TRINOMICS BELGIUM: 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.
TRINOMICS BELGIUM
Largest movements
- Receivables within one year -€97,845
down €97,845 (-40.3%), from €242,595 to €144,751
of which Trade receivables: -€98,142
- Cash -€68,980
down €68,980 (-51.3%), from €134,377 to €65,396
mainly Net result for the year (-€272,727) and Investment in fixed assets (net) (-€7,360)
- Tangible fixed assets +€4,642
up €4,642 (+203%), from €2,290 to €6,933
- Profit (loss) carried forward -€272,727
down €272,727, from €79,371 to -€193,356
- Trade debts +€76,178
up €76,178 (+87.6%), from €86,967 to €163,144
- Tax, wage and social debts +€34,503
up €34,503 (+53.2%), from €64,820 to €99,323
of which Remuneration and social security: +€34,503
- Staff costs +€378,103
up €378,103 (+91.3%), from €413,959 to €792,063
- Taxes -€21,561
down €21,561 (-100%), from €21,561 to €0
- Gross operating margin +€10,588
up €10,588 (+2.1%), from €512,149 to €522,737
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 | €380,825 | €218,779 | -€162,047 | -42.6% |
| Fixed assets | 21/28 | €2,390 | €7,033 | +€4,642 | +194% |
| Tangible fixed assets | 22/27 | €2,290 | €6,933 | +€4,642 | +203% |
| Furniture and vehicles | 24 | €2,290 | €6,933 | +€4,642 | +203% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €378,435 | €211,746 | -€166,689 | -44.0% |
| Amounts receivable within one year | 40/41 | €242,595 | €144,751 | -€97,845 | -40.3% |
| Trade receivables | 40 | €241,328 | €143,186 | -€98,142 | -40.7% |
| Other amounts receivable | 41 | €1,267 | €1,564 | +€297 | +23.4% |
| Cash at bank and in hand | 54/58 | €134,377 | €65,396 | -€68,980 | -51.3% |
| Deferred charges and accrued income | 490/1 | €1,463 | €1,599 | +€136 | +9.3% |
| Total equity and liabilities | 10/49 | €380,825 | €218,779 | -€162,047 | -42.6% |
| Equity | 10/15 | €97,921 | -€174,806 | -€272,727 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,371 | -€193,356 | -€272,727 | |
| Amounts payable | 17/49 | €282,904 | €393,585 | +€110,681 | +39.1% |
| Amounts payable after more than one year | 17 | €130,450 | €130,450 | = | 0.0% |
| Other amounts payable | 178/9 | €130,450 | €130,450 | = | 0.0% |
| Amounts payable within one year | 42/48 | €152,454 | €263,135 | +€110,681 | +72.6% |
| Trade debts | 44 | €86,967 | €163,144 | +€76,178 | +87.6% |
| Suppliers | 440/4 | €86,967 | €163,144 | +€76,178 | +87.6% |
| Taxes, remuneration and social security | 45 | €64,820 | €99,323 | +€34,503 | +53.2% |
| Taxes | 450/3 | €21,561 | €21,561 | = | 0.0% |
| Remuneration and social security | 454/9 | €43,259 | €77,762 | +€34,503 | +79.8% |
| Other amounts payable | 47/48 | €668 | €668 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €413,959 | €792,063 | +€378,103 | +91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,378 | €2,718 | +€1,339 | +97.2% |
| Other operating charges | 640/8 | €782 | €400 | -€382 | -48.9% |
| Gross operating margin | 9900 | €512,149 | €522,737 | +€10,588 | +2.1% |
| Operating profit (loss) | 9901 | €96,030 | -€272,443 | -€368,473 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €305 | €285 | -€20 | -6.5% |
| Recurring financial charges | 65 | €305 | €285 | -€20 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €95,725 | -€272,727 | -€368,452 | |
| Income taxes | 67/77 | €21,561 | €0 | -€21,561 | -100% |
| Profit (loss) for the period | 9904 | €74,164 | -€272,727 | -€346,892 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,164 | -€272,727 | -€346,892 |
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 26 October 2026 via checked.be.