TRISAN: 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.
TRISAN
Largest movements
- Cash +€146,024
up €146,024 (+261.0%), from €55,950 to €201,975
mainly Receivables within one year (+€83,646) and Net result for the year (+€52,157)
- Receivables within one year -€83,646
down €83,646 (-19.1%), from €436,971 to €353,324
of which Trade receivables: -€89,660
- Tangible fixed assets +€27,985
up €27,985 (+213.5%), from €13,108 to €41,093
of which Furniture and vehicles: +€25,775
- Reserves +€52,157
up €52,157 (+111.0%), from €46,971 to €99,127
- Debts after one year +€17,076
new in 2025: €17,076
- Short-term financial debts -€15,000
down €15,000 (-15.0%), from €100,000 to €85,000
- Trade debts +€10,859
up €10,859 (+2.8%), from €381,417 to €392,276
- Current portion of long-term debt +€9,752
up €9,752, from €0 to €9,752
- Gross operating margin +€73,572
up €73,572 (+117.9%), from €62,419 to €135,991
- Staff costs +€27,713
new in 2025: €27,713
- Taxes +€10,197
up €10,197 (+109.7%), from €9,293 to €19,490
- Write-downs +€8,873
up €8,873 (+94.5%), from €9,390 to €18,263
- Depreciation +€5,378
up €5,378 (+209.7%), from €2,564 to €7,942
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 | €536,377 | €621,870 | +€85,494 | +15.9% |
| Fixed assets | 21/28 | €14,946 | €42,743 | +€27,797 | +186.0% |
| Intangible fixed assets | 21 | €188 | €0 | -€188 | -100.0% |
| Tangible fixed assets | 22/27 | €13,108 | €41,093 | +€27,985 | +213.5% |
| Plant, machinery and equipment | 23 | €5,206 | €7,416 | +€2,211 | +42.5% |
| Furniture and vehicles | 24 | €7,902 | €33,677 | +€25,775 | +326.2% |
| Financial fixed assets | 28 | €1,650 | €1,650 | = | 0.0% |
| Current assets | 29/58 | €521,431 | €579,127 | +€57,697 | +11.1% |
| Stocks and contracts in progress | 3 | €24,856 | €21,230 | -€3,626 | -14.6% |
| Stocks | 30/36 | €24,856 | €21,230 | -€3,626 | -14.6% |
| Amounts receivable within one year | 40/41 | €436,971 | €353,324 | -€83,646 | -19.1% |
| Trade receivables | 40 | €390,807 | €301,147 | -€89,660 | -22.9% |
| Other amounts receivable | 41 | €46,164 | €52,178 | +€6,014 | +13.0% |
| Cash at bank and in hand | 54/58 | €55,950 | €201,975 | +€146,024 | +261.0% |
| Deferred charges and accrued income | 490/1 | €3,654 | €2,598 | -€1,055 | -28.9% |
| Total equity and liabilities | 10/49 | €536,377 | €621,870 | +€85,494 | +15.9% |
| Equity | 10/15 | €51,971 | €104,127 | +€52,157 | +100.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €46,971 | €99,127 | +€52,157 | +111.0% |
| Distributable reserves | 133 | €46,971 | €99,127 | +€52,157 | +111.0% |
| Amounts payable | 17/49 | €484,406 | €517,743 | +€33,337 | +6.9% |
| Amounts payable after more than one year | 17 | - | €17,076 | +€17,076 | |
| Financial debts | 170/4 | - | €17,076 | +€17,076 | |
| Amounts payable within one year | 42/48 | €482,200 | €490,804 | +€8,604 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | €9,752 | +€9,752 | |
| Financial debts | 43 | €100,000 | €85,000 | -€15,000 | -15.0% |
| Credit institutions | 430/8 | €100,000 | €85,000 | -€15,000 | -15.0% |
| Trade debts | 44 | €381,417 | €392,276 | +€10,859 | +2.8% |
| Suppliers | 440/4 | €381,417 | €392,276 | +€10,859 | +2.8% |
| Taxes, remuneration and social security | 45 | - | €2,992 | +€2,992 | |
| Taxes | 450/3 | - | €505 | +€505 | |
| Remuneration and social security | 454/9 | - | €2,487 | +€2,487 | |
| Other amounts payable | 47/48 | €783 | €783 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,206 | €9,863 | +€7,657 | +347.2% |
| Remuneration, social security and pensions | 62 | - | €27,713 | +€27,713 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,564 | €7,942 | +€5,378 | +209.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,390 | €18,263 | +€8,873 | +94.5% |
| Other operating charges | 640/8 | €543 | €1,030 | +€487 | +89.7% |
| Gross operating margin | 9900 | €62,419 | €135,991 | +€73,572 | +117.9% |
| Operating profit (loss) | 9901 | €49,921 | €81,042 | +€31,121 | +62.3% |
| Financial income | 75/76B | €394 | €125 | -€269 | -68.4% |
| Recurring financial income | 75 | €394 | €125 | -€269 | -68.4% |
| Financial charges | 65/66B | €8,355 | €9,520 | +€1,165 | +13.9% |
| Recurring financial charges | 65 | €8,355 | €9,520 | +€1,165 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €41,960 | €71,647 | +€29,687 | +70.8% |
| Income taxes | 67/77 | €9,293 | €19,490 | +€10,197 | +109.7% |
| Profit (loss) for the period | 9904 | €32,667 | €52,157 | +€19,490 | +59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,667 | €52,157 | +€19,490 | +59.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.