Trinidad: 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.
Trinidad
Largest movements
- Tangible fixed assets -€17,878
down €17,878 (-9.9%), from €180,979 to €163,101
of which Land and buildings: -€13,700
- Cash +€16,967
up €16,967 (+765%), from €2,219 to €19,186
mainly Other debts (+€350,289) and Depreciation (+€17,878)
- Reserves -€353,729
down €353,729 (-46.7%), from €757,269 to €403,540
of which Distributable reserves: -€347,115
- Other debts +€350,289
new in 2025: €350,289
- Gross operating margin -€199,868
down €199,868, from €199,636 to -€232
- Other operating charges -€73,186
down €73,186 (-97.1%), from €75,400 to €2,215
- Write-downs +€52,000
up €52,000 (+78.8%), from -€66,000 to -€14,000
- Taxes -€30,846
down €30,846 (-94.4%), from €32,680 to €1,834
- Financial income +€3,297
up €3,297 (+215%), from €1,535 to €4,832
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.
Derived cash bridge
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 | €806,044 | €804,244 | -€1,800 | -0.2% |
| Fixed assets | 21/28 | €180,979 | €163,101 | -€17,878 | -9.9% |
| Tangible fixed assets | 22/27 | €180,979 | €163,101 | -€17,878 | -9.9% |
| Land and buildings | 22 | €161,186 | €147,486 | -€13,700 | -8.5% |
| Furniture and vehicles | 24 | €19,793 | €15,615 | -€4,178 | -21.1% |
| Current assets | 29/58 | €625,065 | €641,143 | +€16,078 | +2.6% |
| Amounts receivable within one year | 40/41 | €6,132 | €660 | -€5,472 | -89.2% |
| Other amounts receivable | 41 | €6,132 | €660 | -€5,472 | -89.2% |
| Current investments | 50/53 | €616,175 | €618,805 | +€2,630 | +0.4% |
| Cash at bank and in hand | 54/58 | €2,219 | €19,186 | +€16,967 | +765% |
| Deferred charges and accrued income | 490/1 | €538 | €2,492 | +€1,954 | +363% |
| Total equity and liabilities | 10/49 | €806,044 | €804,244 | -€1,800 | -0.2% |
| Equity | 10/15 | €773,094 | €419,366 | -€353,729 | -45.8% |
| Contributions | 10/11 | €15,826 | €15,826 | = | 0.0% |
| Reserves | 13 | €757,269 | €403,540 | -€353,729 | -46.7% |
| Tax-exempt reserves | 132 | €127,859 | €121,246 | -€6,613 | -5.2% |
| Distributable reserves | 133 | €629,409 | €282,294 | -€347,115 | -55.1% |
| Amounts payable | 17/49 | €32,949 | €384,878 | +€351,929 | +1,068% |
| Amounts payable within one year | 42/48 | €32,949 | €384,595 | +€351,646 | +1,067% |
| Trade debts | 44 | €699 | €1,635 | +€936 | +134% |
| Suppliers | 440/4 | €699 | €1,635 | +€936 | +134% |
| Taxes, remuneration and social security | 45 | €32,251 | €32,672 | +€421 | +1.3% |
| Taxes | 450/3 | €32,251 | €32,672 | +€421 | +1.3% |
| Other amounts payable | 47/48 | - | €350,289 | +€350,289 | |
| Accrued charges and deferred income | 492/3 | - | €283 | +€283 | |
| Non-recurring operating income | 76A | €217,937 | - | -€217,937 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,990 | €17,878 | +€2,889 | +19.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€66,000 | -€14,000 | +€52,000 | +78.8% |
| Other operating charges | 640/8 | €75,400 | €2,215 | -€73,186 | -97.1% |
| Gross operating margin | 9900 | €199,636 | -€232 | -€199,868 | |
| Operating profit (loss) | 9901 | €175,246 | -€6,325 | -€181,572 | |
| Financial income | 75/76B | €1,535 | €4,832 | +€3,297 | +215% |
| Recurring financial income | 75 | €1,535 | €4,832 | +€3,297 | +215% |
| Financial charges | 65/66B | €238 | €113 | -€125 | -52.5% |
| Recurring financial charges | 65 | €238 | €113 | -€125 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €176,543 | -€1,606 | -€178,149 | |
| Income taxes | 67/77 | €32,680 | €1,834 | -€30,846 | -94.4% |
| Profit (loss) for the period | 9904 | €143,863 | -€3,440 | -€147,303 | |
| Transfer from tax-exempt reserves | 789 | €135,258 | €6,613 | -€128,644 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €279,121 | €3,173 | -€275,948 | -98.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.