TRUCAR: 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.
TRUCAR
Largest movements
- Current investments +€350,000
up €350,000 (+233%), from €150,000 to €500,000
- Cash +€260,741
up €260,741 (+58.1%), from €448,843 to €709,584
mainly Net result for the year (+€620,585) and Depreciation (+€378,614)
- Financial fixed assets -€188,992
down €188,992 (-55.8%), from €338,992 to €150,000
- Receivables within one year -€88,418
down €88,418 (-10.7%), from €829,061 to €740,644
of which Trade receivables: -€70,424
- Other debts +€256,738
up €256,738 (+5,565%), from €4,613 to €261,351
- Tax, wage and social debts +€216,563
up €216,563 (+224%), from €96,789 to €313,352
of which Taxes: +€199,583
- Short-term financial debts -€188,992
no longer reported in 2025 (was €188,992)
- Current portion of long-term debt +€87,928
up €87,928 (+29.9%), from €294,188 to €382,116
- Gross operating margin +€423,980
up €423,980 (+24.6%), from €1.7m to €2.2m
- Depreciation -€330,909
down €330,909 (-46.6%), from €709,523 to €378,614
- Financial charges +€298,920
up €298,920 (+424%), from €70,442 to €369,362
of which Non-recurring financial charges: +€188,992
- Staff costs +€123,699
up €123,699 (+29.7%), from €415,841 to €539,540
- Financial income +€116,335
up €116,335 (+130%), from €89,529 to €205,864
of which Financial income: +€175,835
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.
Derived cash bridge
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 | €7,757,310 | €8,121,767 | +€364,457 | +4.7% |
| Fixed assets | 21/28 | €6,245,229 | €6,012,993 | -€232,236 | -3.7% |
| Tangible fixed assets | 22/27 | €5,906,237 | €5,862,993 | -€43,244 | -0.7% |
| Land and buildings | 22 | €5,430,615 | €5,271,608 | -€159,008 | -2.9% |
| Plant, machinery and equipment | 23 | €67,690 | €71,630 | +€3,940 | +5.8% |
| Furniture and vehicles | 24 | €407,931 | €519,756 | +€111,824 | +27.4% |
| Financial fixed assets | 28 | €338,992 | €150,000 | -€188,992 | -55.8% |
| Current assets | 29/58 | €1,512,081 | €2,108,774 | +€596,692 | +39.5% |
| Amounts receivable after more than one year | 29 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 291 | - | €20,000 | +€20,000 | |
| Stocks and contracts in progress | 3 | €71,576 | €125,689 | +€54,113 | +75.6% |
| Stocks | 30/36 | €71,576 | €125,689 | +€54,113 | +75.6% |
| Amounts receivable within one year | 40/41 | €829,061 | €740,644 | -€88,418 | -10.7% |
| Trade receivables | 40 | €803,116 | €732,692 | -€70,424 | -8.8% |
| Other amounts receivable | 41 | €25,945 | €7,951 | -€17,994 | -69.4% |
| Current investments | 50/53 | €150,000 | €500,000 | +€350,000 | +233% |
| Cash at bank and in hand | 54/58 | €448,843 | €709,584 | +€260,741 | +58.1% |
| Deferred charges and accrued income | 490/1 | €12,601 | €12,858 | +€256 | +2.0% |
| Total equity and liabilities | 10/49 | €7,757,310 | €8,121,767 | +€364,457 | +4.7% |
| Equity | 10/15 | €1,859,433 | €1,836,988 | -€22,444 | -1.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,839,433 | €1,816,988 | -€22,444 | -1.2% |
| Distributable reserves | 133 | €1,839,433 | €1,816,988 | -€22,444 | -1.2% |
| Amounts payable | 17/49 | €5,897,878 | €6,284,779 | +€386,901 | +6.6% |
| Amounts payable after more than one year | 17 | €4,867,390 | €4,897,187 | +€29,797 | +0.6% |
| Financial debts | 170/4 | €4,867,390 | €4,897,187 | +€29,797 | +0.6% |
| Amounts payable within one year | 42/48 | €1,001,391 | €1,355,514 | +€354,123 | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €294,188 | €382,116 | +€87,928 | +29.9% |
| Financial debts | 43 | €188,992 | - | -€188,992 | |
| Other loans | 439 | €188,992 | - | -€188,992 | |
| Trade debts | 44 | €416,809 | €398,695 | -€18,114 | -4.3% |
| Suppliers | 440/4 | €416,809 | €398,695 | -€18,114 | -4.3% |
| Taxes, remuneration and social security | 45 | €96,789 | €313,352 | +€216,563 | +224% |
| Taxes | 450/3 | €41,217 | €240,800 | +€199,583 | +484% |
| Remuneration and social security | 454/9 | €55,572 | €72,552 | +€16,980 | +30.6% |
| Other amounts payable | 47/48 | €4,613 | €261,351 | +€256,738 | +5,565% |
| Accrued charges and deferred income | 492/3 | €29,096 | €32,077 | +€2,981 | +10.2% |
| Remuneration, social security and pensions | 62 | €415,841 | €539,540 | +€123,699 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €709,523 | €378,614 | -€330,909 | -46.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€887 | €86,855 | +€87,742 | |
| Other operating charges | 640/8 | €30,292 | €66,670 | +€36,378 | +120% |
| Gross operating margin | 9900 | €1,726,632 | €2,150,612 | +€423,980 | +24.6% |
| Operating profit (loss) | 9901 | €571,864 | €1,078,933 | +€507,070 | +88.7% |
| Financial income | 75/76B | €89,529 | €205,864 | +€116,335 | +130% |
| Recurring financial income | 75 | €30,029 | €205,864 | +€175,835 | +586% |
| Non-recurring financial income | 76B | €59,500 | - | -€59,500 | |
| Financial charges | 65/66B | €70,442 | €369,362 | +€298,920 | +424% |
| Recurring financial charges | 65 | €70,442 | €180,370 | +€109,928 | +156% |
| Non-recurring financial charges | 66B | - | €188,992 | +€188,992 | |
| Profit (loss) for the period before taxes | 9903 | €590,951 | €915,436 | +€324,485 | +54.9% |
| Income taxes | 67/77 | €185,949 | €294,851 | +€108,902 | +58.6% |
| Profit (loss) for the period | 9904 | €405,002 | €620,585 | +€215,583 | +53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €405,002 | €620,585 | +€215,583 | +53.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.