triECS: 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.
triECS
Largest movements
- Cash +€64,190
up €64,190 (+25.6%), from €250,917 to €315,107
mainly Net result for the year (+€48,368) and Depreciation (+€10,234)
- Tangible fixed assets -€9,928
down €9,928 (-30.6%), from €32,403 to €22,475
of which Furniture and vehicles: -€9,983
- Reserves +€48,368
up €48,368 (+18.6%), from €260,202 to €308,570
- Tax, wage and social debts +€6,413
up €6,413 (+269%), from €2,388 to €8,801
- Gross operating margin +€3,327
up €3,327 (+4.5%), from €73,280 to €76,607
- Taxes +€1,133
up €1,133 (+6.4%), from €17,739 to €18,872
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 | €283,705 | €338,033 | +€54,328 | +19.1% |
| Fixed assets | 21/28 | €32,403 | €22,475 | -€9,928 | -30.6% |
| Tangible fixed assets | 22/27 | €32,403 | €22,475 | -€9,928 | -30.6% |
| Plant, machinery and equipment | 23 | €209 | €264 | +€55 | +26.3% |
| Furniture and vehicles | 24 | €32,194 | €22,211 | -€9,983 | -31.0% |
| Current assets | 29/58 | €251,302 | €315,558 | +€64,256 | +25.6% |
| Amounts receivable within one year | 40/41 | €385 | €428 | +€43 | +11.2% |
| Other amounts receivable | 41 | €385 | €428 | +€43 | +11.2% |
| Cash at bank and in hand | 54/58 | €250,917 | €315,107 | +€64,190 | +25.6% |
| Deferred charges and accrued income | 490/1 | - | €23 | +€23 | |
| Total equity and liabilities | 10/49 | €283,705 | €338,033 | +€54,328 | +19.1% |
| Equity | 10/15 | €280,802 | €329,170 | +€48,368 | +17.2% |
| Contributions | 10/11 | €20,600 | €20,600 | = | 0.0% |
| Reserves | 13 | €260,202 | €308,570 | +€48,368 | +18.6% |
| Distributable reserves | 133 | €260,202 | €308,570 | +€48,368 | +18.6% |
| Amounts payable | 17/49 | €2,903 | €8,863 | +€5,960 | +205% |
| Amounts payable within one year | 42/48 | €2,903 | €8,863 | +€5,960 | +205% |
| Trade debts | 44 | €515 | €62 | -€453 | -88.0% |
| Suppliers | 440/4 | €515 | €62 | -€453 | -88.0% |
| Taxes, remuneration and social security | 45 | €2,388 | €8,801 | +€6,413 | +269% |
| Taxes | 450/3 | €2,388 | €8,801 | +€6,413 | +269% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,739 | €10,234 | -€505 | -4.7% |
| Other operating charges | 640/8 | €185 | €117 | -€68 | -36.8% |
| Gross operating margin | 9900 | €73,280 | €76,607 | +€3,327 | +4.5% |
| Operating profit (loss) | 9901 | €62,356 | €66,256 | +€3,900 | +6.3% |
| Financial income | 75/76B | €1,173 | €1,059 | -€114 | -9.7% |
| Recurring financial income | 75 | €1,173 | €1,059 | -€114 | -9.7% |
| Financial charges | 65/66B | €74 | €75 | +€1 | +1.4% |
| Recurring financial charges | 65 | €74 | €75 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €63,455 | €67,240 | +€3,785 | +6.0% |
| Income taxes | 67/77 | €17,739 | €18,872 | +€1,133 | +6.4% |
| Profit (loss) for the period | 9904 | €45,716 | €48,368 | +€2,652 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,716 | €48,368 | +€2,652 | +5.8% |
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 14 October 2026 via checked.be.