TRIVAMA: 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.
TRIVAMA
Largest movements
- Tangible fixed assets -€36,660
down €36,660 (-9.9%), from €371,720 to €335,060
- Cash -€5,316
down €5,316 (-21.1%), from €25,234 to €19,918
mainly Debts after one year (-€29,800) and Other debts (-€9,153)
- Debts after one year -€29,800
down €29,800 (-15.0%), from €198,440 to €168,640
- Other debts -€9,153
down €9,153 (-29.1%), from €31,474 to €22,320
- Gross operating margin -€4,015
down €4,015 (-7.1%), from €56,884 to €52,869
- Taxes +€1,127
up €1,127 (+154.8%), from €728 to €1,854
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 | €399,016 | €356,560 | -€42,456 | -10.6% |
| Fixed assets | 21/28 | €371,720 | €335,060 | -€36,660 | -9.9% |
| Tangible fixed assets | 22/27 | €371,720 | €335,060 | -€36,660 | -9.9% |
| Land and buildings | 22 | €371,720 | €335,060 | -€36,660 | -9.9% |
| Current assets | 29/58 | €27,295 | €21,500 | -€5,796 | -21.2% |
| Amounts receivable within one year | 40/41 | €1,210 | €724 | -€486 | -40.1% |
| Other amounts receivable | 41 | €1,210 | €724 | -€486 | -40.1% |
| Cash at bank and in hand | 54/58 | €25,234 | €19,918 | -€5,316 | -21.1% |
| Deferred charges and accrued income | 490/1 | €852 | €858 | +€7 | +0.8% |
| Total equity and liabilities | 10/49 | €399,016 | €356,560 | -€42,456 | -10.6% |
| Equity | 10/15 | €118,415 | €116,597 | -€1,818 | -1.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €56,415 | €54,597 | -€1,818 | -3.2% |
| Tax-exempt reserves | 132 | €45,435 | €42,204 | -€3,231 | -7.1% |
| Distributable reserves | 133 | €10,980 | €12,393 | +€1,413 | +12.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €15,145 | €14,068 | -€1,077 | -7.1% |
| Deferred taxes | 168 | €15,145 | €14,068 | -€1,077 | -7.1% |
| Amounts payable | 17/49 | €265,455 | €225,895 | -€39,560 | -14.9% |
| Amounts payable after more than one year | 17 | €198,440 | €168,640 | -€29,800 | -15.0% |
| Financial debts | 170/4 | €198,440 | €168,640 | -€29,800 | -15.0% |
| Amounts payable within one year | 42/48 | €62,923 | €53,266 | -€9,657 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €29,276 | €29,800 | +€524 | +1.8% |
| Trade debts | 44 | €1,736 | €1,146 | -€590 | -34.0% |
| Suppliers | 440/4 | €1,736 | €1,146 | -€590 | -34.0% |
| Taxes, remuneration and social security | 45 | €437 | €0 | -€437 | -100.0% |
| Taxes | 450/3 | €437 | €0 | -€437 | -100.0% |
| Other amounts payable | 47/48 | €31,474 | €22,320 | -€9,153 | -29.1% |
| Accrued charges and deferred income | 492/3 | €4,093 | €3,989 | -€104 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,660 | €36,660 | -€0 | 0.0% |
| Other operating charges | 640/8 | €8,744 | €9,048 | +€304 | +3.5% |
| Gross operating margin | 9900 | €56,884 | €52,869 | -€4,015 | -7.1% |
| Operating profit (loss) | 9901 | €11,480 | €7,161 | -€4,319 | -37.6% |
| Financial charges | 65/66B | €7,094 | €6,536 | -€558 | -7.9% |
| Recurring financial charges | 65 | €7,094 | €6,536 | -€558 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €4,386 | €625 | -€3,762 | -85.8% |
| Transfer from deferred taxes | 780 | €1,077 | €1,077 | = | 0.0% |
| Income taxes | 67/77 | €728 | €1,854 | +€1,127 | +154.8% |
| Profit (loss) for the period | 9904 | €4,736 | -€152 | -€4,888 | |
| Transfer from tax-exempt reserves | 789 | €3,231 | €3,231 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,967 | €3,079 | -€4,888 | -61.4% |
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.