TRIANGULUM CONSULTING: 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.
TRIANGULUM CONSULTING
Largest movements
- Current investments +€320,000
up €320,000 (+246%), from €130,000 to €450,000
- Cash -€131,111
down €131,111 (-64.0%), from €204,928 to €73,817
mainly Current investments (-€320,000) and Investment in fixed assets (net) (-€54,142)
- Tangible fixed assets +€33,790
up €33,790 (+64.7%), from €52,213 to €86,003
of which Furniture and vehicles: +€34,904
- Receivables within one year -€22,192
down €22,192 (-44.2%), from €50,191 to €27,999
of which Other amounts receivable: -€21,866
- Reserves +€183,787
up €183,787 (+45.7%), from €402,207 to €585,993
of which Distributable reserves: +€183,787
- Tax, wage and social debts +€12,812
up €12,812 (+39.5%), from €32,397 to €45,208
of which Taxes: +€19,112
- Gross operating margin +€218,980
up €218,980 (+195%), from €112,151 to €331,132
- Taxes +€65,459
up €65,459 (+219%), from €29,830 to €95,289
- Depreciation +€5,344
up €5,344 (+35.6%), from €15,008 to €20,352
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 | €442,166 | €639,984 | +€197,818 | +44.7% |
| Fixed assets | 21/28 | €52,213 | €86,003 | +€33,790 | +64.7% |
| Tangible fixed assets | 22/27 | €52,213 | €86,003 | +€33,790 | +64.7% |
| Plant, machinery and equipment | 23 | €947 | €653 | -€294 | -31.1% |
| Furniture and vehicles | 24 | €46,866 | €81,770 | +€34,904 | +74.5% |
| Other tangible fixed assets | 26 | €4,400 | €3,580 | -€820 | -18.6% |
| Current assets | 29/58 | €389,953 | €553,982 | +€164,029 | +42.1% |
| Amounts receivable within one year | 40/41 | €50,191 | €27,999 | -€22,192 | -44.2% |
| Trade receivables | 40 | €23,790 | €23,464 | -€326 | -1.4% |
| Other amounts receivable | 41 | €26,401 | €4,535 | -€21,866 | -82.8% |
| Current investments | 50/53 | €130,000 | €450,000 | +€320,000 | +246% |
| Cash at bank and in hand | 54/58 | €204,928 | €73,817 | -€131,111 | -64.0% |
| Deferred charges and accrued income | 490/1 | €4,834 | €2,166 | -€2,668 | -55.2% |
| Total equity and liabilities | 10/49 | €442,166 | €639,984 | +€197,818 | +44.7% |
| Equity | 10/15 | €408,407 | €592,193 | +€183,787 | +45.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €402,207 | €585,993 | +€183,787 | +45.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €402,207 | €585,993 | +€183,787 | +45.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,759 | €47,791 | +€14,032 | +41.6% |
| Amounts payable within one year | 42/48 | €33,485 | €47,133 | +€13,649 | +40.8% |
| Trade debts | 44 | €40 | €877 | +€837 | +2,082% |
| Suppliers | 440/4 | €40 | €877 | +€837 | +2,082% |
| Taxes, remuneration and social security | 45 | €32,397 | €45,208 | +€12,812 | +39.5% |
| Taxes | 450/3 | €26,097 | €45,208 | +€19,112 | +73.2% |
| Remuneration and social security | 454/9 | €6,300 | €0 | -€6,300 | -100% |
| Other amounts payable | 47/48 | €1,048 | €1,048 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €275 | €658 | +€383 | +139% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,008 | €20,352 | +€5,344 | +35.6% |
| Other operating charges | 640/8 | €842 | €1,248 | +€405 | +48.1% |
| Non-recurring operating charges | 66A | - | €11,424 | +€11,424 | |
| Gross operating margin | 9900 | €112,151 | €331,132 | +€218,980 | +195% |
| Operating profit (loss) | 9901 | €96,301 | €298,108 | +€201,807 | +210% |
| Financial income | 75/76B | €7,863 | €8,772 | +€908 | +11.6% |
| Recurring financial income | 75 | €7,863 | €8,772 | +€908 | +11.6% |
| Financial charges | 65/66B | €345 | €70 | -€275 | -79.6% |
| Recurring financial charges | 65 | €345 | €70 | -€275 | -79.6% |
| Profit (loss) for the period before taxes | 9903 | €103,819 | €306,809 | +€202,990 | +196% |
| Income taxes | 67/77 | €29,830 | €95,289 | +€65,459 | +219% |
| Profit (loss) for the period | 9904 | €73,989 | €211,520 | +€137,531 | +186% |
| Profit (loss) for the period to be appropriated | 9905 | €73,989 | €211,520 | +€137,531 | +186% |
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 24 October 2026 via checked.be.