IMMO TRIVAS: what changed
Two fiscal 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 TRIVAS
Largest movements
- Receivables within one year -€22,290
down €22,290 (-75.4%), from €29,550 to €7,260
of which Trade receivables: -€17,096
- Tangible fixed assets -€18,562
down €18,562 (-1.8%), from €1.0m to €1.0m
of which Land and buildings: -€33,484
- Cash +€18,198
up €18,198 (+35.0%), from €52,060 to €70,258
mainly Depreciation (+€39,741) and Net result for the year (+€32,330)
- Debts after one year -€48,422
down €48,422 (-5.0%), from €964,695 to €916,273
- Reserves +€32,330
up €32,330 (+52.9%), from €61,159 to €93,489
- Tax, wage and social debts +€14,099
up €14,099, from €0 to €14,099
- Gross operating margin +€18,298
up €18,298 (+17.7%), from €103,341 to €121,639
- Depreciation +€7,940
up €7,940 (+25.0%), from €31,800 to €39,741
- Taxes +€7,245
up €7,245 (+148.9%), from €4,865 to €12,110
- Financial charges -€2,631
down €2,631 (-8.7%), from €30,250 to €27,618
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.
Cash bridge derived
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 | €1,113,531 | €1,094,998 | -€18,532 | -1.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,025,743 | €1,007,181 | -€18,562 | -1.8% |
| Tangible fixed assets | 22/27 | €1,025,743 | €1,007,181 | -€18,562 | -1.8% |
| Land and buildings | 22 | €1,025,743 | €992,259 | -€33,484 | -3.3% |
| Plant, machinery and equipment | 23 | - | €14,922 | +€14,922 | |
| Current assets | 29/58 | €87,788 | €87,817 | +€29 | 0.0% |
| Amounts receivable within one year | 40/41 | €29,550 | €7,260 | -€22,290 | -75.4% |
| Trade receivables | 40 | €24,356 | €7,260 | -€17,096 | -70.2% |
| Other amounts receivable | 41 | €5,194 | €0 | -€5,194 | -100.0% |
| Cash at bank and in hand | 54/58 | €52,060 | €70,258 | +€18,198 | +35.0% |
| Deferred charges and accrued income | 490/1 | €6,178 | €10,300 | +€4,121 | +66.7% |
| Total equity and liabilities | 10/49 | €1,113,531 | €1,094,998 | -€18,532 | -1.7% |
| Equity | 10/15 | €71,159 | €103,489 | +€32,330 | +45.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €61,159 | €93,489 | +€32,330 | +52.9% |
| Distributable reserves | 133 | €61,159 | €93,489 | +€32,330 | +52.9% |
| Amounts payable | 17/49 | €1,042,372 | €991,510 | -€50,862 | -4.9% |
| Amounts payable after more than one year | 17 | €964,695 | €916,273 | -€48,422 | -5.0% |
| Financial debts | 170/4 | €964,695 | €916,273 | -€48,422 | -5.0% |
| Amounts payable within one year | 42/48 | €57,531 | €64,388 | +€6,858 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €47,327 | €48,422 | +€1,096 | +2.3% |
| Trade debts | 44 | €414 | €220 | -€194 | -46.8% |
| Suppliers | 440/4 | €414 | €220 | -€194 | -46.8% |
| Taxes, remuneration and social security | 45 | €0 | €14,099 | +€14,099 | |
| Taxes | 450/3 | €0 | €14,099 | +€14,099 | |
| Other amounts payable | 47/48 | €9,790 | €1,647 | -€8,143 | -83.2% |
| Accrued charges and deferred income | 492/3 | €20,146 | €10,849 | -€9,298 | -46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,800 | €39,741 | +€7,940 | +25.0% |
| Other operating charges | 640/8 | €9,408 | €9,840 | +€433 | +4.6% |
| Gross operating margin | 9900 | €103,341 | €121,639 | +€18,298 | +17.7% |
| Operating profit (loss) | 9901 | €62,134 | €72,058 | +€9,924 | +16.0% |
| Financial income | 75/76B | €84 | €0 | -€84 | -100.0% |
| Recurring financial income | 75 | €84 | €0 | -€84 | -100.0% |
| Financial charges | 65/66B | €30,250 | €27,618 | -€2,631 | -8.7% |
| Recurring financial charges | 65 | €30,250 | €27,618 | -€2,631 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €31,968 | €44,440 | +€12,472 | +39.0% |
| Income taxes | 67/77 | €4,865 | €12,110 | +€7,245 | +148.9% |
| Profit (loss) for the period | 9904 | €27,103 | €32,330 | +€5,227 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,103 | €32,330 | +€5,227 | +19.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.