TRIANVAL: what changed
Two financial 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.
What changed
TRIANVAL
NACE 88.993, Social work activities without accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€748,211
2024 · €390,627+€357,584
Equity
€15.2m
2024 · €14.4m+€756,834
Cash
€570,601
2024 · €1.2m-€599,332
Balance sheet total
€17.4m
2024 · €16.2m+€1.2m
Largest movements
Assets
- Current investments +€2.0m
up €2.0m (+39.9%), from €5.0m to €7.0m
- Cash -€599,332
down €599,332 (-51.2%), from €1.2m to €570,601
mainly Current investments (-€2.0m) and Investment in fixed assets (net) (-€368,443)
- Tangible fixed assets -€291,825
down €291,825 (-5.7%), from €5.1m to €4.8m
of which Land and buildings: -€146,456
Equity and liabilities
- Profit (loss) carried forward +€748,211
up €748,211 (+5.7%), from €13.0m to €13.8m
- Debts within one year +€392,252
up €392,252 (+27.4%), from €1.4m to €1.8m
of which Trade debts: +€240,813
Income statement
- Staff costs +€974,962
up €974,962 (+11.5%), from €8.5m to €9.4m
- Turnover +€961,327
up €961,327 (+18.7%), from €5.1m to €6.1m
- Goods and materials +€181,387
up €181,387 (+24.4%), from €743,375 to €924,762
of which Purchases: +€147,932
- Services and other goods +€119,224
up €119,224 (+10.7%), from €1.1m to €1.2m
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.
Result 2024
€390,627
Turnover
+€961,327
Other operating income
+€25,484
Goods and materials
-€181,387
Services and other goods
-€119,224
Staff costs
-€974,962
Depreciation
+€11,022
Other operating charges
-€5,205
Other operating items
+€643,139
Financial income
-€11,281
Financial charges
+€8,564
Taxes
+€108
Result 2025
€748,211
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€1.8m
Investment
-€2.4m
Financing
+€8,623
Cash 2024
€1.2m
From operations (derived)
+€1.8m
Net result for the year
+€748,211
Depreciation
+€602,940
Receivables after one year
+€5,000
Stocks and contracts
+€6,308
Receivables within one year
+€21,643
Deferred charges and accrued income
-€42,777
Provisions
+€27,911
Debts within one year
+€392,252
Accrued charges and deferred income
-€2,836
Investment (derived)
-€2.4m
Investment in fixed assets (net)
-€368,443
Current investments
-€2.0m
Financing
+€8,623
Contributions, distributions and other
+€8,623
Cash 2025
€570,601
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,244,679 | €17,418,840 | +€1.2m | +7.2% |
| Fixed assets | 21/28 | €8,161,523 | €7,927,027 | -€234,497 | -2.9% |
| Intangible fixed assets | 21 | €62,951 | €104,779 | +€41,828 | +66.4% |
| Tangible fixed assets | 22/27 | €5,125,519 | €4,833,694 | -€291,825 | -5.7% |
| Land and buildings | 22 | €3,969,683 | €3,823,227 | -€146,456 | -3.7% |
| Plant, machinery and equipment | 23 | €719,691 | €647,235 | -€72,456 | -10.1% |
| Furniture and vehicles | 24 | €432,782 | €363,232 | -€69,550 | -16.1% |
| Assets under construction and advance payments | 27 | €3,363 | - | -€3,363 | |
| Financial fixed assets | 28 | €2,973,054 | €2,988,554 | +€15,500 | +0.5% |
| Affiliated companies | 280/1 | €2,962,419 | €2,962,419 | = | 0.0% |
| Participating interests | 280 | €2,962,419 | €2,962,419 | = | 0.0% |
| Other financial fixed assets | 284/8 | €10,635 | €26,135 | +€15,500 | +146% |
| Shares | 284 | €10,000 | €25,000 | +€15,000 | +150% |
| Amounts receivable and cash guarantees | 285/8 | €635 | €1,135 | +€500 | +78.7% |
| Current assets | 29/58 | €8,083,156 | €9,491,813 | +€1.4m | +17.4% |
| Amounts receivable after more than one year | 29 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Other amounts receivable | 291 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Stocks and contracts in progress | 3 | €286,091 | €279,783 | -€6,308 | -2.2% |
| Stocks | 30/36 | €244,087 | €227,219 | -€16,867 | -6.9% |
| Raw materials and consumables | 30/31 | €244,087 | €227,219 | -€16,867 | -6.9% |
| Contracts in progress | 37 | €42,005 | €52,563 | +€10,559 | +25.1% |
| Amounts receivable within one year | 40/41 | €1,488,231 | €1,466,588 | -€21,643 | -1.5% |
