Trois Quatorze: 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 Quatorze
Largest movements
- Cash +€64,401
up €64,401 (+176%), from €36,525 to €100,925
mainly Net result for the year (+€50,223) and Depreciation (+€10,807)
- Tangible fixed assets -€10,807
down €10,807 (-28.8%), from €37,533 to €26,726
- Receivables within one year -€7,049
down €7,049 (-20.3%), from €34,716 to €27,667
of which Trade receivables: -€7,166
- Profit (loss) carried forward +€49,390
up €49,390 (+66.9%), from €73,806 to €123,196
- Tax, wage and social debts -€5,998
down €5,998 (-19.2%), from €31,215 to €25,217
- Other debts +€3,040
up €3,040 (+72.5%), from €4,193 to €7,234
- Gross operating margin +€12,330
up €12,330 (+19.2%), from €64,155 to €76,485
- Taxes +€2,630
up €2,630 (+21.1%), from €12,449 to €15,079
- Depreciation +€913
up €913 (+9.2%), from €9,894 to €10,807
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 | €110,333 | €157,068 | +€46,735 | +42.4% |
| Fixed assets | 21/28 | €37,533 | €26,726 | -€10,807 | -28.8% |
| Tangible fixed assets | 22/27 | €37,533 | €26,726 | -€10,807 | -28.8% |
| Furniture and vehicles | 24 | €37,533 | €26,726 | -€10,807 | -28.8% |
| Current assets | 29/58 | €72,800 | €130,342 | +€57,542 | +79.0% |
| Amounts receivable within one year | 40/41 | €34,716 | €27,667 | -€7,049 | -20.3% |
| Trade receivables | 40 | €34,694 | €27,528 | -€7,166 | -20.7% |
| Other amounts receivable | 41 | €22 | €140 | +€117 | +524% |
| Cash at bank and in hand | 54/58 | €36,525 | €100,925 | +€64,401 | +176% |
| Deferred charges and accrued income | 490/1 | €1,559 | €1,749 | +€190 | +12.2% |
| Total equity and liabilities | 10/49 | €110,333 | €157,068 | +€46,735 | +42.4% |
| Equity | 10/15 | €74,806 | €124,196 | +€49,390 | +66.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,806 | €123,196 | +€49,390 | +66.9% |
| Amounts payable | 17/49 | €35,527 | €32,872 | -€2,655 | -7.5% |
| Amounts payable within one year | 42/48 | €35,527 | €32,872 | -€2,655 | -7.5% |
| Financial debts | 43 | €26 | €0 | -€26 | -100% |
| Credit institutions | 430/8 | €26 | €0 | -€26 | -100% |
| Trade debts | 44 | €92 | €421 | +€329 | +356% |
| Suppliers | 440/4 | €92 | €421 | +€329 | +356% |
| Taxes, remuneration and social security | 45 | €31,215 | €25,217 | -€5,998 | -19.2% |
| Taxes | 450/3 | €31,215 | €25,217 | -€5,998 | -19.2% |
| Other amounts payable | 47/48 | €4,193 | €7,234 | +€3,040 | +72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,894 | €10,807 | +€913 | +9.2% |
| Other operating charges | 640/8 | €303 | €303 | -€0 | -0.1% |
| Gross operating margin | 9900 | €64,155 | €76,485 | +€12,330 | +19.2% |
| Operating profit (loss) | 9901 | €53,957 | €65,375 | +€11,417 | +21.2% |
| Financial charges | 65/66B | €72 | €73 | +€1 | +1.9% |
| Recurring financial charges | 65 | €72 | €73 | +€1 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €53,886 | €65,302 | +€11,416 | +21.2% |
| Income taxes | 67/77 | €12,449 | €15,079 | +€2,630 | +21.1% |
| Profit (loss) for the period | 9904 | €41,437 | €50,223 | +€8,786 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,437 | €50,223 | +€8,786 | +21.2% |
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 22 October 2026 via checked.be.