Triton: 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.
Triton
Largest movements
- Tangible fixed assets -€23,899
down €23,899 (-21.8%), from €109,484 to €85,584
of which Furniture and vehicles: -€12,284
- Cash -€17,979
down €17,979 (-81.8%), from €21,972 to €3,993
mainly Net result for the year (-€57,119) and Contributions, distributions and other (-€25,677)
- Receivables within one year +€17,441
up €17,441 (+24.7%), from €70,743 to €88,184
of which Other amounts receivable: +€15,530
- Current investments -€9,999
down €9,999 (-99.1%), from €10,086 to €87
- Stocks and contracts -€9,315
down €9,315 (-49.4%), from €18,869 to €9,555
- Profit (loss) carried forward -€57,119
down €57,119 (-136%), from -€42,107 to -€99,226
- Investment grants -€25,677
down €25,677 (-32.2%), from €79,698 to €54,021
- Trade debts +€23,025
up €23,025 (+23.6%), from €97,591 to €120,615
- Tax, wage and social debts +€16,173
up €16,173 (+13.9%), from €116,013 to €132,186
of which Taxes: +€17,803
- Gross operating margin -€168,609
down €168,609 (-13.0%), from €1.3m to €1.1m
- Staff costs +€46,207
up €46,207 (+4.2%), from €1.1m to €1.1m
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 | €251,195 | €207,597 | -€43,598 | -17.4% |
| Fixed assets | 21/28 | €112,131 | €87,278 | -€24,853 | -22.2% |
| Intangible fixed assets | 21 | €2,547 | €1,594 | -€954 | -37.4% |
| Tangible fixed assets | 22/27 | €109,484 | €85,584 | -€23,899 | -21.8% |
| Plant, machinery and equipment | 23 | €36,644 | €27,155 | -€9,489 | -25.9% |
| Furniture and vehicles | 24 | €21,615 | €9,331 | -€12,284 | -56.8% |
| Other tangible fixed assets | 26 | €51,225 | €49,099 | -€2,126 | -4.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €139,064 | €120,319 | -€18,745 | -13.5% |
| Stocks and contracts in progress | 3 | €18,869 | €9,555 | -€9,315 | -49.4% |
| Stocks | 30/36 | €18,869 | €9,555 | -€9,315 | -49.4% |
| Amounts receivable within one year | 40/41 | €70,743 | €88,184 | +€17,441 | +24.7% |
| Trade receivables | 40 | €49,424 | €51,334 | +€1,910 | +3.9% |
| Other amounts receivable | 41 | €21,320 | €36,850 | +€15,530 | +72.8% |
| Current investments | 50/53 | €10,086 | €87 | -€9,999 | -99.1% |
| Cash at bank and in hand | 54/58 | €21,972 | €3,993 | -€17,979 | -81.8% |
| Deferred charges and accrued income | 490/1 | €17,392 | €18,500 | +€1,107 | +6.4% |
| Total equity and liabilities | 10/49 | €251,195 | €207,597 | -€43,598 | -17.4% |
| Equity | 10/15 | €37,591 | -€45,205 | -€82,796 | |
| Profit (loss) carried forward | 14 | -€42,107 | -€99,226 | -€57,119 | -136% |
| Investment grants | 15 | €79,698 | €54,021 | -€25,677 | -32.2% |
| Amounts payable | 17/49 | €213,604 | €252,802 | +€39,198 | +18.4% |
| Amounts payable within one year | 42/48 | €213,604 | €252,802 | +€39,198 | +18.4% |
| Trade debts | 44 | €97,591 | €120,615 | +€23,025 | +23.6% |
| Suppliers | 440/4 | €97,591 | €120,615 | +€23,025 | +23.6% |
| Taxes, remuneration and social security | 45 | €116,013 | €132,186 | +€16,173 | +13.9% |
| Taxes | 450/3 | €6,708 | €24,511 | +€17,803 | +265% |
| Remuneration and social security | 454/9 | €109,305 | €107,675 | -€1,630 | -1.5% |
| Non-recurring operating income | 76A | €397,366 | €42,998 | -€354,368 | -89.2% |
| Remuneration, social security and pensions | 62 | €1,093,088 | €1,139,295 | +€46,207 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,698 | €39,832 | -€2,866 | -6.7% |
| Other operating charges | 640/8 | €1,927 | €2,956 | +€1,029 | +53.4% |
| Non-recurring operating charges | 66A | €2,341 | €96 | -€2,245 | -95.9% |
| Gross operating margin | 9900 | €1,295,353 | €1,126,744 | -€168,609 | -13.0% |
| Operating profit (loss) | 9901 | €155,299 | -€55,435 | -€210,734 | |
| Financial income | 75/76B | €589 | €179 | -€409 | -69.5% |
| Recurring financial income | 75 | €589 | €179 | -€409 | -69.5% |
| Financial charges | 65/66B | €1,976 | €1,863 | -€113 | -5.7% |
| Recurring financial charges | 65 | €1,976 | €1,863 | -€113 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €153,911 | -€57,119 | -€211,030 | |
| Profit (loss) for the period | 9904 | €153,911 | -€57,119 | -€211,030 | |
| Profit (loss) for the period to be appropriated | 9905 | €153,911 | -€57,119 | -€211,030 |
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 14 October 2026 via checked.be.