TROCABOUGE: what changed
TROCABOUGE
Largest movements
- Receivables within one year +€130,376
up €130,376 (+6,184%), from €2,108 to €132,484
- Stocks and contracts -€4,260
down €4,260 (-16.1%), from €26,490 to €22,230
- Cash +€1,816
up €1,816 (+26.2%), from €6,932 to €8,748
mainly Trade debts (+€110,835) and Net result for the year (+€28,047)
- Trade debts +€110,835
up €110,835 (+338%), from €32,833 to €143,668
- Profit (loss) carried forward +€28,047
up €28,047 (+26.1%), from -€107,361 to -€79,314
- Tax, wage and social debts -€10,973
down €10,973 (-13.5%), from €81,485 to €70,512
of which Remuneration and social security: -€9,966
- Accrued charges and deferred income -€2,766
down €2,766 (-43.1%), from €6,422 to €3,656
- Other debts +€2,178
up €2,178 (+19.2%), from €11,337 to €13,515
- Staff costs -€35,058
down €35,058 (-68.1%), from €51,467 to €16,409
- Gross operating margin +€6,987
up €6,987 (+12.7%), from €55,137 to €62,124
- Financial charges +€4,413
up €4,413 (+587%), from €752 to €5,165
of which Non-recurring financial charges: +€4,699
- Taxes +€3,689
new in 2025: €3,689
- Other operating charges -€1,109
down €1,109 (-11.9%), from €9,324 to €8,215
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,067 | €172,388 | +€127,321 | +283% |
| Fixed assets | 21/28 | €8,301 | €7,702 | -€599 | -7.2% |
| Tangible fixed assets | 22/27 | €1,301 | €702 | -€599 | -46.0% |
| Plant, machinery and equipment | 23 | €1,301 | €702 | -€599 | -46.0% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €36,766 | €164,685 | +€127,920 | +348% |
| Stocks and contracts in progress | 3 | €26,490 | €22,230 | -€4,260 | -16.1% |
| Stocks | 30/36 | €26,490 | €22,230 | -€4,260 | -16.1% |
| Amounts receivable within one year | 40/41 | €2,108 | €132,484 | +€130,376 | +6,184% |
| Trade receivables | 40 | €2,108 | €132,484 | +€130,376 | +6,184% |
| Cash at bank and in hand | 54/58 | €6,932 | €8,748 | +€1,816 | +26.2% |
| Deferred charges and accrued income | 490/1 | €1,235 | €1,223 | -€12 | -1.0% |
| Total equity and liabilities | 10/49 | €45,067 | €172,388 | +€127,321 | +283% |
| Equity | 10/15 | -€87,011 | -€58,964 | +€28,047 | +32.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,751 | €1,751 | = | 0.0% |
| Distributable reserves | 133 | €1,751 | €1,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,361 | -€79,314 | +€28,047 | +26.1% |
| Amounts payable | 17/49 | €132,078 | €231,351 | +€99,273 | +75.2% |
| Amounts payable within one year | 42/48 | €125,655 | €227,695 | +€102,040 | +81.2% |
| Trade debts | 44 | €32,833 | €143,668 | +€110,835 | +338% |
| Suppliers | 440/4 | €32,833 | €143,668 | +€110,835 | +338% |
| Taxes, remuneration and social security | 45 | €81,485 | €70,512 | -€10,973 | -13.5% |
| Taxes | 450/3 | €31,190 | €30,183 | -€1,007 | -3.2% |
| Remuneration and social security | 454/9 | €50,295 | €40,329 | -€9,966 | -19.8% |
| Other amounts payable | 47/48 | €11,337 | €13,515 | +€2,178 | +19.2% |
| Accrued charges and deferred income | 492/3 | €6,422 | €3,656 | -€2,766 | -43.1% |
| Non-recurring operating income | 76A | €5,465 | - | -€5,465 | |
| Remuneration, social security and pensions | 62 | €51,467 | €16,409 | -€35,058 | -68.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €599 | €599 | = | 0.0% |
| Other operating charges | 640/8 | €9,324 | €8,215 | -€1,109 | -11.9% |
| Non-recurring operating charges | 66A | -€25 | - | +€25 | |
| Gross operating margin | 9900 | €55,137 | €62,124 | +€6,987 | +12.7% |
| Operating profit (loss) | 9901 | -€6,228 | €36,901 | +€43,129 | |
| Financial charges | 65/66B | €752 | €5,165 | +€4,413 | +587% |
| Recurring financial charges | 65 | €719 | €433 | -€286 | -39.8% |
| Non-recurring financial charges | 66B | €33 | €4,732 | +€4,699 | +14,197% |
| Profit (loss) for the period before taxes | 9903 | -€6,980 | €31,737 | +€38,716 | |
| Income taxes | 67/77 | - | €3,689 | +€3,689 | |
| Profit (loss) for the period | 9904 | -€6,980 | €28,047 | +€35,027 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,980 | €28,047 | +€35,027 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.