TRINAT: what changed
TRINAT
Largest movements
- Cash +€3,971
up €3,971 (+4.8%), from €83,112 to €87,083
mainly Net result for the year (+€7,813) and Depreciation (+€1,742)
- Tangible fixed assets +€2,143
up €2,143 (+61.9%), from €3,464 to €5,608
of which Furniture and vehicles: +€1,620
- Reserves +€7,813
up €7,813 (+6.8%), from €114,819 to €122,632
of which Distributable reserves: +€7,813
- Tax, wage and social debts -€3,183
down €3,183 (-13.5%), from €23,634 to €20,451
of which Taxes: -€5,833
- Gross operating margin -€26,994
down €26,994 (-64.7%), from €41,726 to €14,731
- Taxes -€9,549
down €9,549 (-71.9%), from €13,273 to €3,724
- Other operating charges -€927
down €927 (-41.1%), from €2,256 to €1,329
- Depreciation -€910
down €910 (-34.3%), from €2,652 to €1,742
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 | €152,209 | €156,932 | +€4,723 | +3.1% |
| Fixed assets | 21/28 | €3,464 | €5,608 | +€2,143 | +61.9% |
| Tangible fixed assets | 22/27 | €3,464 | €5,608 | +€2,143 | +61.9% |
| Plant, machinery and equipment | 23 | €2,511 | €3,034 | +€523 | +20.8% |
| Furniture and vehicles | 24 | €954 | €2,574 | +€1,620 | +170% |
| Current assets | 29/58 | €148,744 | €151,324 | +€2,580 | +1.7% |
| Amounts receivable within one year | 40/41 | €64,772 | €63,784 | -€988 | -1.5% |
| Trade receivables | 40 | €43,734 | €28,770 | -€14,964 | -34.2% |
| Other amounts receivable | 41 | €21,038 | €35,013 | +€13,976 | +66.4% |
| Cash at bank and in hand | 54/58 | €83,112 | €87,083 | +€3,971 | +4.8% |
| Deferred charges and accrued income | 490/1 | €860 | €457 | -€403 | -46.8% |
| Total equity and liabilities | 10/49 | €152,209 | €156,932 | +€4,723 | +3.1% |
| Equity | 10/15 | €127,219 | €135,032 | +€7,813 | +6.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €114,819 | €122,632 | +€7,813 | +6.8% |
| Tax-exempt reserves | 132 | €2,434 | €2,434 | = | 0.0% |
| Distributable reserves | 133 | €112,385 | €120,198 | +€7,813 | +7.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €24,990 | €21,900 | -€3,090 | -12.4% |
| Amounts payable within one year | 42/48 | €23,634 | €20,951 | -€2,683 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | - | €500 | +€500 | |
| Suppliers | 440/4 | - | €500 | +€500 | |
| Taxes, remuneration and social security | 45 | €23,634 | €20,451 | -€3,183 | -13.5% |
| Taxes | 450/3 | €23,634 | €17,801 | -€5,833 | -24.7% |
| Remuneration and social security | 454/9 | - | €2,650 | +€2,650 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,355 | €949 | -€406 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,652 | €1,742 | -€910 | -34.3% |
| Other operating charges | 640/8 | €2,256 | €1,329 | -€927 | -41.1% |
| Gross operating margin | 9900 | €41,726 | €14,731 | -€26,994 | -64.7% |
| Operating profit (loss) | 9901 | €36,817 | €11,660 | -€25,157 | -68.3% |
| Financial income | 75/76B | €37 | €0 | -€37 | -100% |
| Recurring financial income | 75 | €37 | €0 | -€37 | -100% |
| Financial charges | 65/66B | €91 | €123 | +€32 | +35.4% |
| Recurring financial charges | 65 | €91 | €123 | +€32 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | €36,764 | €11,537 | -€25,227 | -68.6% |
| Income taxes | 67/77 | €13,273 | €3,724 | -€9,549 | -71.9% |
| Profit (loss) for the period | 9904 | €23,491 | €7,813 | -€15,678 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,491 | €7,813 | -€15,678 | -66.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.