Troch Management: 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.
Troch Management
Largest movements
- Receivables within one year -€54,573
down €54,573 (-72.5%), from €75,238 to €20,665
- Tangible fixed assets -€8,226
down €8,226 (-4.4%), from €186,537 to €178,311
- Other debts -€53,771
down €53,771 (-100.0%), from €53,771 to €0
- Profit (loss) carried forward -€15,529
down €15,529 (-17.8%), from €87,087 to €71,558
- Reserves +€5,461
up €5,461 (+293.7%), from €1,859 to €7,320
of which Tax-exempt reserves: +€5,461
- Other operating charges -€4,876
down €4,876 (-99.0%), from €4,926 to €50
- Gross operating margin +€3,940
up €3,940, from -€1,647 to €2,293
- Depreciation -€2,495
down €2,495 (-23.3%), from €10,721 to €8,226
- Financial income +€1,563
up €1,563 (+3906800.0%), from €0 to €1,563
- Financial charges +€334
up €334 (+161.6%), from €207 to €541
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 | €261,837 | €199,038 | -€62,799 | -24.0% |
| Fixed assets | 21/28 | €186,587 | €178,311 | -€8,276 | -4.4% |
| Tangible fixed assets | 22/27 | €186,537 | €178,311 | -€8,226 | -4.4% |
| Land and buildings | 22 | €186,537 | €178,311 | -€8,226 | -4.4% |
| Financial fixed assets | 28 | €50 | €0 | -€50 | -100.0% |
| Current assets | 29/58 | €75,250 | €20,727 | -€54,523 | -72.5% |
| Amounts receivable within one year | 40/41 | €75,238 | €20,665 | -€54,573 | -72.5% |
| Other amounts receivable | 41 | €75,238 | €20,665 | -€54,573 | -72.5% |
| Cash at bank and in hand | 54/58 | €12 | €62 | +€50 | +415.0% |
| Total equity and liabilities | 10/49 | €261,837 | €199,038 | -€62,799 | -24.0% |
| Equity | 10/15 | €207,538 | €197,470 | -€10,068 | -4.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,859 | €7,320 | +€5,461 | +293.7% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100.0% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100.0% |
| Tax-exempt reserves | 132 | - | €5,461 | +€5,461 | |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €87,087 | €71,558 | -€15,529 | -17.8% |
| Amounts payable | 17/49 | €54,299 | €1,568 | -€52,731 | -97.1% |
| Amounts payable within one year | 42/48 | €54,299 | €1,568 | -€52,731 | -97.1% |
| Trade debts | 44 | €503 | €0 | -€503 | -100.0% |
| Suppliers | 440/4 | €503 | €0 | -€503 | -100.0% |
| Taxes, remuneration and social security | 45 | €25 | €1,568 | +€1,543 | +6270.9% |
| Taxes | 450/3 | €25 | €1,568 | +€1,543 | +6270.9% |
| Other amounts payable | 47/48 | €53,771 | €0 | -€53,771 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,721 | €8,226 | -€2,495 | -23.3% |
| Other operating charges | 640/8 | €4,926 | €50 | -€4,876 | -99.0% |
| Non-recurring operating charges | 66A | - | €5,108 | +€5,108 | |
| Gross operating margin | 9900 | -€1,647 | €2,293 | +€3,940 | |
| Operating profit (loss) | 9901 | -€17,293 | -€11,090 | +€6,203 | +35.9% |
| Financial income | 75/76B | €0 | €1,563 | +€1,563 | +3906800.0% |
| Recurring financial income | 75 | €0 | €1,563 | +€1,563 | +3906800.0% |
| Financial charges | 65/66B | €207 | €541 | +€334 | +161.6% |
| Recurring financial charges | 65 | €207 | €541 | +€334 | +161.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,500 | -€10,068 | +€7,432 | +42.5% |
| Profit (loss) for the period | 9904 | -€17,500 | -€10,068 | +€7,432 | +42.5% |
| Transfer to tax-exempt reserves | 689 | - | €5,461 | +€5,461 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,500 | -€15,529 | +€1,971 | +11.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.