Trone Land: 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.
Trone Land
Largest movements
- Stocks and contracts +€843,329
up €843,329 (+17.6%), from €4.8m to €5.6m
- Debts after one year +€2.0m
up €2.0m (+70.8%), from €2.9m to €4.9m
- Short-term financial debts -€1.1m
down €1.1m (-43.2%), from €2.6m to €1.5m
- Gross operating margin -€5,969
down €5,969 (-63.2%), from -€9,451 to -€15,420
- Financial income +€1,192
up €1,192 (+4.0%), from €30,084 to €31,276
- Financial charges +€1,192
up €1,192 (+4.0%), from €30,084 to €31,276
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,540,028 | €6,405,294 | +€865,266 | +15.6% |
| Current assets | 29/58 | €5,540,028 | €6,405,294 | +€865,266 | +15.6% |
| Amounts receivable after more than one year | 29 | €733,125 | €765,902 | +€32,776 | +4.5% |
| Other amounts receivable | 291 | €733,125 | €765,902 | +€32,776 | +4.5% |
| Stocks and contracts in progress | 3 | €4,792,783 | €5,636,112 | +€843,329 | +17.6% |
| Stocks | 30/36 | €4,792,783 | €5,636,112 | +€843,329 | +17.6% |
| Amounts receivable within one year | 40/41 | €384 | €2,035 | +€1,651 | +429% |
| Other amounts receivable | 41 | €384 | €2,035 | +€1,651 | +429% |
| Current investments | 50/53 | €13,735 | €1,245 | -€12,490 | -90.9% |
| Total equity and liabilities | 10/49 | €5,540,028 | €6,405,294 | +€865,266 | +15.6% |
| Equity | 10/15 | -€31,299 | -€47,717 | -€16,418 | -52.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €199 | €199 | = | 0.0% |
| Non-distributable reserves | 130/1 | €199 | €199 | = | 0.0% |
| Other | 1319 | €199 | €199 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,498 | -€52,916 | -€16,418 | -45.0% |
| Amounts payable | 17/49 | €5,571,327 | €6,453,011 | +€881,684 | +15.8% |
| Amounts payable after more than one year | 17 | €2,894,097 | €4,943,009 | +€2.0m | +70.8% |
| Other amounts payable | 178/9 | €2,894,097 | €4,943,009 | +€2.0m | +70.8% |
| Amounts payable within one year | 42/48 | €2,650,032 | €1,510,002 | -€1.1m | -43.0% |
| Financial debts | 43 | €2,640,000 | €1,500,000 | -€1.1m | -43.2% |
| Credit institutions | 430/8 | €2,640,000 | €1,500,000 | -€1.1m | -43.2% |
| Trade debts | 44 | €10,032 | €10,002 | -€30 | -0.3% |
| Suppliers | 440/4 | €10,032 | €10,002 | -€30 | -0.3% |
| Accrued charges and deferred income | 492/3 | €27,198 | - | -€27,198 | |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€9,451 | -€15,420 | -€5,969 | -63.2% |
| Operating profit (loss) | 9901 | -€10,419 | -€16,418 | -€6,000 | -57.6% |
| Financial income | 75/76B | €30,084 | €31,276 | +€1,192 | +4.0% |
| Recurring financial income | 75 | €30,084 | €31,276 | +€1,192 | +4.0% |
| Financial charges | 65/66B | €30,084 | €31,276 | +€1,192 | +4.0% |
| Recurring financial charges | 65 | €30,084 | €31,276 | +€1,192 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,419 | -€16,418 | -€6,000 | -57.6% |
| Profit (loss) for the period | 9904 | -€10,419 | -€16,418 | -€6,000 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,419 | -€16,418 | -€6,000 | -57.6% |
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 27 October 2026 via checked.be.