TROBEJA: 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.
What changed
TROBEJA
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€826,832
2024 · €242,977+€583,855
Equity
€19.0m
2024 · €18.2m+€826,832
Cash
€1.4m
2024 · €1.4m+€831
Balance sheet total
€34.0m
2024 · €35.2m-€1.2m
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-14.0%), from €9.5m to €8.2m
of which Other amounts receivable: -€1.2m
- Tangible fixed assets +€419,510
up €419,510 (+5.1%), from €8.2m to €8.6m
of which Assets under construction and advance payments: +€251,097
Equity and liabilities
- Short-term financial debts -€2.8m
down €2.8m (-100.0%), from €2.8m to €0
- Profit (loss) carried forward +€826,832
up €826,832 (+5.8%), from €14.3m to €15.1m
- Trade debts +€805,806
up €805,806 (+292.2%), from €275,801 to €1.1m
- Other debts +€392,982
up €392,982 (+3.2%), from €12.2m to €12.6m
Income statement
- Other operating income +€1.6m
up €1.6m (+666.2%), from €240,390 to €1.8m
- Turnover -€1.4m
down €1.4m (-33.5%), from €4.2m to €2.8m
- Write-downs -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Services and other goods +€907,443
up €907,443 (+71.2%), from €1.3m to €2.2m
- Financial charges -€362,906
down €362,906 (-44.0%), from €824,544 to €461,638
of which Non-recurring financial charges: -€450,000
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.
Result 2024
€242,977
Turnover
-€1.4m
Other operating income
+€1.6m
Goods and materials
+€129,585
Services and other goods
-€907,443
Staff costs
+€3,457
Depreciation
-€32,199
Write-downs
+€1.0m
Provisions
-€130,000
Other operating charges
+€88,553
Other operating items
+€43,668
Financial income
+€119,620
Financial charges
+€362,906
Taxes
-€291,265
Result 2025
€826,832
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.
From operations
+€3.6m
Investment
-€549,116
Financing
-€3.0m
Cash 2024
€1.4m
From operations (derived)
+€3.6m
Net result for the year
+€826,832
Depreciation
+€364,047
Receivables within one year
+€1.3m
Deferred charges and accrued income
+€7,441
Trade debts
+€805,806
Tax, wage and social debts
-€163,323
Other debts
+€392,982
Accrued charges and deferred income
+€6,038
Investment (derived)
-€549,116
Investment in fixed assets (net)
-€549,034
Current investments
-€81
Financing
-€3.0m
Debts after one year
-€273,377
Current portion of long-term debt
+€924
Short-term financial debts
-€2.8m
Cash 2025
€1.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,198,965 | €34,044,846 | -€1.2m | -3.3% |
| Fixed assets | 21/28 | €24,257,966 | €24,442,953 | +€184,987 | +0.8% |
| Intangible fixed assets | 21 | €53,945 | €43,847 | -€10,098 | -18.7% |
| Tangible fixed assets | 22/27 | €8,229,022 | €8,648,532 | +€419,510 | +5.1% |
| Land and buildings | 22 | €7,853,696 | €8,082,737 | +€229,041 | +2.9% |
| Plant, machinery and equipment | 23 | €310,886 | €164,479 | -€146,407 | -47.1% |
| Furniture and vehicles | 24 | €64,439 | €150,218 | +€85,779 | +133.1% |
| Assets under construction and advance payments | 27 | - | €251,097 | +€251,097 | |
| Financial fixed assets | 28 | €15,974,999 | €15,750,575 | -€224,425 | -1.4% |
| Affiliated companies | 280/1 | €15,962,965 | €15,738,390 | -€224,575 | -1.4% |
| Participating interests | 280 | €13,894,458 | €13,894,458 | = | 0.0% |
| Amounts receivable | 281 | €2,068,506 | €1,843,932 | -€224,575 | -10.9% |
| Other financial fixed assets | 284/8 | €12,035 | €12,185 | +€150 | +1.2% |
| Shares | 284 | €750 | €750 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €11,285 | €11,435 | +€150 | +1.3% |
| Current assets | 29/58 | €10,940,999 | €9,601,893 | -€1.3m | -12.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €9,485,115 | €8,152,537 | -€1.3m | -14.0% |
| Trade receivables | 40 | €669,177 | €534,014 | -€135,163 | -20.2% |
| Other amounts receivable | 41 | €8,815,939 | €7,618,524 | -€1.2m | -13.6% |
| Current investments | 50/53 | €7,059 | €7,140 | +€81 | +1.2% |
| Other investments | 51/53 | €7,059 | €7,140 | +€81 | +1.2% |
| Cash at bank and in hand | 54/58 | €1,400,532 | €1,401,363 | +€831 | +0.1% |
