IMMO-TRIANON: 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.
IMMO-TRIANON
Largest movements
- Receivables after one year -€170,000
no longer reported in 2025 (was €170,000)
- Cash -€107,831
down €107,831 (-99.2%), from €108,753 to €922
mainly Contributions, distributions and other (-€138,700) and Debts after one year (-€94,010)
- Receivables within one year +€84,559
up €84,559 (+212,247%), from €40 to €84,599
- Debts after one year -€94,010
no longer reported in 2025 (was €94,010)
- Reserves -€50,055
down €50,055 (-36.1%), from €138,700 to €88,645
- Current portion of long-term debt -€44,735
no longer reported in 2025 (was €44,735)
- Other debts -€6,872
no longer reported in 2025 (was €6,872)
- Accrued charges and deferred income -€4,050
no longer reported in 2025 (was €4,050)
- Gross operating margin +€59,227
up €59,227 (+121%), from €49,001 to €108,228
- Financial income -€3,819
down €3,819 (-93.1%), from €4,101 to €282
- Taxes +€3,596
new in 2025: €3,596
- Financial charges -€1,822
down €1,822 (-31.9%), from €5,710 to €3,888
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 | €350,424 | €154,646 | -€195,778 | -55.9% |
| Fixed assets | 21/28 | €69,125 | €69,125 | -€0 | 0.0% |
| Tangible fixed assets | 22/27 | €69,125 | €69,125 | -€0 | 0.0% |
| Land and buildings | 22 | €69,125 | €69,125 | -€0 | 0.0% |
| Current assets | 29/58 | €281,299 | €85,521 | -€195,778 | -69.6% |
| Amounts receivable after more than one year | 29 | €170,000 | - | -€170,000 | |
| Other amounts receivable | 291 | €170,000 | - | -€170,000 | |
| Amounts receivable within one year | 40/41 | €40 | €84,599 | +€84,559 | +212,247% |
| Other amounts receivable | 41 | €40 | €84,599 | +€84,559 | +212,247% |
| Cash at bank and in hand | 54/58 | €108,753 | €922 | -€107,831 | -99.2% |
| Deferred charges and accrued income | 490/1 | €2,506 | - | -€2,506 | |
| Total equity and liabilities | 10/49 | €350,424 | €154,646 | -€195,778 | -55.9% |
| Equity | 10/15 | €200,757 | €150,645 | -€50,112 | -25.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €138,700 | €88,645 | -€50,055 | -36.1% |
| Distributable reserves | 133 | €138,700 | €88,645 | -€50,055 | -36.1% |
| Profit (loss) carried forward | 14 | €57 | - | -€57 | |
| Amounts payable | 17/49 | €149,667 | €4,001 | -€145,666 | -97.3% |
| Amounts payable after more than one year | 17 | €94,010 | - | -€94,010 | |
| Financial debts | 170/4 | €94,010 | - | -€94,010 | |
| Amounts payable within one year | 42/48 | €51,607 | €4,001 | -€47,606 | -92.2% |
| Current portion of amounts payable after more than one year | 42 | €44,735 | - | -€44,735 | |
| Trade debts | 44 | - | €447 | +€447 | |
| Suppliers | 440/4 | - | €447 | +€447 | |
| Taxes, remuneration and social security | 45 | - | €3,554 | +€3,554 | |
| Taxes | 450/3 | - | €3,554 | +€3,554 | |
| Other amounts payable | 47/48 | €6,872 | - | -€6,872 | |
| Accrued charges and deferred income | 492/3 | €4,050 | - | -€4,050 | |
| Other operating charges | 640/8 | €12,060 | €12,438 | +€378 | +3.1% |
| Gross operating margin | 9900 | €49,001 | €108,228 | +€59,227 | +121% |
| Operating profit (loss) | 9901 | €36,941 | €95,790 | +€58,849 | +159% |
| Financial income | 75/76B | €4,101 | €282 | -€3,819 | -93.1% |
| Recurring financial income | 75 | €4,101 | €282 | -€3,819 | -93.1% |
| Financial charges | 65/66B | €5,710 | €3,888 | -€1,822 | -31.9% |
| Recurring financial charges | 65 | €5,710 | €3,888 | -€1,822 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €35,333 | €92,184 | +€56,851 | +161% |
| Income taxes | 67/77 | - | €3,596 | +€3,596 | |
| Profit (loss) for the period | 9904 | €35,333 | €88,588 | +€53,255 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €35,333 | €88,588 | +€53,255 | +151% |
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.