TRIGEER: 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.
TRIGEER
Largest movements
- Tangible fixed assets -€78,330
down €78,330 (-3.1%), from €2.5m to €2.4m
of which Land and buildings: -€77,846
- Profit (loss) carried forward -€279,617
down €279,617 (-26.0%), from -€1.1m to -€1.4m
- Debts after one year +€216,000
up €216,000 (+14.5%), from €1.5m to €1.7m
- Current portion of long-term debt -€95,000
down €95,000 (-5.6%), from €1.7m to €1.6m
- Accrued charges and deferred income +€51,159
up €51,159 (+34.2%), from €149,613 to €200,773
- Financial charges -€28,383
down €28,383 (-19.1%), from €148,555 to €120,172
- Gross operating margin -€9,409
down €9,409 (-13.4%), from -€70,174 to -€79,583
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 | €2,503,145 | €2,420,106 | -€83,040 | -3.3% |
| Fixed assets | 21/28 | €2,489,153 | €2,410,823 | -€78,330 | -3.1% |
| Tangible fixed assets | 22/27 | €2,489,153 | €2,410,823 | -€78,330 | -3.1% |
| Land and buildings | 22 | €2,487,300 | €2,409,454 | -€77,846 | -3.1% |
| Furniture and vehicles | 24 | €1,852 | €1,368 | -€484 | -26.1% |
| Current assets | 29/58 | €13,993 | €9,283 | -€4,710 | -33.7% |
| Amounts receivable within one year | 40/41 | €2,498 | €8,146 | +€5,648 | +226.1% |
| Other amounts receivable | 41 | €2,498 | €8,146 | +€5,648 | +226.1% |
| Cash at bank and in hand | 54/58 | €8,618 | €1,066 | -€7,552 | -87.6% |
| Deferred charges and accrued income | 490/1 | €2,877 | €72 | -€2,805 | -97.5% |
| Total equity and liabilities | 10/49 | €2,503,145 | €2,420,106 | -€83,040 | -3.3% |
| Equity | 10/15 | -€836,666 | -€1,116,283 | -€279,617 | -33.4% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,076,666 | -€1,356,283 | -€279,617 | -26.0% |
| Amounts payable | 17/49 | €3,339,811 | €3,536,388 | +€196,577 | +5.9% |
| Amounts payable after more than one year | 17 | €1,485,000 | €1,701,000 | +€216,000 | +14.5% |
| Other amounts payable | 178/9 | €1,485,000 | €1,701,000 | +€216,000 | +14.5% |
| Amounts payable within one year | 42/48 | €1,705,198 | €1,634,616 | -€70,582 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €1,700,000 | €1,605,000 | -€95,000 | -5.6% |
| Trade debts | 44 | €5,198 | €29,616 | +€24,418 | +469.8% |
| Suppliers | 440/4 | €5,198 | €29,616 | +€24,418 | +469.8% |
| Accrued charges and deferred income | 492/3 | €149,613 | €200,773 | +€51,159 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,255 | €78,330 | +€74 | +0.1% |
| Other operating charges | 640/8 | €968 | €1,532 | +€565 | +58.4% |
| Gross operating margin | 9900 | -€70,174 | -€79,583 | -€9,409 | -13.4% |
| Operating profit (loss) | 9901 | -€149,397 | -€159,445 | -€10,048 | -6.7% |
| Financial charges | 65/66B | €148,555 | €120,172 | -€28,383 | -19.1% |
| Recurring financial charges | 65 | €148,555 | €120,172 | -€28,383 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€297,952 | -€279,617 | +€18,335 | +6.2% |
| Profit (loss) for the period | 9904 | -€297,952 | -€279,617 | +€18,335 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€297,952 | -€279,617 | +€18,335 | +6.2% |
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 4 October 2026 via checked.be.