TRIZO: 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.
TRIZO
Largest movements
- Current investments -€325,837
down €325,837 (-39.5%), from €825,837 to €500,000
- Stocks and contracts +€65,054
up €65,054 (+7.0%), from €933,329 to €998,383
- Tangible fixed assets -€42,225
down €42,225 (-27.2%), from €155,249 to €113,024
of which Land and buildings: -€24,511
- Cash +€25,718
up €25,718 (+15.2%), from €169,698 to €195,416
mainly Net result for the year (+€341,607) and Current investments (+€325,837)
- Profit (loss) carried forward -€458,393
down €458,393 (-22.8%), from €2.0m to €1.6m
- Trade debts +€152,428
up €152,428 (+131.6%), from €115,800 to €268,228
- Short-term financial debts +€37,353
up €37,353 (+73.6%), from €50,767 to €88,120
- Gross operating margin -€130,254
down €130,254 (-13.5%), from €965,993 to €835,739
- Write-downs +€78,902
up €78,902, from -€20,476 to €58,426
- Taxes -€55,490
down €55,490 (-33.3%), from €166,688 to €111,198
- Staff costs -€28,432
down €28,432 (-9.0%), from €316,841 to €288,409
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 | €2,297,761 | €2,023,126 | -€274,635 | -12.0% |
| Fixed assets | 21/28 | €155,326 | €113,100 | -€42,225 | -27.2% |
| Tangible fixed assets | 22/27 | €155,249 | €113,024 | -€42,225 | -27.2% |
| Land and buildings | 22 | €88,921 | €64,410 | -€24,511 | -27.6% |
| Plant, machinery and equipment | 23 | €11,980 | €6,602 | -€5,378 | -44.9% |
| Furniture and vehicles | 24 | €54,347 | €42,012 | -€12,336 | -22.7% |
| Financial fixed assets | 28 | €77 | €77 | = | 0.0% |
| Current assets | 29/58 | €2,142,435 | €1,910,025 | -€232,410 | -10.8% |
| Stocks and contracts in progress | 3 | €933,329 | €998,383 | +€65,054 | +7.0% |
| Stocks | 30/36 | €933,329 | €998,383 | +€65,054 | +7.0% |
| Amounts receivable within one year | 40/41 | €150,664 | €169,661 | +€18,998 | +12.6% |
| Trade receivables | 40 | €95,870 | €114,377 | +€18,507 | +19.3% |
| Other amounts receivable | 41 | €54,794 | €55,285 | +€491 | +0.9% |
| Current investments | 50/53 | €825,837 | €500,000 | -€325,837 | -39.5% |
| Cash at bank and in hand | 54/58 | €169,698 | €195,416 | +€25,718 | +15.2% |
| Deferred charges and accrued income | 490/1 | €62,907 | €46,565 | -€16,342 | -26.0% |
| Total equity and liabilities | 10/49 | €2,297,761 | €2,023,126 | -€274,635 | -12.0% |
| Equity | 10/15 | €2,072,368 | €1,613,976 | -€458,393 | -22.1% |
| Contributions | 10/11 | €56,000 | €56,000 | = | 0.0% |
| Reserves | 13 | €6,840 | €6,840 | = | 0.0% |
| Distributable reserves | 133 | €6,840 | €6,840 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,009,528 | €1,551,136 | -€458,393 | -22.8% |
| Amounts payable | 17/49 | €225,393 | €409,150 | +€183,757 | +81.5% |
| Amounts payable within one year | 42/48 | €224,807 | €408,470 | +€183,663 | +81.7% |
| Financial debts | 43 | €50,767 | €88,120 | +€37,353 | +73.6% |
| Credit institutions | 430/8 | €50,767 | €88,120 | +€37,353 | +73.6% |
| Trade debts | 44 | €115,800 | €268,228 | +€152,428 | +131.6% |
| Suppliers | 440/4 | €115,800 | €268,228 | +€152,428 | +131.6% |
| Taxes, remuneration and social security | 45 | €57,895 | €51,802 | -€6,093 | -10.5% |
| Taxes | 450/3 | €15,590 | €3,971 | -€11,619 | -74.5% |
| Remuneration and social security | 454/9 | €42,305 | €47,831 | +€5,527 | +13.1% |
| Other amounts payable | 47/48 | €344 | €319 | -€25 | -7.3% |
| Accrued charges and deferred income | 492/3 | €586 | €680 | +€94 | +16.1% |
| Non-recurring operating income | 76A | €20,853 | - | -€20,853 | |
| Remuneration, social security and pensions | 62 | €316,841 | €288,409 | -€28,432 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,353 | €42,225 | +€1,872 | +4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€20,476 | €58,426 | +€78,902 | |
| Other operating charges | 640/8 | €2,061 | €1,993 | -€69 | -3.3% |
| Gross operating margin | 9900 | €965,993 | €835,739 | -€130,254 | -13.5% |
| Operating profit (loss) | 9901 | €627,213 | €444,685 | -€182,528 | -29.1% |
| Financial income | 75/76B | €20,849 | €13,407 | -€7,442 | -35.7% |
| Recurring financial income | 75 | €20,849 | €13,407 | -€7,442 | -35.7% |
| Financial charges | 65/66B | €6,899 | €5,286 | -€1,612 | -23.4% |
| Recurring financial charges | 65 | €6,899 | €5,286 | -€1,612 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €641,163 | €452,806 | -€188,357 | -29.4% |
| Income taxes | 67/77 | €166,688 | €111,198 | -€55,490 | -33.3% |
| Profit (loss) for the period | 9904 | €474,475 | €341,607 | -€132,867 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €474,475 | €341,607 | -€132,867 | -28.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.