TRIVAN: 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.
TRIVAN
Largest movements
- Tangible fixed assets +€29,601
up €29,601 (+171.5%), from €17,262 to €46,863
- Cash -€19,666
down €19,666 (-38.4%), from €51,191 to €31,525
mainly Contributions, distributions and other (-€44,838) and Investment in fixed assets (net) (-€42,171)
- Reserves +€74,009
up €74,009 (+20.2%), from €366,411 to €440,420
of which Distributable reserves: +€74,009
- Other debts -€34,737
down €34,737 (-44.8%), from €77,552 to €42,815
- Debts after one year -€23,851
down €23,851 (-32.8%), from €72,631 to €48,780
- Current portion of long-term debt -€20,411
down €20,411 (-46.1%), from €44,262 to €23,851
- Tax, wage and social debts +€15,706
up €15,706 (+55.5%), from €28,314 to €44,020
- Gross operating margin +€8,667
up €8,667 (+7.3%), from €119,079 to €127,746
- Depreciation +€4,133
up €4,133 (+49.0%), from €8,437 to €12,570
- Financial income +€2,321
up €2,321 (+5.0%), from €46,675 to €48,996
- Taxes +€1,791
up €1,791 (+4.4%), from €41,016 to €42,807
- Other operating charges +€1,763
up €1,763 (+145.6%), from €1,211 to €2,974
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 | €605,952 | €614,267 | +€8,315 | +1.4% |
| Fixed assets | 21/28 | €437,262 | €466,863 | +€29,601 | +6.8% |
| Tangible fixed assets | 22/27 | €17,262 | €46,863 | +€29,601 | +171.5% |
| Furniture and vehicles | 24 | €17,262 | €46,863 | +€29,601 | +171.5% |
| Financial fixed assets | 28 | €420,000 | €420,000 | = | 0.0% |
| Current assets | 29/58 | €168,690 | €147,404 | -€21,286 | -12.6% |
| Amounts receivable within one year | 40/41 | €17,499 | €15,879 | -€1,620 | -9.3% |
| Trade receivables | 40 | €17,499 | €15,879 | -€1,620 | -9.3% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €51,191 | €31,525 | -€19,666 | -38.4% |
| Total equity and liabilities | 10/49 | €605,952 | €614,267 | +€8,315 | +1.4% |
| Equity | 10/15 | €380,878 | €453,220 | +€72,342 | +19.0% |
| Contributions | 10/11 | €7,700 | €7,700 | = | 0.0% |
| Reserves | 13 | €366,411 | €440,420 | +€74,009 | +20.2% |
| Non-distributable reserves | 130/1 | €1,203 | €1,203 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,203 | €1,203 | = | 0.0% |
| Tax-exempt reserves | 132 | €141 | €141 | = | 0.0% |
| Distributable reserves | 133 | €365,067 | €439,076 | +€74,009 | +20.3% |
| Profit (loss) carried forward | 14 | €6,767 | €5,100 | -€1,667 | -24.6% |
| Amounts payable | 17/49 | €225,074 | €161,047 | -€64,027 | -28.4% |
| Amounts payable after more than one year | 17 | €72,631 | €48,780 | -€23,851 | -32.8% |
| Financial debts | 170/4 | €72,631 | €48,780 | -€23,851 | -32.8% |
| Amounts payable within one year | 42/48 | €150,610 | €111,049 | -€39,561 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €44,262 | €23,851 | -€20,411 | -46.1% |
| Trade debts | 44 | €482 | €363 | -€119 | -24.7% |
| Suppliers | 440/4 | €482 | €363 | -€119 | -24.7% |
| Taxes, remuneration and social security | 45 | €28,314 | €44,020 | +€15,706 | +55.5% |
| Taxes | 450/3 | €28,314 | €44,020 | +€15,706 | +55.5% |
| Other amounts payable | 47/48 | €77,552 | €42,815 | -€34,737 | -44.8% |
| Accrued charges and deferred income | 492/3 | €1,833 | €1,218 | -€615 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,437 | €12,570 | +€4,133 | +49.0% |
| Other operating charges | 640/8 | €1,211 | €2,974 | +€1,763 | +145.6% |
| Gross operating margin | 9900 | €119,079 | €127,746 | +€8,667 | +7.3% |
| Operating profit (loss) | 9901 | €109,431 | €112,202 | +€2,771 | +2.5% |
| Financial income | 75/76B | €46,675 | €48,996 | +€2,321 | +5.0% |
| Recurring financial income | 75 | €46,675 | €48,996 | +€2,321 | +5.0% |
| Financial charges | 65/66B | €1,899 | €1,211 | -€688 | -36.2% |
| Recurring financial charges | 65 | €1,899 | €1,211 | -€688 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €154,207 | €159,987 | +€5,780 | +3.7% |
| Income taxes | 67/77 | €41,016 | €42,807 | +€1,791 | +4.4% |
| Profit (loss) for the period | 9904 | €113,191 | €117,180 | +€3,989 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €113,191 | €117,180 | +€3,989 | +3.5% |
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 29 September 2026 via checked.be.