| Trade receivables | 40 | €1,134,013 | €1,048,478 | -€85,535 | -7.5% |
| Other amounts receivable | 41 | €354,218 | €418,110 | +€63,892 | +18.0% |
| Current investments | 50/53 | €5,001,836 | €7,000,000 | +€2.0m | +39.9% |
| Cash at bank and in hand | 54/58 | €1,169,933 | €570,601 | -€599,332 | -51.2% |
| Deferred charges and accrued income | 490/1 | €107,064 | €149,841 | +€42,777 | +40.0% |
| Total equity and liabilities | 10/49 | €16,244,679 | €17,418,840 | +€1.2m | +7.2% |
| Equity | 10/15 | €14,393,864 | €15,150,698 | +€756,834 | +5.3% |
| Contributions | 10/11 | €30,714 | €30,714 | = | 0.0% |
| Capital | 10 | €30,714 | €30,714 | = | 0.0% |
| Reserves | 13 | €1,255,654 | €1,255,654 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,013,105 | €13,761,316 | +€748,211 | +5.7% |
| Investment grants | 15 | €94,391 | €103,015 | +€8,623 | +9.1% |
| Provisions and deferred taxes | 16 | €415,657 | €443,568 | +€27,911 | +6.7% |
| Provisions for liabilities and charges | 160/5 | €415,657 | €443,568 | +€27,911 | +6.7% |
| Pensions and similar obligations | 160 | €44,379 | €41,995 | -€2,384 | -5.4% |
| Other liabilities and charges | 164/5 | €371,277 | €401,572 | +€30,295 | +8.2% |
| Amounts payable | 17/49 | €1,435,159 | €1,824,574 | +€389,415 | +27.1% |
| Amounts payable within one year | 42/48 | €1,432,322 | €1,824,574 | +€392,252 | +27.4% |
| Trade debts | 44 | €152,358 | €393,172 | +€240,813 | +158% |
| Suppliers | 440/4 | €152,358 | €393,172 | +€240,813 | +158% |
| Taxes, remuneration and social security | 45 | €1,278,093 | €1,424,998 | +€146,904 | +11.5% |
| Taxes | 450/3 | €203,994 | €218,553 | +€14,560 | +7.1% |
| Remuneration and social security | 454/9 | €1,074,100 | €1,206,445 | +€132,345 | +12.3% |
| Accrued charges and deferred income | 492/3 | €2,836 | - | -€2,836 | |
| Operating income | 70/76A | €11,257,845 | €12,878,607 | +€1.6m | +14.4% |
| Turnover | 70 | €5,141,842 | €6,103,169 | +€961,327 | +18.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€10,692 | €10,559 | +€21,251 | |
| Membership fees, donations, legacies and grants | 73 | €5,855,530 | €6,475,494 | +€619,964 | +10.6% |
| Other operating income | 74 | €184,617 | €210,101 | +€25,484 | +13.8% |
| Non-recurring operating income | 76A | €86,548 | €79,284 | -€7,264 | -8.4% |
| Operating charges | 60/66A | €10,994,324 | €12,254,893 | +€1.3m | +11.5% |
| Goods for resale, raw materials and consumables | 60 | €743,375 | €924,762 | +€181,387 | +24.4% |
| Purchases | 600/8 | €759,963 | €907,895 | +€147,932 | +19.5% |
| Change in stocks: decrease (increase) | 609 | -€16,589 | €16,867 | +€33,456 | |
| Services and other goods | 61 | €1,114,929 | €1,234,152 | +€119,224 | +10.7% |
| Remuneration, social security and pensions | 62 | €8,459,505 | €9,434,468 | +€974,962 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €613,961 | €602,940 | -€11,022 | -1.8% |
| Other operating charges | 640/8 | €25,455 | €30,660 | +€5,205 | +20.4% |
| Non-recurring operating charges | 66A | €9,643 | - | -€9,643 | |
| Operating profit (loss) | 9901 | €263,521 | €623,714 | +€360,193 | +137% |
| Financial income | 75/76B | €181,048 | €169,767 | -€11,281 | -6.2% |
| Recurring financial income | 75 | €181,048 | €169,767 | -€11,281 | -6.2% |
| Income from current assets | 751 | €178,318 | €167,818 | -€10,500 | -5.9% |
| Other financial income | 752/9 | €2,730 | €1,949 | -€781 | -28.6% |
| Financial charges | 65/66B | €52,967 | €44,402 | -€8,564 | -16.2% |
| Recurring financial charges | 65 | €52,967 | €44,402 | -€8,564 | -16.2% |
| Other financial charges | 652/9 | €52,967 | €44,402 | -€8,564 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €391,603 | €749,079 | +€357,476 | +91.3% |
| Income taxes | 67/77 | €976 | €868 | -€108 | -11.1% |
| Taxes | 670/3 | €976 | €868 | -€108 | -11.1% |
| Profit (loss) for the period | 9904 | €390,627 | €748,211 | +€357,584 | +91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €390,627 | €748,211 | +€357,584 | +91.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.