TRUILINGEN: 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.
TRUILINGEN
Largest movements
- Stocks and contracts +€69,033
up €69,033 (+33.5%), from €205,875 to €274,908
- Tangible fixed assets -€44,475
down €44,475 (-10.3%), from €433,272 to €388,797
of which Land and buildings: -€34,808
- Cash -€27,975
down €27,975 (-5.2%), from €535,702 to €507,727
mainly Contributions, distributions and other (-€144,339) and Stocks and contracts (-€69,033)
- Reserves +€52,863
up €52,863 (+8.0%), from €664,552 to €717,415
of which Distributable reserves: +€52,863
- Debts after one year -€52,639
down €52,639 (-21.5%), from €244,677 to €192,038
- Other debts +€31,698
up €31,698 (+28.0%), from €113,164 to €144,862
- Trade debts -€27,750
down €27,750 (-16.7%), from €165,764 to €138,014
- Tax, wage and social debts +€14,560
up €14,560 (+30.2%), from €48,204 to €62,765
of which Remuneration and social security: +€8,349
- Gross operating margin +€173,883
up €173,883 (+43.8%), from €397,016 to €570,900
- Taxes +€39,523
up €39,523 (+85.2%), from €46,416 to €85,939
- Staff costs +€34,096
up €34,096 (+35.7%), from €95,599 to €129,696
- Other operating charges +€13,521
up €13,521 (+35.2%), from €38,382 to €51,903
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 | €1,317,799 | €1,327,045 | +€9,245 | +0.7% |
| Fixed assets | 21/28 | €433,412 | €388,937 | -€44,475 | -10.3% |
| Tangible fixed assets | 22/27 | €433,272 | €388,797 | -€44,475 | -10.3% |
| Land and buildings | 22 | €267,737 | €232,929 | -€34,808 | -13.0% |
| Plant, machinery and equipment | 23 | €116,291 | €127,783 | +€11,492 | +9.9% |
| Furniture and vehicles | 24 | €49,245 | €28,086 | -€21,159 | -43.0% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €884,387 | €938,107 | +€53,720 | +6.1% |
| Stocks and contracts in progress | 3 | €205,875 | €274,908 | +€69,033 | +33.5% |
| Stocks | 30/36 | €205,875 | €274,908 | +€69,033 | +33.5% |
| Amounts receivable within one year | 40/41 | €131,882 | €140,916 | +€9,034 | +6.9% |
| Trade receivables | 40 | €123,777 | €130,747 | +€6,971 | +5.6% |
| Other amounts receivable | 41 | €8,105 | €10,169 | +€2,064 | +25.5% |
| Cash at bank and in hand | 54/58 | €535,702 | €507,727 | -€27,975 | -5.2% |
| Deferred charges and accrued income | 490/1 | €10,928 | €14,556 | +€3,628 | +33.2% |
| Total equity and liabilities | 10/49 | €1,317,799 | €1,327,045 | +€9,245 | +0.7% |
| Equity | 10/15 | €683,102 | €735,965 | +€52,863 | +7.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €664,552 | €717,415 | +€52,863 | +8.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €662,697 | €715,560 | +€52,863 | +8.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €634,697 | €591,080 | -€43,617 | -6.9% |
| Amounts payable after more than one year | 17 | €244,677 | €192,038 | -€52,639 | -21.5% |
| Financial debts | 170/4 | €244,677 | €192,038 | -€52,639 | -21.5% |
| Amounts payable within one year | 42/48 | €389,399 | €398,279 | +€8,880 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €62,267 | €52,639 | -€9,628 | -15.5% |
| Trade debts | 44 | €165,764 | €138,014 | -€27,750 | -16.7% |
| Suppliers | 440/4 | €165,764 | €138,014 | -€27,750 | -16.7% |
| Taxes, remuneration and social security | 45 | €48,204 | €62,765 | +€14,560 | +30.2% |
| Taxes | 450/3 | €29,865 | €36,077 | +€6,212 | +20.8% |
| Remuneration and social security | 454/9 | €18,339 | €26,688 | +€8,349 | +45.5% |
| Other amounts payable | 47/48 | €113,164 | €144,862 | +€31,698 | +28.0% |
| Accrued charges and deferred income | 492/3 | €621 | €763 | +€142 | +22.8% |
| Non-recurring operating income | 76A | €2,000 | €0 | -€2,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €95,599 | €129,696 | +€34,096 | +35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,712 | €98,505 | +€2,793 | +2.9% |
| Other operating charges | 640/8 | €38,382 | €51,903 | +€13,521 | +35.2% |
| Non-recurring operating charges | 66A | €1,233 | €0 | -€1,233 | -100.0% |
| Gross operating margin | 9900 | €397,016 | €570,900 | +€173,883 | +43.8% |
| Operating profit (loss) | 9901 | €166,090 | €290,796 | +€124,706 | +75.1% |
| Financial income | 75/76B | €159 | €301 | +€142 | +89.4% |
| Recurring financial income | 75 | €159 | €301 | +€142 | +89.4% |
| Financial charges | 65/66B | €8,961 | €7,957 | -€1,005 | -11.2% |
| Recurring financial charges | 65 | €8,961 | €7,957 | -€1,005 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €157,287 | €283,140 | +€125,853 | +80.0% |
| Income taxes | 67/77 | €46,416 | €85,939 | +€39,523 | +85.2% |
| Profit (loss) for the period | 9904 | €110,872 | €197,201 | +€86,329 | +77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €110,872 | €197,201 | +€86,329 | +77.9% |
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 9 October 2026 via checked.be.