Tripan: 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
Tripan
NACE 23.610, Manufacture of other non-metallic mineral products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€326,242
2024 · -€127,741-€198,502
Equity
€683,988
2024 · €1.0m-€326,242
Cash
€2.6m
2024 · €1.2m+€1.3m
Balance sheet total
€23.2m
2024 · €17.1m+€6.1m
Largest movements
Assets
- Tangible fixed assets +€7.3m
up €7.3m (+113%), from €6.4m to €13.7m
of which Plant, machinery and equipment: +€4.3m
- Receivables within one year -€3.9m
down €3.9m (-56.6%), from €6.9m to €3.0m
of which Trade receivables: -€4.0m
- Stocks and contracts +€1.4m
up €1.4m (+52.1%), from €2.6m to €4.0m
- Cash +€1.3m
up €1.3m (+108%), from €1.2m to €2.6m
mainly Debts after one year (+€4.6m) and Receivables within one year (+€3.9m)
Equity and liabilities
- Debts after one year +€4.6m
up €4.6m (+45.6%), from €10.1m to €14.7m
of which Other amounts payable: +€3.8m
- Trade debts +€1.9m
up €1.9m (+44.3%), from €4.2m to €6.1m
- Current portion of long-term debt +€333,333
up €333,333 (+38.1%), from €875,000 to €1.2m
- Reserves -€326,200
down €326,200 (-46.8%), from €697,500 to €371,300
of which Distributable reserves: -€326,200
- Tax, wage and social debts -€246,736
down €246,736 (-33.3%), from €741,144 to €494,408
of which Remuneration and social security: -€134,628
Income statement
- Turnover -€4.1m
down €4.1m (-22.6%), from €18.0m to €13.9m
- Services and other goods -€1.2m
down €1.2m (-40.9%), from €3.0m to €1.8m
- Other operating income +€512,959
up €512,959 (+209%), from €245,793 to €758,752
- Depreciation +€190,363
up €190,363 (+29.3%), from €648,769 to €839,132
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
-€127,741
Turnover
-€4.1m
Other operating income
+€512,959
Goods and materials
+€126,265
Services and other goods
+€1.2m
Staff costs
+€88,748
Depreciation
-€190,363
Other operating charges
-€1,088
Other operating items
+€2.2m
Financial income
+€3
Financial charges
-€62,059
Taxes
-€29
Result 2025
-€326,242
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€4.5m
Investment
-€8.1m
Financing
+€4.9m
Cash 2024
€1.2m
From operations (derived)
+€4.5m
Net result for the year
-€326,242
Depreciation
+€839,132
Stocks and contracts
-€1.4m
Receivables within one year
+€3.9m
Deferred charges and accrued income
-€52,576
Trade debts
+€1.9m
Tax, wage and social debts
-€246,736
Accrued charges and deferred income
-€126,154
Investment (derived)
-€8.1m
Investment in fixed assets (net)
-€8.1m
Financing
+€4.9m
Debts after one year
+€4.6m
Current portion of long-term debt
+€333,333
Cash 2025
€2.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,130,355 | €23,248,201 | +€6.1m | +35.7% |
| Fixed assets | 21/28 | €6,423,611 | €13,676,672 | +€7.3m | +113% |
| Intangible fixed assets | 21 | €15,115 | €3,472 | -€11,643 | -77.0% |
| Tangible fixed assets | 22/27 | €6,408,495 | €13,673,200 | +€7.3m | +113% |
| Land and buildings | 22 | €3,622,867 | €6,499,823 | +€2.9m | +79.4% |
| Plant, machinery and equipment | 23 | €2,499,415 | €6,807,539 | +€4.3m | +172% |
| Furniture and vehicles | 24 | €286,214 | €365,838 | +€79,624 | +27.8% |
| Current assets | 29/58 | €10,706,745 | €9,571,530 | -€1.1m | -10.6% |
| Stocks and contracts in progress | 3 | €2,620,487 | €3,985,954 | +€1.4m | +52.1% |
| Stocks | 30/36 | €2,620,487 | €3,985,954 | +€1.4m | +52.1% |
| Raw materials and consumables | 30/31 | €1,262,129 | €1,497,718 | +€235,589 | +18.7% |
| Finished goods | 33 | €1,358,358 | €2,488,237 | +€1.1m | +83.2% |
| Amounts receivable within one year | 40/41 | €6,853,909 | €2,977,844 | -€3.9m | -56.6% |
| Trade receivables | 40 | €6,853,909 | €2,819,231 | -€4.0m | -58.9% |
| Other amounts receivable | 41 | €0 | €158,613 | +€158,613 | |
