TRITON: 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.
TRITON
Largest movements
- Tangible fixed assets +€139,739
up €139,739 (+23.2%), from €601,271 to €741,010
of which Land and buildings: +€139,319
- Cash -€66,783
down €66,783 (-65.1%), from €102,516 to €35,733
mainly Investment in fixed assets (net) (-€192,828) and Debts after one year (-€3,692)
- Reserves +€70,755
up €70,755 (+22.9%), from €308,364 to €379,119
of which Distributable reserves: +€70,755
- Gross operating margin +€17,535
up €17,535 (+11.7%), from €150,120 to €167,655
- Depreciation +€5,891
up €5,891 (+12.5%), from €47,198 to €53,088
- Taxes +€4,154
up €4,154 (+15.8%), from €26,310 to €30,464
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 | €739,614 | €817,908 | +€78,295 | +10.6% |
| Fixed assets | 21/28 | €601,271 | €741,010 | +€139,739 | +23.2% |
| Tangible fixed assets | 22/27 | €601,271 | €741,010 | +€139,739 | +23.2% |
| Land and buildings | 22 | €593,191 | €732,510 | +€139,319 | +23.5% |
| Plant, machinery and equipment | 23 | - | €1,979 | +€1,979 | |
| Furniture and vehicles | 24 | €8,080 | €6,521 | -€1,559 | -19.3% |
| Current assets | 29/58 | €138,343 | €76,898 | -€61,445 | -44.4% |
| Amounts receivable within one year | 40/41 | €32,938 | €35,424 | +€2,486 | +7.5% |
| Trade receivables | 40 | €30,788 | €33,154 | +€2,366 | +7.7% |
| Other amounts receivable | 41 | €2,150 | €2,270 | +€120 | +5.6% |
| Cash at bank and in hand | 54/58 | €102,516 | €35,733 | -€66,783 | -65.1% |
| Deferred charges and accrued income | 490/1 | €2,888 | €5,740 | +€2,852 | +98.7% |
| Total equity and liabilities | 10/49 | €739,614 | €817,908 | +€78,295 | +10.6% |
| Equity | 10/15 | €367,998 | €438,754 | +€70,756 | +19.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €308,364 | €379,119 | +€70,755 | +22.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €306,504 | €377,259 | +€70,755 | +23.1% |
| Profit (loss) carried forward | 14 | €47,234 | €47,235 | +€1 | 0.0% |
| Amounts payable | 17/49 | €371,616 | €379,155 | +€7,539 | +2.0% |
| Amounts payable after more than one year | 17 | €324,592 | €320,900 | -€3,692 | -1.1% |
| Financial debts | 170/4 | €324,592 | €320,900 | -€3,692 | -1.1% |
| Amounts payable within one year | 42/48 | €42,632 | €54,152 | +€11,520 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €20,355 | €20,852 | +€497 | +2.4% |
| Trade debts | 44 | €5,755 | €11,402 | +€5,647 | +98.1% |
| Suppliers | 440/4 | €5,755 | €11,402 | +€5,647 | +98.1% |
| Taxes, remuneration and social security | 45 | €16,522 | €21,898 | +€5,376 | +32.5% |
| Taxes | 450/3 | €16,522 | €18,362 | +€1,839 | +11.1% |
| Remuneration and social security | 454/9 | - | €3,537 | +€3,537 | |
| Accrued charges and deferred income | 492/3 | €4,392 | €4,103 | -€289 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,198 | €53,088 | +€5,891 | +12.5% |
| Other operating charges | 640/8 | €3,737 | €4,073 | +€336 | +9.0% |
| Gross operating margin | 9900 | €150,120 | €167,655 | +€17,535 | +11.7% |
| Operating profit (loss) | 9901 | €99,185 | €110,493 | +€11,308 | +11.4% |
| Financial charges | 65/66B | €10,141 | €9,273 | -€868 | -8.6% |
| Recurring financial charges | 65 | €10,141 | €9,273 | -€868 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €89,044 | €101,220 | +€12,176 | +13.7% |
| Income taxes | 67/77 | €26,310 | €30,464 | +€4,154 | +15.8% |
| Profit (loss) for the period | 9904 | €62,734 | €70,756 | +€8,022 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,734 | €70,756 | +€8,022 | +12.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.