TRIAMED: 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.
TRIAMED
Largest movements
- Cash -€82,461
down €82,461 (-69.9%), from €117,963 to €35,501
mainly Contributions, distributions and other (-€134,884) and Other debts (-€125,116)
- Tangible fixed assets -€45,343
down €45,343 (-14.3%), from €316,725 to €271,381
of which Land and buildings: -€43,229
- Receivables within one year -€12,670
down €12,670 (-8.2%), from €155,019 to €142,349
of which Other amounts receivable: -€24,455
- Other debts -€125,116
down €125,116 (-32.9%), from €380,000 to €254,884
- Trade debts -€31,209
down €31,209 (-91.9%), from €33,977 to €2,767
- Short-term financial debts +€20,543
new in 2025: €20,543
- Debts after one year -€15,000
down €15,000 (-24.0%), from €62,387 to €47,387
of which Financial debts: -€15,000
- Tax, wage and social debts +€10,618
up €10,618 (+1573.0%), from €675 to €11,293
- Gross operating margin +€105,909
up €105,909 (+60.8%), from €174,248 to €280,157
- Staff costs +€45,543
new in 2025: €45,543
- Taxes +€7,546
up €7,546 (+21.0%), from €35,967 to €43,513
- Depreciation +€3,889
up €3,889 (+7.9%), from €49,386 to €53,275
- Other operating charges -€3,455
down €3,455 (-86.7%), from €3,985 to €530
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 | €591,573 | €450,669 | -€140,904 | -23.8% |
| Fixed assets | 21/28 | €316,725 | €271,381 | -€45,343 | -14.3% |
| Tangible fixed assets | 22/27 | €316,725 | €271,381 | -€45,343 | -14.3% |
| Land and buildings | 22 | €290,986 | €247,757 | -€43,229 | -14.9% |
| Plant, machinery and equipment | 23 | €21,677 | €21,738 | +€61 | +0.3% |
| Furniture and vehicles | 24 | €4,062 | €1,886 | -€2,175 | -53.6% |
| Current assets | 29/58 | €274,848 | €179,288 | -€95,560 | -34.8% |
| Amounts receivable within one year | 40/41 | €155,019 | €142,349 | -€12,670 | -8.2% |
| Trade receivables | 40 | €67,499 | €79,285 | +€11,786 | +17.5% |
| Other amounts receivable | 41 | €87,519 | €63,064 | -€24,455 | -27.9% |
| Cash at bank and in hand | 54/58 | €117,963 | €35,501 | -€82,461 | -69.9% |
| Deferred charges and accrued income | 490/1 | €1,867 | €1,437 | -€429 | -23.0% |
| Total equity and liabilities | 10/49 | €591,573 | €450,669 | -€140,904 | -23.8% |
| Equity | 10/15 | €95,044 | €95,044 | = | 0.0% |
| Contributions | 10/11 | €84,284 | €84,284 | = | 0.0% |
| Capital | 10 | €84,284 | €84,284 | = | 0.0% |
| Issued capital | 100 | €84,284 | €84,284 | = | 0.0% |
| Reserves | 13 | €10,761 | €10,761 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,428 | €8,428 | = | 0.0% |
| Legal reserve | 130 | €8,428 | €8,428 | = | 0.0% |
| Distributable reserves | 133 | €2,332 | €2,332 | = | 0.0% |
| Amounts payable | 17/49 | €496,528 | €355,625 | -€140,904 | -28.4% |
| Amounts payable after more than one year | 17 | €62,387 | €47,387 | -€15,000 | -24.0% |
| Financial debts | 170/4 | €60,000 | €45,000 | -€15,000 | -25.0% |
| Other amounts payable | 178/9 | €2,387 | €2,387 | = | 0.0% |
| Amounts payable within one year | 42/48 | €432,152 | €306,988 | -€125,164 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €17,500 | €17,500 | = | 0.0% |
| Financial debts | 43 | - | €20,543 | +€20,543 | |
| Credit institutions | 430/8 | - | €20,543 | +€20,543 | |
| Trade debts | 44 | €33,977 | €2,767 | -€31,209 | -91.9% |
| Suppliers | 440/4 | €33,977 | €2,767 | -€31,209 | -91.9% |
| Taxes, remuneration and social security | 45 | €675 | €11,293 | +€10,618 | +1573.0% |
| Taxes | 450/3 | €675 | €11,293 | +€10,618 | +1573.0% |
| Other amounts payable | 47/48 | €380,000 | €254,884 | -€125,116 | -32.9% |
| Accrued charges and deferred income | 492/3 | €1,990 | €1,250 | -€740 | -37.2% |
| Non-recurring operating income | 76A | - | €50,000 | +€50,000 | |
| Remuneration, social security and pensions | 62 | - | €45,543 | +€45,543 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,386 | €53,275 | +€3,889 | +7.9% |
| Other operating charges | 640/8 | €3,985 | €530 | -€3,455 | -86.7% |
| Gross operating margin | 9900 | €174,248 | €280,157 | +€105,909 | +60.8% |
| Operating profit (loss) | 9901 | €120,877 | €180,809 | +€59,932 | +49.6% |
| Financial income | 75/76B | €869 | €848 | -€21 | -2.5% |
| Recurring financial income | 75 | €869 | €848 | -€21 | -2.5% |
| Financial charges | 65/66B | €3,629 | €3,259 | -€370 | -10.2% |
| Recurring financial charges | 65 | €3,629 | €3,259 | -€370 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €118,116 | €178,397 | +€60,281 | +51.0% |
| Income taxes | 67/77 | €35,967 | €43,513 | +€7,546 | +21.0% |
| Profit (loss) for the period | 9904 | €82,150 | €134,884 | +€52,735 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €82,150 | €134,884 | +€52,735 | +64.2% |
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 30 September 2026 via checked.be.