| Cash at bank and in hand | 54/58 | €1,230,459 | €2,553,266 | +€1.3m | +108% |
| Deferred charges and accrued income | 490/1 | €1,890 | €54,466 | +€52,576 | +2,782% |
| Total equity and liabilities | 10/49 | €17,130,355 | €23,248,201 | +€6.1m | +35.7% |
| Equity | 10/15 | €1,010,230 | €683,988 | -€326,242 | -32.3% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €697,500 | €371,300 | -€326,200 | -46.8% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €667,500 | €341,300 | -€326,200 | -48.9% |
| Profit (loss) carried forward | 14 | €62 | €19 | -€42 | -68.7% |
| Investment grants | 15 | €12,669 | €12,669 | = | 0.0% |
| Provisions and deferred taxes | 16 | €4,223 | €4,223 | = | 0.0% |
| Deferred taxes | 168 | €4,223 | €4,223 | = | 0.0% |
| Amounts payable | 17/49 | €16,115,902 | €22,559,991 | +€6.4m | +40.0% |
| Amounts payable after more than one year | 17 | €10,110,381 | €14,724,841 | +€4.6m | +45.6% |
| Financial debts | 170/4 | €10,110,381 | €10,934,841 | +€824,461 | +8.2% |
| Credit institutions | 173 | €3,685,381 | €10,934,841 | +€7.2m | +197% |
| Other loans | 174 | €6,425,000 | €0 | -€6.4m | -100% |
| Other amounts payable | 178/9 | - | €3,790,000 | +€3.8m | |
| Amounts payable within one year | 42/48 | €5,830,835 | €7,786,617 | +€2.0m | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €875,000 | €1,208,333 | +€333,333 | +38.1% |
| Trade debts | 44 | €4,214,691 | €6,083,875 | +€1.9m | +44.3% |
| Suppliers | 440/4 | €4,214,691 | €6,083,875 | +€1.9m | +44.3% |
| Taxes, remuneration and social security | 45 | €741,144 | €494,408 | -€246,736 | -33.3% |
| Taxes | 450/3 | €200,514 | €88,406 | -€112,108 | -55.9% |
| Remuneration and social security | 454/9 | €540,630 | €406,002 | -€134,628 | -24.9% |
| Accrued charges and deferred income | 492/3 | €174,686 | €48,533 | -€126,154 | -72.2% |
| Operating income | 70/76A | €17,172,795 | €15,801,422 | -€1.4m | -8.0% |
| Turnover | 70 | €17,985,246 | €13,912,791 | -€4.1m | -22.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€1,078,429 | €1,129,879 | +€2.2m | |
| Other operating income | 74 | €245,793 | €758,752 | +€512,959 | +209% |
| Non-recurring operating income | 76A | €20,185 | €0 | -€20,185 | -100% |
| Operating charges | 60/66A | €17,084,448 | €15,849,493 | -€1.2m | -7.2% |
| Goods for resale, raw materials and consumables | 60 | €9,865,828 | €9,739,562 | -€126,265 | -1.3% |
| Purchases | 600/8 | €9,510,697 | €9,975,151 | +€464,454 | +4.9% |
| Change in stocks: decrease (increase) | 609 | €355,131 | -€235,589 | -€590,719 | |
| Services and other goods | 61 | €2,965,264 | €1,753,871 | -€1.2m | -40.9% |
| Remuneration, social security and pensions | 62 | €3,548,479 | €3,459,731 | -€88,748 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €648,769 | €839,132 | +€190,363 | +29.3% |
| Other operating charges | 640/8 | €56,109 | €57,197 | +€1,088 | +1.9% |
| Operating profit (loss) | 9901 | €88,346 | -€48,071 | -€136,417 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Other financial income | 752/9 | - | €3 | +€3 | |
| Financial charges | 65/66B | €214,971 | €277,030 | +€62,059 | +28.9% |
| Recurring financial charges | 65 | €214,971 | €277,030 | +€62,059 | +28.9% |
| Debt charges | 650 | €185,598 | €252,384 | +€66,786 | +36.0% |
| Other financial charges | 652/9 | €29,372 | €24,646 | -€4,726 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | -€126,624 | -€325,097 | -€198,473 | -157% |
| Income taxes | 67/77 | €1,116 | €1,145 | +€29 | +2.6% |
| Taxes | 670/3 | €1,116 | €1,145 | +€29 | +2.6% |
| Profit (loss) for the period | 9904 | -€127,741 | -€326,242 | -€198,502 | -155% |
| Profit (loss) for the period to be appropriated | 9905 | -€127,741 | -€326,242 | -€198,502 | -155% |
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 16 October 2026 via checked.be.