Truyman: 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.
Truyman
Largest movements
- Cash -€1.1m
down €1.1m (-87.1%), from €1.2m to €159,198
mainly Current investments (-€776,329) and Tax, wage and social debts (-€235,335)
- Current investments +€776,329
new in 2025: €776,329
- Receivables within one year +€25,498
up €25,498 (+15.7%), from €162,516 to €188,014
of which Trade receivables: +€14,354
- Tax, wage and social debts -€235,335
down €235,335 (-100.0%), from €235,381 to €46
- Reserves -€39,934
down €39,934 (-3.6%), from €1.1m to €1.1m
- Gross operating margin -€87,960
down €87,960 (-81.1%), from €108,474 to €20,513
- Financial income -€26,629
down €26,629 (-55.7%), from €47,794 to €21,165
- Taxes -€19,773
down €19,773 (-91.0%), from €21,740 to €1,966
- Staff costs +€14,930
up €14,930 (+61.5%), from €24,275 to €39,206
- Other operating charges -€10,268
down €10,268 (-75.6%), from €13,589 to €3,320
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 | €1,563,831 | €1,288,211 | -€275,620 | -17.6% |
| Fixed assets | 21/28 | €66,392 | €51,708 | -€14,684 | -22.1% |
| Tangible fixed assets | 22/27 | €66,392 | €51,708 | -€14,684 | -22.1% |
| Land and buildings | 22 | €5,000 | €5,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €61,392 | €46,708 | -€14,684 | -23.9% |
| Current assets | 29/58 | €1,497,439 | €1,236,503 | -€260,936 | -17.4% |
| Amounts receivable after more than one year | 29 | €95,180 | €105,940 | +€10,760 | +11.3% |
| Other amounts receivable | 291 | €95,180 | €105,940 | +€10,760 | +11.3% |
| Stocks and contracts in progress | 3 | €1,492 | €391 | -€1,101 | -73.8% |
| Stocks | 30/36 | €1,492 | €391 | -€1,101 | -73.8% |
| Amounts receivable within one year | 40/41 | €162,516 | €188,014 | +€25,498 | +15.7% |
| Trade receivables | 40 | €66,046 | €80,400 | +€14,354 | +21.7% |
| Other amounts receivable | 41 | €96,469 | €107,614 | +€11,145 | +11.6% |
| Current investments | 50/53 | - | €776,329 | +€776,329 | |
| Cash at bank and in hand | 54/58 | €1,229,681 | €159,198 | -€1.1m | -87.1% |
| Deferred charges and accrued income | 490/1 | €8,571 | €6,632 | -€1,940 | -22.6% |
| Total equity and liabilities | 10/49 | €1,563,831 | €1,288,211 | -€275,620 | -17.6% |
| Equity | 10/15 | €1,133,829 | €1,093,894 | -€39,934 | -3.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,115,237 | €1,075,302 | -€39,934 | -3.6% |
| Distributable reserves | 133 | €1,115,237 | €1,075,302 | -€39,934 | -3.6% |
| Amounts payable | 17/49 | €430,002 | €194,317 | -€235,685 | -54.8% |
| Amounts payable after more than one year | 17 | €166,000 | €166,000 | = | 0.0% |
| Other amounts payable | 178/9 | €166,000 | €166,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €240,172 | €16,564 | -€223,608 | -93.1% |
| Trade debts | 44 | €1,069 | €424 | -€646 | -60.4% |
| Suppliers | 440/4 | €1,069 | €424 | -€646 | -60.4% |
| Taxes, remuneration and social security | 45 | €235,381 | €46 | -€235,335 | -100.0% |
| Taxes | 450/3 | €235,381 | €46 | -€235,335 | -100.0% |
| Other amounts payable | 47/48 | €3,722 | €16,094 | +€12,373 | +332% |
| Accrued charges and deferred income | 492/3 | €23,830 | €11,753 | -€12,077 | -50.7% |
| Remuneration, social security and pensions | 62 | €24,275 | €39,206 | +€14,930 | +61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,684 | €14,684 | -€0 | 0.0% |
| Other operating charges | 640/8 | €13,589 | €3,320 | -€10,268 | -75.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €108,474 | €20,513 | -€87,960 | -81.1% |
| Operating profit (loss) | 9901 | €55,926 | -€36,697 | -€92,622 | |
| Financial income | 75/76B | €47,794 | €21,165 | -€26,629 | -55.7% |
| Recurring financial income | 75 | €47,794 | €21,165 | -€26,629 | -55.7% |
| Financial charges | 65/66B | €13,392 | €22,436 | +€9,044 | +67.5% |
| Recurring financial charges | 65 | €13,392 | €22,436 | +€9,044 | +67.5% |
| Profit (loss) for the period before taxes | 9903 | €90,328 | -€37,968 | -€128,296 | |
| Income taxes | 67/77 | €21,740 | €1,966 | -€19,773 | -91.0% |
| Profit (loss) for the period | 9904 | €68,588 | -€39,934 | -€108,523 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,588 | -€39,934 | -€108,523 |
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 1 November 2026 via checked.be.