TRINITY HOUTEM: 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 HOUTEM
Largest movements
- Current investments -€100,000
down €100,000 (-19.6%), from €510,053 to €410,052
- Tangible fixed assets -€25,523
down €25,523 (-3.6%), from €702,514 to €676,990
- Cash +€21,746
up €21,746 (+790%), from €2,753 to €24,499
mainly Current investments (+€100,000) and Depreciation (+€25,523)
- Debts after one year -€90,000
down €90,000 (-16.1%), from €558,933 to €468,933
of which Financial debts: -€90,000
- Profit (loss) carried forward -€24,203
down €24,203 (-11.2%), from -€215,571 to -€239,775
- Financial income -€8,481
down €8,481 (-47.8%), from €17,746 to €9,264
- Financial charges -€7,453
down €7,453 (-16.1%), from €46,366 to €38,913
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 | €1,225,620 | €1,121,991 | -€103,629 | -8.5% |
| Fixed assets | 21/28 | €702,514 | €676,990 | -€25,523 | -3.6% |
| Tangible fixed assets | 22/27 | €702,514 | €676,990 | -€25,523 | -3.6% |
| Land and buildings | 22 | €702,514 | €676,990 | -€25,523 | -3.6% |
| Current assets | 29/58 | €523,106 | €445,001 | -€78,105 | -14.9% |
| Amounts receivable within one year | 40/41 | €8,132 | €8,433 | +€301 | +3.7% |
| Other amounts receivable | 41 | €8,132 | €8,433 | +€301 | +3.7% |
| Current investments | 50/53 | €510,053 | €410,052 | -€100,000 | -19.6% |
| Cash at bank and in hand | 54/58 | €2,753 | €24,499 | +€21,746 | +790% |
| Deferred charges and accrued income | 490/1 | €2,169 | €2,016 | -€152 | -7.0% |
| Total equity and liabilities | 10/49 | €1,225,620 | €1,121,991 | -€103,629 | -8.5% |
| Equity | 10/15 | €634,429 | €610,225 | -€24,203 | -3.8% |
| Contributions | 10/11 | €850,000 | €850,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€215,571 | -€239,775 | -€24,203 | -11.2% |
| Amounts payable | 17/49 | €591,191 | €511,766 | -€79,425 | -13.4% |
| Amounts payable after more than one year | 17 | €558,933 | €468,933 | -€90,000 | -16.1% |
| Financial debts | 170/4 | €557,613 | €467,613 | -€90,000 | -16.1% |
| Other amounts payable | 178/9 | €1,320 | €1,320 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,518 | €42,053 | +€10,535 | +33.4% |
| Trade debts | 44 | €0 | €672 | +€672 | |
| Suppliers | 440/4 | €0 | €672 | +€672 | |
| Taxes, remuneration and social security | 45 | €13,864 | €11,618 | -€2,246 | -16.2% |
| Taxes | 450/3 | €13,864 | €11,618 | -€2,246 | -16.2% |
| Other amounts payable | 47/48 | €17,654 | €29,763 | +€12,109 | +68.6% |
| Accrued charges and deferred income | 492/3 | €740 | €780 | +€40 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,550 | €25,523 | -€26 | -0.1% |
| Other operating charges | 640/8 | €6,094 | €6,285 | +€192 | +3.1% |
| Gross operating margin | 9900 | €37,317 | €37,254 | -€63 | -0.2% |
| Operating profit (loss) | 9901 | €5,674 | €5,445 | -€229 | -4.0% |
| Financial income | 75/76B | €17,746 | €9,264 | -€8,481 | -47.8% |
| Recurring financial income | 75 | €17,746 | €9,264 | -€8,481 | -47.8% |
| Financial charges | 65/66B | €46,366 | €38,913 | -€7,453 | -16.1% |
| Recurring financial charges | 65 | €46,366 | €38,913 | -€7,453 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,946 | -€24,203 | -€1,258 | -5.5% |
| Profit (loss) for the period | 9904 | -€22,946 | -€24,203 | -€1,258 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,946 | -€24,203 | -€1,258 | -5.5% |
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 30 October 2026 via checked.be.