TRUYEN ISABEL: 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.
TRUYEN ISABEL
Largest movements
- Cash +€36,406
up €36,406 (+237%), from €15,357 to €51,762
mainly Net result for the year (+€39,127) and Depreciation (+€3,603)
- Intangible fixed assets +€5,495
up €5,495 (+57.6%), from €9,540 to €15,035
- Receivables within one year +€2,690
up €2,690 (+42.3%), from €6,364 to €9,053
of which Other amounts receivable: +€1,866
- Formation expenses -€1,039
down €1,039 (-100%), from €1,039 to €0
- Reserves +€39,127
up €39,127 (+244%), from €16,003 to €55,129
- Debts after one year +€2,500
up €2,500 (+25.0%), from €10,000 to €12,500
- Other debts +€1,085
up €1,085 (+824%), from €132 to €1,216
- Gross operating margin +€31,112
up €31,112 (+141%), from €22,051 to €53,163
- Taxes +€5,978
up €5,978 (+144%), from €4,156 to €10,134
- Depreciation +€1,923
up €1,923 (+114%), from €1,680 to €3,603
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 | €33,795 | €76,787 | +€42,992 | +127% |
| Formation expenses | 20 | €1,039 | €0 | -€1,039 | -100% |
| Fixed assets | 21/28 | €11,036 | €15,972 | +€4,936 | +44.7% |
| Intangible fixed assets | 21 | €9,540 | €15,035 | +€5,495 | +57.6% |
| Tangible fixed assets | 22/27 | €1,496 | €937 | -€559 | -37.4% |
| Furniture and vehicles | 24 | €1,496 | €937 | -€559 | -37.4% |
| Current assets | 29/58 | €21,720 | €60,815 | +€39,095 | +180% |
| Amounts receivable within one year | 40/41 | €6,364 | €9,053 | +€2,690 | +42.3% |
| Trade receivables | 40 | €6,364 | €7,187 | +€824 | +12.9% |
| Other amounts receivable | 41 | - | €1,866 | +€1,866 | |
| Cash at bank and in hand | 54/58 | €15,357 | €51,762 | +€36,406 | +237% |
| Total equity and liabilities | 10/49 | €33,795 | €76,787 | +€42,992 | +127% |
| Equity | 10/15 | €19,003 | €58,129 | +€39,127 | +206% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,003 | €55,129 | +€39,127 | +244% |
| Distributable reserves | 133 | €16,003 | €55,129 | +€39,127 | +244% |
| Amounts payable | 17/49 | €14,792 | €18,658 | +€3,866 | +26.1% |
| Amounts payable after more than one year | 17 | €10,000 | €12,500 | +€2,500 | +25.0% |
| Other amounts payable | 178/9 | €10,000 | €12,500 | +€2,500 | +25.0% |
| Amounts payable within one year | 42/48 | €4,792 | €6,158 | +€1,366 | +28.5% |
| Trade debts | 44 | €505 | €786 | +€281 | +55.7% |
| Suppliers | 440/4 | €505 | €786 | +€281 | +55.7% |
| Taxes, remuneration and social security | 45 | €4,156 | €4,156 | = | 0.0% |
| Taxes | 450/3 | €4,156 | €4,156 | = | 0.0% |
| Other amounts payable | 47/48 | €132 | €1,216 | +€1,085 | +824% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,680 | €3,603 | +€1,923 | +114% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €22,051 | €53,163 | +€31,112 | +141% |
| Operating profit (loss) | 9901 | €20,309 | €49,498 | +€29,189 | +144% |
| Financial charges | 65/66B | €150 | €238 | +€88 | +58.4% |
| Recurring financial charges | 65 | €150 | €238 | +€88 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | €20,159 | €49,260 | +€29,102 | +144% |
| Income taxes | 67/77 | €4,156 | €10,134 | +€5,978 | +144% |
| Profit (loss) for the period | 9904 | €16,003 | €39,127 | +€23,124 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €16,003 | €39,127 | +€23,124 | +144% |
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 24 October 2026 via checked.be.