TRICOEN: 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.
TRICOEN
Largest movements
- Cash +€33,856
up €33,856 (+150.7%), from €22,462 to €56,319
mainly Other debts (+€58,805) and Net result for the year (+€20,656)
- Tangible fixed assets -€14,118
down €14,118 (-7.6%), from €185,951 to €171,833
of which Land and buildings: -€8,511
- Receivables within one year -€4,970
down €4,970 (-99.3%), from €5,006 to €36
- Reserves -€58,805
down €58,805 (-57.3%), from €102,641 to €43,836
- Other debts +€58,805
up €58,805, from €0 to €58,805
- Profit (loss) carried forward +€20,656
up €20,656 (+72.6%), from €28,459 to €49,115
- Trade debts -€10,086
down €10,086 (-58.3%), from €17,285 to €7,199
- Tax, wage and social debts +€3,254
up €3,254, from €0 to €3,254
- Gross operating margin +€19,831
up €19,831 (+78.2%), from €25,362 to €45,193
- Taxes +€4,743
up €4,743 (+187.0%), from €2,536 to €7,279
- Depreciation +€1,684
up €1,684 (+13.5%), from €12,434 to €14,118
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 | €214,221 | €228,958 | +€14,737 | +6.9% |
| Fixed assets | 21/28 | €185,951 | €171,833 | -€14,118 | -7.6% |
| Tangible fixed assets | 22/27 | €185,951 | €171,833 | -€14,118 | -7.6% |
| Land and buildings | 22 | €149,306 | €140,795 | -€8,511 | -5.7% |
| Plant, machinery and equipment | 23 | €36,347 | €30,889 | -€5,458 | -15.0% |
| Furniture and vehicles | 24 | €298 | €149 | -€149 | -50.1% |
| Current assets | 29/58 | €28,270 | €57,125 | +€28,855 | +102.1% |
| Amounts receivable within one year | 40/41 | €5,006 | €36 | -€4,970 | -99.3% |
| Other amounts receivable | 41 | €5,006 | €36 | -€4,970 | -99.3% |
| Cash at bank and in hand | 54/58 | €22,462 | €56,319 | +€33,856 | +150.7% |
| Deferred charges and accrued income | 490/1 | €801 | €771 | -€31 | -3.8% |
| Total equity and liabilities | 10/49 | €214,221 | €228,958 | +€14,737 | +6.9% |
| Equity | 10/15 | €193,100 | €154,951 | -€38,149 | -19.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €102,641 | €43,836 | -€58,805 | -57.3% |
| Distributable reserves | 133 | €102,641 | €43,836 | -€58,805 | -57.3% |
| Profit (loss) carried forward | 14 | €28,459 | €49,115 | +€20,656 | +72.6% |
| Amounts payable | 17/49 | €21,121 | €74,008 | +€52,886 | +250.4% |
| Amounts payable within one year | 42/48 | €17,285 | €69,258 | +€51,973 | +300.7% |
| Trade debts | 44 | €17,285 | €7,199 | -€10,086 | -58.3% |
| Suppliers | 440/4 | €17,285 | €7,199 | -€10,086 | -58.3% |
| Taxes, remuneration and social security | 45 | €0 | €3,254 | +€3,254 | |
| Taxes | 450/3 | €0 | €3,254 | +€3,254 | |
| Other amounts payable | 47/48 | €0 | €58,805 | +€58,805 | |
| Accrued charges and deferred income | 492/3 | €3,836 | €4,749 | +€913 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,434 | €14,118 | +€1,684 | +13.5% |
| Other operating charges | 640/8 | €3,148 | €3,121 | -€27 | -0.9% |
| Gross operating margin | 9900 | €25,362 | €45,193 | +€19,831 | +78.2% |
| Operating profit (loss) | 9901 | €9,779 | €27,954 | +€18,175 | +185.9% |
| Financial income | 75/76B | €275 | €84 | -€190 | -69.2% |
| Recurring financial income | 75 | €275 | €84 | -€190 | -69.2% |
| Financial charges | 65/66B | €297 | €104 | -€193 | -65.1% |
| Recurring financial charges | 65 | €297 | €104 | -€193 | -65.1% |
| Profit (loss) for the period before taxes | 9903 | €9,757 | €27,935 | +€18,178 | +186.3% |
| Income taxes | 67/77 | €2,536 | €7,279 | +€4,743 | +187.0% |
| Profit (loss) for the period | 9904 | €7,221 | €20,656 | +€13,435 | +186.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,221 | €20,656 | +€13,435 | +186.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.