Since several years,Trias delivers efforts to grow in a controlled way. For the period 2006-2014 a financial plan was made with an explicit strategy for fundraising. The decision to grow has come because of the conscious search of a healthy equilibrium between a professional operation and a clear support to the South, also on the financial level.
In 2009 Trias reached a turnover of 12.034.691,65 euro, an increase of more than seventy percent compared to 2007. With this financial result, Trias is reaching the top-10 of Belgian NGOs. The own administrative operation cost of Trias, at the headquarter level (11%) and in the nine regional offices (6%), represents seventeen percent of this total. The remaining 83 percent is directly spent to project work. Of that part, 80,10 percent goes to the South.
Growth of the organization means that efforts have to be made with the fundraising. Trias chooses to have a broad range of relations with organizations, foundations, companies, other NGO’s, provinces and cities, and at the same time Trias tries to stimulate the private donations without spending too much on campaigning. In 2009, Trias had an own revenue of 2.323.094 euro, a considerable increase compared to 2.101.082 euro of 2008.
Financial data state clearly that the most important source of subsidies is the Belgian government: on one side with the financing of specific programmes, on the other side with the Belgian Fund for Food Security. Also the European Union takes an important part of the financing of Trias, and this part is increasing. We observe that Trias is very dependent on subsidies, because 75,11 percent is precedent from several official support, not taking into account the capital gain on the disposal of fixed assets. However, Trias succeeds to maximize the mechanisms of co-financing of these official instances.
For an overview of our financial data of 2009, click here.