TROOSTWIJK: 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.
What changed
TROOSTWIJK
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€579,511
2024 · €658,970-€79,459
Equity
€6.4m
2024 · €6.4m-€79,459
Cash
€2.2m
2024 · €1.5m+€745,876
Balance sheet total
€8.5m
2024 · €8.6m-€134,453
Largest movements
Assets
- Financial fixed assets -€1.3m
down €1.3m (-26.9%), from €4.9m to €3.6m
of which Affiliated companies: -€1.3m
- Cash +€745,876
up €745,876 (+49.7%), from €1.5m to €2.2m
mainly Investment in fixed assets (net) (+€1.1m) and Net result for the year (+€579,511)
- Receivables within one year +€346,049
up €346,049 (+21.4%), from €1.6m to €2.0m
of which Other amounts receivable: +€641,082
- Tangible fixed assets +€109,159
up €109,159 (+19.8%), from €550,190 to €659,349
of which Plant, machinery and equipment: +€204,339
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Services and other goods -€4.2m
down €4.2m (-50.8%), from €8.3m to €4.1m
- Turnover -€3.1m
down €3.1m (-25.9%), from €12.0m to €8.9m
- Staff costs +€1.1m
up €1.1m (+33.0%), from €3.3m to €4.4m
- Other operating income +€125,755
up €125,755 (+85.1%), from €147,780 to €273,535
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.
Result 2024
€658,970
Turnover
-€3.1m
Other operating income
+€125,755
Goods and materials
-€15,256
Services and other goods
+€4.2m
Staff costs
-€1.1m
Depreciation
-€497
Write-downs
-€22,751
Other operating charges
+€16,696
Other operating items
-€10,332
Financial income
-€65,243
Financial charges
-€23,379
Taxes
-€107,896
Result 2025
€579,511
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.
From operations
+€341,230
Investment
+€1.1m
Financing
-€658,970
Cash 2024
€1.5m
From operations (derived)
+€341,230
Net result for the year
+€579,511
Depreciation
+€141,623
Receivables within one year
-€346,049
Deferred charges and accrued income
+€21,139
Trade debts
+€5,655
Tax, wage and social debts
-€62,739
Accrued charges and deferred income
+€2,091
Investment (derived)
+€1.1m
Investment in fixed assets (net)
+€1.1m
Financing
-€658,970
Contributions, distributions and other
-€658,970
Cash 2025
€2.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,585,059 | €8,450,606 | -€134,453 | -1.6% |
| Fixed assets | 21/28 | €5,434,752 | €4,229,513 | -€1.2m | -22.2% |
| Tangible fixed assets | 22/27 | €550,190 | €659,349 | +€109,159 | +19.8% |
| Plant, machinery and equipment | 23 | €174,346 | €378,685 | +€204,339 | +117.2% |
| Furniture and vehicles | 24 | €96,883 | €182,734 | +€85,851 | +88.6% |
| Other tangible fixed assets | 26 | €278,962 | €97,930 | -€181,032 | -64.9% |
| Financial fixed assets | 28 | €4,884,562 | €3,570,164 | -€1.3m | -26.9% |
| Affiliated companies | 280/1 | €4,812,052 | €3,501,000 | -€1.3m | -27.2% |
| Participating interests | 280 | €4,812,052 | €3,501,000 | -€1.3m | -27.2% |
| Other financial fixed assets | 284/8 | €72,510 | €69,164 | -€3,346 | -4.6% |
| Amounts receivable and cash guarantees | 285/8 | €72,510 | €69,164 | -€3,346 | -4.6% |
| Current assets | 29/58 | €3,150,307 | €4,221,093 | +€1.1m | +34.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,620,637 | €1,966,687 | +€346,049 | +21.4% |
| Trade receivables | 40 | €866,880 | €571,847 | -€295,033 | -34.0% |
| Other amounts receivable | 41 | €753,757 | €1,394,839 | +€641,082 | +85.1% |
| Cash at bank and in hand | 54/58 | €1,501,657 | €2,247,533 | +€745,876 | +49.7% |
| Deferred charges and accrued income | 490/1 | €28,012 | €6,873 | -€21,139 | -75.5% |
