TRITON PROJECTS: 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 PROJECTS
Largest movements
- Receivables within one year +€22,164
new in 2024: €22,164
of which Trade receivables: +€22,164
- Cash +€5,045
up €5,045 (+170.2%), from €2,965 to €8,010
mainly Depreciation (+€47,345) and Advances received (+€38,202)
- Tangible fixed assets +€5,041
up €5,041 (+1.8%), from €281,784 to €286,825
of which Furniture and vehicles: +€17,635
- Advances received +€38,202
new in 2024: €38,202
- Debts after one year +€36,497
new in 2024: €36,497
- Profit (loss) carried forward -€16,766
down €16,766 (-10.6%), from -€158,124 to -€174,891
- Tax, wage and social debts -€14,537
down €14,537 (-34.3%), from €42,407 to €27,870
- Other debts -€11,430
down €11,430 (-3.5%), from €327,691 to €316,261
- Gross operating margin +€48,694
up €48,694, from -€14,768 to €33,926
- Taxes -€24,216
no longer reported in 2024 (was €24,216)
- Depreciation +€12,672
up €12,672 (+36.5%), from €34,673 to €47,345
- Financial charges -€946
down €946 (-51.7%), from €1,830 to €884
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €284,749 | €316,999 | +€32,250 | +11.3% |
| Fixed assets | 21/28 | €281,784 | €286,825 | +€5,041 | +1.8% |
| Tangible fixed assets | 22/27 | €281,784 | €286,825 | +€5,041 | +1.8% |
| Land and buildings | 22 | €268,605 | €244,553 | -€24,053 | -9.0% |
| Plant, machinery and equipment | 23 | €8,316 | €19,775 | +€11,459 | +137.8% |
| Furniture and vehicles | 24 | €4,862 | €22,497 | +€17,635 | +362.7% |
| Current assets | 29/58 | €2,965 | €30,174 | +€27,209 | +917.7% |
| Amounts receivable within one year | 40/41 | - | €22,164 | +€22,164 | |
| Trade receivables | 40 | - | €22,164 | +€22,164 | |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €2,965 | €8,010 | +€5,045 | +170.2% |
| Total equity and liabilities | 10/49 | €284,749 | €316,999 | +€32,250 | +11.3% |
| Equity | 10/15 | -€98,664 | -€115,430 | -€16,766 | -17.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €40,868 | €40,868 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,009 | €39,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€158,124 | -€174,891 | -€16,766 | -10.6% |
| Amounts payable | 17/49 | €383,412 | €432,429 | +€49,017 | +12.8% |
| Amounts payable after more than one year | 17 | - | €36,497 | +€36,497 | |
| Other amounts payable | 178/9 | - | €36,497 | +€36,497 | |
| Amounts payable within one year | 42/48 | €383,412 | €395,932 | +€12,520 | +3.3% |
| Trade debts | 44 | €13,314 | €13,600 | +€286 | +2.1% |
| Suppliers | 440/4 | €13,314 | €13,600 | +€286 | +2.1% |
| Advances received on contracts in progress | 46 | - | €38,202 | +€38,202 | |
| Taxes, remuneration and social security | 45 | €42,407 | €27,870 | -€14,537 | -34.3% |
| Taxes | 450/3 | €42,407 | €27,870 | -€14,537 | -34.3% |
| Other amounts payable | 47/48 | €327,691 | €316,261 | -€11,430 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,673 | €47,345 | +€12,672 | +36.5% |
| Other operating charges | 640/8 | €2,353 | €2,464 | +€111 | +4.7% |
| Gross operating margin | 9900 | -€14,768 | €33,926 | +€48,694 | |
| Operating profit (loss) | 9901 | -€51,794 | -€15,883 | +€35,912 | +69.3% |
| Financial charges | 65/66B | €1,830 | €884 | -€946 | -51.7% |
| Recurring financial charges | 65 | €1,830 | €884 | -€946 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | -€53,624 | -€16,766 | +€36,857 | +68.7% |
| Income taxes | 67/77 | €24,216 | - | -€24,216 | |
| Profit (loss) for the period | 9904 | -€77,840 | -€16,766 | +€61,073 | +78.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,840 | -€16,766 | +€61,073 | +78.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.