| Deferred charges and accrued income | 490/1 | €48,292 | €40,852 | -€7,441 | -15.4% |
| Total equity and liabilities | 10/49 | €35,198,965 | €34,044,846 | -€1.2m | -3.3% |
| Equity | 10/15 | €18,207,733 | €19,034,565 | +€826,832 | +4.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,887,497 | €3,887,497 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €3,881,297 | €3,881,297 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,258,236 | €15,085,068 | +€826,832 | +5.8% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Amounts payable | 17/49 | €16,991,231 | €15,010,281 | -€2.0m | -11.7% |
| Amounts payable after more than one year | 17 | €953,874 | €680,497 | -€273,377 | -28.7% |
| Financial debts | 170/4 | €953,874 | €680,497 | -€273,377 | -28.7% |
| Credit institutions | 173 | €953,874 | €680,497 | -€273,377 | -28.7% |
| Amounts payable within one year | 42/48 | €16,032,867 | €14,319,256 | -€1.7m | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €272,453 | €273,377 | +€924 | +0.3% |
| Financial debts | 43 | €2,750,000 | €0 | -€2.8m | -100.0% |
| Credit institutions | 430/8 | €2,750,000 | €0 | -€2.8m | -100.0% |
| Trade debts | 44 | €275,801 | €1,081,607 | +€805,806 | +292.2% |
| Suppliers | 440/4 | €275,801 | €1,081,607 | +€805,806 | +292.2% |
| Taxes, remuneration and social security | 45 | €571,920 | €408,597 | -€163,323 | -28.6% |
| Taxes | 450/3 | €455,473 | €285,823 | -€169,650 | -37.2% |
| Remuneration and social security | 454/9 | €116,447 | €122,774 | +€6,327 | +5.4% |
| Other amounts payable | 47/48 | €12,162,693 | €12,555,674 | +€392,982 | +3.2% |
| Accrued charges and deferred income | 492/3 | €4,490 | €10,528 | +€6,038 | +134.5% |
| Operating income | 70/76A | €4,437,519 | €4,678,160 | +€240,641 | +5.4% |
| Turnover | 70 | €4,197,129 | €2,792,700 | -€1.4m | -33.5% |
| Other operating income | 74 | €240,390 | €1,841,792 | +€1.6m | +666.2% |
| Non-recurring operating income | 76A | €0 | €43,668 | +€43,668 | |
| Operating charges | 60/66A | €3,569,885 | €3,417,932 | -€151,953 | -4.3% |
| Goods for resale, raw materials and consumables | 60 | €129,585 | €0 | -€129,585 | -100.0% |
| Purchases | 600/8 | €129,585 | €0 | -€129,585 | -100.0% |
| Services and other goods | 61 | €1,275,387 | €2,182,830 | +€907,443 | +71.2% |
| Remuneration, social security and pensions | 62 | €802,115 | €798,658 | -€3,457 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331,848 | €364,047 | +€32,199 | +9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,000,000 | €0 | -€1.0m | -100.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€130,000 | €0 | +€130,000 | |
| Other operating charges | 640/8 | €160,949 | €72,397 | -€88,553 | -55.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €867,634 | €1,260,228 | +€392,594 | +45.2% |
| Financial income | 75/76B | €212,114 | €331,734 | +€119,620 | +56.4% |
| Recurring financial income | 75 | €212,114 | €331,734 | +€119,620 | +56.4% |
| Income from financial fixed assets | 750 | €166 | €160 | -€6 | -3.4% |
| Income from current assets | 751 | €207,829 | €331,493 | +€123,663 | +59.5% |
| Other financial income | 752/9 | €4,119 | €81 | -€4,037 | -98.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €824,544 | €461,638 | -€362,906 | -44.0% |
| Recurring financial charges | 65 | €374,544 | €461,638 | +€87,094 | +23.3% |
| Debt charges | 650 | €362,057 | €435,934 | +€73,877 | +20.4% |
| Other financial charges | 652/9 | €12,487 | €25,704 | +€13,217 | +105.8% |
| Non-recurring financial charges | 66B | €450,000 | €0 | -€450,000 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €255,204 | €1,130,323 | +€875,120 | +342.9% |
| Income taxes | 67/77 | €12,227 | €303,492 | +€291,265 | +2382.1% |
| Taxes | 670/3 | €204,884 | €303,492 | +€98,608 | +48.1% |
| Tax adjustments and reversals of tax provisions | 77 | €192,657 | €0 | -€192,657 | -100.0% |
| Profit (loss) for the period | 9904 | €242,977 | €826,832 | +€583,855 | +240.3% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €242,977 | €826,832 | +€583,855 | +240.3% |
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 5 October 2026 via checked.be.