Tryphon Consulting: 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.
Tryphon Consulting
Largest movements
- Receivables within one year -€36,927
down €36,927 (-74.7%), from €49,437 to €12,510
of which Trade receivables: -€21,170
- Tangible fixed assets -€19,718
down €19,718 (-6.3%), from €310,709 to €290,991
of which Land and buildings: -€16,284
- Stocks and contracts +€14,786
up €14,786 (+5.3%), from €278,772 to €293,557
- Reserves -€57,860
down €57,860 (-25.2%), from €229,818 to €171,958
of which Distributable reserves: -€57,860
- Other debts +€43,637
up €43,637 (+74.6%), from €58,481 to €102,118
- Debts after one year -€20,765
down €20,765 (-5.7%), from €366,307 to €345,542
- Trade debts -€13,896
down €13,896 (-48.4%), from €28,686 to €14,790
- Gross operating margin -€37,026
down €37,026 (-26.4%), from €140,287 to €103,261
- Depreciation -€26,170
down €26,170 (-58.6%), from €44,684 to €18,514
- Financial income +€3,301
up €3,301 (+49.8%), from €6,626 to €9,927
- Taxes -€1,556
down €1,556 (-7.8%), from €20,018 to €18,462
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 | €750,187 | €703,417 | -€46,770 | -6.2% |
| Fixed assets | 21/28 | €310,709 | €290,991 | -€19,718 | -6.3% |
| Tangible fixed assets | 22/27 | €310,709 | €290,991 | -€19,718 | -6.3% |
| Land and buildings | 22 | €299,272 | €282,988 | -€16,284 | -5.4% |
| Plant, machinery and equipment | 23 | €9,745 | €7,879 | -€1,867 | -19.2% |
| Furniture and vehicles | 24 | €1,692 | €124 | -€1,568 | -92.7% |
| Current assets | 29/58 | €439,478 | €412,426 | -€27,051 | -6.2% |
| Amounts receivable after more than one year | 29 | €103,363 | €103,363 | = | 0.0% |
| Other amounts receivable | 291 | €103,363 | €103,363 | = | 0.0% |
| Stocks and contracts in progress | 3 | €278,772 | €293,557 | +€14,786 | +5.3% |
| Stocks | 30/36 | €278,772 | €293,557 | +€14,786 | +5.3% |
| Amounts receivable within one year | 40/41 | €49,437 | €12,510 | -€36,927 | -74.7% |
| Trade receivables | 40 | €27,891 | €6,722 | -€21,170 | -75.9% |
| Other amounts receivable | 41 | €21,545 | €5,789 | -€15,757 | -73.1% |
| Cash at bank and in hand | 54/58 | €7,620 | €2,745 | -€4,876 | -64.0% |
| Deferred charges and accrued income | 490/1 | €286 | €251 | -€35 | -12.1% |
| Total equity and liabilities | 10/49 | €750,187 | €703,417 | -€46,770 | -6.2% |
| Equity | 10/15 | €242,218 | €184,358 | -€57,860 | -23.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €229,818 | €171,958 | -€57,860 | -25.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €227,958 | €170,098 | -€57,860 | -25.4% |
| Amounts payable | 17/49 | €507,969 | €519,059 | +€11,091 | +2.2% |
| Amounts payable after more than one year | 17 | €366,307 | €345,542 | -€20,765 | -5.7% |
| Financial debts | 170/4 | €366,307 | €345,542 | -€20,765 | -5.7% |
| Amounts payable within one year | 42/48 | €141,662 | €173,517 | +€31,856 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €25,101 | €20,764 | -€4,337 | -17.3% |
| Trade debts | 44 | €28,686 | €14,790 | -€13,896 | -48.4% |
| Suppliers | 440/4 | €28,686 | €14,790 | -€13,896 | -48.4% |
| Taxes, remuneration and social security | 45 | €29,394 | €35,845 | +€6,451 | +21.9% |
| Taxes | 450/3 | €29,394 | €35,845 | +€6,451 | +21.9% |
| Other amounts payable | 47/48 | €58,481 | €102,118 | +€43,637 | +74.6% |
| Remuneration, social security and pensions | 62 | €8,826 | €9,287 | +€461 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,684 | €18,514 | -€26,170 | -58.6% |
| Other operating charges | 640/8 | €2,397 | €3,322 | +€925 | +38.6% |
| Gross operating margin | 9900 | €140,287 | €103,261 | -€37,026 | -26.4% |
| Operating profit (loss) | 9901 | €84,381 | €72,139 | -€12,243 | -14.5% |
| Financial income | 75/76B | €6,626 | €9,927 | +€3,301 | +49.8% |
| Recurring financial income | 75 | €6,626 | €9,927 | +€3,301 | +49.8% |
| Financial charges | 65/66B | €19,128 | €19,346 | +€218 | +1.1% |
| Recurring financial charges | 65 | €19,128 | €19,346 | +€218 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €71,879 | €62,720 | -€9,159 | -12.7% |
| Income taxes | 67/77 | €20,018 | €18,462 | -€1,556 | -7.8% |
| Profit (loss) for the period | 9904 | €51,861 | €44,258 | -€7,603 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,861 | €44,258 | -€7,603 | -14.7% |
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 3 October 2026 via checked.be.