TRYDHA: 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.
TRYDHA
Largest movements
- Cash +€59,816
up €59,816 (+161%), from €37,099 to €96,915
mainly Net result for the year (+€58,585) and Receivables within one year (+€55,596)
- Receivables within one year -€55,596
down €55,596 (-38.8%), from €143,196 to €87,600
of which Other amounts receivable: -€50,909
- Tangible fixed assets -€4,274
down €4,274 (-4.5%), from €95,067 to €90,793
of which Furniture and vehicles: -€4,274
- Other debts +€3,007
up €3,007, from €0 to €3,007
- Gross operating margin +€20,626
up €20,626 (+29.8%), from €69,280 to €89,906
- Taxes +€9,543
up €9,543 (+46.5%), from €20,521 to €30,065
- Depreciation +€1,049
up €1,049 (+32.5%), from €3,225 to €4,274
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 | €276,780 | €276,515 | -€265 | -0.1% |
| Fixed assets | 21/28 | €95,067 | €90,793 | -€4,274 | -4.5% |
| Tangible fixed assets | 22/27 | €95,067 | €90,793 | -€4,274 | -4.5% |
| Land and buildings | 22 | €86,143 | €86,143 | = | 0.0% |
| Furniture and vehicles | 24 | €8,924 | €4,650 | -€4,274 | -47.9% |
| Current assets | 29/58 | €181,713 | €185,721 | +€4,009 | +2.2% |
| Amounts receivable within one year | 40/41 | €143,196 | €87,600 | -€55,596 | -38.8% |
| Trade receivables | 40 | €37,248 | €32,561 | -€4,688 | -12.6% |
| Other amounts receivable | 41 | €105,948 | €55,039 | -€50,909 | -48.1% |
| Cash at bank and in hand | 54/58 | €37,099 | €96,915 | +€59,816 | +161% |
| Deferred charges and accrued income | 490/1 | €1,418 | €1,207 | -€211 | -14.9% |
| Total equity and liabilities | 10/49 | €276,780 | €276,515 | -€265 | -0.1% |
| Equity | 10/15 | €145,841 | €144,568 | -€1,273 | -0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €139,641 | €138,368 | -€1,273 | -0.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €139,641 | €138,368 | -€1,273 | -0.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €115,340 | €115,340 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €115,340 | €115,340 | = | 0.0% |
| Pensions and similar obligations | 160 | €115,340 | €115,340 | = | 0.0% |
| Amounts payable | 17/49 | €15,600 | €16,607 | +€1,008 | +6.5% |
| Amounts payable within one year | 42/48 | €15,600 | €16,607 | +€1,008 | +6.5% |
| Trade debts | 44 | €4,183 | €2,350 | -€1,833 | -43.8% |
| Suppliers | 440/4 | €4,183 | €2,350 | -€1,833 | -43.8% |
| Taxes, remuneration and social security | 45 | €11,417 | €11,251 | -€166 | -1.4% |
| Taxes | 450/3 | €7,891 | €11,251 | +€3,360 | +42.6% |
| Remuneration and social security | 454/9 | €3,526 | €0 | -€3,526 | -100% |
| Other amounts payable | 47/48 | €0 | €3,007 | +€3,007 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,225 | €4,274 | +€1,049 | +32.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,693 | €2,858 | +€165 | +6.1% |
| Gross operating margin | 9900 | €69,280 | €89,906 | +€20,626 | +29.8% |
| Operating profit (loss) | 9901 | €63,362 | €82,774 | +€19,412 | +30.6% |
| Financial income | 75/76B | €6,074 | €5,954 | -€120 | -2.0% |
| Recurring financial income | 75 | €6,074 | €5,954 | -€120 | -2.0% |
| Financial charges | 65/66B | €96 | €78 | -€18 | -19.1% |
| Recurring financial charges | 65 | €96 | €78 | -€18 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €69,340 | €88,650 | +€19,310 | +27.8% |
| Income taxes | 67/77 | €20,521 | €30,065 | +€9,543 | +46.5% |
| Profit (loss) for the period | 9904 | €48,819 | €58,585 | +€9,767 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,819 | €58,585 | +€9,767 | +20.0% |
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 27 October 2026 via checked.be.