TRIVAS: what changed
Two financial 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.
TRIVAS
Largest movements
- Cash -€60,847
down €60,847 (-18.9%), from €322,042 to €261,195
mainly Other debts (-€94,057) and Investment in fixed assets (net) (-€76,279)
- Tangible fixed assets +€29,295
up €29,295 (+37.1%), from €79,036 to €108,332
of which Other tangible fixed assets: +€43,254
- Stocks and contracts -€19,525
down €19,525 (-14.5%), from €134,552 to €115,026
- Current investments +€9,999
up €9,999 (+13.6%), from €73,776 to €83,774
- Other debts -€94,057
down €94,057 (-86.2%), from €109,053 to €14,996
- Reserves +€73,963
up €73,963 (+15.7%), from €470,644 to €544,607
- Trade debts -€30,043
down €30,043 (-17.5%), from €171,549 to €141,505
- Accrued charges and deferred income +€20,702
up €20,702 (+148%), from €13,968 to €34,670
- Tax, wage and social debts +€20,454
up €20,454 (+28.3%), from €72,375 to €92,830
of which Remuneration and social security: +€33,697
- Gross operating margin -€46,147
down €46,147 (-8.8%), from €525,959 to €479,812
- Staff costs +€33,669
up €33,669 (+12.0%), from €281,477 to €315,146
- Taxes -€18,118
down €18,118 (-43.8%), from €41,339 to €23,221
- Financial charges +€8,500
up €8,500 (+38.1%), from €22,285 to €30,785
- Financial income +€5,287
up €5,287 (+53.3%), from €9,921 to €15,208
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.
Derived cash bridge
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 | €902,322 | €865,725 | -€36,596 | -4.1% |
| Fixed assets | 21/28 | €79,424 | €108,357 | +€28,932 | +36.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €79,036 | €108,332 | +€29,295 | +37.1% |
| Plant, machinery and equipment | 23 | €49,834 | €36,632 | -€13,203 | -26.5% |
| Furniture and vehicles | 24 | €5,449 | €4,693 | -€756 | -13.9% |
| Other tangible fixed assets | 26 | €23,753 | €67,007 | +€43,254 | +182% |
| Financial fixed assets | 28 | €388 | €25 | -€363 | -93.6% |
| Current assets | 29/58 | €822,897 | €757,369 | -€65,529 | -8.0% |
| Amounts receivable after more than one year | 29 | €240,000 | €240,000 | = | 0.0% |
| Other amounts receivable | 291 | €240,000 | €240,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €134,552 | €115,026 | -€19,525 | -14.5% |
| Stocks | 30/36 | €134,552 | €115,026 | -€19,525 | -14.5% |
| Amounts receivable within one year | 40/41 | €46,402 | €43,406 | -€2,996 | -6.5% |
| Trade receivables | 40 | €13,405 | €8,329 | -€5,077 | -37.9% |
| Other amounts receivable | 41 | €32,997 | €35,077 | +€2,081 | +6.3% |
| Current investments | 50/53 | €73,776 | €83,774 | +€9,999 | +13.6% |
| Cash at bank and in hand | 54/58 | €322,042 | €261,195 | -€60,847 | -18.9% |
| Deferred charges and accrued income | 490/1 | €6,126 | €13,967 | +€7,840 | +128% |
| Total equity and liabilities | 10/49 | €902,322 | €865,725 | -€36,596 | -4.1% |
| Equity | 10/15 | €471,644 | €545,607 | +€73,963 | +15.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €470,644 | €544,607 | +€73,963 | +15.7% |
| Distributable reserves | 133 | €470,644 | €544,607 | +€73,963 | +15.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €430,677 | €320,118 | -€110,559 | -25.7% |
| Amounts payable after more than one year | 17 | €36,117 | €19,615 | -€16,502 | -45.7% |
| Financial debts | 170/4 | €36,117 | €19,615 | -€16,502 | -45.7% |
| Amounts payable within one year | 42/48 | €380,592 | €265,833 | -€114,759 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €27,616 | €16,502 | -€11,113 | -40.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €171,549 | €141,505 | -€30,043 | -17.5% |
| Suppliers | 440/4 | €171,549 | €141,505 | -€30,043 | -17.5% |
| Taxes, remuneration and social security | 45 | €72,375 | €92,830 | +€20,454 | +28.3% |
| Taxes | 450/3 | €33,785 | €20,542 | -€13,242 | -39.2% |
| Remuneration and social security | 454/9 | €38,591 | €72,287 | +€33,697 | +87.3% |
| Other amounts payable | 47/48 | €109,053 | €14,996 | -€94,057 | -86.2% |
| Accrued charges and deferred income | 492/3 | €13,968 | €34,670 | +€20,702 | +148% |
| Remuneration, social security and pensions | 62 | €281,477 | €315,146 | +€33,669 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,873 | €47,347 | +€473 | +1.0% |
| Other operating charges | 640/8 | €2,650 | €4,558 | +€1,907 | +72.0% |
| Gross operating margin | 9900 | €525,959 | €479,812 | -€46,147 | -8.8% |
| Operating profit (loss) | 9901 | €194,958 | €112,762 | -€82,196 | -42.2% |
| Financial income | 75/76B | €9,921 | €15,208 | +€5,287 | +53.3% |
| Recurring financial income | 75 | €9,921 | €15,208 | +€5,287 | +53.3% |
| Financial charges | 65/66B | €22,285 | €30,785 | +€8,500 | +38.1% |
| Recurring financial charges | 65 | €22,285 | €30,785 | +€8,500 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | €182,593 | €97,184 | -€85,409 | -46.8% |
| Income taxes | 67/77 | €41,339 | €23,221 | -€18,118 | -43.8% |
| Profit (loss) for the period | 9904 | €141,254 | €73,963 | -€67,291 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €141,254 | €73,963 | -€67,291 | -47.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.