GROUP TRYBOU: 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.
GROUP TRYBOU
Largest movements
- Tangible fixed assets -€183,364
down €183,364 (-10.1%), from €1.8m to €1.6m
- Cash +€183,204
up €183,204 (+221%), from €82,947 to €266,151
mainly Depreciation (+€246,488) and Net result for the year (+€93,735)
- Receivables within one year +€34,344
up €34,344 (+19.7%), from €174,719 to €209,063
of which Trade receivables: +€31,156
- Reserves +€93,735
up €93,735 (+11.7%), from €803,290 to €897,025
of which Distributable reserves: +€96,749
- Debts after one year -€47,598
down €47,598 (-5.0%), from €949,546 to €901,948
of which Financial debts: -€52,598
- Current portion of long-term debt -€31,489
down €31,489 (-37.4%), from €84,087 to €52,598
- Gross operating margin +€42,663
up €42,663 (+6.7%), from €634,240 to €676,902
- Staff costs +€36,162
up €36,162 (+17.7%), from €204,420 to €240,582
- Depreciation -€17,582
down €17,582 (-6.7%), from €264,070 to €246,488
- Other operating charges +€16,087
up €16,087 (+52.0%), from €30,923 to €47,010
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 | €2,089,470 | €2,121,995 | +€32,525 | +1.6% |
| Fixed assets | 21/28 | €1,823,629 | €1,637,054 | -€186,574 | -10.2% |
| Intangible fixed assets | 21 | €11,240 | €8,029 | -€3,211 | -28.6% |
| Tangible fixed assets | 22/27 | €1,812,389 | €1,629,025 | -€183,364 | -10.1% |
| Land and buildings | 22 | €862,549 | €794,521 | -€68,029 | -7.9% |
| Plant, machinery and equipment | 23 | €568,568 | €511,710 | -€56,859 | -10.0% |
| Furniture and vehicles | 24 | €381,271 | €322,795 | -€58,477 | -15.3% |
| Current assets | 29/58 | €265,841 | €484,941 | +€219,099 | +82.4% |
| Amounts receivable within one year | 40/41 | €174,719 | €209,063 | +€34,344 | +19.7% |
| Trade receivables | 40 | €170,546 | €201,702 | +€31,156 | +18.3% |
| Other amounts receivable | 41 | €4,173 | €7,361 | +€3,188 | +76.4% |
| Current investments | 50/53 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €82,947 | €266,151 | +€183,204 | +221% |
| Deferred charges and accrued income | 490/1 | €8,176 | €4,727 | -€3,449 | -42.2% |
| Total equity and liabilities | 10/49 | €2,089,470 | €2,121,995 | +€32,525 | +1.6% |
| Equity | 10/15 | €809,010 | €902,746 | +€93,735 | +11.6% |
| Contributions | 10/11 | €5,721 | €5,721 | = | 0.0% |
| Reserves | 13 | €803,290 | €897,025 | +€93,735 | +11.7% |
| Tax-exempt reserves | 132 | €47,624 | €44,611 | -€3,014 | -6.3% |
| Distributable reserves | 133 | €755,666 | €852,415 | +€96,749 | +12.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €11,906 | €11,153 | -€753 | -6.3% |
| Deferred taxes | 168 | €11,906 | €11,153 | -€753 | -6.3% |
| Amounts payable | 17/49 | €1,268,554 | €1,208,096 | -€60,457 | -4.8% |
| Amounts payable after more than one year | 17 | €949,546 | €901,948 | -€47,598 | -5.0% |
| Financial debts | 170/4 | €949,546 | €896,948 | -€52,598 | -5.5% |
| Other amounts payable | 178/9 | - | €5,000 | +€5,000 | |
| Amounts payable within one year | 42/48 | €298,853 | €289,352 | -€9,500 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €84,087 | €52,598 | -€31,489 | -37.4% |
| Trade debts | 44 | €31,044 | €45,889 | +€14,845 | +47.8% |
| Suppliers | 440/4 | €31,044 | €45,889 | +€14,845 | +47.8% |
| Taxes, remuneration and social security | 45 | €46,204 | €53,778 | +€7,574 | +16.4% |
| Taxes | 450/3 | €12,468 | €12,430 | -€38 | -0.3% |
| Remuneration and social security | 454/9 | €33,736 | €41,348 | +€7,612 | +22.6% |
| Other amounts payable | 47/48 | €137,518 | €137,087 | -€431 | -0.3% |
| Accrued charges and deferred income | 492/3 | €20,156 | €16,796 | -€3,359 | -16.7% |
| Remuneration, social security and pensions | 62 | €204,420 | €240,582 | +€36,162 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264,070 | €246,488 | -€17,582 | -6.7% |
| Other operating charges | 640/8 | €30,923 | €47,010 | +€16,087 | +52.0% |
| Gross operating margin | 9900 | €634,240 | €676,902 | +€42,663 | +6.7% |
| Operating profit (loss) | 9901 | €134,828 | €142,823 | +€7,995 | +5.9% |
| Financial income | 75/76B | €949 | €413 | -€536 | -56.5% |
| Recurring financial income | 75 | €949 | €413 | -€536 | -56.5% |
| Financial charges | 65/66B | €26,336 | €23,050 | -€3,287 | -12.5% |
| Recurring financial charges | 65 | €26,336 | €23,050 | -€3,287 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €109,440 | €120,186 | +€10,746 | +9.8% |
| Transfer from deferred taxes | 780 | €753 | €753 | = | 0.0% |
| Income taxes | 67/77 | €27,786 | €27,204 | -€582 | -2.1% |
| Profit (loss) for the period | 9904 | €82,407 | €93,735 | +€11,328 | +13.7% |
| Transfer from tax-exempt reserves | 789 | €3,014 | €3,014 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €85,421 | €96,749 | +€11,328 | +13.3% |
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 18 October 2026 via checked.be.