TROQUAY CONSTRUCTION: 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.
TROQUAY CONSTRUCTION
Largest movements
- Cash -€2,015
down €2,015 (-8.5%), from €23,755 to €21,739
mainly Other debts (-€9,656) and Investment in fixed assets (net) (-€1,290)
- Tangible fixed assets -€1,534
down €1,534 (-25.1%), from €6,111 to €4,577
of which Plant, machinery and equipment: -€1,088
- Other debts -€9,656
down €9,656 (-51.6%), from €18,730 to €9,073
- Reserves +€6,350
up €6,350 (+87.0%), from €7,300 to €13,650
- Trade debts -€503
down €503 (-81.5%), from €617 to €114
- Tax, wage and social debts -€357
no longer reported in 2025 (was €357)
- Gross operating margin +€8,152
up €8,152 (+151%), from €5,396 to €13,548
- Taxes +€2,614
up €2,614 (+732%), from €357 to €2,972
- Depreciation +€278
up €278 (+10.0%), from €2,781 to €3,058
- Other operating charges +€266
up €266 (+42.1%), from €631 to €897
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 | €31,601 | €27,505 | -€4,095 | -13.0% |
| Formation expenses | 20 | €442 | €230 | -€212 | -48.0% |
| Fixed assets | 21/28 | €6,133 | €4,577 | -€1,556 | -25.4% |
| Tangible fixed assets | 22/27 | €6,111 | €4,577 | -€1,534 | -25.1% |
| Plant, machinery and equipment | 23 | €5,219 | €4,131 | -€1,088 | -20.8% |
| Furniture and vehicles | 24 | €892 | €446 | -€446 | -50.0% |
| Financial fixed assets | 28 | €22 | - | -€22 | |
| Current assets | 29/58 | €25,026 | €22,699 | -€2,327 | -9.3% |
| Amounts receivable within one year | 40/41 | €1,271 | €959 | -€312 | -24.5% |
| Other amounts receivable | 41 | €1,271 | €959 | -€312 | -24.5% |
| Cash at bank and in hand | 54/58 | €23,755 | €21,739 | -€2,015 | -8.5% |
| Total equity and liabilities | 10/49 | €31,601 | €27,505 | -€4,095 | -13.0% |
| Equity | 10/15 | €11,897 | €18,318 | +€6,421 | +54.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,300 | €13,650 | +€6,350 | +87.0% |
| Distributable reserves | 133 | €7,300 | €13,650 | +€6,350 | +87.0% |
| Profit (loss) carried forward | 14 | €1,597 | €1,668 | +€71 | +4.4% |
| Amounts payable | 17/49 | €19,704 | €9,188 | -€10,516 | -53.4% |
| Amounts payable within one year | 42/48 | €19,704 | €9,188 | -€10,516 | -53.4% |
| Trade debts | 44 | €617 | €114 | -€503 | -81.5% |
| Suppliers | 440/4 | €617 | €114 | -€503 | -81.5% |
| Taxes, remuneration and social security | 45 | €357 | - | -€357 | |
| Taxes | 450/3 | €357 | - | -€357 | |
| Other amounts payable | 47/48 | €18,730 | €9,073 | -€9,656 | -51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,781 | €3,058 | +€278 | +10.0% |
| Other operating charges | 640/8 | €631 | €897 | +€266 | +42.1% |
| Gross operating margin | 9900 | €5,396 | €13,548 | +€8,152 | +151% |
| Operating profit (loss) | 9901 | €1,984 | €9,593 | +€7,609 | +384% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €198 | €201 | +€2 | +1.2% |
| Recurring financial charges | 65 | €198 | €201 | +€2 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €1,786 | €9,393 | +€7,607 | +426% |
| Income taxes | 67/77 | €357 | €2,972 | +€2,614 | +732% |
| Profit (loss) for the period | 9904 | €1,429 | €6,421 | +€4,992 | +349% |
| Profit (loss) for the period to be appropriated | 9905 | €1,429 | €6,421 | +€4,992 | +349% |
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 14 October 2026 via checked.be.