TRIEST: what changed
TRIEST
Largest movements
- Cash -€24,994
down €24,994 (-88.1%), from €28,356 to €3,362
mainly Trade debts (-€15,891) and Net result for the year (-€14,244)
- Tangible fixed assets -€9,609
down €9,609 (-17.6%), from €54,600 to €44,991
of which Plant, machinery and equipment: -€5,730
- Receivables within one year +€4,561
up €4,561 (+76.4%), from €5,972 to €10,533
of which Other amounts receivable: +€5,713
- Trade debts -€15,891
down €15,891 (-90.6%), from €17,546 to €1,655
- Reserves -€14,244
down €14,244 (-24.4%), from €58,450 to €44,207
of which Distributable reserves: -€14,244
- Gross operating margin -€19,767
down €19,767 (-92.5%), from €21,377 to €1,610
- Taxes -€1,301
down €1,301 (-88.2%), from €1,475 to €174
- Depreciation -€857
down €857 (-5.4%), from €15,823 to €14,966
- Other operating charges -€229
down €229 (-22.5%), from €1,019 to €789
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,470 | €59,976 | -€30,494 | -33.7% |
| Fixed assets | 21/28 | €54,649 | €45,041 | -€9,609 | -17.6% |
| Tangible fixed assets | 22/27 | €54,600 | €44,991 | -€9,609 | -17.6% |
| Plant, machinery and equipment | 23 | €23,720 | €17,990 | -€5,730 | -24.2% |
| Furniture and vehicles | 24 | €2,694 | €3,955 | +€1,260 | +46.8% |
| Other tangible fixed assets | 26 | €28,186 | €23,047 | -€5,138 | -18.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €35,820 | €14,935 | -€20,885 | -58.3% |
| Amounts receivable within one year | 40/41 | €5,972 | €10,533 | +€4,561 | +76.4% |
| Trade receivables | 40 | €2,068 | €915 | -€1,152 | -55.7% |
| Other amounts receivable | 41 | €3,904 | €9,617 | +€5,713 | +146% |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,356 | €3,362 | -€24,994 | -88.1% |
| Deferred charges and accrued income | 490/1 | €492 | €40 | -€452 | -91.8% |
| Total equity and liabilities | 10/49 | €90,470 | €59,976 | -€30,494 | -33.7% |
| Equity | 10/15 | €70,850 | €56,607 | -€14,244 | -20.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €58,450 | €44,207 | -€14,244 | -24.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,188 | €1,188 | = | 0.0% |
| Distributable reserves | 133 | €55,403 | €41,159 | -€14,244 | -25.7% |
| Amounts payable | 17/49 | €19,619 | €3,369 | -€16,250 | -82.8% |
| Amounts payable within one year | 42/48 | €19,619 | €3,305 | -€16,314 | -83.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €17,546 | €1,655 | -€15,891 | -90.6% |
| Suppliers | 440/4 | €17,546 | €1,655 | -€15,891 | -90.6% |
| Taxes, remuneration and social security | 45 | €2,073 | €1,650 | -€423 | -20.4% |
| Taxes | 450/3 | €2,073 | €1,650 | -€423 | -20.4% |
| Accrued charges and deferred income | 492/3 | - | €64 | +€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,823 | €14,966 | -€857 | -5.4% |
| Other operating charges | 640/8 | €1,019 | €789 | -€229 | -22.5% |
| Gross operating margin | 9900 | €21,377 | €1,610 | -€19,767 | -92.5% |
| Operating profit (loss) | 9901 | €4,536 | -€14,145 | -€18,681 | |
| Financial income | 75/76B | €180 | €352 | +€172 | +95.1% |
| Recurring financial income | 75 | €180 | €352 | +€172 | +95.1% |
| Financial charges | 65/66B | €234 | €276 | +€42 | +18.1% |
| Recurring financial charges | 65 | €234 | €276 | +€42 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €4,482 | -€14,069 | -€18,551 | |
| Income taxes | 67/77 | €1,475 | €174 | -€1,301 | -88.2% |
| Profit (loss) for the period | 9904 | €3,007 | -€14,244 | -€17,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,007 | -€14,244 | -€17,250 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.