TRIGENIO: 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.
TRIGENIO
Largest movements
- Cash +€52,466
up €52,466 (+105.8%), from €49,575 to €102,040
mainly Net result for the year (+€208,469) and Accrued charges and deferred income (+€115,139)
- Receivables within one year +€43,482
up €43,482 (+240.0%), from €18,116 to €61,597
of which Trade receivables: +€43,498
- Receivables after one year -€31,341
down €31,341 (-11.8%), from €265,315 to €233,974
- Deferred charges and accrued income -€17,377
down €17,377 (-67.9%), from €25,611 to €8,234
- Tangible fixed assets +€10,174
up €10,174 (+11.3%), from €89,700 to €99,874
of which Plant, machinery and equipment: +€14,055
- Accrued charges and deferred income +€115,139
new in 2025: €115,139
- Trade debts -€80,866
down €80,866 (-39.2%), from €206,055 to €125,189
- Tax, wage and social debts +€43,474
up €43,474 (+222.3%), from €19,558 to €63,032
of which Taxes: +€38,455
- Debts after one year -€12,392
down €12,392 (-53.2%), from €23,280 to €10,888
- Short-term financial debts -€11,832
no longer reported in 2025 (was €11,832)
- Gross operating margin +€22,758
up €22,758 (+5.5%), from €413,937 to €436,695
- Staff costs +€8,753
up €8,753 (+6.8%), from €129,237 to €137,990
- Financial charges -€8,334
down €8,334, from €7,274 to -€1,060
- Depreciation +€6,100
up €6,100 (+20.7%), from €29,466 to €35,566
- Taxes +€6,007
up €6,007 (+11.1%), from €54,277 to €60,285
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 | €565,365 | €630,110 | +€64,744 | +11.5% |
| Fixed assets | 21/28 | €106,260 | €116,434 | +€10,174 | +9.6% |
| Tangible fixed assets | 22/27 | €89,700 | €99,874 | +€10,174 | +11.3% |
| Plant, machinery and equipment | 23 | €67,610 | €81,665 | +€14,055 | +20.8% |
| Furniture and vehicles | 24 | €3,179 | €2,679 | -€500 | -15.7% |
| Other tangible fixed assets | 26 | €18,910 | €15,529 | -€3,381 | -17.9% |
| Financial fixed assets | 28 | €16,560 | €16,560 | = | 0.0% |
| Current assets | 29/58 | €459,106 | €513,676 | +€54,570 | +11.9% |
| Amounts receivable after more than one year | 29 | €265,315 | €233,974 | -€31,341 | -11.8% |
| Other amounts receivable | 291 | €265,315 | €233,974 | -€31,341 | -11.8% |
| Stocks and contracts in progress | 3 | €100,490 | €107,830 | +€7,341 | +7.3% |
| Stocks | 30/36 | €100,490 | €107,830 | +€7,341 | +7.3% |
| Amounts receivable within one year | 40/41 | €18,116 | €61,597 | +€43,482 | +240.0% |
| Trade receivables | 40 | €18,100 | €61,597 | +€43,498 | +240.3% |
| Other amounts receivable | 41 | €16 | - | -€16 | |
| Cash at bank and in hand | 54/58 | €49,575 | €102,040 | +€52,466 | +105.8% |
| Deferred charges and accrued income | 490/1 | €25,611 | €8,234 | -€17,377 | -67.9% |
| Total equity and liabilities | 10/49 | €565,365 | €630,110 | +€64,744 | +11.5% |
| Equity | 10/15 | €75,000 | €75,000 | = | 0.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable | 17/49 | €490,365 | €555,110 | +€64,744 | +13.2% |
| Amounts payable after more than one year | 17 | €23,280 | €10,888 | -€12,392 | -53.2% |
| Financial debts | 170/4 | €23,280 | €10,888 | -€12,392 | -53.2% |
| Amounts payable within one year | 42/48 | €467,085 | €429,083 | -€38,002 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €12,125 | €12,392 | +€268 | +2.2% |
| Financial debts | 43 | €11,832 | - | -€11,832 | |
| Credit institutions | 430/8 | €11,832 | - | -€11,832 | |
| Trade debts | 44 | €206,055 | €125,189 | -€80,866 | -39.2% |
| Suppliers | 440/4 | €206,055 | €125,189 | -€80,866 | -39.2% |
| Taxes, remuneration and social security | 45 | €19,558 | €63,032 | +€43,474 | +222.3% |
| Taxes | 450/3 | €7,723 | €46,178 | +€38,455 | +497.9% |
| Remuneration and social security | 454/9 | €11,835 | €16,854 | +€5,019 | +42.4% |
| Other amounts payable | 47/48 | €217,514 | €228,469 | +€10,955 | +5.0% |
| Accrued charges and deferred income | 492/3 | - | €115,139 | +€115,139 | |
| Remuneration, social security and pensions | 62 | €129,237 | €137,990 | +€8,753 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,466 | €35,566 | +€6,100 | +20.7% |
| Other operating charges | 640/8 | €2,394 | €2,510 | +€116 | +4.9% |
| Gross operating margin | 9900 | €413,937 | €436,695 | +€22,758 | +5.5% |
| Operating profit (loss) | 9901 | €252,840 | €260,629 | +€7,789 | +3.1% |
| Financial income | 75/76B | €8,725 | €7,064 | -€1,661 | -19.0% |
| Recurring financial income | 75 | €8,725 | €7,064 | -€1,661 | -19.0% |
| Financial charges | 65/66B | €7,274 | -€1,060 | -€8,334 | |
| Recurring financial charges | 65 | €7,274 | -€1,060 | -€8,334 | |
| Profit (loss) for the period before taxes | 9903 | €254,292 | €268,754 | +€14,462 | +5.7% |
| Income taxes | 67/77 | €54,277 | €60,285 | +€6,007 | +11.1% |
| Profit (loss) for the period | 9904 | €200,014 | €208,469 | +€8,455 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €200,014 | €208,469 | +€8,455 | +4.2% |
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 8 October 2026 via checked.be.