TRIARII CONSULT: 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.
TRIARII CONSULT
Largest movements
- Tangible fixed assets -€31,684
down €31,684 (-19.8%), from €160,049 to €128,365
- Cash -€16,264
down €16,264 (-10.3%), from €157,283 to €141,020
mainly Contributions, distributions and other (-€69,294) and Debts after one year (-€12,821)
- Contributions -€13,230
down €13,230 (-81.5%), from €16,230 to €3,000
- Debts after one year -€12,821
down €12,821 (-14.2%), from €89,980 to €77,160
- Tax, wage and social debts -€12,684
down €12,684 (-54.0%), from €23,480 to €10,796
- Trade debts +€12,201
up €12,201 (+412.7%), from €2,957 to €15,158
- Reserves -€10,619
down €10,619 (-6.0%), from €177,724 to €167,105
of which Non-distributable reserves: -€11,748
- Gross operating margin -€21,578
down €21,578 (-17.4%), from €123,739 to €102,161
- Taxes -€5,944
down €5,944 (-18.8%), from €31,560 to €25,616
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 | €343,961 | €300,437 | -€43,524 | -12.7% |
| Fixed assets | 21/28 | €160,049 | €128,382 | -€31,668 | -19.8% |
| Tangible fixed assets | 22/27 | €160,049 | €128,365 | -€31,684 | -19.8% |
| Land and buildings | 22 | €43,559 | €38,225 | -€5,335 | -12.2% |
| Plant, machinery and equipment | 23 | €11,761 | €7,994 | -€3,767 | -32.0% |
| Furniture and vehicles | 24 | €13,512 | €2,338 | -€11,174 | -82.7% |
| Other tangible fixed assets | 26 | €91,217 | €79,808 | -€11,409 | -12.5% |
| Financial fixed assets | 28 | - | €17 | +€17 | |
| Current assets | 29/58 | €183,911 | €172,055 | -€11,856 | -6.4% |
| Amounts receivable within one year | 40/41 | €22,917 | €25,636 | +€2,719 | +11.9% |
| Trade receivables | 40 | €22,869 | €25,586 | +€2,717 | +11.9% |
| Other amounts receivable | 41 | €48 | €49 | +€2 | +3.5% |
| Cash at bank and in hand | 54/58 | €157,283 | €141,020 | -€16,264 | -10.3% |
| Deferred charges and accrued income | 490/1 | €3,711 | €5,400 | +€1,688 | +45.5% |
| Total equity and liabilities | 10/49 | €343,961 | €300,437 | -€43,524 | -12.7% |
| Equity | 10/15 | €193,954 | €170,105 | -€23,849 | -12.3% |
| Contributions | 10/11 | €16,230 | €3,000 | -€13,230 | -81.5% |
| Reserves | 13 | €177,724 | €167,105 | -€10,619 | -6.0% |
| Non-distributable reserves | 130/1 | €11,748 | - | -€11,748 | |
| Reserves not available under the articles | 1311 | €11,748 | - | -€11,748 | |
| Distributable reserves | 133 | €165,976 | €167,105 | +€1,129 | +0.7% |
| Amounts payable | 17/49 | €150,007 | €130,332 | -€19,675 | -13.1% |
| Amounts payable after more than one year | 17 | €89,980 | €77,160 | -€12,821 | -14.2% |
| Financial debts | 170/4 | €89,980 | €77,160 | -€12,821 | -14.2% |
| Amounts payable within one year | 42/48 | €59,727 | €52,872 | -€6,854 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €22,212 | €22,821 | +€609 | +2.7% |
| Trade debts | 44 | €2,957 | €15,158 | +€12,201 | +412.7% |
| Suppliers | 440/4 | €2,957 | €15,158 | +€12,201 | +412.7% |
| Taxes, remuneration and social security | 45 | €23,480 | €10,796 | -€12,684 | -54.0% |
| Taxes | 450/3 | €23,480 | €10,796 | -€12,684 | -54.0% |
| Other amounts payable | 47/48 | €11,078 | €4,098 | -€6,980 | -63.0% |
| Accrued charges and deferred income | 492/3 | €300 | €300 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,757 | €24,619 | -€138 | -0.6% |
| Other operating charges | 640/8 | €415 | €387 | -€28 | -6.7% |
| Non-recurring operating charges | 66A | - | €312 | +€312 | |
| Gross operating margin | 9900 | €123,739 | €102,161 | -€21,578 | -17.4% |
| Operating profit (loss) | 9901 | €98,567 | €76,842 | -€21,725 | -22.0% |
| Financial income | 75/76B | €273 | €717 | +€444 | +162.3% |
| Recurring financial income | 75 | €273 | €717 | +€444 | +162.3% |
| Financial charges | 65/66B | €7,196 | €6,498 | -€698 | -9.7% |
| Recurring financial charges | 65 | €7,196 | €6,498 | -€698 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €91,644 | €71,061 | -€20,583 | -22.5% |
| Income taxes | 67/77 | €31,560 | €25,616 | -€5,944 | -18.8% |
| Profit (loss) for the period | 9904 | €60,084 | €45,445 | -€14,639 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,084 | €45,445 | -€14,639 | -24.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.