Trygóra: 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.
Trygóra
Largest movements
- Cash +€16,368
up €16,368 (+74.8%), from €21,887 to €38,255
mainly Net result for the year (+€12,971) and Tax, wage and social debts (+€2,602)
- Receivables within one year -€1,969
down €1,969 (-10.2%), from €19,304 to €17,335
of which Trade receivables: -€1,633
- Tangible fixed assets -€1,280
down €1,280 (-31.0%), from €4,134 to €2,854
- Reserves +€12,971
up €12,971 (+35.0%), from €37,068 to €50,039
- Other debts -€2,700
down €2,700 (-100.0%), from €2,700 to €0
- Tax, wage and social debts +€2,602
up €2,602 (+28.3%), from €9,201 to €11,803
of which Taxes: +€4,402
- Gross operating margin -€15,137
down €15,137 (-44.4%), from €34,055 to €18,918
- Taxes -€4,983
down €4,983 (-55.7%), from €8,942 to €3,959
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 | €50,822 | €63,981 | +€13,159 | +25.9% |
| Fixed assets | 21/28 | €4,134 | €2,854 | -€1,280 | -31.0% |
| Tangible fixed assets | 22/27 | €4,134 | €2,854 | -€1,280 | -31.0% |
| Plant, machinery and equipment | 23 | €4,134 | €2,854 | -€1,280 | -31.0% |
| Current assets | 29/58 | €46,688 | €61,127 | +€14,440 | +30.9% |
| Amounts receivable within one year | 40/41 | €19,304 | €17,335 | -€1,969 | -10.2% |
| Trade receivables | 40 | €12,006 | €10,373 | -€1,633 | -13.6% |
| Other amounts receivable | 41 | €7,299 | €6,963 | -€336 | -4.6% |
| Cash at bank and in hand | 54/58 | €21,887 | €38,255 | +€16,368 | +74.8% |
| Deferred charges and accrued income | 490/1 | €5,496 | €5,537 | +€41 | +0.7% |
| Total equity and liabilities | 10/49 | €50,822 | €63,981 | +€13,159 | +25.9% |
| Equity | 10/15 | €38,568 | €51,539 | +€12,971 | +33.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €37,068 | €50,039 | +€12,971 | +35.0% |
| Distributable reserves | 133 | €37,068 | €50,039 | +€12,971 | +35.0% |
| Amounts payable | 17/49 | €12,254 | €12,442 | +€188 | +1.5% |
| Amounts payable within one year | 42/48 | €12,254 | €12,442 | +€188 | +1.5% |
| Trade debts | 44 | €353 | €639 | +€286 | +81.0% |
| Suppliers | 440/4 | €353 | €639 | +€286 | +81.0% |
| Taxes, remuneration and social security | 45 | €9,201 | €11,803 | +€2,602 | +28.3% |
| Taxes | 450/3 | €7,401 | €11,803 | +€4,402 | +59.5% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100.0% |
| Other amounts payable | 47/48 | €2,700 | €0 | -€2,700 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,124 | €1,280 | +€156 | +13.9% |
| Other operating charges | 640/8 | €916 | €823 | -€93 | -10.2% |
| Gross operating margin | 9900 | €34,055 | €18,918 | -€15,137 | -44.4% |
| Operating profit (loss) | 9901 | €32,015 | €16,815 | -€15,200 | -47.5% |
| Financial income | 75/76B | €24 | €169 | +€145 | +598.4% |
| Recurring financial income | 75 | €24 | €169 | +€145 | +598.4% |
| Financial charges | 65/66B | €129 | €54 | -€75 | -58.0% |
| Recurring financial charges | 65 | €129 | €54 | -€75 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €31,910 | €16,930 | -€14,980 | -46.9% |
| Income taxes | 67/77 | €8,942 | €3,959 | -€4,983 | -55.7% |
| Profit (loss) for the period | 9904 | €22,968 | €12,971 | -€9,997 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,968 | €12,971 | -€9,997 | -43.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.