TRIFISC: 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.
TRIFISC
Largest movements
- Cash -€289,387
down €289,387 (-93.9%), from €308,262 to €18,875
mainly Current investments (-€173,354) and Receivables within one year (-€167,983)
- Current investments +€173,354
up €173,354 (+85556.5%), from €203 to €173,557
- Receivables within one year +€167,983
up €167,983 (+139.7%), from €120,231 to €288,214
of which Trade receivables: +€118,951
- Tangible fixed assets +€5,754
up €5,754 (+59.1%), from €9,738 to €15,491
of which Plant, machinery and equipment: +€3,014
- Reserves +€105,413
up €105,413 (+73.8%), from €142,906 to €248,319
of which Distributable reserves: +€105,413
- Tax, wage and social debts -€33,295
down €33,295 (-49.3%), from €67,551 to €34,256
- Trade debts -€28,646
down €28,646 (-82.8%), from €34,614 to €5,968
- Current portion of long-term debt +€11,281
up €11,281, from €0 to €11,281
- Short-term financial debts +€5,169
new in 2025: €5,169
- Gross operating margin +€223,300
up €223,300, from -€75,474 to €147,826
- Financial income -€191,560
down €191,560 (-97.3%), from €196,881 to €5,321
of which Non-recurring financial income: -€195,269
- Other operating charges -€52,174
down €52,174 (-95.9%), from €54,424 to €2,250
- Write-downs +€24,259
no longer reported in 2025 (was -€24,259)
- Financial charges -€18,431
down €18,431 (-98.3%), from €18,754 to €323
of which Financial charges: -€17,186
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 | €453,576 | €513,499 | +€59,923 | +13.2% |
| Fixed assets | 21/28 | €14,048 | €19,802 | +€5,754 | +41.0% |
| Tangible fixed assets | 22/27 | €9,738 | €15,491 | +€5,754 | +59.1% |
| Land and buildings | 22 | €8,811 | €11,551 | +€2,740 | +31.1% |
| Plant, machinery and equipment | 23 | €927 | €3,941 | +€3,014 | +325.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €4,311 | €4,311 | = | 0.0% |
| Current assets | 29/58 | €439,528 | €493,697 | +€54,169 | +12.3% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Trade receivables | 290 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €120,231 | €288,214 | +€167,983 | +139.7% |
| Trade receivables | 40 | €0 | €118,951 | +€118,951 | |
| Other amounts receivable | 41 | €120,231 | €169,264 | +€49,032 | +40.8% |
| Current investments | 50/53 | €203 | €173,557 | +€173,354 | +85556.5% |
| Cash at bank and in hand | 54/58 | €308,262 | €18,875 | -€289,387 | -93.9% |
| Deferred charges and accrued income | 490/1 | €831 | €3,051 | +€2,219 | +267.0% |
| Total equity and liabilities | 10/49 | €453,576 | €513,499 | +€59,923 | +13.2% |
| Equity | 10/15 | €321,411 | €426,825 | +€105,414 | +32.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €142,906 | €248,319 | +€105,413 | +73.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €141,046 | €246,459 | +€105,413 | +74.7% |
| Profit (loss) carried forward | 14 | €172,306 | €172,307 | +€1 | 0.0% |
| Provisions and deferred taxes | 16 | €30,000 | €30,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €30,000 | €30,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable | 17/49 | €102,164 | €56,673 | -€45,491 | -44.5% |
| Amounts payable within one year | 42/48 | €102,164 | €56,673 | -€45,491 | -44.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | €11,281 | +€11,281 | |
| Financial debts | 43 | - | €5,169 | +€5,169 | |
| Credit institutions | 430/8 | - | €5,169 | +€5,169 | |
| Trade debts | 44 | €34,614 | €5,968 | -€28,646 | -82.8% |
| Suppliers | 440/4 | €34,614 | €5,968 | -€28,646 | -82.8% |
| Taxes, remuneration and social security | 45 | €67,551 | €34,256 | -€33,295 | -49.3% |
| Taxes | 450/3 | €67,551 | €34,256 | -€33,295 | -49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €875 | +€875 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€24,259 | - | +€24,259 | |
| Other operating charges | 640/8 | €54,424 | €2,250 | -€52,174 | -95.9% |
| Gross operating margin | 9900 | -€75,474 | €147,826 | +€223,300 | |
| Operating profit (loss) | 9901 | -€105,638 | €144,702 | +€250,340 | |
| Financial income | 75/76B | €196,881 | €5,321 | -€191,560 | -97.3% |
| Recurring financial income | 75 | €18 | €3,727 | +€3,709 | +20492.3% |
| Non-recurring financial income | 76B | €196,863 | €1,594 | -€195,269 | -99.2% |
| Financial charges | 65/66B | €18,754 | €323 | -€18,431 | -98.3% |
| Recurring financial charges | 65 | €17,509 | €323 | -€17,186 | -98.2% |
| Non-recurring financial charges | 66B | €1,245 | - | -€1,245 | |
| Profit (loss) for the period before taxes | 9903 | €72,489 | €149,700 | +€77,211 | +106.5% |
| Income taxes | 67/77 | €27,905 | €44,286 | +€16,382 | +58.7% |
| Profit (loss) for the period | 9904 | €44,585 | €105,414 | +€60,829 | +136.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,585 | €105,414 | +€60,829 | +136.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.