Trustius: 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.
Trustius
Largest movements
- Current investments +€150,000
up €150,000 (+60.0%), from €250,000 to €400,000
- Cash -€92,610
down €92,610 (-60.5%), from €153,002 to €60,392
mainly Contributions, distributions and other (-€484,470) and Current investments (-€150,000)
- Other debts +€422,528
up €422,528 (+1852.6%), from €22,807 to €445,336
- Profit (loss) carried forward -€337,924
down €337,924 (-100.0%), from €337,924 to €0
- Tax, wage and social debts -€27,068
down €27,068 (-55.1%), from €49,153 to €22,085
- Gross operating margin +€29,390
up €29,390 (+18.8%), from €156,245 to €185,636
- Taxes +€8,517
up €8,517 (+24.2%), from €35,147 to €43,664
- Financial income +€6,977
up €6,977 (+472.1%), from €1,478 to €8,455
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 | €414,568 | €471,253 | +€56,685 | +13.7% |
| Fixed assets | 21/28 | €5,114 | €5,146 | +€32 | +0.6% |
| Tangible fixed assets | 22/27 | €5,114 | €5,146 | +€32 | +0.6% |
| Land and buildings | 22 | €1,462 | €1,288 | -€174 | -11.9% |
| Plant, machinery and equipment | 23 | - | €1,330 | +€1,330 | |
| Furniture and vehicles | 24 | €3,652 | €2,529 | -€1,123 | -30.7% |
| Current assets | 29/58 | €409,454 | €466,107 | +€56,652 | +13.8% |
| Amounts receivable within one year | 40/41 | €1,360 | €0 | -€1,360 | -100.0% |
| Trade receivables | 40 | €1,360 | €0 | -€1,360 | -100.0% |
| Current investments | 50/53 | €250,000 | €400,000 | +€150,000 | +60.0% |
| Cash at bank and in hand | 54/58 | €153,002 | €60,392 | -€92,610 | -60.5% |
| Deferred charges and accrued income | 490/1 | €5,091 | €5,714 | +€623 | +12.2% |
| Total equity and liabilities | 10/49 | €414,568 | €471,253 | +€56,685 | +13.7% |
| Equity | 10/15 | €338,924 | €1,000 | -€337,924 | -99.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €337,924 | €0 | -€337,924 | -100.0% |
| Amounts payable | 17/49 | €75,644 | €470,253 | +€394,609 | +521.7% |
| Amounts payable within one year | 42/48 | €75,644 | €470,253 | +€394,609 | +521.7% |
| Trade debts | 44 | €3,684 | €2,832 | -€852 | -23.1% |
| Suppliers | 440/4 | €3,684 | €2,832 | -€852 | -23.1% |
| Taxes, remuneration and social security | 45 | €49,153 | €22,085 | -€27,068 | -55.1% |
| Taxes | 450/3 | €49,153 | €22,085 | -€27,068 | -55.1% |
| Other amounts payable | 47/48 | €22,807 | €445,336 | +€422,528 | +1852.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,297 | €1,424 | +€127 | +9.8% |
| Other operating charges | 640/8 | €0 | €63 | +€63 | |
| Gross operating margin | 9900 | €156,245 | €185,636 | +€29,390 | +18.8% |
| Operating profit (loss) | 9901 | €154,948 | €184,148 | +€29,200 | +18.8% |
| Financial income | 75/76B | €1,478 | €8,455 | +€6,977 | +472.1% |
| Recurring financial income | 75 | €1,478 | €8,455 | +€6,977 | +472.1% |
| Financial charges | 65/66B | €1,294 | €2,394 | +€1,100 | +85.1% |
| Recurring financial charges | 65 | €1,294 | €2,394 | +€1,100 | +85.1% |
| Profit (loss) for the period before taxes | 9903 | €155,132 | €190,209 | +€35,077 | +22.6% |
| Income taxes | 67/77 | €35,147 | €43,664 | +€8,517 | +24.2% |
| Profit (loss) for the period | 9904 | €119,985 | €146,545 | +€26,560 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €119,985 | €146,545 | +€26,560 | +22.1% |
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 9 October 2026 via checked.be.