EX & TRIC: 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.
EX & TRIC
Largest movements
- Tangible fixed assets +€31,615
up €31,615 (+3.0%), from €1.0m to €1.1m
of which Land and buildings: +€62,347
- Cash +€28,840
up €28,840 (+45.7%), from €63,121 to €91,961
mainly Debts after one year (+€101,656) and Depreciation (+€80,399)
- Debts after one year +€101,656
up €101,656 (+15.3%), from €663,865 to €765,521
- Other debts -€59,793
down €59,793 (-51.1%), from €117,054 to €57,260
- Trade debts -€54,491
down €54,491 (-23.0%), from €237,214 to €182,723
- Current portion of long-term debt +€33,305
up €33,305 (+82.3%), from €40,481 to €73,787
- Reserves +€30,019
up €30,019 (+14.2%), from €210,696 to €240,714
of which Distributable reserves: +€30,019
- Gross operating margin +€73,169
up €73,169 (+17.1%), from €428,606 to €501,775
- Staff costs +€43,041
up €43,041 (+15.7%), from €274,227 to €317,267
- Taxes +€8,547
up €8,547 (+74.7%), from €11,440 to €19,987
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 | €1,360,622 | €1,425,845 | +€65,223 | +4.8% |
| Fixed assets | 21/28 | €1,049,627 | €1,081,242 | +€31,615 | +3.0% |
| Tangible fixed assets | 22/27 | €1,049,627 | €1,081,242 | +€31,615 | +3.0% |
| Land and buildings | 22 | €997,573 | €1,059,920 | +€62,347 | +6.2% |
| Plant, machinery and equipment | 23 | €1,959 | €2,072 | +€113 | +5.7% |
| Furniture and vehicles | 24 | €50,095 | €19,250 | -€30,845 | -61.6% |
| Current assets | 29/58 | €310,995 | €344,603 | +€33,609 | +10.8% |
| Amounts receivable within one year | 40/41 | €241,827 | €244,806 | +€2,979 | +1.2% |
| Trade receivables | 40 | €200,139 | €234,806 | +€34,667 | +17.3% |
| Other amounts receivable | 41 | €41,688 | €10,000 | -€31,688 | -76.0% |
| Cash at bank and in hand | 54/58 | €63,121 | €91,961 | +€28,840 | +45.7% |
| Deferred charges and accrued income | 490/1 | €6,047 | €7,836 | +€1,789 | +29.6% |
| Total equity and liabilities | 10/49 | €1,360,622 | €1,425,845 | +€65,223 | +4.8% |
| Equity | 10/15 | €223,096 | €253,114 | +€30,019 | +13.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €210,696 | €240,714 | +€30,019 | +14.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €33 | €33 | = | 0.0% |
| Distributable reserves | 133 | €210,663 | €240,681 | +€30,019 | +14.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,137,526 | €1,172,731 | +€35,204 | +3.1% |
| Amounts payable after more than one year | 17 | €663,865 | €765,521 | +€101,656 | +15.3% |
| Financial debts | 170/4 | €663,865 | €765,521 | +€101,656 | +15.3% |
| Amounts payable within one year | 42/48 | €473,662 | €407,210 | -€66,452 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €40,481 | €73,787 | +€33,305 | +82.3% |
| Financial debts | 43 | €11,799 | €0 | -€11,799 | -100% |
| Credit institutions | 430/8 | €11,799 | €0 | -€11,799 | -100% |
| Trade debts | 44 | €237,214 | €182,723 | -€54,491 | -23.0% |
| Suppliers | 440/4 | €237,214 | €182,723 | -€54,491 | -23.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €67,114 | €93,440 | +€26,325 | +39.2% |
| Taxes | 450/3 | €29,263 | €63,489 | +€34,226 | +117% |
| Remuneration and social security | 454/9 | €37,852 | €29,950 | -€7,901 | -20.9% |
| Other amounts payable | 47/48 | €117,054 | €57,260 | -€59,793 | -51.1% |
| Non-recurring operating income | 76A | - | €13,676 | +€13,676 | |
| Remuneration, social security and pensions | 62 | €274,227 | €317,267 | +€43,041 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,805 | €80,399 | +€2,595 | +3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €538 | -€1,703 | -€2,241 | |
| Other operating charges | 640/8 | €11,615 | €10,759 | -€856 | -7.4% |
| Non-recurring operating charges | 66A | €10,000 | €9,295 | -€706 | -7.1% |
| Gross operating margin | 9900 | €428,606 | €501,775 | +€73,169 | +17.1% |
| Operating profit (loss) | 9901 | €54,421 | €85,758 | +€31,337 | +57.6% |
| Financial income | 75/76B | €662 | €44 | -€618 | -93.3% |
| Recurring financial income | 75 | €662 | €44 | -€618 | -93.3% |
| Financial charges | 65/66B | €32,547 | €35,797 | +€3,250 | +10.0% |
| Recurring financial charges | 65 | €32,547 | €35,797 | +€3,250 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €22,537 | €50,006 | +€27,469 | +122% |
| Income taxes | 67/77 | €11,440 | €19,987 | +€8,547 | +74.7% |
| Profit (loss) for the period | 9904 | €11,097 | €30,019 | +€18,922 | +171% |
| Profit (loss) for the period to be appropriated | 9905 | €11,097 | €30,019 | +€18,922 | +171% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.