TRI-PLEX: 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.
TRI-PLEX
Largest movements
- Cash -€11,876
down €11,876 (-98.1%), from €12,109 to €233
mainly Investment in fixed assets (net) (-€26,955) and Debts after one year (-€19,906)
- Receivables within one year +€7,981
up €7,981 (+65.4%), from €12,212 to €20,193
of which Trade receivables: +€7,943
- Debts after one year -€19,906
down €19,906 (-25.4%), from €78,336 to €58,430
- Reserves +€9,820
up €9,820 (+32.3%), from €30,357 to €40,177
of which Distributable reserves: +€15,370
- Tax, wage and social debts +€4,152
up €4,152 (+49.4%), from €8,412 to €12,564
of which Taxes: +€4,152
- Taxes +€3,550
up €3,550 (+191.7%), from €1,851 to €5,401
- Depreciation -€2,243
down €2,243 (-7.5%), from €29,735 to €27,492
- Financial charges -€988
down €988 (-15.9%), from €6,206 to €5,218
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 | €164,285 | €159,418 | -€4,867 | -3.0% |
| Fixed assets | 21/28 | €137,907 | €137,369 | -€538 | -0.4% |
| Tangible fixed assets | 22/27 | €137,107 | €136,569 | -€538 | -0.4% |
| Land and buildings | 22 | €86,737 | €99,152 | +€12,415 | +14.3% |
| Plant, machinery and equipment | 23 | €451 | €1,244 | +€794 | +176.0% |
| Furniture and vehicles | 24 | €49,919 | €36,173 | -€13,747 | -27.5% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €26,378 | €22,049 | -€4,329 | -16.4% |
| Amounts receivable within one year | 40/41 | €12,212 | €20,193 | +€7,981 | +65.4% |
| Trade receivables | 40 | €12,206 | €20,148 | +€7,943 | +65.1% |
| Other amounts receivable | 41 | €6 | €44 | +€38 | +589.4% |
| Cash at bank and in hand | 54/58 | €12,109 | €233 | -€11,876 | -98.1% |
| Deferred charges and accrued income | 490/1 | €2,057 | €1,623 | -€434 | -21.1% |
| Total equity and liabilities | 10/49 | €164,285 | €159,418 | -€4,867 | -3.0% |
| Equity | 10/15 | €36,557 | €46,377 | +€9,820 | +26.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,357 | €40,177 | +€9,820 | +32.3% |
| Tax-exempt reserves | 132 | €5,550 | €0 | -€5,550 | -100.0% |
| Distributable reserves | 133 | €24,807 | €40,177 | +€15,370 | +62.0% |
| Amounts payable | 17/49 | €127,728 | €113,041 | -€14,688 | -11.5% |
| Amounts payable after more than one year | 17 | €78,336 | €58,430 | -€19,906 | -25.4% |
| Financial debts | 170/4 | €78,336 | €58,430 | -€19,906 | -25.4% |
| Amounts payable within one year | 42/48 | €49,392 | €54,610 | +€5,218 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €18,844 | €19,906 | +€1,062 | +5.6% |
| Trade debts | 44 | €2,437 | €2,356 | -€81 | -3.3% |
| Suppliers | 440/4 | €2,437 | €2,356 | -€81 | -3.3% |
| Advances received on contracts in progress | 46 | - | €582 | +€582 | |
| Taxes, remuneration and social security | 45 | €8,412 | €12,564 | +€4,152 | +49.4% |
| Taxes | 450/3 | €6,412 | €10,564 | +€4,152 | +64.7% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €19,700 | €19,203 | -€497 | -2.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €12,397 | €26,955 | +€14,558 | +117.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,735 | €27,492 | -€2,243 | -7.5% |
| Other operating charges | 640/8 | €2,001 | €1,625 | -€376 | -18.8% |
| Gross operating margin | 9900 | €49,282 | €49,557 | +€275 | +0.6% |
| Operating profit (loss) | 9901 | €17,546 | €20,439 | +€2,894 | +16.5% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Financial charges | 65/66B | €6,206 | €5,218 | -€988 | -15.9% |
| Recurring financial charges | 65 | €6,206 | €5,218 | -€988 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €11,342 | €15,222 | +€3,880 | +34.2% |
| Income taxes | 67/77 | €1,851 | €5,401 | +€3,550 | +191.7% |
| Profit (loss) for the period | 9904 | €9,491 | €9,820 | +€330 | +3.5% |
| Transfer from tax-exempt reserves | 789 | - | €5,550 | +€5,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,491 | €15,370 | +€5,880 | +62.0% |
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 11 October 2026 via checked.be.