TropRose: 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.
TropRose
Largest movements
- Cash +€68,506
up €68,506 (+36.7%), from €186,903 to €255,409
mainly Other debts (+€56,166) and Net result for the year (+€15,143)
- Deferred charges and accrued income +€10,148
up €10,148 (+70.0%), from €14,496 to €24,644
- Tangible fixed assets +€6,046
up €6,046 (+23.4%), from €25,871 to €31,917
of which Furniture and vehicles: +€19,170
- Other debts +€56,166
up €56,166 (+91.4%), from €61,440 to €117,606
- Reserves +€15,143
up €15,143 (+9.1%), from €165,707 to €180,850
- Trade debts +€8,463
up €8,463 (+71.3%), from €11,867 to €20,329
- Gross operating margin +€20,713
up €20,713 (+180%), from €11,525 to €32,238
- Financial charges +€5,887
up €5,887 (+1,643%), from €358 to €6,245
- Taxes +€2,648
up €2,648 (+108%), from €2,459 to €5,107
- Depreciation +€419
up €419 (+6.0%), from €6,946 to €7,365
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 | €239,014 | €320,646 | +€81,631 | +34.2% |
| Fixed assets | 21/28 | €25,872 | €31,918 | +€6,046 | +23.4% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €25,871 | €31,917 | +€6,046 | +23.4% |
| Plant, machinery and equipment | 23 | €16,764 | €3,640 | -€13,124 | -78.3% |
| Furniture and vehicles | 24 | €9,107 | €28,277 | +€19,170 | +210% |
| Current assets | 29/58 | €213,142 | €288,727 | +€75,586 | +35.5% |
| Amounts receivable within one year | 40/41 | €11,742 | €8,674 | -€3,068 | -26.1% |
| Other amounts receivable | 41 | €11,742 | €8,674 | -€3,068 | -26.1% |
| Cash at bank and in hand | 54/58 | €186,903 | €255,409 | +€68,506 | +36.7% |
| Deferred charges and accrued income | 490/1 | €14,496 | €24,644 | +€10,148 | +70.0% |
| Total equity and liabilities | 10/49 | €239,014 | €320,646 | +€81,631 | +34.2% |
| Equity | 10/15 | €165,707 | €180,850 | +€15,143 | +9.1% |
| Reserves | 13 | €165,707 | €180,850 | +€15,143 | +9.1% |
| Distributable reserves | 133 | €165,707 | €180,850 | +€15,143 | +9.1% |
| Amounts payable | 17/49 | €73,307 | €139,796 | +€66,489 | +90.7% |
| Amounts payable within one year | 42/48 | €73,307 | €139,796 | +€66,489 | +90.7% |
| Trade debts | 44 | €11,867 | €20,329 | +€8,463 | +71.3% |
| Suppliers | 440/4 | €11,867 | €20,329 | +€8,463 | +71.3% |
| Taxes, remuneration and social security | 45 | - | €1,860 | +€1,860 | |
| Taxes | 450/3 | - | €1,860 | +€1,860 | |
| Other amounts payable | 47/48 | €61,440 | €117,606 | +€56,166 | +91.4% |
| Non-recurring operating income | 76A | - | €1,479 | +€1,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,946 | €7,365 | +€419 | +6.0% |
| Other operating charges | 640/8 | €758 | €593 | -€166 | -21.8% |
| Gross operating margin | 9900 | €11,525 | €32,238 | +€20,713 | +180% |
| Operating profit (loss) | 9901 | €3,820 | €24,281 | +€20,460 | +536% |
| Financial income | 75/76B | €1,920 | €2,214 | +€294 | +15.3% |
| Recurring financial income | 75 | €1,920 | €2,214 | +€294 | +15.3% |
| Financial charges | 65/66B | €358 | €6,245 | +€5,887 | +1,643% |
| Recurring financial charges | 65 | €358 | €6,245 | +€5,887 | +1,643% |
| Profit (loss) for the period before taxes | 9903 | €5,382 | €20,250 | +€14,868 | +276% |
| Income taxes | 67/77 | €2,459 | €5,107 | +€2,648 | +108% |
| Profit (loss) for the period | 9904 | €2,923 | €15,143 | +€12,220 | +418% |
| Profit (loss) for the period to be appropriated | 9905 | €2,923 | €15,143 | +€12,220 | +418% |
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 15 October 2026 via checked.be.