TRIGONE-CONSEIL: 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.
TRIGONE-CONSEIL
Largest movements
- Receivables within one year +€92,544
up €92,544 (+14.0%), from €662,815 to €755,359
of which Trade receivables: +€92,501
- Cash +€26,612
up €26,612 (+25.1%), from €106,197 to €132,808
mainly Short-term financial debts (+€74,030) and Depreciation (+€48,888)
- Tangible fixed assets +€16,057
up €16,057 (+11.3%), from €141,651 to €157,709
of which Other tangible fixed assets: +€78,835
- Short-term financial debts +€74,030
up €74,030 (+38.3%), from €193,441 to €267,471
- Debts after one year +€37,107
up €37,107 (+55.3%), from €67,056 to €104,163
- Tax, wage and social debts -€21,170
down €21,170 (-6.1%), from €346,784 to €325,614
of which Taxes: -€35,220
- Trade debts +€19,645
up €19,645 (+9.7%), from €202,386 to €222,031
- Gross operating margin -€82,692
down €82,692 (-5.9%), from €1.4m to €1.3m
- Write-downs -€78,143
down €78,143, from €24,864 to -€53,279
- Staff costs -€64,260
down €64,260 (-5.3%), from €1.2m to €1.2m
- Other operating charges +€38,648
up €38,648 (+281%), from €13,757 to €52,405
- Financial income -€21,314
down €21,314 (-99.9%), from €21,325 to €11
of which Non-recurring financial income: -€21,300
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 | €962,746 | €1,092,104 | +€129,358 | +13.4% |
| Formation expenses | 20 | €9,137 | €8,050 | -€1,087 | -11.9% |
| Fixed assets | 21/28 | €143,733 | €159,800 | +€16,066 | +11.2% |
| Tangible fixed assets | 22/27 | €141,651 | €157,709 | +€16,057 | +11.3% |
| Furniture and vehicles | 24 | €125,333 | €62,554 | -€62,778 | -50.1% |
| Other tangible fixed assets | 26 | €16,319 | €95,154 | +€78,835 | +483% |
| Financial fixed assets | 28 | €2,082 | €2,091 | +€9 | +0.5% |
| Current assets | 29/58 | €809,876 | €924,254 | +€114,378 | +14.1% |
| Amounts receivable within one year | 40/41 | €662,815 | €755,359 | +€92,544 | +14.0% |
| Trade receivables | 40 | €660,651 | €753,152 | +€92,501 | +14.0% |
| Other amounts receivable | 41 | €2,164 | €2,207 | +€43 | +2.0% |
| Cash at bank and in hand | 54/58 | €106,197 | €132,808 | +€26,612 | +25.1% |
| Deferred charges and accrued income | 490/1 | €40,865 | €36,087 | -€4,777 | -11.7% |
| Total equity and liabilities | 10/49 | €962,746 | €1,092,104 | +€129,358 | +13.4% |
| Equity | 10/15 | €67,911 | €67,951 | +€40 | +0.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €261 | €301 | +€40 | +15.1% |
| Amounts payable | 17/49 | €894,835 | €1,024,153 | +€129,318 | +14.5% |
| Amounts payable after more than one year | 17 | €67,056 | €104,163 | +€37,107 | +55.3% |
| Financial debts | 170/4 | €67,056 | €104,163 | +€37,107 | +55.3% |
| Amounts payable within one year | 42/48 | €822,898 | €912,764 | +€89,866 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €45,252 | €55,694 | +€10,442 | +23.1% |
| Financial debts | 43 | €193,441 | €267,471 | +€74,030 | +38.3% |
| Credit institutions | 430/8 | €193,441 | €267,471 | +€74,030 | +38.3% |
| Trade debts | 44 | €202,386 | €222,031 | +€19,645 | +9.7% |
| Suppliers | 440/4 | €202,386 | €222,031 | +€19,645 | +9.7% |
| Taxes, remuneration and social security | 45 | €346,784 | €325,614 | -€21,170 | -6.1% |
| Taxes | 450/3 | €109,595 | €74,376 | -€35,220 | -32.1% |
| Remuneration and social security | 454/9 | €237,189 | €251,238 | +€14,049 | +5.9% |
| Other amounts payable | 47/48 | €35,034 | €41,954 | +€6,920 | +19.8% |
| Accrued charges and deferred income | 492/3 | €4,881 | €7,226 | +€2,345 | +48.0% |
| Remuneration, social security and pensions | 62 | €1,221,105 | €1,156,846 | -€64,260 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,977 | €48,888 | -€15,088 | -23.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,864 | -€53,279 | -€78,143 | |
| Other operating charges | 640/8 | €13,757 | €52,405 | +€38,648 | +281% |
| Gross operating margin | 9900 | €1,407,780 | €1,325,088 | -€82,692 | -5.9% |
| Operating profit (loss) | 9901 | €84,077 | €120,228 | +€36,151 | +43.0% |
| Financial income | 75/76B | €21,325 | €11 | -€21,314 | -99.9% |
| Recurring financial income | 75 | €25 | €11 | -€14 | -55.3% |
| Non-recurring financial income | 76B | €21,300 | €0 | -€21,300 | -100% |
| Financial charges | 65/66B | €37,623 | €43,380 | +€5,757 | +15.3% |
| Recurring financial charges | 65 | €37,623 | €43,380 | +€5,757 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €67,779 | €76,859 | +€9,080 | +13.4% |
| Income taxes | 67/77 | €32,935 | €34,865 | +€1,930 | +5.9% |
| Profit (loss) for the period | 9904 | €34,844 | €41,994 | +€7,150 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,844 | €41,994 | +€7,150 | +20.5% |
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 23 October 2026 via checked.be.