TRIELEC: what changed
Two fiscal 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.
TRIELEC
Largest movements
- Cash -€39,928
down €39,928 (-33.4%), from €119,552 to €79,624
mainly Net result for the year (-€21,472) and Receivables within one year (-€15,867)
- Receivables within one year +€15,867
up €15,867 (+83.1%), from €19,103 to €34,971
of which Trade receivables: +€15,257
- Tangible fixed assets -€2,888
down €2,888 (-29.7%), from €9,710 to €6,821
- Profit (loss) carried forward -€21,472
down €21,472 (-19.5%), from €110,093 to €88,621
- Other debts -€7,291
down €7,291 (-98.1%), from €7,435 to €144
- Gross operating margin -€20,257
down €20,257 (-64.8%), from €31,283 to €11,026
- Staff costs +€795
up €795 (+4.2%), from €18,798 to €19,594
- Other operating charges -€683
down €683 (-44.2%), from €1,544 to €861
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 | €149,969 | €123,036 | -€26,934 | -18.0% |
| Fixed assets | 21/28 | €9,710 | €6,821 | -€2,888 | -29.7% |
| Tangible fixed assets | 22/27 | €9,710 | €6,821 | -€2,888 | -29.7% |
| Furniture and vehicles | 24 | €9,710 | €6,821 | -€2,888 | -29.7% |
| Current assets | 29/58 | €140,259 | €116,214 | -€24,045 | -17.1% |
| Amounts receivable within one year | 40/41 | €19,103 | €34,971 | +€15,867 | +83.1% |
| Trade receivables | 40 | €19,103 | €34,360 | +€15,257 | +79.9% |
| Other amounts receivable | 41 | - | €611 | +€611 | |
| Cash at bank and in hand | 54/58 | €119,552 | €79,624 | -€39,928 | -33.4% |
| Deferred charges and accrued income | 490/1 | €1,604 | €1,620 | +€16 | +1.0% |
| Total equity and liabilities | 10/49 | €149,969 | €123,036 | -€26,934 | -18.0% |
| Equity | 10/15 | €130,545 | €109,073 | -€21,472 | -16.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,093 | €88,621 | -€21,472 | -19.5% |
| Amounts payable | 17/49 | €19,425 | €13,963 | -€5,462 | -28.1% |
| Amounts payable within one year | 42/48 | €19,425 | €13,963 | -€5,462 | -28.1% |
| Trade debts | 44 | €1,148 | €2,508 | +€1,360 | +118.5% |
| Suppliers | 440/4 | €1,148 | €2,508 | +€1,360 | +118.5% |
| Advances received on contracts in progress | 46 | €5,071 | €5,327 | +€255 | +5.0% |
| Taxes, remuneration and social security | 45 | €5,771 | €5,984 | +€213 | +3.7% |
| Taxes | 450/3 | €44 | - | -€44 | |
| Remuneration and social security | 454/9 | €5,726 | €5,984 | +€258 | +4.5% |
| Other amounts payable | 47/48 | €7,435 | €144 | -€7,291 | -98.1% |
| Remuneration, social security and pensions | 62 | €18,798 | €19,594 | +€795 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,888 | €2,888 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,555 | €8,401 | -€154 | -1.8% |
| Other operating charges | 640/8 | €1,544 | €861 | -€683 | -44.2% |
| Gross operating margin | 9900 | €31,283 | €11,026 | -€20,257 | -64.8% |
| Operating profit (loss) | 9901 | -€502 | -€20,718 | -€20,216 | -4024.4% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €716 | €754 | +€38 | +5.4% |
| Recurring financial charges | 65 | €716 | €754 | +€38 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,206 | -€21,472 | -€20,266 | -1680.7% |
| Profit (loss) for the period | 9904 | -€1,206 | -€21,472 | -€20,266 | -1680.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,206 | -€21,472 | -€20,266 | -1680.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.