TRIAMUSEMENT: 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.
TRIAMUSEMENT
Largest movements
- Receivables within one year +€37,062
up €37,062 (+210.6%), from €17,599 to €54,662
of which Other amounts receivable: +€21,509
- Tangible fixed assets +€23,419
up €23,419 (+155.7%), from €15,045 to €38,464
of which Plant, machinery and equipment: +€16,820
- Deferred charges and accrued income -€17,383
down €17,383 (-55.9%), from €31,109 to €13,726
- Intangible fixed assets +€12,740
new in 2025: €12,740
- Cash +€4,870
up €4,870 (+374.7%), from €1,300 to €6,169
mainly Net result for the year (+€62,023) and Tax, wage and social debts (+€25,282)
- Profit (loss) carried forward +€62,023
up €62,023 (+630955.1%), from €10 to €62,033
- Other debts -€35,392
down €35,392 (-72.2%), from €49,033 to €13,640
- Tax, wage and social debts +€25,282
new in 2025: €25,282
- Trade debts +€8,795
up €8,795 (+1571.5%), from €560 to €9,355
- Gross operating margin +€137,941
up €137,941 (+731.9%), from €18,846 to €156,787
- Other operating charges +€49,392
up €49,392 (+680.6%), from €7,257 to €56,649
- Taxes +€25,282
new in 2025: €25,282
- Depreciation +€10,771
up €10,771 (+633.6%), from €1,700 to €12,471
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 | €70,053 | €130,761 | +€60,707 | +86.7% |
| Fixed assets | 21/28 | €20,045 | €56,204 | +€36,158 | +180.4% |
| Intangible fixed assets | 21 | - | €12,740 | +€12,740 | |
| Tangible fixed assets | 22/27 | €15,045 | €38,464 | +€23,419 | +155.7% |
| Plant, machinery and equipment | 23 | €7,156 | €23,976 | +€16,820 | +235.0% |
| Furniture and vehicles | 24 | €5,701 | €7,492 | +€1,791 | +31.4% |
| Other tangible fixed assets | 26 | €2,188 | €6,996 | +€4,808 | +219.8% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €50,008 | €74,557 | +€24,549 | +49.1% |
| Amounts receivable within one year | 40/41 | €17,599 | €54,662 | +€37,062 | +210.6% |
| Trade receivables | 40 | €16,948 | €32,502 | +€15,554 | +91.8% |
| Other amounts receivable | 41 | €651 | €22,160 | +€21,509 | +3303.3% |
| Cash at bank and in hand | 54/58 | €1,300 | €6,169 | +€4,870 | +374.7% |
| Deferred charges and accrued income | 490/1 | €31,109 | €13,726 | -€17,383 | -55.9% |
| Total equity and liabilities | 10/49 | €70,053 | €130,761 | +€60,707 | +86.7% |
| Equity | 10/15 | €20,461 | €82,484 | +€62,023 | +303.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10 | €62,033 | +€62,023 | +630955.1% |
| Amounts payable | 17/49 | €49,592 | €48,277 | -€1,316 | -2.7% |
| Amounts payable within one year | 42/48 | €49,592 | €48,277 | -€1,316 | -2.7% |
| Trade debts | 44 | €560 | €9,355 | +€8,795 | +1571.5% |
| Suppliers | 440/4 | €560 | €9,355 | +€8,795 | +1571.5% |
| Taxes, remuneration and social security | 45 | - | €25,282 | +€25,282 | |
| Taxes | 450/3 | - | €25,282 | +€25,282 | |
| Other amounts payable | 47/48 | €49,033 | €13,640 | -€35,392 | -72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,700 | €12,471 | +€10,771 | +633.6% |
| Other operating charges | 640/8 | €7,257 | €56,649 | +€49,392 | +680.6% |
| Gross operating margin | 9900 | €18,846 | €156,787 | +€137,941 | +731.9% |
| Operating profit (loss) | 9901 | €9,889 | €87,667 | +€77,779 | +786.5% |
| Financial charges | 65/66B | €621 | €363 | -€258 | -41.6% |
| Recurring financial charges | 65 | €621 | €363 | -€258 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €9,268 | €87,304 | +€78,037 | +842.0% |
| Income taxes | 67/77 | - | €25,282 | +€25,282 | |
| Profit (loss) for the period | 9904 | €9,268 | €62,023 | +€52,755 | +569.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,268 | €62,023 | +€52,755 | +569.2% |
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 6 October 2026 via checked.be.