TRIGRS: 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.
TRIGRS
Largest movements
- Tangible fixed assets -€8,911
down €8,911 (-77.3%), from €11,523 to €2,612
- Cash +€5,427
up €5,427 (+39.5%), from €13,740 to €19,167
mainly Net result for the year (+€9,470) and Investment in fixed assets (net) (+€5,037)
- Receivables within one year +€5,039
up €5,039 (+16.8%), from €30,050 to €35,090
of which Other amounts receivable: +€15,294
- Reserves +€4,470
up €4,470 (+8.9%), from €49,995 to €54,465
- Tax, wage and social debts -€1,771
down €1,771 (-30.3%), from €5,848 to €4,076
- Trade debts -€835
down €835 (-31.0%), from €2,693 to €1,858
- Gross operating margin -€12,529
down €12,529 (-36.3%), from €34,513 to €21,984
- Taxes -€3,217
down €3,217 (-45.4%), from €7,084 to €3,867
- Financial charges +€592
up €592 (+42.0%), from €1,410 to €2,003
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 | €60,606 | €62,399 | +€1,793 | +3.0% |
| Fixed assets | 21/28 | €11,523 | €2,812 | -€8,711 | -75.6% |
| Tangible fixed assets | 22/27 | €11,523 | €2,612 | -€8,911 | -77.3% |
| Furniture and vehicles | 24 | €11,523 | €2,612 | -€8,911 | -77.3% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €49,083 | €59,587 | +€10,505 | +21.4% |
| Amounts receivable within one year | 40/41 | €30,050 | €35,090 | +€5,039 | +16.8% |
| Trade receivables | 40 | €29,645 | €19,390 | -€10,255 | -34.6% |
| Other amounts receivable | 41 | €405 | €15,699 | +€15,294 | +3773.5% |
| Cash at bank and in hand | 54/58 | €13,740 | €19,167 | +€5,427 | +39.5% |
| Deferred charges and accrued income | 490/1 | €5,292 | €5,330 | +€38 | +0.7% |
| Total equity and liabilities | 10/49 | €60,606 | €62,399 | +€1,793 | +3.0% |
| Equity | 10/15 | €51,995 | €56,465 | +€4,470 | +8.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €49,995 | €54,465 | +€4,470 | +8.9% |
| Distributable reserves | 133 | €49,995 | €54,465 | +€4,470 | +8.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,610 | €5,934 | -€2,676 | -31.1% |
| Amounts payable within one year | 42/48 | €8,610 | €5,934 | -€2,676 | -31.1% |
| Financial debts | 43 | €70 | €0 | -€70 | -100.0% |
| Other loans | 439 | €70 | €0 | -€70 | -100.0% |
| Trade debts | 44 | €2,693 | €1,858 | -€835 | -31.0% |
| Suppliers | 440/4 | €2,693 | €1,858 | -€835 | -31.0% |
| Taxes, remuneration and social security | 45 | €5,848 | €4,076 | -€1,771 | -30.3% |
| Taxes | 450/3 | €5,848 | €4,076 | -€1,771 | -30.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,847 | €3,674 | -€174 | -4.5% |
| Other operating charges | 640/8 | €180 | €234 | +€55 | +30.4% |
| Non-recurring operating charges | 66A | - | €2,737 | +€2,737 | |
| Gross operating margin | 9900 | €34,513 | €21,984 | -€12,529 | -36.3% |
| Operating profit (loss) | 9901 | €30,486 | €15,339 | -€15,147 | -49.7% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €1,410 | €2,003 | +€592 | +42.0% |
| Recurring financial charges | 65 | €1,410 | €2,003 | +€592 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | €29,079 | €13,337 | -€15,742 | -54.1% |
| Income taxes | 67/77 | €7,084 | €3,867 | -€3,217 | -45.4% |
| Profit (loss) for the period | 9904 | €21,995 | €9,470 | -€12,525 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,995 | €9,470 | -€12,525 | -56.9% |
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 28 September 2026 via checked.be.