TRIMATIC: 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
TRIMATIC
NACE 43.320, Joinery installation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€175,016
2024 · €152,822+€22,195
Equity
€652,920
2024 · €563,465+€89,455
Cash
€528,027
2024 · €425,226+€102,802
Balance sheet total
€777,391
2024 · €685,146+€92,245
Largest movements
Assets
- Cash +€102,802
up €102,802 (+24.2%), from €425,226 to €528,027
mainly Net result for the year (+€175,016) and Depreciation (+€48,706)
Equity and liabilities
- Reserves +€89,455
up €89,455 (+16.1%), from €557,165 to €646,620
- Tax, wage and social debts +€29,157
up €29,157 (+64.9%), from €44,922 to €74,079
of which Taxes: +€31,054
- Debts after one year -€16,466
down €16,466 (-63.3%), from €25,996 to €9,530
- Trade debts -€13,009
down €13,009 (-56.3%), from €23,106 to €10,097
Income statement
- Gross operating margin +€33,019
up €33,019 (+7.9%), from €418,630 to €451,649
- Taxes +€11,856
up €11,856 (+17.2%), from €68,744 to €80,600
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
€152,822
Gross operating margin
+€33,019
Staff costs
+€4,148
Depreciation
-€341
Other operating charges
-€1,070
Other operating items
-€46
Financial income
+€213
Financial charges
-€1,873
Taxes
-€11,856
Result 2025
€175,016
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
+€250,517
Investment
-€48,750
Financing
-€98,965
Cash 2024
€425,226
From operations (derived)
+€250,517
Net result for the year
+€175,016
Depreciation
+€48,706
Stocks and contracts
+€2,878
Receivables within one year
+€2,147
Deferred charges and accrued income
+€5,576
Trade debts
-€13,009
Tax, wage and social debts
+€29,157
Other debts
+€45
Investment (derived)
-€48,750
Investment in fixed assets (net)
-€48,750
Financing
-€98,965
Debts after one year
-€16,466
Current portion of long-term debt
+€3,062
Contributions, distributions and other
-€85,561
Cash 2025
€528,027
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €685,146 | €777,391 | +€92,245 | +13.5% |
| Fixed assets | 21/28 | €121,675 | €121,719 | +€44 | 0.0% |
| Tangible fixed assets | 22/27 | €118,740 | €118,944 | +€204 | +0.2% |
| Land and buildings | 22 | €12,712 | €15,415 | +€2,703 | +21.3% |
| Plant, machinery and equipment | 23 | €14,436 | €14,445 | +€9 | +0.1% |
| Furniture and vehicles | 24 | €51,490 | €61,428 | +€9,938 | +19.3% |
| Leasing and similar rights | 25 | €40,103 | €27,657 | -€12,446 | -31.0% |
| Financial fixed assets | 28 | €2,935 | €2,775 | -€160 | -5.5% |
| Current assets | 29/58 | €563,471 | €655,672 | +€92,201 | +16.4% |
| Stocks and contracts in progress | 3 | €33,289 | €30,411 | -€2,878 | -8.6% |
| Stocks | 30/36 | €33,289 | €30,411 | -€2,878 | -8.6% |
| Amounts receivable within one year | 40/41 | €90,121 | €87,973 | -€2,147 | -2.4% |
| Trade receivables | 40 | €83,215 | €85,659 | +€2,444 | +2.9% |
| Other amounts receivable | 41 | €6,906 | €2,314 | -€4,591 | -66.5% |
| Cash at bank and in hand | 54/58 | €425,226 | €528,027 | +€102,802 | +24.2% |
| Deferred charges and accrued income | 490/1 | €14,836 | €9,260 | -€5,576 | -37.6% |
| Total equity and liabilities | 10/49 | €685,146 | €777,391 | +€92,245 | +13.5% |
| Equity | 10/15 | €563,465 | €652,920 | +€89,455 | +15.9% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €557,165 | €646,620 | +€89,455 | +16.1% |
| Distributable reserves | 133 | €557,165 | €646,620 | +€89,455 | +16.1% |
| Amounts payable | 17/49 | €121,681 | €124,471 | +€2,790 | +2.3% |
| Amounts payable after more than one year | 17 | €25,996 | €9,530 | -€16,466 | -63.3% |
| Financial debts | 170/4 | €25,996 | €9,530 | -€16,466 | -63.3% |
| Amounts payable within one year | 42/48 | €95,685 | €114,941 | +€19,256 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €17,159 | €20,221 | +€3,062 | +17.8% |
| Trade debts | 44 | €23,106 | €10,097 | -€13,009 | -56.3% |
| Suppliers | 440/4 | €23,106 | €10,097 | -€13,009 | -56.3% |
| Taxes, remuneration and social security | 45 | €44,922 | €74,079 | +€29,157 | +64.9% |
| Taxes | 450/3 | €26,702 | €57,756 | +€31,054 | +116.3% |
| Remuneration and social security | 454/9 | €18,220 | €16,324 | -€1,896 | -10.4% |
| Other amounts payable | 47/48 | €10,499 | €10,544 | +€45 | +0.4% |
| Non-recurring operating income | 76A | - | €12,864 | +€12,864 | |
| Remuneration, social security and pensions | 62 | €143,847 | €139,699 | -€4,148 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,365 | €48,706 | +€341 | +0.7% |
| Other operating charges | 640/8 | €1,350 | €2,420 | +€1,070 | +79.3% |
| Non-recurring operating charges | 66A | €121 | €167 | +€46 | +37.7% |
| Gross operating margin | 9900 | €418,630 | €451,649 | +€33,019 | +7.9% |
| Operating profit (loss) | 9901 | €224,948 | €260,658 | +€35,710 | +15.9% |
| Financial income | 75/76B | €435 | €648 | +€213 | +49.1% |
| Recurring financial income | 75 | €435 | €648 | +€213 | +49.1% |
| Financial charges | 65/66B | €3,817 | €5,690 | +€1,873 | +49.1% |
| Recurring financial charges | 65 | €3,817 | €5,690 | +€1,873 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | €221,565 | €255,616 | +€34,051 | +15.4% |
| Income taxes | 67/77 | €68,744 | €80,600 | +€11,856 | +17.2% |
| Profit (loss) for the period | 9904 | €152,822 | €175,016 | +€22,195 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €152,822 | €175,016 | +€22,195 | +14.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.