TRUST AND CHAIN: 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.
TRUST AND CHAIN
Largest movements
- Cash +€4,840
up €4,840 (+248%), from €1,954 to €6,794
mainly Trade debts (+€2,285) and Net result for the year (+€1,756)
- Trade debts +€2,285
new in 2025: €2,285
- Profit (loss) carried forward +€1,756
up €1,756 (+30.8%), from -€5,697 to -€3,941
- Tax, wage and social debts +€795
up €795 (+54.7%), from €1,454 to €2,250
- Gross operating margin +€1,588
up €1,588 (+52.8%), from €3,007 to €4,595
- Taxes +€330
up €330 (+17.1%), from €1,926 to €2,256
- Other operating charges -€49
down €49 (-8.6%), from €577 to €528
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 | €1,958 | €6,794 | +€4,836 | +247% |
| Current assets | 29/58 | €1,958 | €6,794 | +€4,836 | +247% |
| Amounts receivable within one year | 40/41 | €4 | - | -€4 | |
| Other amounts receivable | 41 | €4 | - | -€4 | |
| Cash at bank and in hand | 54/58 | €1,954 | €6,794 | +€4,840 | +248% |
| Total equity and liabilities | 10/49 | €1,958 | €6,794 | +€4,836 | +247% |
| Equity | 10/15 | €504 | €2,260 | +€1,756 | +349% |
| Contributions | 10/11 | €6,201 | €6,201 | = | 0.0% |
| Contributions outside capital | 11 | €6,201 | €6,201 | = | 0.0% |
| Other | 1109/19 | €6,201 | €6,201 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,697 | -€3,941 | +€1,756 | +30.8% |
| Amounts payable | 17/49 | €1,454 | €4,534 | +€3,080 | +212% |
| Amounts payable within one year | 42/48 | €1,454 | €4,534 | +€3,080 | +212% |
| Trade debts | 44 | - | €2,285 | +€2,285 | |
| Suppliers | 440/4 | - | €2,285 | +€2,285 | |
| Taxes, remuneration and social security | 45 | €1,454 | €2,250 | +€795 | +54.7% |
| Taxes | 450/3 | €1,454 | €2,250 | +€795 | +54.7% |
| Other operating charges | 640/8 | €577 | €528 | -€49 | -8.6% |
| Gross operating margin | 9900 | €3,007 | €4,595 | +€1,588 | +52.8% |
| Operating profit (loss) | 9901 | €2,430 | €4,067 | +€1,637 | +67.4% |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.5% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €2,376 | €4,012 | +€1,636 | +68.8% |
| Income taxes | 67/77 | €1,926 | €2,256 | +€330 | +17.1% |
| Profit (loss) for the period | 9904 | €451 | €1,756 | +€1,306 | +290% |
| Profit (loss) for the period to be appropriated | 9905 | €451 | €1,756 | +€1,306 | +290% |
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 30 October 2026 via checked.be.