TRIAMO: 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.
TRIAMO
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€123,958
down €123,958 (-73.3%), from €169,130 to €45,172
mainly Current investments (-€150,000) and Contributions, distributions and other (-€21,834)
- Tangible fixed assets -€19,185
down €19,185 (-4.8%), from €403,728 to €384,542
- Reserves +€10,512
up €10,512 (+6.4%), from €164,925 to €175,437
of which Distributable reserves: +€27,012
No income-statement line moved by more than 1% of the activity.
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 | €574,306 | €581,181 | +€6,875 | +1.2% |
| Fixed assets | 21/28 | €403,728 | €384,542 | -€19,185 | -4.8% |
| Tangible fixed assets | 22/27 | €403,728 | €384,542 | -€19,185 | -4.8% |
| Land and buildings | 22 | €403,728 | €384,542 | -€19,185 | -4.8% |
| Current assets | 29/58 | €170,578 | €196,638 | +€26,060 | +15.3% |
| Amounts receivable within one year | 40/41 | €80 | €80 | = | 0.0% |
| Other amounts receivable | 41 | €80 | €80 | = | 0.0% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €169,130 | €45,172 | -€123,958 | -73.3% |
| Deferred charges and accrued income | 490/1 | €1,368 | €1,386 | +€18 | +1.3% |
| Total equity and liabilities | 10/49 | €574,306 | €581,181 | +€6,875 | +1.2% |
| Equity | 10/15 | €329,925 | €340,437 | +€10,512 | +3.2% |
| Contributions | 10/11 | €165,000 | €165,000 | = | 0.0% |
| Reserves | 13 | €164,925 | €175,437 | +€10,512 | +6.4% |
| Non-distributable reserves | 130/1 | €16,500 | €0 | -€16,500 | -100.0% |
| Reserves not available under the articles | 1311 | €16,500 | €0 | -€16,500 | -100.0% |
| Distributable reserves | 133 | €148,425 | €175,437 | +€27,012 | +18.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €244,381 | €240,743 | -€3,637 | -1.5% |
| Amounts payable after more than one year | 17 | €218,759 | €218,759 | = | 0.0% |
| Financial debts | 170/4 | €194,759 | €194,759 | = | 0.0% |
| Other amounts payable | 178/9 | €24,000 | €24,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,621 | €21,959 | -€3,662 | -14.3% |
| Trade debts | 44 | €0 | €26 | +€26 | |
| Suppliers | 440/4 | €0 | €26 | +€26 | |
| Taxes, remuneration and social security | 45 | €24 | €99 | +€75 | +308.9% |
| Taxes | 450/3 | €24 | €99 | +€75 | +308.9% |
| Other amounts payable | 47/48 | €25,597 | €21,834 | -€3,763 | -14.7% |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,185 | €19,185 | -€0 | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €67,906 | €67,586 | -€320 | -0.5% |
| Operating profit (loss) | 9901 | €48,216 | €47,881 | -€334 | -0.7% |
| Financial charges | 65/66B | €323 | €423 | +€100 | +31.1% |
| Recurring financial charges | 65 | €323 | €423 | +€100 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €47,893 | €47,458 | -€435 | -0.9% |
| Income taxes | 67/77 | €15,255 | €15,112 | -€143 | -0.9% |
| Profit (loss) for the period | 9904 | €32,638 | €32,346 | -€291 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,638 | €32,346 | -€291 | -0.9% |
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 5 October 2026 via checked.be.