TRIA: 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.
TRIA
Largest movements
- Cash +€46,973
up €46,973 (+587.2%), from €7,999 to €54,972
mainly Net result for the year (+€125,507) and Receivables within one year (+€26,819)
- Receivables within one year -€26,819
down €26,819 (-87.3%), from €30,721 to €3,902
of which Other amounts receivable: -€29,009
- Tangible fixed assets -€10,362
down €10,362 (-11.3%), from €91,711 to €81,349
- Stocks and contracts +€1,982
up €1,982 (+6.2%), from €32,202 to €34,184
- Profit (loss) carried forward +€125,507
up €125,507, from -€123,873 to €1,634
- Tax, wage and social debts -€47,944
down €47,944 (-59.3%), from €80,892 to €32,948
of which Remuneration and social security: -€37,267
- Other debts -€44,948
down €44,948 (-41.5%), from €108,265 to €63,317
- Trade debts -€31,734
down €31,734 (-46.3%), from €68,543 to €36,809
- Accrued charges and deferred income +€10,571
new in 2025: €10,571
- Gross operating margin +€94,345
up €94,345 (+36.6%), from €257,770 to €352,116
- Staff costs -€33,317
down €33,317 (-16.7%), from €199,341 to €166,024
- Write-downs +€28,086
new in 2025: €28,086
- Other operating charges -€9,386
down €9,386 (-61.7%), from €15,223 to €5,836
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 | €163,827 | €175,279 | +€11,452 | +7.0% |
| Fixed assets | 21/28 | €91,711 | €81,349 | -€10,362 | -11.3% |
| Tangible fixed assets | 22/27 | €91,711 | €81,349 | -€10,362 | -11.3% |
| Plant, machinery and equipment | 23 | €42,483 | €37,532 | -€4,951 | -11.7% |
| Furniture and vehicles | 24 | €35,333 | €32,104 | -€3,229 | -9.1% |
| Other tangible fixed assets | 26 | €13,895 | €11,713 | -€2,182 | -15.7% |
| Current assets | 29/58 | €72,116 | €93,930 | +€21,814 | +30.2% |
| Stocks and contracts in progress | 3 | €32,202 | €34,184 | +€1,982 | +6.2% |
| Stocks | 30/36 | €32,202 | €34,184 | +€1,982 | +6.2% |
| Amounts receivable within one year | 40/41 | €30,721 | €3,902 | -€26,819 | -87.3% |
| Trade receivables | 40 | €224 | €2,414 | +€2,190 | +979.5% |
| Other amounts receivable | 41 | €30,498 | €1,488 | -€29,009 | -95.1% |
| Cash at bank and in hand | 54/58 | €7,999 | €54,972 | +€46,973 | +587.2% |
| Deferred charges and accrued income | 490/1 | €1,194 | €872 | -€322 | -27.0% |
| Total equity and liabilities | 10/49 | €163,827 | €175,279 | +€11,452 | +7.0% |
| Equity | 10/15 | -€93,873 | €31,634 | +€125,507 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€123,873 | €1,634 | +€125,507 | |
| Amounts payable | 17/49 | €257,700 | €143,645 | -€114,055 | -44.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €257,700 | €133,074 | -€124,626 | -48.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €68,543 | €36,809 | -€31,734 | -46.3% |
| Suppliers | 440/4 | €68,543 | €36,809 | -€31,734 | -46.3% |
| Taxes, remuneration and social security | 45 | €80,892 | €32,948 | -€47,944 | -59.3% |
| Taxes | 450/3 | €19,523 | €8,845 | -€10,677 | -54.7% |
| Remuneration and social security | 454/9 | €61,369 | €24,103 | -€37,267 | -60.7% |
| Other amounts payable | 47/48 | €108,265 | €63,317 | -€44,948 | -41.5% |
| Accrued charges and deferred income | 492/3 | - | €10,571 | +€10,571 | |
| Non-recurring operating income | 76A | €32,743 | €0 | -€32,743 | -100.0% |
| Remuneration, social security and pensions | 62 | €199,341 | €166,024 | -€33,317 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,065 | €15,508 | +€443 | +2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €28,086 | +€28,086 | |
| Other operating charges | 640/8 | €15,223 | €5,836 | -€9,386 | -61.7% |
| Gross operating margin | 9900 | €257,770 | €352,116 | +€94,345 | +36.6% |
| Operating profit (loss) | 9901 | €28,142 | €136,662 | +€108,520 | +385.6% |
| Financial income | 75/76B | €2,100 | €1,916 | -€184 | -8.8% |
| Recurring financial income | 75 | €2,100 | €1,916 | -€184 | -8.8% |
| Financial charges | 65/66B | €13,830 | €13,071 | -€759 | -5.5% |
| Recurring financial charges | 65 | €13,830 | €13,071 | -€759 | -5.5% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €16,412 | €125,507 | +€109,095 | +664.7% |
| Profit (loss) for the period | 9904 | €16,412 | €125,507 | +€109,095 | +664.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,412 | €125,507 | +€109,095 | +664.7% |
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 9 October 2026 via checked.be.