TRISTAN CONCEPTS: what changed
TRISTAN CONCEPTS
Largest movements
- Cash +€2,390
up €2,390 (+3,356%), from €71 to €2,461
mainly Other debts (+€2,759) and Depreciation (+€2,068)
- Receivables within one year -€1,844
down €1,844 (-99.0%), from €1,863 to €19
of which Trade receivables: -€1,845
- Tangible fixed assets -€907
down €907 (-22.0%), from €4,116 to €3,209
- Deferred charges and accrued income +€631
new in 2025: €631
- Intangible fixed assets -€564
down €564 (-37.2%), from €1,517 to €953
- Other debts +€2,759
up €2,759 (+8.1%), from €34,092 to €36,851
- Profit (loss) carried forward -€2,085
down €2,085 (-6.6%), from -€31,549 to -€33,633
- Trade debts -€1,488
down €1,488 (-77.9%), from €1,909 to €422
- Tax, wage and social debts +€824
up €824 (+656%), from €126 to €950
- Gross operating margin +€3,803
up €3,803, from -€3,520 to €283
- Other operating charges -€532
down €532 (-78.7%), from €676 to €144
- Depreciation -€435
down €435 (-17.4%), from €2,503 to €2,068
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,025 | €34,036 | +€11 | 0.0% |
| Fixed assets | 21/28 | €5,638 | €4,168 | -€1,471 | -26.1% |
| Intangible fixed assets | 21 | €1,517 | €953 | -€564 | -37.2% |
| Tangible fixed assets | 22/27 | €4,116 | €3,209 | -€907 | -22.0% |
| Plant, machinery and equipment | 23 | €4,116 | €3,209 | -€907 | -22.0% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €28,387 | €29,869 | +€1,482 | +5.2% |
| Stocks and contracts in progress | 3 | €26,453 | €26,758 | +€305 | +1.2% |
| Stocks | 30/36 | €26,453 | €26,758 | +€305 | +1.2% |
| Amounts receivable within one year | 40/41 | €1,863 | €19 | -€1,844 | -99.0% |
| Trade receivables | 40 | €1,845 | - | -€1,845 | |
| Other amounts receivable | 41 | €18 | €19 | +€1 | +7.1% |
| Cash at bank and in hand | 54/58 | €71 | €2,461 | +€2,390 | +3,356% |
| Deferred charges and accrued income | 490/1 | - | €631 | +€631 | |
| Total equity and liabilities | 10/49 | €34,025 | €34,036 | +€11 | 0.0% |
| Equity | 10/15 | -€2,102 | -€4,187 | -€2,085 | -99.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €10,897 | €10,897 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €9,042 | €9,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,549 | -€33,633 | -€2,085 | -6.6% |
| Amounts payable | 17/49 | €36,127 | €38,223 | +€2,096 | +5.8% |
| Amounts payable within one year | 42/48 | €36,127 | €38,223 | +€2,096 | +5.8% |
| Trade debts | 44 | €1,909 | €422 | -€1,488 | -77.9% |
| Suppliers | 440/4 | €1,909 | €422 | -€1,488 | -77.9% |
| Taxes, remuneration and social security | 45 | €126 | €950 | +€824 | +656% |
| Taxes | 450/3 | €126 | €950 | +€824 | +656% |
| Other amounts payable | 47/48 | €34,092 | €36,851 | +€2,759 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,503 | €2,068 | -€435 | -17.4% |
| Other operating charges | 640/8 | €676 | €144 | -€532 | -78.7% |
| Gross operating margin | 9900 | -€3,520 | €283 | +€3,803 | |
| Operating profit (loss) | 9901 | -€6,699 | -€1,929 | +€4,769 | +71.2% |
| Financial income | 75/76B | €10 | €1 | -€9 | -92.9% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -92.9% |
| Financial charges | 65/66B | €156 | €156 | +€0 | +0.2% |
| Recurring financial charges | 65 | €156 | €156 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,845 | -€2,085 | +€4,760 | +69.5% |
| Profit (loss) for the period | 9904 | -€6,845 | -€2,085 | +€4,760 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,845 | -€2,085 | +€4,760 | +69.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.