Trodak: what changed
Two financial 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.
Trodak
Largest movements
- Receivables within one year +€11,329
up €11,329 (+13.6%), from €83,270 to €94,599
of which Other amounts receivable: +€23,654
- Cash +€5,717
up €5,717 (+63.8%), from €8,963 to €14,680
mainly Net result for the year (+€33,987) and Tax, wage and social debts (+€7,910)
- Tangible fixed assets -€1,962
down €1,962 (-14.1%), from €13,889 to €11,927
of which Furniture and vehicles: -€3,478
- Reserves +€33,987
up €33,987 (+74.6%), from €45,571 to €79,558
- Trade debts -€26,813
down €26,813 (-58.3%), from €45,965 to €19,152
- Tax, wage and social debts +€7,910
up €7,910 (+74.7%), from €10,586 to €18,496
- Gross operating margin +€33,166
up €33,166 (+70.8%), from €46,824 to €79,990
- Staff costs +€17,184
new in 2025: €17,184
- Taxes +€7,023
up €7,023 (+88.0%), from €7,977 to €15,000
- Other operating charges -€2,612
down €2,612 (-73.1%), from €3,575 to €963
- Financial charges +€1,477
up €1,477 (+27.8%), from €5,315 to €6,792
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 | €106,122 | €121,206 | +€15,084 | +14.2% |
| Fixed assets | 21/28 | €13,889 | €11,927 | -€1,962 | -14.1% |
| Tangible fixed assets | 22/27 | €13,889 | €11,927 | -€1,962 | -14.1% |
| Plant, machinery and equipment | 23 | €51 | €1,567 | +€1,516 | +2972.5% |
| Furniture and vehicles | 24 | €13,838 | €10,360 | -€3,478 | -25.1% |
| Current assets | 29/58 | €92,233 | €109,279 | +€17,046 | +18.5% |
| Amounts receivable within one year | 40/41 | €83,270 | €94,599 | +€11,329 | +13.6% |
| Trade receivables | 40 | €56,242 | €43,917 | -€12,325 | -21.9% |
| Other amounts receivable | 41 | €27,028 | €50,682 | +€23,654 | +87.5% |
| Cash at bank and in hand | 54/58 | €8,963 | €14,680 | +€5,717 | +63.8% |
| Total equity and liabilities | 10/49 | €106,122 | €121,206 | +€15,084 | +14.2% |
| Equity | 10/15 | €49,571 | €83,558 | +€33,987 | +68.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €45,571 | €79,558 | +€33,987 | +74.6% |
| Distributable reserves | 133 | €45,571 | €79,558 | +€33,987 | +74.6% |
| Amounts payable | 17/49 | €56,551 | €37,648 | -€18,903 | -33.4% |
| Amounts payable within one year | 42/48 | €56,551 | €37,648 | -€18,903 | -33.4% |
| Trade debts | 44 | €45,965 | €19,152 | -€26,813 | -58.3% |
| Suppliers | 440/4 | €45,965 | €19,152 | -€26,813 | -58.3% |
| Taxes, remuneration and social security | 45 | €10,586 | €18,496 | +€7,910 | +74.7% |
| Taxes | 450/3 | €10,586 | €18,496 | +€7,910 | +74.7% |
| Remuneration, social security and pensions | 62 | - | €17,184 | +€17,184 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,740 | €5,467 | +€727 | +15.3% |
| Other operating charges | 640/8 | €3,575 | €963 | -€2,612 | -73.1% |
| Non-recurring operating charges | 66A | - | €597 | +€597 | |
| Gross operating margin | 9900 | €46,824 | €79,990 | +€33,166 | +70.8% |
| Operating profit (loss) | 9901 | €38,509 | €55,779 | +€17,270 | +44.8% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €5,315 | €6,792 | +€1,477 | +27.8% |
| Recurring financial charges | 65 | €5,315 | €6,792 | +€1,477 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €33,199 | €48,987 | +€15,788 | +47.6% |
| Income taxes | 67/77 | €7,977 | €15,000 | +€7,023 | +88.0% |
| Profit (loss) for the period | 9904 | €25,222 | €33,987 | +€8,765 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,222 | €33,987 | +€8,765 | +34.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.