TRIXOR: 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.
TRIXOR
Largest movements
- Cash +€54,522
up €54,522 (+105.8%), from €51,543 to €106,065
mainly Net result for the year (+€47,552) and Depreciation (+€8,005)
- Tangible fixed assets -€4,359
down €4,359 (-15.4%), from €28,274 to €23,915
- Receivables within one year -€1,992
down €1,992 (-14.7%), from €13,589 to €11,597
of which Trade receivables: -€3,461
- Reserves +€47,000
up €47,000 (+61.4%), from €76,600 to €123,600
- Gross operating margin -€2,599
down €2,599 (-3.2%), from €81,423 to €78,824
- Taxes -€1,087
down €1,087 (-4.6%), from €23,457 to €22,370
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 | €96,040 | €144,334 | +€48,294 | +50.3% |
| Fixed assets | 21/28 | €28,274 | €23,915 | -€4,359 | -15.4% |
| Tangible fixed assets | 22/27 | €28,274 | €23,915 | -€4,359 | -15.4% |
| Furniture and vehicles | 24 | €28,274 | €23,915 | -€4,359 | -15.4% |
| Current assets | 29/58 | €67,766 | €120,419 | +€52,653 | +77.7% |
| Amounts receivable within one year | 40/41 | €13,589 | €11,597 | -€1,992 | -14.7% |
| Trade receivables | 40 | €13,111 | €9,650 | -€3,461 | -26.4% |
| Other amounts receivable | 41 | €478 | €1,947 | +€1,469 | +307.5% |
| Cash at bank and in hand | 54/58 | €51,543 | €106,065 | +€54,522 | +105.8% |
| Deferred charges and accrued income | 490/1 | €2,634 | €2,757 | +€123 | +4.7% |
| Total equity and liabilities | 10/49 | €96,040 | €144,334 | +€48,294 | +50.3% |
| Equity | 10/15 | €89,154 | €136,706 | +€47,552 | +53.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €76,600 | €123,600 | +€47,000 | +61.4% |
| Distributable reserves | 133 | €76,600 | €123,600 | +€47,000 | +61.4% |
| Profit (loss) carried forward | 14 | €11,554 | €12,106 | +€552 | +4.8% |
| Amounts payable | 17/49 | €6,886 | €7,628 | +€742 | +10.8% |
| Amounts payable within one year | 42/48 | €6,820 | €7,561 | +€741 | +10.9% |
| Trade debts | 44 | €545 | €692 | +€148 | +27.1% |
| Suppliers | 440/4 | €545 | €692 | +€148 | +27.1% |
| Taxes, remuneration and social security | 45 | €5,457 | €6,869 | +€1,412 | +25.9% |
| Taxes | 450/3 | €5,457 | €6,869 | +€1,412 | +25.9% |
| Other amounts payable | 47/48 | €819 | - | -€819 | |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,489 | €8,005 | +€515 | +6.9% |
| Other operating charges | 640/8 | €660 | €685 | +€25 | +3.7% |
| Gross operating margin | 9900 | €81,423 | €78,824 | -€2,599 | -3.2% |
| Operating profit (loss) | 9901 | €73,274 | €70,135 | -€3,139 | -4.3% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €199 | €233 | +€34 | +17.2% |
| Recurring financial charges | 65 | €199 | €233 | +€34 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €73,076 | €69,922 | -€3,154 | -4.3% |
| Income taxes | 67/77 | €23,457 | €22,370 | -€1,087 | -4.6% |
| Profit (loss) for the period | 9904 | €49,619 | €47,552 | -€2,067 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,619 | €47,552 | -€2,067 | -4.2% |
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 11 October 2026 via checked.be.