TRIC: 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.
TRIC
Largest movements
- Cash +€241,440
up €241,440 (+161.3%), from €149,658 to €391,098
mainly Net result for the year (+€328,252) and Other debts (+€176,450)
- Receivables within one year +€152,028
up €152,028 (+18.5%), from €822,222 to €974,250
of which Trade receivables: +€196,008
- Tangible fixed assets -€24,610
down €24,610 (-22.4%), from €109,719 to €85,109
of which Furniture and vehicles: -€14,178
- Other debts +€176,450
up €176,450 (+4970.4%), from €3,550 to €180,000
- Reserves +€148,252
up €148,252 (+11.0%), from €1.4m to €1.5m
of which Distributable reserves: +€148,252
- Trade debts +€27,763
up €27,763 (+10.9%), from €254,270 to €282,033
- Gross operating margin +€353,306
up €353,306 (+44.3%), from €796,852 to €1.2m
- Taxes +€74,022
up €74,022 (+176.2%), from €42,000 to €116,022
- Staff costs +€64,583
up €64,583 (+10.4%), from €619,314 to €683,897
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,921,430 | €2,283,507 | +€362,076 | +18.8% |
| Fixed assets | 21/28 | €200,841 | €171,536 | -€29,305 | -14.6% |
| Intangible fixed assets | 21 | €8,832 | €5,216 | -€3,615 | -40.9% |
| Tangible fixed assets | 22/27 | €109,719 | €85,109 | -€24,610 | -22.4% |
| Plant, machinery and equipment | 23 | €45,699 | €36,080 | -€9,619 | -21.0% |
| Furniture and vehicles | 24 | €57,114 | €42,935 | -€14,178 | -24.8% |
| Other tangible fixed assets | 26 | €6,906 | €6,094 | -€812 | -11.8% |
| Financial fixed assets | 28 | €82,290 | €81,210 | -€1,080 | -1.3% |
| Current assets | 29/58 | €1,720,590 | €2,111,971 | +€391,381 | +22.7% |
| Stocks and contracts in progress | 3 | €737,617 | €746,623 | +€9,006 | +1.2% |
| Stocks | 30/36 | €737,617 | €746,623 | +€9,006 | +1.2% |
| Amounts receivable within one year | 40/41 | €822,222 | €974,250 | +€152,028 | +18.5% |
| Trade receivables | 40 | €410,685 | €606,693 | +€196,008 | +47.7% |
| Other amounts receivable | 41 | €411,536 | €367,556 | -€43,980 | -10.7% |
| Cash at bank and in hand | 54/58 | €149,658 | €391,098 | +€241,440 | +161.3% |
| Deferred charges and accrued income | 490/1 | €11,093 | €0 | -€11,093 | -100.0% |
| Total equity and liabilities | 10/49 | €1,921,430 | €2,283,507 | +€362,076 | +18.8% |
| Equity | 10/15 | €1,564,785 | €1,713,038 | +€148,252 | +9.5% |
| Contributions | 10/11 | €212,700 | €212,700 | = | 0.0% |
| Capital | 10 | €212,700 | €212,700 | = | 0.0% |
| Issued capital | 100 | €212,700 | €212,700 | = | 0.0% |
| Reserves | 13 | €1,352,085 | €1,500,338 | +€148,252 | +11.0% |
| Non-distributable reserves | 130/1 | €24,438 | €24,438 | = | 0.0% |
| Legal reserve | 130 | €24,438 | €24,438 | = | 0.0% |
| Tax-exempt reserves | 132 | €128,362 | €128,362 | = | 0.0% |
| Distributable reserves | 133 | €1,199,285 | €1,347,537 | +€148,252 | +12.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €356,645 | €570,469 | +€213,824 | +60.0% |
| Amounts payable within one year | 42/48 | €356,645 | €570,469 | +€213,824 | +60.0% |
| Trade debts | 44 | €254,270 | €282,033 | +€27,763 | +10.9% |
| Suppliers | 440/4 | €254,270 | €282,033 | +€27,763 | +10.9% |
| Taxes, remuneration and social security | 45 | €98,825 | €108,437 | +€9,611 | +9.7% |
| Taxes | 450/3 | €33,586 | €55,708 | +€22,122 | +65.9% |
| Remuneration and social security | 454/9 | €65,239 | €52,729 | -€12,511 | -19.2% |
| Other amounts payable | 47/48 | €3,550 | €180,000 | +€176,450 | +4970.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €3 | +€3 | |
| Remuneration, social security and pensions | 62 | €619,314 | €683,897 | +€64,583 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,122 | €29,728 | +€606 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,567 | -€722 | -€4,289 | |
| Other operating charges | 640/8 | €5,318 | €3,539 | -€1,779 | -33.5% |
| Gross operating margin | 9900 | €796,852 | €1,150,158 | +€353,306 | +44.3% |
| Operating profit (loss) | 9901 | €139,532 | €433,716 | +€294,185 | +210.8% |
| Financial income | 75/76B | €29,248 | €34,853 | +€5,605 | +19.2% |
| Recurring financial income | 75 | €29,248 | €34,853 | +€5,605 | +19.2% |
| Financial charges | 65/66B | €22,855 | €24,295 | +€1,441 | +6.3% |
| Recurring financial charges | 65 | €22,855 | €24,295 | +€1,441 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €145,925 | €444,274 | +€298,349 | +204.5% |
| Income taxes | 67/77 | €42,000 | €116,022 | +€74,022 | +176.2% |
| Profit (loss) for the period | 9904 | €103,925 | €328,252 | +€224,327 | +215.9% |
| Profit (loss) for the period to be appropriated | 9905 | €103,925 | €328,252 | +€224,327 | +215.9% |
Source: filed annual accounts (NBB), financial years ended 30 April 2025 and 30 April 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.