TRIBUDEK: 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.
TRIBUDEK
Largest movements
- Deferred charges and accrued income +€109,110
up €109,110 (+210.2%), from €51,903 to €161,014
- Tangible fixed assets +€97,517
up €97,517 (+13.6%), from €716,366 to €813,883
of which Plant, machinery and equipment: +€119,180
- Receivables within one year +€26,857
up €26,857 (+45.6%), from €58,945 to €85,803
of which Trade receivables: +€38,916
- Cash -€25,287
down €25,287 (-57.5%), from €43,947 to €18,661
mainly Investment in fixed assets (net) (-€226,708) and Deferred charges and accrued income (-€109,110)
- Stocks and contracts -€19,500
down €19,500 (-21.1%), from €92,500 to €73,000
- Debts after one year +€89,814
up €89,814 (+62.6%), from €143,447 to €233,261
- Other debts +€51,472
up €51,472 (+8.3%), from €620,018 to €671,490
- Trade debts +€36,118
up €36,118 (+282.6%), from €12,781 to €48,899
- Gross operating margin +€114,434
up €114,434 (+175.4%), from €65,249 to €179,683
- Depreciation +€78,595
up €78,595 (+155.3%), from €50,596 to €129,191
- Staff costs +€13,453
new in 2025: €13,453
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 | €963,663 | €1,152,360 | +€188,698 | +19.6% |
| Fixed assets | 21/28 | €716,366 | €813,883 | +€97,517 | +13.6% |
| Tangible fixed assets | 22/27 | €716,366 | €813,883 | +€97,517 | +13.6% |
| Land and buildings | 22 | €135,377 | €133,292 | -€2,085 | -1.5% |
| Plant, machinery and equipment | 23 | €524,704 | €643,884 | +€119,180 | +22.7% |
| Furniture and vehicles | 24 | €56,286 | €36,707 | -€19,578 | -34.8% |
| Current assets | 29/58 | €247,296 | €338,477 | +€91,181 | +36.9% |
| Stocks and contracts in progress | 3 | €92,500 | €73,000 | -€19,500 | -21.1% |
| Stocks | 30/36 | €92,500 | €73,000 | -€19,500 | -21.1% |
| Amounts receivable within one year | 40/41 | €58,945 | €85,803 | +€26,857 | +45.6% |
| Trade receivables | 40 | €34,072 | €72,988 | +€38,916 | +114.2% |
| Other amounts receivable | 41 | €24,874 | €12,815 | -€12,059 | -48.5% |
| Cash at bank and in hand | 54/58 | €43,947 | €18,661 | -€25,287 | -57.5% |
| Deferred charges and accrued income | 490/1 | €51,903 | €161,014 | +€109,110 | +210.2% |
| Total equity and liabilities | 10/49 | €963,663 | €1,152,360 | +€188,698 | +19.6% |
| Equity | 10/15 | €121,555 | €129,814 | +€8,259 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €10,110 | +€8,250 | +443.5% |
| Distributable reserves | 133 | €1,860 | €10,110 | +€8,250 | +443.5% |
| Profit (loss) carried forward | 14 | €83,908 | €83,917 | +€9 | 0.0% |
| Investment grants | 15 | €17,187 | €17,187 | = | 0.0% |
| Amounts payable | 17/49 | €842,108 | €1,022,546 | +€180,439 | +21.4% |
| Amounts payable after more than one year | 17 | €143,447 | €233,261 | +€89,814 | +62.6% |
| Financial debts | 170/4 | €143,447 | €233,261 | +€89,814 | +62.6% |
| Amounts payable within one year | 42/48 | €698,661 | €789,286 | +€90,625 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €65,848 | €68,426 | +€2,579 | +3.9% |
| Trade debts | 44 | €12,781 | €48,899 | +€36,118 | +282.6% |
| Suppliers | 440/4 | €12,781 | €48,899 | +€36,118 | +282.6% |
| Taxes, remuneration and social security | 45 | €14 | €471 | +€456 | +3167.6% |
| Taxes | 450/3 | €14 | - | -€14 | |
| Remuneration and social security | 454/9 | - | €471 | +€471 | |
| Other amounts payable | 47/48 | €620,018 | €671,490 | +€51,472 | +8.3% |
| Remuneration, social security and pensions | 62 | - | €13,453 | +€13,453 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,596 | €129,191 | +€78,595 | +155.3% |
| Other operating charges | 640/8 | €1,676 | €1,401 | -€275 | -16.4% |
| Non-recurring operating charges | 66A | - | €20,661 | +€20,661 | |
| Gross operating margin | 9900 | €65,249 | €179,683 | +€114,434 | +175.4% |
| Operating profit (loss) | 9901 | €12,977 | €14,977 | +€2,001 | +15.4% |
| Financial income | 75/76B | €1,311 | - | -€1,311 | |
| Recurring financial income | 75 | €1,311 | - | -€1,311 | |
| Financial charges | 65/66B | €5,789 | €6,718 | +€930 | +16.1% |
| Recurring financial charges | 65 | €5,789 | €6,718 | +€930 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €8,499 | €8,259 | -€240 | -2.8% |
| Profit (loss) for the period | 9904 | €8,499 | €8,259 | -€240 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,499 | €8,259 | -€240 | -2.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.