TRIALL: 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.
TRIALL
Largest movements
- Tangible fixed assets -€16,548
down €16,548 (-9.2%), from €179,552 to €163,004
- Cash +€12,228
up €12,228 (+32.9%), from €37,200 to €49,428
mainly Depreciation (+€16,548) and Net result for the year (+€12,162)
- Debts after one year -€18,872
down €18,872 (-11.6%), from €162,812 to €143,940
of which Financial debts: -€18,872
- Other debts +€7,239
new in 2025: €7,239
- Reserves +€4,923
up €4,923 (+18.0%), from €27,386 to €32,308
- Gross operating margin +€872
up €872 (+2.1%), from €42,384 to €43,255
- Financial charges -€584
down €584 (-9.0%), from €6,466 to €5,882
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 | €219,801 | €215,395 | -€4,405 | -2.0% |
| Fixed assets | 21/28 | €179,552 | €163,004 | -€16,548 | -9.2% |
| Tangible fixed assets | 22/27 | €179,552 | €163,004 | -€16,548 | -9.2% |
| Land and buildings | 22 | €179,552 | €163,004 | -€16,548 | -9.2% |
| Current assets | 29/58 | €40,249 | €52,391 | +€12,143 | +30.2% |
| Amounts receivable within one year | 40/41 | €184 | €9 | -€175 | -95.0% |
| Other amounts receivable | 41 | €184 | €9 | -€175 | -95.0% |
| Cash at bank and in hand | 54/58 | €37,200 | €49,428 | +€12,228 | +32.9% |
| Deferred charges and accrued income | 490/1 | €2,864 | €2,955 | +€90 | +3.1% |
| Total equity and liabilities | 10/49 | €219,801 | €215,395 | -€4,405 | -2.0% |
| Equity | 10/15 | €36,160 | €41,083 | +€4,923 | +13.6% |
| Contributions | 10/11 | €6,188 | €6,188 | = | 0.0% |
| Reserves | 13 | €27,386 | €32,308 | +€4,923 | +18.0% |
| Distributable reserves | 133 | €27,386 | €32,308 | +€4,923 | +18.0% |
| Profit (loss) carried forward | 14 | €2,586 | €2,586 | = | 0.0% |
| Amounts payable | 17/49 | €183,640 | €174,312 | -€9,328 | -5.1% |
| Amounts payable after more than one year | 17 | €162,812 | €143,940 | -€18,872 | -11.6% |
| Financial debts | 170/4 | €154,812 | €135,940 | -€18,872 | -12.2% |
| Other amounts payable | 178/9 | €8,000 | €8,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,118 | €30,084 | +€9,966 | +49.5% |
| Current portion of amounts payable after more than one year | 42 | €18,247 | €18,872 | +€625 | +3.4% |
| Trade debts | 44 | €84 | €10 | -€74 | -88.4% |
| Suppliers | 440/4 | €84 | €10 | -€74 | -88.4% |
| Taxes, remuneration and social security | 45 | €1,787 | €3,963 | +€2,175 | +121.7% |
| Taxes | 450/3 | €1,787 | €3,963 | +€2,175 | +121.7% |
| Other amounts payable | 47/48 | - | €7,239 | +€7,239 | |
| Accrued charges and deferred income | 492/3 | €710 | €289 | -€421 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,548 | €16,548 | = | 0.0% |
| Other operating charges | 640/8 | €2,753 | €2,988 | +€236 | +8.6% |
| Gross operating margin | 9900 | €42,384 | €43,255 | +€872 | +2.1% |
| Operating profit (loss) | 9901 | €23,083 | €23,719 | +€636 | +2.8% |
| Financial charges | 65/66B | €6,466 | €5,882 | -€584 | -9.0% |
| Recurring financial charges | 65 | €6,466 | €5,882 | -€584 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €16,617 | €17,837 | +€1,220 | +7.3% |
| Income taxes | 67/77 | €5,287 | €5,675 | +€388 | +7.3% |
| Profit (loss) for the period | 9904 | €11,330 | €12,162 | +€832 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,330 | €12,162 | +€832 | +7.3% |
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 3 October 2026 via checked.be.