TRIPLE A PARTNERS: 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 PARTNERS
Largest movements
- Financial fixed assets +€552,481
up €552,481 (+2,256%), from €24,485 to €576,966
- Receivables within one year -€500,814
down €500,814 (-48.3%), from €1.0m to €536,730
of which Other amounts receivable: -€400,421
- Cash -€255,991
down €255,991 (-54.3%), from €471,349 to €215,358
mainly Investment in fixed assets (net) (-€555,839) and Contributions, distributions and other (-€470,000)
- Reserves -€280,000
down €280,000 (-22.3%), from €1.3m to €974,300
- Advances received +€100,300
new in 2025: €100,300
- Gross operating margin -€385,903
down €385,903 (-57.4%), from €671,930 to €286,027
- Other operating charges -€199,430
down €199,430 (-99.2%), from €200,968 to €1,538
- Taxes -€18,688
down €18,688 (-17.1%), from €109,153 to €90,465
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 | €1,561,174 | €1,358,438 | -€202,736 | -13.0% |
| Fixed assets | 21/28 | €26,265 | €580,334 | +€554,069 | +2,110% |
| Tangible fixed assets | 22/27 | €1,779 | €3,368 | +€1,589 | +89.3% |
| Furniture and vehicles | 24 | €1,779 | €3,368 | +€1,589 | +89.3% |
| Financial fixed assets | 28 | €24,485 | €576,966 | +€552,481 | +2,256% |
| Current assets | 29/58 | €1,534,909 | €778,104 | -€756,805 | -49.3% |
| Amounts receivable after more than one year | 29 | €26,016 | €26,016 | = | 0.0% |
| Other amounts receivable | 291 | €26,016 | €26,016 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,037,544 | €536,730 | -€500,814 | -48.3% |
| Trade receivables | 40 | €498,528 | €398,134 | -€100,394 | -20.1% |
| Other amounts receivable | 41 | €539,016 | €138,595 | -€400,421 | -74.3% |
| Cash at bank and in hand | 54/58 | €471,349 | €215,358 | -€255,991 | -54.3% |
| Total equity and liabilities | 10/49 | €1,561,174 | €1,358,438 | -€202,736 | -13.0% |
| Equity | 10/15 | €1,502,263 | €1,222,830 | -€279,433 | -18.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €1,254,300 | €974,300 | -€280,000 | -22.3% |
| Distributable reserves | 133 | €1,254,300 | €974,300 | -€280,000 | -22.3% |
| Profit (loss) carried forward | 14 | €227,503 | €228,070 | +€567 | +0.2% |
| Amounts payable | 17/49 | €58,910 | €135,608 | +€76,698 | +130% |
| Amounts payable within one year | 42/48 | €58,910 | €135,608 | +€76,698 | +130% |
| Trade debts | 44 | €15,601 | - | -€15,601 | |
| Suppliers | 440/4 | €15,601 | - | -€15,601 | |
| Advances received on contracts in progress | 46 | - | €100,300 | +€100,300 | |
| Taxes, remuneration and social security | 45 | €43,309 | €35,308 | -€8,001 | -18.5% |
| Taxes | 450/3 | €40,959 | €32,958 | -€8,001 | -19.5% |
| Remuneration and social security | 454/9 | €2,350 | €2,350 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,398 | €1,769 | +€371 | +26.6% |
| Other operating charges | 640/8 | €200,968 | €1,538 | -€199,430 | -99.2% |
| Gross operating margin | 9900 | €671,930 | €286,027 | -€385,903 | -57.4% |
| Operating profit (loss) | 9901 | €469,565 | €282,720 | -€186,844 | -39.8% |
| Financial charges | 65/66B | €5,083 | €1,689 | -€3,394 | -66.8% |
| Recurring financial charges | 65 | €5,083 | €1,689 | -€3,394 | -66.8% |
| Profit (loss) for the period before taxes | 9903 | €464,482 | €281,032 | -€183,451 | -39.5% |
| Income taxes | 67/77 | €109,153 | €90,465 | -€18,688 | -17.1% |
| Profit (loss) for the period | 9904 | €355,329 | €190,567 | -€164,763 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €355,329 | €190,567 | -€164,763 | -46.4% |
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 27 October 2026 via checked.be.