Triple A Plus: 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 Plus
Largest movements
- Receivables within one year -€102,039
down €102,039 (-96.9%), from €105,346 to €3,306
of which Other amounts receivable: -€63,500
- Tangible fixed assets +€63,070
up €63,070 (+489%), from €12,887 to €75,957
of which Other tangible fixed assets: +€61,502
- Cash -€5,297
down €5,297 (-31.5%), from €16,829 to €11,531
- Profit (loss) carried forward -€43,091
new in 2025: -€43,091
- Depreciation +€30,145
up €30,145 (+564%), from €5,345 to €35,490
- Gross operating margin -€20,794
down €20,794 (-96.0%), from €21,661 to €867
- Financial income -€2,178
no longer reported in 2025 (was €2,178)
- Taxes -€2,176
down €2,176 (-27.6%), from €7,884 to €5,708
- Other operating charges +€1,788
up €1,788 (+395%), from €453 to €2,240
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,813 | €191,546 | -€44,267 | -18.8% |
| Fixed assets | 21/28 | €12,887 | €75,957 | +€63,070 | +489% |
| Tangible fixed assets | 22/27 | €12,887 | €75,957 | +€63,070 | +489% |
| Plant, machinery and equipment | 23 | - | €853 | +€853 | |
| Furniture and vehicles | 24 | €2,509 | €3,224 | +€715 | +28.5% |
| Other tangible fixed assets | 26 | €10,377 | €71,879 | +€61,502 | +593% |
| Current assets | 29/58 | €222,926 | €115,590 | -€107,337 | -48.1% |
| Amounts receivable within one year | 40/41 | €105,346 | €3,306 | -€102,039 | -96.9% |
| Trade receivables | 40 | €40,750 | €2,211 | -€38,539 | -94.6% |
| Other amounts receivable | 41 | €64,596 | €1,095 | -€63,500 | -98.3% |
| Current investments | 50/53 | €100,752 | €100,752 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,829 | €11,531 | -€5,297 | -31.5% |
| Total equity and liabilities | 10/49 | €235,813 | €191,546 | -€44,267 | -18.8% |
| Equity | 10/15 | €234,485 | €191,394 | -€43,091 | -18.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €229,485 | €229,485 | = | 0.0% |
| Distributable reserves | 133 | €229,485 | €229,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€43,091 | -€43,091 | |
| Amounts payable | 17/49 | €1,328 | €152 | -€1,176 | -88.6% |
| Amounts payable within one year | 42/48 | €1,328 | €152 | -€1,176 | -88.6% |
| Trade debts | 44 | €1,198 | €152 | -€1,046 | -87.3% |
| Suppliers | 440/4 | €1,198 | €152 | -€1,046 | -87.3% |
| Taxes, remuneration and social security | 45 | €130 | - | -€130 | |
| Taxes | 450/3 | €130 | - | -€130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,345 | €35,490 | +€30,145 | +564% |
| Other operating charges | 640/8 | €453 | €2,240 | +€1,788 | +395% |
| Gross operating margin | 9900 | €21,661 | €867 | -€20,794 | -96.0% |
| Operating profit (loss) | 9901 | €15,863 | -€36,863 | -€52,727 | |
| Financial income | 75/76B | €2,178 | - | -€2,178 | |
| Recurring financial income | 75 | €2,178 | - | -€2,178 | |
| Financial charges | 65/66B | €63 | €519 | +€456 | +722% |
| Recurring financial charges | 65 | €63 | €519 | +€456 | +722% |
| Profit (loss) for the period before taxes | 9903 | €17,978 | -€37,382 | -€55,361 | |
| Income taxes | 67/77 | €7,884 | €5,708 | -€2,176 | -27.6% |
| Profit (loss) for the period | 9904 | €10,094 | -€43,091 | -€53,185 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,094 | -€43,091 | -€53,185 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 29 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.