TRICOLINI: 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.
TRICOLINI
Largest movements
- Cash -€35,060
down €35,060 (-65.6%), from €53,408 to €18,348
mainly Short-term financial debts (-€50,000) and Debts after one year (-€48,524)
- Tangible fixed assets -€13,173
down €13,173 (-26.3%), from €50,066 to €36,893
of which Land and buildings: -€18,000
- Receivables within one year -€10,492
down €10,492 (-89.8%), from €11,684 to €1,192
of which Other amounts receivable: -€10,492
- Stocks and contracts -€9,853
down €9,853 (-6.1%), from €161,507 to €151,654
- Short-term financial debts -€50,000
down €50,000 (-100%), from €50,000 to €0
- Debts after one year -€48,524
down €48,524 (-19.3%), from €251,278 to €202,754
of which Financial debts: -€48,524
- Trade debts +€19,922
up €19,922 (+140%), from €14,239 to €34,162
- Other debts -€15,996
down €15,996 (-38.8%), from €41,279 to €25,283
- Tax, wage and social debts +€11,526
up €11,526 (+84.4%), from €13,654 to €25,180
of which Taxes: +€7,398
- Gross operating margin +€39,032
up €39,032 (+51.0%), from €76,588 to €115,620
- Staff costs +€14,108
up €14,108 (+24.8%), from €56,914 to €71,022
- Financial charges +€3,935
up €3,935 (+42.6%), from €9,241 to €13,175
- Other operating charges -€3,261
down €3,261 (-35.0%), from €9,324 to €6,063
- Financial income -€2,588
down €2,588 (-92.2%), from €2,808 to €220
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 | €282,821 | €214,680 | -€68,141 | -24.1% |
| Fixed assets | 21/28 | €50,066 | €36,893 | -€13,173 | -26.3% |
| Tangible fixed assets | 22/27 | €50,066 | €36,893 | -€13,173 | -26.3% |
| Land and buildings | 22 | €45,000 | €27,000 | -€18,000 | -40.0% |
| Plant, machinery and equipment | 23 | €2,242 | €8,727 | +€6,485 | +289% |
| Furniture and vehicles | 24 | €2,824 | €1,166 | -€1,658 | -58.7% |
| Current assets | 29/58 | €232,755 | €177,787 | -€54,968 | -23.6% |
| Stocks and contracts in progress | 3 | €161,507 | €151,654 | -€9,853 | -6.1% |
| Stocks | 30/36 | €161,507 | €151,654 | -€9,853 | -6.1% |
| Amounts receivable within one year | 40/41 | €11,684 | €1,192 | -€10,492 | -89.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €11,684 | €1,192 | -€10,492 | -89.8% |
| Cash at bank and in hand | 54/58 | €53,408 | €18,348 | -€35,060 | -65.6% |
| Deferred charges and accrued income | 490/1 | €6,156 | €6,593 | +€436 | +7.1% |
| Total equity and liabilities | 10/49 | €282,821 | €214,680 | -€68,141 | -24.1% |
| Equity | 10/15 | -€135,270 | -€131,706 | +€3,563 | +2.6% |
| Contributions | 10/11 | €167,651 | €167,651 | = | 0.0% |
| Reserves | 13 | €1,336 | €1,336 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,336 | €1,336 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€304,256 | -€300,693 | +€3,563 | +1.2% |
| Amounts payable | 17/49 | €418,091 | €346,387 | -€71,704 | -17.2% |
| Amounts payable after more than one year | 17 | €251,278 | €202,754 | -€48,524 | -19.3% |
| Financial debts | 170/4 | €86,278 | €37,754 | -€48,524 | -56.2% |
| Other amounts payable | 178/9 | €165,000 | €165,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €166,813 | €135,362 | -€31,451 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €47,640 | €50,737 | +€3,097 | +6.5% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100% |
| Credit institutions | 430/8 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €14,239 | €34,162 | +€19,922 | +140% |
| Suppliers | 440/4 | €14,239 | €34,162 | +€19,922 | +140% |
| Taxes, remuneration and social security | 45 | €13,654 | €25,180 | +€11,526 | +84.4% |
| Taxes | 450/3 | €6,785 | €14,183 | +€7,398 | +109% |
| Remuneration and social security | 454/9 | €6,869 | €10,997 | +€4,128 | +60.1% |
| Other amounts payable | 47/48 | €41,279 | €25,283 | -€15,996 | -38.8% |
| Accrued charges and deferred income | 492/3 | - | €8,270 | +€8,270 | |
| Non-recurring operating income | 76A | €0 | €1,589 | +€1,589 | |
| Remuneration, social security and pensions | 62 | €56,914 | €71,022 | +€14,108 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,603 | €20,919 | -€683 | -3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,232 | €175 | -€2,057 | -92.1% |
| Other operating charges | 640/8 | €9,324 | €6,063 | -€3,261 | -35.0% |
| Non-recurring operating charges | 66A | €1 | €421 | +€420 | +51,826% |
| Gross operating margin | 9900 | €76,588 | €115,620 | +€39,032 | +51.0% |
| Operating profit (loss) | 9901 | -€13,486 | €17,019 | +€30,506 | |
| Financial income | 75/76B | €2,808 | €220 | -€2,588 | -92.2% |
| Recurring financial income | 75 | €2,808 | €220 | -€2,588 | -92.2% |
| Financial charges | 65/66B | €9,241 | €13,175 | +€3,935 | +42.6% |
| Recurring financial charges | 65 | €9,241 | €13,175 | +€3,935 | +42.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,919 | €4,064 | +€23,983 | |
| Income taxes | 67/77 | €475 | €501 | +€26 | +5.5% |
| Profit (loss) for the period | 9904 | -€20,394 | €3,563 | +€23,957 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,394 | €3,563 | +€23,957 |
Source: filed annual accounts (NBB), financial years ended 30 July 2024 and 30 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.