TRINCH: 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.
TRINCH
Largest movements
- Cash +€77,679
up €77,679 (+158.1%), from €49,134 to €126,813
mainly Receivables within one year (+€55,763) and Net result for the year (+€20,201)
- Receivables within one year -€55,763
down €55,763 (-21.7%), from €256,962 to €201,199
of which Other amounts receivable: -€33,070
- Tangible fixed assets -€14,976
down €14,976 (-12.9%), from €115,926 to €100,950
of which Land and buildings: -€13,982
- Reserves +€20,201
up €20,201 (+6.0%), from €339,281 to €359,482
of which Distributable reserves: +€20,201
- Debts after one year -€16,810
down €16,810 (-36.4%), from €46,233 to €29,423
- Gross operating margin +€10,758
up €10,758 (+34.6%), from €31,081 to €41,840
- Taxes +€3,644
up €3,644 (+445.5%), from €818 to €4,462
- Financial income -€3,354
down €3,354 (-35.9%), from €9,335 to €5,981
- Financial charges -€3,027
down €3,027 (-29.7%), from €10,182 to €7,155
- Depreciation -€1,123
down €1,123 (-7.0%), from €16,098 to €14,976
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €541,292 | €548,233 | +€6,940 | +1.3% |
| Fixed assets | 21/28 | €180,654 | €165,678 | -€14,976 | -8.3% |
| Tangible fixed assets | 22/27 | €115,926 | €100,950 | -€14,976 | -12.9% |
| Land and buildings | 22 | €113,755 | €99,774 | -€13,982 | -12.3% |
| Furniture and vehicles | 24 | €2,170 | €1,176 | -€994 | -45.8% |
| Financial fixed assets | 28 | €64,728 | €64,728 | = | 0.0% |
| Current assets | 29/58 | €360,638 | €382,554 | +€21,916 | +6.1% |
| Amounts receivable after more than one year | 29 | €54,542 | €54,542 | = | 0.0% |
| Trade receivables | 290 | €54,542 | €54,542 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €256,962 | €201,199 | -€55,763 | -21.7% |
| Trade receivables | 40 | €91,890 | €69,197 | -€22,693 | -24.7% |
| Other amounts receivable | 41 | €165,072 | €132,002 | -€33,070 | -20.0% |
| Cash at bank and in hand | 54/58 | €49,134 | €126,813 | +€77,679 | +158.1% |
| Total equity and liabilities | 10/49 | €541,292 | €548,233 | +€6,940 | +1.3% |
| Equity | 10/15 | €360,281 | €380,482 | +€20,201 | +5.6% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €339,281 | €359,482 | +€20,201 | +6.0% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Other | 1319 | €2,100 | €2,100 | = | 0.0% |
| Distributable reserves | 133 | €337,181 | €357,382 | +€20,201 | +6.0% |
| Amounts payable | 17/49 | €181,011 | €167,750 | -€13,261 | -7.3% |
| Amounts payable after more than one year | 17 | €46,233 | €29,423 | -€16,810 | -36.4% |
| Financial debts | 170/4 | €46,233 | €29,423 | -€16,810 | -36.4% |
| Amounts payable within one year | 42/48 | €134,778 | €138,327 | +€3,550 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €17,944 | €16,810 | -€1,134 | -6.3% |
| Financial debts | 43 | €53,348 | €58,426 | +€5,078 | +9.5% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Other loans | 439 | €3,348 | €8,426 | +€5,078 | +151.7% |
| Trade debts | 44 | €57,129 | €61,662 | +€4,533 | +7.9% |
| Suppliers | 440/4 | €57,129 | €61,662 | +€4,533 | +7.9% |
| Other amounts payable | 47/48 | €6,356 | €1,429 | -€4,927 | -77.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,098 | €14,976 | -€1,123 | -7.0% |
| Other operating charges | 640/8 | €1,343 | €1,026 | -€317 | -23.6% |
| Gross operating margin | 9900 | €31,081 | €41,840 | +€10,758 | +34.6% |
| Operating profit (loss) | 9901 | €13,640 | €25,838 | +€12,197 | +89.4% |
| Financial income | 75/76B | €9,335 | €5,981 | -€3,354 | -35.9% |
| Recurring financial income | 75 | €9,335 | €5,981 | -€3,354 | -35.9% |
| Financial charges | 65/66B | €10,182 | €7,155 | -€3,027 | -29.7% |
| Recurring financial charges | 65 | €10,182 | €7,155 | -€3,027 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €12,793 | €24,664 | +€11,870 | +92.8% |
| Income taxes | 67/77 | €818 | €4,462 | +€3,644 | +445.5% |
| Profit (loss) for the period | 9904 | €11,975 | €20,201 | +€8,226 | +68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,975 | €20,201 | +€8,226 | +68.7% |
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 8 October 2026 via checked.be.