TRILATIONS: 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.
What changed
TRILATIONS
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€665,756
2024 · -€2.6m+€3.3m
Equity
€5.2m
2024 · €4.5m+€665,756
Cash
€1.8m
2024 · €1.3m+€515,402
Balance sheet total
€8.1m
2024 · €7.0m+€1.1m
Largest movements
Assets
- Receivables within one year +€679,623
up €679,623 (+18.4%), from €3.7m to €4.4m
of which Trade receivables: +€601,936
- Cash +€515,402
up €515,402 (+39.1%), from €1.3m to €1.8m
mainly Net result for the year (+€665,756) and Trade debts (+€484,479)
Equity and liabilities
- Profit (loss) carried forward +€665,756
up €665,756 (+17.5%), from €3.8m to €4.5m
- Trade debts +€484,479
up €484,479 (+42.3%), from €1.1m to €1.6m
- Tax, wage and social debts -€169,748
down €169,748 (-19.7%), from €859,945 to €690,197
of which Remuneration and social security: -€162,645
Income statement
- Staff costs -€1.9m
down €1.9m (-28.1%), from €6.7m to €4.8m
- Turnover +€1.1m
up €1.1m (+6.0%), from €18.3m to €19.4m
- Services and other goods -€659,437
down €659,437 (-23.2%), from €2.8m to €2.2m
- Other operating income -€200,865
down €200,865 (-47.7%), from €420,779 to €219,914
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
-€2.6m
Turnover
+€1.1m
Other operating income
-€200,865
Goods and materials
-€182,179
Services and other goods
+€659,437
Staff costs
+€1.9m
Depreciation
+€29,782
Provisions
+€12,057
Other operating charges
+€13,397
Financial income
+€74,581
Financial charges
-€98,824
Taxes
+€3,372
Result 2025
€665,756
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.
From operations
+€494,089
Investment
-€52,080
Financing
+€73,394
Cash 2024
€1.3m
From operations (derived)
+€494,089
Net result for the year
+€665,756
Depreciation
+€156,310
Receivables within one year
-€679,623
Deferred charges and accrued income
-€14,737
Provisions
+€49,473
Trade debts
+€484,479
Tax, wage and social debts
-€169,748
Accrued charges and deferred income
+€2,179
Investment (derived)
-€52,080
Investment in fixed assets (net)
-€2,583
Current investments
-€49,498
Financing
+€73,394
Short-term financial debts
+€73,394
Cash 2025
€1.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,031,064 | €8,136,597 | +€1.1m | +15.7% |
| Fixed assets | 21/28 | €1,175,463 | €1,021,736 | -€153,727 | -13.1% |
| Intangible fixed assets | 21 | €297,166 | €216,055 | -€81,111 | -27.3% |
| Tangible fixed assets | 22/27 | €204,118 | €131,503 | -€72,615 | -35.6% |
| Plant, machinery and equipment | 23 | €25,299 | €7,123 | -€18,176 | -71.8% |
| Furniture and vehicles | 24 | €70,869 | €37,171 | -€33,698 | -47.5% |
| Other tangible fixed assets | 26 | €107,951 | €87,209 | -€20,742 | -19.2% |
| Financial fixed assets | 28 | €674,178 | €674,178 | = | 0.0% |
| Affiliated companies | 280/1 | €674,078 | €674,078 | = | 0.0% |
| Participating interests | 280 | €174,078 | €174,078 | = | 0.0% |
| Amounts receivable | 281 | €500,000 | €500,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €100 | €100 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €5,855,601 | €7,114,861 | +€1.3m | +21.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,702,711 | €4,382,334 | +€679,623 | +18.4% |
| Trade receivables | 40 | €3,528,987 | €4,130,924 | +€601,936 | +17.1% |
| Other amounts receivable | 41 | €173,723 | €251,410 | +€77,687 | +44.7% |
| Current investments | 50/53 | €675,374 | €724,872 | +€49,498 | +7.3% |
| Own shares | 50 | €191,675 | €191,675 | = | 0.0% |
| Other investments | 51/53 | €483,699 | €533,197 | +€49,498 | +10.2% |
| Cash at bank and in hand | 54/58 | €1,317,704 | €1,833,107 | +€515,402 | +39.1% |
| Deferred charges and accrued income | 490/1 | €159,811 | €174,548 | +€14,737 | +9.2% |
