TRUCMACHIN: 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.
TRUCMACHIN
Largest movements
- Tangible fixed assets +€617,910
up €617,910 (+24.7%), from €2.5m to €3.1m
of which Land and buildings: +€343,844
- Cash -€226,564
down €226,564 (-67.7%), from €334,895 to €108,331
mainly Investment in fixed assets (net) (-€722,479) and Debts after one year (-€95,110)
- Stocks and contracts -€101,364
down €101,364 (-26.2%), from €387,533 to €286,169
- Other debts +€485,126
up €485,126 (+35.5%), from €1.4m to €1.9m
- Debts after one year -€95,110
down €95,110 (-4.6%), from €2.0m to €2.0m
- Short-term financial debts -€90,765
down €90,765 (-99.3%), from €91,368 to €603
- Purchases and services -€217,277
down €217,277 (-68.1%), from €318,917 to €101,640
- Gross operating margin +€73,804
up €73,804 (+67.5%), from €109,318 to €183,122
- Depreciation +€31,195
up €31,195 (+44.5%), from €70,119 to €101,314
- Financial charges +€11,490
up €11,490 (+14.8%), from €77,427 to €88,917
of which Financial charges: +€18,695
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 | €3,643,176 | €3,918,002 | +€274,826 | +7.5% |
| Fixed assets | 21/28 | €2,846,053 | €3,467,218 | +€621,165 | +21.8% |
| Tangible fixed assets | 22/27 | €2,503,625 | €3,121,535 | +€617,910 | +24.7% |
| Land and buildings | 22 | €2,002,280 | €2,346,124 | +€343,844 | +17.2% |
| Plant, machinery and equipment | 23 | €501,345 | €775,411 | +€274,066 | +54.7% |
| Financial fixed assets | 28 | €342,428 | €345,683 | +€3,255 | +1.0% |
| Current assets | 29/58 | €797,123 | €450,784 | -€346,339 | -43.4% |
| Stocks and contracts in progress | 3 | €387,533 | €286,169 | -€101,364 | -26.2% |
| Stocks | 30/36 | €387,533 | €286,169 | -€101,364 | -26.2% |
| Amounts receivable within one year | 40/41 | €74,695 | €53,088 | -€21,607 | -28.9% |
| Trade receivables | 40 | €62,424 | €3,650 | -€58,774 | -94.2% |
| Other amounts receivable | 41 | €12,271 | €49,438 | +€37,167 | +303% |
| Cash at bank and in hand | 54/58 | €334,895 | €108,331 | -€226,564 | -67.7% |
| Deferred charges and accrued income | 490/1 | - | €3,196 | +€3,196 | |
| Total equity and liabilities | 10/49 | €3,643,176 | €3,918,002 | +€274,826 | +7.5% |
| Equity | 10/15 | -€15,397 | -€35,400 | -€20,003 | -130% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,597 | -€97,600 | -€20,003 | -25.8% |
| Amounts payable | 17/49 | €3,658,573 | €3,953,402 | +€294,829 | +8.1% |
| Amounts payable after more than one year | 17 | €2,048,536 | €1,953,426 | -€95,110 | -4.6% |
| Financial debts | 170/4 | €2,048,536 | €1,953,426 | -€95,110 | -4.6% |
| Amounts payable within one year | 42/48 | €1,610,037 | €1,998,431 | +€388,394 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €119,601 | €130,377 | +€10,776 | +9.0% |
| Financial debts | 43 | €91,368 | €603 | -€90,765 | -99.3% |
| Credit institutions | 430/8 | €91,368 | €603 | -€90,765 | -99.3% |
| Trade debts | 44 | €32,318 | €15,575 | -€16,743 | -51.8% |
| Suppliers | 440/4 | €32,318 | €15,575 | -€16,743 | -51.8% |
| Other amounts payable | 47/48 | €1,366,750 | €1,851,876 | +€485,126 | +35.5% |
| Accrued charges and deferred income | 492/3 | - | €1,545 | +€1,545 | |
| Non-recurring operating income | 76A | - | €23,636 | +€23,636 | |
| Goods, raw materials, services and sundry goods | 60/61 | €318,917 | €101,640 | -€217,277 | -68.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,119 | €101,314 | +€31,195 | +44.5% |
| Other operating charges | 640/8 | €1,336 | €707 | -€629 | -47.1% |
| Non-recurring operating charges | 66A | - | €12,208 | +€12,208 | |
| Gross operating margin | 9900 | €109,318 | €183,122 | +€73,804 | +67.5% |
| Operating profit (loss) | 9901 | €37,863 | €68,893 | +€31,030 | +82.0% |
| Financial income | 75/76B | €21 | €21 | = | 0.0% |
| Recurring financial income | 75 | €21 | €21 | = | 0.0% |
| Financial charges | 65/66B | €77,427 | €88,917 | +€11,490 | +14.8% |
| Recurring financial charges | 65 | €70,222 | €88,917 | +€18,695 | +26.6% |
| Non-recurring financial charges | 66B | €7,205 | - | -€7,205 | |
| Profit (loss) for the period before taxes | 9903 | -€39,543 | -€20,003 | +€19,540 | +49.4% |
| Profit (loss) for the period | 9904 | -€39,543 | -€20,003 | +€19,540 | +49.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,543 | -€20,003 | +€19,540 | +49.4% |
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 17 October 2026 via checked.be.