TROVATIMMO: 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.
TROVATIMMO
Largest movements
- Tangible fixed assets -€510,034
down €510,034 (-16.3%), from €3.1m to €2.6m
of which Land and buildings: -€505,340
- Receivables within one year +€105,700
new in 2024: €105,700
- Deferred charges and accrued income -€99,380
down €99,380 (-38.2%), from €260,347 to €160,967
- Debts after one year -€679,713
down €679,713 (-37.8%), from €1.8m to €1.1m
of which Financial debts: -€679,713
- Profit (loss) carried forward +€449,836
up €449,836, from -€172,600 to €277,236
- Other debts -€328,601
down €328,601 (-20.9%), from €1.6m to €1.2m
- Tax, wage and social debts +€119,723
new in 2024: €119,723
- Current portion of long-term debt -€53,124
down €53,124 (-31.6%), from €168,148 to €115,024
- Gross operating margin +€560,627
up €560,627 (+356%), from €157,626 to €718,252
- Taxes +€148,033
new in 2024: €148,033
- Other operating charges -€49,070
no longer reported in 2024 (was €49,070)
- Depreciation -€23,229
down €23,229 (-22.0%), from €105,668 to €82,439
- Financial charges -€16,170
down €16,170 (-26.4%), from €61,231 to €45,061
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 | €3,396,763 | €2,910,239 | -€486,525 | -14.3% |
| Fixed assets | 21/28 | €3,136,417 | €2,626,382 | -€510,034 | -16.3% |
| Tangible fixed assets | 22/27 | €3,136,417 | €2,626,382 | -€510,034 | -16.3% |
| Land and buildings | 22 | €3,127,754 | €2,622,415 | -€505,340 | -16.2% |
| Plant, machinery and equipment | 23 | €1,314 | €985 | -€328 | -25.0% |
| Furniture and vehicles | 24 | €7,349 | €2,982 | -€4,366 | -59.4% |
| Current assets | 29/58 | €260,347 | €283,857 | +€23,510 | +9.0% |
| Amounts receivable within one year | 40/41 | - | €105,700 | +€105,700 | |
| Trade receivables | 40 | - | €105,700 | +€105,700 | |
| Cash at bank and in hand | 54/58 | - | €17,189 | +€17,189 | |
| Deferred charges and accrued income | 490/1 | €260,347 | €160,967 | -€99,380 | -38.2% |
| Total equity and liabilities | 10/49 | €3,396,763 | €2,910,239 | -€486,525 | -14.3% |
| Equity | 10/15 | -€147,600 | €302,236 | +€449,836 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,600 | €277,236 | +€449,836 | |
| Amounts payable | 17/49 | €3,544,363 | €2,608,003 | -€936,361 | -26.4% |
| Amounts payable after more than one year | 17 | €1,798,813 | €1,119,100 | -€679,713 | -37.8% |
| Financial debts | 170/4 | €1,792,213 | €1,112,500 | -€679,713 | -37.9% |
| Other amounts payable | 178/9 | €6,600 | €6,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,745,550 | €1,488,903 | -€256,647 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €168,148 | €115,024 | -€53,124 | -31.6% |
| Financial debts | 43 | €1,540 | - | -€1,540 | |
| Credit institutions | 430/8 | €1,540 | - | -€1,540 | |
| Trade debts | 44 | €577 | €7,471 | +€6,894 | +1,194% |
| Suppliers | 440/4 | €577 | €7,471 | +€6,894 | +1,194% |
| Taxes, remuneration and social security | 45 | - | €119,723 | +€119,723 | |
| Taxes | 450/3 | - | €119,723 | +€119,723 | |
| Other amounts payable | 47/48 | €1,575,285 | €1,246,685 | -€328,601 | -20.9% |
| Non-recurring operating income | 76A | €94,955 | - | -€94,955 | |
| Remuneration, social security and pensions | 62 | - | €4,466 | +€4,466 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,668 | €82,439 | -€23,229 | -22.0% |
| Other operating charges | 640/8 | €49,070 | - | -€49,070 | |
| Non-recurring operating charges | 66A | €174 | €116 | -€58 | -33.3% |
| Gross operating margin | 9900 | €157,626 | €718,252 | +€560,627 | +356% |
| Operating profit (loss) | 9901 | €2,713 | €631,232 | +€628,518 | +23,163% |
| Financial income | 75/76B | - | €11,698 | +€11,698 | |
| Recurring financial income | 75 | - | €11,698 | +€11,698 | |
| Financial charges | 65/66B | €61,231 | €45,061 | -€16,170 | -26.4% |
| Recurring financial charges | 65 | €61,231 | €45,061 | -€16,170 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | -€58,518 | €597,869 | +€656,387 | |
| Income taxes | 67/77 | - | €148,033 | +€148,033 | |
| Profit (loss) for the period | 9904 | -€58,518 | €449,836 | +€508,354 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,518 | €449,836 | +€508,354 |
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 18 October 2026 via checked.be.