TRIAD-IT: 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.
TRIAD-IT
Largest movements
- Cash +€86,614
up €86,614 (+97.4%), from €88,928 to €175,542
mainly Net result for the year (+€139,359) and Other debts (+€31,204)
- Reserves +€31,310
up €31,310 (+2.4%), from €1.3m to €1.3m
- Other debts +€31,204
up €31,204 (+53.7%), from €58,158 to €89,362
- Financial charges +€17,281
up €17,281 (+226.3%), from €7,637 to €24,919
- Financial income +€8,005
up €8,005 (+14.2%), from €56,388 to €64,393
- Taxes -€3,083
down €3,083 (-5.0%), from €61,670 to €58,587
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 | €1,382,081 | €1,444,774 | +€62,693 | +4.5% |
| Fixed assets | 21/28 | €243,100 | €229,870 | -€13,231 | -5.4% |
| Tangible fixed assets | 22/27 | €243,100 | €229,870 | -€13,231 | -5.4% |
| Land and buildings | 22 | €220,922 | €216,344 | -€4,578 | -2.1% |
| Plant, machinery and equipment | 23 | €2,739 | €1,862 | -€877 | -32.0% |
| Furniture and vehicles | 24 | €19,130 | €11,571 | -€7,559 | -39.5% |
| Other tangible fixed assets | 26 | €309 | €92 | -€217 | -70.2% |
| Current assets | 29/58 | €1,138,981 | €1,214,904 | +€75,924 | +6.7% |
| Amounts receivable after more than one year | 29 | €98,049 | €93,459 | -€4,590 | -4.7% |
| Other amounts receivable | 291 | €98,049 | €93,459 | -€4,590 | -4.7% |
| Amounts receivable within one year | 40/41 | €26,984 | €26,961 | -€22 | -0.1% |
| Trade receivables | 40 | €22,528 | €23,506 | +€979 | +4.3% |
| Other amounts receivable | 41 | €4,456 | €3,455 | -€1,001 | -22.5% |
| Current investments | 50/53 | €921,153 | €914,672 | -€6,480 | -0.7% |
| Cash at bank and in hand | 54/58 | €88,928 | €175,542 | +€86,614 | +97.4% |
| Deferred charges and accrued income | 490/1 | €3,868 | €4,270 | +€402 | +10.4% |
| Total equity and liabilities | 10/49 | €1,382,081 | €1,444,774 | +€62,693 | +4.5% |
| Equity | 10/15 | €1,297,821 | €1,329,131 | +€31,310 | +2.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,285,421 | €1,316,731 | +€31,310 | +2.4% |
| Distributable reserves | 133 | €1,285,421 | €1,316,731 | +€31,310 | +2.4% |
| Amounts payable | 17/49 | €84,260 | €115,643 | +€31,383 | +37.2% |
| Amounts payable within one year | 42/48 | €78,115 | €108,711 | +€30,596 | +39.2% |
| Trade debts | 44 | €1,073 | €1,099 | +€26 | +2.4% |
| Suppliers | 440/4 | €1,073 | €1,099 | +€26 | +2.4% |
| Taxes, remuneration and social security | 45 | €18,884 | €18,250 | -€634 | -3.4% |
| Taxes | 450/3 | €14,696 | €18,250 | +€3,554 | +24.2% |
| Remuneration and social security | 454/9 | €4,188 | - | -€4,188 | |
| Other amounts payable | 47/48 | €58,158 | €89,362 | +€31,204 | +53.7% |
| Accrued charges and deferred income | 492/3 | €6,145 | €6,932 | +€787 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,316 | €13,231 | -€1,085 | -7.6% |
| Other operating charges | 640/8 | €1,132 | €1,109 | -€22 | -2.0% |
| Gross operating margin | 9900 | €173,612 | €172,812 | -€800 | -0.5% |
| Operating profit (loss) | 9901 | €158,164 | €158,471 | +€307 | +0.2% |
| Financial income | 75/76B | €56,388 | €64,393 | +€8,005 | +14.2% |
| Recurring financial income | 75 | €56,388 | €64,393 | +€8,005 | +14.2% |
| Financial charges | 65/66B | €7,637 | €24,919 | +€17,281 | +226.3% |
| Recurring financial charges | 65 | €7,637 | €24,919 | +€17,281 | +226.3% |
| Profit (loss) for the period before taxes | 9903 | €206,915 | €197,946 | -€8,969 | -4.3% |
| Income taxes | 67/77 | €61,670 | €58,587 | -€3,083 | -5.0% |
| Profit (loss) for the period | 9904 | €145,245 | €139,359 | -€5,886 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €145,245 | €139,359 | -€5,886 | -4.1% |
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 9 October 2026 via checked.be.