TRIZAN: 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.
TRIZAN
Largest movements
- Tangible fixed assets +€37,274
up €37,274 (+462.7%), from €8,056 to €45,330
of which Land and buildings: +€36,370
- Stocks and contracts +€28,385
up €28,385 (+45.6%), from €62,213 to €90,598
- Receivables after one year -€25,600
down €25,600 (-22.8%), from €112,411 to €86,811
- Receivables within one year +€6,220
up €6,220 (+29.4%), from €21,149 to €27,369
of which Other amounts receivable: +€6,072
- Deferred charges and accrued income +€4,631
up €4,631 (+10915.6%), from €42 to €4,674
- Debts after one year +€23,339
up €23,339 (+179.2%), from €13,022 to €36,362
- Reserves +€9,520
up €9,520 (+4.4%), from €215,876 to €225,396
of which Distributable reserves: +€9,520
- Trade debts +€8,532
up €8,532 (+37.8%), from €22,579 to €31,111
- Other debts +€6,453
up €6,453 (+31.5%), from €20,495 to €26,948
- Current portion of long-term debt +€4,499
up €4,499 (+135.8%), from €3,314 to €7,813
- Gross operating margin +€20,526
up €20,526 (+48.9%), from €41,940 to €62,466
- Financial charges +€6,850
up €6,850 (+539.8%), from €1,269 to €8,119
- Depreciation -€5,358
down €5,358 (-63.9%), from €8,382 to €3,023
- Taxes +€4,611
up €4,611 (+45.1%), from €10,216 to €14,827
- Other operating charges +€1,513
up €1,513 (+96.2%), from €1,572 to €3,085
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 | €307,377 | €362,744 | +€55,366 | +18.0% |
| Fixed assets | 21/28 | €12,551 | €49,825 | +€37,274 | +297.0% |
| Tangible fixed assets | 22/27 | €8,056 | €45,330 | +€37,274 | +462.7% |
| Land and buildings | 22 | €7,528 | €43,898 | +€36,370 | +483.1% |
| Plant, machinery and equipment | 23 | - | €1,164 | +€1,164 | |
| Furniture and vehicles | 24 | €528 | €268 | -€261 | -49.3% |
| Financial fixed assets | 28 | €4,495 | €4,495 | = | 0.0% |
| Current assets | 29/58 | €294,826 | €312,919 | +€18,093 | +6.1% |
| Amounts receivable after more than one year | 29 | €112,411 | €86,811 | -€25,600 | -22.8% |
| Other amounts receivable | 291 | €112,411 | €86,811 | -€25,600 | -22.8% |
| Stocks and contracts in progress | 3 | €62,213 | €90,598 | +€28,385 | +45.6% |
| Stocks | 30/36 | €62,213 | €90,598 | +€28,385 | +45.6% |
| Amounts receivable within one year | 40/41 | €21,149 | €27,369 | +€6,220 | +29.4% |
| Trade receivables | 40 | €554 | €702 | +€148 | +26.7% |
| Other amounts receivable | 41 | €20,595 | €26,667 | +€6,072 | +29.5% |
| Cash at bank and in hand | 54/58 | €99,010 | €103,467 | +€4,457 | +4.5% |
| Deferred charges and accrued income | 490/1 | €42 | €4,674 | +€4,631 | +10915.6% |
| Total equity and liabilities | 10/49 | €307,377 | €362,744 | +€55,366 | +18.0% |
| Equity | 10/15 | €234,476 | €243,996 | +€9,520 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €215,876 | €225,396 | +€9,520 | +4.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €214,016 | €223,536 | +€9,520 | +4.4% |
| Amounts payable | 17/49 | €72,901 | €118,747 | +€45,846 | +62.9% |
| Amounts payable after more than one year | 17 | €13,022 | €36,362 | +€23,339 | +179.2% |
| Financial debts | 170/4 | €13,022 | €36,362 | +€23,339 | +179.2% |
| Amounts payable within one year | 42/48 | €59,879 | €82,386 | +€22,507 | +37.6% |
| Current portion of amounts payable after more than one year | 42 | €3,314 | €7,813 | +€4,499 | +135.8% |
| Trade debts | 44 | €22,579 | €31,111 | +€8,532 | +37.8% |
| Suppliers | 440/4 | €22,579 | €31,111 | +€8,532 | +37.8% |
| Taxes, remuneration and social security | 45 | €13,492 | €16,515 | +€3,022 | +22.4% |
| Taxes | 450/3 | €13,492 | €14,412 | +€919 | +6.8% |
| Remuneration and social security | 454/9 | - | €2,103 | +€2,103 | |
| Other amounts payable | 47/48 | €20,495 | €26,948 | +€6,453 | +31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,382 | €3,023 | -€5,358 | -63.9% |
| Other operating charges | 640/8 | €1,572 | €3,085 | +€1,513 | +96.2% |
| Gross operating margin | 9900 | €41,940 | €62,466 | +€20,526 | +48.9% |
| Operating profit (loss) | 9901 | €31,985 | €56,358 | +€24,372 | +76.2% |
| Financial income | 75/76B | €4,401 | €3,057 | -€1,344 | -30.5% |
| Recurring financial income | 75 | €4,401 | €3,057 | -€1,344 | -30.5% |
| Financial charges | 65/66B | €1,269 | €8,119 | +€6,850 | +539.8% |
| Recurring financial charges | 65 | €1,269 | €8,119 | +€6,850 | +539.8% |
| Profit (loss) for the period before taxes | 9903 | €35,118 | €51,295 | +€16,178 | +46.1% |
| Income taxes | 67/77 | €10,216 | €14,827 | +€4,611 | +45.1% |
| Profit (loss) for the period | 9904 | €24,901 | €36,468 | +€11,567 | +46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,901 | €36,468 | +€11,567 | +46.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.