TRYHOU KOEN: 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.
TRYHOU KOEN
Largest movements
- Cash +€89,961
up €89,961 (+568.9%), from €15,812 to €105,773
mainly Current investments (+€87,087) and Net result for the year (+€32,726)
- Current investments -€87,087
down €87,087 (-77.0%), from €113,087 to €26,000
- Stocks and contracts +€12,405
up €12,405 (+57.9%), from €21,415 to €33,820
of which Stocks: +€9,915
- Tangible fixed assets -€7,504
down €7,504 (-24.7%), from €30,329 to €22,825
of which Land and buildings: -€6,753
- Reserves +€35,988
up €35,988 (+25.8%), from €139,692 to €175,680
- Other debts -€26,513
down €26,513 (-79.1%), from €33,510 to €6,997
- Tax, wage and social debts +€9,473
up €9,473 (+112.6%), from €8,413 to €17,886
of which Taxes: +€9,465
- Trade debts -€7,110
down €7,110 (-36.1%), from €19,676 to €12,566
- Profit (loss) carried forward -€3,261
no longer reported in 2025 (was €3,261)
- Gross operating margin +€33,600
up €33,600 (+37.0%), from €90,865 to €124,465
- Taxes +€6,339
up €6,339 (+91.9%), from €6,899 to €13,238
- Other operating charges +€4,612
new in 2025: €4,612
- Staff costs +€3,975
up €3,975 (+6.5%), from €61,592 to €65,567
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 | €224,552 | €233,128 | +€8,576 | +3.8% |
| Fixed assets | 21/28 | €30,329 | €22,825 | -€7,504 | -24.7% |
| Tangible fixed assets | 22/27 | €30,329 | €22,825 | -€7,504 | -24.7% |
| Land and buildings | 22 | €29,461 | €22,708 | -€6,753 | -22.9% |
| Furniture and vehicles | 24 | €868 | €117 | -€751 | -86.5% |
| Current assets | 29/58 | €194,223 | €210,303 | +€16,080 | +8.3% |
| Stocks and contracts in progress | 3 | €21,415 | €33,820 | +€12,405 | +57.9% |
| Stocks | 30/36 | €8,815 | €18,730 | +€9,915 | +112.5% |
| Contracts in progress | 37 | €12,600 | €15,090 | +€2,490 | +19.8% |
| Amounts receivable within one year | 40/41 | €42,097 | €42,786 | +€689 | +1.6% |
| Trade receivables | 40 | €35,477 | €36,423 | +€946 | +2.7% |
| Other amounts receivable | 41 | €6,620 | €6,363 | -€257 | -3.9% |
| Current investments | 50/53 | €113,087 | €26,000 | -€87,087 | -77.0% |
| Cash at bank and in hand | 54/58 | €15,812 | €105,773 | +€89,961 | +568.9% |
| Deferred charges and accrued income | 490/1 | €1,812 | €1,925 | +€113 | +6.2% |
| Total equity and liabilities | 10/49 | €224,552 | €233,128 | +€8,576 | +3.8% |
| Equity | 10/15 | €162,953 | €195,680 | +€32,727 | +20.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €139,692 | €175,680 | +€35,988 | +25.8% |
| Distributable reserves | 133 | €139,692 | €175,680 | +€35,988 | +25.8% |
| Profit (loss) carried forward | 14 | €3,261 | - | -€3,261 | |
| Amounts payable | 17/49 | €61,599 | €37,448 | -€24,151 | -39.2% |
| Amounts payable within one year | 42/48 | €61,599 | €37,448 | -€24,151 | -39.2% |
| Trade debts | 44 | €19,676 | €12,566 | -€7,110 | -36.1% |
| Suppliers | 440/4 | €19,676 | €12,566 | -€7,110 | -36.1% |
| Taxes, remuneration and social security | 45 | €8,413 | €17,886 | +€9,473 | +112.6% |
| Taxes | 450/3 | €2,315 | €11,780 | +€9,465 | +408.9% |
| Remuneration and social security | 454/9 | €6,098 | €6,106 | +€8 | +0.1% |
| Other amounts payable | 47/48 | €33,510 | €6,997 | -€26,513 | -79.1% |
| Remuneration, social security and pensions | 62 | €61,592 | €65,567 | +€3,975 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,367 | €7,504 | +€137 | +1.9% |
| Other operating charges | 640/8 | - | €4,612 | +€4,612 | |
| Gross operating margin | 9900 | €90,865 | €124,465 | +€33,600 | +37.0% |
| Operating profit (loss) | 9901 | €21,906 | €46,782 | +€24,876 | +113.6% |
| Financial income | 75/76B | €1,220 | €983 | -€237 | -19.4% |
| Recurring financial income | 75 | €1,220 | €983 | -€237 | -19.4% |
| Financial charges | 65/66B | €869 | €1,800 | +€931 | +107.2% |
| Recurring financial charges | 65 | €869 | €1,743 | +€874 | +100.6% |
| Non-recurring financial charges | 66B | - | €57 | +€57 | |
| Profit (loss) for the period before taxes | 9903 | €22,257 | €45,965 | +€23,708 | +106.5% |
| Income taxes | 67/77 | €6,899 | €13,238 | +€6,339 | +91.9% |
| Profit (loss) for the period | 9904 | €15,358 | €32,726 | +€17,368 | +113.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,358 | €32,726 | +€17,368 | +113.1% |
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 9 October 2026 via checked.be.