TROJKA SOFTWARE: 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.
TROJKA SOFTWARE
Largest movements
- Cash +€19,286
up €19,286 (+15.7%), from €122,600 to €141,886
mainly Net result for the year (+€30,524) and Depreciation (+€6,930)
- Receivables within one year +€12,813
up €12,813 (+182%), from €7,047 to €19,860
of which Trade receivables: +€12,936
- Tangible fixed assets -€3,236
down €3,236 (-3.9%), from €82,701 to €79,464
of which Land and buildings: -€1,929
- Reserves +€28,858
up €28,858 (+23.3%), from €123,779 to €152,638
of which Distributable reserves: +€28,858
- Debts after one year -€8,000
down €8,000 (-24.5%), from €32,666 to €24,666
- Tax, wage and social debts +€4,688
up €4,688 (+92.3%), from €5,078 to €9,765
of which Taxes: +€2,521
- Gross operating margin -€6,654
down €6,654 (-11.2%), from €59,243 to €52,590
- Taxes -€3,558
down €3,558 (-23.9%), from €14,899 to €11,341
- Depreciation -€2,509
down €2,509 (-26.6%), from €9,439 to €6,930
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.
Derived cash bridge
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 | €212,348 | €241,211 | +€28,863 | +13.6% |
| Fixed assets | 21/28 | €82,701 | €79,464 | -€3,236 | -3.9% |
| Tangible fixed assets | 22/27 | €82,701 | €79,464 | -€3,236 | -3.9% |
| Land and buildings | 22 | €78,245 | €76,317 | -€1,929 | -2.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,455 | €3,148 | -€1,308 | -29.4% |
| Current assets | 29/58 | €129,647 | €161,746 | +€32,099 | +24.8% |
| Amounts receivable within one year | 40/41 | €7,047 | €19,860 | +€12,813 | +182% |
| Trade receivables | 40 | €6,924 | €19,860 | +€12,936 | +187% |
| Other amounts receivable | 41 | €123 | €0 | -€123 | -100% |
| Cash at bank and in hand | 54/58 | €122,600 | €141,886 | +€19,286 | +15.7% |
| Total equity and liabilities | 10/49 | €212,348 | €241,211 | +€28,863 | +13.6% |
| Equity | 10/15 | €142,379 | €171,238 | +€28,858 | +20.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,779 | €152,638 | +€28,858 | +23.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €121,919 | €150,778 | +€28,858 | +23.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,969 | €69,973 | +€4 | 0.0% |
| Amounts payable after more than one year | 17 | €32,666 | €24,666 | -€8,000 | -24.5% |
| Financial debts | 170/4 | €32,666 | €24,666 | -€8,000 | -24.5% |
| Amounts payable within one year | 42/48 | €36,802 | €43,247 | +€6,445 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | €8,000 | = | 0.0% |
| Trade debts | 44 | €1,077 | €2,279 | +€1,202 | +112% |
| Suppliers | 440/4 | €1,077 | €2,279 | +€1,202 | +112% |
| Taxes, remuneration and social security | 45 | €5,078 | €9,765 | +€4,688 | +92.3% |
| Taxes | 450/3 | €5,078 | €7,599 | +€2,521 | +49.6% |
| Remuneration and social security | 454/9 | - | €2,167 | +€2,167 | |
| Other amounts payable | 47/48 | €22,648 | €23,203 | +€555 | +2.5% |
| Accrued charges and deferred income | 492/3 | €500 | €2,060 | +€1,560 | +312% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,439 | €6,930 | -€2,509 | -26.6% |
| Other operating charges | 640/8 | €703 | €1,051 | +€348 | +49.4% |
| Gross operating margin | 9900 | €59,243 | €52,590 | -€6,654 | -11.2% |
| Operating profit (loss) | 9901 | €49,101 | €44,609 | -€4,492 | -9.1% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €3,303 | €2,756 | -€547 | -16.6% |
| Recurring financial charges | 65 | €3,303 | €2,756 | -€547 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €45,798 | €41,866 | -€3,932 | -8.6% |
| Income taxes | 67/77 | €14,899 | €11,341 | -€3,558 | -23.9% |
| Profit (loss) for the period | 9904 | €30,899 | €30,524 | -€375 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,899 | €30,524 | -€375 | -1.2% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.