VAN TRICHT: 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.
VAN TRICHT
Largest movements
- Cash +€269,211
up €269,211 (+326%), from €82,651 to €351,862
mainly Depreciation (+€191,592) and Receivables within one year (+€120,025)
- Receivables within one year -€120,025
down €120,025 (-44.5%), from €270,022 to €149,997
of which Trade receivables: -€127,554
- Tangible fixed assets +€37,258
up €37,258 (+8.5%), from €436,123 to €473,382
of which Plant, machinery and equipment: +€29,824
- Stocks and contracts -€30,955
down €30,955 (-67.0%), from €46,178 to €15,223
of which Contracts in progress: -€16,870
- Profit (loss) carried forward +€107,803
up €107,803 (+47.0%), from €229,340 to €337,143
- Accrued charges and deferred income +€95,692
new in 2025: €95,692
- Debts after one year -€90,113
down €90,113 (-38.5%), from €233,771 to €143,659
- Current portion of long-term debt +€54,673
up €54,673 (+50.2%), from €108,919 to €163,592
- Trade debts -€13,786
down €13,786 (-14.6%), from €94,719 to €80,933
- Gross operating margin +€71,541
up €71,541 (+24.7%), from €289,852 to €361,394
- Depreciation -€55,152
down €55,152 (-22.4%), from €246,743 to €191,592
- Taxes +€22,588
up €22,588 (+1,001%), from €2,256 to €24,845
- Other operating charges +€8,087
up €8,087 (+352%), from €2,296 to €10,383
- Staff costs +€5,729
up €5,729 (+75.5%), from €7,589 to €13,318
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 | €839,140 | €995,120 | +€155,980 | +18.6% |
| Fixed assets | 21/28 | €436,123 | €473,382 | +€37,258 | +8.5% |
| Tangible fixed assets | 22/27 | €436,123 | €473,382 | +€37,258 | +8.5% |
| Plant, machinery and equipment | 23 | €76,318 | €106,142 | +€29,824 | +39.1% |
| Furniture and vehicles | 24 | €19,281 | €8,142 | -€11,139 | -57.8% |
| Leasing and similar rights | 25 | €340,524 | €359,097 | +€18,573 | +5.5% |
| Current assets | 29/58 | €403,017 | €521,739 | +€118,722 | +29.5% |
| Stocks and contracts in progress | 3 | €46,178 | €15,223 | -€30,955 | -67.0% |
| Stocks | 30/36 | €29,308 | €15,223 | -€14,085 | -48.1% |
| Contracts in progress | 37 | €16,870 | €0 | -€16,870 | -100% |
| Amounts receivable within one year | 40/41 | €270,022 | €149,997 | -€120,025 | -44.5% |
| Trade receivables | 40 | €239,254 | €111,700 | -€127,554 | -53.3% |
| Other amounts receivable | 41 | €30,769 | €38,297 | +€7,529 | +24.5% |
| Cash at bank and in hand | 54/58 | €82,651 | €351,862 | +€269,211 | +326% |
| Deferred charges and accrued income | 490/1 | €4,165 | €4,656 | +€491 | +11.8% |
| Total equity and liabilities | 10/49 | €839,140 | €995,120 | +€155,980 | +18.6% |
| Equity | 10/15 | €232,340 | €340,143 | +€107,803 | +46.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €229,340 | €337,143 | +€107,803 | +47.0% |
| Amounts payable | 17/49 | €606,801 | €654,977 | +€48,177 | +7.9% |
| Amounts payable after more than one year | 17 | €233,771 | €143,659 | -€90,113 | -38.5% |
| Financial debts | 170/4 | €233,771 | €143,659 | -€90,113 | -38.5% |
| Amounts payable within one year | 42/48 | €373,029 | €415,627 | +€42,598 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €108,919 | €163,592 | +€54,673 | +50.2% |
| Trade debts | 44 | €94,719 | €80,933 | -€13,786 | -14.6% |
| Suppliers | 440/4 | €94,719 | €80,933 | -€13,786 | -14.6% |
| Taxes, remuneration and social security | 45 | €14,058 | €11,247 | -€2,810 | -20.0% |
| Taxes | 450/3 | €13,660 | €10,301 | -€3,360 | -24.6% |
| Remuneration and social security | 454/9 | €397 | €946 | +€549 | +138% |
| Other amounts payable | 47/48 | €155,334 | €159,854 | +€4,520 | +2.9% |
| Accrued charges and deferred income | 492/3 | - | €95,692 | +€95,692 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €7,589 | €13,318 | +€5,729 | +75.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246,743 | €191,592 | -€55,152 | -22.4% |
| Other operating charges | 640/8 | €2,296 | €10,383 | +€8,087 | +352% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €289,852 | €361,394 | +€71,541 | +24.7% |
| Operating profit (loss) | 9901 | €33,225 | €146,102 | +€112,877 | +340% |
| Financial income | 75/76B | €160 | €208 | +€48 | +29.9% |
| Recurring financial income | 75 | €160 | €208 | +€48 | +29.9% |
| Financial charges | 65/66B | €8,665 | €12,829 | +€4,164 | +48.0% |
| Recurring financial charges | 65 | €8,665 | €12,829 | +€4,164 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €24,720 | €133,481 | +€108,761 | +440% |
| Income taxes | 67/77 | €2,256 | €24,845 | +€22,588 | +1,001% |
| Profit (loss) for the period | 9904 | €22,463 | €108,636 | +€86,173 | +384% |
| Profit (loss) for the period to be appropriated | 9905 | €22,463 | €108,636 | +€86,173 | +384% |
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 13 October 2026 via checked.be.