TRIANGLE BLEU: 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.
TRIANGLE BLEU
Largest movements
- Tangible fixed assets -€21,101
down €21,101 (-2.3%), from €934,007 to €912,906
of which Land and buildings: -€10,694
- Cash -€10,304
down €10,304 (-32.8%), from €31,436 to €21,132
mainly Net result for the year (-€41,945) and Contributions, distributions and other (-€10,694)
- Stocks and contracts -€10,163
down €10,163 (-36.2%), from €28,048 to €17,885
- Reserves -€791,368
no longer reported in 2024 (was €791,368)
- Revaluation surpluses +€780,674
new in 2024: €780,674
- Profit (loss) carried forward -€41,945
down €41,945 (-19.4%), from -€215,959 to -€257,904
- Gross operating margin -€11,629
down €11,629 (-199%), from -€5,836 to -€17,466
- Depreciation +€10,694
up €10,694 (+103%), from €10,407 to €21,101
- Financial income +€177
new in 2024: €177
of which Financial income: +€177
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €997,514 | €957,220 | -€40,294 | -4.0% |
| Fixed assets | 21/28 | €934,007 | €912,906 | -€21,101 | -2.3% |
| Tangible fixed assets | 22/27 | €934,007 | €912,906 | -€21,101 | -2.3% |
| Land and buildings | 22 | €791,368 | €780,674 | -€10,694 | -1.4% |
| Plant, machinery and equipment | 23 | €142,610 | €132,206 | -€10,404 | -7.3% |
| Leasing and similar rights | 25 | €29 | €26 | -€3 | -10.3% |
| Current assets | 29/58 | €63,507 | €44,315 | -€19,192 | -30.2% |
| Stocks and contracts in progress | 3 | €28,048 | €17,885 | -€10,163 | -36.2% |
| Stocks | 30/36 | €28,048 | €17,885 | -€10,163 | -36.2% |
| Amounts receivable within one year | 40/41 | €4,023 | €5,298 | +€1,274 | +31.7% |
| Other amounts receivable | 41 | €4,023 | €5,298 | +€1,274 | +31.7% |
| Cash at bank and in hand | 54/58 | €31,436 | €21,132 | -€10,304 | -32.8% |
| Total equity and liabilities | 10/49 | €997,514 | €957,220 | -€40,294 | -4.0% |
| Equity | 10/15 | €867,059 | €814,420 | -€52,640 | -6.1% |
| Contributions | 10/11 | €291,650 | €291,650 | = | 0.0% |
| Capital | 10 | €291,650 | €291,650 | = | 0.0% |
| Issued capital | 100 | €291,650 | €291,650 | = | 0.0% |
| Revaluation surpluses | 12 | - | €780,674 | +€780,674 | |
| Reserves | 13 | €791,368 | - | -€791,368 | |
| Tax-exempt reserves | 132 | €791,368 | - | -€791,368 | |
| Profit (loss) carried forward | 14 | -€215,959 | -€257,904 | -€41,945 | -19.4% |
| Amounts payable | 17/49 | €130,455 | €142,801 | +€12,346 | +9.5% |
| Amounts payable after more than one year | 17 | €72 | €71 | -€1 | -1.4% |
| Financial debts | 170/4 | €72 | €71 | -€1 | -1.4% |
| Amounts payable within one year | 42/48 | €130,383 | €133,357 | +€2,974 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €1 | €1 | = | 0.0% |
| Trade debts | 44 | €838 | €3,813 | +€2,974 | +355% |
| Suppliers | 440/4 | €838 | €3,813 | +€2,974 | +355% |
| Other amounts payable | 47/48 | €129,543 | €129,543 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €9,373 | +€9,373 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,407 | €21,101 | +€10,694 | +103% |
| Other operating charges | 640/8 | €3,363 | €3,510 | +€148 | +4.4% |
| Gross operating margin | 9900 | -€5,836 | -€17,466 | -€11,629 | -199% |
| Operating profit (loss) | 9901 | -€19,606 | -€42,077 | -€22,471 | -115% |
| Financial income | 75/76B | - | €177 | +€177 | |
| Recurring financial income | 75 | - | €177 | +€177 | |
| Non-recurring financial income | 76B | - | €177 | +€177 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,651 | -€41,945 | -€22,294 | -113% |
| Profit (loss) for the period | 9904 | -€19,651 | -€41,945 | -€22,294 | -113% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,651 | -€41,945 | -€22,294 | -113% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.