TRTR: 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.
TRTR
Largest movements
- Tangible fixed assets -€7,006
down €7,006 (-79.9%), from €8,773 to €1,767
of which Furniture and vehicles: -€8,773
- Receivables within one year +€3,242
up €3,242 (+34.5%), from €9,410 to €12,652
of which Trade receivables: +€2,797
- Cash +€1,586
up €1,586 (+6.5%), from €24,234 to €25,820
mainly Net result for the year (+€15,338) and Investment in fixed assets (net) (+€6,878)
- Reserves +€15,338
up €15,338 (+78.3%), from €19,596 to €34,934
- Trade debts -€8,278
down €8,278 (-97.4%), from €8,503 to €225
- Tax, wage and social debts -€6,477
down €6,477 (-72.6%), from €8,923 to €2,447
of which Taxes: -€4,477
- Other debts -€4,128
down €4,128 (-99.6%), from €4,145 to €17
- Accrued charges and deferred income +€1,366
up €1,366 (+546.5%), from €250 to €1,616
- Gross operating margin +€2,554
up €2,554 (+9.7%), from €26,464 to €29,018
- Depreciation -€2,505
down €2,505 (-95.1%), from €2,634 to €129
- Taxes -€836
down €836 (-15.5%), from €5,391 to €4,555
- Financial charges +€765
up €765 (+1193.0%), from €64 to €829
- Other operating charges -€465
down €465 (-28.0%), from €1,658 to €1,194
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,417 | €40,239 | -€2,178 | -5.1% |
| Fixed assets | 21/28 | €8,773 | €1,767 | -€7,006 | -79.9% |
| Tangible fixed assets | 22/27 | €8,773 | €1,767 | -€7,006 | -79.9% |
| Plant, machinery and equipment | 23 | - | €1,767 | +€1,767 | |
| Furniture and vehicles | 24 | €8,773 | - | -€8,773 | |
| Current assets | 29/58 | €33,644 | €38,472 | +€4,828 | +14.4% |
| Amounts receivable within one year | 40/41 | €9,410 | €12,652 | +€3,242 | +34.5% |
| Trade receivables | 40 | €9,410 | €12,207 | +€2,797 | +29.7% |
| Other amounts receivable | 41 | - | €445 | +€445 | |
| Cash at bank and in hand | 54/58 | €24,234 | €25,820 | +€1,586 | +6.5% |
| Total equity and liabilities | 10/49 | €42,417 | €40,239 | -€2,178 | -5.1% |
| Equity | 10/15 | €20,596 | €35,934 | +€15,338 | +74.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €19,596 | €34,934 | +€15,338 | +78.3% |
| Distributable reserves | 133 | €19,596 | €34,934 | +€15,338 | +78.3% |
| Amounts payable | 17/49 | €21,822 | €4,306 | -€17,516 | -80.3% |
| Amounts payable within one year | 42/48 | €21,572 | €2,689 | -€18,882 | -87.5% |
| Trade debts | 44 | €8,503 | €225 | -€8,278 | -97.4% |
| Suppliers | 440/4 | €8,503 | €225 | -€8,278 | -97.4% |
| Taxes, remuneration and social security | 45 | €8,923 | €2,447 | -€6,477 | -72.6% |
| Taxes | 450/3 | €6,923 | €2,447 | -€4,477 | -64.7% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €4,145 | €17 | -€4,128 | -99.6% |
| Accrued charges and deferred income | 492/3 | €250 | €1,616 | +€1,366 | +546.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,634 | €129 | -€2,505 | -95.1% |
| Other operating charges | 640/8 | €1,658 | €1,194 | -€465 | -28.0% |
| Non-recurring operating charges | 66A | - | €8,773 | +€8,773 | |
| Gross operating margin | 9900 | €26,464 | €29,018 | +€2,554 | +9.7% |
| Operating profit (loss) | 9901 | €22,172 | €18,922 | -€3,250 | -14.7% |
| Financial income | 75/76B | €1,628 | €1,800 | +€172 | +10.6% |
| Recurring financial income | 75 | €1,628 | €1,800 | +€172 | +10.6% |
| Financial charges | 65/66B | €64 | €829 | +€765 | +1193.0% |
| Recurring financial charges | 65 | €64 | €829 | +€765 | +1193.0% |
| Profit (loss) for the period before taxes | 9903 | €23,735 | €19,893 | -€3,842 | -16.2% |
| Income taxes | 67/77 | €5,391 | €4,555 | -€836 | -15.5% |
| Profit (loss) for the period | 9904 | €18,344 | €15,338 | -€3,006 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,344 | €15,338 | -€3,006 | -16.4% |
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 8 October 2026 via checked.be.