TROIS-E: 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.
TROIS-E
Largest movements
- Receivables within one year -€17,079
down €17,079 (-47.5%), from €35,948 to €18,870
of which Other amounts receivable: -€14,289
- Cash +€8,019
up €8,019 (+57.0%), from €14,060 to €22,079
mainly Net result for the year (+€24,197) and Other debts (+€17,827)
- Profit (loss) carried forward -€33,672
down €33,672 (-92.6%), from €36,369 to €2,697
- Other debts +€17,827
new in 2025: €17,827
- Tax, wage and social debts +€4,622
up €4,622 (+37.7%), from €12,275 to €16,897
of which Taxes: +€6,394
- Trade debts +€1,941
up €1,941 (+116.5%), from €1,666 to €3,607
- Gross operating margin +€23,603
up €23,603 (+261.9%), from €9,013 to €32,616
- Taxes +€5,176
up €5,176 (+270.3%), from €1,915 to €7,092
- Other operating charges -€852
down €852 (-89.4%), from €953 to €101
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 | €52,811 | €43,528 | -€9,282 | -17.6% |
| Fixed assets | 21/28 | €2,249 | €2,496 | +€247 | +11.0% |
| Tangible fixed assets | 22/27 | €2,249 | €2,496 | +€247 | +11.0% |
| Plant, machinery and equipment | 23 | €1,624 | €1,224 | -€399 | -24.6% |
| Furniture and vehicles | 24 | €625 | €1,271 | +€646 | +103.4% |
| Current assets | 29/58 | €50,562 | €41,032 | -€9,529 | -18.8% |
| Amounts receivable within one year | 40/41 | €35,948 | €18,870 | -€17,079 | -47.5% |
| Trade receivables | 40 | €18,997 | €16,207 | -€2,790 | -14.7% |
| Other amounts receivable | 41 | €16,951 | €2,663 | -€14,289 | -84.3% |
| Cash at bank and in hand | 54/58 | €14,060 | €22,079 | +€8,019 | +57.0% |
| Deferred charges and accrued income | 490/1 | €553 | €84 | -€470 | -84.9% |
| Total equity and liabilities | 10/49 | €52,811 | €43,528 | -€9,282 | -17.6% |
| Equity | 10/15 | €38,869 | €5,197 | -€33,672 | -86.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,369 | €2,697 | -€33,672 | -92.6% |
| Amounts payable | 17/49 | €13,942 | €38,331 | +€24,390 | +174.9% |
| Amounts payable within one year | 42/48 | €13,942 | €38,331 | +€24,390 | +174.9% |
| Trade debts | 44 | €1,666 | €3,607 | +€1,941 | +116.5% |
| Suppliers | 440/4 | €1,666 | €3,607 | +€1,941 | +116.5% |
| Taxes, remuneration and social security | 45 | €12,275 | €16,897 | +€4,622 | +37.7% |
| Taxes | 450/3 | €10,503 | €16,897 | +€6,394 | +60.9% |
| Remuneration and social security | 454/9 | €1,772 | €0 | -€1,772 | -100.0% |
| Other amounts payable | 47/48 | - | €17,827 | +€17,827 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,042 | €1,085 | +€44 | +4.2% |
| Other operating charges | 640/8 | €953 | €101 | -€852 | -89.4% |
| Gross operating margin | 9900 | €9,013 | €32,616 | +€23,603 | +261.9% |
| Operating profit (loss) | 9901 | €7,019 | €31,430 | +€24,411 | +347.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.1% |
| Financial charges | 65/66B | €289 | €142 | -€147 | -51.0% |
| Recurring financial charges | 65 | €289 | €142 | -€147 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €6,731 | €31,288 | +€24,558 | +364.9% |
| Income taxes | 67/77 | €1,915 | €7,092 | +€5,176 | +270.3% |
| Profit (loss) for the period | 9904 | €4,815 | €24,197 | +€19,382 | +402.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,815 | €24,197 | +€19,382 | +402.5% |
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 10 October 2026 via checked.be.