TRIPLE A ADVISORS: 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.
TRIPLE A ADVISORS
Largest movements
- Cash +€98,246
up €98,246 (+99.1%), from €99,140 to €197,386
mainly Net result for the year (+€231,599) and Tax, wage and social debts (+€28,667)
- Reserves +€104,943
up €104,943 (+11.3%), from €928,985 to €1.0m
- Tax, wage and social debts +€28,667
up €28,667 (+116%), from €24,636 to €53,303
- Gross operating margin +€57,007
up €57,007 (+20.3%), from €281,259 to €338,266
- Financial income +€33,028
new in 2025: €33,028
- Taxes +€23,132
up €23,132 (+25.4%), from €91,168 to €114,300
- Financial charges +€14,844
up €14,844 (+1,511%), from €982 to €15,826
- Other operating charges +€3,954
up €3,954 (+267%), from €1,479 to €5,432
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 | €1,056,742 | €1,180,882 | +€124,140 | +11.7% |
| Fixed assets | 21/28 | €7,517 | €8,590 | +€1,073 | +14.3% |
| Tangible fixed assets | 22/27 | €7,267 | €8,340 | +€1,073 | +14.8% |
| Furniture and vehicles | 24 | €184 | - | -€184 | |
| Other tangible fixed assets | 26 | €7,083 | €8,340 | +€1,257 | +17.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €1,049,225 | €1,172,292 | +€123,067 | +11.7% |
| Amounts receivable within one year | 40/41 | €1,588 | €11,926 | +€10,338 | +651% |
| Trade receivables | 40 | €823 | €11,923 | +€11,100 | +1,348% |
| Other amounts receivable | 41 | €764 | €3 | -€762 | -99.7% |
| Current investments | 50/53 | €948,498 | €957,948 | +€9,450 | +1.0% |
| Cash at bank and in hand | 54/58 | €99,140 | €197,386 | +€98,246 | +99.1% |
| Deferred charges and accrued income | 490/1 | - | €5,033 | +€5,033 | |
| Total equity and liabilities | 10/49 | €1,056,742 | €1,180,882 | +€124,140 | +11.7% |
| Equity | 10/15 | €959,594 | €1,064,537 | +€104,943 | +10.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €928,985 | €1,033,927 | +€104,943 | +11.3% |
| Distributable reserves | 133 | €928,985 | €1,033,927 | +€104,943 | +11.3% |
| Profit (loss) carried forward | 14 | €18,210 | €18,210 | = | 0.0% |
| Amounts payable | 17/49 | €97,148 | €116,345 | +€19,197 | +19.8% |
| Amounts payable within one year | 42/48 | €97,148 | €115,805 | +€18,657 | +19.2% |
| Financial debts | 43 | €110 | €271 | +€161 | +146% |
| Credit institutions | 430/8 | €110 | €271 | +€161 | +146% |
| Trade debts | 44 | €18,546 | €11,617 | -€6,929 | -37.4% |
| Suppliers | 440/4 | €18,546 | €11,617 | -€6,929 | -37.4% |
| Taxes, remuneration and social security | 45 | €24,636 | €53,303 | +€28,667 | +116% |
| Taxes | 450/3 | €24,636 | €53,303 | +€28,667 | +116% |
| Other amounts payable | 47/48 | €53,856 | €50,614 | -€3,241 | -6.0% |
| Accrued charges and deferred income | 492/3 | - | €540 | +€540 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,899 | €3,230 | -€669 | -17.2% |
| Other operating charges | 640/8 | €1,479 | €5,432 | +€3,954 | +267% |
| Non-recurring operating charges | 66A | - | €906 | +€906 | |
| Gross operating margin | 9900 | €281,259 | €338,266 | +€57,007 | +20.3% |
| Operating profit (loss) | 9901 | €275,881 | €328,697 | +€52,816 | +19.1% |
| Financial income | 75/76B | - | €33,028 | +€33,028 | |
| Recurring financial income | 75 | - | €33,028 | +€33,028 | |
| Financial charges | 65/66B | €982 | €15,826 | +€14,844 | +1,511% |
| Recurring financial charges | 65 | €982 | €15,826 | +€14,844 | +1,511% |
| Profit (loss) for the period before taxes | 9903 | €274,899 | €345,898 | +€71,000 | +25.8% |
| Income taxes | 67/77 | €91,168 | €114,300 | +€23,132 | +25.4% |
| Profit (loss) for the period | 9904 | €183,731 | €231,599 | +€47,868 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €183,731 | €231,599 | +€47,868 | +26.1% |
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 25 October 2026 via checked.be.