TRUMAB: 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.
TRUMAB
Largest movements
- Receivables within one year -€71,133
down €71,133 (-35.3%), from €201,643 to €130,510
of which Trade receivables: -€84,451
- Cash +€41,285
up €41,285 (+2,622%), from €1,575 to €42,860
mainly Receivables within one year (+€71,133) and Trade debts (+€19,680)
- Other debts -€37,054
down €37,054 (-73.3%), from €50,544 to €13,490
- Tax, wage and social debts -€21,258
down €21,258 (-22.5%), from €94,414 to €73,156
of which Remuneration and social security: -€17,100
- Trade debts +€19,680
up €19,680 (+352%), from €5,591 to €25,271
- Reserves +€7,500
up €7,500 (+19.0%), from €39,379 to €46,879
- Gross operating margin -€513
down €513 (-3.8%), from €13,344 to €12,831
- Depreciation -€380
down €380 (-23.9%), from €1,585 to €1,206
- Other operating charges +€239
up €239 (+35.6%), from €671 to €909
- Taxes -€181
down €181 (-5.7%), from €3,191 to €3,010
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 | €205,451 | €174,397 | -€31,054 | -15.1% |
| Fixed assets | 21/28 | €2,233 | €1,028 | -€1,206 | -54.0% |
| Tangible fixed assets | 22/27 | €2,233 | €1,028 | -€1,206 | -54.0% |
| Plant, machinery and equipment | 23 | €39 | €0 | -€39 | -100% |
| Furniture and vehicles | 24 | €2,194 | €1,028 | -€1,167 | -53.2% |
| Current assets | 29/58 | €203,218 | €173,370 | -€29,848 | -14.7% |
| Amounts receivable within one year | 40/41 | €201,643 | €130,510 | -€71,133 | -35.3% |
| Trade receivables | 40 | €197,185 | €112,734 | -€84,451 | -42.8% |
| Other amounts receivable | 41 | €4,458 | €17,776 | +€13,318 | +299% |
| Cash at bank and in hand | 54/58 | €1,575 | €42,860 | +€41,285 | +2,622% |
| Total equity and liabilities | 10/49 | €205,451 | €174,397 | -€31,054 | -15.1% |
| Equity | 10/15 | €54,902 | €62,480 | +€7,578 | +13.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,379 | €46,879 | +€7,500 | +19.0% |
| Distributable reserves | 133 | €39,379 | €46,879 | +€7,500 | +19.0% |
| Profit (loss) carried forward | 14 | €9,323 | €9,401 | +€78 | +0.8% |
| Amounts payable | 17/49 | €150,549 | €111,917 | -€38,632 | -25.7% |
| Amounts payable within one year | 42/48 | €150,549 | €111,917 | -€38,632 | -25.7% |
| Trade debts | 44 | €5,591 | €25,271 | +€19,680 | +352% |
| Suppliers | 440/4 | €5,591 | €25,271 | +€19,680 | +352% |
| Taxes, remuneration and social security | 45 | €94,414 | €73,156 | -€21,258 | -22.5% |
| Taxes | 450/3 | €8,274 | €4,116 | -€4,158 | -50.3% |
| Remuneration and social security | 454/9 | €86,140 | €69,040 | -€17,100 | -19.9% |
| Other amounts payable | 47/48 | €50,544 | €13,490 | -€37,054 | -73.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,585 | €1,206 | -€380 | -23.9% |
| Other operating charges | 640/8 | €671 | €909 | +€239 | +35.6% |
| Gross operating margin | 9900 | €13,344 | €12,831 | -€513 | -3.8% |
| Operating profit (loss) | 9901 | €11,088 | €10,716 | -€372 | -3.4% |
| Financial charges | 65/66B | €119 | €128 | +€9 | +7.8% |
| Recurring financial charges | 65 | €119 | €128 | +€9 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €10,969 | €10,588 | -€381 | -3.5% |
| Income taxes | 67/77 | €3,191 | €3,010 | -€181 | -5.7% |
| Profit (loss) for the period | 9904 | €7,778 | €7,578 | -€200 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,778 | €7,578 | -€200 | -2.6% |
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 13 October 2026 via checked.be.