TROBAN: what changed
Two fiscal 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.
TROBAN
Largest movements
- Receivables after one year +€55,989
up €55,989 (+46.5%), from €120,535 to €176,524
- Trade debts +€99,450
up €99,450 (+188.7%), from €52,698 to €152,148
of which Suppliers: +€102,761
- Advances received -€37,426
down €37,426 (-99.5%), from €37,604 to €178
- Other debts +€7,988
up €7,988 (+580.1%), from €1,377 to €9,365
- Tax, wage and social debts -€6,864
down €6,864 (-46.9%), from €14,641 to €7,777
- Reserves -€6,570
down €6,570 (-21.9%), from €30,050 to €23,480
of which Distributable reserves: -€6,570
- Gross operating margin -€47,465
down €47,465 (-94.3%), from €50,357 to €2,892
- Taxes -€5,052
down €5,052 (-52.8%), from €9,563 to €4,511
- Other operating charges +€2,805
up €2,805 (+145.0%), from €1,934 to €4,739
- Financial income +€2,413
up €2,413 (+65.6%), from €3,678 to €6,091
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.
Cash bridge derived
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 | €148,699 | €202,484 | +€53,785 | +36.2% |
| Fixed assets | 21/28 | €8,255 | €8,632 | +€377 | +4.6% |
| Tangible fixed assets | 22/27 | €5,855 | €6,232 | +€377 | +6.4% |
| Plant, machinery and equipment | 23 | - | €1,826 | +€1,826 | |
| Furniture and vehicles | 24 | €5,855 | €4,406 | -€1,449 | -24.7% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €140,444 | €193,852 | +€53,408 | +38.0% |
| Amounts receivable after more than one year | 29 | €120,535 | €176,524 | +€55,989 | +46.5% |
| Trade receivables | 290 | €120,535 | €176,524 | +€55,989 | +46.5% |
| Amounts receivable within one year | 40/41 | €109 | - | -€109 | |
| Other amounts receivable | 41 | €109 | - | -€109 | |
| Cash at bank and in hand | 54/58 | €19,150 | €17,328 | -€1,822 | -9.5% |
| Deferred charges and accrued income | 490/1 | €650 | - | -€650 | |
| Total equity and liabilities | 10/49 | €148,699 | €202,484 | +€53,785 | +36.2% |
| Equity | 10/15 | €39,050 | €27,916 | -€11,134 | -28.5% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €30,050 | €23,480 | -€6,570 | -21.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,190 | €21,620 | -€6,570 | -23.3% |
| Profit (loss) carried forward | 14 | - | -€4,564 | -€4,564 | |
| Amounts payable | 17/49 | €109,649 | €174,568 | +€64,919 | +59.2% |
| Amounts payable within one year | 42/48 | €109,649 | €174,568 | +€64,919 | +59.2% |
| Current portion of amounts payable after more than one year | 42 | €3,329 | €4,080 | +€751 | +22.6% |
| Financial debts | 43 | - | €1,020 | +€1,020 | |
| Credit institutions | 430/8 | - | €1,020 | +€1,020 | |
| Trade debts | 44 | €52,698 | €152,148 | +€99,450 | +188.7% |
| Suppliers | 440/4 | €49,387 | €152,148 | +€102,761 | +208.1% |
| Bills of exchange payable | 441 | €3,311 | - | -€3,311 | |
| Advances received on contracts in progress | 46 | €37,604 | €178 | -€37,426 | -99.5% |
| Taxes, remuneration and social security | 45 | €14,641 | €7,777 | -€6,864 | -46.9% |
| Taxes | 450/3 | €14,641 | €7,777 | -€6,864 | -46.9% |
| Other amounts payable | 47/48 | €1,377 | €9,365 | +€7,988 | +580.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,715 | €2,803 | +€88 | +3.2% |
| Other operating charges | 640/8 | €1,934 | €4,739 | +€2,805 | +145.0% |
| Gross operating margin | 9900 | €50,357 | €2,892 | -€47,465 | -94.3% |
| Operating profit (loss) | 9901 | €45,708 | -€4,650 | -€50,358 | |
| Financial income | 75/76B | €3,678 | €6,091 | +€2,413 | +65.6% |
| Recurring financial income | 75 | €3,678 | €6,091 | +€2,413 | +65.6% |
| Financial charges | 65/66B | €1,662 | €1,494 | -€168 | -10.1% |
| Recurring financial charges | 65 | €1,662 | €1,494 | -€168 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €47,724 | -€53 | -€47,777 | |
| Income taxes | 67/77 | €9,563 | €4,511 | -€5,052 | -52.8% |
| Profit (loss) for the period | 9904 | €38,161 | -€4,564 | -€42,725 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,161 | -€4,564 | -€42,725 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.