TH Trucks Immo: 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.
TH Trucks Immo
Largest movements
- Tangible fixed assets -€46,518
down €46,518 (-4.9%), from €943,071 to €896,553
- Receivables within one year +€39,566
up €39,566 (+128%), from €30,790 to €70,356
of which Trade receivables: +€42,350
- Deferred charges and accrued income +€34,422
up €34,422 (+735%), from €4,682 to €39,105
- Cash -€32,047
down €32,047 (-90.7%), from €35,348 to €3,301
mainly Net result for the year (-€63,936) and Receivables within one year (-€39,566)
- Reserves -€63,936
down €63,936 (-6.3%), from €1.0m to €949,878
- Trade debts +€47,325
up €47,325 (+60,494%), from €78 to €47,403
- Financial income -€920,132
no longer reported in 2025 (was €920,132)
of which Non-recurring financial income: -€804,345
- Turnover -€341,308
down €341,308 (-59.5%), from €573,808 to €232,500
- Services and other goods -€163,512
down €163,512 (-48.1%), from €339,790 to €176,279
- Write-downs +€34,831
no longer reported in 2025 (was -€34,831)
- Taxes -€30,966
down €30,966 (-95.9%), from €32,286 to €1,320
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 | €1,013,892 | €1,009,315 | -€4,578 | -0.5% |
| Fixed assets | 21/28 | €943,071 | €896,553 | -€46,518 | -4.9% |
| Tangible fixed assets | 22/27 | €943,071 | €896,553 | -€46,518 | -4.9% |
| Land and buildings | 22 | €943,071 | €896,553 | -€46,518 | -4.9% |
| Current assets | 29/58 | €70,821 | €112,761 | +€41,940 | +59.2% |
| Amounts receivable within one year | 40/41 | €30,790 | €70,356 | +€39,566 | +128% |
| Trade receivables | 40 | €1,006 | €43,356 | +€42,350 | +4,210% |
| Other amounts receivable | 41 | €29,784 | €27,000 | -€2,784 | -9.3% |
| Cash at bank and in hand | 54/58 | €35,348 | €3,301 | -€32,047 | -90.7% |
| Deferred charges and accrued income | 490/1 | €4,682 | €39,105 | +€34,422 | +735% |
| Total equity and liabilities | 10/49 | €1,013,892 | €1,009,315 | -€4,578 | -0.5% |
| Equity | 10/15 | €1,013,814 | €949,878 | -€63,936 | -6.3% |
| Reserves | 13 | €1,013,814 | €949,878 | -€63,936 | -6.3% |
| Distributable reserves | 133 | €1,013,814 | €949,878 | -€63,936 | -6.3% |
| Amounts payable | 17/49 | €78 | €59,437 | +€59,358 | +75,877% |
| Amounts payable within one year | 42/48 | €78 | €49,850 | +€49,772 | +63,623% |
| Trade debts | 44 | €78 | €47,403 | +€47,325 | +60,494% |
| Suppliers | 440/4 | €78 | €47,403 | +€47,325 | +60,494% |
| Taxes, remuneration and social security | 45 | - | €2,447 | +€2,447 | |
| Taxes | 450/3 | - | €2,447 | +€2,447 | |
| Accrued charges and deferred income | 492/3 | - | €9,586 | +€9,586 | |
| Operating income | 70/76A | €587,549 | €250,224 | -€337,325 | -57.4% |
| Turnover | 70 | €573,808 | €232,500 | -€341,308 | -59.5% |
| Other operating income | 74 | €3,241 | €9,724 | +€6,483 | +200% |
| Non-recurring operating income | 76A | €10,500 | €8,000 | -€2,500 | -23.8% |
| Operating charges | 60/66A | €446,002 | €280,536 | -€165,467 | -37.1% |
| Goods for resale, raw materials and consumables | 60 | €18,529 | - | -€18,529 | |
| Purchases | 600/8 | €18,529 | - | -€18,529 | |
| Services and other goods | 61 | €339,790 | €176,279 | -€163,512 | -48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,261 | €54,518 | +€257 | +0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€34,831 | - | +€34,831 | |
| Other operating charges | 640/8 | €68,252 | €49,739 | -€18,514 | -27.1% |
| Operating profit (loss) | 9901 | €141,547 | -€30,311 | -€171,858 | |
| Financial income | 75/76B | €920,132 | - | -€920,132 | |
| Recurring financial income | 75 | €115,787 | - | -€115,787 | |
| Income from current assets | 751 | €113,963 | - | -€113,963 | |
| Other financial income | 752/9 | €1,824 | - | -€1,824 | |
| Non-recurring financial income | 76B | €804,345 | - | -€804,345 | |
| Financial charges | 65/66B | €33,982 | €32,305 | -€1,677 | -4.9% |
| Recurring financial charges | 65 | €33,982 | €32,305 | -€1,677 | -4.9% |
| Debt charges | 650 | €33,352 | €32,233 | -€1,119 | -3.4% |
| Other financial charges | 652/9 | €629 | €72 | -€558 | -88.6% |
| Profit (loss) for the period before taxes | 9903 | €1,027,698 | -€62,616 | -€1.1m | |
| Income taxes | 67/77 | €32,286 | €1,320 | -€30,966 | -95.9% |
| Taxes | 670/3 | €32,286 | €1,320 | -€30,966 | -95.9% |
| Profit (loss) for the period | 9904 | €995,412 | -€63,936 | -€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €995,412 | -€63,936 | -€1.1m |
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.