TRISTATE: 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.
TRISTATE
Largest movements
- Tangible fixed assets +€8,361
up €8,361 (+612%), from €1,367 to €9,729
- Receivables within one year -€5,536
down €5,536 (-57.7%), from €9,594 to €4,058
- Deferred charges and accrued income -€3,156
down €3,156 (-100%), from €3,156 to €0
- Stocks and contracts -€2,000
down €2,000 (-6.9%), from €28,830 to €26,830
- Cash -€871
down €871 (-5.4%), from €16,211 to €15,339
mainly Investment in fixed assets (net) (-€11,598) and Net result for the year (-€9,877)
- Profit (loss) carried forward -€9,877
down €9,877 (-60.7%), from -€16,271 to -€26,148
- Other debts +€2,334
up €2,334 (+5.9%), from €39,442 to €41,776
- Tax, wage and social debts +€2,109
up €2,109 (+28.2%), from €7,482 to €9,591
of which Taxes: +€1,933
- Trade debts +€1,739
up €1,739 (+32.6%), from €5,338 to €7,077
- Gross operating margin +€8,896
up €8,896 (+78.8%), from €11,288 to €20,184
- Other operating charges +€2,218
up €2,218 (+181%), from €1,225 to €3,443
- Staff costs -€1,295
down €1,295 (-6.6%), from €19,593 to €18,298
- Depreciation +€1,281
up €1,281 (+65.5%), from €1,955 to €3,237
- Taxes +€1,070
up €1,070 (+66.8%), from €1,603 to €2,673
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.
Derived cash bridge
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 | €59,157 | €55,956 | -€3,201 | -5.4% |
| Fixed assets | 21/28 | €1,367 | €9,729 | +€8,361 | +612% |
| Tangible fixed assets | 22/27 | €1,367 | €9,729 | +€8,361 | +612% |
| Furniture and vehicles | 24 | €1,367 | €9,729 | +€8,361 | +612% |
| Current assets | 29/58 | €57,790 | €46,228 | -€11,563 | -20.0% |
| Stocks and contracts in progress | 3 | €28,830 | €26,830 | -€2,000 | -6.9% |
| Stocks | 30/36 | €28,830 | €26,830 | -€2,000 | -6.9% |
| Amounts receivable within one year | 40/41 | €9,594 | €4,058 | -€5,536 | -57.7% |
| Trade receivables | 40 | €9,594 | €4,058 | -€5,536 | -57.7% |
| Cash at bank and in hand | 54/58 | €16,211 | €15,339 | -€871 | -5.4% |
| Deferred charges and accrued income | 490/1 | €3,156 | €0 | -€3,156 | -100% |
| Total equity and liabilities | 10/49 | €59,157 | €55,956 | -€3,201 | -5.4% |
| Equity | 10/15 | €5,049 | -€4,828 | -€9,877 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,720 | €2,720 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €860 | €860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,271 | -€26,148 | -€9,877 | -60.7% |
| Amounts payable | 17/49 | €54,109 | €60,785 | +€6,676 | +12.3% |
| Amounts payable within one year | 42/48 | €52,261 | €58,444 | +€6,183 | +11.8% |
| Trade debts | 44 | €5,338 | €7,077 | +€1,739 | +32.6% |
| Suppliers | 440/4 | €5,338 | €7,077 | +€1,739 | +32.6% |
| Taxes, remuneration and social security | 45 | €7,482 | €9,591 | +€2,109 | +28.2% |
| Taxes | 450/3 | €3,610 | €5,543 | +€1,933 | +53.5% |
| Remuneration and social security | 454/9 | €3,871 | €4,047 | +€176 | +4.6% |
| Other amounts payable | 47/48 | €39,442 | €41,776 | +€2,334 | +5.9% |
| Accrued charges and deferred income | 492/3 | €1,847 | €2,341 | +€494 | +26.7% |
| Non-recurring operating income | 76A | - | €7,325 | +€7,325 | |
| Remuneration, social security and pensions | 62 | €19,593 | €18,298 | -€1,295 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,955 | €3,237 | +€1,281 | +65.5% |
| Other operating charges | 640/8 | €1,225 | €3,443 | +€2,218 | +181% |
| Gross operating margin | 9900 | €11,288 | €20,184 | +€8,896 | +78.8% |
| Operating profit (loss) | 9901 | -€11,485 | -€4,794 | +€6,691 | +58.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €2,178 | €2,410 | +€232 | +10.7% |
| Recurring financial charges | 65 | €2,178 | €2,410 | +€232 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,663 | -€7,204 | +€6,459 | +47.3% |
| Income taxes | 67/77 | €1,603 | €2,673 | +€1,070 | +66.8% |
| Profit (loss) for the period | 9904 | -€15,266 | -€9,877 | +€5,388 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,266 | -€9,877 | +€5,388 | +35.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.