TRUMA: 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.
TRUMA
Largest movements
- Current investments +€688,332
up €688,332 (+353%), from €195,122 to €883,454
- Cash -€581,705
down €581,705 (-91.2%), from €637,632 to €55,927
mainly Current investments (-€688,332) and Contributions, distributions and other (-€11,000)
- Tangible fixed assets -€36,212
down €36,212 (-10.3%), from €350,065 to €313,853
of which Furniture and vehicles: -€22,742
- Accrued charges and deferred income +€47,500
up €47,500 (+3,797%), from €1,251 to €48,751
- Reserves +€27,727
up €27,727 (+2.4%), from €1.1m to €1.2m
of which Distributable reserves: +€27,727
- Depreciation +€15,590
up €15,590 (+72.5%), from €21,502 to €37,092
- Financial income +€5,032
up €5,032 (+40.7%), from €12,370 to €17,403
of which Financial income: +€14,286
- Taxes -€3,427
down €3,427 (-16.7%), from €20,578 to €17,151
- Gross operating margin -€1,880
down €1,880 (-2.3%), from €81,131 to €79,251
- Financial charges +€1,070
up €1,070 (+1,926%), from €56 to €1,126
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 | €1,185,715 | €1,254,175 | +€68,460 | +5.8% |
| Fixed assets | 21/28 | €350,520 | €314,308 | -€36,212 | -10.3% |
| Tangible fixed assets | 22/27 | €350,065 | €313,853 | -€36,212 | -10.3% |
| Land and buildings | 22 | €266,184 | €252,201 | -€13,983 | -5.3% |
| Plant, machinery and equipment | 23 | €377 | €890 | +€513 | +136% |
| Furniture and vehicles | 24 | €83,504 | €60,763 | -€22,742 | -27.2% |
| Financial fixed assets | 28 | €455 | €455 | = | 0.0% |
| Current assets | 29/58 | €835,195 | €939,867 | +€104,672 | +12.5% |
| Amounts receivable within one year | 40/41 | €487 | €487 | = | 0.0% |
| Other amounts receivable | 41 | €487 | €487 | = | 0.0% |
| Current investments | 50/53 | €195,122 | €883,454 | +€688,332 | +353% |
| Cash at bank and in hand | 54/58 | €637,632 | €55,927 | -€581,705 | -91.2% |
| Deferred charges and accrued income | 490/1 | €1,954 | - | -€1,954 | |
| Total equity and liabilities | 10/49 | €1,185,715 | €1,254,175 | +€68,460 | +5.8% |
| Equity | 10/15 | €1,161,101 | €1,188,828 | +€27,727 | +2.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,142,551 | €1,170,278 | +€27,727 | +2.4% |
| 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 | €1,140,696 | €1,168,423 | +€27,727 | +2.4% |
| Amounts payable | 17/49 | €24,614 | €65,347 | +€40,733 | +165% |
| Amounts payable within one year | 42/48 | €23,363 | €16,596 | -€6,767 | -29.0% |
| Trade debts | 44 | €1,099 | €808 | -€291 | -26.5% |
| Suppliers | 440/4 | €1,099 | €808 | -€291 | -26.5% |
| Taxes, remuneration and social security | 45 | €18,514 | €15,702 | -€2,812 | -15.2% |
| Taxes | 450/3 | €18,514 | €15,702 | -€2,812 | -15.2% |
| Other amounts payable | 47/48 | €3,750 | €85 | -€3,664 | -97.7% |
| Accrued charges and deferred income | 492/3 | €1,251 | €48,751 | +€47,500 | +3,797% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,502 | €37,092 | +€15,590 | +72.5% |
| Other operating charges | 640/8 | €2,886 | €2,558 | -€328 | -11.4% |
| Gross operating margin | 9900 | €81,131 | €79,251 | -€1,880 | -2.3% |
| Operating profit (loss) | 9901 | €56,743 | €39,601 | -€17,142 | -30.2% |
| Financial income | 75/76B | €12,370 | €17,403 | +€5,032 | +40.7% |
| Recurring financial income | 75 | €3,117 | €17,403 | +€14,286 | +458% |
| Non-recurring financial income | 76B | €9,253 | - | -€9,253 | |
| Financial charges | 65/66B | €56 | €1,126 | +€1,070 | +1,926% |
| Recurring financial charges | 65 | €56 | €1,126 | +€1,070 | +1,926% |
| Profit (loss) for the period before taxes | 9903 | €69,058 | €55,878 | -€13,180 | -19.1% |
| Income taxes | 67/77 | €20,578 | €17,151 | -€3,427 | -16.7% |
| Profit (loss) for the period | 9904 | €48,480 | €38,727 | -€9,753 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,480 | €38,727 | -€9,753 | -20.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.