 | +16.5% |
| Gross operating margin | 9900 | €79,789 | €84,712 | +€4,924 | +6.2% |
| Operating profit (loss) | 9901 | €59,577 | €68,418 | +€8,841 | +14.8% |
| Financial income | 75/76B | €1,014 | €989 | -€25 | -2.4% |
| Recurring financial income | 75 | €1,014 | €989 | -€25 | -2.4% |
| Financial charges | 65/66B | €624 | €3,910 | +€3,286 | +526% |
| Recurring financial charges | 65 | €624 | €3,910 | +€3,286 | +526% |
| Profit (loss) for the period before taxes | 9903 | €59,967 | €65,497 | +€5,531 | +9.2% |
| Income taxes | 67/77 | €12,552 | €13,790 | +€1,239 | +9.9% |
| Profit (loss) for the period | 9904 | €47,415 | €51,707 | +€4,292 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,415 | €51,707 | +€4,292 | +9.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.