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TRIFIN: 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.

What changed

TRIFIN

BE 0872.017.231
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€7,207
2023 · -€4,899-€2,308
Equity
-€71,837
2023 · -€64,631-€7,207
Cash
€3,454
2023 · €2,132+€1,322
Balance sheet total
€253,623
2023 · €250,229+€3,394

Largest movements

2023 to 2024
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€7,207

      down €7,207 (-5.7%), from -€126,787 to -€133,994

    • Short-term financial debts +€6,000

      up €6,000 (+1.9%), from €314,195 to €320,195

    • Trade debts +€4,537

      up €4,537 (+683.1%), from €664 to €5,201

    Income statement
    • Gross operating margin -€2,371

      down €2,371 (-54.2%), from -€4,376 to -€6,747

    • Financial income +€81

      new in 2024: €81

    From the 2023 result to the 2024 result

    effect on the 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.

    Result 2023 -€4,899
    Gross operating margin -€2,371
    Other operating charges -€14
    Financial income +€81
    Financial charges -€4
    Result 2024 -€7,207

    Cash bridge derived

    cash 2023 to 2024

    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.

    From operations -€4,678
    Investment €0
    Financing +€6,000
    Cash 2023 €2,132
    Net result for the year -€7,207
    Receivables within one year -€2,058
    Deferred charges and accrued income -€14
    Trade debts +€4,537
    Accrued charges and deferred income +€64
    Short-term financial debts +€6,000
    Cash 2024 €3,454
    Every line side by side 34 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €250,229 €253,623 +€3,394 +1.4%
    Current assets 29/58 €250,229 €253,623 +€3,394 +1.4%
    Stocks and contracts in progress 3 €246,802 €246,802 = 0.0%
    Stocks 30/36 €246,802 €246,802 = 0.0%
    Amounts receivable within one year 40/41 €806 €2,864 +€2,058 +255.3%
    Other amounts receivable 41 €806 €2,864 +€2,058 +255.3%
    Cash at bank and in hand 54/58 €2,132 €3,454 +€1,322 +62.0%
    Deferred charges and accrued income 490/1 €488 €502 +€14 +2.9%
    Total equity and liabilities 10/49 €250,229 €253,623 +€3,394 +1.4%
    Equity 10/15 -€64,631 -€71,837 -€7,207 -11.2%
    Contributions 10/11 €61,500 €61,500 = 0.0%
    Capital 10 €61,500 €61,500 = 0.0%
    Issued capital 100 €61,500 €61,500 = 0.0%
    Reserves 13 €657 €657 = 0.0%
    Non-distributable reserves 130/1 €657 €657 = 0.0%
    Legal reserve 130 €657 €657 = 0.0%
    Profit (loss) carried forward 14 -€126,787 -€133,994 -€7,207 -5.7%
    Amounts payable 17/49 €314,859 €325,460 +€10,601 +3.4%
    Amounts payable within one year 42/48 €314,859 €325,396 +€10,537 +3.3%
    Financial debts 43 €314,195 €320,195 +€6,000 +1.9%
    Other loans 439 €314,195 €320,195 +€6,000 +1.9%
    Trade debts 44 €664 €5,201 +€4,537 +683.1%
    Suppliers 440/4 €664 €5,201 +€4,537 +683.1%
    Accrued charges and deferred income 492/3 - €64 +€64
    Other operating charges 640/8 €499 €513 +€14 +2.8%
    Gross operating margin 9900 -€4,376 -€6,747 -€2,371 -54.2%
    Operating profit (loss) 9901 -€4,875 -€7,260 -€2,385 -48.9%
    Financial income 75/76B - €81 +€81
    Recurring financial income 75 - €81 +€81
    Financial charges 65/66B €24 €28 +€4 +16.5%
    Recurring financial charges 65 €24 €28 +€4 +16.5%
    Profit (loss) for the period before taxes 9903 -€4,899 -€7,207 -€2,308 -47.1%
    Profit (loss) for the period 9904 -€4,899 -€7,207 -€2,308 -47.1%
    Profit (loss) for the period to be appropriated 9905 -€4,899 -€7,207 -€2,308 -47.1%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.