Trichelhof: 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.
Trichelhof
Largest movements
- Tangible fixed assets -€25,016
down €25,016 (-24.4%), from €102,709 to €77,692
of which Furniture and vehicles: -€17,786
- Receivables within one year +€8,768
up €8,768 (+50.6%), from €17,330 to €26,098
of which Trade receivables: +€5,164
- Stocks and contracts -€6,683
down €6,683 (-10.5%), from €63,686 to €57,003
- Cash -€3,044
down €3,044 (-17.4%), from €17,491 to €14,448
mainly Debts after one year (-€14,351) and Other debts (-€11,969)
- Debts after one year -€14,351
down €14,351 (-43.5%), from €33,004 to €18,653
- Other debts -€11,969
down €11,969 (-33.3%), from €35,965 to €23,996
- Reserves +€2,507
up €2,507 (+2.7%), from €93,365 to €95,872
- Gross operating margin -€27,234
down €27,234 (-42.2%), from €64,605 to €37,371
- Taxes -€9,362
down €9,362 (-89.3%), from €10,481 to €1,119
- Depreciation +€1,666
up €1,666 (+6.4%), from €26,110 to €27,776
- Financial charges -€653
down €653 (-27.3%), from €2,396 to €1,743
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 | €206,912 | €181,402 | -€25,510 | -12.3% |
| Fixed assets | 21/28 | €102,709 | €77,692 | -€25,016 | -24.4% |
| Tangible fixed assets | 22/27 | €102,709 | €77,692 | -€25,016 | -24.4% |
| Land and buildings | 22 | €16,799 | €15,493 | -€1,306 | -7.8% |
| Plant, machinery and equipment | 23 | €25,535 | €19,611 | -€5,925 | -23.2% |
| Furniture and vehicles | 24 | €60,374 | €42,589 | -€17,786 | -29.5% |
| Current assets | 29/58 | €104,204 | €103,710 | -€494 | -0.5% |
| Stocks and contracts in progress | 3 | €63,686 | €57,003 | -€6,683 | -10.5% |
| Stocks | 30/36 | €63,686 | €57,003 | -€6,683 | -10.5% |
| Amounts receivable within one year | 40/41 | €17,330 | €26,098 | +€8,768 | +50.6% |
| Trade receivables | 40 | €16,989 | €22,153 | +€5,164 | +30.4% |
| Other amounts receivable | 41 | €341 | €3,945 | +€3,604 | +1,057% |
| Cash at bank and in hand | 54/58 | €17,491 | €14,448 | -€3,044 | -17.4% |
| Deferred charges and accrued income | 490/1 | €5,697 | €6,162 | +€465 | +8.2% |
| Total equity and liabilities | 10/49 | €206,912 | €181,402 | -€25,510 | -12.3% |
| Equity | 10/15 | €113,365 | €115,872 | +€2,507 | +2.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €93,365 | €95,872 | +€2,507 | +2.7% |
| Distributable reserves | 133 | €93,365 | €95,872 | +€2,507 | +2.7% |
| Amounts payable | 17/49 | €93,547 | €65,530 | -€28,017 | -29.9% |
| Amounts payable after more than one year | 17 | €33,004 | €18,653 | -€14,351 | -43.5% |
| Financial debts | 170/4 | €33,004 | €18,653 | -€14,351 | -43.5% |
| Amounts payable within one year | 42/48 | €60,543 | €46,878 | -€13,665 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €14,574 | €14,351 | -€222 | -1.5% |
| Trade debts | 44 | €1,752 | €435 | -€1,318 | -75.2% |
| Suppliers | 440/4 | €1,752 | €435 | -€1,318 | -75.2% |
| Taxes, remuneration and social security | 45 | €8,252 | €8,096 | -€156 | -1.9% |
| Taxes | 450/3 | €8,252 | €8,096 | -€156 | -1.9% |
| Other amounts payable | 47/48 | €35,965 | €23,996 | -€11,969 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,110 | €27,776 | +€1,666 | +6.4% |
| Other operating charges | 640/8 | €4,367 | €4,467 | +€100 | +2.3% |
| Gross operating margin | 9900 | €64,605 | €37,371 | -€27,234 | -42.2% |
| Operating profit (loss) | 9901 | €34,128 | €5,128 | -€29,000 | -85.0% |
| Financial income | 75/76B | €17 | €241 | +€224 | +1,358% |
| Recurring financial income | 75 | €17 | €241 | +€224 | +1,358% |
| Financial charges | 65/66B | €2,396 | €1,743 | -€653 | -27.3% |
| Recurring financial charges | 65 | €2,396 | €1,743 | -€653 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €31,748 | €3,625 | -€28,123 | -88.6% |
| Income taxes | 67/77 | €10,481 | €1,119 | -€9,362 | -89.3% |
| Profit (loss) for the period | 9904 | €21,268 | €2,507 | -€18,761 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,268 | €2,507 | -€18,761 | -88.2% |
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 27 October 2026 via checked.be.