Trovatello: 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.
Trovatello
Largest movements
- Cash +€13,788
up €13,788 (+1,093%), from €1,262 to €15,050
mainly Trade debts (+€29,587) and Depreciation (+€20,462)
- Tangible fixed assets -€6,730
down €6,730 (-9.9%), from €68,240 to €61,510
- Intangible fixed assets -€4,000
down €4,000 (-16.7%), from €24,000 to €20,000
- Deferred charges and accrued income +€1,705
up €1,705 (+132%), from €1,295 to €3,000
- Receivables within one year +€1,234
up €1,234 (+68.7%), from €1,795 to €3,029
of which Trade receivables: +€3,029
- Trade debts +€29,587
up €29,587 (+62.7%), from €47,217 to €76,804
- Debts after one year -€20,149
down €20,149 (-52.2%), from €38,587 to €18,438
- Other debts -€13,850
down €13,850 (-68.0%), from €20,356 to €6,506
- Profit (loss) carried forward +€7,920
up €7,920 (+12.8%), from -€61,825 to -€53,905
- Tax, wage and social debts +€7,572
up €7,572 (+87.9%), from €8,610 to €16,182
of which Remuneration and social security: +€6,678
- Gross operating margin +€96,038
up €96,038 (+279%), from €34,473 to €130,511
- Staff costs +€39,642
up €39,642 (+74.1%), from €53,480 to €93,122
- Depreciation -€4,812
down €4,812 (-19.0%), from €25,274 to €20,462
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,837 | €110,947 | +€7,110 | +6.8% |
| Fixed assets | 21/28 | €95,795 | €85,262 | -€10,533 | -11.0% |
| Intangible fixed assets | 21 | €24,000 | €20,000 | -€4,000 | -16.7% |
| Tangible fixed assets | 22/27 | €68,240 | €61,510 | -€6,730 | -9.9% |
| Furniture and vehicles | 24 | €68,240 | €61,510 | -€6,730 | -9.9% |
| Financial fixed assets | 28 | €3,555 | €3,752 | +€197 | +5.5% |
| Current assets | 29/58 | €8,042 | €25,685 | +€17,643 | +219% |
| Stocks and contracts in progress | 3 | €3,690 | €4,606 | +€916 | +24.8% |
| Stocks | 30/36 | €3,690 | €4,606 | +€916 | +24.8% |
| Amounts receivable within one year | 40/41 | €1,795 | €3,029 | +€1,234 | +68.7% |
| Trade receivables | 40 | - | €3,029 | +€3,029 | |
| Other amounts receivable | 41 | €1,795 | - | -€1,795 | |
| Cash at bank and in hand | 54/58 | €1,262 | €15,050 | +€13,788 | +1,093% |
| Deferred charges and accrued income | 490/1 | €1,295 | €3,000 | +€1,705 | +132% |
| Total equity and liabilities | 10/49 | €103,837 | €110,947 | +€7,110 | +6.8% |
| Equity | 10/15 | -€53,750 | -€45,830 | +€7,920 | +14.7% |
| Contributions | 10/11 | €6,220 | €6,220 | = | 0.0% |
| Capital | 10 | €6,220 | €6,220 | = | 0.0% |
| Issued capital | 100 | €18,570 | €18,570 | = | 0.0% |
| Uncalled capital | 101 | €12,350 | €12,350 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,825 | -€53,905 | +€7,920 | +12.8% |
| Amounts payable | 17/49 | €157,587 | €156,777 | -€810 | -0.5% |
| Amounts payable after more than one year | 17 | €38,587 | €18,438 | -€20,149 | -52.2% |
| Financial debts | 170/4 | €38,587 | €18,438 | -€20,149 | -52.2% |
| Amounts payable within one year | 42/48 | €116,895 | €133,518 | +€16,623 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €21,275 | €21,415 | +€140 | +0.7% |
| Financial debts | 43 | €19,437 | €12,611 | -€6,826 | -35.1% |
| Credit institutions | 430/8 | €19,437 | €12,611 | -€6,826 | -35.1% |
| Trade debts | 44 | €47,217 | €76,804 | +€29,587 | +62.7% |
| Suppliers | 440/4 | €47,217 | €76,804 | +€29,587 | +62.7% |
| Taxes, remuneration and social security | 45 | €8,610 | €16,182 | +€7,572 | +87.9% |
| Taxes | 450/3 | €273 | €1,167 | +€894 | +327% |
| Remuneration and social security | 454/9 | €8,337 | €15,015 | +€6,678 | +80.1% |
| Other amounts payable | 47/48 | €20,356 | €6,506 | -€13,850 | -68.0% |
| Accrued charges and deferred income | 492/3 | €2,105 | €4,821 | +€2,716 | +129% |
| Non-recurring operating income | 76A | €13,524 | €3,718 | -€9,806 | -72.5% |
| Remuneration, social security and pensions | 62 | €53,480 | €93,122 | +€39,642 | +74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,274 | €20,462 | -€4,812 | -19.0% |
| Other operating charges | 640/8 | €2,625 | €1,589 | -€1,036 | -39.5% |
| Non-recurring operating charges | 66A | €5,926 | €2,304 | -€3,622 | -61.1% |
| Gross operating margin | 9900 | €34,473 | €130,511 | +€96,038 | +279% |
| Operating profit (loss) | 9901 | -€52,832 | €13,034 | +€65,866 | |
| Financial income | 75/76B | - | €143 | +€143 | |
| Recurring financial income | 75 | - | €143 | +€143 | |
| Financial charges | 65/66B | €4,210 | €5,202 | +€992 | +23.6% |
| Recurring financial charges | 65 | €4,210 | €5,202 | +€992 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | -€57,042 | €7,975 | +€65,017 | |
| Income taxes | 67/77 | €106 | €56 | -€50 | -47.2% |
| Profit (loss) for the period | 9904 | -€57,148 | €7,919 | +€65,067 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,148 | €7,919 | +€65,067 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.