Trust Contract Services BE: 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 Contract Services BE
Largest movements
- Tangible fixed assets -€45,676
down €45,676 (-27.1%), from €168,307 to €122,631
- Cash -€16,592
down €16,592 (-47.6%), from €34,828 to €18,236
mainly Net result for the year (-€36,709) and Trade debts (-€11,697)
- Receivables within one year +€4,526
up €4,526 (+22.7%), from €19,936 to €24,462
of which Trade receivables: +€8,848
- Profit (loss) carried forward -€36,709
down €36,709 (-122%), from -€30,204 to -€66,913
- Trade debts -€11,697
down €11,697 (-5.6%), from €209,909 to €198,212
- Tax, wage and social debts -€11,245
down €11,245 (-40.5%), from €27,796 to €16,551
of which Remuneration and social security: -€11,505
- Staff costs -€100,918
down €100,918 (-37.5%), from €269,294 to €168,376
- Gross operating margin -€71,365
down €71,365 (-26.5%), from €269,238 to €197,873
- Other operating charges -€23,800
down €23,800 (-94.5%), from €25,197 to €1,398
- Financial charges -€4,659
down €4,659 (-21.8%), from €21,400 to €16,741
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 | €226,101 | €166,450 | -€59,651 | -26.4% |
| Fixed assets | 21/28 | €168,490 | €122,814 | -€45,676 | -27.1% |
| Tangible fixed assets | 22/27 | €168,307 | €122,631 | -€45,676 | -27.1% |
| Furniture and vehicles | 24 | €168,307 | €122,631 | -€45,676 | -27.1% |
| Financial fixed assets | 28 | €183 | €183 | = | 0.0% |
| Current assets | 29/58 | €57,611 | €43,636 | -€13,975 | -24.3% |
| Amounts receivable within one year | 40/41 | €19,936 | €24,462 | +€4,526 | +22.7% |
| Trade receivables | 40 | €3,353 | €12,201 | +€8,848 | +264% |
| Other amounts receivable | 41 | €16,583 | €12,261 | -€4,322 | -26.1% |
| Cash at bank and in hand | 54/58 | €34,828 | €18,236 | -€16,592 | -47.6% |
| Deferred charges and accrued income | 490/1 | €2,847 | €938 | -€1,909 | -67.1% |
| Total equity and liabilities | 10/49 | €226,101 | €166,450 | -€59,651 | -26.4% |
| Equity | 10/15 | -€11,604 | -€48,313 | -€36,709 | -316% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€30,204 | -€66,913 | -€36,709 | -122% |
| Amounts payable | 17/49 | €237,705 | €214,763 | -€22,942 | -9.7% |
| Amounts payable within one year | 42/48 | €237,705 | €214,763 | -€22,942 | -9.7% |
| Trade debts | 44 | €209,909 | €198,212 | -€11,697 | -5.6% |
| Suppliers | 440/4 | €209,909 | €198,212 | -€11,697 | -5.6% |
| Taxes, remuneration and social security | 45 | €27,796 | €16,551 | -€11,245 | -40.5% |
| Taxes | 450/3 | €0 | €259 | +€259 | |
| Remuneration and social security | 454/9 | €27,796 | €16,292 | -€11,505 | -41.4% |
| Non-recurring operating income | 76A | €10,020 | €0 | -€10,020 | -100% |
| Remuneration, social security and pensions | 62 | €269,294 | €168,376 | -€100,918 | -37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,676 | €45,676 | -€0 | 0.0% |
| Other operating charges | 640/8 | €25,197 | €1,398 | -€23,800 | -94.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €269,238 | €197,873 | -€71,365 | -26.5% |
| Operating profit (loss) | 9901 | -€70,929 | -€17,576 | +€53,353 | +75.2% |
| Financial income | 75/76B | - | €155 | +€155 | |
| Recurring financial income | 75 | - | €155 | +€155 | |
| Financial charges | 65/66B | €21,400 | €16,741 | -€4,659 | -21.8% |
| Recurring financial charges | 65 | €21,400 | €16,741 | -€4,659 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | -€92,328 | -€34,162 | +€58,166 | +63.0% |
| Income taxes | 67/77 | €259 | €2,547 | +€2,289 | +885% |
| Profit (loss) for the period | 9904 | -€92,587 | -€36,709 | +€55,878 | +60.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,587 | -€36,709 | +€55,878 | +60.4% |
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 20 October 2026 via checked.be.