TRIBEL: 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.
TRIBEL
Largest movements
- Receivables after one year -€44,000
down €44,000 (-58.7%), from €75,000 to €31,000
- Receivables within one year -€37,827
down €37,827 (-61.4%), from €61,615 to €23,788
of which Trade receivables: -€27,968
- Tangible fixed assets -€23,234
down €23,234 (-3.9%), from €601,630 to €578,395
of which Land and buildings: -€16,213
- Reserves -€225,943
down €225,943 (-52.3%), from €432,326 to €206,384
of which Tax-exempt reserves: -€325,562
- Profit (loss) carried forward +€142,993
up €142,993, from -€110,941 to €32,052
- Provisions -€108,521
no longer reported in 2025 (was €108,521)
- Other debts +€95,960
up €95,960 (+49.1%), from €195,349 to €291,310
- Debts after one year -€59,540
down €59,540 (-7.1%), from €842,410 to €782,870
- Taxes +€102,915
up €102,915 (+20,158%), from €511 to €103,426
- Gross operating margin -€34,196
down €34,196 (-43.2%), from €79,143 to €44,948
- Staff costs -€10,545
down €10,545 (-70.7%), from €14,906 to €4,361
- Other operating charges +€8,095
up €8,095 (+132%), from €6,131 to €14,226
- Financial charges +€5,278
up €5,278 (+22.7%), from €23,248 to €28,526
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,641,277 | €1,547,627 | -€93,650 | -5.7% |
| Fixed assets | 21/28 | €1,488,330 | €1,465,095 | -€23,234 | -1.6% |
| Tangible fixed assets | 22/27 | €601,630 | €578,395 | -€23,234 | -3.9% |
| Land and buildings | 22 | €528,982 | €512,769 | -€16,213 | -3.1% |
| Furniture and vehicles | 24 | €20,503 | €24,569 | +€4,067 | +19.8% |
| Other tangible fixed assets | 26 | €52,145 | €41,057 | -€11,088 | -21.3% |
| Financial fixed assets | 28 | €886,700 | €886,700 | = | 0.0% |
| Current assets | 29/58 | €152,948 | €82,532 | -€70,416 | -46.0% |
| Amounts receivable after more than one year | 29 | €75,000 | €31,000 | -€44,000 | -58.7% |
| Other amounts receivable | 291 | €75,000 | €31,000 | -€44,000 | -58.7% |
| Amounts receivable within one year | 40/41 | €61,615 | €23,788 | -€37,827 | -61.4% |
| Trade receivables | 40 | €41,950 | €13,982 | -€27,968 | -66.7% |
| Other amounts receivable | 41 | €19,665 | €9,806 | -€9,859 | -50.1% |
| Cash at bank and in hand | 54/58 | €5,151 | €18,252 | +€13,101 | +254% |
| Deferred charges and accrued income | 490/1 | €11,182 | €9,492 | -€1,689 | -15.1% |
| Total equity and liabilities | 10/49 | €1,641,277 | €1,547,627 | -€93,650 | -5.7% |
| Equity | 10/15 | €339,977 | €257,028 | -€82,949 | -24.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €432,326 | €206,384 | -€225,943 | -52.3% |
| Tax-exempt reserves | 132 | €325,562 | - | -€325,562 | |
| Distributable reserves | 133 | €106,764 | €206,384 | +€99,619 | +93.3% |
| Profit (loss) carried forward | 14 | -€110,941 | €32,052 | +€142,993 | |
| Provisions and deferred taxes | 16 | €108,521 | - | -€108,521 | |
| Deferred taxes | 168 | €108,521 | - | -€108,521 | |
| Amounts payable | 17/49 | €1,192,779 | €1,290,599 | +€97,820 | +8.2% |
| Amounts payable after more than one year | 17 | €842,410 | €782,870 | -€59,540 | -7.1% |
| Financial debts | 170/4 | €842,410 | €782,870 | -€59,540 | -7.1% |
| Amounts payable within one year | 42/48 | €350,370 | €507,729 | +€157,360 | +44.9% |
| Current portion of amounts payable after more than one year | 42 | €61,450 | €60,347 | -€1,102 | -1.8% |
| Trade debts | 44 | €71,965 | €107,342 | +€35,378 | +49.2% |
| Suppliers | 440/4 | €71,965 | €107,342 | +€35,378 | +49.2% |
| Taxes, remuneration and social security | 45 | €21,606 | €48,730 | +€27,124 | +126% |
| Taxes | 450/3 | €21,405 | €48,182 | +€26,776 | +125% |
| Remuneration and social security | 454/9 | €201 | €549 | +€348 | +173% |
| Other amounts payable | 47/48 | €195,349 | €291,310 | +€95,960 | +49.1% |
| Remuneration, social security and pensions | 62 | €14,906 | €4,361 | -€10,545 | -70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,890 | €40,520 | -€3,370 | -7.7% |
| Other operating charges | 640/8 | €6,131 | €14,226 | +€8,095 | +132% |
| Non-recurring operating charges | 66A | - | €7,090 | +€7,090 | |
| Gross operating margin | 9900 | €79,143 | €44,948 | -€34,196 | -43.2% |
| Operating profit (loss) | 9901 | €14,217 | -€21,249 | -€35,466 | |
| Financial income | 75/76B | €3,992 | €2,111 | -€1,880 | -47.1% |
| Recurring financial income | 75 | €3,992 | €2,111 | -€1,880 | -47.1% |
| Financial charges | 65/66B | €23,248 | €28,526 | +€5,278 | +22.7% |
| Recurring financial charges | 65 | €23,248 | €28,526 | +€5,278 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,039 | -€47,664 | -€42,625 | -846% |
| Transfer from deferred taxes | 780 | €212 | €108,521 | +€108,308 | +51,014% |
| Income taxes | 67/77 | €511 | €103,426 | +€102,915 | +20,158% |
| Profit (loss) for the period | 9904 | -€5,338 | -€42,569 | -€37,231 | -698% |
| Transfer from tax-exempt reserves | 789 | €637 | €325,562 | +€324,925 | +51,015% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,701 | €282,993 | +€287,694 |
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 18 October 2026 via checked.be.