TRULL & CO: 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.
TRULL & CO
Largest movements
- Receivables within one year +€12,627
up €12,627 (+35.0%), from €36,044 to €48,671
- Cash -€4,525
down €4,525 (-17.1%), from €26,447 to €21,923
mainly Tax, wage and social debts (-€16,823) and Receivables within one year (-€12,627)
- Profit (loss) carried forward +€20,320
new in 2025: €20,320
- Tax, wage and social debts -€16,823
no longer reported in 2025 (was €16,823)
- Reserves +€6,729
up €6,729 (+18.5%), from €36,317 to €43,046
- Trade debts -€2,004
down €2,004 (-45.4%), from €4,420 to €2,415
- Gross operating margin +€16,325
up €16,325 (+41.8%), from €39,093 to €55,418
- Financial charges +€3,774
up €3,774 (+579%), from €652 to €4,426
- Taxes -€903
down €903 (-5.9%), from €15,369 to €14,465
- Financial income +€615
up €615 (+59.7%), from €1,030 to €1,645
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 | €65,607 | €73,829 | +€8,221 | +12.5% |
| Fixed assets | 21/28 | €1,668 | €1,289 | -€379 | -22.7% |
| Tangible fixed assets | 22/27 | €1,581 | €1,202 | -€379 | -24.0% |
| Furniture and vehicles | 24 | €1,581 | €1,202 | -€379 | -24.0% |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €63,939 | €72,539 | +€8,600 | +13.5% |
| Amounts receivable within one year | 40/41 | €36,044 | €48,671 | +€12,627 | +35.0% |
| Other amounts receivable | 41 | €36,044 | €48,671 | +€12,627 | +35.0% |
| Cash at bank and in hand | 54/58 | €26,447 | €21,923 | -€4,525 | -17.1% |
| Deferred charges and accrued income | 490/1 | €1,448 | €1,946 | +€498 | +34.4% |
| Total equity and liabilities | 10/49 | €65,607 | €73,829 | +€8,221 | +12.5% |
| Equity | 10/15 | €44,365 | €71,414 | +€27,049 | +61.0% |
| Contributions | 10/11 | €8,048 | €8,048 | = | 0.0% |
| Reserves | 13 | €36,317 | €43,046 | +€6,729 | +18.5% |
| Distributable reserves | 133 | €36,317 | €43,046 | +€6,729 | +18.5% |
| Profit (loss) carried forward | 14 | - | €20,320 | +€20,320 | |
| Amounts payable | 17/49 | €21,242 | €2,415 | -€18,827 | -88.6% |
| Amounts payable within one year | 42/48 | €21,242 | €2,415 | -€18,827 | -88.6% |
| Trade debts | 44 | €4,420 | €2,415 | -€2,004 | -45.4% |
| Suppliers | 440/4 | €4,420 | €2,415 | -€2,004 | -45.4% |
| Taxes, remuneration and social security | 45 | €16,823 | - | -€16,823 | |
| Taxes | 450/3 | €16,823 | - | -€16,823 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,047 | €938 | -€110 | -10.5% |
| Other operating charges | 640/8 | €1,397 | €1,915 | +€519 | +37.1% |
| Gross operating margin | 9900 | €39,093 | €55,418 | +€16,325 | +41.8% |
| Operating profit (loss) | 9901 | €36,649 | €52,565 | +€15,916 | +43.4% |
| Financial income | 75/76B | €1,030 | €1,645 | +€615 | +59.7% |
| Recurring financial income | 75 | €1,030 | €1,645 | +€615 | +59.7% |
| Financial charges | 65/66B | €652 | €4,426 | +€3,774 | +579% |
| Recurring financial charges | 65 | €652 | €4,426 | +€3,774 | +579% |
| Profit (loss) for the period before taxes | 9903 | €37,027 | €49,785 | +€12,758 | +34.5% |
| Income taxes | 67/77 | €15,369 | €14,465 | -€903 | -5.9% |
| Profit (loss) for the period | 9904 | €21,659 | €35,320 | +€13,661 | +63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,659 | €35,320 | +€13,661 | +63.1% |
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 17 October 2026 via checked.be.