TROUCHAU: what changed
Two fiscal 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
TROUCHAU
NACE 96.301, Funeral services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€78,335
2024 · €179,661-€101,325
Equity
€1.1m
2024 · €1.2m-€39,133
Cash
€297,493
2024 · €302,208-€4,714
Balance sheet total
€1.3m
2024 · €1.3m-€48,253
Largest movements
Assets
- Tangible fixed assets -€28,090
down €28,090 (-15.1%), from €185,415 to €157,325
of which Land and buildings: -€20,602
- Stocks and contracts -€21,246
down €21,246 (-38.1%), from €55,838 to €34,591
Equity and liabilities
- Reserves -€39,133
down €39,133 (-3.7%), from €1.1m to €1.0m
of which Distributable reserves: -€39,133
Income statement
- Gross operating margin -€125,942
down €125,942 (-34.8%), from €361,665 to €235,723
- Taxes -€46,576
down €46,576 (-61.3%), from €76,004 to €29,427
- Staff costs +€24,953
up €24,953 (+39.8%), from €62,666 to €87,619
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
€179,661
Gross operating margin
-€125,942
Staff costs
-€24,953
Depreciation
+€1,587
Other operating charges
+€20
Financial income
-€758
Financial charges
+€2,145
Taxes
+€46,576
Result 2025
€78,335
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
+€122,033
Investment
-€2,814
Financing
-€123,934
Cash 2024
€302,208
From operations (derived)
+€122,033
Net result for the year
+€78,335
Depreciation
+€32,283
Stocks and contracts
+€21,246
Receivables within one year
-€6,959
Smaller working-capital items
-€227
Trade debts
+€443
Tax, wage and social debts
-€3,088
Investment (derived)
-€2,814
Investment in fixed assets (net)
-€2,814
Financing
-€123,934
Debts after one year
-€4,334
Current portion of long-term debt
-€2,132
Contributions, distributions and other
-€117,468
Cash 2025
€297,493
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,320,454 | €1,272,201 | -€48,253 | -3.7% |
| Fixed assets | 21/28 | €194,828 | €165,358 | -€29,470 | -15.1% |
| Intangible fixed assets | 21 | €4,813 | €3,433 | -€1,380 | -28.7% |
| Tangible fixed assets | 22/27 | €185,415 | €157,325 | -€28,090 | -15.1% |
| Land and buildings | 22 | €159,583 | €138,981 | -€20,602 | -12.9% |
| Plant, machinery and equipment | 23 | €12,908 | €10,782 | -€2,126 | -16.5% |
| Furniture and vehicles | 24 | €12,924 | €7,562 | -€5,361 | -41.5% |
| Financial fixed assets | 28 | €4,600 | €4,600 | = | 0.0% |
| Current assets | 29/58 | €1,125,626 | €1,106,843 | -€18,783 | -1.7% |
| Stocks and contracts in progress | 3 | €55,838 | €34,591 | -€21,246 | -38.1% |
| Stocks | 30/36 | €55,838 | €34,591 | -€21,246 | -38.1% |
| Amounts receivable within one year | 40/41 | €58,276 | €65,235 | +€6,959 | +11.9% |
| Trade receivables | 40 | €10,691 | €26,375 | +€15,683 | +146.7% |
| Other amounts receivable | 41 | €47,585 | €38,861 | -€8,724 | -18.3% |
| Current investments | 50/53 | €700,000 | €700,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €302,208 | €297,493 | -€4,714 | -1.6% |
| Deferred charges and accrued income | 490/1 | €9,305 | €9,523 | +€218 | +2.3% |
| Total equity and liabilities | 10/49 | €1,320,454 | €1,272,201 | -€48,253 | -3.7% |
| Equity | 10/15 | €1,170,013 | €1,130,880 | -€39,133 | -3.3% |
| Contributions | 10/11 | €112,839 | €112,839 | = | 0.0% |
| Capital | 10 | €112,839 | €112,839 | = | 0.0% |
| Issued capital | 100 | €112,839 | €112,839 | = | 0.0% |
| Reserves | 13 | €1,057,174 | €1,018,041 | -€39,133 | -3.7% |
| Non-distributable reserves | 130/1 | €11,284 | €11,284 | = | 0.0% |
| Legal reserve | 130 | €11,284 | €11,284 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,467 | €5,467 | = | 0.0% |
| Distributable reserves | 133 | €1,040,423 | €1,001,290 | -€39,133 | -3.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €150,441 | €141,321 | -€9,120 | -6.1% |
| Amounts payable after more than one year | 17 | €4,334 | €0 | -€4,334 | -100.0% |
| Financial debts | 170/4 | €4,334 | €0 | -€4,334 | -100.0% |
| Amounts payable within one year | 42/48 | €146,107 | €141,321 | -€4,786 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €6,466 | €4,334 | -€2,132 | -33.0% |
| Trade debts | 44 | €2,186 | €2,629 | +€443 | +20.3% |
| Suppliers | 440/4 | €2,186 | €2,629 | +€443 | +20.3% |
| Advances received on contracts in progress | 46 | €75,022 | €75,074 | +€53 | +0.1% |
| Taxes, remuneration and social security | 45 | €38,956 | €35,868 | -€3,088 | -7.9% |
| Taxes | 450/3 | €33,213 | €27,537 | -€5,676 | -17.1% |
| Remuneration and social security | 454/9 | €5,743 | €8,331 | +€2,588 | +45.1% |
| Other amounts payable | 47/48 | €23,478 | €23,417 | -€61 | -0.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €62,666 | €87,619 | +€24,953 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,870 | €32,283 | -€1,587 | -4.7% |
| Other operating charges | 640/8 | €7,833 | €7,813 | -€20 | -0.3% |
| Gross operating margin | 9900 | €361,665 | €235,723 | -€125,942 | -34.8% |
| Operating profit (loss) | 9901 | €257,296 | €108,008 | -€149,289 | -58.0% |
| Financial income | 75/76B | €1,819 | €1,061 | -€758 | -41.7% |
| Recurring financial income | 75 | €1,819 | €1,061 | -€758 | -41.7% |
| Financial charges | 65/66B | €3,451 | €1,306 | -€2,145 | -62.2% |
| Recurring financial charges | 65 | €3,451 | €1,306 | -€2,145 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €255,664 | €107,763 | -€147,902 | -57.8% |
| Income taxes | 67/77 | €76,004 | €29,427 | -€46,576 | -61.3% |
| Profit (loss) for the period | 9904 | €179,661 | €78,335 | -€101,325 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €179,661 | €78,335 | -€101,325 | -56.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.