TRUST @ WORK: 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 @ WORK
Largest movements
- Cash +€5,922
up €5,922 (+42.8%), from €13,852 to €19,774
mainly Net result for the year (+€5,340) and Investment in fixed assets (net) (+€2,464)
- Tangible fixed assets -€2,464
down €2,464 (-100%), from €2,464 to €0
- Receivables within one year -€955
down €955 (-95.3%), from €1,002 to €47
- Profit (loss) carried forward +€5,340
up €5,340 (+6.4%), from -€83,983 to -€78,643
- Trade debts -€2,875
down €2,875 (-87.9%), from €3,270 to €395
- Gross operating margin +€30,349
up €30,349, from -€24,339 to €6,010
- Other operating charges -€1,053
down €1,053 (-66.1%), from €1,593 to €540
- Depreciation -€769
down €769 (-100%), from €769 to €0
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 | €17,484 | €19,820 | +€2,337 | +13.4% |
| Fixed assets | 21/28 | €2,464 | €0 | -€2,464 | -100% |
| Tangible fixed assets | 22/27 | €2,464 | €0 | -€2,464 | -100% |
| Furniture and vehicles | 24 | €2,464 | €0 | -€2,464 | -100% |
| Current assets | 29/58 | €15,020 | €19,820 | +€4,801 | +32.0% |
| Amounts receivable within one year | 40/41 | €1,002 | €47 | -€955 | -95.3% |
| Other amounts receivable | 41 | €1,002 | €47 | -€955 | -95.3% |
| Cash at bank and in hand | 54/58 | €13,852 | €19,774 | +€5,922 | +42.8% |
| Deferred charges and accrued income | 490/1 | €166 | €0 | -€166 | -100% |
| Total equity and liabilities | 10/49 | €17,484 | €19,820 | +€2,337 | +13.4% |
| Equity | 10/15 | €2,363 | €7,703 | +€5,340 | +226% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €36,346 | €36,346 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €31,346 | €31,346 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,983 | -€78,643 | +€5,340 | +6.4% |
| Amounts payable | 17/49 | €15,121 | €12,117 | -€3,003 | -19.9% |
| Amounts payable within one year | 42/48 | €15,121 | €12,117 | -€3,003 | -19.9% |
| Trade debts | 44 | €3,270 | €395 | -€2,875 | -87.9% |
| Suppliers | 440/4 | €3,270 | €395 | -€2,875 | -87.9% |
| Taxes, remuneration and social security | 45 | €6 | €0 | -€6 | -100% |
| Taxes | 450/3 | €6 | €0 | -€6 | -100% |
| Other amounts payable | 47/48 | €11,845 | €11,723 | -€122 | -1.0% |
| Non-recurring operating income | 76A | €11 | €12,412 | +€12,401 | +117,216% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €769 | €0 | -€769 | -100% |
| Other operating charges | 640/8 | €1,593 | €540 | -€1,053 | -66.1% |
| Non-recurring operating charges | 66A | €26,818 | €0 | -€26,818 | -100% |
| Gross operating margin | 9900 | -€24,339 | €6,010 | +€30,349 | |
| Operating profit (loss) | 9901 | -€53,519 | €5,470 | +€58,988 | |
| Financial charges | 65/66B | €147 | €130 | -€18 | -12.0% |
| Recurring financial charges | 65 | €147 | €130 | -€18 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | -€53,666 | €5,340 | +€59,006 | |
| Income taxes | 67/77 | €6 | €0 | -€6 | -100% |
| Profit (loss) for the period | 9904 | -€53,672 | €5,340 | +€59,012 | |
| Transfer from tax-exempt reserves | 789 | €22 | €0 | -€22 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,650 | €5,340 | +€58,990 |
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 26 October 2026 via checked.be.