TRUUS: 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.
TRUUS
Largest movements
- Cash -€17,615
down €17,615 (-40.0%), from €44,013 to €26,398
mainly Contributions, distributions and other (-€56,842) and Receivables within one year (-€3,914)
- Receivables within one year +€3,914
up €3,914 (+37.9%), from €10,321 to €14,235
of which Trade receivables: +€7,936
- Tangible fixed assets -€2,132
down €2,132 (-42.0%), from €5,081 to €2,949
- Deferred charges and accrued income +€1,263
up €1,263 (+156.0%), from €810 to €2,073
- Reserves -€37,000
down €37,000 (-100.0%), from €37,000 to €0
- Other debts +€16,914
up €16,914 (+569.0%), from €2,972 to €19,887
- Tax, wage and social debts +€5,581
up €5,581 (+90.1%), from €6,191 to €11,772
of which Remuneration and social security: +€2,956
- Debts after one year -€2,547
down €2,547 (-42.6%), from €5,978 to €3,431
- Trade debts +€1,965
up €1,965 (+176.5%), from €1,113 to €3,078
- Gross operating margin +€5,756
up €5,756 (+22.4%), from €25,661 to €31,416
- Depreciation -€4,555
down €4,555 (-68.1%), from €6,688 to €2,132
- Taxes +€4,097
up €4,097 (+93.2%), from €4,396 to €8,493
- Financial income +€358
new in 2025: €358
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 | €60,225 | €45,655 | -€14,570 | -24.2% |
| Fixed assets | 21/28 | €5,081 | €2,949 | -€2,132 | -42.0% |
| Tangible fixed assets | 22/27 | €5,081 | €2,949 | -€2,132 | -42.0% |
| Furniture and vehicles | 24 | €5,081 | €2,949 | -€2,132 | -42.0% |
| Current assets | 29/58 | €55,144 | €42,706 | -€12,438 | -22.6% |
| Amounts receivable within one year | 40/41 | €10,321 | €14,235 | +€3,914 | +37.9% |
| Trade receivables | 40 | €3,218 | €11,153 | +€7,936 | +246.6% |
| Other amounts receivable | 41 | €7,104 | €3,081 | -€4,022 | -56.6% |
| Cash at bank and in hand | 54/58 | €44,013 | €26,398 | -€17,615 | -40.0% |
| Deferred charges and accrued income | 490/1 | €810 | €2,073 | +€1,263 | +156.0% |
| Total equity and liabilities | 10/49 | €60,225 | €45,655 | -€14,570 | -24.2% |
| Equity | 10/15 | €41,160 | €4,205 | -€36,955 | -89.8% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €37,000 | €0 | -€37,000 | -100.0% |
| Distributable reserves | 133 | €37,000 | €0 | -€37,000 | -100.0% |
| Profit (loss) carried forward | 14 | €560 | €605 | +€45 | +8.0% |
| Amounts payable | 17/49 | €19,065 | €41,450 | +€22,385 | +117.4% |
| Amounts payable after more than one year | 17 | €5,978 | €3,431 | -€2,547 | -42.6% |
| Other amounts payable | 178/9 | €5,978 | €3,431 | -€2,547 | -42.6% |
| Amounts payable within one year | 42/48 | €12,802 | €37,919 | +€25,117 | +196.2% |
| Current portion of amounts payable after more than one year | 42 | €2,525 | €2,547 | +€22 | +0.9% |
| Trade debts | 44 | €1,113 | €3,078 | +€1,965 | +176.5% |
| Suppliers | 440/4 | €1,113 | €3,078 | +€1,965 | +176.5% |
| Advances received on contracts in progress | 46 | - | €635 | +€635 | |
| Taxes, remuneration and social security | 45 | €6,191 | €11,772 | +€5,581 | +90.1% |
| Taxes | 450/3 | €6,191 | €8,816 | +€2,624 | +42.4% |
| Remuneration and social security | 454/9 | - | €2,956 | +€2,956 | |
| Other amounts payable | 47/48 | €2,972 | €19,887 | +€16,914 | +569.0% |
| Accrued charges and deferred income | 492/3 | €285 | €100 | -€185 | -64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,688 | €2,132 | -€4,555 | -68.1% |
| Other operating charges | 640/8 | €1,094 | €1,127 | +€34 | +3.1% |
| Gross operating margin | 9900 | €25,661 | €31,416 | +€5,756 | +22.4% |
| Operating profit (loss) | 9901 | €17,880 | €28,157 | +€10,277 | +57.5% |
| Financial income | 75/76B | - | €358 | +€358 | |
| Recurring financial income | 75 | - | €358 | +€358 | |
| Financial charges | 65/66B | €440 | €135 | -€305 | -69.4% |
| Recurring financial charges | 65 | €440 | €135 | -€305 | -69.4% |
| Profit (loss) for the period before taxes | 9903 | €17,440 | €28,380 | +€10,940 | +62.7% |
| Income taxes | 67/77 | €4,396 | €8,493 | +€4,097 | +93.2% |
| Profit (loss) for the period | 9904 | €13,043 | €19,887 | +€6,844 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,043 | €19,887 | +€6,844 | +52.5% |
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 3 October 2026 via checked.be.