Trias BEL Souverain - T: 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
Trias BEL Souverain - T
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1.1m
2024 · -€919,849-€182,851
Equity
€4.7m
2024 · €5.8m-€1.1m
Cash
€133,255
2024 · €216,527-€83,273
Balance sheet total
€13.0m
2024 · €13.3m-€344,783
Largest movements
Assets
- Tangible fixed assets -€222,557
down €222,557 (-1.7%), from €13.0m to €12.8m
Equity and liabilities
- Profit (loss) carried forward -€1.1m
down €1.1m (-51.6%), from -€2.1m to -€3.2m
- Debts after one year +€868,336
new in 2025: €868,336
- Trade debts -€177,240
down €177,240 (-67.1%), from €264,260 to €87,020
Income statement
- Goods and materials +€104,537
up €104,537 (+70.8%), from €147,747 to €252,284
- Financial charges -€85,669
down €85,669 (-21.5%), from €398,465 to €312,796
- Other operating charges +€84,266
up €84,266 (+17.5%), from €480,226 to €564,492
- Turnover -€63,286
down €63,286 (-22.6%), from €280,320 to €217,034
- Other operating income -€39,503
down €39,503 (-56.0%), from €70,585 to €31,082
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
-€919,849
Turnover
-€63,286
Other operating income
-€39,503
Goods and materials
-€104,537
Services and other goods
+€4,580
Other operating charges
-€84,266
Financial income
+€23
Financial charges
+€85,669
Taxes
+€18,469
Result 2025
-€1.1m
raises the resultlowers the result
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
-€951,608
Investment
€0
Financing
+€868,336
Cash 2024
€216,527
From operations (derived)
-€951,608
Net result for the year
-€1.1m
Depreciation
+€222,557
Receivables within one year
+€38,954
Deferred charges and accrued income
-€1
Trade debts
-€177,240
Tax, wage and social debts
-€21,030
Accrued charges and deferred income
+€87,852
Financing
+€868,336
Debts after one year
+€868,336
Cash 2025
€133,255
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,331,476 | €12,986,693 | -€344,783 | -2.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €13,003,325 | €12,780,768 | -€222,557 | -1.7% |
| Tangible fixed assets | 22/27 | €13,003,325 | €12,780,768 | -€222,557 | -1.7% |
| Land and buildings | 22 | €13,003,325 | €12,780,768 | -€222,557 | -1.7% |
| Current assets | 29/58 | €328,151 | €205,925 | -€122,225 | -37.2% |
| Amounts receivable within one year | 40/41 | €110,651 | €71,697 | -€38,954 | -35.2% |
| Trade receivables | 40 | €29,733 | €71,697 | +€41,964 | +141% |
| Other amounts receivable | 41 | €80,918 | - | -€80,918 | |
| Cash at bank and in hand | 54/58 | €216,527 | €133,255 | -€83,273 | -38.5% |
| Deferred charges and accrued income | 490/1 | €972 | €973 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €13,331,476 | €12,986,693 | -€344,783 | -2.6% |
| Equity | 10/15 | €5,803,734 | €4,701,034 | -€1.1m | -19.0% |
| Contributions | 10/11 | €5,618,550 | €5,618,550 | = | 0.0% |
| Capital | 10 | €5,618,550 | €5,618,550 | = | 0.0% |
| Issued capital | 100 | €5,618,550 | €5,618,550 | = | 0.0% |
| Revaluation surpluses | 12 | €2,167,224 | €2,167,224 | = | 0.0% |
| Reserves | 13 | €155,684 | €155,684 | = | 0.0% |
| Non-distributable reserves | 130/1 | €155,684 | €155,684 | = | 0.0% |
| Legal reserve | 130 | €155,684 | €155,684 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,137,724 | -€3,240,424 | -€1.1m | -51.6% |
| Amounts payable | 17/49 | €7,527,742 | €8,285,659 | +€757,917 | +10.1% |
| Amounts payable after more than one year | 17 | - | €868,336 | +€868,336 | |
| Financial debts | 170/4 | - | €868,336 | +€868,336 | |
| Other loans | 174 | - | €868,336 | +€868,336 | |
| Amounts payable within one year | 42/48 | €7,485,290 | €7,287,020 | -€198,270 | -2.6% |
| Financial debts | 43 | €7,200,000 | €7,200,000 | = | 0.0% |
| Credit institutions | 430/8 | €7,200,000 | €7,200,000 | = | 0.0% |
| Trade debts | 44 | €264,260 | €87,020 | -€177,240 | -67.1% |
| Suppliers | 440/4 | €264,260 | €87,020 | -€177,240 | -67.1% |
| Taxes, remuneration and social security | 45 | €21,030 | - | -€21,030 | |
| Taxes | 450/3 | €21,030 | - | -€21,030 | |
| Accrued charges and deferred income | 492/3 | €42,452 | €130,304 | +€87,852 | +207% |
| Operating income | 70/76A | €350,905 | €248,116 | -€102,789 | -29.3% |
| Turnover | 70 | €280,320 | €217,034 | -€63,286 | -22.6% |
| Other operating income | 74 | €70,585 | €31,082 | -€39,503 | -56.0% |
| Operating charges | 60/66A | €872,289 | €1,056,512 | +€184,223 | +21.1% |
| Goods for resale, raw materials and consumables | 60 | €147,747 | €252,284 | +€104,537 | +70.8% |
| Purchases | 600/8 | €147,747 | €252,284 | +€104,537 | +70.8% |
| Services and other goods | 61 | €21,758 | €17,179 | -€4,580 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €222,557 | €222,557 | = | 0.0% |
| Other operating charges | 640/8 | €480,226 | €564,492 | +€84,266 | +17.5% |
| Operating profit (loss) | 9901 | -€521,383 | -€808,396 | -€287,012 | -55.0% |
| Financial income | 75/76B | - | €23 | +€23 | |
| Recurring financial income | 75 | - | €23 | +€23 | |
| Other financial income | 752/9 | - | €23 | +€23 | |
| Financial charges | 65/66B | €398,465 | €312,796 | -€85,669 | -21.5% |
| Recurring financial charges | 65 | €398,465 | €312,796 | -€85,669 | -21.5% |
| Debt charges | 650 | €389,543 | €311,756 | -€77,787 | -20.0% |
| Other financial charges | 652/9 | €8,922 | €1,040 | -€7,882 | -88.3% |
| Profit (loss) for the period before taxes | 9903 | -€919,849 | -€1,121,169 | -€201,321 | -21.9% |
| Income taxes | 67/77 | - | -€18,469 | -€18,469 | |
| Taxes | 670/3 | - | €2,561 | +€2,561 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €21,030 | +€21,030 | |
| Profit (loss) for the period | 9904 | -€919,849 | -€1,102,700 | -€182,851 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€919,849 | -€1,102,700 | -€182,851 | -19.9% |
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 17 October 2026 via checked.be.