TRIOS-BOUW: 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.
TRIOS-BOUW
Largest movements
- Receivables within one year -€41,111
down €41,111 (-36.4%), from €112,999 to €71,889
of which Trade receivables: -€33,602
- Cash +€27,767
up €27,767 (+13.8%), from €201,078 to €228,845
mainly Net result for the year (+€85,757) and Receivables within one year (+€41,111)
- Tangible fixed assets -€6,381
down €6,381 (-78.8%), from €8,096 to €1,715
of which Furniture and vehicles: -€4,622
- Reserves -€35,333
down €35,333 (-12.9%), from €273,935 to €238,602
- Tax, wage and social debts +€15,398
up €15,398 (+107%), from €14,398 to €29,796
- Gross operating margin +€93,321
up €93,321 (+151%), from €61,608 to €154,929
- Taxes +€27,726
up €27,726 (+202%), from €13,733 to €41,460
- Write-downs +€16,380
new in 2025: €16,380
- Other operating charges +€1,854
up €1,854 (+77.3%), from €2,400 to €4,254
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 | €325,805 | €306,463 | -€19,342 | -5.9% |
| Fixed assets | 21/28 | €8,096 | €1,715 | -€6,381 | -78.8% |
| Tangible fixed assets | 22/27 | €8,096 | €1,715 | -€6,381 | -78.8% |
| Plant, machinery and equipment | 23 | €3,474 | €1,715 | -€1,759 | -50.6% |
| Furniture and vehicles | 24 | €4,622 | €0 | -€4,622 | -100% |
| Current assets | 29/58 | €317,709 | €304,748 | -€12,961 | -4.1% |
| Stocks and contracts in progress | 3 | €281 | €0 | -€281 | -100% |
| Stocks | 30/36 | €281 | €0 | -€281 | -100% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €112,999 | €71,889 | -€41,111 | -36.4% |
| Trade receivables | 40 | €102,372 | €68,770 | -€33,602 | -32.8% |
| Other amounts receivable | 41 | €10,628 | €3,119 | -€7,509 | -70.7% |
| Cash at bank and in hand | 54/58 | €201,078 | €228,845 | +€27,767 | +13.8% |
| Deferred charges and accrued income | 490/1 | €3,351 | €4,015 | +€664 | +19.8% |
| Total equity and liabilities | 10/49 | €325,805 | €306,463 | -€19,342 | -5.9% |
| Equity | 10/15 | €286,489 | €251,071 | -€35,417 | -12.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €273,935 | €238,602 | -€35,333 | -12.9% |
| Distributable reserves | 133 | €273,935 | €238,602 | -€35,333 | -12.9% |
| Profit (loss) carried forward | 14 | €154 | €69 | -€85 | -54.9% |
| Amounts payable | 17/49 | €39,316 | €55,391 | +€16,076 | +40.9% |
| Amounts payable within one year | 42/48 | €39,316 | €53,586 | +€14,271 | +36.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €21,748 | €20,509 | -€1,240 | -5.7% |
| Suppliers | 440/4 | €21,748 | €20,509 | -€1,240 | -5.7% |
| Taxes, remuneration and social security | 45 | €14,398 | €29,796 | +€15,398 | +107% |
| Taxes | 450/3 | €14,398 | €29,796 | +€15,398 | +107% |
| Other amounts payable | 47/48 | €3,169 | €3,281 | +€112 | +3.5% |
| Accrued charges and deferred income | 492/3 | €0 | €1,805 | +€1,805 | |
| Non-recurring operating income | 76A | - | €12,400 | +€12,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,529 | €6,381 | -€148 | -2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,380 | +€16,380 | |
| Other operating charges | 640/8 | €2,400 | €4,254 | +€1,854 | +77.3% |
| Gross operating margin | 9900 | €61,608 | €154,929 | +€93,321 | +151% |
| Operating profit (loss) | 9901 | €52,679 | €127,914 | +€75,235 | +143% |
| Financial income | 75/76B | €26 | €104 | +€79 | +304% |
| Recurring financial income | 75 | €26 | €104 | +€79 | +304% |
| Financial charges | 65/66B | €717 | €801 | +€84 | +11.8% |
| Recurring financial charges | 65 | €717 | €801 | +€84 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €51,988 | €127,217 | +€75,229 | +145% |
| Income taxes | 67/77 | €13,733 | €41,460 | +€27,726 | +202% |
| Profit (loss) for the period | 9904 | €38,255 | €85,757 | +€47,503 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €38,255 | €85,757 | +€47,503 | +124% |
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 28 October 2026 via checked.be.