TRISTANA: 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.
TRISTANA
Largest movements
- Tangible fixed assets -€11,078
down €11,078 (-6.3%), from €175,742 to €164,664
- Receivables after one year -€3,114
down €3,114 (-11.2%), from €27,885 to €24,770
- Profit (loss) carried forward -€7,047
down €7,047 (-17.1%), from -€41,089 to -€48,136
- Reserves -€4,423
down €4,423 (-4.4%), from €100,691 to €96,268
of which Tax-exempt reserves: -€4,423
- Provisions -€2,278
down €2,278 (-10.0%), from €22,776 to €20,498
- Gross operating margin +€457
up €457 (+34.9%), from -€1,309 to -€852
- Other operating charges +€91
up €91 (+4.4%), from €2,088 to €2,179
- Financial income -€80
down €80 (-10.7%), from €746 to €666
- Financial charges +€28
up €28 (+10.2%), from €276 to €304
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €206,678 | €192,578 | -€14,100 | -6.8% |
| Fixed assets | 21/28 | €175,742 | €164,664 | -€11,078 | -6.3% |
| Tangible fixed assets | 22/27 | €175,742 | €164,664 | -€11,078 | -6.3% |
| Land and buildings | 22 | €175,742 | €164,664 | -€11,078 | -6.3% |
| Current assets | 29/58 | €30,936 | €27,914 | -€3,022 | -9.8% |
| Amounts receivable after more than one year | 29 | €27,885 | €24,770 | -€3,114 | -11.2% |
| Trade receivables | 290 | €27,885 | €24,770 | -€3,114 | -11.2% |
| Amounts receivable within one year | 40/41 | €454 | €534 | +€80 | +17.6% |
| Other amounts receivable | 41 | €454 | €534 | +€80 | +17.6% |
| Cash at bank and in hand | 54/58 | €840 | €924 | +€84 | +10.0% |
| Deferred charges and accrued income | 490/1 | €1,757 | €1,686 | -€71 | -4.1% |
| Total equity and liabilities | 10/49 | €206,678 | €192,578 | -€14,100 | -6.8% |
| Equity | 10/15 | €183,549 | €172,079 | -€11,470 | -6.2% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €100,691 | €96,268 | -€4,423 | -4.4% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €53,592 | €49,168 | -€4,423 | -8.3% |
| Distributable reserves | 133 | €34,705 | €34,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,089 | -€48,136 | -€7,047 | -17.1% |
| Provisions and deferred taxes | 16 | €22,776 | €20,498 | -€2,278 | -10.0% |
| Deferred taxes | 168 | €22,776 | €20,498 | -€2,278 | -10.0% |
| Amounts payable | 17/49 | €353 | - | -€353 | |
| Amounts payable within one year | 42/48 | €353 | - | -€353 | |
| Trade debts | 44 | €353 | - | -€353 | |
| Suppliers | 440/4 | €353 | - | -€353 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,078 | €11,078 | = | 0.0% |
| Other operating charges | 640/8 | €2,088 | €2,179 | +€91 | +4.4% |
| Gross operating margin | 9900 | -€1,309 | -€852 | +€457 | +34.9% |
| Operating profit (loss) | 9901 | -€14,474 | -€14,109 | +€365 | +2.5% |
| Financial income | 75/76B | €746 | €666 | -€80 | -10.7% |
| Recurring financial income | 75 | €746 | €666 | -€80 | -10.7% |
| Financial charges | 65/66B | €276 | €304 | +€28 | +10.2% |
| Recurring financial charges | 65 | €276 | €304 | +€28 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,004 | -€13,747 | +€257 | +1.8% |
| Transfer from deferred taxes | 780 | €2,278 | €2,278 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€11,727 | -€11,470 | +€257 | +2.2% |
| Transfer from tax-exempt reserves | 789 | €4,423 | €4,423 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,304 | -€7,047 | +€257 | +3.5% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.