Trustee: what changed
Two fiscal 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.
Trustee
Largest movements
- Intangible fixed assets -€27,354
down €27,354 (-41.6%), from €65,681 to €38,327
- Profit (loss) carried forward -€33,828
down €33,828 (-20.6%), from -€163,835 to -€197,662
- Other debts +€4,747
up €4,747 (+2.2%), from €215,480 to €220,227
- Depreciation +€2,264
up €2,264 (+9.0%), from €25,090 to €27,354
- Gross operating margin +€2,006
up €2,006 (+23.8%), from -€8,440 to -€6,434
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.
Cash bridge derived
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 | €67,196 | €38,640 | -€28,556 | -42.5% |
| Fixed assets | 21/28 | €65,681 | €38,327 | -€27,354 | -41.6% |
| Intangible fixed assets | 21 | €65,681 | €38,327 | -€27,354 | -41.6% |
| Current assets | 29/58 | €1,515 | €313 | -€1,202 | -79.3% |
| Amounts receivable within one year | 40/41 | €611 | €52 | -€559 | -91.5% |
| Other amounts receivable | 41 | €611 | €52 | -€559 | -91.5% |
| Cash at bank and in hand | 54/58 | €904 | €261 | -€643 | -71.1% |
| Total equity and liabilities | 10/49 | €67,196 | €38,640 | -€28,556 | -42.5% |
| Equity | 10/15 | -€156,335 | -€190,162 | -€33,828 | -21.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,835 | -€197,662 | -€33,828 | -20.6% |
| Amounts payable | 17/49 | €223,531 | €228,802 | +€5,272 | +2.4% |
| Amounts payable within one year | 42/48 | €223,531 | €228,802 | +€5,272 | +2.4% |
| Trade debts | 44 | €8,051 | €8,576 | +€525 | +6.5% |
| Suppliers | 440/4 | €8,051 | €8,576 | +€525 | +6.5% |
| Other amounts payable | 47/48 | €215,480 | €220,227 | +€4,747 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,090 | €27,354 | +€2,264 | +9.0% |
| Gross operating margin | 9900 | -€8,440 | -€6,434 | +€2,006 | +23.8% |
| Operating profit (loss) | 9901 | -€33,530 | -€33,789 | -€258 | -0.8% |
| Financial income | 75/76B | €93 | €150 | +€58 | +62.1% |
| Recurring financial income | 75 | €93 | €150 | +€58 | +62.1% |
| Financial charges | 65/66B | €143 | €189 | +€46 | +32.5% |
| Recurring financial charges | 65 | €143 | €189 | +€46 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | -€33,580 | -€33,828 | -€247 | -0.7% |
| Profit (loss) for the period | 9904 | -€33,580 | -€33,828 | -€247 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,580 | -€33,828 | -€247 | -0.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.