TRIF-ALL CONSTRUCT: 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.
TRIF-ALL CONSTRUCT
Largest movements
- Receivables within one year +€60,584
up €60,584 (+88.9%), from €68,138 to €128,722
of which Trade receivables: +€38,900
- Tangible fixed assets +€57,781
up €57,781 (+12299.4%), from €470 to €58,251
- Cash +€10,463
up €10,463 (+139.8%), from €7,484 to €17,947
mainly Net result for the year (+€54,103) and Debts after one year (+€50,239)
- Profit (loss) carried forward +€54,103
up €54,103 (+229.3%), from €23,599 to €77,702
- Debts after one year +€50,239
new in 2025: €50,239
- Short-term financial debts +€29,000
new in 2025: €29,000
- Trade debts -€22,251
down €22,251 (-58.5%), from €38,009 to €15,758
- Current portion of long-term debt +€11,796
new in 2025: €11,796
- Gross operating margin +€55,487
up €55,487 (+159.2%), from €34,853 to €90,340
- Financial charges +€20,860
up €20,860 (+17027.6%), from €123 to €20,983
- Taxes +€5,819
up €5,819 (+72.3%), from €8,051 to €13,870
- Depreciation -€1,357
down €1,357 (-49.5%), from €2,740 to €1,383
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 | €76,092 | €205,189 | +€129,097 | +169.7% |
| Fixed assets | 21/28 | €470 | €58,251 | +€57,781 | +12299.4% |
| Tangible fixed assets | 22/27 | €470 | €58,251 | +€57,781 | +12299.4% |
| Furniture and vehicles | 24 | €470 | €58,251 | +€57,781 | +12299.4% |
| Current assets | 29/58 | €75,623 | €146,938 | +€71,315 | +94.3% |
| Amounts receivable within one year | 40/41 | €68,138 | €128,722 | +€60,584 | +88.9% |
| Trade receivables | 40 | €66,530 | €105,430 | +€38,900 | +58.5% |
| Other amounts receivable | 41 | €1,608 | €23,292 | +€21,684 | +1348.4% |
| Cash at bank and in hand | 54/58 | €7,484 | €17,947 | +€10,463 | +139.8% |
| Deferred charges and accrued income | 490/1 | - | €269 | +€269 | |
| Total equity and liabilities | 10/49 | €76,092 | €205,189 | +€129,097 | +169.7% |
| Equity | 10/15 | €23,599 | €77,702 | +€54,103 | +229.3% |
| Profit (loss) carried forward | 14 | €23,599 | €77,702 | +€54,103 | +229.3% |
| Amounts payable | 17/49 | €52,494 | €127,487 | +€74,993 | +142.9% |
| Amounts payable after more than one year | 17 | - | €50,239 | +€50,239 | |
| Financial debts | 170/4 | - | €50,239 | +€50,239 | |
| Amounts payable within one year | 42/48 | €52,494 | €77,248 | +€24,754 | +47.2% |
| Current portion of amounts payable after more than one year | 42 | - | €11,796 | +€11,796 | |
| Financial debts | 43 | - | €29,000 | +€29,000 | |
| Credit institutions | 430/8 | - | €29,000 | +€29,000 | |
| Trade debts | 44 | €38,009 | €15,758 | -€22,251 | -58.5% |
| Suppliers | 440/4 | €38,009 | €15,758 | -€22,251 | -58.5% |
| Taxes, remuneration and social security | 45 | €10,451 | €20,694 | +€10,243 | +98.0% |
| Taxes | 450/3 | €8,051 | €18,594 | +€10,543 | +131.0% |
| Remuneration and social security | 454/9 | €2,400 | €2,100 | -€300 | -12.5% |
| Other amounts payable | 47/48 | €4,034 | - | -€4,034 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,740 | €1,383 | -€1,357 | -49.5% |
| Other operating charges | 640/8 | €359 | €471 | +€112 | +31.2% |
| Gross operating margin | 9900 | €34,853 | €90,340 | +€55,487 | +159.2% |
| Operating profit (loss) | 9901 | €31,754 | €88,486 | +€56,732 | +178.7% |
| Financial income | 75/76B | €19 | €470 | +€451 | +2433.7% |
| Recurring financial income | 75 | €19 | €470 | +€451 | +2433.7% |
| Financial charges | 65/66B | €123 | €20,983 | +€20,860 | +17027.6% |
| Recurring financial charges | 65 | €123 | €20,983 | +€20,860 | +17027.6% |
| Profit (loss) for the period before taxes | 9903 | €31,650 | €67,973 | +€36,323 | +114.8% |
| Income taxes | 67/77 | €8,051 | €13,870 | +€5,819 | +72.3% |
| Profit (loss) for the period | 9904 | €23,599 | €54,103 | +€30,504 | +129.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,599 | €54,103 | +€30,504 | +129.3% |
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.