TRODEN: 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.
TRODEN
Largest movements
- Tangible fixed assets +€25,610
up €25,610 (+979.0%), from €2,616 to €28,226
of which Furniture and vehicles: +€25,353
- Cash -€6,793
down €6,793 (-99.2%), from €6,849 to €55
mainly Investment in fixed assets (net) (-€33,136) and Deferred charges and accrued income (-€424)
- Receivables within one year -€3,233
down €3,233 (-91.4%), from €3,538 to €305
- Deferred charges and accrued income +€424
new in 2025: €424
- Profit (loss) carried forward +€8,523
up €8,523 (+91.1%), from €9,352 to €17,874
- Other debts +€4,900
new in 2025: €4,900
- Tax, wage and social debts +€1,485
up €1,485 (+63.5%), from €2,338 to €3,823
- Trade debts +€1,099
up €1,099 (+120.3%), from €913 to €2,013
- Gross operating margin +€13,199
up €13,199 (+106.6%), from €12,381 to €25,579
- Depreciation +€7,025
up €7,025 (+1403.5%), from €501 to €7,526
- Other operating charges +€4,246
new in 2025: €4,246
- Taxes +€1,485
up €1,485 (+63.5%), from €2,338 to €3,823
- Staff costs +€1,326
up €1,326 (+1949.5%), from €68 to €1,394
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 | €13,003 | €29,011 | +€16,008 | +123.1% |
| Fixed assets | 21/28 | €2,616 | €28,226 | +€25,610 | +979.0% |
| Tangible fixed assets | 22/27 | €2,616 | €28,226 | +€25,610 | +979.0% |
| Plant, machinery and equipment | 23 | €2,616 | €2,873 | +€257 | +9.8% |
| Furniture and vehicles | 24 | - | €25,353 | +€25,353 | |
| Current assets | 29/58 | €10,387 | €785 | -€9,602 | -92.4% |
| Amounts receivable within one year | 40/41 | €3,538 | €305 | -€3,233 | -91.4% |
| Other amounts receivable | 41 | €3,538 | €305 | -€3,233 | -91.4% |
| Cash at bank and in hand | 54/58 | €6,849 | €55 | -€6,793 | -99.2% |
| Deferred charges and accrued income | 490/1 | - | €424 | +€424 | |
| Total equity and liabilities | 10/49 | €13,003 | €29,011 | +€16,008 | +123.1% |
| Equity | 10/15 | €9,352 | €17,874 | +€8,523 | +91.1% |
| Profit (loss) carried forward | 14 | €9,352 | €17,874 | +€8,523 | +91.1% |
| Amounts payable | 17/49 | €3,651 | €11,136 | +€7,485 | +205.0% |
| Amounts payable within one year | 42/48 | €3,651 | €11,136 | +€7,485 | +205.0% |
| Trade debts | 44 | €913 | €2,013 | +€1,099 | +120.3% |
| Suppliers | 440/4 | €913 | €2,013 | +€1,099 | +120.3% |
| Advances received on contracts in progress | 46 | €400 | €400 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,338 | €3,823 | +€1,485 | +63.5% |
| Taxes | 450/3 | €2,338 | €3,823 | +€1,485 | +63.5% |
| Other amounts payable | 47/48 | - | €4,900 | +€4,900 | |
| Remuneration, social security and pensions | 62 | €68 | €1,394 | +€1,326 | +1949.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €501 | €7,526 | +€7,025 | +1403.5% |
| Other operating charges | 640/8 | - | €4,246 | +€4,246 | |
| Gross operating margin | 9900 | €12,381 | €25,579 | +€13,199 | +106.6% |
| Operating profit (loss) | 9901 | €11,812 | €12,414 | +€602 | +5.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €123 | €68 | -€55 | -44.4% |
| Recurring financial charges | 65 | €123 | €68 | -€55 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | €11,689 | €12,346 | +€657 | +5.6% |
| Income taxes | 67/77 | €2,338 | €3,823 | +€1,485 | +63.5% |
| Profit (loss) for the period | 9904 | €9,352 | €8,523 | -€829 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,352 | €8,523 | -€829 | -8.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.