TROUGOUT: 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.
TROUGOUT
Largest movements
- Cash -€967
down €967 (-21.1%), from €4,580 to €3,613
- Tangible fixed assets -€492
no longer reported in 2025 (was €492)
- Stocks and contracts +€463
up €463 (+18.1%), from €2,558 to €3,021
- Deferred charges and accrued income -€153
no longer reported in 2025 (was €153)
- Profit (loss) carried forward +€12,439
up €12,439 (+16.6%), from -€74,932 to -€62,492
- Trade debts -€7,587
down €7,587 (-20.9%), from €36,332 to €28,745
- Tax, wage and social debts -€6,626
down €6,626 (-48.4%), from €13,700 to €7,074
of which Remuneration and social security: -€9,905
- Accrued charges and deferred income +€5,600
new in 2025: €5,600
- Other debts -€4,923
down €4,923 (-20.9%), from €23,511 to €18,589
- Gross operating margin +€7,703
up €7,703 (+389%), from €1,981 to €9,684
- Other operating charges -€933
down €933 (-65.5%), from €1,423 to €491
- Depreciation -€767
no longer reported in 2025 (was €767)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,012 | €9,916 | -€1,096 | -9.9% |
| Fixed assets | 21/28 | €492 | - | -€492 | |
| Tangible fixed assets | 22/27 | €492 | - | -€492 | |
| Furniture and vehicles | 24 | €492 | - | -€492 | |
| Current assets | 29/58 | €10,520 | €9,916 | -€603 | -5.7% |
| Stocks and contracts in progress | 3 | €2,558 | €3,021 | +€463 | +18.1% |
| Stocks | 30/36 | €2,558 | €3,021 | +€463 | +18.1% |
| Amounts receivable within one year | 40/41 | €3,229 | €3,282 | +€53 | +1.6% |
| Other amounts receivable | 41 | €3,229 | €3,282 | +€53 | +1.6% |
| Cash at bank and in hand | 54/58 | €4,580 | €3,613 | -€967 | -21.1% |
| Deferred charges and accrued income | 490/1 | €153 | - | -€153 | |
| Total equity and liabilities | 10/49 | €11,012 | €9,916 | -€1,096 | -9.9% |
| Equity | 10/15 | -€62,532 | -€50,092 | +€12,439 | +19.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | -€74,932 | -€62,492 | +€12,439 | +16.6% |
| Amounts payable | 17/49 | €73,544 | €60,009 | -€13,535 | -18.4% |
| Amounts payable within one year | 42/48 | €73,544 | €54,409 | -€19,135 | -26.0% |
| Trade debts | 44 | €36,332 | €28,745 | -€7,587 | -20.9% |
| Suppliers | 440/4 | €36,332 | €28,745 | -€7,587 | -20.9% |
| Taxes, remuneration and social security | 45 | €13,700 | €7,074 | -€6,626 | -48.4% |
| Taxes | 450/3 | €3,795 | €7,074 | +€3,279 | +86.4% |
| Remuneration and social security | 454/9 | €9,905 | - | -€9,905 | |
| Other amounts payable | 47/48 | €23,511 | €18,589 | -€4,923 | -20.9% |
| Accrued charges and deferred income | 492/3 | - | €5,600 | +€5,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €767 | - | -€767 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €79 | +€79 | |
| Other operating charges | 640/8 | €1,423 | €491 | -€933 | -65.5% |
| Gross operating margin | 9900 | €1,981 | €9,684 | +€7,703 | +389% |
| Operating profit (loss) | 9901 | -€209 | €9,114 | +€9,323 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €136 | €163 | +€27 | +19.6% |
| Recurring financial charges | 65 | €136 | €163 | +€27 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | -€346 | €8,951 | +€9,297 | |
| Profit (loss) for the period | 9904 | -€346 | €8,951 | +€9,297 | |
| Profit (loss) for the period to be appropriated | 9905 | -€346 | €8,951 | +€9,297 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.