TRON BG: 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.
TRON BG
Largest movements
- Tangible fixed assets -€20,710
down €20,710 (-7.1%), from €292,815 to €272,105
of which Land and buildings: -€17,000
- Cash +€3,586
up €3,586 (+34.4%), from €10,412 to €13,998
mainly Depreciation (+€20,710) and Net result for the year (+€7,115)
- Deferred charges and accrued income -€3,082
down €3,082 (-94.2%), from €3,270 to €188
- Debts after one year -€27,829
down €27,829 (-15.1%), from €184,202 to €156,373
- Reserves +€4,549
new in 2025: €4,549
- Turnover -€3,914
down €3,914 (-8.3%), from €47,076 to €43,162
- Gross operating margin -€2,184
down €2,184 (-5.1%), from €42,723 to €40,539
- Purchases and services -€1,731
down €1,731 (-39.8%), from €4,354 to €2,623
- Taxes +€1,656
new in 2025: €1,656
- Financial charges -€706
down €706 (-11.4%), from €6,186 to €5,480
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 | €306,497 | €286,292 | -€20,205 | -6.6% |
| Fixed assets | 21/28 | €292,815 | €272,105 | -€20,710 | -7.1% |
| Tangible fixed assets | 22/27 | €292,815 | €272,105 | -€20,710 | -7.1% |
| Land and buildings | 22 | €264,000 | €247,000 | -€17,000 | -6.4% |
| Plant, machinery and equipment | 23 | €28,815 | €25,105 | -€3,710 | -12.9% |
| Current assets | 29/58 | €13,682 | €14,187 | +€505 | +3.7% |
| Cash at bank and in hand | 54/58 | €10,412 | €13,998 | +€3,586 | +34.4% |
| Deferred charges and accrued income | 490/1 | €3,270 | €188 | -€3,082 | -94.2% |
| Total equity and liabilities | 10/49 | €306,497 | €286,292 | -€20,205 | -6.6% |
| Equity | 10/15 | €16,034 | €23,149 | +€7,115 | +44.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €4,549 | +€4,549 | |
| Distributable reserves | 133 | - | €4,549 | +€4,549 | |
| Profit (loss) carried forward | 14 | -€2,566 | - | +€2,566 | |
| Amounts payable | 17/49 | €290,463 | €263,143 | -€27,321 | -9.4% |
| Amounts payable after more than one year | 17 | €184,202 | €156,373 | -€27,829 | -15.1% |
| Financial debts | 170/4 | €184,202 | €156,373 | -€27,829 | -15.1% |
| Amounts payable within one year | 42/48 | €103,557 | €106,770 | +€3,213 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €27,089 | €27,829 | +€741 | +2.7% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | - | €1,656 | +€1,656 | |
| Taxes | 450/3 | - | €1,656 | +€1,656 | |
| Other amounts payable | 47/48 | €76,468 | €76,885 | +€417 | +0.5% |
| Accrued charges and deferred income | 492/3 | €2,705 | - | -€2,705 | |
| Turnover | 70 | €47,076 | €43,162 | -€3,914 | -8.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,354 | €2,623 | -€1,731 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,710 | €20,710 | = | 0.0% |
| Other operating charges | 640/8 | €5,408 | €5,578 | +€170 | +3.1% |
| Gross operating margin | 9900 | €42,723 | €40,539 | -€2,184 | -5.1% |
| Operating profit (loss) | 9901 | €16,605 | €14,251 | -€2,354 | -14.2% |
| Financial charges | 65/66B | €6,186 | €5,480 | -€706 | -11.4% |
| Recurring financial charges | 65 | €6,186 | €5,480 | -€706 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €10,419 | €8,771 | -€1,647 | -15.8% |
| Income taxes | 67/77 | - | €1,656 | +€1,656 | |
| Profit (loss) for the period | 9904 | €10,419 | €7,115 | -€3,303 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,419 | €7,115 | -€3,303 | -31.7% |
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 18 October 2026 via checked.be.