TRINOTEC: 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.
What changed
TRINOTEC
NACE 62.100, Computer programming
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€59,664
2024 · €60,246-€581
Equity
€378,977
2024 · €319,313+€59,664
Cash
€22,710
2024 · €25,528-€2,817
Balance sheet total
€481,400
2024 · €420,188+€61,212
Largest movements
Assets
- Current investments +€65,999
up €65,999 (+22.5%), from €293,280 to €359,280
Equity and liabilities
- Reserves +€59,600
up €59,600 (+23.1%), from €258,128 to €317,728
- Tax, wage and social debts -€8,597
down €8,597 (-35.4%), from €24,274 to €15,677
- Current portion of long-term debt +€5,968
up €5,968 (+55.6%), from €10,730 to €16,698
Income statement
- Gross operating margin -€19,849
down €19,849 (-15.4%), from €129,242 to €109,393
- Depreciation +€8,312
up €8,312 (+96.8%), from €8,586 to €16,898
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.
Result 2024
€60,246
Gross operating margin
-€19,849
Depreciation
-€8,312
Other operating charges
-€192
Other operating items
+€28,041
Financial income
-€874
Financial charges
-€270
Taxes
+€874
Result 2025
€59,664
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.
From operations
+€75,484
Investment
-€82,317
Financing
+€4,016
Cash 2024
€25,528
From operations (derived)
+€75,484
Net result for the year
+€59,664
Depreciation
+€16,898
Receivables within one year
+€321
Deferred charges and accrued income
+€1,069
Trade debts
+€2,719
Tax, wage and social debts
-€8,597
Other debts
+€3,410
Investment (derived)
-€82,317
Investment in fixed assets (net)
-€16,317
Current investments
-€65,999
Financing
+€4,016
Debts after one year
-€1,952
Current portion of long-term debt
+€5,968
Cash 2025
€22,710
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €420,188 | €481,400 | +€61,212 | +14.6% |
| Fixed assets | 21/28 | €71,717 | €71,137 | -€580 | -0.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €71,717 | €71,137 | -€580 | -0.8% |
| Plant, machinery and equipment | 23 | €1,462 | €1,519 | +€56 | +3.8% |
| Furniture and vehicles | 24 | €61,170 | €62,066 | +€895 | +1.5% |
| Other tangible fixed assets | 26 | €9,085 | €7,553 | -€1,532 | -16.9% |
| Current assets | 29/58 | €348,471 | €410,263 | +€61,792 | +17.7% |
| Amounts receivable within one year | 40/41 | €21,657 | €21,336 | -€321 | -1.5% |
| Trade receivables | 40 | €21,133 | €13,764 | -€7,369 | -34.9% |
| Other amounts receivable | 41 | €524 | €7,572 | +€7,048 | +1345.2% |
| Current investments | 50/53 | €293,280 | €359,280 | +€65,999 | +22.5% |
| Cash at bank and in hand | 54/58 | €25,528 | €22,710 | -€2,817 | -11.0% |
| Deferred charges and accrued income | 490/1 | €8,006 | €6,937 | -€1,069 | -13.4% |
| Total equity and liabilities | 10/49 | €420,188 | €481,400 | +€61,212 | +14.6% |
| Equity | 10/15 | €319,313 | €378,977 | +€59,664 | +18.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €258,128 | €317,728 | +€59,600 | +23.1% |
| Distributable reserves | 133 | €258,128 | €317,728 | +€59,600 | +23.1% |
| Profit (loss) carried forward | 14 | €42,593 | €42,657 | +€64 | +0.2% |
| Amounts payable | 17/49 | €100,875 | €102,422 | +€1,548 | +1.5% |
| Amounts payable after more than one year | 17 | €44,289 | €42,337 | -€1,952 | -4.4% |
| Financial debts | 170/4 | €44,289 | €42,337 | -€1,952 | -4.4% |
| Amounts payable within one year | 42/48 | €56,585 | €60,085 | +€3,500 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €10,730 | €16,698 | +€5,968 | +55.6% |
| Trade debts | 44 | €771 | €3,490 | +€2,719 | +352.6% |
| Suppliers | 440/4 | €771 | €3,490 | +€2,719 | +352.6% |
| Taxes, remuneration and social security | 45 | €24,274 | €15,677 | -€8,597 | -35.4% |
| Taxes | 450/3 | €24,274 | €15,677 | -€8,597 | -35.4% |
| Other amounts payable | 47/48 | €20,811 | €24,221 | +€3,410 | +16.4% |
| Non-recurring operating income | 76A | €577 | €583 | +€6 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,586 | €16,898 | +€8,312 | +96.8% |
| Other operating charges | 640/8 | €610 | €802 | +€192 | +31.4% |
| Non-recurring operating charges | 66A | €29,208 | €1,166 | -€28,041 | -96.0% |
| Gross operating margin | 9900 | €129,242 | €109,393 | -€19,849 | -15.4% |
| Operating profit (loss) | 9901 | €90,838 | €90,527 | -€311 | -0.3% |
| Financial income | 75/76B | €877 | €3 | -€874 | -99.7% |
| Recurring financial income | 75 | €877 | €3 | -€874 | -99.7% |
| Financial charges | 65/66B | €2,559 | €2,829 | +€270 | +10.5% |
| Recurring financial charges | 65 | €2,559 | €2,829 | +€270 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €89,156 | €87,701 | -€1,455 | -1.6% |
| Income taxes | 67/77 | €28,910 | €28,037 | -€874 | -3.0% |
| Profit (loss) for the period | 9904 | €60,246 | €59,664 | -€581 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,246 | €59,664 | -€581 | -1.0% |
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 11 October 2026 via checked.be.