TRIABEL ASSOCIATION: 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.
TRIABEL ASSOCIATION
Largest movements
- Cash -€849
down €849 (-95.4%), from €890 to €41
mainly Debts within one year (-€12,619) and Receivables within one year (-€229)
- Tangible fixed assets -€450
no longer reported in 2019 (was €450)
- Receivables within one year +€229
up €229 (+6.4%), from €3,591 to €3,821
- Debts within one year -€12,619
down €12,619 (-26.0%), from €48,534 to €35,915
- Profit (loss) carried forward +€11,549
up €11,549 (+26.5%), from -€43,602 to -€32,053
- Gross operating margin +€8,341
up €8,341 (+200%), from €4,180 to €12,521
From the 2018 result to the 2019 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 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,931 | €3,862 | -€1,069 | -21.7% |
| Fixed assets | 21/28 | €450 | - | -€450 | |
| Tangible fixed assets | 22/27 | €450 | - | -€450 | |
| Current assets | 29/58 | €4,481 | €3,862 | -€620 | -13.8% |
| Amounts receivable within one year | 40/41 | €3,591 | €3,821 | +€229 | +6.4% |
| Cash at bank and in hand | 54/58 | €890 | €41 | -€849 | -95.4% |
| Total equity and liabilities | 10/49 | €4,931 | €3,862 | -€1,069 | -21.7% |
| Equity | 10/15 | -€43,602 | -€32,053 | +€11,549 | +26.5% |
| Profit (loss) carried forward | 14 | -€43,602 | -€32,053 | +€11,549 | +26.5% |
| Amounts payable | 17/49 | €48,534 | €35,915 | -€12,619 | -26.0% |
| Amounts payable within one year | 42/48 | €48,534 | €35,915 | -€12,619 | -26.0% |
| Trade debts | 44 | €6,197 | €8,167 | +€1,970 | +31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €450 | €450 | = | 0.0% |
| Gross operating margin | 9900 | €4,180 | €12,521 | +€8,341 | +200% |
| Operating profit (loss) | 9901 | €3,418 | €11,999 | +€8,581 | +251% |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Recurring financial charges | 65 | €174 | €449 | +€276 | +159% |
| Profit (loss) for the period before taxes | 9903 | €3,265 | €11,549 | +€8,284 | +254% |
| Profit (loss) for the period | 9904 | €3,265 | €11,549 | +€8,284 | +254% |
| Profit (loss) for the period to be appropriated | 9905 | €3,265 | €11,549 | +€8,284 | +254% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.