TROCA-LUX: 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.
TROCA-LUX
Largest movements
- Receivables within one year -€35,518
down €35,518 (-46.6%), from €76,171 to €40,653
of which Trade receivables: -€29,059
- Cash +€26,863
up €26,863 (+2488.2%), from €1,080 to €27,943
mainly Receivables within one year (+€35,518) and Debts after one year (+€20,000)
- Stocks and contracts +€3,500
up €3,500 (+27.9%), from €12,553 to €16,053
- Trade debts -€31,097
down €31,097 (-46.8%), from €66,435 to €35,338
- Debts after one year +€20,000
up €20,000 (+44.9%), from €44,500 to €64,500
- Other debts +€17,525
new in 2025: €17,525
- Profit (loss) carried forward -€7,030
down €7,030 (-66.4%), from -€10,584 to -€17,614
- Tax, wage and social debts -€4,157
down €4,157 (-31.6%), from €13,156 to €8,999
- Gross operating margin +€39,167
up €39,167 (+96.0%), from -€40,813 to -€1,645
- Depreciation -€1,117
down €1,117 (-33.6%), from €3,326 to €2,209
- Financial charges -€1,116
down €1,116 (-83.1%), from €1,344 to €227
- Financial income +€630
up €630 (+1198.7%), from €53 to €683
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 | €132,506 | €127,747 | -€4,759 | -3.6% |
| Fixed assets | 21/28 | €41,652 | €41,272 | -€380 | -0.9% |
| Tangible fixed assets | 22/27 | €41,652 | €41,272 | -€380 | -0.9% |
| Land and buildings | 22 | €40,011 | €38,548 | -€1,463 | -3.7% |
| Plant, machinery and equipment | 23 | €231 | - | -€231 | |
| Furniture and vehicles | 24 | €269 | €1,785 | +€1,517 | +564.8% |
| Other tangible fixed assets | 26 | €1,141 | €939 | -€202 | -17.7% |
| Current assets | 29/58 | €90,854 | €86,475 | -€4,378 | -4.8% |
| Stocks and contracts in progress | 3 | €12,553 | €16,053 | +€3,500 | +27.9% |
| Stocks | 30/36 | €12,553 | €16,053 | +€3,500 | +27.9% |
| Amounts receivable within one year | 40/41 | €76,171 | €40,653 | -€35,518 | -46.6% |
| Trade receivables | 40 | €63,441 | €34,382 | -€29,059 | -45.8% |
| Other amounts receivable | 41 | €12,729 | €6,271 | -€6,459 | -50.7% |
| Cash at bank and in hand | 54/58 | €1,080 | €27,943 | +€26,863 | +2488.2% |
| Deferred charges and accrued income | 490/1 | €1,050 | €1,827 | +€776 | +73.9% |
| Total equity and liabilities | 10/49 | €132,506 | €127,747 | -€4,759 | -3.6% |
| Equity | 10/15 | €8,416 | €1,386 | -€7,030 | -83.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,584 | -€17,614 | -€7,030 | -66.4% |
| Amounts payable | 17/49 | €124,090 | €126,362 | +€2,272 | +1.8% |
| Amounts payable after more than one year | 17 | €44,500 | €64,500 | +€20,000 | +44.9% |
| Financial debts | 170/4 | €44,500 | €64,500 | +€20,000 | +44.9% |
| Amounts payable within one year | 42/48 | €79,590 | €61,862 | -€17,728 | -22.3% |
| Trade debts | 44 | €66,435 | €35,338 | -€31,097 | -46.8% |
| Suppliers | 440/4 | €66,435 | €35,338 | -€31,097 | -46.8% |
| Taxes, remuneration and social security | 45 | €13,156 | €8,999 | -€4,157 | -31.6% |
| Taxes | 450/3 | €13,156 | €8,999 | -€4,157 | -31.6% |
| Other amounts payable | 47/48 | - | €17,525 | +€17,525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,326 | €2,209 | -€1,117 | -33.6% |
| Other operating charges | 640/8 | €3,558 | €3,599 | +€41 | +1.2% |
| Gross operating margin | 9900 | -€40,813 | -€1,645 | +€39,167 | +96.0% |
| Operating profit (loss) | 9901 | -€47,697 | -€7,454 | +€40,243 | +84.4% |
| Financial income | 75/76B | €53 | €683 | +€630 | +1198.7% |
| Recurring financial income | 75 | €53 | €683 | +€630 | +1198.7% |
| Financial charges | 65/66B | €1,344 | €227 | -€1,116 | -83.1% |
| Recurring financial charges | 65 | €1,344 | €227 | -€1,116 | -83.1% |
| Profit (loss) for the period before taxes | 9903 | -€48,988 | -€6,999 | +€41,989 | +85.7% |
| Income taxes | 67/77 | - | €31 | +€31 | |
| Profit (loss) for the period | 9904 | -€48,988 | -€7,030 | +€41,958 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,988 | -€7,030 | +€41,958 | +85.6% |
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 3 October 2026 via checked.be.