TRITI-SANO: 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.
TRITI-SANO
Largest movements
- Receivables within one year +€183,613
up €183,613 (+86.2%), from €212,995 to €396,608
of which Trade receivables: +€176,715
- Cash -€101,611
down €101,611 (-72.1%), from €140,842 to €39,231
mainly Contributions, distributions and other (-€350,000) and Receivables within one year (-€183,613)
- Tangible fixed assets +€56,006
up €56,006 (+539%), from €10,387 to €66,393
of which Furniture and vehicles: +€56,006
- Trade debts +€79,359
up €79,359 (+60.0%), from €132,257 to €211,615
- Debts after one year +€46,907
new in 2025: €46,907
- Current portion of long-term debt +€14,072
new in 2025: €14,072
- Other debts -€10,907
down €10,907 (-3.0%), from €360,907 to €350,000
- Gross operating margin -€16,581
down €16,581 (-3.3%), from €507,072 to €490,491
- Depreciation -€10,071
down €10,071 (-41.2%), from €24,425 to €14,354
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 | €864,224 | €1,002,232 | +€138,008 | +16.0% |
| Fixed assets | 21/28 | €510,387 | €566,393 | +€56,006 | +11.0% |
| Tangible fixed assets | 22/27 | €10,387 | €66,393 | +€56,006 | +539% |
| Furniture and vehicles | 24 | €9,775 | €65,781 | +€56,006 | +573% |
| Other tangible fixed assets | 26 | €612 | €612 | = | 0.0% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €353,837 | €435,838 | +€82,001 | +23.2% |
| Amounts receivable within one year | 40/41 | €212,995 | €396,608 | +€183,613 | +86.2% |
| Trade receivables | 40 | €177,278 | €353,993 | +€176,715 | +99.7% |
| Other amounts receivable | 41 | €35,717 | €42,615 | +€6,898 | +19.3% |
| Cash at bank and in hand | 54/58 | €140,842 | €39,231 | -€101,611 | -72.1% |
| Total equity and liabilities | 10/49 | €864,224 | €1,002,232 | +€138,008 | +16.0% |
| Equity | 10/15 | €354,168 | €361,085 | +€6,917 | +2.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €249,665 | €249,665 | = | 0.0% |
| Distributable reserves | 133 | €249,665 | €249,665 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,503 | €91,420 | +€6,917 | +8.2% |
| Amounts payable | 17/49 | €510,056 | €641,147 | +€131,091 | +25.7% |
| Amounts payable after more than one year | 17 | - | €46,907 | +€46,907 | |
| Financial debts | 170/4 | - | €46,907 | +€46,907 | |
| Amounts payable within one year | 42/48 | €510,056 | €594,241 | +€84,184 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | - | €14,072 | +€14,072 | |
| Trade debts | 44 | €132,257 | €211,615 | +€79,359 | +60.0% |
| Suppliers | 440/4 | €132,257 | €211,615 | +€79,359 | +60.0% |
| Taxes, remuneration and social security | 45 | €16,892 | €18,553 | +€1,661 | +9.8% |
| Taxes | 450/3 | €16,892 | €18,553 | +€1,661 | +9.8% |
| Other amounts payable | 47/48 | €360,907 | €350,000 | -€10,907 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,425 | €14,354 | -€10,071 | -41.2% |
| Other operating charges | 640/8 | €768 | €438 | -€330 | -43.0% |
| Gross operating margin | 9900 | €507,072 | €490,491 | -€16,581 | -3.3% |
| Operating profit (loss) | 9901 | €481,880 | €475,699 | -€6,181 | -1.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | +4,800% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +4,800% |
| Financial charges | 65/66B | €642 | €2,135 | +€1,493 | +232% |
| Recurring financial charges | 65 | €642 | €2,135 | +€1,493 | +232% |
| Profit (loss) for the period before taxes | 9903 | €481,238 | €473,565 | -€7,673 | -1.6% |
| Income taxes | 67/77 | €120,331 | €116,648 | -€3,683 | -3.1% |
| Profit (loss) for the period | 9904 | €360,907 | €356,917 | -€3,990 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €360,907 | €356,917 | -€3,990 | -1.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.