LE TRISKELL: 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.
LE TRISKELL
Largest movements
- Cash -€7,583
down €7,583 (-37.8%), from €20,069 to €12,486
mainly Net result for the year (-€40,360) and Current portion of long-term debt (-€4,955)
- Tangible fixed assets -€4,691
down €4,691 (-24.5%), from €19,162 to €14,471
of which Plant, machinery and equipment: -€3,733
- Deferred charges and accrued income +€3,058
up €3,058 (+178.4%), from €1,714 to €4,773
- Receivables within one year +€2,663
up €2,663 (+555.4%), from €480 to €3,143
of which Trade receivables: +€1,735
- Stocks and contracts +€1,420
up €1,420 (+15.6%), from €9,127 to €10,547
- Profit (loss) carried forward -€40,360
down €40,360 (-30.7%), from -€131,425 to -€171,784
- Tax, wage and social debts +€17,153
up €17,153 (+48.2%), from €35,568 to €52,722
of which Remuneration and social security: +€15,777
- Other debts +€16,000
up €16,000 (+19.7%), from €81,270 to €97,270
- Trade debts +€7,029
up €7,029 (+19.8%), from €35,551 to €42,580
- Current portion of long-term debt -€4,955
no longer reported in 2025 (was €4,955)
- Gross operating margin -€79,977
down €79,977 (-39.8%), from €200,800 to €120,823
- Staff costs -€47,154
down €47,154 (-24.1%), from €195,357 to €148,203
- Depreciation -€7,956
down €7,956 (-57.0%), from €13,965 to €6,010
- Other operating charges +€2,262
up €2,262 (+106.8%), from €2,117 to €4,379
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 | €55,919 | €50,787 | -€5,132 | -9.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €24,529 | €19,839 | -€4,691 | -19.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €19,162 | €14,471 | -€4,691 | -24.5% |
| Plant, machinery and equipment | 23 | €16,323 | €12,589 | -€3,733 | -22.9% |
| Furniture and vehicles | 24 | €2,472 | €1,844 | -€629 | -25.4% |
| Leasing and similar rights | 25 | €367 | €39 | -€328 | -89.5% |
| Financial fixed assets | 28 | €5,367 | €5,367 | = | 0.0% |
| Current assets | 29/58 | €31,390 | €30,948 | -€442 | -1.4% |
| Stocks and contracts in progress | 3 | €9,127 | €10,547 | +€1,420 | +15.6% |
| Stocks | 30/36 | €9,127 | €10,547 | +€1,420 | +15.6% |
| Amounts receivable within one year | 40/41 | €480 | €3,143 | +€2,663 | +555.4% |
| Trade receivables | 40 | - | €1,735 | +€1,735 | |
| Other amounts receivable | 41 | €480 | €1,407 | +€928 | +193.5% |
| Cash at bank and in hand | 54/58 | €20,069 | €12,486 | -€7,583 | -37.8% |
| Deferred charges and accrued income | 490/1 | €1,714 | €4,773 | +€3,058 | +178.4% |
| Total equity and liabilities | 10/49 | €55,919 | €50,787 | -€5,132 | -9.2% |
| Equity | 10/15 | -€101,425 | -€141,784 | -€40,360 | -39.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,425 | -€171,784 | -€40,360 | -30.7% |
| Amounts payable | 17/49 | €157,344 | €192,572 | +€35,228 | +22.4% |
| Amounts payable within one year | 42/48 | €157,344 | €192,572 | +€35,228 | +22.4% |
| Current portion of amounts payable after more than one year | 42 | €4,955 | - | -€4,955 | |
| Trade debts | 44 | €35,551 | €42,580 | +€7,029 | +19.8% |
| Suppliers | 440/4 | €35,551 | €42,580 | +€7,029 | +19.8% |
| Taxes, remuneration and social security | 45 | €35,568 | €52,722 | +€17,153 | +48.2% |
| Taxes | 450/3 | €28,005 | €29,381 | +€1,376 | +4.9% |
| Remuneration and social security | 454/9 | €7,563 | €23,340 | +€15,777 | +208.6% |
| Other amounts payable | 47/48 | €81,270 | €97,270 | +€16,000 | +19.7% |
| Remuneration, social security and pensions | 62 | €195,357 | €148,203 | -€47,154 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,965 | €6,010 | -€7,956 | -57.0% |
| Other operating charges | 640/8 | €2,117 | €4,379 | +€2,262 | +106.8% |
| Gross operating margin | 9900 | €200,800 | €120,823 | -€79,977 | -39.8% |
| Operating profit (loss) | 9901 | -€10,639 | -€37,768 | -€27,129 | -255.0% |
| Financial income | 75/76B | €1,158 | - | -€1,158 | |
| Recurring financial income | 75 | €1,158 | - | -€1,158 | |
| Financial charges | 65/66B | €3,691 | €2,591 | -€1,099 | -29.8% |
| Recurring financial charges | 65 | €2,061 | €2,591 | +€531 | +25.7% |
| Non-recurring financial charges | 66B | €1,630 | - | -€1,630 | |
| Profit (loss) for the period before taxes | 9903 | -€13,172 | -€40,360 | -€27,187 | -206.4% |
| Profit (loss) for the period | 9904 | -€13,172 | -€40,360 | -€27,187 | -206.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,172 | -€40,360 | -€27,187 | -206.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.