TRUNCUS I PRIVAK: 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.
TRUNCUS I PRIVAK
Largest movements
- Financial fixed assets +€3.8m
up €3.8m (+35.9%), from €10.4m to €14.2m
- Receivables within one year +€1.4m
up €1.4m (+706%), from €204,500 to €1.6m
- Cash +€388,959
up €388,959 (+269%), from €144,533 to €533,492
mainly Contributions, distributions and other (+€3.8m) and Other debts (+€1.8m)
- Contributions +€3.8m
up €3.8m (+36.0%), from €10.5m to €14.3m
- Other debts +€1.8m
up €1.8m (+573%), from €315,000 to €2.1m
- Financial income -€652,769
down €652,769 (-100%), from €652,769 to €0
of which Financial income: -€652,769
- Gross operating margin +€718
up €718 (+8.8%), from -€8,173 to -€7,455
- Other operating charges +€183
up €183 (+16.6%), from €1,108 to €1,292
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 | €10,797,325 | €16,380,409 | +€5.6m | +51.7% |
| Fixed assets | 21/28 | €10,448,292 | €14,198,292 | +€3.8m | +35.9% |
| Financial fixed assets | 28 | €10,448,292 | €14,198,292 | +€3.8m | +35.9% |
| Current assets | 29/58 | €349,033 | €2,182,117 | +€1.8m | +525% |
| Amounts receivable within one year | 40/41 | €204,500 | €1,648,625 | +€1.4m | +706% |
| Other amounts receivable | 41 | €204,500 | €1,648,625 | +€1.4m | +706% |
| Cash at bank and in hand | 54/58 | €144,533 | €533,492 | +€388,959 | +269% |
| Total equity and liabilities | 10/49 | €10,797,325 | €16,380,409 | +€5.6m | +51.7% |
| Equity | 10/15 | €10,473,801 | €14,252,358 | +€3.8m | +36.1% |
| Contributions | 10/11 | €10,513,917 | €14,301,417 | +€3.8m | +36.0% |
| Profit (loss) carried forward | 14 | -€40,117 | -€49,059 | -€8,943 | -22.3% |
| Amounts payable | 17/49 | €323,524 | €2,128,051 | +€1.8m | +558% |
| Amounts payable within one year | 42/48 | €315,473 | €2,120,000 | +€1.8m | +572% |
| Trade debts | 44 | €473 | €0 | -€473 | -100% |
| Suppliers | 440/4 | €473 | €0 | -€473 | -100% |
| Other amounts payable | 47/48 | €315,000 | €2,120,000 | +€1.8m | +573% |
| Accrued charges and deferred income | 492/3 | €8,051 | €8,051 | = | 0.0% |
| Other operating charges | 640/8 | €1,108 | €1,292 | +€183 | +16.6% |
| Gross operating margin | 9900 | -€8,173 | -€7,455 | +€718 | +8.8% |
| Operating profit (loss) | 9901 | -€9,281 | -€8,746 | +€534 | +5.8% |
| Financial income | 75/76B | €652,769 | €0 | -€652,769 | -100% |
| Recurring financial income | 75 | €652,769 | €0 | -€652,769 | -100% |
| Non-recurring financial income | 76B | €652,769 | €0 | -€652,769 | -100% |
| Financial charges | 65/66B | €278 | €196 | -€82 | -29.4% |
| Recurring financial charges | 65 | €278 | €196 | -€82 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €643,210 | -€8,943 | -€652,153 | |
| Profit (loss) for the period | 9904 | €643,210 | -€8,943 | -€652,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €643,210 | -€8,943 | -€652,153 |
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 22 October 2026 via checked.be.