TRIDEL: 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.
TRIDEL
Largest movements
- Tangible fixed assets -€90,147
down €90,147 (-7.2%), from €1.3m to €1.2m
of which Other tangible fixed assets: -€90,147
- Receivables within one year +€33,732
up €33,732 (+41.5%), from €81,268 to €115,000
- Cash -€33,036
down €33,036 (-37.7%), from €87,539 to €54,504
mainly Investment in fixed assets (net) (-€74,306) and Net result for the year (-€53,840)
- Profit (loss) carried forward -€53,840
down €53,840 (-44.1%), from €121,993 to €68,153
- Debts after one year -€36,101
down €36,101 (-38.3%), from €94,211 to €58,110
- Gross operating margin -€120,647
down €120,647 (-33.3%), from €362,150 to €241,503
- Taxes -€32,321
down €32,321 (-95.8%), from €33,732 to €1,411
- Staff costs +€23,868
up €23,868 (+94.5%), from €25,258 to €49,126
- Depreciation +€12,893
up €12,893 (+8.5%), from €151,560 to €164,453
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.
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 | €1,430,267 | €1,340,816 | -€89,450 | -6.3% |
| Fixed assets | 21/28 | €1,261,459 | €1,171,313 | -€90,147 | -7.1% |
| Tangible fixed assets | 22/27 | €1,253,650 | €1,163,504 | -€90,147 | -7.2% |
| Land and buildings | 22 | €118,493 | €118,493 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,135,157 | €1,045,010 | -€90,147 | -7.9% |
| Financial fixed assets | 28 | €7,809 | €7,809 | = | 0.0% |
| Current assets | 29/58 | €168,807 | €169,504 | +€696 | +0.4% |
| Amounts receivable within one year | 40/41 | €81,268 | €115,000 | +€33,732 | +41.5% |
| Other amounts receivable | 41 | €81,268 | €115,000 | +€33,732 | +41.5% |
| Cash at bank and in hand | 54/58 | €87,539 | €54,504 | -€33,036 | -37.7% |
| Total equity and liabilities | 10/49 | €1,430,267 | €1,340,816 | -€89,450 | -6.3% |
| Equity | 10/15 | €1,271,156 | €1,217,316 | -€53,840 | -4.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,130,614 | €1,130,614 | = | 0.0% |
| Distributable reserves | 133 | €1,130,614 | €1,130,614 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,993 | €68,153 | -€53,840 | -44.1% |
| Amounts payable | 17/49 | €159,110 | €123,500 | -€35,611 | -22.4% |
| Amounts payable after more than one year | 17 | €94,211 | €58,110 | -€36,101 | -38.3% |
| Financial debts | 170/4 | €94,211 | €58,110 | -€36,101 | -38.3% |
| Amounts payable within one year | 42/48 | €64,899 | €65,390 | +€490 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €64,872 | €65,390 | +€517 | +0.8% |
| Trade debts | 44 | €27 | - | -€27 | |
| Suppliers | 440/4 | €27 | - | -€27 | |
| Remuneration, social security and pensions | 62 | €25,258 | €49,126 | +€23,868 | +94.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,560 | €164,453 | +€12,893 | +8.5% |
| Other operating charges | 640/8 | €73,827 | €74,904 | +€1,078 | +1.5% |
| Gross operating margin | 9900 | €362,150 | €241,503 | -€120,647 | -33.3% |
| Operating profit (loss) | 9901 | €111,505 | -€46,980 | -€158,485 | |
| Financial charges | 65/66B | €5,490 | €5,449 | -€41 | -0.7% |
| Recurring financial charges | 65 | €5,490 | €5,449 | -€41 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €106,015 | -€52,429 | -€158,444 | |
| Income taxes | 67/77 | €33,732 | €1,411 | -€32,321 | -95.8% |
| Profit (loss) for the period | 9904 | €72,283 | -€53,840 | -€126,123 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,283 | -€53,840 | -€126,123 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.