TrustSphere 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.
TrustSphere Consulting
Largest movements
- Receivables within one year -€16,429
down €16,429 (-47.9%), from €34,331 to €17,902
of which Trade receivables: -€17,631
- Profit (loss) carried forward -€30,010
down €30,010 (-36.0%), from €83,386 to €53,375
- Tax, wage and social debts +€10,838
up €10,838 (+93.4%), from €11,603 to €22,441
of which Taxes: +€9,447
- Trade debts +€2,862
up €2,862 (+522%), from €548 to €3,410
- Taxes +€22,943
new in 2025: €22,943
- Staff costs -€11,239
down €11,239 (-46.4%), from €24,214 to €12,975
- Gross operating margin -€8,610
down €8,610 (-7.9%), from €109,258 to €100,649
- Depreciation -€1,298
no longer reported in 2025 (was €1,298)
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 | €97,583 | €81,273 | -€16,310 | -16.7% |
| Current assets | 29/58 | €97,583 | €81,273 | -€16,310 | -16.7% |
| Amounts receivable within one year | 40/41 | €34,331 | €17,902 | -€16,429 | -47.9% |
| Trade receivables | 40 | €29,827 | €12,196 | -€17,631 | -59.1% |
| Other amounts receivable | 41 | €4,504 | €5,706 | +€1,202 | +26.7% |
| Cash at bank and in hand | 54/58 | €63,252 | €63,371 | +€118 | +0.2% |
| Total equity and liabilities | 10/49 | €97,583 | €81,273 | -€16,310 | -16.7% |
| Equity | 10/15 | €85,386 | €55,375 | -€30,010 | -35.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,386 | €53,375 | -€30,010 | -36.0% |
| Amounts payable | 17/49 | €12,197 | €25,897 | +€13,700 | +112% |
| Amounts payable within one year | 42/48 | €12,197 | €25,897 | +€13,700 | +112% |
| Trade debts | 44 | €548 | €3,410 | +€2,862 | +522% |
| Suppliers | 440/4 | €548 | €3,410 | +€2,862 | +522% |
| Taxes, remuneration and social security | 45 | €11,603 | €22,441 | +€10,838 | +93.4% |
| Taxes | 450/3 | €11,264 | €20,712 | +€9,447 | +83.9% |
| Remuneration and social security | 454/9 | €338 | €1,729 | +€1,391 | +411% |
| Other amounts payable | 47/48 | €46 | €46 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €24,214 | €12,975 | -€11,239 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,298 | - | -€1,298 | |
| Other operating charges | 640/8 | €159 | €164 | +€5 | +3.3% |
| Gross operating margin | 9900 | €109,258 | €100,649 | -€8,610 | -7.9% |
| Operating profit (loss) | 9901 | €83,588 | €87,510 | +€3,922 | +4.7% |
| Financial charges | 65/66B | €202 | €177 | -€25 | -12.5% |
| Recurring financial charges | 65 | €202 | €177 | -€25 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €83,386 | €87,333 | +€3,947 | +4.7% |
| Income taxes | 67/77 | - | €22,943 | +€22,943 | |
| Profit (loss) for the period | 9904 | €83,386 | €64,390 | -€18,996 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,386 | €64,390 | -€18,996 | -22.8% |
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 19 October 2026 via checked.be.