EXCELIA TRINITIA: 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.
EXCELIA TRINITIA
Largest movements
- Cash -€16,625
down €16,625 (-32.1%), from €51,809 to €35,184
mainly Net result for the year (-€19,018) and Other debts (-€2,221)
- Receivables within one year -€4,077
down €4,077 (-41.8%), from €9,743 to €5,666
of which Trade receivables: -€3,895
- Intangible fixed assets -€1,053
down €1,053 (-21.9%), from €4,801 to €3,747
- Profit (loss) carried forward -€19,018
down €19,018 (-24.2%), from -€78,736 to -€97,754
- Other debts -€2,221
down €2,221 (-2.1%), from €107,094 to €104,873
- Gross operating margin +€13,022
up €13,022 (+44.1%), from -€29,508 to -€16,486
- Other operating charges -€1,725
down €1,725 (-83.0%), from €2,079 to €354
- Depreciation +€438
up €438 (+31.4%), from €1,393 to €1,831
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 | €66,901 | €45,399 | -€21,502 | -32.1% |
| Fixed assets | 21/28 | €5,349 | €4,549 | -€800 | -15.0% |
| Intangible fixed assets | 21 | €4,801 | €3,747 | -€1,053 | -21.9% |
| Tangible fixed assets | 22/27 | €548 | €802 | +€254 | +46.3% |
| Plant, machinery and equipment | 23 | €81 | - | -€81 | |
| Furniture and vehicles | 24 | €467 | €802 | +€334 | +71.5% |
| Current assets | 29/58 | €61,552 | €40,850 | -€20,702 | -33.6% |
| Amounts receivable within one year | 40/41 | €9,743 | €5,666 | -€4,077 | -41.8% |
| Trade receivables | 40 | €9,540 | €5,645 | -€3,895 | -40.8% |
| Other amounts receivable | 41 | €203 | €21 | -€182 | -89.7% |
| Cash at bank and in hand | 54/58 | €51,809 | €35,184 | -€16,625 | -32.1% |
| Total equity and liabilities | 10/49 | €66,901 | €45,399 | -€21,502 | -32.1% |
| Equity | 10/15 | -€48,276 | -€67,294 | -€19,018 | -39.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Distributable reserves | 133 | €11,860 | €11,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,736 | -€97,754 | -€19,018 | -24.2% |
| Amounts payable | 17/49 | €115,177 | €112,693 | -€2,484 | -2.2% |
| Amounts payable within one year | 42/48 | €115,177 | €112,693 | -€2,484 | -2.2% |
| Trade debts | 44 | €5,699 | €5,183 | -€517 | -9.1% |
| Suppliers | 440/4 | €5,699 | €5,183 | -€517 | -9.1% |
| Taxes, remuneration and social security | 45 | €2,383 | €2,637 | +€254 | +10.7% |
| Taxes | 450/3 | €2,383 | €2,637 | +€254 | +10.7% |
| Other amounts payable | 47/48 | €107,094 | €104,873 | -€2,221 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,393 | €1,831 | +€438 | +31.4% |
| Other operating charges | 640/8 | €2,079 | €354 | -€1,725 | -83.0% |
| Gross operating margin | 9900 | -€29,508 | -€16,486 | +€13,022 | +44.1% |
| Operating profit (loss) | 9901 | -€32,980 | -€18,671 | +€14,309 | +43.4% |
| Financial charges | 65/66B | €407 | €206 | -€201 | -49.5% |
| Recurring financial charges | 65 | €407 | €206 | -€201 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | -€33,388 | -€18,877 | +€14,511 | +43.5% |
| Income taxes | 67/77 | €174 | €141 | -€33 | -19.2% |
| Profit (loss) for the period | 9904 | -€33,562 | -€19,018 | +€14,544 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,562 | -€19,018 | +€14,544 | +43.3% |
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 15 October 2026 via checked.be.