TRILEUM: 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.
TRILEUM
Largest movements
- Tangible fixed assets +€342,644
up €342,644 (+145.8%), from €234,962 to €577,606
of which Land and buildings: +€342,841
- Receivables within one year -€113,445
down €113,445 (-9.9%), from €1.1m to €1.0m
of which Other amounts receivable: -€113,445
- Deferred charges and accrued income +€74,577
up €74,577 (+58.2%), from €128,181 to €202,759
- Debts after one year +€216,656
new in 2026: €216,656
- Gross operating margin +€44,049
up €44,049, from -€35,059 to €8,990
- Financial charges +€10,856
up €10,856 (+6827.8%), from €159 to €11,015
- Taxes +€6,913
up €6,913 (+52.2%), from €13,250 to €20,163
- Depreciation +€6,017
up €6,017 (+89.8%), from €6,701 to €12,718
- Financial income -€425
down €425 (-0.5%), from €92,946 to €92,521
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,611,709 | €6,918,348 | +€306,639 | +4.6% |
| Fixed assets | 21/28 | €5,334,962 | €5,677,606 | +€342,644 | +6.4% |
| Tangible fixed assets | 22/27 | €234,962 | €577,606 | +€342,644 | +145.8% |
| Land and buildings | 22 | €233,916 | €576,756 | +€342,841 | +146.6% |
| Furniture and vehicles | 24 | €1,046 | €850 | -€196 | -18.8% |
| Financial fixed assets | 28 | €5,100,000 | €5,100,000 | = | 0.0% |
| Current assets | 29/58 | €1,276,747 | €1,240,742 | -€36,005 | -2.8% |
| Amounts receivable within one year | 40/41 | €1,142,243 | €1,028,797 | -€113,445 | -9.9% |
| Trade receivables | 40 | €7,260 | €7,260 | = | 0.0% |
| Other amounts receivable | 41 | €1,134,983 | €1,021,537 | -€113,445 | -10.0% |
| Cash at bank and in hand | 54/58 | €6,323 | €9,185 | +€2,863 | +45.3% |
| Deferred charges and accrued income | 490/1 | €128,181 | €202,759 | +€74,577 | +58.2% |
| Total equity and liabilities | 10/49 | €6,611,709 | €6,918,348 | +€306,639 | +4.6% |
| Equity | 10/15 | €6,593,138 | €6,648,527 | +€55,389 | +0.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,965,900 | €1,965,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €1,963,900 | €1,963,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,607,239 | €4,662,627 | +€55,389 | +1.2% |
| Amounts payable | 17/49 | €18,570 | €269,821 | +€251,250 | +1353.0% |
| Amounts payable after more than one year | 17 | - | €216,656 | +€216,656 | |
| Financial debts | 170/4 | - | €216,656 | +€216,656 | |
| Amounts payable within one year | 42/48 | €18,570 | €53,164 | +€34,594 | +186.3% |
| Current portion of amounts payable after more than one year | 42 | - | €21,300 | +€21,300 | |
| Trade debts | 44 | €3,918 | €11,421 | +€7,503 | +191.5% |
| Suppliers | 440/4 | €3,918 | €11,421 | +€7,503 | +191.5% |
| Taxes, remuneration and social security | 45 | €14,124 | €20,443 | +€6,319 | +44.7% |
| Taxes | 450/3 | €14,124 | €20,443 | +€6,319 | +44.7% |
| Other amounts payable | 47/48 | €528 | - | -€528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,701 | €12,718 | +€6,017 | +89.8% |
| Other operating charges | 640/8 | €2,403 | €2,226 | -€177 | -7.4% |
| Gross operating margin | 9900 | -€35,059 | €8,990 | +€44,049 | |
| Operating profit (loss) | 9901 | -€44,163 | -€5,954 | +€38,209 | +86.5% |
| Financial income | 75/76B | €92,946 | €92,521 | -€425 | -0.5% |
| Recurring financial income | 75 | €92,946 | €92,521 | -€425 | -0.5% |
| Financial charges | 65/66B | €159 | €11,015 | +€10,856 | +6827.8% |
| Recurring financial charges | 65 | €159 | €11,015 | +€10,856 | +6827.8% |
| Profit (loss) for the period before taxes | 9903 | €48,624 | €75,552 | +€26,927 | +55.4% |
| Income taxes | 67/77 | €13,250 | €20,163 | +€6,913 | +52.2% |
| Profit (loss) for the period | 9904 | €35,374 | €55,389 | +€20,015 | +56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,374 | €55,389 | +€20,015 | +56.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.