TROISFONTAINES: 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.
TROISFONTAINES
Largest movements
- Cash +€31,366
up €31,366 (+117%), from €26,707 to €58,073
mainly Other debts (+€50,940) and Depreciation (+€17,088)
- Stocks and contracts +€24,785
up €24,785 (+19.6%), from €126,336 to €151,121
of which Stocks: +€24,910
- Tangible fixed assets -€17,088
down €17,088 (-9.0%), from €189,841 to €172,753
of which Furniture and vehicles: -€12,870
- Other debts +€50,940
up €50,940 (+121%), from €42,161 to €93,102
- Debts after one year -€18,337
down €18,337 (-26.2%), from €69,893 to €51,557
- Trade debts +€4,344
up €4,344 (+21.5%), from €20,214 to €24,558
- Gross operating margin +€2,637
up €2,637 (+8.7%), from €30,215 to €32,852
- Taxes +€2,011
up €2,011 (+75.9%), from €2,650 to €4,661
- Financial charges +€444
up €444 (+6.2%), from €7,134 to €7,577
- Other operating charges +€346
up €346 (+13.4%), from €2,573 to €2,919
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 | €348,568 | €386,308 | +€37,740 | +10.8% |
| Fixed assets | 21/28 | €189,841 | €172,753 | -€17,088 | -9.0% |
| Tangible fixed assets | 22/27 | €189,841 | €172,753 | -€17,088 | -9.0% |
| Land and buildings | 22 | €151,829 | €147,612 | -€4,217 | -2.8% |
| Furniture and vehicles | 24 | €38,011 | €25,141 | -€12,870 | -33.9% |
| Current assets | 29/58 | €158,727 | €213,555 | +€54,827 | +34.5% |
| Stocks and contracts in progress | 3 | €126,336 | €151,121 | +€24,785 | +19.6% |
| Stocks | 30/36 | €125,325 | €150,235 | +€24,910 | +19.9% |
| Contracts in progress | 37 | €1,011 | €886 | -€125 | -12.4% |
| Amounts receivable within one year | 40/41 | €951 | €388 | -€563 | -59.2% |
| Other amounts receivable | 41 | €951 | €388 | -€563 | -59.2% |
| Cash at bank and in hand | 54/58 | €26,707 | €58,073 | +€31,366 | +117% |
| Deferred charges and accrued income | 490/1 | €4,734 | €3,973 | -€761 | -16.1% |
| Total equity and liabilities | 10/49 | €348,568 | €386,308 | +€37,740 | +10.8% |
| Equity | 10/15 | €172,908 | €174,582 | +€1,674 | +1.0% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Reserves | 13 | €86,024 | €87,697 | +€1,673 | +1.9% |
| Tax-exempt reserves | 132 | €9,148 | €6,050 | -€3,097 | -33.9% |
| Distributable reserves | 133 | €76,876 | €81,646 | +€4,770 | +6.2% |
| Profit (loss) carried forward | 14 | €121 | €123 | +€2 | +1.4% |
| Provisions and deferred taxes | 16 | €3,049 | €2,017 | -€1,032 | -33.9% |
| Deferred taxes | 168 | €3,049 | €2,017 | -€1,032 | -33.9% |
| Amounts payable | 17/49 | €172,611 | €209,708 | +€37,098 | +21.5% |
| Amounts payable after more than one year | 17 | €69,893 | €51,557 | -€18,337 | -26.2% |
| Financial debts | 170/4 | €69,893 | €51,557 | -€18,337 | -26.2% |
| Amounts payable within one year | 42/48 | €96,658 | €152,091 | +€55,434 | +57.4% |
| Current portion of amounts payable after more than one year | 42 | €19,065 | €18,337 | -€729 | -3.8% |
| Trade debts | 44 | €20,214 | €24,558 | +€4,344 | +21.5% |
| Suppliers | 440/4 | €20,214 | €24,558 | +€4,344 | +21.5% |
| Advances received on contracts in progress | 46 | €926 | €604 | -€322 | -34.8% |
| Taxes, remuneration and social security | 45 | €14,291 | €15,491 | +€1,200 | +8.4% |
| Taxes | 450/3 | €11,541 | €12,741 | +€1,200 | +10.4% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €42,161 | €93,102 | +€50,940 | +121% |
| Accrued charges and deferred income | 492/3 | €6,060 | €6,060 | +€1 | 0.0% |
| Non-recurring operating income | 76A | €2,750 | - | -€2,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,088 | €17,088 | = | 0.0% |
| Other operating charges | 640/8 | €2,573 | €2,919 | +€346 | +13.4% |
| Gross operating margin | 9900 | €30,215 | €32,852 | +€2,637 | +8.7% |
| Operating profit (loss) | 9901 | €10,554 | €12,846 | +€2,291 | +21.7% |
| Financial income | 75/76B | €201 | €35 | -€166 | -82.7% |
| Recurring financial income | 75 | €201 | €35 | -€166 | -82.7% |
| Financial charges | 65/66B | €7,134 | €7,577 | +€444 | +6.2% |
| Recurring financial charges | 65 | €7,134 | €7,577 | +€444 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €3,622 | €5,303 | +€1,682 | +46.4% |
| Transfer from deferred taxes | 780 | €1,032 | €1,032 | = | 0.0% |
| Income taxes | 67/77 | €2,650 | €4,661 | +€2,011 | +75.9% |
| Profit (loss) for the period | 9904 | €2,004 | €1,674 | -€329 | -16.4% |
| Transfer from tax-exempt reserves | 789 | €3,097 | €3,097 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,101 | €4,772 | -€329 | -6.5% |
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 18 October 2026 via checked.be.