TRC Consulting: 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.
TRC Consulting
Largest movements
- Cash -€33,506
down €33,506 (-38.1%), from €88,050 to €54,544
mainly Contributions, distributions and other (-€60,000) and Tax, wage and social debts (-€18,623)
- Receivables within one year -€7,820
down €7,820 (-33.8%), from €23,128 to €15,308
of which Other amounts receivable: -€11,280
- Tangible fixed assets +€6,028
up €6,028 (+34.2%), from €17,632 to €23,660
of which Other tangible fixed assets: +€9,383
- Deferred charges and accrued income +€1,784
up €1,784 (+128%), from €1,395 to €3,179
- Tax, wage and social debts -€18,623
down €18,623 (-57.0%), from €32,685 to €14,062
- Reserves -€18,402
down €18,402 (-26.2%), from €70,280 to €51,878
- Trade debts +€2,402
up €2,402 (+135%), from €1,780 to €4,182
- Gross operating margin -€10,275
down €10,275 (-13.9%), from €74,032 to €63,757
- Taxes -€2,630
down €2,630 (-17.2%), from €15,282 to €12,652
- Depreciation +€2,177
up €2,177 (+43.5%), from €5,004 to €7,181
- Other operating charges +€1,052
up €1,052 (+1,267%), from €83 to €1,135
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 | €130,205 | €96,691 | -€33,514 | -25.7% |
| Fixed assets | 21/28 | €17,632 | €23,660 | +€6,028 | +34.2% |
| Tangible fixed assets | 22/27 | €17,632 | €23,660 | +€6,028 | +34.2% |
| Plant, machinery and equipment | 23 | €4,737 | €2,823 | -€1,914 | -40.4% |
| Furniture and vehicles | 24 | €2,123 | €682 | -€1,441 | -67.9% |
| Other tangible fixed assets | 26 | €10,772 | €20,155 | +€9,383 | +87.1% |
| Current assets | 29/58 | €112,573 | €73,031 | -€39,542 | -35.1% |
| Amounts receivable within one year | 40/41 | €23,128 | €15,308 | -€7,820 | -33.8% |
| Trade receivables | 40 | €540 | €4,000 | +€3,460 | +641% |
| Other amounts receivable | 41 | €22,588 | €11,308 | -€11,280 | -49.9% |
| Cash at bank and in hand | 54/58 | €88,050 | €54,544 | -€33,506 | -38.1% |
| Deferred charges and accrued income | 490/1 | €1,395 | €3,179 | +€1,784 | +128% |
| Total equity and liabilities | 10/49 | €130,205 | €96,691 | -€33,514 | -25.7% |
| Equity | 10/15 | €75,280 | €56,878 | -€18,402 | -24.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €70,280 | €51,878 | -€18,402 | -26.2% |
| Distributable reserves | 133 | €70,280 | €51,878 | -€18,402 | -26.2% |
| Amounts payable | 17/49 | €54,925 | €39,813 | -€15,112 | -27.5% |
| Amounts payable within one year | 42/48 | €54,925 | €39,692 | -€15,233 | -27.7% |
| Trade debts | 44 | €1,780 | €4,182 | +€2,402 | +135% |
| Suppliers | 440/4 | €1,780 | €4,182 | +€2,402 | +135% |
| Taxes, remuneration and social security | 45 | €32,685 | €14,062 | -€18,623 | -57.0% |
| Taxes | 450/3 | €32,685 | €14,062 | -€18,623 | -57.0% |
| Other amounts payable | 47/48 | €20,460 | €21,448 | +€988 | +4.8% |
| Accrued charges and deferred income | 492/3 | - | €121 | +€121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,004 | €7,181 | +€2,177 | +43.5% |
| Other operating charges | 640/8 | €83 | €1,135 | +€1,052 | +1,267% |
| Gross operating margin | 9900 | €74,032 | €63,757 | -€10,275 | -13.9% |
| Operating profit (loss) | 9901 | €68,945 | €55,441 | -€13,504 | -19.6% |
| Financial income | 75/76B | €171 | - | -€171 | |
| Recurring financial income | 75 | €171 | - | -€171 | |
| Financial charges | 65/66B | €1,548 | €1,191 | -€357 | -23.1% |
| Recurring financial charges | 65 | €1,548 | €1,191 | -€357 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €67,568 | €54,250 | -€13,318 | -19.7% |
| Income taxes | 67/77 | €15,282 | €12,652 | -€2,630 | -17.2% |
| Profit (loss) for the period | 9904 | €52,286 | €41,598 | -€10,688 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,286 | €41,598 | -€10,688 | -20.4% |
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 14 October 2026 via checked.be.