DE TROCH: what changed
DE TROCH
Largest movements
- Receivables within one year +€7,618
up €7,618 (+20.1%), from €37,873 to €45,491
of which Trade receivables: +€8,323
- Tangible fixed assets -€6,462
down €6,462 (-1.6%), from €394,573 to €388,111
of which Land and buildings: -€15,686
- Cash +€5,071
up €5,071 (+1,218%), from €416 to €5,487
mainly Net result for the year (+€23,153) and Depreciation (+€21,204)
- Profit (loss) carried forward +€19,153
up €19,153 (+60.1%), from €31,851 to €51,004
- Debts after one year -€16,172
down €16,172 (-20.7%), from €78,000 to €61,828
- Trade debts +€6,336
up €6,336 (+100%), from €6,330 to €12,665
- Gross operating margin +€48,209
up €48,209 (+437%), from €11,039 to €59,248
- Other operating charges +€8,310
up €8,310 (+825%), from €1,007 to €9,317
- Depreciation -€7,483
down €7,483 (-26.1%), from €28,687 to €21,204
- Taxes +€3,057
up €3,057 (+636%), from €480 to €3,537
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €432,862 | €439,090 | +€6,228 | +1.4% |
| Fixed assets | 21/28 | €394,573 | €388,111 | -€6,462 | -1.6% |
| Tangible fixed assets | 22/27 | €394,573 | €388,111 | -€6,462 | -1.6% |
| Land and buildings | 22 | €367,624 | €351,938 | -€15,686 | -4.3% |
| Plant, machinery and equipment | 23 | €8,919 | €7,481 | -€1,439 | -16.1% |
| Furniture and vehicles | 24 | €18,030 | €28,693 | +€10,663 | +59.1% |
| Current assets | 29/58 | €38,289 | €50,979 | +€12,689 | +33.1% |
| Amounts receivable within one year | 40/41 | €37,873 | €45,491 | +€7,618 | +20.1% |
| Trade receivables | 40 | €21,830 | €30,153 | +€8,323 | +38.1% |
| Other amounts receivable | 41 | €16,043 | €15,339 | -€704 | -4.4% |
| Cash at bank and in hand | 54/58 | €416 | €5,487 | +€5,071 | +1,218% |
| Total equity and liabilities | 10/49 | €432,862 | €439,090 | +€6,228 | +1.4% |
| Equity | 10/15 | €223,683 | €242,836 | +€19,153 | +8.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Revaluation surpluses | 12 | €114,832 | €114,832 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,851 | €51,004 | +€19,153 | +60.1% |
| Amounts payable | 17/49 | €209,179 | €196,254 | -€12,925 | -6.2% |
| Amounts payable after more than one year | 17 | €78,000 | €61,828 | -€16,172 | -20.7% |
| Financial debts | 170/4 | €78,000 | €61,828 | -€16,172 | -20.7% |
| Amounts payable within one year | 42/48 | €131,179 | €134,426 | +€3,247 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €17,736 | €16,172 | -€1,564 | -8.8% |
| Trade debts | 44 | €6,330 | €12,665 | +€6,336 | +100% |
| Suppliers | 440/4 | €6,330 | €12,665 | +€6,336 | +100% |
| Taxes, remuneration and social security | 45 | €4,498 | €3,661 | -€837 | -18.6% |
| Taxes | 450/3 | €4,498 | €3,661 | -€837 | -18.6% |
| Other amounts payable | 47/48 | €102,615 | €101,927 | -€688 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,687 | €21,204 | -€7,483 | -26.1% |
| Other operating charges | 640/8 | €1,007 | €9,317 | +€8,310 | +825% |
| Gross operating margin | 9900 | €11,039 | €59,248 | +€48,209 | +437% |
| Operating profit (loss) | 9901 | -€18,655 | €28,728 | +€47,383 | |
| Financial charges | 65/66B | €2,031 | €2,037 | +€6 | +0.3% |
| Recurring financial charges | 65 | €2,031 | €2,037 | +€6 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,686 | €26,691 | +€47,377 | |
| Income taxes | 67/77 | €480 | €3,537 | +€3,057 | +636% |
| Profit (loss) for the period | 9904 | -€21,167 | €23,153 | +€44,320 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,167 | €23,153 | +€44,320 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.