Trotinette: 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.
Trotinette
Largest movements
- Tangible fixed assets +€27,676
up €27,676 (+8.2%), from €335,847 to €363,523
of which Plant, machinery and equipment: +€23,718
- Cash -€17,634
down €17,634 (-60.2%), from €29,298 to €11,664
mainly Investment in fixed assets (net) (-€43,638) and Tax, wage and social debts (-€11,602)
- Reserves +€23,800
up €23,800 (+46.0%), from €51,700 to €75,500
- Tax, wage and social debts -€11,602
down €11,602 (-70.7%), from €16,415 to €4,813
of which Remuneration and social security: -€7,137
- Current portion of long-term debt +€8,432
up €8,432 (+36.8%), from €22,936 to €31,368
- Debts after one year -€6,368
down €6,368 (-3.0%), from €209,479 to €203,111
- Short-term financial debts -€4,375
no longer reported in 2025 (was €4,375)
- Staff costs +€60,785
up €60,785 (+39.8%), from €152,670 to €213,455
- Gross operating margin +€49,129
up €49,129 (+21.9%), from €224,628 to €273,758
- Taxes -€5,039
down €5,039 (-27.2%), from €18,528 to €13,488
- Depreciation +€4,151
up €4,151 (+35.1%), from €11,812 to €15,962
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 | €374,485 | €384,334 | +€9,849 | +2.6% |
| Fixed assets | 21/28 | €335,847 | €363,523 | +€27,676 | +8.2% |
| Tangible fixed assets | 22/27 | €335,847 | €363,523 | +€27,676 | +8.2% |
| Land and buildings | 22 | €335,297 | €339,255 | +€3,958 | +1.2% |
| Plant, machinery and equipment | 23 | €550 | €24,268 | +€23,718 | +4,313% |
| Current assets | 29/58 | €38,638 | €20,811 | -€17,827 | -46.1% |
| Stocks and contracts in progress | 3 | €76 | €104 | +€28 | +36.4% |
| Stocks | 30/36 | €76 | €104 | +€28 | +36.4% |
| Amounts receivable within one year | 40/41 | €9,263 | €9,043 | -€220 | -2.4% |
| Trade receivables | 40 | €4,865 | €3,448 | -€1,417 | -29.1% |
| Other amounts receivable | 41 | €4,398 | €5,594 | +€1,196 | +27.2% |
| Cash at bank and in hand | 54/58 | €29,298 | €11,664 | -€17,634 | -60.2% |
| Total equity and liabilities | 10/49 | €374,485 | €384,334 | +€9,849 | +2.6% |
| Equity | 10/15 | €58,192 | €82,022 | +€23,830 | +41.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €51,700 | €75,500 | +€23,800 | +46.0% |
| Distributable reserves | 133 | €51,700 | €75,500 | +€23,800 | +46.0% |
| Profit (loss) carried forward | 14 | €292 | €322 | +€30 | +10.2% |
| Amounts payable | 17/49 | €316,293 | €302,312 | -€13,981 | -4.4% |
| Amounts payable after more than one year | 17 | €209,479 | €203,111 | -€6,368 | -3.0% |
| Financial debts | 170/4 | €209,479 | €203,111 | -€6,368 | -3.0% |
| Amounts payable within one year | 42/48 | €106,814 | €99,201 | -€7,613 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €22,936 | €31,368 | +€8,432 | +36.8% |
| Financial debts | 43 | €4,375 | - | -€4,375 | |
| Credit institutions | 430/8 | €4,375 | - | -€4,375 | |
| Trade debts | 44 | €1,726 | €2,246 | +€519 | +30.1% |
| Suppliers | 440/4 | €1,726 | €2,246 | +€519 | +30.1% |
| Taxes, remuneration and social security | 45 | €16,415 | €4,813 | -€11,602 | -70.7% |
| Taxes | 450/3 | €5,426 | €960 | -€4,465 | -82.3% |
| Remuneration and social security | 454/9 | €10,989 | €3,852 | -€7,137 | -64.9% |
| Other amounts payable | 47/48 | €61,362 | €60,775 | -€588 | -1.0% |
| Remuneration, social security and pensions | 62 | €152,670 | €213,455 | +€60,785 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,812 | €15,962 | +€4,151 | +35.1% |
| Other operating charges | 640/8 | €2,452 | €2,517 | +€66 | +2.7% |
| Gross operating margin | 9900 | €224,628 | €273,758 | +€49,129 | +21.9% |
| Operating profit (loss) | 9901 | €57,695 | €41,823 | -€15,872 | -27.5% |
| Financial income | 75/76B | €150 | €332 | +€182 | +121% |
| Recurring financial income | 75 | €150 | €332 | +€182 | +121% |
| Financial charges | 65/66B | €4,873 | €4,837 | -€36 | -0.7% |
| Recurring financial charges | 65 | €4,873 | €4,837 | -€36 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €52,973 | €37,318 | -€15,655 | -29.6% |
| Income taxes | 67/77 | €18,528 | €13,488 | -€5,039 | -27.2% |
| Profit (loss) for the period | 9904 | €34,445 | €23,830 | -€10,615 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,445 | €23,830 | -€10,615 | -30.8% |
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.