TRIEST: 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.
TRIEST
Largest movements
- Cash -€24,994
down €24,994 (-88.1%), from €28,356 to €3,362
mainly Trade debts (-€15,891) and Net result for the year (-€14,244)
- Tangible fixed assets -€9,609
down €9,609 (-17.6%), from €54,600 to €44,991
of which Plant, machinery and equipment: -€5,730
- Receivables within one year +€4,561
up €4,561 (+76.4%), from €5,972 to €10,533
of which Other amounts receivable: +€5,713
- Trade debts -€15,891
down €15,891 (-90.6%), from €17,546 to €1,655
- Reserves -€14,244
down €14,244 (-24.4%), from €58,450 to €44,207
of which Distributable reserves: -€14,244
- Gross operating margin -€19,767
down €19,767 (-92.5%), from €21,377 to €1,610
- Taxes -€1,301
down €1,301 (-88.2%), from €1,475 to €174
- Depreciation -€857
down €857 (-5.4%), from €15,823 to €14,966
- Other operating charges -€229
down €229 (-22.5%), from €1,019 to €789
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,470 | €59,976 | -€30,494 | -33.7% |
| Fixed assets | 21/28 | €54,649 | €45,041 | -€9,609 | -17.6% |
| Tangible fixed assets | 22/27 | €54,600 | €44,991 | -€9,609 | -17.6% |
| Plant, machinery and equipment | 23 | €23,720 | €17,990 | -€5,730 | -24.2% |
| Furniture and vehicles | 24 | €2,694 | €3,955 | +€1,260 | +46.8% |
| Other tangible fixed assets | 26 | €28,186 | €23,047 | -€5,138 | -18.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €35,820 | €14,935 | -€20,885 | -58.3% |
| Amounts receivable within one year | 40/41 | €5,972 | €10,533 | +€4,561 | +76.4% |
| Trade receivables | 40 | €2,068 | €915 | -€1,152 | -55.7% |
| Other amounts receivable | 41 | €3,904 | €9,617 | +€5,713 | +146% |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,356 | €3,362 | -€24,994 | -88.1% |
| Deferred charges and accrued income | 490/1 | €492 | €40 | -€452 | -91.8% |
| Total equity and liabilities | 10/49 | €90,470 | €59,976 | -€30,494 | -33.7% |
| Equity | 10/15 | €70,850 | €56,607 | -€14,244 | -20.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €58,450 | €44,207 | -€14,244 | -24.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,188 | €1,188 | = | 0.0% |
| Distributable reserves | 133 | €55,403 | €41,159 | -€14,244 | -25.7% |
| Amounts payable | 17/49 | €19,619 | €3,369 | -€16,250 | -82.8% |
| Amounts payable within one year | 42/48 | €19,619 | €3,305 | -€16,314 | -83.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €17,546 | €1,655 | -€15,891 | -90.6% |
| Suppliers | 440/4 | €17,546 | €1,655 | -€15,891 | -90.6% |
| Taxes, remuneration and social security | 45 | €2,073 | €1,650 | -€423 | -20.4% |
| Taxes | 450/3 | €2,073 | €1,650 | -€423 | -20.4% |
| Accrued charges and deferred income | 492/3 | - | €64 | +€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,823 | €14,966 | -€857 | -5.4% |
| Other operating charges | 640/8 | €1,019 | €789 | -€229 | -22.5% |
| Gross operating margin | 9900 | €21,377 | €1,610 | -€19,767 | -92.5% |
| Operating profit (loss) | 9901 | €4,536 | -€14,145 | -€18,681 | |
| Financial income | 75/76B | €180 | €352 | +€172 | +95.1% |
| Recurring financial income | 75 | €180 | €352 | +€172 | +95.1% |
| Financial charges | 65/66B | €234 | €276 | +€42 | +18.1% |
| Recurring financial charges | 65 | €234 | €276 | +€42 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €4,482 | -€14,069 | -€18,551 | |
| Income taxes | 67/77 | €1,475 | €174 | -€1,301 | -88.2% |
| Profit (loss) for the period | 9904 | €3,007 | -€14,244 | -€17,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,007 | -€14,244 | -€17,250 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.