triTEQ: what changed
Two fiscal 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.
triTEQ
Largest movements
- Receivables within one year -€17,404
down €17,404 (-41.3%), from €42,092 to €24,689
of which Other amounts receivable: -€9,180
- Cash +€15,458
up €15,458 (+128.1%), from €12,062 to €27,520
mainly Net result for the year (+€18,942) and Receivables within one year (+€17,404)
- Tangible fixed assets -€6,109
down €6,109 (-13.0%), from €46,834 to €40,725
of which Furniture and vehicles: -€8,202
- Deferred charges and accrued income +€1,938
up €1,938 (+1053.3%), from €184 to €2,122
- Debts after one year -€10,363
down €10,363 (-29.8%), from €34,814 to €24,451
- Reserves +€10,269
up €10,269 (+34.3%), from €29,899 to €40,167
- Trade debts -€6,212
down €6,212 (-80.6%), from €7,706 to €1,494
- Gross operating margin +€3,684
up €3,684 (+10.3%), from €35,917 to €39,601
- Taxes +€2,242
up €2,242 (+42.7%), from €5,247 to €7,489
- Depreciation +€1,541
up €1,541 (+16.7%), from €9,253 to €10,794
- Financial charges -€451
down €451 (-22.5%), from €2,006 to €1,555
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 | €102,442 | €96,325 | -€6,117 | -6.0% |
| Fixed assets | 21/28 | €46,834 | €40,725 | -€6,109 | -13.0% |
| Tangible fixed assets | 22/27 | €46,834 | €40,725 | -€6,109 | -13.0% |
| Plant, machinery and equipment | 23 | €3,498 | €5,592 | +€2,093 | +59.8% |
| Furniture and vehicles | 24 | €43,336 | €35,133 | -€8,202 | -18.9% |
| Current assets | 29/58 | €55,608 | €55,600 | -€8 | 0.0% |
| Stocks and contracts in progress | 3 | €1,269 | €1,269 | = | 0.0% |
| Stocks | 30/36 | €1,269 | €1,269 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,092 | €24,689 | -€17,404 | -41.3% |
| Trade receivables | 40 | €21,651 | €13,427 | -€8,224 | -38.0% |
| Other amounts receivable | 41 | €20,441 | €11,261 | -€9,180 | -44.9% |
| Cash at bank and in hand | 54/58 | €12,062 | €27,520 | +€15,458 | +128.1% |
| Deferred charges and accrued income | 490/1 | €184 | €2,122 | +€1,938 | +1053.3% |
| Total equity and liabilities | 10/49 | €102,442 | €96,325 | -€6,117 | -6.0% |
| Equity | 10/15 | €36,099 | €46,367 | +€10,269 | +28.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,899 | €40,167 | +€10,269 | +34.3% |
| Distributable reserves | 133 | €29,899 | €40,167 | +€10,269 | +34.3% |
| Amounts payable | 17/49 | €66,344 | €49,958 | -€16,386 | -24.7% |
| Amounts payable after more than one year | 17 | €34,814 | €24,451 | -€10,363 | -29.8% |
| Financial debts | 170/4 | €34,814 | €24,451 | -€10,363 | -29.8% |
| Amounts payable within one year | 42/48 | €31,529 | €25,507 | -€6,023 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €9,953 | €10,363 | +€410 | +4.1% |
| Trade debts | 44 | €7,706 | €1,494 | -€6,212 | -80.6% |
| Suppliers | 440/4 | €7,706 | €1,494 | -€6,212 | -80.6% |
| Taxes, remuneration and social security | 45 | €13,037 | €12,817 | -€221 | -1.7% |
| Taxes | 450/3 | €13,037 | €12,817 | -€221 | -1.7% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Non-recurring operating income | 76A | €19,005 | - | -€19,005 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,253 | €10,794 | +€1,541 | +16.7% |
| Other operating charges | 640/8 | €926 | €821 | -€105 | -11.3% |
| Gross operating margin | 9900 | €35,917 | €39,601 | +€3,684 | +10.3% |
| Operating profit (loss) | 9901 | €25,738 | €27,986 | +€2,248 | +8.7% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,006 | €1,555 | -€451 | -22.5% |
| Recurring financial charges | 65 | €2,006 | €1,555 | -€451 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €23,732 | €26,431 | +€2,698 | +11.4% |
| Income taxes | 67/77 | €5,247 | €7,489 | +€2,242 | +42.7% |
| Profit (loss) for the period | 9904 | €18,485 | €18,942 | +€456 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,485 | €18,942 | +€456 | +2.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.