TRIATHOME: 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.
TRIATHOME
Largest movements
- Stocks and contracts +€9,631
up €9,631 (+53.6%), from €17,960 to €27,591
- Cash +€6,725
up €6,725 (+29.5%), from €22,792 to €29,517
mainly Other debts (+€21,278) and Net result for the year (+€17,627)
- Tangible fixed assets -€4,654
down €4,654 (-73.8%), from €6,303 to €1,649
of which Furniture and vehicles: -€4,373
- Deferred charges and accrued income +€2,318
up €2,318 (+163.2%), from €1,420 to €3,738
- Receivables within one year -€1,891
down €1,891 (-8.3%), from €22,771 to €20,880
of which Trade receivables: -€1,460
- Other debts +€21,278
up €21,278 (+60.4%), from €35,254 to €56,532
- Profit (loss) carried forward +€17,627
up €17,627 (+50.6%), from -€34,858 to -€17,232
- Advances received -€14,300
no longer reported in 2025 (was €14,300)
- Trade debts -€7,262
down €7,262 (-16.9%), from €43,035 to €35,774
- Short-term financial debts -€5,035
no longer reported in 2025 (was €5,035)
- Gross operating margin +€52,703
up €52,703, from -€26,595 to €26,108
- Depreciation +€655
up €655 (+10.9%), from €5,995 to €6,650
- Financial charges -€450
down €450 (-26.0%), from €1,732 to €1,283
of which Financial charges: -€387
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 | €71,897 | €83,806 | +€11,908 | +16.6% |
| Formation expenses | 20 | €652 | €432 | -€220 | -33.7% |
| Fixed assets | 21/28 | €6,303 | €1,649 | -€4,654 | -73.8% |
| Tangible fixed assets | 22/27 | €6,303 | €1,649 | -€4,654 | -73.8% |
| Plant, machinery and equipment | 23 | €693 | €412 | -€281 | -40.5% |
| Furniture and vehicles | 24 | €5,610 | €1,236 | -€4,373 | -78.0% |
| Current assets | 29/58 | €64,943 | €81,725 | +€16,782 | +25.8% |
| Stocks and contracts in progress | 3 | €17,960 | €27,591 | +€9,631 | +53.6% |
| Stocks | 30/36 | €17,960 | €27,591 | +€9,631 | +53.6% |
| Amounts receivable within one year | 40/41 | €22,771 | €20,880 | -€1,891 | -8.3% |
| Trade receivables | 40 | €20,576 | €19,117 | -€1,460 | -7.1% |
| Other amounts receivable | 41 | €2,194 | €1,763 | -€432 | -19.7% |
| Cash at bank and in hand | 54/58 | €22,792 | €29,517 | +€6,725 | +29.5% |
| Deferred charges and accrued income | 490/1 | €1,420 | €3,738 | +€2,318 | +163.2% |
| Total equity and liabilities | 10/49 | €71,897 | €83,806 | +€11,908 | +16.6% |
| Equity | 10/15 | -€26,415 | -€8,788 | +€17,627 | +66.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,443 | €3,443 | = | 0.0% |
| Distributable reserves | 133 | €3,443 | €3,443 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,858 | -€17,232 | +€17,627 | +50.6% |
| Amounts payable | 17/49 | €98,312 | €92,594 | -€5,718 | -5.8% |
| Amounts payable within one year | 42/48 | €98,312 | €92,594 | -€5,718 | -5.8% |
| Financial debts | 43 | €5,035 | - | -€5,035 | |
| Credit institutions | 430/8 | €5,035 | - | -€5,035 | |
| Trade debts | 44 | €43,035 | €35,774 | -€7,262 | -16.9% |
| Suppliers | 440/4 | €43,035 | €35,774 | -€7,262 | -16.9% |
| Advances received on contracts in progress | 46 | €14,300 | - | -€14,300 | |
| Taxes, remuneration and social security | 45 | €688 | €288 | -€400 | -58.2% |
| Taxes | 450/3 | €688 | €288 | -€400 | -58.2% |
| Other amounts payable | 47/48 | €35,254 | €56,532 | +€21,278 | +60.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,995 | €6,650 | +€655 | +10.9% |
| Other operating charges | 640/8 | €536 | €548 | +€12 | +2.3% |
| Gross operating margin | 9900 | -€26,595 | €26,108 | +€52,703 | |
| Operating profit (loss) | 9901 | -€33,126 | €18,910 | +€52,035 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,732 | €1,283 | -€450 | -26.0% |
| Recurring financial charges | 65 | €1,669 | €1,283 | -€387 | -23.2% |
| Non-recurring financial charges | 66B | €63 | - | -€63 | |
| Profit (loss) for the period before taxes | 9903 | -€34,858 | €17,627 | +€52,485 | |
| Profit (loss) for the period | 9904 | -€34,858 | €17,627 | +€52,485 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,858 | €17,627 | +€52,485 |
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 10 October 2026 via checked.be.