TRISTAR: 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.
What changed
TRISTAR
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€413,992
2023 · €1,962-€415,954
Equity
€175,719
2023 · €589,711-€413,992
Cash
€9,829
2023 · €3,804+€6,025
Balance sheet total
€6.1m
2023 · €6.4m-€287,181
Largest movements
Assets
- Receivables within one year -€641,398
down €641,398 (-78.9%), from €812,883 to €171,485
of which Trade receivables: -€636,625
- Receivables after one year +€364,869
new in 2024: €364,869
Equity and liabilities
- Debts after one year +€3.6m
up €3.6m (+1,849%), from €196,887 to €3.8m
of which Other amounts payable: +€3.6m
- Trade debts -€3.6m
down €3.6m (-77.6%), from €4.6m to €1.0m
- Profit (loss) carried forward -€413,992
new in 2024: -€413,992
- Advances received +€203,984
new in 2024: €203,984
- Short-term financial debts -€85,686
down €85,686 (-69.0%), from €124,159 to €38,473
Income statement
- Gross operating margin -€419,851
down €419,851, from €86,438 to -€333,413
- Financial charges +€74,648
up €74,648 (+1,028%), from €7,261 to €81,909
- Financial income +€67,343
up €67,343 (+2,444%), from €2,756 to €70,098
- Other operating charges +€11,520
up €11,520 (+235%), from €4,904 to €16,423
From the 2023 result to the 2024 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.
Result 2023
€1,962
Gross operating margin
-€419,851
Staff costs
+€2,667
Depreciation
+€1
Other operating charges
-€11,520
Other operating items
+€19,861
Financial income
+€67,343
Financial charges
-€74,648
Taxes
+€193
Result 2024
-€413,992
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€3.5m
Investment
€0
Financing
+€3.6m
Cash 2023
€3,804
From operations (derived)
-€3.5m
Net result for the year
-€413,992
Depreciation
+€4,750
Receivables after one year
-€364,869
Stocks and contracts
+€12,762
Receivables within one year
+€641,398
Deferred charges and accrued income
-€835
Trade debts
-€3.6m
Tax, wage and social debts
+€40,846
Advances received
+€203,984
Other debts
-€72,524
Financing
+€3.6m
Debts after one year
+€3.6m
Short-term financial debts
-€85,686
Cash 2024
€9,829
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,411,256 | €6,124,075 | -€287,181 | -4.5% |
| Fixed assets | 21/28 | €30,803 | €26,053 | -€4,750 | -15.4% |
| Tangible fixed assets | 22/27 | €23,603 | €18,853 | -€4,750 | -20.1% |
| Plant, machinery and equipment | 23 | €23,603 | €18,853 | -€4,750 | -20.1% |
| Financial fixed assets | 28 | €7,200 | €7,200 | = | 0.0% |
| Current assets | 29/58 | €6,380,453 | €6,098,022 | -€282,431 | -4.4% |
| Amounts receivable after more than one year | 29 | - | €364,869 | +€364,869 | |
| Other amounts receivable | 291 | - | €364,869 | +€364,869 | |
| Stocks and contracts in progress | 3 | €5,563,766 | €5,551,004 | -€12,762 | -0.2% |
| Stocks | 30/36 | €5,563,766 | €5,551,004 | -€12,762 | -0.2% |
| Amounts receivable within one year | 40/41 | €812,883 | €171,485 | -€641,398 | -78.9% |
| Trade receivables | 40 | €808,110 | €171,485 | -€636,625 | -78.8% |
| Other amounts receivable | 41 | €4,773 | - | -€4,773 | |
| Cash at bank and in hand | 54/58 | €3,804 | €9,829 | +€6,025 | +158% |
| Deferred charges and accrued income | 490/1 | - | €835 | +€835 | |
| Total equity and liabilities | 10/49 | €6,411,256 | €6,124,075 | -€287,181 | -4.5% |
| Equity | 10/15 | €589,711 | €175,719 | -€413,992 | -70.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €571,111 | €571,111 | = | 0.0% |
| Distributable reserves | 133 | €571,111 | €571,111 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€413,992 | -€413,992 | |
| Amounts payable | 17/49 | €5,821,545 | €5,948,356 | +€126,811 | +2.2% |
| Amounts payable after more than one year | 17 | €196,887 | €3,837,100 | +€3.6m | +1,849% |
| Financial debts | 170/4 | €196,887 | €217,739 | +€20,852 | +10.6% |
| Other amounts payable | 178/9 | - | €3,619,361 | +€3.6m | |
| Amounts payable within one year | 42/48 | €5,624,308 | €2,110,906 | -€3.5m | -62.5% |
| Financial debts | 43 | €124,159 | €38,473 | -€85,686 | -69.0% |
| Other loans | 439 | €124,159 | €38,473 | -€85,686 | -69.0% |
| Trade debts | 44 | €4,637,311 | €1,037,289 | -€3.6m | -77.6% |
| Suppliers | 440/4 | €4,637,311 | €1,037,289 | -€3.6m | -77.6% |
| Advances received on contracts in progress | 46 | - | €203,984 | +€203,984 | |
| Taxes, remuneration and social security | 45 | €44,058 | €84,903 | +€40,846 | +92.7% |
| Taxes | 450/3 | €38,346 | €75,798 | +€37,452 | +97.7% |
| Remuneration and social security | 454/9 | €5,711 | €9,105 | +€3,394 | +59.4% |
| Other amounts payable | 47/48 | €818,780 | €746,257 | -€72,524 | -8.9% |
| Accrued charges and deferred income | 492/3 | €349 | €349 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €35,158 | €32,491 | -€2,667 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,751 | €4,750 | -€1 | 0.0% |
| Other operating charges | 640/8 | €4,904 | €16,423 | +€11,520 | +235% |
| Non-recurring operating charges | 66A | €19,861 | - | -€19,861 | |
| Gross operating margin | 9900 | €86,438 | -€333,413 | -€419,851 | |
| Operating profit (loss) | 9901 | €21,764 | -€387,078 | -€408,841 | |
| Financial income | 75/76B | €2,756 | €70,098 | +€67,343 | +2,444% |
| Recurring financial income | 75 | €2,756 | €70,098 | +€67,343 | +2,444% |
| Financial charges | 65/66B | €7,261 | €81,909 | +€74,648 | +1,028% |
| Recurring financial charges | 65 | €7,261 | €81,909 | +€74,648 | +1,028% |
| Profit (loss) for the period before taxes | 9903 | €17,259 | -€398,888 | -€416,147 | |
| Income taxes | 67/77 | €15,297 | €15,104 | -€193 | -1.3% |
| Profit (loss) for the period | 9904 | €1,962 | -€413,992 | -€415,954 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,962 | -€413,992 | -€415,954 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.