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
- Financial fixed assets +€8.4m
up €8.4m (+991.9%), from €844,339 to €9.2m
- Receivables within one year +€1.3m
up €1.3m, from €0 to €1.3m
of which Other amounts receivable: +€770,017
- Current investments -€120,825
down €120,825 (-11.4%), from €1.1m to €940,825
- Debts after one year +€4.9m
new in 2025: €4.9m
- Profit (loss) carried forward +€3.6m
up €3.6m (+697.5%), from €522,558 to €4.2m
- Current portion of long-term debt +€857,143
new in 2025: €857,143
- Trade debts +€382,498
up €382,498 (+7779.4%), from €4,917 to €387,415
- Other debts -€224,749
down €224,749 (-94.8%), from €237,178 to €12,429
- Financial income +€3.3m
up €3.3m (+1647.0%), from €198,015 to €3.5m
- Gross operating margin +€303,300
up €303,300 (+10283.9%), from €2,949 to €306,249
- Financial charges +€54,893
up €54,893 (+32665.0%), from €168 to €55,062
- Taxes +€38,890
up €38,890 (+195.9%), from €19,852 to €58,742
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 | €2,447,622 | €12,041,008 | +€9.6m | +391.9% |
| Fixed assets | 21/28 | €911,041 | €9,289,102 | +€8.4m | +919.6% |
| Tangible fixed assets | 22/27 | €66,702 | €69,763 | +€3,061 | +4.6% |
| Land and buildings | 22 | €50,363 | €53,789 | +€3,426 | +6.8% |
| Furniture and vehicles | 24 | €16,339 | €15,973 | -€365 | -2.2% |
| Financial fixed assets | 28 | €844,339 | €9,219,339 | +€8.4m | +991.9% |
| Current assets | 29/58 | €1,536,581 | €2,751,906 | +€1.2m | +79.1% |
| Amounts receivable within one year | 40/41 | €0 | €1,324,480 | +€1.3m | |
| Trade receivables | 40 | - | €554,464 | +€554,464 | |
| Other amounts receivable | 41 | €0 | €770,017 | +€770,017 | |
| Current investments | 50/53 | €1,061,650 | €940,825 | -€120,825 | -11.4% |
| Cash at bank and in hand | 54/58 | €473,544 | €486,601 | +€13,057 | +2.8% |
| Deferred charges and accrued income | 490/1 | €1,387 | €0 | -€1,387 | -100.0% |
| Total equity and liabilities | 10/49 | €2,447,622 | €12,041,008 | +€9.6m | +391.9% |
| Equity | 10/15 | €2,175,926 | €5,820,762 | +€3.6m | +167.5% |
| Contributions | 10/11 | €80,100 | €80,100 | = | 0.0% |
| Capital | 10 | €80,100 | €80,100 | = | 0.0% |
| Issued capital | 100 | €80,100 | €80,100 | = | 0.0% |
| Reserves | 13 | €1,573,268 | €1,573,268 | = | 0.0% |
| Non-distributable reserves | 130/1 | €758,010 | €758,010 | = | 0.0% |
| Legal reserve | 130 | €8,010 | €8,010 | = | 0.0% |
| Own shares acquired | 1312 | €750,000 | €750,000 | = | 0.0% |
| Distributable reserves | 133 | €815,258 | €815,258 | = | 0.0% |
| Profit (loss) carried forward | 14 | €522,558 | €4,167,393 | +€3.6m | +697.5% |
| Amounts payable | 17/49 | €271,696 | €6,220,246 | +€5.9m | +2189.4% |
| Amounts payable after more than one year | 17 | - | €4,928,571 | +€4.9m | |
| Financial debts | 170/4 | - | €4,928,571 | +€4.9m | |
| Amounts payable within one year | 42/48 | €271,696 | €1,291,675 | +€1.0m | +375.4% |
| Current portion of amounts payable after more than one year | 42 | - | €857,143 | +€857,143 | |
| Trade debts | 44 | €4,917 | €387,415 | +€382,498 | +7779.4% |
| Suppliers | 440/4 | €4,917 | €387,415 | +€382,498 | +7779.4% |
| Taxes, remuneration and social security | 45 | €29,601 | €34,689 | +€5,088 | +17.2% |
| Taxes | 450/3 | €29,601 | €34,689 | +€5,088 | +17.2% |
| Other amounts payable | 47/48 | €237,178 | €12,429 | -€224,749 | -94.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,104 | €3,594 | -€510 | -12.4% |
| Other operating charges | 640/8 | €3,611 | €3,356 | -€255 | -7.1% |
| Gross operating margin | 9900 | €2,949 | €306,249 | +€303,300 | +10283.9% |
| Operating profit (loss) | 9901 | -€4,765 | €299,299 | +€304,064 | |
| Financial income | 75/76B | €198,015 | €3,459,340 | +€3.3m | +1647.0% |
| Recurring financial income | 75 | €198,015 | €3,459,340 | +€3.3m | +1647.0% |
| Financial charges | 65/66B | €168 | €55,062 | +€54,893 | +32665.0% |
| Recurring financial charges | 65 | €168 | €55,062 | +€54,893 | +32665.0% |
| Profit (loss) for the period before taxes | 9903 | €193,082 | €3,703,577 | +€3.5m | +1818.1% |
| Income taxes | 67/77 | €19,852 | €58,742 | +€38,890 | +195.9% |
| Profit (loss) for the period | 9904 | €173,230 | €3,644,835 | +€3.5m | +2004.0% |
| Profit (loss) for the period to be appropriated | 9905 | €173,230 | €3,644,835 | +€3.5m | +2004.0% |
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 10 October 2026 via checked.be.