TRIALZEN: 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.
TRIALZEN
Largest movements
- Cash +€156,380
up €156,380 (+206.2%), from €75,839 to €232,219
mainly Contributions, distributions and other (+€220,000) and Other debts (+€134,708)
- Receivables within one year +€21,395
up €21,395 (+133.2%), from €16,066 to €37,461
of which Trade receivables: +€17,530
- Contributions +€220,000
up €220,000 (+55.0%), from €400,000 to €620,000
- Profit (loss) carried forward -€173,539
down €173,539 (-52.0%), from -€333,675 to -€507,214
- Other debts +€134,708
up €134,708 (+37559.7%), from €359 to €135,066
- Tax, wage and social debts -€8,899
down €8,899 (-96.9%), from €9,188 to €289
of which Remuneration and social security: -€9,115
- Trade debts +€5,656
up €5,656 (+33.2%), from €17,055 to €22,710
- Gross operating margin -€43,052
down €43,052 (-50.5%), from -€85,181 to -€128,233
- Financial income -€2,673
down €2,673 (-75.5%), from €3,539 to €866
- Provisions +€2,000
new in 2024: €2,000
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,925 | €272,851 | +€179,926 | +193.6% |
| Fixed assets | 21/28 | €1,021 | €2,406 | +€1,385 | +135.7% |
| Tangible fixed assets | 22/27 | €1,021 | €2,406 | +€1,385 | +135.7% |
| Furniture and vehicles | 24 | €1,021 | €2,406 | +€1,385 | +135.7% |
| Current assets | 29/58 | €91,905 | €270,446 | +€178,541 | +194.3% |
| Amounts receivable within one year | 40/41 | €16,066 | €37,461 | +€21,395 | +133.2% |
| Trade receivables | 40 | €7,470 | €25,000 | +€17,530 | +234.7% |
| Other amounts receivable | 41 | €8,596 | €12,461 | +€3,865 | +45.0% |
| Cash at bank and in hand | 54/58 | €75,839 | €232,219 | +€156,380 | +206.2% |
| Deferred charges and accrued income | 490/1 | - | €766 | +€766 | |
| Total equity and liabilities | 10/49 | €92,925 | €272,851 | +€179,926 | +193.6% |
| Equity | 10/15 | €66,325 | €112,786 | +€46,461 | +70.1% |
| Contributions | 10/11 | €400,000 | €620,000 | +€220,000 | +55.0% |
| Capital | 10 | €400,000 | €620,000 | +€220,000 | +55.0% |
| Issued capital | 100 | €400,000 | €950,000 | +€550,000 | +137.5% |
| Uncalled capital | 101 | - | €330,000 | +€330,000 | |
| Profit (loss) carried forward | 14 | -€333,675 | -€507,214 | -€173,539 | -52.0% |
| Provisions and deferred taxes | 16 | - | €2,000 | +€2,000 | |
| Provisions for liabilities and charges | 160/5 | - | €2,000 | +€2,000 | |
| Other liabilities and charges | 164/5 | - | €2,000 | +€2,000 | |
| Amounts payable | 17/49 | €26,601 | €158,065 | +€131,465 | +494.2% |
| Amounts payable within one year | 42/48 | €26,601 | €158,065 | +€131,465 | +494.2% |
| Trade debts | 44 | €17,055 | €22,710 | +€5,656 | +33.2% |
| Suppliers | 440/4 | €17,055 | €22,710 | +€5,656 | +33.2% |
| Taxes, remuneration and social security | 45 | €9,188 | €289 | -€8,899 | -96.9% |
| Taxes | 450/3 | €72 | €289 | +€216 | +299.9% |
| Remuneration and social security | 454/9 | €9,115 | €0 | -€9,115 | -100.0% |
| Other amounts payable | 47/48 | €359 | €135,066 | +€134,708 | +37559.7% |
| Remuneration, social security and pensions | 62 | €43,680 | €42,689 | -€991 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €797 | €36 | -€761 | -95.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €2,000 | +€2,000 | |
| Other operating charges | 640/8 | €348 | €384 | +€37 | +10.6% |
| Non-recurring operating charges | 66A | - | €194 | +€194 | |
| Gross operating margin | 9900 | -€85,181 | -€128,233 | -€43,052 | -50.5% |
| Operating profit (loss) | 9901 | -€130,005 | -€173,536 | -€43,531 | -33.5% |
| Financial income | 75/76B | €3,539 | €866 | -€2,673 | -75.5% |
| Recurring financial income | 75 | €3,539 | €866 | -€2,673 | -75.5% |
| Financial charges | 65/66B | €194 | €784 | +€590 | +304.4% |
| Recurring financial charges | 65 | €194 | €784 | +€590 | +304.4% |
| Profit (loss) for the period before taxes | 9903 | -€126,660 | -€173,454 | -€46,794 | -36.9% |
| Income taxes | 67/77 | €62 | €85 | +€23 | +37.5% |
| Profit (loss) for the period | 9904 | -€126,722 | -€173,539 | -€46,817 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€126,722 | -€173,539 | -€46,817 | -36.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.