TRIJAC: 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.
TRIJAC
Largest movements
- Deferred charges and accrued income +€3,549
up €3,549 (+103.4%), from €3,432 to €6,981
- Stocks and contracts +€3,518
up €3,518 (+46.9%), from €7,505 to €11,024
- Tangible fixed assets -€3,116
down €3,116 (-32.3%), from €9,651 to €6,535
of which Plant, machinery and equipment: -€2,745
- Cash -€669
down €669 (-2.6%), from €25,407 to €24,737
mainly Net result for the year (-€8,723) and Deferred charges and accrued income (-€3,549)
- Trade debts +€8,960
up €8,960 (+110.9%), from €8,080 to €17,040
- Profit (loss) carried forward -€8,723
down €8,723, from €1,168 to -€7,556
- Tax, wage and social debts +€2,447
up €2,447 (+13.3%), from €18,451 to €20,898
of which Remuneration and social security: +€2,550
- Accrued charges and deferred income +€530
up €530 (+81.7%), from €649 to €1,179
- Staff costs +€15,460
up €15,460 (+25.5%), from €60,538 to €75,998
- Gross operating margin +€8,197
up €8,197 (+12.0%), from €68,235 to €76,432
- Depreciation +€1,454
up €1,454 (+69.1%), from €2,102 to €3,556
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 | €48,236 | €51,443 | +€3,206 | +6.6% |
| Fixed assets | 21/28 | €9,726 | €6,610 | -€3,116 | -32.0% |
| Tangible fixed assets | 22/27 | €9,651 | €6,535 | -€3,116 | -32.3% |
| Plant, machinery and equipment | 23 | €8,072 | €5,327 | -€2,745 | -34.0% |
| Furniture and vehicles | 24 | €1,578 | €1,208 | -€371 | -23.5% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €38,511 | €44,833 | +€6,322 | +16.4% |
| Stocks and contracts in progress | 3 | €7,505 | €11,024 | +€3,518 | +46.9% |
| Stocks | 30/36 | €7,505 | €11,024 | +€3,518 | +46.9% |
| Amounts receivable within one year | 40/41 | €2,167 | €2,091 | -€75 | -3.5% |
| Trade receivables | 40 | €1,345 | €850 | -€495 | -36.8% |
| Other amounts receivable | 41 | €822 | €1,241 | +€419 | +51.0% |
| Cash at bank and in hand | 54/58 | €25,407 | €24,737 | -€669 | -2.6% |
| Deferred charges and accrued income | 490/1 | €3,432 | €6,981 | +€3,549 | +103.4% |
| Total equity and liabilities | 10/49 | €48,236 | €51,443 | +€3,206 | +6.6% |
| Equity | 10/15 | €20,749 | €12,026 | -€8,723 | -42.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €982 | €982 | = | 0.0% |
| Non-distributable reserves | 130/1 | €982 | €982 | = | 0.0% |
| Reserves not available under the articles | 1311 | €982 | €982 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,168 | -€7,556 | -€8,723 | |
| Amounts payable | 17/49 | €27,487 | €39,417 | +€11,930 | +43.4% |
| Amounts payable within one year | 42/48 | €26,838 | €38,238 | +€11,399 | +42.5% |
| Trade debts | 44 | €8,080 | €17,040 | +€8,960 | +110.9% |
| Suppliers | 440/4 | €8,080 | €17,040 | +€8,960 | +110.9% |
| Taxes, remuneration and social security | 45 | €18,451 | €20,898 | +€2,447 | +13.3% |
| Taxes | 450/3 | €5,220 | €5,116 | -€103 | -2.0% |
| Remuneration and social security | 454/9 | €13,232 | €15,782 | +€2,550 | +19.3% |
| Other amounts payable | 47/48 | €307 | €299 | -€7 | -2.3% |
| Accrued charges and deferred income | 492/3 | €649 | €1,179 | +€530 | +81.7% |
| Remuneration, social security and pensions | 62 | €60,538 | €75,998 | +€15,460 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,102 | €3,556 | +€1,454 | +69.1% |
| Other operating charges | 640/8 | €2,996 | €3,196 | +€200 | +6.7% |
| Non-recurring operating charges | 66A | - | €138 | +€138 | |
| Gross operating margin | 9900 | €68,235 | €76,432 | +€8,197 | +12.0% |
| Operating profit (loss) | 9901 | €2,599 | -€6,456 | -€9,055 | |
| Financial income | 75/76B | €118 | €84 | -€35 | -29.1% |
| Recurring financial income | 75 | €118 | €84 | -€35 | -29.1% |
| Financial charges | 65/66B | €1,739 | €2,351 | +€613 | +35.2% |
| Recurring financial charges | 65 | €1,739 | €2,351 | +€613 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €979 | -€8,723 | -€9,702 | |
| Profit (loss) for the period | 9904 | €979 | -€8,723 | -€9,702 | |
| Profit (loss) for the period to be appropriated | 9905 | €979 | -€8,723 | -€9,702 |
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 8 October 2026 via checked.be.