VAN TROOS BEHEER: 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.
VAN TROOS BEHEER
Largest movements
- Receivables within one year -€536,233
down €536,233 (-59.4%), from €902,751 to €366,518
of which Other amounts receivable: -€360,527
- Tangible fixed assets -€64,222
down €64,222 (-3.1%), from €2.1m to €2.0m
of which Land and buildings: -€63,967
- Reserves -€607,928
down €607,928 (-47.5%), from €1.3m to €672,249
- Other debts +€434,378
up €434,378 (+76.1%), from €570,700 to €1.0m
- Contributions -€260,000
down €260,000 (-22.4%), from €1.2m to €900,000
- Tax, wage and social debts -€151,132
down €151,132 (-58.8%), from €256,817 to €105,685
- Financial income -€548,969
down €548,969 (-94.9%), from €578,512 to €29,542
of which Non-recurring financial income: -€549,233
- Taxes -€69,983
down €69,983 (-75.4%), from €92,840 to €22,856
- Gross operating margin -€59,108
down €59,108 (-30.5%), from €193,906 to €134,798
- Financial charges +€19,975
up €19,975 (+742%), from €2,690 to €22,665
of which Financial charges: +€19,975
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 | €3,418,916 | €2,851,356 | -€567,560 | -16.6% |
| Fixed assets | 21/28 | €2,105,358 | €2,041,135 | -€64,222 | -3.1% |
| Tangible fixed assets | 22/27 | €2,091,058 | €2,026,835 | -€64,222 | -3.1% |
| Land and buildings | 22 | €2,090,802 | €2,026,835 | -€63,967 | -3.1% |
| Furniture and vehicles | 24 | €255 | €0 | -€255 | -100% |
| Financial fixed assets | 28 | €14,300 | €14,300 | = | 0.0% |
| Current assets | 29/58 | €1,313,558 | €810,221 | -€503,337 | -38.3% |
| Amounts receivable within one year | 40/41 | €902,751 | €366,518 | -€536,233 | -59.4% |
| Trade receivables | 40 | €201,924 | €26,218 | -€175,706 | -87.0% |
| Other amounts receivable | 41 | €700,827 | €340,300 | -€360,527 | -51.4% |
| Cash at bank and in hand | 54/58 | €400,131 | €406,901 | +€6,770 | +1.7% |
| Deferred charges and accrued income | 490/1 | €10,676 | €36,802 | +€26,126 | +245% |
| Total equity and liabilities | 10/49 | €3,418,916 | €2,851,356 | -€567,560 | -16.6% |
| Equity | 10/15 | €2,440,177 | €1,572,249 | -€867,928 | -35.6% |
| Contributions | 10/11 | €1,160,000 | €900,000 | -€260,000 | -22.4% |
| Reserves | 13 | €1,280,177 | €672,249 | -€607,928 | -47.5% |
| Distributable reserves | 133 | €1,280,177 | €672,249 | -€607,928 | -47.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €978,739 | €1,279,107 | +€300,369 | +30.7% |
| Amounts payable after more than one year | 17 | €101,638 | €86,762 | -€14,875 | -14.6% |
| Financial debts | 170/4 | €93,580 | €78,704 | -€14,875 | -15.9% |
| Other amounts payable | 178/9 | €8,058 | €8,058 | = | 0.0% |
| Amounts payable within one year | 42/48 | €842,198 | €1,135,472 | +€293,273 | +34.8% |
| Current portion of amounts payable after more than one year | 42 | €14,682 | €14,875 | +€194 | +1.3% |
| Trade debts | 44 | €0 | €9,834 | +€9,834 | |
| Suppliers | 440/4 | €0 | €9,834 | +€9,834 | |
| Taxes, remuneration and social security | 45 | €256,817 | €105,685 | -€151,132 | -58.8% |
| Taxes | 450/3 | €256,817 | €105,685 | -€151,132 | -58.8% |
| Other amounts payable | 47/48 | €570,700 | €1,005,078 | +€434,378 | +76.1% |
| Accrued charges and deferred income | 492/3 | €34,903 | €56,873 | +€21,970 | +62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,373 | €66,428 | +€55 | +0.1% |
| Other operating charges | 640/8 | €6,815 | €5,356 | -€1,459 | -21.4% |
| Gross operating margin | 9900 | €193,906 | €134,798 | -€59,108 | -30.5% |
| Operating profit (loss) | 9901 | €120,718 | €63,014 | -€57,704 | -47.8% |
| Financial income | 75/76B | €578,512 | €29,542 | -€548,969 | -94.9% |
| Recurring financial income | 75 | €29,278 | €29,542 | +€264 | +0.9% |
| Non-recurring financial income | 76B | €549,233 | €0 | -€549,233 | -100% |
| Financial charges | 65/66B | €2,690 | €22,665 | +€19,975 | +742% |
| Recurring financial charges | 65 | €2,690 | €22,665 | +€19,975 | +742% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €696,540 | €69,891 | -€626,648 | -90.0% |
| Income taxes | 67/77 | €92,840 | €22,856 | -€69,983 | -75.4% |
| Profit (loss) for the period | 9904 | €603,700 | €47,035 | -€556,665 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €603,700 | €47,035 | -€556,665 | -92.2% |
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.