TRIO: what changed
Two fiscal 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.
TRIO
Largest movements
- Receivables within one year -€140,092
down €140,092 (-61.5%), from €227,871 to €87,778
- Receivables after one year -€133,618
down €133,618 (-73.3%), from €182,327 to €48,709
- Debts after one year -€802,416
down €802,416 (-35.2%), from €2.3m to €1.5m
- Profit (loss) carried forward +€530,851
up €530,851 (+18.8%), from -€2.8m to -€2.3m
- Write-downs +€147,667
up €147,667, from -€4,593 to €143,074
- Gross operating margin -€37,888
down €37,888 (-5.0%), from €753,640 to €715,751
- Financial charges -€18,940
down €18,940 (-25.7%), from €73,611 to €54,672
- Financial income -€13,408
down €13,408 (-50.0%), from €26,804 to €13,396
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €410,698 | €137,049 | -€273,648 | -66.6% |
| Current assets | 29/58 | €410,698 | €137,049 | -€273,648 | -66.6% |
| Amounts receivable after more than one year | 29 | €182,327 | €48,709 | -€133,618 | -73.3% |
| Trade receivables | 290 | €182,327 | €48,709 | -€133,618 | -73.3% |
| Amounts receivable within one year | 40/41 | €227,871 | €87,778 | -€140,092 | -61.5% |
| Trade receivables | 40 | €227,871 | €87,778 | -€140,092 | -61.5% |
| Cash at bank and in hand | 54/58 | €500 | €500 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €62 | +€62 | |
| Total equity and liabilities | 10/49 | €410,698 | €137,049 | -€273,648 | -66.6% |
| Equity | 10/15 | -€2,702,541 | -€2,171,690 | +€530,851 | +19.6% |
| Contributions | 10/11 | €126,000 | €126,000 | = | 0.0% |
| Capital | 10 | €126,000 | €126,000 | = | 0.0% |
| Issued capital | 100 | €126,000 | €126,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,828,541 | -€2,297,690 | +€530,851 | +18.8% |
| Amounts payable | 17/49 | €3,113,239 | €2,308,739 | -€804,500 | -25.8% |
| Amounts payable after more than one year | 17 | €2,280,446 | €1,478,030 | -€802,416 | -35.2% |
| Other amounts payable | 178/9 | €2,280,446 | €1,478,030 | -€802,416 | -35.2% |
| Amounts payable within one year | 42/48 | €832,793 | €830,710 | -€2,083 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €800,000 | €800,000 | = | 0.0% |
| Trade debts | 44 | €1,158 | €653 | -€506 | -43.7% |
| Suppliers | 440/4 | €1,158 | €653 | -€506 | -43.7% |
| Taxes, remuneration and social security | 45 | €31,634 | €30,057 | -€1,577 | -5.0% |
| Taxes | 450/3 | €31,634 | €30,057 | -€1,577 | -5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,593 | €143,074 | +€147,667 | |
| Other operating charges | 640/8 | €1,115 | €550 | -€564 | -50.6% |
| Gross operating margin | 9900 | €753,640 | €715,751 | -€37,888 | -5.0% |
| Operating profit (loss) | 9901 | €757,118 | €572,127 | -€184,991 | -24.4% |
| Financial income | 75/76B | €26,804 | €13,396 | -€13,408 | -50.0% |
| Recurring financial income | 75 | €26,804 | €13,396 | -€13,408 | -50.0% |
| Financial charges | 65/66B | €73,611 | €54,672 | -€18,940 | -25.7% |
| Recurring financial charges | 65 | €73,611 | €54,672 | -€18,940 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €710,310 | €530,851 | -€179,459 | -25.3% |
| Profit (loss) for the period | 9904 | €710,310 | €530,851 | -€179,459 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €710,310 | €530,851 | -€179,459 | -25.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.