Trikant: 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.
What changed
Trikant
NACE 85.691, Education
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€20,749
2024 · €85,860-€65,111
Equity
€2.5m
2024 · €2.5m-€11,825
Cash
€1.2m
2024 · €1.0m+€155,674
Balance sheet total
€2.8m
2024 · €2.9m-€47,413
Largest movements
Assets
- Cash +€155,674
up €155,674 (+15.4%), from €1.0m to €1.2m
mainly Depreciation (+€139,921) and Current investments (+€101,400)
- Current investments -€101,400
down €101,400 (-29.1%), from €348,124 to €246,724
- Tangible fixed assets -€85,226
down €85,226 (-6.7%), from €1.3m to €1.2m
of which Land and buildings: -€78,927
Equity and liabilities
- Trade debts -€35,335
down €35,335 (-13.3%), from €266,611 to €231,276
Income statement
- Gross operating margin -€71,241
down €71,241 (-17.6%), from €405,750 to €334,509
- Staff costs -€5,673
down €5,673 (-4.0%), from €142,865 to €137,192
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.
Result 2024
€85,860
Gross operating margin
-€71,241
Staff costs
+€5,673
Depreciation
+€1,971
Other operating charges
-€1,216
Other operating items
-€3,967
Financial income
+€2,752
Financial charges
+€917
Result 2025
€20,749
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€143,269
Investment
+€44,979
Financing
-€32,574
Cash 2024
€1.0m
From operations (derived)
+€143,269
Net result for the year
+€20,749
Depreciation
+€139,921
Receivables within one year
+€22,923
Deferred charges and accrued income
-€4,736
Trade debts
-€35,335
Tax, wage and social debts
+€1,635
Accrued charges and deferred income
-€1,888
Investment (derived)
+€44,979
Investment in fixed assets (net)
-€56,421
Current investments
+€101,400
Financing
-€32,574
Contributions, distributions and other
-€32,574
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,877,432 | €2,830,019 | -€47,413 | -1.6% |
| Fixed assets | 21/28 | €1,270,247 | €1,186,747 | -€83,500 | -6.6% |
| Intangible fixed assets | 21 | €1,613 | €3,339 | +€1,726 | +107% |
| Tangible fixed assets | 22/27 | €1,268,224 | €1,182,998 | -€85,226 | -6.7% |
| Land and buildings | 22 | €1,114,169 | €1,035,242 | -€78,927 | -7.1% |
| Plant, machinery and equipment | 23 | €115,131 | €104,845 | -€10,286 | -8.9% |
| Furniture and vehicles | 24 | €38,924 | €32,305 | -€6,619 | -17.0% |
| Assets under construction and advance payments | 27 | - | €10,606 | +€10,606 | |
| Financial fixed assets | 28 | €410 | €410 | = | 0.0% |
| Current assets | 29/58 | €1,607,185 | €1,643,272 | +€36,087 | +2.2% |
| Amounts receivable within one year | 40/41 | €233,586 | €210,663 | -€22,923 | -9.8% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €233,586 | €210,663 | -€22,923 | -9.8% |
| Current investments | 50/53 | €348,124 | €246,724 | -€101,400 | -29.1% |
| Cash at bank and in hand | 54/58 | €1,008,232 | €1,163,906 | +€155,674 | +15.4% |
| Deferred charges and accrued income | 490/1 | €17,243 | €21,979 | +€4,736 | +27.5% |
| Total equity and liabilities | 10/49 | €2,877,432 | €2,830,019 | -€47,413 | -1.6% |
| Equity | 10/15 | €2,533,184 | €2,521,359 | -€11,825 | -0.5% |
| Contributions | 10/11 | €853,363 | €853,364 | +€1 | 0.0% |
| Capital | 10 | €853,363 | €853,364 | +€1 | 0.0% |
| Profit (loss) carried forward | 14 | €1,118,458 | €1,118,458 | = | 0.0% |
| Investment grants | 15 | €561,363 | €549,537 | -€11,826 | -2.1% |
| Amounts payable | 17/49 | €344,248 | €308,660 | -€35,588 | -10.3% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Other amounts payable | 178/9 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €270,961 | €237,261 | -€33,700 | -12.4% |
| Trade debts | 44 | €266,611 | €231,276 | -€35,335 | -13.3% |
| Suppliers | 440/4 | €266,611 | €231,276 | -€35,335 | -13.3% |
| Taxes, remuneration and social security | 45 | €4,350 | €5,985 | +€1,635 | +37.6% |
| Taxes | 450/3 | €1,443 | €2,872 | +€1,429 | +99.0% |
| Remuneration and social security | 454/9 | €2,907 | €3,113 | +€206 | +7.1% |
| Accrued charges and deferred income | 492/3 | €73,287 | €71,399 | -€1,888 | -2.6% |
| Remuneration, social security and pensions | 62 | €142,865 | €137,192 | -€5,673 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,892 | €139,921 | -€1,971 | -1.4% |
| Other operating charges | 640/8 | €4,132 | €5,348 | +€1,216 | +29.4% |
| Non-recurring operating charges | 66A | €37,048 | €41,015 | +€3,967 | +10.7% |
| Gross operating margin | 9900 | €405,750 | €334,509 | -€71,241 | -17.6% |
| Operating profit (loss) | 9901 | €79,813 | €11,033 | -€68,780 | -86.2% |
| Financial income | 75/76B | €7,974 | €10,726 | +€2,752 | +34.5% |
| Recurring financial income | 75 | €7,974 | €10,726 | +€2,752 | +34.5% |
| Financial charges | 65/66B | €1,927 | €1,010 | -€917 | -47.6% |
| Recurring financial charges | 65 | €1,927 | €1,010 | -€917 | -47.6% |
| Non-recurring financial charges | 66B | €0 | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €85,860 | €20,749 | -€65,111 | -75.8% |
| Profit (loss) for the period | 9904 | €85,860 | €20,749 | -€65,111 | -75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €85,860 | €20,749 | -€65,111 | -75.8% |
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 26 October 2026 via checked.be.