| Total equity and liabilities | 10/49 | €8,585,059 | €8,450,606 | -€134,453 | -1.6% |
| Equity | 10/15 | €6,445,014 | €6,365,555 | -€79,459 | -1.2% |
| Contributions | 10/11 | €5,250,000 | €5,250,000 | = | 0.0% |
| Capital | 10 | €5,250,000 | €5,250,000 | = | 0.0% |
| Issued capital | 100 | €5,250,000 | €5,250,000 | = | 0.0% |
| Reserves | 13 | €536,044 | €536,044 | = | 0.0% |
| Non-distributable reserves | 130/1 | €525,000 | €525,000 | = | 0.0% |
| Legal reserve | 130 | €525,000 | €525,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,044 | €11,044 | = | 0.0% |
| Profit (loss) carried forward | 14 | €658,970 | €579,511 | -€79,459 | -12.1% |
| Amounts payable | 17/49 | €2,140,045 | €2,085,051 | -€54,994 | -2.6% |
| Amounts payable within one year | 42/48 | €2,140,045 | €2,082,961 | -€57,084 | -2.7% |
| Trade debts | 44 | €1,136,790 | €1,142,445 | +€5,655 | +0.5% |
| Suppliers | 440/4 | €1,136,790 | €1,142,445 | +€5,655 | +0.5% |
| Taxes, remuneration and social security | 45 | €1,003,254 | €940,515 | -€62,739 | -6.3% |
| Taxes | 450/3 | €560,246 | €143,016 | -€417,230 | -74.5% |
| Remuneration and social security | 454/9 | €443,008 | €797,499 | +€354,491 | +80.0% |
| Accrued charges and deferred income | 492/3 | €0 | €2,091 | +€2,091 | |
| Operating income | 70/76A | €12,121,631 | €9,145,068 | -€3.0m | -24.6% |
| Turnover | 70 | €11,973,850 | €8,867,623 | -€3.1m | -25.9% |
| Other operating income | 74 | €147,780 | €273,535 | +€125,755 | +85.1% |
| Non-recurring operating income | 76A | - | €3,910 | +€3,910 | |
| Operating charges | 60/66A | €11,768,497 | €8,674,876 | -€3.1m | -26.3% |
| Goods for resale, raw materials and consumables | 60 | - | €15,256 | +€15,256 | |
| Purchases | 600/8 | - | €15,256 | +€15,256 | |
| Services and other goods | 61 | €8,285,863 | €4,076,369 | -€4.2m | -50.8% |
| Remuneration, social security and pensions | 62 | €3,271,300 | €4,351,124 | +€1.1m | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,126 | €141,623 | +€497 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,744 | €20,007 | +€22,751 | |
| Other operating charges | 640/8 | €72,951 | €56,255 | -€16,696 | -22.9% |
| Non-recurring operating charges | 66A | - | €14,242 | +€14,242 | |
| Operating profit (loss) | 9901 | €353,134 | €470,192 | +€117,058 | +33.1% |
| Financial income | 75/76B | €521,701 | €456,459 | -€65,243 | -12.5% |
| Recurring financial income | 75 | €521,701 | €456,459 | -€65,243 | -12.5% |
| Income from financial fixed assets | 750 | €432,052 | €456,000 | +€23,948 | +5.5% |
| Income from current assets | 751 | €89,007 | €428 | -€88,578 | -99.5% |
| Other financial income | 752/9 | €643 | €30 | -€612 | -95.3% |
| Financial charges | 65/66B | €2,345 | €25,724 | +€23,379 | +997.2% |
| Recurring financial charges | 65 | €2,345 | €13,672 | +€11,327 | +483.1% |
| Debt charges | 650 | €0 | - | = | |
| Other financial charges | 652/9 | €2,345 | €13,672 | +€11,327 | +483.1% |
| Non-recurring financial charges | 66B | - | €12,052 | +€12,052 | |
| Profit (loss) for the period before taxes | 9903 | €872,490 | €900,927 | +€28,437 | +3.3% |
| Income taxes | 67/77 | €213,520 | €321,415 | +€107,896 | +50.5% |
| Taxes | 670/3 | €213,520 | €321,415 | +€107,896 | +50.5% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €658,970 | €579,511 | -€79,459 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €658,970 | €579,511 | -€79,459 | -12.1% |
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.