TRISKELION: 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.
TRISKELION
Largest movements
- Cash +€114,643
up €114,643 (+269.7%), from €42,501 to €157,144
mainly Net result for the year (+€94,922) and Depreciation (+€53,858)
- Tangible fixed assets -€53,858
down €53,858 (-4.5%), from €1.2m to €1.1m
- Receivables within one year -€17,256
down €17,256 (-100.0%), from €17,264 to €8
of which Trade receivables: -€15,000
- Reserves +€94,922
up €94,922 (+52.7%), from €180,068 to €274,991
- Debts after one year -€61,663
down €61,663 (-8.2%), from €752,926 to €691,264
- Gross operating margin +€53,035
up €53,035 (+33.3%), from €159,106 to €212,142
- Taxes +€16,286
up €16,286 (+73.7%), from €22,110 to €38,397
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 | €1,252,145 | €1,295,541 | +€43,397 | +3.5% |
| Fixed assets | 21/28 | €1,191,654 | €1,137,796 | -€53,858 | -4.5% |
| Tangible fixed assets | 22/27 | €1,191,654 | €1,137,796 | -€53,858 | -4.5% |
| Land and buildings | 22 | €1,191,654 | €1,137,796 | -€53,858 | -4.5% |
| Current assets | 29/58 | €60,491 | €157,746 | +€97,255 | +160.8% |
| Amounts receivable within one year | 40/41 | €17,264 | €8 | -€17,256 | -100.0% |
| Trade receivables | 40 | €15,000 | €0 | -€15,000 | -100.0% |
| Other amounts receivable | 41 | €2,264 | €8 | -€2,256 | -99.7% |
| Cash at bank and in hand | 54/58 | €42,501 | €157,144 | +€114,643 | +269.7% |
| Deferred charges and accrued income | 490/1 | €726 | €594 | -€132 | -18.2% |
| Total equity and liabilities | 10/49 | €1,252,145 | €1,295,541 | +€43,397 | +3.5% |
| Equity | 10/15 | €418,818 | €513,741 | +€94,922 | +22.7% |
| Contributions | 10/11 | €238,750 | €238,750 | = | 0.0% |
| Reserves | 13 | €180,068 | €274,991 | +€94,922 | +52.7% |
| Distributable reserves | 133 | €180,068 | €274,991 | +€94,922 | +52.7% |
| Amounts payable | 17/49 | €833,326 | €781,801 | -€51,526 | -6.2% |
| Amounts payable after more than one year | 17 | €752,926 | €691,264 | -€61,663 | -8.2% |
| Financial debts | 170/4 | €752,926 | €691,264 | -€61,663 | -8.2% |
| Amounts payable within one year | 42/48 | €80,013 | €90,537 | +€10,524 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €61,663 | €61,663 | = | 0.0% |
| Trade debts | 44 | €8,581 | €10,398 | +€1,817 | +21.2% |
| Suppliers | 440/4 | €8,581 | €10,398 | +€1,817 | +21.2% |
| Taxes, remuneration and social security | 45 | €9,769 | €18,397 | +€8,628 | +88.3% |
| Taxes | 450/3 | €9,677 | €18,397 | +€8,720 | +90.1% |
| Remuneration and social security | 454/9 | €92 | €0 | -€92 | -100.0% |
| Other amounts payable | 47/48 | - | €79 | +€79 | |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,020 | €53,858 | +€839 | +1.6% |
| Other operating charges | 640/8 | €614 | €1,231 | +€617 | +100.4% |
| Gross operating margin | 9900 | €159,106 | €212,142 | +€53,035 | +33.3% |
| Operating profit (loss) | 9901 | €105,472 | €157,052 | +€51,580 | +48.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €25,563 | €23,733 | -€1,830 | -7.2% |
| Recurring financial charges | 65 | €25,563 | €23,733 | -€1,830 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €79,909 | €133,319 | +€53,410 | +66.8% |
| Income taxes | 67/77 | €22,110 | €38,397 | +€16,286 | +73.7% |
| Profit (loss) for the period | 9904 | €57,799 | €94,922 | +€37,123 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,799 | €94,922 | +€37,123 | +64.2% |
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 11 October 2026 via checked.be.