@trium: 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.
What changed
@trium
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€495,495
2024 · €261,948+€233,547
Equity
€361,776
2024 · €166,281+€195,495
Cash
€18,842
2024 · €12,761+€6,081
Balance sheet total
€1.8m
2024 · €1.5m+€291,301
Largest movements
Assets
- Receivables within one year +€174,962
up €174,962 (+20.0%), from €875,162 to €1.1m
of which Other amounts receivable: +€144,706
- Financial fixed assets +€120,000
up €120,000 (+23.4%), from €513,457 to €633,457
Equity and liabilities
- Other debts +€200,000
up €200,000 (+200.0%), from €100,000 to €300,000
- Profit (loss) carried forward +€195,495
up €195,495 (+145.4%), from €134,476 to €329,971
- Short-term financial debts +€58,837
up €58,837 (+39.7%), from €148,025 to €206,862
- Debts after one year -€58,660
down €58,660 (-12.4%), from €472,059 to €413,399
- Accrued charges and deferred income -€46,824
down €46,824 (-65.2%), from €71,793 to €24,969
Income statement
- Gross operating margin +€305,505
up €305,505 (+26.4%), from €1.2m to €1.5m
- Taxes +€65,657
up €65,657 (+157.6%), from €41,674 to €107,331
- Write-downs +€36,604
up €36,604, from -€5,342 to €31,263
- Staff costs -€29,244
down €29,244 (-3.8%), from €774,148 to €744,905
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.
Result 2024
€261,948
Gross operating margin
+€305,505
Staff costs
+€29,244
Depreciation
-€2,165
Write-downs
-€36,604
Other operating charges
+€2,547
Financial income
-€2,401
Financial charges
+€3,078
Taxes
-€65,657
Result 2025
€495,495
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.
From operations
+€494,398
Investment
-€167,472
Financing
-€320,844
Cash 2024
€12,761
From operations (derived)
+€494,398
Net result for the year
+€495,495
Depreciation
+€42,335
Receivables within one year
-€174,962
Deferred charges and accrued income
+€14,880
Trade debts
-€10,618
Tax, wage and social debts
-€25,909
Other debts
+€200,000
Accrued charges and deferred income
-€46,824
Investment (derived)
-€167,472
Investment in fixed assets (net)
-€167,472
Financing
-€320,844
Debts after one year
-€58,660
Current portion of long-term debt
-€21,021
Short-term financial debts
+€58,837
Contributions, distributions and other
-€300,000
Cash 2025
€18,842
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,539,525 | €1,830,826 | +€291,301 | +18.9% |
| Fixed assets | 21/28 | €607,099 | €732,236 | +€125,137 | +20.6% |
| Intangible fixed assets | 21 | €26,155 | €14,678 | -€11,477 | -43.9% |
| Tangible fixed assets | 22/27 | €67,486 | €84,100 | +€16,614 | +24.6% |
| Land and buildings | 22 | €550 | €0 | -€550 | -100.0% |
| Plant, machinery and equipment | 23 | €0 | €12,766 | +€12,766 | |
| Furniture and vehicles | 24 | €48,111 | €32,075 | -€16,036 | -33.3% |
| Leasing and similar rights | 25 | - | €29,058 | +€29,058 | |
| Other tangible fixed assets | 26 | €18,825 | €10,201 | -€8,624 | -45.8% |
| Financial fixed assets | 28 | €513,457 | €633,457 | +€120,000 | +23.4% |
| Current assets | 29/58 | €932,426 | €1,098,590 | +€166,164 | +17.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €875,162 | €1,050,124 | +€174,962 | +20.0% |
| Trade receivables | 40 | €441,593 | €471,849 | +€30,256 | +6.9% |
| Other amounts receivable | 41 | €433,569 | €578,276 | +€144,706 | +33.4% |
| Cash at bank and in hand | 54/58 | €12,761 | €18,842 | +€6,081 | +47.7% |
| Deferred charges and accrued income | 490/1 | €44,503 | €29,624 | -€14,880 | -33.4% |
| Total equity and liabilities | 10/49 | €1,539,525 | €1,830,826 | +€291,301 | +18.9% |
| Equity | 10/15 | €166,281 | €361,776 | +€195,495 | +117.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,205 | €13,205 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,345 | €11,345 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,476 | €329,971 | +€195,495 | +145.4% |
| Amounts payable | 17/49 | €1,373,244 | €1,469,050 | +€95,805 | +7.0% |
| Amounts payable after more than one year | 17 | €472,059 | €413,399 | -€58,660 | -12.4% |
| Financial debts | 170/4 | €472,059 | €413,399 | -€58,660 | -12.4% |
| Amounts payable within one year | 42/48 | €829,392 | €1,030,681 | +€201,289 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €98,481 | €77,460 | -€21,021 | -21.3% |
| Financial debts | 43 | €148,025 | €206,862 | +€58,837 | +39.7% |
| Credit institutions | 430/8 | €148,025 | €206,862 | +€58,837 | +39.7% |
| Trade debts | 44 | €327,180 | €316,563 | -€10,618 | -3.2% |
| Suppliers | 440/4 | €327,180 | €316,563 | -€10,618 | -3.2% |
| Taxes, remuneration and social security | 45 | €155,706 | €129,797 | -€25,909 | -16.6% |
| Taxes | 450/3 | €55,747 | €39,507 | -€16,241 | -29.1% |
| Remuneration and social security | 454/9 | €99,958 | €90,290 | -€9,668 | -9.7% |
| Other amounts payable | 47/48 | €100,000 | €300,000 | +€200,000 | +200.0% |
| Accrued charges and deferred income | 492/3 | €71,793 | €24,969 | -€46,824 | -65.2% |
| Non-recurring operating income | 76A | €2,820 | €11,495 | +€8,674 | +307.6% |
| Remuneration, social security and pensions | 62 | €774,148 | €744,905 | -€29,244 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,170 | €42,335 | +€2,165 | +5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,342 | €31,263 | +€36,604 | |
| Other operating charges | 640/8 | €26,139 | €23,592 | -€2,547 | -9.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,159,052 | €1,464,557 | +€305,505 | +26.4% |
| Operating profit (loss) | 9901 | €323,936 | €622,464 | +€298,528 | +92.2% |
| Financial income | 75/76B | €16,147 | €13,746 | -€2,401 | -14.9% |
| Recurring financial income | 75 | €16,147 | €13,746 | -€2,401 | -14.9% |
| Financial charges | 65/66B | €36,461 | €33,383 | -€3,078 | -8.4% |
| Recurring financial charges | 65 | €36,461 | €33,383 | -€3,078 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €303,622 | €602,826 | +€299,205 | +98.5% |
| Income taxes | 67/77 | €41,674 | €107,331 | +€65,657 | +157.6% |
| Profit (loss) for the period | 9904 | €261,948 | €495,495 | +€233,547 | +89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €261,948 | €495,495 | +€233,547 | +89.2% |
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 29 September 2026 via checked.be.