TRICARDS: what changed
Two fiscal 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.
TRICARDS
Largest movements
- Cash -€16,923
down €16,923 (-24.7%), from €68,473 to €51,550
mainly Net result for the year (-€14,228) and Tax, wage and social debts (-€3,896)
- Tangible fixed assets -€1,309
down €1,309 (-47.6%), from €2,753 to €1,444
- Profit (loss) carried forward -€14,228
down €14,228 (-22.4%), from €63,434 to €49,206
- Tax, wage and social debts -€3,896
no longer reported in 2025 (was €3,896)
- Gross operating margin -€28,168
down €28,168, from €15,290 to -€12,878
- Taxes -€3,896
no longer reported in 2025 (was €3,896)
- Depreciation +€181
up €181 (+16.1%), from €1,128 to €1,309
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 | €75,899 | €57,750 | -€18,149 | -23.9% |
| Fixed assets | 21/28 | €4,913 | €3,604 | -€1,309 | -26.6% |
| Tangible fixed assets | 22/27 | €2,753 | €1,444 | -€1,309 | -47.6% |
| Furniture and vehicles | 24 | €2,753 | €1,444 | -€1,309 | -47.6% |
| Financial fixed assets | 28 | €2,160 | €2,160 | = | 0.0% |
| Current assets | 29/58 | €70,986 | €54,146 | -€16,840 | -23.7% |
| Amounts receivable within one year | 40/41 | €2,513 | €2,569 | +€55 | +2.2% |
| Other amounts receivable | 41 | €2,513 | €2,569 | +€55 | +2.2% |
| Cash at bank and in hand | 54/58 | €68,473 | €51,550 | -€16,923 | -24.7% |
| Deferred charges and accrued income | 490/1 | - | €28 | +€28 | |
| Total equity and liabilities | 10/49 | €75,899 | €57,750 | -€18,149 | -23.9% |
| Equity | 10/15 | €71,494 | €57,266 | -€14,228 | -19.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,434 | €49,206 | -€14,228 | -22.4% |
| Amounts payable | 17/49 | €4,405 | €484 | -€3,921 | -89.0% |
| Amounts payable within one year | 42/48 | €4,405 | €484 | -€3,921 | -89.0% |
| Trade debts | 44 | €509 | €484 | -€25 | -5.0% |
| Suppliers | 440/4 | €509 | €484 | -€25 | -5.0% |
| Taxes, remuneration and social security | 45 | €3,896 | - | -€3,896 | |
| Taxes | 450/3 | €3,896 | - | -€3,896 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,128 | €1,309 | +€181 | +16.1% |
| Gross operating margin | 9900 | €15,290 | -€12,878 | -€28,168 | |
| Operating profit (loss) | 9901 | €14,162 | -€14,187 | -€28,349 | |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €14,119 | -€14,228 | -€28,346 | |
| Income taxes | 67/77 | €3,896 | - | -€3,896 | |
| Profit (loss) for the period | 9904 | €10,223 | -€14,228 | -€24,450 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,223 | -€14,228 | -€24,450 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.