Tri-Worx: 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-Worx
Largest movements
- Cash +€15,153
up €15,153 (+51.7%), from €29,335 to €44,488
mainly Net result for the year (+€19,958) and Trade debts (+€18,317)
- Tangible fixed assets -€5,780
down €5,780 (-42.0%), from €13,759 to €7,979
of which Leasing and similar rights: -€6,587
- Receivables within one year -€2,670
down €2,670 (-10.3%), from €25,884 to €23,214
of which Other amounts receivable: -€4,099
- Debts after one year -€22,145
no longer reported in 2025 (was €22,145)
- Reserves +€19,958
up €19,958 (+267%), from €7,477 to €27,434
- Trade debts +€18,317
up €18,317 (+417%), from €4,397 to €22,714
- Current portion of long-term debt -€12,786
down €12,786 (-79.6%), from €16,057 to €3,271
- Other debts +€3,346
new in 2025: €3,346
- Gross operating margin -€38,525
down €38,525 (-52.4%), from €73,478 to €34,953
- Staff costs -€14,755
down €14,755 (-93.6%), from €15,772 to €1,016
- Depreciation -€6,490
down €6,490 (-69.1%), from €9,393 to €2,903
- Taxes +€4,594
up €4,594 (+107%), from €4,312 to €8,906
- Financial income -€1,588
down €1,588 (-99.0%), from €1,604 to €16
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 | €71,038 | €78,063 | +€7,026 | +9.9% |
| Fixed assets | 21/28 | €14,091 | €8,015 | -€6,076 | -43.1% |
| Intangible fixed assets | 21 | €331 | €36 | -€296 | -89.2% |
| Tangible fixed assets | 22/27 | €13,759 | €7,979 | -€5,780 | -42.0% |
| Land and buildings | 22 | €2,730 | €5,223 | +€2,493 | +91.3% |
| Plant, machinery and equipment | 23 | €1,125 | €858 | -€267 | -23.7% |
| Furniture and vehicles | 24 | €3,317 | €1,898 | -€1,418 | -42.8% |
| Leasing and similar rights | 25 | €6,587 | - | -€6,587 | |
| Current assets | 29/58 | €56,947 | €70,048 | +€13,101 | +23.0% |
| Amounts receivable within one year | 40/41 | €25,884 | €23,214 | -€2,670 | -10.3% |
| Trade receivables | 40 | €18,695 | €20,124 | +€1,430 | +7.6% |
| Other amounts receivable | 41 | €7,189 | €3,090 | -€4,099 | -57.0% |
| Cash at bank and in hand | 54/58 | €29,335 | €44,488 | +€15,153 | +51.7% |
| Deferred charges and accrued income | 490/1 | €1,728 | €2,346 | +€618 | +35.7% |
| Total equity and liabilities | 10/49 | €71,038 | €78,063 | +€7,026 | +9.9% |
| Equity | 10/15 | €22,477 | €42,434 | +€19,958 | +88.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €7,477 | €27,434 | +€19,958 | +267% |
| Distributable reserves | 133 | €7,477 | €27,434 | +€19,958 | +267% |
| Amounts payable | 17/49 | €48,561 | €35,629 | -€12,932 | -26.6% |
| Amounts payable after more than one year | 17 | €22,145 | - | -€22,145 | |
| Financial debts | 170/4 | €22,145 | - | -€22,145 | |
| Amounts payable within one year | 42/48 | €26,416 | €35,629 | +€9,213 | +34.9% |
| Current portion of amounts payable after more than one year | 42 | €16,057 | €3,271 | -€12,786 | -79.6% |
| Trade debts | 44 | €4,397 | €22,714 | +€18,317 | +417% |
| Suppliers | 440/4 | €4,397 | €22,714 | +€18,317 | +417% |
| Taxes, remuneration and social security | 45 | €5,962 | €6,299 | +€337 | +5.7% |
| Taxes | 450/3 | €5,962 | €6,299 | +€337 | +5.7% |
| Other amounts payable | 47/48 | - | €3,346 | +€3,346 | |
| Non-recurring operating income | 76A | - | €6,824 | +€6,824 | |
| Remuneration, social security and pensions | 62 | €15,772 | €1,016 | -€14,755 | -93.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,393 | €2,903 | -€6,490 | -69.1% |
| Other operating charges | 640/8 | €681 | €209 | -€471 | -69.2% |
| Gross operating margin | 9900 | €73,478 | €34,953 | -€38,525 | -52.4% |
| Operating profit (loss) | 9901 | €47,633 | €30,824 | -€16,809 | -35.3% |
| Financial income | 75/76B | €1,604 | €16 | -€1,588 | -99.0% |
| Recurring financial income | 75 | €1,604 | €16 | -€1,588 | -99.0% |
| Financial charges | 65/66B | €3,057 | €1,976 | -€1,082 | -35.4% |
| Recurring financial charges | 65 | €3,057 | €1,976 | -€1,082 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €46,180 | €28,864 | -€17,316 | -37.5% |
| Income taxes | 67/77 | €4,312 | €8,906 | +€4,594 | +107% |
| Profit (loss) for the period | 9904 | €41,867 | €19,958 | -€21,910 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,867 | €19,958 | -€21,910 | -52.3% |
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 30 October 2026 via checked.be.