Triginta Land: what changed
Two financial 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.
Triginta Land
Largest movements
- Financial fixed assets -€2.6m
down €2.6m (-47.4%), from €5.4m to €2.9m
- Stocks and contracts -€1.4m
down €1.4m (-63.4%), from €2.2m to €787,481
- Profit (loss) carried forward -€4.2m
down €4.2m (-649%), from -€639,927 to -€4.8m
- Debts after one year +€1.5m
up €1.5m (+82.8%), from €1.8m to €3.3m
- Current portion of long-term debt -€995,000
down €995,000 (-47.0%), from €2.1m to €1.1m
- Short-term financial debts -€290,564
no longer reported in 2025 (was €290,564)
- Financial charges +€2.6m
up €2.6m (+1,389%), from €186,556 to €2.8m
of which Non-recurring financial charges: +€2.6m
- Write-downs +€1.4m
new in 2025: €1.4m
- Gross operating margin +€6,927
up €6,927 (+34.5%), from -€20,091 to -€13,164
- Financial income +€6,077
up €6,077 (+498%), from €1,220 to €7,297
- Other operating charges -€1,528
down €1,528 (-57.2%), from €2,670 to €1,143
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.
Derived cash bridge
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 | €7,599,263 | €3,669,648 | -€3.9m | -51.7% |
| Formation expenses | 20 | €3,367 | €2,659 | -€708 | -21.0% |
| Fixed assets | 21/28 | €5,434,377 | €2,858,460 | -€2.6m | -47.4% |
| Financial fixed assets | 28 | €5,434,377 | €2,858,460 | -€2.6m | -47.4% |
| Current assets | 29/58 | €2,161,519 | €808,529 | -€1.4m | -62.6% |
| Stocks and contracts in progress | 3 | €2,151,212 | €787,481 | -€1.4m | -63.4% |
| Stocks | 30/36 | €2,151,212 | €787,481 | -€1.4m | -63.4% |
| Cash at bank and in hand | 54/58 | €9,473 | €21,048 | +€11,575 | +122% |
| Deferred charges and accrued income | 490/1 | €834 | - | -€834 | |
| Total equity and liabilities | 10/49 | €7,599,263 | €3,669,648 | -€3.9m | -51.7% |
| Equity | 10/15 | €3,360,073 | -€795,890 | -€4.2m | |
| Contributions | 10/11 | €4,000,000 | €4,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€639,927 | -€4,795,890 | -€4.2m | -649% |
| Amounts payable | 17/49 | €4,239,190 | €4,465,539 | +€226,348 | +5.3% |
| Amounts payable after more than one year | 17 | €1,823,129 | €3,333,129 | +€1.5m | +82.8% |
| Financial debts | 170/4 | €1,823,129 | €3,333,129 | +€1.5m | +82.8% |
| Amounts payable within one year | 42/48 | €2,407,868 | €1,126,950 | -€1.3m | -53.2% |
| Current portion of amounts payable after more than one year | 42 | €2,115,000 | €1,120,000 | -€995,000 | -47.0% |
| Financial debts | 43 | €290,564 | - | -€290,564 | |
| Other loans | 439 | €290,564 | - | -€290,564 | |
| Trade debts | 44 | €2,305 | €6,950 | +€4,645 | +202% |
| Suppliers | 440/4 | €2,305 | €6,950 | +€4,645 | +202% |
| Accrued charges and deferred income | 492/3 | €8,193 | €5,459 | -€2,733 | -33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174 | €708 | +€534 | +307% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,370,680 | +€1.4m | |
| Other operating charges | 640/8 | €2,670 | €1,143 | -€1,528 | -57.2% |
| Gross operating margin | 9900 | -€20,091 | -€13,164 | +€6,927 | +34.5% |
| Operating profit (loss) | 9901 | -€22,935 | -€1,385,695 | -€1.4m | -5,942% |
| Financial income | 75/76B | €1,220 | €7,297 | +€6,077 | +498% |
| Recurring financial income | 75 | €1,220 | €7,297 | +€6,077 | +498% |
| Financial charges | 65/66B | €186,556 | €2,777,565 | +€2.6m | +1,389% |
| Recurring financial charges | 65 | €186,556 | €165,649 | -€20,907 | -11.2% |
| Non-recurring financial charges | 66B | - | €2,611,917 | +€2.6m | |
| Profit (loss) for the period before taxes | 9903 | -€208,271 | -€4,155,963 | -€3.9m | -1,895% |
| Profit (loss) for the period | 9904 | -€208,271 | -€4,155,963 | -€3.9m | -1,895% |
| Profit (loss) for the period to be appropriated | 9905 | -€208,271 | -€4,155,963 | -€3.9m | -1,895% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.