TRIPLE B 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 B ADVISORS
Largest movements
- Receivables within one year -€100,918
down €100,918 (-38.7%), from €260,754 to €159,836
of which Trade receivables: -€99,776
- Tangible fixed assets -€68,661
down €68,661 (-16.2%), from €423,958 to €355,297
of which Leasing and similar rights: -€78,132
- Deferred charges and accrued income +€29,617
up €29,617 (+93.3%), from €31,735 to €61,352
- Cash -€16,302
down €16,302 (-50.7%), from €32,183 to €15,881
mainly Debts after one year (-€176,587) and Investment in fixed assets (net) (-€150,324)
- Debts after one year -€176,587
down €176,587 (-46.2%), from €382,624 to €206,037
- Trade debts +€116,588
up €116,588 (+104%), from €112,021 to €228,609
- Current portion of long-term debt -€84,635
down €84,635 (-41.8%), from €202,312 to €117,678
- Accrued charges and deferred income -€26,273
down €26,273 (-100%), from €26,273 to €0
- Profit (loss) carried forward +€14,644
up €14,644 (+19.7%), from -€74,321 to -€59,677
- Depreciation -€10,388
down €10,388 (-4.5%), from €229,373 to €218,985
- Gross operating margin +€2,902
up €2,902 (+1.2%), from €244,223 to €247,124
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 | €748,909 | €592,646 | -€156,264 | -20.9% |
| Fixed assets | 21/28 | €424,238 | €355,577 | -€68,661 | -16.2% |
| Tangible fixed assets | 22/27 | €423,958 | €355,297 | -€68,661 | -16.2% |
| Plant, machinery and equipment | 23 | €1,940 | €1,511 | -€428 | -22.1% |
| Furniture and vehicles | 24 | - | €9,900 | +€9,900 | |
| Leasing and similar rights | 25 | €422,018 | €343,886 | -€78,132 | -18.5% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €324,672 | €237,069 | -€87,603 | -27.0% |
| Amounts receivable within one year | 40/41 | €260,754 | €159,836 | -€100,918 | -38.7% |
| Trade receivables | 40 | €250,159 | €150,384 | -€99,776 | -39.9% |
| Other amounts receivable | 41 | €10,595 | €9,452 | -€1,142 | -10.8% |
| Cash at bank and in hand | 54/58 | €32,183 | €15,881 | -€16,302 | -50.7% |
| Deferred charges and accrued income | 490/1 | €31,735 | €61,352 | +€29,617 | +93.3% |
| Total equity and liabilities | 10/49 | €748,909 | €592,646 | -€156,264 | -20.9% |
| Equity | 10/15 | €25,679 | €40,323 | +€14,644 | +57.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,321 | -€59,677 | +€14,644 | +19.7% |
| Amounts payable | 17/49 | €723,231 | €552,323 | -€170,908 | -23.6% |
| Amounts payable after more than one year | 17 | €382,624 | €206,037 | -€176,587 | -46.2% |
| Financial debts | 170/4 | €382,624 | €206,037 | -€176,587 | -46.2% |
| Amounts payable within one year | 42/48 | €314,333 | €346,286 | +€31,953 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €202,312 | €117,678 | -€84,635 | -41.8% |
| Trade debts | 44 | €112,021 | €228,609 | +€116,588 | +104% |
| Suppliers | 440/4 | €112,021 | €228,609 | +€116,588 | +104% |
| Accrued charges and deferred income | 492/3 | €26,273 | €0 | -€26,273 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €229,373 | €218,985 | -€10,388 | -4.5% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €244,223 | €247,124 | +€2,902 | +1.2% |
| Operating profit (loss) | 9901 | €14,344 | €27,620 | +€13,275 | +92.5% |
| Financial income | 75/76B | €853 | €293 | -€560 | -65.6% |
| Recurring financial income | 75 | €853 | €293 | -€560 | -65.6% |
| Financial charges | 65/66B | €11,799 | €13,269 | +€1,470 | +12.5% |
| Recurring financial charges | 65 | €11,799 | €13,269 | +€1,470 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €3,399 | €14,644 | +€11,245 | +331% |
| Profit (loss) for the period | 9904 | €3,399 | €14,644 | +€11,245 | +331% |
| Profit (loss) for the period to be appropriated | 9905 | €3,399 | €14,644 | +€11,245 | +331% |
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 1 November 2026 via checked.be.