| Total equity and liabilities | 10/49 | €7,031,064 | €8,136,597 | +€1.1m | +15.7% |
| Equity | 10/15 | €4,542,111 | €5,207,867 | +€665,756 | +14.7% |
| Contributions | 10/11 | €434,000 | €434,000 | = | 0.0% |
| Capital | 10 | €434,000 | €434,000 | = | 0.0% |
| Issued capital | 100 | €434,000 | €434,000 | = | 0.0% |
| Reserves | 13 | €293,400 | €293,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €235,075 | €235,075 | = | 0.0% |
| Legal reserve | 130 | €43,400 | €43,400 | = | 0.0% |
| Own shares acquired | 1312 | €191,675 | €191,675 | = | 0.0% |
| Distributable reserves | 133 | €58,325 | €58,325 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,814,711 | €4,480,467 | +€665,756 | +17.5% |
| Provisions and deferred taxes | 16 | €483,433 | €532,906 | +€49,473 | +10.2% |
| Provisions for liabilities and charges | 160/5 | €483,433 | €532,906 | +€49,473 | +10.2% |
| Other liabilities and charges | 164/5 | €483,433 | €532,906 | +€49,473 | +10.2% |
| Amounts payable | 17/49 | €2,005,520 | €2,395,824 | +€390,304 | +19.5% |
| Amounts payable within one year | 42/48 | €2,005,520 | €2,393,645 | +€388,125 | +19.4% |
| Financial debts | 43 | - | €73,394 | +€73,394 | |
| Credit institutions | 430/8 | - | €73,394 | +€73,394 | |
| Trade debts | 44 | €1,145,576 | €1,630,055 | +€484,479 | +42.3% |
| Suppliers | 440/4 | €1,145,576 | €1,630,055 | +€484,479 | +42.3% |
| Taxes, remuneration and social security | 45 | €859,945 | €690,197 | -€169,748 | -19.7% |
| Taxes | 450/3 | €52,452 | €45,349 | -€7,103 | -13.5% |
| Remuneration and social security | 454/9 | €807,493 | €644,848 | -€162,645 | -20.1% |
| Accrued charges and deferred income | 492/3 | €0 | €2,179 | +€2,179 | |
| Operating income | 70/76A | €18,707,616 | €19,603,620 | +€896,004 | +4.8% |
| Turnover | 70 | €18,286,837 | €19,383,706 | +€1.1m | +6.0% |
| Other operating income | 74 | €420,779 | €219,914 | -€200,865 | -47.7% |
| Operating charges | 60/66A | €21,272,403 | €18,854,223 | -€2.4m | -11.4% |
| Goods for resale, raw materials and consumables | 60 | €11,437,219 | €11,619,399 | +€182,179 | +1.6% |
| Purchases | 600/8 | €11,437,219 | €11,619,399 | +€182,179 | +1.6% |
| Services and other goods | 61 | €2,837,382 | €2,177,945 | -€659,437 | -23.2% |
| Remuneration, social security and pensions | 62 | €6,705,911 | €4,820,225 | -€1.9m | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,092 | €156,310 | -€29,782 | -16.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €61,531 | €49,473 | -€12,057 | -19.6% |
| Other operating charges | 640/8 | €44,268 | €30,871 | -€13,397 | -30.3% |
| Operating profit (loss) | 9901 | -€2,564,787 | €749,397 | +€3.3m | |
| Financial income | 75/76B | €178,803 | €253,384 | +€74,581 | +41.7% |
| Recurring financial income | 75 | €178,803 | €253,384 | +€74,581 | +41.7% |
| Income from current assets | 751 | €81,198 | €46,236 | -€34,962 | -43.1% |
| Other financial income | 752/9 | €97,605 | €207,148 | +€109,543 | +112.2% |
| Financial charges | 65/66B | €229,523 | €328,348 | +€98,824 | +43.1% |
| Recurring financial charges | 65 | €229,523 | €328,348 | +€98,824 | +43.1% |
| Debt charges | 650 | €79,115 | €66,869 | -€12,245 | -15.5% |
| Other financial charges | 652/9 | €150,408 | €261,478 | +€111,070 | +73.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,615,508 | €674,433 | +€3.3m | |
| Income taxes | 67/77 | €12,048 | €8,677 | -€3,372 | -28.0% |
| Taxes | 670/3 | €12,048 | €8,677 | -€3,372 | -28.0% |
| Profit (loss) for the period | 9904 | -€2,627,556 | €665,756 | +€3.3m | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,627,556 | €665,756 | +€3.3m |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.