TRIWAY: 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.
TRIWAY
Largest movements
- Receivables within one year +€26,810
up €26,810 (+577%), from €4,649 to €31,459
of which Other amounts receivable: +€17,786
- Tangible fixed assets -€25,924
no longer reported in 2025 (was €25,924)
of which Other tangible fixed assets: -€24,586
- Cash -€3,218
down €3,218 (-7.9%), from €40,577 to €37,359
mainly Receivables within one year (-€26,810) and Other debts (-€13,309)
- Other debts -€13,309
down €13,309 (-47.8%), from €27,816 to €14,507
- Reserves +€7,125
up €7,125 (+24.2%), from €29,408 to €36,533
of which Distributable reserves: +€7,125
- Tax, wage and social debts +€3,178
up €3,178 (+273%), from €1,166 to €4,344
- Trade debts +€735
up €735 (+67.1%), from €1,095 to €1,830
- Depreciation -€3,783
no longer reported in 2025 (was €3,783)
- Gross operating margin +€1,878
up €1,878 (+16.6%), from €11,330 to €13,207
- Financial charges -€1,378
down €1,378 (-93.5%), from €1,474 to €96
- Other operating charges +€595
up €595 (+51.5%), from €1,154 to €1,749
- Taxes -€396
down €396 (-15.3%), from €2,591 to €2,195
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 | €71,350 | €69,106 | -€2,244 | -3.1% |
| Fixed assets | 21/28 | €26,124 | €200 | -€25,924 | -99.2% |
| Tangible fixed assets | 22/27 | €25,924 | - | -€25,924 | |
| Plant, machinery and equipment | 23 | €73 | - | -€73 | |
| Furniture and vehicles | 24 | €1,265 | - | -€1,265 | |
| Other tangible fixed assets | 26 | €24,586 | - | -€24,586 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €45,226 | €68,906 | +€23,680 | +52.4% |
| Amounts receivable within one year | 40/41 | €4,649 | €31,459 | +€26,810 | +577% |
| Trade receivables | 40 | €4,649 | €13,673 | +€9,024 | +194% |
| Other amounts receivable | 41 | - | €17,786 | +€17,786 | |
| Cash at bank and in hand | 54/58 | €40,577 | €37,359 | -€3,218 | -7.9% |
| Deferred charges and accrued income | 490/1 | - | €88 | +€88 | |
| Total equity and liabilities | 10/49 | €71,350 | €69,106 | -€2,244 | -3.1% |
| Equity | 10/15 | €36,550 | €43,675 | +€7,125 | +19.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,408 | €36,533 | +€7,125 | +24.2% |
| Tax-exempt reserves | 132 | €3,348 | €3,348 | = | 0.0% |
| Distributable reserves | 133 | €26,060 | €33,185 | +€7,125 | +27.3% |
| Profit (loss) carried forward | 14 | €942 | €942 | +€0 | 0.0% |
| Provisions and deferred taxes | 16 | €1,724 | €1,724 | = | 0.0% |
| Deferred taxes | 168 | €1,724 | €1,724 | = | 0.0% |
| Amounts payable | 17/49 | €33,076 | €23,707 | -€9,369 | -28.3% |
| Amounts payable within one year | 42/48 | €30,076 | €20,681 | -€9,396 | -31.2% |
| Trade debts | 44 | €1,095 | €1,830 | +€735 | +67.1% |
| Suppliers | 440/4 | €1,095 | €1,830 | +€735 | +67.1% |
| Taxes, remuneration and social security | 45 | €1,166 | €4,344 | +€3,178 | +273% |
| Taxes | 450/3 | €1,166 | €4,344 | +€3,178 | +273% |
| Other amounts payable | 47/48 | €27,816 | €14,507 | -€13,309 | -47.8% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,026 | +€26 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,783 | - | -€3,783 | |
| Other operating charges | 640/8 | €1,154 | €1,749 | +€595 | +51.5% |
| Non-recurring operating charges | 66A | - | €2,449 | +€2,449 | |
| Gross operating margin | 9900 | €11,330 | €13,207 | +€1,878 | +16.6% |
| Operating profit (loss) | 9901 | €6,392 | €9,009 | +€2,617 | +40.9% |
| Financial income | 75/76B | €47 | €408 | +€360 | +760% |
| Recurring financial income | 75 | €47 | €408 | +€360 | +760% |
| Financial charges | 65/66B | €1,474 | €96 | -€1,378 | -93.5% |
| Recurring financial charges | 65 | €1,474 | €96 | -€1,378 | -93.5% |
| Profit (loss) for the period before taxes | 9903 | €4,965 | €9,321 | +€4,355 | +87.7% |
| Income taxes | 67/77 | €2,591 | €2,195 | -€396 | -15.3% |
| Profit (loss) for the period | 9904 | €2,374 | €7,125 | +€4,751 | +200% |
| Profit (loss) for the period to be appropriated | 9905 | €2,374 | €7,125 | +€4,751 | +200% |
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.