TRIP: 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.
TRIP
Largest movements
- Receivables within one year -€58,900
down €58,900 (-40.1%), from €146,819 to €87,920
of which Other amounts receivable: -€40,341
- Current investments +€37,363
up €37,363 (+18.6%), from €201,377 to €238,740
- Cash -€8,933
down €8,933 (-16.5%), from €54,237 to €45,304
mainly Current investments (-€37,363) and Contributions, distributions and other (-€36,000)
- Other debts -€16,000
down €16,000 (-30.8%), from €52,000 to €36,000
- Reserves -€13,100
down €13,100 (-5.5%), from €236,200 to €223,100
- Tax, wage and social debts -€5,242
down €5,242 (-36.6%), from €14,326 to €9,084
of which Taxes: -€5,242
- Gross operating margin -€27,824
down €27,824 (-44.0%), from €63,226 to €35,401
- Taxes -€7,575
down €7,575 (-42.0%), from €18,021 to €10,445
- Other operating charges -€917
down €917 (-30.0%), from €3,055 to €2,138
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 | €405,283 | €373,426 | -€31,857 | -7.9% |
| Fixed assets | 21/28 | €2,849 | €1,462 | -€1,386 | -48.7% |
| Tangible fixed assets | 22/27 | €2,849 | €1,462 | -€1,386 | -48.7% |
| Plant, machinery and equipment | 23 | €2,126 | €1,117 | -€1,010 | -47.5% |
| Furniture and vehicles | 24 | €722 | €346 | -€377 | -52.1% |
| Current assets | 29/58 | €402,434 | €371,964 | -€30,470 | -7.6% |
| Amounts receivable within one year | 40/41 | €146,819 | €87,920 | -€58,900 | -40.1% |
| Trade receivables | 40 | €37,586 | €19,027 | -€18,558 | -49.4% |
| Other amounts receivable | 41 | €109,234 | €68,892 | -€40,341 | -36.9% |
| Current investments | 50/53 | €201,377 | €238,740 | +€37,363 | +18.6% |
| Cash at bank and in hand | 54/58 | €54,237 | €45,304 | -€8,933 | -16.5% |
| Total equity and liabilities | 10/49 | €405,283 | €373,426 | -€31,857 | -7.9% |
| Equity | 10/15 | €334,390 | €321,324 | -€13,066 | -3.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €236,200 | €223,100 | -€13,100 | -5.5% |
| Distributable reserves | 133 | €236,200 | €223,100 | -€13,100 | -5.5% |
| Profit (loss) carried forward | 14 | €97,190 | €97,224 | +€34 | 0.0% |
| Amounts payable | 17/49 | €70,893 | €52,103 | -€18,791 | -26.5% |
| Amounts payable within one year | 42/48 | €70,893 | €52,103 | -€18,791 | -26.5% |
| Trade debts | 44 | €4,567 | €7,019 | +€2,451 | +53.7% |
| Suppliers | 440/4 | €4,567 | €7,019 | +€2,451 | +53.7% |
| Taxes, remuneration and social security | 45 | €14,326 | €9,084 | -€5,242 | -36.6% |
| Taxes | 450/3 | €11,026 | €5,784 | -€5,242 | -47.5% |
| Remuneration and social security | 454/9 | €3,300 | €3,300 | = | 0.0% |
| Other amounts payable | 47/48 | €52,000 | €36,000 | -€16,000 | -30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,566 | €1,386 | -€179 | -11.5% |
| Other operating charges | 640/8 | €3,055 | €2,138 | -€917 | -30.0% |
| Gross operating margin | 9900 | €63,226 | €35,401 | -€27,824 | -44.0% |
| Operating profit (loss) | 9901 | €58,605 | €31,878 | -€26,728 | -45.6% |
| Financial income | 75/76B | €1,199 | €1,594 | +€395 | +32.9% |
| Recurring financial income | 75 | €1,199 | €1,594 | +€395 | +32.9% |
| Financial charges | 65/66B | €106 | €92 | -€14 | -13.6% |
| Recurring financial charges | 65 | €106 | €92 | -€14 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €59,698 | €33,380 | -€26,318 | -44.1% |
| Income taxes | 67/77 | €18,021 | €10,445 | -€7,575 | -42.0% |
| Profit (loss) for the period | 9904 | €41,677 | €22,934 | -€18,743 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,677 | €22,934 | -€18,743 | -45.0% |
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 29 October 2026 via checked.be.