TRIGENK: 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.
TRIGENK
Largest movements
- Tangible fixed assets -€15,568
down €15,568 (-23.6%), from €65,908 to €50,340
of which Plant, machinery and equipment: -€15,009
- Receivables within one year -€15,011
no longer reported in 2025 (was €15,011)
of which Trade receivables: -€11,700
- Stocks and contracts -€4,332
down €4,332 (-50.4%), from €8,603 to €4,271
- Cash +€1,942
up €1,942 (+612.4%), from €317 to €2,259
mainly Depreciation (+€15,568) and Receivables within one year (+€15,011)
- Trade debts -€17,888
down €17,888 (-57.7%), from €30,993 to €13,104
- Debts after one year -€11,984
down €11,984 (-62.8%), from €19,076 to €7,092
- Tax, wage and social debts -€7,455
down €7,455 (-72.4%), from €10,295 to €2,840
- Other debts +€5,942
up €5,942 (+12.1%), from €48,955 to €54,898
- Current portion of long-term debt -€3,040
down €3,040 (-20.2%), from €15,024 to €11,984
- Gross operating margin +€16,886
up €16,886 (+74.6%), from €22,635 to €39,520
- Staff costs -€14,947
down €14,947 (-45.3%), from €33,002 to €18,055
- Financial charges -€2,532
down €2,532 (-52.2%), from €4,846 to €2,315
- Other operating charges -€2,071
down €2,071 (-49.3%), from €4,198 to €2,127
- Depreciation -€785
down €785 (-4.8%), from €16,353 to €15,568
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 | €89,839 | €56,870 | -€32,969 | -36.7% |
| Fixed assets | 21/28 | €65,908 | €50,340 | -€15,568 | -23.6% |
| Tangible fixed assets | 22/27 | €65,908 | €50,340 | -€15,568 | -23.6% |
| Plant, machinery and equipment | 23 | €64,120 | €49,110 | -€15,009 | -23.4% |
| Furniture and vehicles | 24 | €687 | €320 | -€367 | -53.5% |
| Other tangible fixed assets | 26 | €1,102 | €910 | -€192 | -17.4% |
| Current assets | 29/58 | €23,931 | €6,530 | -€17,401 | -72.7% |
| Stocks and contracts in progress | 3 | €8,603 | €4,271 | -€4,332 | -50.4% |
| Stocks | 30/36 | €8,603 | €4,271 | -€4,332 | -50.4% |
| Amounts receivable within one year | 40/41 | €15,011 | - | -€15,011 | |
| Trade receivables | 40 | €11,700 | - | -€11,700 | |
| Other amounts receivable | 41 | €3,311 | - | -€3,311 | |
| Cash at bank and in hand | 54/58 | €317 | €2,259 | +€1,942 | +612.4% |
| Total equity and liabilities | 10/49 | €89,839 | €56,870 | -€32,969 | -36.7% |
| Equity | 10/15 | -€34,504 | -€33,048 | +€1,456 | +4.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,504 | -€53,048 | +€1,456 | +2.7% |
| Amounts payable | 17/49 | €124,342 | €89,918 | -€34,424 | -27.7% |
| Amounts payable after more than one year | 17 | €19,076 | €7,092 | -€11,984 | -62.8% |
| Financial debts | 170/4 | €19,076 | €7,092 | -€11,984 | -62.8% |
| Amounts payable within one year | 42/48 | €105,267 | €82,826 | -€22,441 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €15,024 | €11,984 | -€3,040 | -20.2% |
| Trade debts | 44 | €30,993 | €13,104 | -€17,888 | -57.7% |
| Suppliers | 440/4 | €30,993 | €13,104 | -€17,888 | -57.7% |
| Taxes, remuneration and social security | 45 | €10,295 | €2,840 | -€7,455 | -72.4% |
| Taxes | 450/3 | €10,295 | €2,840 | -€7,455 | -72.4% |
| Other amounts payable | 47/48 | €48,955 | €54,898 | +€5,942 | +12.1% |
| Remuneration, social security and pensions | 62 | €33,002 | €18,055 | -€14,947 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,353 | €15,568 | -€785 | -4.8% |
| Other operating charges | 640/8 | €4,198 | €2,127 | -€2,071 | -49.3% |
| Gross operating margin | 9900 | €22,635 | €39,520 | +€16,886 | +74.6% |
| Operating profit (loss) | 9901 | -€30,918 | €3,771 | +€34,689 | |
| Financial income | 75/76B | €54 | - | -€54 | |
| Recurring financial income | 75 | €54 | - | -€54 | |
| Financial charges | 65/66B | €4,846 | €2,315 | -€2,532 | -52.2% |
| Recurring financial charges | 65 | €4,846 | €2,315 | -€2,532 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | -€35,710 | €1,456 | +€37,166 | |
| Profit (loss) for the period | 9904 | -€35,710 | €1,456 | +€37,166 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,710 | €1,456 | +€37,166 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.