Triangle - Wallonie: 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 - Wallonie
Largest movements
- Receivables within one year +€38,344
up €38,344 (+136%), from €28,178 to €66,522
of which Other amounts receivable: +€48,445
- Cash +€13,522
up €13,522 (+13.3%), from €101,472 to €114,994
mainly Accrued charges and deferred income (+€137,047) and Depreciation (+€1,320)
- Deferred charges and accrued income +€12,352
up €12,352 (+1,037%), from €1,191 to €13,543
- Financial fixed assets +€3,934
new in 2025: €3,934
- Accrued charges and deferred income +€137,047
new in 2025: €137,047
- Profit (loss) carried forward -€64,681
down €64,681, from €871 to -€63,810
- Debts within one year -€5,535
down €5,535 (-4.1%), from €135,985 to €130,450
of which Tax, wage and social debts: -€8,694
- Staff costs -€116,887
down €116,887 (-12.9%), from €908,917 to €792,030
- Gross operating margin -€50,823
down €50,823 (-5.7%), from €890,470 to €839,647
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 | €136,856 | €203,687 | +€66,831 | +48.8% |
| Fixed assets | 21/28 | €6,014 | €8,628 | +€2,614 | +43.5% |
| Tangible fixed assets | 22/27 | €6,014 | €4,694 | -€1,320 | -21.9% |
| Plant, machinery and equipment | 23 | €143 | €71 | -€72 | -50.2% |
| Furniture and vehicles | 24 | €187 | - | -€187 | |
| Other tangible fixed assets | 26 | €5,684 | €4,623 | -€1,061 | -18.7% |
| Financial fixed assets | 28 | - | €3,934 | +€3,934 | |
| Current assets | 29/58 | €130,842 | €195,059 | +€64,217 | +49.1% |
| Amounts receivable within one year | 40/41 | €28,178 | €66,522 | +€38,344 | +136% |
| Trade receivables | 40 | €13,928 | €3,827 | -€10,101 | -72.5% |
| Other amounts receivable | 41 | €14,250 | €62,695 | +€48,445 | +340% |
| Cash at bank and in hand | 54/58 | €101,472 | €114,994 | +€13,522 | +13.3% |
| Deferred charges and accrued income | 490/1 | €1,191 | €13,543 | +€12,352 | +1,037% |
| Total equity and liabilities | 10/49 | €136,856 | €203,687 | +€66,831 | +48.8% |
| Equity | 10/15 | €871 | -€63,810 | -€64,681 | |
| Profit (loss) carried forward | 14 | €871 | -€63,810 | -€64,681 | |
| Amounts payable | 17/49 | €135,985 | €267,497 | +€131,513 | +96.7% |
| Amounts payable within one year | 42/48 | €135,985 | €130,450 | -€5,535 | -4.1% |
| Trade debts | 44 | €8,619 | €11,970 | +€3,351 | +38.9% |
| Suppliers | 440/4 | €8,619 | €11,970 | +€3,351 | +38.9% |
| Taxes, remuneration and social security | 45 | €97,589 | €88,895 | -€8,694 | -8.9% |
| Taxes | 450/3 | €12,983 | €16,739 | +€3,756 | +28.9% |
| Remuneration and social security | 454/9 | €84,606 | €72,156 | -€12,450 | -14.7% |
| Accrued charges and deferred income | 492/3 | - | €137,047 | +€137,047 | |
| Non-recurring operating income | 76A | - | €21,795 | +€21,795 | |
| Remuneration, social security and pensions | 62 | €908,917 | €792,030 | -€116,887 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,312 | €1,320 | -€992 | -42.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,300 | €2,354 | +€1,054 | +81.1% |
| Other operating charges | 640/8 | €2,659 | €1,165 | -€1,494 | -56.2% |
| Non-recurring operating charges | 66A | - | €107,749 | +€107,749 | |
| Gross operating margin | 9900 | €890,470 | €839,647 | -€50,823 | -5.7% |
| Operating profit (loss) | 9901 | -€24,717 | -€64,971 | -€40,254 | -163% |
| Financial income | 75/76B | €514 | €521 | +€7 | +1.4% |
| Recurring financial income | 75 | €514 | €521 | +€7 | +1.4% |
| Financial charges | 65/66B | €229 | €231 | +€2 | +0.9% |
| Recurring financial charges | 65 | €229 | €231 | +€2 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,432 | -€64,681 | -€40,249 | -165% |
| Profit (loss) for the period | 9904 | -€24,432 | -€64,681 | -€40,249 | -165% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,432 | -€64,681 | -€40,249 | -165% |
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 14 October 2026 via checked.be.