TRILANDS: 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.
TRILANDS
Largest movements
- Cash +€154,706
up €154,706 (+139%), from €111,053 to €265,759
mainly Receivables within one year (+€88,166) and Stocks and contracts (+€40,453)
- Receivables within one year -€88,166
down €88,166 (-80.1%), from €110,058 to €21,892
of which Trade receivables: -€62,782
- Stocks and contracts -€40,453
down €40,453 (-58.0%), from €69,728 to €29,276
- Tangible fixed assets -€3,821
down €3,821 (-9.7%), from €39,195 to €35,373
of which Land and buildings: -€2,277
- Tax, wage and social debts +€18,211
up €18,211 (+2,541%), from €717 to €18,927
- Reserves +€13,804
up €13,804 (+18.3%), from €75,409 to €89,213
of which Distributable reserves: +€13,804
- Trade debts -€10,186
down €10,186 (-9.4%), from €108,775 to €98,590
- Taxes +€11,287
up €11,287 (+150%), from €7,518 to €18,805
- Gross operating margin +€4,964
up €4,964 (+14.2%), from €34,861 to €39,825
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 | €332,662 | €354,701 | +€22,039 | +6.6% |
| Fixed assets | 21/28 | €39,525 | €35,704 | -€3,821 | -9.7% |
| Tangible fixed assets | 22/27 | €39,195 | €35,373 | -€3,821 | -9.7% |
| Land and buildings | 22 | €35,206 | €32,929 | -€2,277 | -6.5% |
| Plant, machinery and equipment | 23 | €3,989 | €2,445 | -€1,544 | -38.7% |
| Financial fixed assets | 28 | €331 | €331 | = | 0.0% |
| Current assets | 29/58 | €293,136 | €318,997 | +€25,861 | +8.8% |
| Stocks and contracts in progress | 3 | €69,728 | €29,276 | -€40,453 | -58.0% |
| Stocks | 30/36 | €69,728 | €29,276 | -€40,453 | -58.0% |
| Amounts receivable within one year | 40/41 | €110,058 | €21,892 | -€88,166 | -80.1% |
| Trade receivables | 40 | €72,473 | €9,691 | -€62,782 | -86.6% |
| Other amounts receivable | 41 | €37,586 | €12,201 | -€25,384 | -67.5% |
| Cash at bank and in hand | 54/58 | €111,053 | €265,759 | +€154,706 | +139% |
| Deferred charges and accrued income | 490/1 | €2,296 | €2,070 | -€226 | -9.9% |
| Total equity and liabilities | 10/49 | €332,662 | €354,701 | +€22,039 | +6.6% |
| Equity | 10/15 | €174,409 | €188,213 | +€13,804 | +7.9% |
| Contributions | 10/11 | €99,000 | €99,000 | = | 0.0% |
| Reserves | 13 | €75,409 | €89,213 | +€13,804 | +18.3% |
| Non-distributable reserves | 130/1 | €9,900 | €9,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,900 | €9,900 | = | 0.0% |
| Distributable reserves | 133 | €65,509 | €79,313 | +€13,804 | +21.1% |
| Amounts payable | 17/49 | €158,252 | €166,488 | +€8,236 | +5.2% |
| Amounts payable after more than one year | 17 | €2,479 | €2,479 | = | 0.0% |
| Other amounts payable | 178/9 | €2,479 | €2,479 | = | 0.0% |
| Amounts payable within one year | 42/48 | €155,773 | €164,009 | +€8,236 | +5.3% |
| Trade debts | 44 | €108,775 | €98,590 | -€10,186 | -9.4% |
| Suppliers | 440/4 | €108,775 | €98,590 | -€10,186 | -9.4% |
| Advances received on contracts in progress | 46 | €263 | €473 | +€211 | +80.1% |
| Taxes, remuneration and social security | 45 | €717 | €18,927 | +€18,211 | +2,541% |
| Taxes | 450/3 | €717 | €18,927 | +€18,211 | +2,541% |
| Other amounts payable | 47/48 | €46,019 | €46,019 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,821 | €3,821 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,118 | €3,208 | +€90 | +2.9% |
| Gross operating margin | 9900 | €34,861 | €39,825 | +€4,964 | +14.2% |
| Operating profit (loss) | 9901 | €27,921 | €32,796 | +€4,875 | +17.5% |
| Financial income | 75/76B | €27 | €0 | -€27 | -99.9% |
| Recurring financial income | 75 | €27 | €0 | -€27 | -99.9% |
| Financial charges | 65/66B | €168 | €187 | +€19 | +11.2% |
| Recurring financial charges | 65 | €168 | €187 | +€19 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €27,780 | €32,609 | +€4,828 | +17.4% |
| Income taxes | 67/77 | €7,518 | €18,805 | +€11,287 | +150% |
| Profit (loss) for the period | 9904 | €20,263 | €13,804 | -€6,459 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,263 | €13,804 | -€6,459 | -31.9% |
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 17 October 2026 via checked.be.