TRUSTONUS: 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.
TRUSTONUS
Largest movements
- Cash -€26,852
down €26,852 (-21.2%), from €126,789 to €99,937
mainly Other debts (-€52,017) and Investment in fixed assets (net) (-€1,873)
- Tangible fixed assets -€12,187
down €12,187 (-1.7%), from €724,736 to €712,549
of which Land and buildings: -€9,977
- Other debts -€52,017
down €52,017 (-6.6%), from €793,254 to €741,237
- Gross operating margin +€10,385
up €10,385 (+76.7%), from €13,536 to €23,921
- Depreciation +€1,000
up €1,000 (+7.7%), from €13,060 to €14,060
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 | €897,620 | €854,871 | -€42,749 | -4.8% |
| Fixed assets | 21/28 | €724,736 | €712,549 | -€12,187 | -1.7% |
| Tangible fixed assets | 22/27 | €724,736 | €712,549 | -€12,187 | -1.7% |
| Land and buildings | 22 | €704,078 | €694,101 | -€9,977 | -1.4% |
| Plant, machinery and equipment | 23 | €20,658 | €18,448 | -€2,210 | -10.7% |
| Current assets | 29/58 | €172,884 | €142,322 | -€30,562 | -17.7% |
| Current investments | 50/53 | €44,903 | €40,838 | -€4,065 | -9.1% |
| Cash at bank and in hand | 54/58 | €126,789 | €99,937 | -€26,852 | -21.2% |
| Deferred charges and accrued income | 490/1 | €1,192 | €1,547 | +€355 | +29.8% |
| Total equity and liabilities | 10/49 | €897,620 | €854,871 | -€42,749 | -4.8% |
| Equity | 10/15 | €100,409 | €106,583 | +€6,174 | +6.1% |
| Contributions | 10/11 | €335,000 | €335,000 | = | 0.0% |
| Revaluation surpluses | 12 | €191,327 | €191,327 | = | 0.0% |
| Reserves | 13 | €37,127 | €37,127 | = | 0.0% |
| Distributable reserves | 133 | €37,127 | €37,127 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€463,045 | -€456,871 | +€6,174 | +1.3% |
| Amounts payable | 17/49 | €797,211 | €748,288 | -€48,923 | -6.1% |
| Amounts payable within one year | 42/48 | €797,211 | €748,288 | -€48,923 | -6.1% |
| Trade debts | 44 | €3,354 | €6,706 | +€3,352 | +99.9% |
| Suppliers | 440/4 | €3,354 | €6,706 | +€3,352 | +99.9% |
| Taxes, remuneration and social security | 45 | €603 | €345 | -€258 | -42.8% |
| Taxes | 450/3 | €603 | €345 | -€258 | -42.8% |
| Other amounts payable | 47/48 | €793,254 | €741,237 | -€52,017 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,060 | €14,060 | +€1,000 | +7.7% |
| Other operating charges | 640/8 | €3,407 | €3,559 | +€152 | +4.5% |
| Gross operating margin | 9900 | €13,536 | €23,921 | +€10,385 | +76.7% |
| Operating profit (loss) | 9901 | -€2,931 | €6,302 | +€9,233 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €183 | €128 | -€55 | -30.1% |
| Recurring financial charges | 65 | €183 | €128 | -€55 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,113 | €6,174 | +€9,287 | |
| Profit (loss) for the period | 9904 | -€3,113 | €6,174 | +€9,287 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,113 | €6,174 | +€9,287 |
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 1 October 2026 via checked.be.