TRIPLE C: what changed
Two fiscal 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 C
Largest movements
- Receivables within one year +€26,373
up €26,373 (+37.4%), from €70,533 to €96,905
of which Trade receivables: +€19,446
- Tangible fixed assets -€6,828
down €6,828 (-61.9%), from €11,025 to €4,198
- Receivables after one year -€5,228
down €5,228 (-32.1%), from €16,309 to €11,081
- Financial fixed assets +€3,500
up €3,500 (+1.9%), from €180,001 to €183,501
- Trade debts +€34,881
up €34,881 (+96.2%), from €36,268 to €71,149
- Other debts -€10,630
down €10,630 (-49.1%), from €21,630 to €11,000
- Tax, wage and social debts -€7,402
down €7,402 (-18.2%), from €40,702 to €33,299
of which Taxes: -€7,788
- Short-term financial debts -€6,745
down €6,745 (-45.0%), from €15,000 to €8,255
- Debts after one year +€3,782
up €3,782 (+5.0%), from €76,141 to €79,923
of which Other amounts payable: +€25,839
- Gross operating margin -€58,766
down €58,766 (-75.9%), from €77,461 to €18,695
- Taxes -€13,749
down €13,749 (-75.0%), from €18,332 to €4,584
- Financial charges -€13,518
down €13,518 (-55.1%), from €24,531 to €11,013
of which Non-recurring financial charges: -€13,500
- Financial income -€3,970
down €3,970 (-25.8%), from €15,407 to €11,437
- Staff costs +€1,328
new in 2025: €1,328
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.
Cash bridge derived
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 | €304,846 | €320,824 | +€15,978 | +5.2% |
| Fixed assets | 21/28 | €211,266 | €205,513 | -€5,752 | -2.7% |
| Intangible fixed assets | 21 | €20,239 | €17,815 | -€2,425 | -12.0% |
| Tangible fixed assets | 22/27 | €11,025 | €4,198 | -€6,828 | -61.9% |
| Furniture and vehicles | 24 | €11,025 | €4,198 | -€6,828 | -61.9% |
| Financial fixed assets | 28 | €180,001 | €183,501 | +€3,500 | +1.9% |
| Current assets | 29/58 | €93,580 | €115,310 | +€21,730 | +23.2% |
| Amounts receivable after more than one year | 29 | €16,309 | €11,081 | -€5,228 | -32.1% |
| Other amounts receivable | 291 | €16,309 | €11,081 | -€5,228 | -32.1% |
| Amounts receivable within one year | 40/41 | €70,533 | €96,905 | +€26,373 | +37.4% |
| Trade receivables | 40 | €60,510 | €79,956 | +€19,446 | +32.1% |
| Other amounts receivable | 41 | €10,022 | €16,949 | +€6,927 | +69.1% |
| Current investments | 50/53 | €2,280 | €2,280 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,819 | €2,756 | +€937 | +51.5% |
| Deferred charges and accrued income | 490/1 | €2,639 | €2,288 | -€352 | -13.3% |
| Total equity and liabilities | 10/49 | €304,846 | €320,824 | +€15,978 | +5.2% |
| Equity | 10/15 | €93,568 | €93,925 | +€357 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,541 | €48,541 | = | 0.0% |
| Distributable reserves | 133 | €48,541 | €48,541 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,428 | €26,784 | +€357 | +1.4% |
| Amounts payable | 17/49 | €211,277 | €226,899 | +€15,621 | +7.4% |
| Amounts payable after more than one year | 17 | €76,141 | €79,923 | +€3,782 | +5.0% |
| Financial debts | 170/4 | €76,141 | €54,084 | -€22,056 | -29.0% |
| Other amounts payable | 178/9 | - | €25,839 | +€25,839 | |
| Amounts payable within one year | 42/48 | €135,005 | €145,760 | +€10,754 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €21,405 | €22,056 | +€651 | +3.0% |
| Financial debts | 43 | €15,000 | €8,255 | -€6,745 | -45.0% |
| Credit institutions | 430/8 | €15,000 | €8,255 | -€6,745 | -45.0% |
| Trade debts | 44 | €36,268 | €71,149 | +€34,881 | +96.2% |
| Suppliers | 440/4 | €36,268 | €71,149 | +€34,881 | +96.2% |
| Taxes, remuneration and social security | 45 | €40,702 | €33,299 | -€7,402 | -18.2% |
| Taxes | 450/3 | €40,702 | €32,913 | -€7,788 | -19.1% |
| Remuneration and social security | 454/9 | - | €386 | +€386 | |
| Other amounts payable | 47/48 | €21,630 | €11,000 | -€10,630 | -49.1% |
| Accrued charges and deferred income | 492/3 | €132 | €1,216 | +€1,084 | +823.7% |
| Non-recurring operating income | 76A | - | €534 | +€534 | |
| Remuneration, social security and pensions | 62 | - | €1,328 | +€1,328 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,933 | €10,846 | -€87 | -0.8% |
| Other operating charges | 640/8 | €1,230 | €1,538 | +€308 | +25.1% |
| Non-recurring operating charges | 66A | €4,675 | €466 | -€4,209 | -90.0% |
| Gross operating margin | 9900 | €77,461 | €18,695 | -€58,766 | -75.9% |
| Operating profit (loss) | 9901 | €60,624 | €4,516 | -€56,108 | -92.6% |
| Financial income | 75/76B | €15,407 | €11,437 | -€3,970 | -25.8% |
| Recurring financial income | 75 | €15,407 | €11,437 | -€3,970 | -25.8% |
| Financial charges | 65/66B | €24,531 | €11,013 | -€13,518 | -55.1% |
| Recurring financial charges | 65 | €4,531 | €4,513 | -€18 | -0.4% |
| Non-recurring financial charges | 66B | €20,000 | €6,500 | -€13,500 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | €51,500 | €4,940 | -€46,559 | -90.4% |
| Income taxes | 67/77 | €18,332 | €4,584 | -€13,749 | -75.0% |
| Profit (loss) for the period | 9904 | €33,167 | €357 | -€32,810 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,167 | €357 | -€32,810 | -98.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.