TRIFLEX: 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.
TRIFLEX
Largest movements
- Receivables within one year +€213,445
up €213,445 (+44.6%), from €478,951 to €692,396
of which Trade receivables: +€165,751
- Cash -€94,590
down €94,590 (-20.0%), from €473,221 to €378,631
mainly Receivables within one year (-€213,445) and Contributions, distributions and other (-€125,666)
- Tangible fixed assets +€43,855
up €43,855 (+715.4%), from €6,130 to €49,985
of which Furniture and vehicles: +€48,587
- Intangible fixed assets +€15,535
up €15,535 (+4302.3%), from €361 to €15,896
- Profit (loss) carried forward +€242,902
up €242,902 (+206.9%), from €117,427 to €360,330
- Other debts -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
- Tax, wage and social debts +€96,385
up €96,385 (+47.9%), from €201,075 to €297,461
of which Remuneration and social security: +€133,455
- Trade debts -€57,878
down €57,878 (-55.1%), from €105,005 to €47,127
- Gross operating margin +€488,689
up €488,689 (+38.3%), from €1.3m to €1.8m
- Staff costs +€241,113
up €241,113 (+24.1%), from €1.0m to €1.2m
- Taxes +€28,379
up €28,379 (+35.7%), from €79,416 to €107,795
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.
Cash bridge derived
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 | €1,033,507 | €1,214,917 | +€181,410 | +17.6% |
| Fixed assets | 21/28 | €29,126 | €88,515 | +€59,389 | +203.9% |
| Intangible fixed assets | 21 | €361 | €15,896 | +€15,535 | +4302.3% |
| Tangible fixed assets | 22/27 | €6,130 | €49,985 | +€43,855 | +715.4% |
| Furniture and vehicles | 24 | €222 | €48,809 | +€48,587 | +21866.3% |
| Other tangible fixed assets | 26 | €5,908 | €1,176 | -€4,732 | -80.1% |
| Financial fixed assets | 28 | €22,634 | €22,634 | = | 0.0% |
| Current assets | 29/58 | €1,004,381 | €1,126,402 | +€122,021 | +12.1% |
| Stocks and contracts in progress | 3 | €22,828 | €25,121 | +€2,292 | +10.0% |
| Stocks | 30/36 | €22,828 | €25,121 | +€2,292 | +10.0% |
| Amounts receivable within one year | 40/41 | €478,951 | €692,396 | +€213,445 | +44.6% |
| Trade receivables | 40 | €476,367 | €642,118 | +€165,751 | +34.8% |
| Other amounts receivable | 41 | €2,584 | €50,278 | +€47,694 | +1845.7% |
| Cash at bank and in hand | 54/58 | €473,221 | €378,631 | -€94,590 | -20.0% |
| Deferred charges and accrued income | 490/1 | €29,380 | €30,254 | +€874 | +3.0% |
| Total equity and liabilities | 10/49 | €1,033,507 | €1,214,917 | +€181,410 | +17.6% |
| Equity | 10/15 | €427,427 | €670,330 | +€242,902 | +56.8% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,427 | €360,330 | +€242,902 | +206.9% |
| Amounts payable | 17/49 | €606,080 | €544,588 | -€61,492 | -10.1% |
| Amounts payable within one year | 42/48 | €606,080 | €544,588 | -€61,492 | -10.1% |
| Trade debts | 44 | €105,005 | €47,127 | -€57,878 | -55.1% |
| Suppliers | 440/4 | €105,005 | €47,127 | -€57,878 | -55.1% |
| Taxes, remuneration and social security | 45 | €201,075 | €297,461 | +€96,385 | +47.9% |
| Taxes | 450/3 | €78,574 | €41,504 | -€37,070 | -47.2% |
| Remuneration and social security | 454/9 | €122,501 | €255,956 | +€133,455 | +108.9% |
| Other amounts payable | 47/48 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Remuneration, social security and pensions | 62 | €1,002,037 | €1,243,151 | +€241,113 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,268 | €12,304 | +€5,036 | +69.3% |
| Other operating charges | 640/8 | €109 | €118 | +€9 | +8.3% |
| Gross operating margin | 9900 | €1,276,163 | €1,764,852 | +€488,689 | +38.3% |
| Operating profit (loss) | 9901 | €266,749 | €509,280 | +€242,530 | +90.9% |
| Financial income | 75/76B | €1,633 | €669 | -€964 | -59.1% |
| Recurring financial income | 75 | €1,633 | €669 | -€964 | -59.1% |
| Financial charges | 65/66B | €26,196 | €33,585 | +€7,389 | +28.2% |
| Recurring financial charges | 65 | €26,196 | €33,585 | +€7,389 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €242,187 | €476,364 | +€234,177 | +96.7% |
| Income taxes | 67/77 | €79,416 | €107,795 | +€28,379 | +35.7% |
| Profit (loss) for the period | 9904 | €162,771 | €368,569 | +€205,798 | +126.4% |
| Profit (loss) for the period to be appropriated | 9905 | €162,771 | €368,569 | +€205,798 | +126.4% |
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 1 October 2026 via checked.be.