TRUCHEL GROUP: 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.
TRUCHEL GROUP
Largest movements
- Receivables within one year -€28,364
down €28,364 (-12.7%), from €222,985 to €194,621
of which Other amounts receivable: -€27,497
- Cash +€16,486
up €16,486 (+573%), from €2,877 to €19,363
mainly Receivables within one year (+€28,364) and Net result for the year (+€16,235)
- Tangible fixed assets -€2,546
down €2,546 (-10.9%), from €23,419 to €20,873
of which Furniture and vehicles: -€2,637
- Trade debts -€34,427
down €34,427 (-99.5%), from €34,590 to €164
- Profit (loss) carried forward +€16,235
up €16,235 (+11.0%), from €148,225 to €164,460
- Tax, wage and social debts +€4,118
up €4,118 (+8.5%), from €48,255 to €52,373
of which Taxes: +€2,918
- Gross operating margin -€89,979
down €89,979 (-65.9%), from €136,618 to €46,638
- Taxes -€26,522
down €26,522 (-72.6%), from €36,528 to €10,006
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 | €251,530 | €237,456 | -€14,074 | -5.6% |
| Fixed assets | 21/28 | €25,668 | €23,472 | -€2,196 | -8.6% |
| Tangible fixed assets | 22/27 | €23,419 | €20,873 | -€2,546 | -10.9% |
| Plant, machinery and equipment | 23 | €4,743 | €4,835 | +€91 | +1.9% |
| Furniture and vehicles | 24 | €18,675 | €16,038 | -€2,637 | -14.1% |
| Financial fixed assets | 28 | €2,249 | €2,599 | +€350 | +15.6% |
| Current assets | 29/58 | €225,862 | €213,984 | -€11,878 | -5.3% |
| Amounts receivable within one year | 40/41 | €222,985 | €194,621 | -€28,364 | -12.7% |
| Trade receivables | 40 | €29,760 | €28,893 | -€867 | -2.9% |
| Other amounts receivable | 41 | €193,225 | €165,728 | -€27,497 | -14.2% |
| Cash at bank and in hand | 54/58 | €2,877 | €19,363 | +€16,486 | +573% |
| Total equity and liabilities | 10/49 | €251,530 | €237,456 | -€14,074 | -5.6% |
| Equity | 10/15 | €168,685 | €184,920 | +€16,235 | +9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,225 | €164,460 | +€16,235 | +11.0% |
| Amounts payable | 17/49 | €82,845 | €52,536 | -€30,309 | -36.6% |
| Amounts payable within one year | 42/48 | €82,845 | €52,536 | -€30,309 | -36.6% |
| Trade debts | 44 | €34,590 | €164 | -€34,427 | -99.5% |
| Suppliers | 440/4 | €34,590 | €164 | -€34,427 | -99.5% |
| Taxes, remuneration and social security | 45 | €48,255 | €52,373 | +€4,118 | +8.5% |
| Taxes | 450/3 | €48,255 | €51,173 | +€2,918 | +6.0% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,340 | €10,430 | +€90 | +0.9% |
| Other operating charges | 640/8 | €10,192 | €9,539 | -€653 | -6.4% |
| Gross operating margin | 9900 | €136,618 | €46,638 | -€89,979 | -65.9% |
| Operating profit (loss) | 9901 | €116,086 | €26,670 | -€89,416 | -77.0% |
| Financial income | 75/76B | €2 | €12 | +€10 | +458% |
| Recurring financial income | 75 | €2 | €12 | +€10 | +458% |
| Financial charges | 65/66B | €458 | €441 | -€17 | -3.6% |
| Recurring financial charges | 65 | €458 | €441 | -€17 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €115,630 | €26,241 | -€89,390 | -77.3% |
| Income taxes | 67/77 | €36,528 | €10,006 | -€26,522 | -72.6% |
| Profit (loss) for the period | 9904 | €79,103 | €16,235 | -€62,868 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €79,103 | €16,235 | -€62,868 | -79.5% |
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 23 October 2026 via checked.be.