Trillium Estate: what changed
Trillium Estate
Largest movements
- Tangible fixed assets -€26,018
down €26,018 (-3.4%), from €770,719 to €744,701
of which Land and buildings: -€14,395
- Receivables within one year -€17,110
down €17,110 (-61.2%), from €27,948 to €10,838
of which Other amounts receivable: -€21,651
- Cash +€14,881
up €14,881 (+27.5%), from €54,103 to €68,984
mainly Net result for the year (+€48,883) and Depreciation (+€28,656)
- Reserves +€33,883
up €33,883 (+17.9%), from €189,377 to €223,260
- Debts after one year -€33,076
down €33,076 (-5.6%), from €586,497 to €553,421
- Other debts -€16,985
down €16,985 (-100%), from €16,985 to €0
- Tax, wage and social debts -€9,086
down €9,086 (-57.6%), from €15,776 to €6,689
of which Taxes: -€5,631
- Depreciation -€82,126
down €82,126 (-74.1%), from €110,782 to €28,656
- Taxes +€16,928
up €16,928 (+747%), from €2,265 to €19,193
- Financial charges +€13,682
up €13,682 (+119%), from €11,532 to €25,214
- Gross operating margin -€3,419
down €3,419 (-2.6%), from €131,064 to €127,645
- Other operating charges -€2,870
down €2,870 (-60.5%), from €4,741 to €1,871
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €857,522 | €828,088 | -€29,433 | -3.4% |
| Fixed assets | 21/28 | €771,197 | €744,701 | -€26,496 | -3.4% |
| Intangible fixed assets | 21 | €478 | €0 | -€478 | -100% |
| Tangible fixed assets | 22/27 | €770,719 | €744,701 | -€26,018 | -3.4% |
| Land and buildings | 22 | €741,001 | €726,606 | -€14,395 | -1.9% |
| Plant, machinery and equipment | 23 | €1,238 | €787 | -€451 | -36.4% |
| Furniture and vehicles | 24 | €24,640 | €17,308 | -€7,332 | -29.8% |
| Other tangible fixed assets | 26 | €3,840 | €0 | -€3,840 | -100% |
| Current assets | 29/58 | €86,324 | €83,387 | -€2,937 | -3.4% |
| Amounts receivable within one year | 40/41 | €27,948 | €10,838 | -€17,110 | -61.2% |
| Trade receivables | 40 | €3,971 | €8,512 | +€4,541 | +114% |
| Other amounts receivable | 41 | €23,977 | €2,326 | -€21,651 | -90.3% |
| Cash at bank and in hand | 54/58 | €54,103 | €68,984 | +€14,881 | +27.5% |
| Deferred charges and accrued income | 490/1 | €4,273 | €3,566 | -€707 | -16.6% |
| Total equity and liabilities | 10/49 | €857,522 | €828,088 | -€29,433 | -3.4% |
| Equity | 10/15 | €190,377 | €224,260 | +€33,883 | +17.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €189,377 | €223,260 | +€33,883 | +17.9% |
| Distributable reserves | 133 | €189,377 | €223,260 | +€33,883 | +17.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €667,144 | €603,828 | -€63,316 | -9.5% |
| Amounts payable after more than one year | 17 | €586,497 | €553,421 | -€33,076 | -5.6% |
| Financial debts | 170/4 | €586,497 | €553,421 | -€33,076 | -5.6% |
| Amounts payable within one year | 42/48 | €79,548 | €47,789 | -€31,758 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €38,137 | €33,076 | -€5,060 | -13.3% |
| Trade debts | 44 | €8,650 | €8,024 | -€626 | -7.2% |
| Suppliers | 440/4 | €8,650 | €8,024 | -€626 | -7.2% |
| Taxes, remuneration and social security | 45 | €15,776 | €6,689 | -€9,086 | -57.6% |
| Taxes | 450/3 | €12,320 | €6,689 | -€5,631 | -45.7% |
| Remuneration and social security | 454/9 | €3,456 | €0 | -€3,456 | -100% |
| Other amounts payable | 47/48 | €16,985 | €0 | -€16,985 | -100% |
| Accrued charges and deferred income | 492/3 | €1,099 | €2,618 | +€1,518 | +138% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,782 | €28,656 | -€82,126 | -74.1% |
| Other operating charges | 640/8 | €4,741 | €1,871 | -€2,870 | -60.5% |
| Non-recurring operating charges | 66A | - | €3,840 | +€3,840 | |
| Gross operating margin | 9900 | €131,064 | €127,645 | -€3,419 | -2.6% |
| Operating profit (loss) | 9901 | €15,540 | €93,278 | +€77,737 | +500% |
| Financial income | 75/76B | €1,658 | €12 | -€1,645 | -99.3% |
| Recurring financial income | 75 | €1,658 | €12 | -€1,645 | -99.3% |
| Financial charges | 65/66B | €11,532 | €25,214 | +€13,682 | +119% |
| Recurring financial charges | 65 | €11,532 | €25,214 | +€13,682 | +119% |
| Profit (loss) for the period before taxes | 9903 | €5,666 | €68,076 | +€62,410 | +1,102% |
| Income taxes | 67/77 | €2,265 | €19,193 | +€16,928 | +747% |
| Profit (loss) for the period | 9904 | €3,401 | €48,883 | +€45,482 | +1,337% |
| Profit (loss) for the period to be appropriated | 9905 | €3,401 | €48,883 | +€45,482 | +1,337% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.