TRISKELS: 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.
TRISKELS
Largest movements
- Deferred charges and accrued income -€54,562
no longer reported in 2025 (was €54,562)
- Tangible fixed assets -€33,743
down €33,743 (-4.2%), from €801,613 to €767,870
of which Land and buildings: -€25,017
- Cash -€22,173
down €22,173 (-27.8%), from €79,883 to €57,710
mainly Other debts (-€67,851) and Contributions, distributions and other (-€45,772)
- Other debts -€67,851
down €67,851 (-69.4%), from €97,757 to €29,906
- Debts after one year -€22,268
down €22,268 (-9.2%), from €241,370 to €219,101
- Tax, wage and social debts -€10,386
down €10,386 (-20.3%), from €51,056 to €40,671
- Gross operating margin -€90,340
down €90,340 (-43.7%), from €206,553 to €116,213
- Taxes -€16,409
down €16,409 (-50.4%), from €32,576 to €16,167
- Depreciation -€14,494
down €14,494 (-30.0%), from €48,236 to €33,743
- Other operating charges +€10,152
up €10,152 (+69.8%), from €14,552 to €24,704
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 | €952,142 | €840,714 | -€111,428 | -11.7% |
| Fixed assets | 21/28 | €801,613 | €767,870 | -€33,743 | -4.2% |
| Tangible fixed assets | 22/27 | €801,613 | €767,870 | -€33,743 | -4.2% |
| Land and buildings | 22 | €737,620 | €712,603 | -€25,017 | -3.4% |
| Plant, machinery and equipment | 23 | €63,993 | €55,267 | -€8,726 | -13.6% |
| Current assets | 29/58 | €150,528 | €72,844 | -€77,685 | -51.6% |
| Amounts receivable within one year | 40/41 | €16,084 | €15,134 | -€950 | -5.9% |
| Trade receivables | 40 | €16,084 | €11,301 | -€4,783 | -29.7% |
| Other amounts receivable | 41 | - | €3,833 | +€3,833 | |
| Cash at bank and in hand | 54/58 | €79,883 | €57,710 | -€22,173 | -27.8% |
| Deferred charges and accrued income | 490/1 | €54,562 | - | -€54,562 | |
| Total equity and liabilities | 10/49 | €952,142 | €840,714 | -€111,428 | -11.7% |
| Equity | 10/15 | €427,270 | €419,630 | -€7,640 | -1.8% |
| Contributions | 10/11 | €160,837 | €160,837 | = | 0.0% |
| Capital | 10 | €160,837 | - | -€160,837 | |
| Issued capital | 100 | €160,837 | - | -€160,837 | |
| Reserves | 13 | €364,104 | €356,464 | -€7,640 | -2.1% |
| Non-distributable reserves | 130/1 | €16,084 | €16,084 | = | 0.0% |
| Legal reserve | 130 | €16,084 | - | -€16,084 | |
| Other | 1319 | - | €16,084 | +€16,084 | |
| Tax-exempt reserves | 132 | €307,109 | €299,469 | -€7,640 | -2.5% |
| Distributable reserves | 133 | €40,911 | €40,911 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,671 | -€97,671 | = | 0.0% |
| Provisions and deferred taxes | 16 | €91,660 | €88,473 | -€3,188 | -3.5% |
| Deferred taxes | 168 | €91,660 | €88,473 | -€3,188 | -3.5% |
| Amounts payable | 17/49 | €433,211 | €332,612 | -€100,599 | -23.2% |
| Amounts payable after more than one year | 17 | €241,370 | €219,101 | -€22,268 | -9.2% |
| Financial debts | 170/4 | €241,370 | €219,101 | -€22,268 | -9.2% |
| Amounts payable within one year | 42/48 | €191,841 | €113,510 | -€78,331 | -40.8% |
| Financial debts | 43 | €21,747 | €22,268 | +€522 | +2.4% |
| Credit institutions | 430/8 | €21,747 | €22,268 | +€522 | +2.4% |
| Trade debts | 44 | €21,282 | €20,666 | -€616 | -2.9% |
| Suppliers | 440/4 | €21,282 | €20,666 | -€616 | -2.9% |
| Taxes, remuneration and social security | 45 | €51,056 | €40,671 | -€10,386 | -20.3% |
| Taxes | 450/3 | €51,056 | €40,671 | -€10,386 | -20.3% |
| Other amounts payable | 47/48 | €97,757 | €29,906 | -€67,851 | -69.4% |
| Non-recurring operating income | 76A | €16,915 | - | -€16,915 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,236 | €33,743 | -€14,494 | -30.0% |
| Other operating charges | 640/8 | €14,552 | €24,704 | +€10,152 | +69.8% |
| Gross operating margin | 9900 | €206,553 | €116,213 | -€90,340 | -43.7% |
| Operating profit (loss) | 9901 | €143,764 | €57,766 | -€85,998 | -59.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,008 | €6,656 | -€352 | -5.0% |
| Recurring financial charges | 65 | €7,008 | €6,656 | -€352 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €136,756 | €51,111 | -€85,646 | -62.6% |
| Transfer from deferred taxes | 780 | €3,188 | €3,188 | = | 0.0% |
| Income taxes | 67/77 | €32,576 | €16,167 | -€16,409 | -50.4% |
| Profit (loss) for the period | 9904 | €107,368 | €38,131 | -€69,237 | -64.5% |
| Transfer from tax-exempt reserves | 789 | €7,640 | €7,640 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €115,008 | €45,772 | -€69,237 | -60.2% |
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 9 October 2026 via checked.be.