Triglan Belgium: 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.
Triglan Belgium
Largest movements
- Stocks and contracts -€73,787
down €73,787 (-51.5%), from €143,168 to €69,382
- Receivables within one year +€57,467
up €57,467 (+50.0%), from €114,992 to €172,460
of which Trade receivables: +€53,900
- Cash -€24,742
down €24,742 (-89.4%), from €27,676 to €2,933
mainly Trade debts (-€105,697) and Receivables within one year (-€57,467)
- Trade debts -€105,697
down €105,697 (-48.4%), from €218,312 to €112,615
- Profit (loss) carried forward +€44,745
up €44,745 (+92.0%), from -€48,649 to -€3,904
- Other debts +€12,319
up €12,319 (+16.3%), from €75,691 to €88,010
- Accrued charges and deferred income +€7,225
up €7,225 (+116%), from €6,238 to €13,462
- Gross operating margin +€34,786
up €34,786 (+160%), from €21,794 to €56,579
- Other operating charges -€7,870
down €7,870 (-57.0%), from €13,805 to €5,935
- Financial charges +€1,593
up €1,593 (+37.0%), from €4,307 to €5,900
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 | €286,592 | €245,184 | -€41,408 | -14.4% |
| Fixed assets | 21/28 | €16 | €16 | = | 0.0% |
| Financial fixed assets | 28 | €16 | €16 | = | 0.0% |
| Current assets | 29/58 | €286,576 | €245,168 | -€41,408 | -14.4% |
| Stocks and contracts in progress | 3 | €143,168 | €69,382 | -€73,787 | -51.5% |
| Stocks | 30/36 | €143,168 | €69,382 | -€73,787 | -51.5% |
| Amounts receivable within one year | 40/41 | €114,992 | €172,460 | +€57,467 | +50.0% |
| Trade receivables | 40 | €110,202 | €164,101 | +€53,900 | +48.9% |
| Other amounts receivable | 41 | €4,791 | €8,358 | +€3,568 | +74.5% |
| Cash at bank and in hand | 54/58 | €27,676 | €2,933 | -€24,742 | -89.4% |
| Deferred charges and accrued income | 490/1 | €740 | €393 | -€347 | -46.9% |
| Total equity and liabilities | 10/49 | €286,592 | €245,184 | -€41,408 | -14.4% |
| Equity | 10/15 | -€13,649 | €31,096 | +€44,745 | |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,649 | -€3,904 | +€44,745 | +92.0% |
| Amounts payable | 17/49 | €300,241 | €214,088 | -€86,153 | -28.7% |
| Amounts payable within one year | 42/48 | €294,003 | €200,626 | -€93,378 | -31.8% |
| Trade debts | 44 | €218,312 | €112,615 | -€105,697 | -48.4% |
| Suppliers | 440/4 | €218,312 | €112,615 | -€105,697 | -48.4% |
| Other amounts payable | 47/48 | €75,691 | €88,010 | +€12,319 | +16.3% |
| Accrued charges and deferred income | 492/3 | €6,238 | €13,462 | +€7,225 | +116% |
| Other operating charges | 640/8 | €13,805 | €5,935 | -€7,870 | -57.0% |
| Gross operating margin | 9900 | €21,794 | €56,579 | +€34,786 | +160% |
| Operating profit (loss) | 9901 | €7,989 | €50,644 | +€42,656 | +534% |
| Financial income | 75/76B | €36 | €0 | -€36 | -100.0% |
| Recurring financial income | 75 | €36 | €0 | -€36 | -100.0% |
| Financial charges | 65/66B | €4,307 | €5,900 | +€1,593 | +37.0% |
| Recurring financial charges | 65 | €4,307 | €5,900 | +€1,593 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €3,718 | €44,745 | +€41,027 | +1,103% |
| Profit (loss) for the period | 9904 | €3,718 | €44,745 | +€41,027 | +1,103% |
| Profit (loss) for the period to be appropriated | 9905 | €3,718 | €44,745 | +€41,027 | +1,103% |
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 27 October 2026 via checked.be.