TRIAP: 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.
TRIAP
Largest movements
- Cash -€137,585
down €137,585 (-27.3%), from €504,387 to €366,801
mainly Other debts (-€86,286) and Net result for the year (-€36,723)
- Deferred charges and accrued income +€11,379
new in 2025: €11,379
- Receivables within one year -€10,900
down €10,900 (-25.3%), from €43,053 to €32,152
of which Trade receivables: -€36,691
- Other debts -€86,286
down €86,286 (-44.4%), from €194,298 to €108,012
- Profit (loss) carried forward -€36,723
down €36,723, from €0 to -€36,723
- Tax, wage and social debts -€15,823
down €15,823 (-85.2%), from €18,563 to €2,740
- Gross operating margin -€117,382
down €117,382, from €99,655 to -€17,727
- Taxes -€26,982
down €26,982 (-99.4%), from €27,139 to €157
- Write-downs +€19,152
new in 2025: €19,152
- Financial charges -€3,525
down €3,525 (-97.2%), from €3,627 to €102
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 | €547,439 | €411,674 | -€135,766 | -24.8% |
| Fixed assets | 21/28 | - | €1,340 | +€1,340 | |
| Tangible fixed assets | 22/27 | - | €1,340 | +€1,340 | |
| Furniture and vehicles | 24 | - | €1,340 | +€1,340 | |
| Current assets | 29/58 | €547,439 | €410,333 | -€137,106 | -25.0% |
| Amounts receivable within one year | 40/41 | €43,053 | €32,152 | -€10,900 | -25.3% |
| Trade receivables | 40 | €43,053 | €6,362 | -€36,691 | -85.2% |
| Other amounts receivable | 41 | - | €25,790 | +€25,790 | |
| Cash at bank and in hand | 54/58 | €504,387 | €366,801 | -€137,585 | -27.3% |
| Deferred charges and accrued income | 490/1 | - | €11,379 | +€11,379 | |
| Total equity and liabilities | 10/49 | €547,439 | €411,674 | -€135,766 | -24.8% |
| Equity | 10/15 | €333,314 | €296,591 | -€36,723 | -11.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €320,914 | €320,914 | = | 0.0% |
| Distributable reserves | 133 | €320,914 | €320,914 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€36,723 | -€36,723 | |
| Amounts payable | 17/49 | €214,125 | €115,082 | -€99,043 | -46.3% |
| Amounts payable within one year | 42/48 | €213,933 | €114,794 | -€99,139 | -46.3% |
| Trade debts | 44 | €1,073 | €4,042 | +€2,970 | +276.9% |
| Suppliers | 440/4 | €1,073 | €4,042 | +€2,970 | +276.9% |
| Taxes, remuneration and social security | 45 | €18,563 | €2,740 | -€15,823 | -85.2% |
| Taxes | 450/3 | €18,563 | €2,740 | -€15,823 | -85.2% |
| Other amounts payable | 47/48 | €194,298 | €108,012 | -€86,286 | -44.4% |
| Accrued charges and deferred income | 492/3 | €192 | €288 | +€96 | +49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €275 | +€275 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €19,152 | +€19,152 | |
| Other operating charges | 640/8 | €726 | €792 | +€66 | +9.1% |
| Gross operating margin | 9900 | €99,655 | -€17,727 | -€117,382 | |
| Operating profit (loss) | 9901 | €98,929 | -€37,947 | -€136,876 | |
| Financial income | 75/76B | €1,128 | €1,483 | +€355 | +31.5% |
| Recurring financial income | 75 | €1,128 | €1,483 | +€355 | +31.5% |
| Financial charges | 65/66B | €3,627 | €102 | -€3,525 | -97.2% |
| Recurring financial charges | 65 | €3,627 | €102 | -€3,525 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | €96,430 | -€36,566 | -€132,996 | |
| Income taxes | 67/77 | €27,139 | €157 | -€26,982 | -99.4% |
| Profit (loss) for the period | 9904 | €69,291 | -€36,723 | -€106,014 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,291 | -€36,723 | -€106,014 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.