TRUSTFUL CONSULTING: 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.
TRUSTFUL CONSULTING
Largest movements
- Cash +€29,445
up €29,445 (+57.3%), from €51,371 to €80,816
mainly Other debts (+€280,585) and Net result for the year (+€142,501)
- Tangible fixed assets -€12,592
down €12,592 (-1.4%), from €878,651 to €866,058
of which Furniture and vehicles: -€13,908
- Other debts +€280,585
up €280,585 (+699%), from €40,168 to €320,753
- Profit (loss) carried forward -€191,834
no longer reported in 2025 (was €191,834)
- Debts after one year -€63,790
down €63,790 (-10.1%), from €628,786 to €564,996
- Tax, wage and social debts -€20,055
down €20,055 (-91.3%), from €21,963 to €1,909
of which Taxes: -€16,726
- Gross operating margin +€133,577
up €133,577 (+95.2%), from €140,270 to €273,847
- Taxes +€29,572
up €29,572 (+179%), from €16,532 to €46,105
- Financial charges +€9,250
up €9,250 (+51.6%), from €17,933 to €27,183
- Other operating charges +€8,323
up €8,323 (+444%), from €1,874 to €10,196
- Staff costs -€3,230
down €3,230 (-29.2%), from €11,066 to €7,835
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 | €973,903 | €984,538 | +€10,635 | +1.1% |
| Fixed assets | 21/28 | €878,903 | €866,310 | -€12,592 | -1.4% |
| Tangible fixed assets | 22/27 | €878,651 | €866,058 | -€12,592 | -1.4% |
| Land and buildings | 22 | €821,190 | €822,815 | +€1,624 | +0.2% |
| Plant, machinery and equipment | 23 | €6,322 | €3,993 | -€2,329 | -36.8% |
| Furniture and vehicles | 24 | €50,029 | €36,121 | -€13,908 | -27.8% |
| Other tangible fixed assets | 26 | €1,109 | €3,130 | +€2,021 | +182% |
| Financial fixed assets | 28 | €252 | €252 | = | 0.0% |
| Current assets | 29/58 | €95,000 | €118,227 | +€23,227 | +24.4% |
| Amounts receivable within one year | 40/41 | €41,952 | €35,076 | -€6,876 | -16.4% |
| Trade receivables | 40 | €33,361 | €27,754 | -€5,607 | -16.8% |
| Other amounts receivable | 41 | €8,590 | €7,322 | -€1,269 | -14.8% |
| Cash at bank and in hand | 54/58 | €51,371 | €80,816 | +€29,445 | +57.3% |
| Deferred charges and accrued income | 490/1 | €1,677 | €2,335 | +€658 | +39.2% |
| Total equity and liabilities | 10/49 | €973,903 | €984,538 | +€10,635 | +1.1% |
| Equity | 10/15 | €212,294 | €24,795 | -€187,499 | -88.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €6,195 | +€4,335 | +233% |
| Distributable reserves | 133 | €1,860 | €6,195 | +€4,335 | +233% |
| Profit (loss) carried forward | 14 | €191,834 | - | -€191,834 | |
| Amounts payable | 17/49 | €761,609 | €959,743 | +€198,134 | +26.0% |
| Amounts payable after more than one year | 17 | €628,786 | €564,996 | -€63,790 | -10.1% |
| Financial debts | 170/4 | €628,786 | €564,996 | -€63,790 | -10.1% |
| Amounts payable within one year | 42/48 | €132,824 | €394,747 | +€261,924 | +197% |
| Current portion of amounts payable after more than one year | 42 | €68,626 | €68,996 | +€371 | +0.5% |
| Trade debts | 44 | €2,067 | €3,089 | +€1,022 | +49.5% |
| Suppliers | 440/4 | €2,067 | €3,089 | +€1,022 | +49.5% |
| Taxes, remuneration and social security | 45 | €21,963 | €1,909 | -€20,055 | -91.3% |
| Taxes | 450/3 | €18,261 | €1,535 | -€16,726 | -91.6% |
| Remuneration and social security | 454/9 | €3,702 | €374 | -€3,328 | -89.9% |
| Other amounts payable | 47/48 | €40,168 | €320,753 | +€280,585 | +699% |
| Remuneration, social security and pensions | 62 | €11,066 | €7,835 | -€3,230 | -29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,318 | €40,089 | +€772 | +2.0% |
| Other operating charges | 640/8 | €1,874 | €10,196 | +€8,323 | +444% |
| Gross operating margin | 9900 | €140,270 | €273,847 | +€133,577 | +95.2% |
| Operating profit (loss) | 9901 | €88,013 | €215,726 | +€127,713 | +145% |
| Financial income | 75/76B | €96 | €63 | -€33 | -34.6% |
| Recurring financial income | 75 | €96 | €63 | -€33 | -34.6% |
| Financial charges | 65/66B | €17,933 | €27,183 | +€9,250 | +51.6% |
| Recurring financial charges | 65 | €17,933 | €27,183 | +€9,250 | +51.6% |
| Profit (loss) for the period before taxes | 9903 | €70,176 | €188,605 | +€118,429 | +169% |
| Income taxes | 67/77 | €16,532 | €46,105 | +€29,572 | +179% |
| Profit (loss) for the period | 9904 | €53,644 | €142,501 | +€88,857 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €53,644 | €142,501 | +€88,857 | +166% |
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.