TRIALIS: 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.
TRIALIS
Largest movements
- Current investments +€575,000
new in 2025: €575,000
- Intangible fixed assets +€458,753
up €458,753 (+22.0%), from €2.1m to €2.5m
- Cash -€153,703
down €153,703 (-20.8%), from €739,045 to €585,342
mainly Contributions, distributions and other (-€755,374) and Investment in fixed assets (net) (-€596,900)
- Contributions +€575,000
up €575,000 (+30.3%), from €1.9m to €2.5m
- Other debts +€285,210
up €285,210 (+27.1%), from €1.1m to €1.3m
- Gross operating margin +€490,619
up €490,619 (+31.3%), from €1.6m to €2.1m
- Depreciation +€122,822
up €122,822 (+455%), from €26,978 to €149,800
- Staff costs +€82,438
up €82,438 (+16.9%), from €486,805 to €569,243
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 | €3,033,836 | €3,916,256 | +€882,421 | +29.1% |
| Fixed assets | 21/28 | €2,129,717 | €2,576,817 | +€447,100 | +21.0% |
| Intangible fixed assets | 21 | €2,083,140 | €2,541,893 | +€458,753 | +22.0% |
| Tangible fixed assets | 22/27 | €46,577 | €34,924 | -€11,653 | -25.0% |
| Furniture and vehicles | 24 | €46,577 | €34,924 | -€11,653 | -25.0% |
| Current assets | 29/58 | €904,118 | €1,339,439 | +€435,321 | +48.1% |
| Amounts receivable within one year | 40/41 | €165,073 | €178,194 | +€13,121 | +7.9% |
| Trade receivables | 40 | €1,110 | €1,144 | +€34 | +3.1% |
| Other amounts receivable | 41 | €163,963 | €177,050 | +€13,087 | +8.0% |
| Current investments | 50/53 | - | €575,000 | +€575,000 | |
| Cash at bank and in hand | 54/58 | €739,045 | €585,342 | -€153,703 | -20.8% |
| Deferred charges and accrued income | 490/1 | - | €903 | +€903 | |
| Total equity and liabilities | 10/49 | €3,033,836 | €3,916,256 | +€882,421 | +29.1% |
| Equity | 10/15 | €1,896,854 | €2,474,990 | +€578,136 | +30.5% |
| Contributions | 10/11 | €1,895,800 | €2,470,800 | +€575,000 | +30.3% |
| Profit (loss) carried forward | 14 | €1,054 | €4,190 | +€3,136 | +298% |
| Amounts payable | 17/49 | €1,136,982 | €1,441,266 | +€304,285 | +26.8% |
| Amounts payable within one year | 42/48 | €1,136,982 | €1,441,266 | +€304,285 | +26.8% |
| Trade debts | 44 | €20,522 | €15,315 | -€5,207 | -25.4% |
| Suppliers | 440/4 | €20,522 | €15,315 | -€5,207 | -25.4% |
| Taxes, remuneration and social security | 45 | €65,140 | €89,421 | +€24,281 | +37.3% |
| Taxes | 450/3 | €0 | €17,951 | +€17,951 | +44,878,275% |
| Remuneration and social security | 454/9 | €65,140 | €71,470 | +€6,330 | +9.7% |
| Other amounts payable | 47/48 | €1,051,320 | €1,336,530 | +€285,210 | +27.1% |
| Remuneration, social security and pensions | 62 | €486,805 | €569,243 | +€82,438 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,978 | €149,800 | +€122,822 | +455% |
| Other operating charges | 640/8 | €2,455 | €2,863 | +€408 | +16.6% |
| Gross operating margin | 9900 | €1,568,284 | €2,058,903 | +€490,619 | +31.3% |
| Operating profit (loss) | 9901 | €1,052,046 | €1,336,997 | +€284,951 | +27.1% |
| Financial income | 75/76B | €423 | €2,435 | +€2,013 | +476% |
| Recurring financial income | 75 | €423 | €2,435 | +€2,013 | +476% |
| Financial charges | 65/66B | €2,641 | €225 | -€2,416 | -91.5% |
| Recurring financial charges | 65 | €2,641 | €225 | -€2,416 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | €1,049,827 | €1,339,207 | +€289,380 | +27.6% |
| Income taxes | 67/77 | €3,664 | €5,697 | +€2,033 | +55.5% |
| Profit (loss) for the period | 9904 | €1,046,163 | €1,333,510 | +€287,347 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,046,163 | €1,333,510 | +€287,347 | +27.5% |
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 27 October 2026 via checked.be.