TRINITY GLOBAL PROPERTIES: 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.
TRINITY GLOBAL PROPERTIES
Largest movements
- Tangible fixed assets +€650,831
up €650,831 (+110.5%), from €588,803 to €1.2m
- Cash +€148,828
up €148,828 (+1364.2%), from €10,910 to €159,738
mainly Debts after one year (+€648,416) and Trade debts (+€128,976)
- Receivables within one year +€18,762
up €18,762 (+271.0%), from €6,923 to €25,684
of which Other amounts receivable: +€19,684
- Debts after one year +€648,416
up €648,416 (+107.8%), from €601,564 to €1.2m
- Trade debts +€128,976
up €128,976 (+2540.9%), from €5,076 to €134,052
- Contributions +€30,000
up €30,000 (+750.0%), from €4,000 to €34,000
- Other debts +€27,480
up €27,480 (+9.9%), from €278,101 to €305,581
- Other operating charges -€32,157
down €32,157 (-85.3%), from €37,716 to €5,559
- Gross operating margin +€28,566
up €28,566 (+99.0%), from €28,863 to €57,429
- Depreciation -€8,381
down €8,381 (-25.9%), from €32,356 to €23,974
- Financial charges +€8,056
up €8,056 (+32.7%), from €24,665 to €32,721
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 | €857,244 | €1,682,093 | +€824,849 | +96.2% |
| Formation expenses | 20 | - | €4,766 | +€4,766 | |
| Fixed assets | 21/28 | €838,803 | €1,489,634 | +€650,831 | +77.6% |
| Tangible fixed assets | 22/27 | €588,803 | €1,239,634 | +€650,831 | +110.5% |
| Land and buildings | 22 | €588,803 | €1,239,634 | +€650,831 | +110.5% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €18,441 | €187,692 | +€169,251 | +917.8% |
| Amounts receivable within one year | 40/41 | €6,923 | €25,684 | +€18,762 | +271.0% |
| Trade receivables | 40 | €923 | €0 | -€923 | -100.0% |
| Other amounts receivable | 41 | €6,000 | €25,684 | +€19,684 | +328.1% |
| Cash at bank and in hand | 54/58 | €10,910 | €159,738 | +€148,828 | +1364.2% |
| Deferred charges and accrued income | 490/1 | €608 | €2,270 | +€1,661 | +273.0% |
| Total equity and liabilities | 10/49 | €857,244 | €1,682,093 | +€824,849 | +96.2% |
| Equity | 10/15 | -€61,874 | -€36,698 | +€25,176 | +40.7% |
| Contributions | 10/11 | €4,000 | €34,000 | +€30,000 | +750.0% |
| Profit (loss) carried forward | 14 | -€65,874 | -€70,698 | -€4,824 | -7.3% |
| Amounts payable | 17/49 | €919,118 | €1,718,791 | +€799,673 | +87.0% |
| Amounts payable after more than one year | 17 | €601,564 | €1,249,980 | +€648,416 | +107.8% |
| Financial debts | 170/4 | €601,564 | €1,249,980 | +€648,416 | +107.8% |
| Amounts payable within one year | 42/48 | €314,769 | €465,311 | +€150,542 | +47.8% |
| Current portion of amounts payable after more than one year | 42 | €24,648 | €25,678 | +€1,030 | +4.2% |
| Trade debts | 44 | €5,076 | €134,052 | +€128,976 | +2540.9% |
| Suppliers | 440/4 | €5,076 | €134,052 | +€128,976 | +2540.9% |
| Advances received on contracts in progress | 46 | €6,270 | €0 | -€6,270 | -100.0% |
| Taxes, remuneration and social security | 45 | €674 | €0 | -€674 | -100.0% |
| Taxes | 450/3 | €674 | €0 | -€674 | -100.0% |
| Other amounts payable | 47/48 | €278,101 | €305,581 | +€27,480 | +9.9% |
| Accrued charges and deferred income | 492/3 | €2,785 | €3,500 | +€715 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,356 | €23,974 | -€8,381 | -25.9% |
| Other operating charges | 640/8 | €37,716 | €5,559 | -€32,157 | -85.3% |
| Gross operating margin | 9900 | €28,863 | €57,429 | +€28,566 | +99.0% |
| Operating profit (loss) | 9901 | -€41,209 | €27,896 | +€69,105 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €24,665 | €32,721 | +€8,056 | +32.7% |
| Recurring financial charges | 65 | €24,665 | €32,721 | +€8,056 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | -€65,874 | -€4,824 | +€61,050 | +92.7% |
| Profit (loss) for the period | 9904 | -€65,874 | -€4,824 | +€61,050 | +92.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,874 | -€4,824 | +€61,050 | +92.7% |
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 7 October 2026 via checked.be.