Trinity Advisory: 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.
Trinity Advisory
Largest movements
- Cash +€12,686
up €12,686 (+27.4%), from €46,255 to €58,941
mainly Net result for the year (+€119,395) and Other debts (+€66,875)
- Receivables within one year -€2,534
down €2,534 (-11.3%), from €22,385 to €19,851
of which Trade receivables: -€2,150
- Deferred charges and accrued income +€1,703
up €1,703 (+1,183%), from €144 to €1,847
- Tangible fixed assets -€1,207
down €1,207 (-42.2%), from €2,859 to €1,652
- Other debts +€66,875
up €66,875 (+2,156%), from €3,102 to €69,978
- Reserves -€51,625
no longer reported in 2025 (was €51,625)
- Trade debts -€2,425
down €2,425 (-95.7%), from €2,535 to €109
- Tax, wage and social debts -€1,399
down €1,399 (-10.4%), from €13,503 to €12,104
- Gross operating margin +€14,488
up €14,488 (+9.8%), from €147,340 to €161,828
- Depreciation -€7,380
down €7,380 (-85.9%), from €8,586 to €1,207
- Taxes +€4,046
up €4,046 (+11.2%), from €36,120 to €40,166
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 | €71,642 | €82,291 | +€10,649 | +14.9% |
| Fixed assets | 21/28 | €2,859 | €1,652 | -€1,207 | -42.2% |
| Tangible fixed assets | 22/27 | €2,859 | €1,652 | -€1,207 | -42.2% |
| Furniture and vehicles | 24 | €2,859 | €1,652 | -€1,207 | -42.2% |
| Current assets | 29/58 | €68,784 | €80,639 | +€11,855 | +17.2% |
| Amounts receivable within one year | 40/41 | €22,385 | €19,851 | -€2,534 | -11.3% |
| Trade receivables | 40 | €21,800 | €19,651 | -€2,150 | -9.9% |
| Other amounts receivable | 41 | €584 | €200 | -€384 | -65.8% |
| Cash at bank and in hand | 54/58 | €46,255 | €58,941 | +€12,686 | +27.4% |
| Deferred charges and accrued income | 490/1 | €144 | €1,847 | +€1,703 | +1,183% |
| Total equity and liabilities | 10/49 | €71,642 | €82,291 | +€10,649 | +14.9% |
| Equity | 10/15 | €51,725 | €100 | -€51,625 | -99.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €51,625 | - | -€51,625 | |
| Distributable reserves | 133 | €51,625 | - | -€51,625 | |
| Amounts payable | 17/49 | €19,917 | €82,191 | +€62,274 | +313% |
| Amounts payable within one year | 42/48 | €19,140 | €82,191 | +€63,051 | +329% |
| Trade debts | 44 | €2,535 | €109 | -€2,425 | -95.7% |
| Suppliers | 440/4 | €2,535 | €109 | -€2,425 | -95.7% |
| Taxes, remuneration and social security | 45 | €13,503 | €12,104 | -€1,399 | -10.4% |
| Taxes | 450/3 | €13,503 | €12,104 | -€1,399 | -10.4% |
| Other amounts payable | 47/48 | €3,102 | €69,978 | +€66,875 | +2,156% |
| Accrued charges and deferred income | 492/3 | €777 | - | -€777 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,586 | €1,207 | -€7,380 | -85.9% |
| Other operating charges | 640/8 | €962 | €994 | +€31 | +3.3% |
| Gross operating margin | 9900 | €147,340 | €161,828 | +€14,488 | +9.8% |
| Operating profit (loss) | 9901 | €137,791 | €159,627 | +€21,836 | +15.8% |
| Financial income | 75/76B | €23 | - | -€23 | |
| Recurring financial income | 75 | €23 | - | -€23 | |
| Financial charges | 65/66B | €69 | €67 | -€2 | -2.7% |
| Recurring financial charges | 65 | €69 | €67 | -€2 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €137,745 | €159,561 | +€21,816 | +15.8% |
| Income taxes | 67/77 | €36,120 | €40,166 | +€4,046 | +11.2% |
| Profit (loss) for the period | 9904 | €101,625 | €119,395 | +€17,770 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €101,625 | €119,395 | +€17,770 | +17.5% |
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 15 October 2026 via checked.be.