Triple-D: 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-D
Largest movements
- Receivables within one year +€96,604
up €96,604 (+41.6%), from €232,470 to €329,074
of which Trade receivables: +€90,818
- Stocks and contracts -€47,672
down €47,672 (-54.7%), from €87,124 to €39,451
of which Contracts in progress: -€40,137
- Tangible fixed assets -€35,969
down €35,969 (-18.3%), from €196,301 to €160,331
of which Plant, machinery and equipment: -€27,448
- Deferred charges and accrued income +€11,585
up €11,585 (+179.5%), from €6,453 to €18,038
- Reserves +€92,365
up €92,365 (+24.4%), from €377,945 to €470,310
- Debts after one year -€43,128
down €43,128 (-40.0%), from €107,856 to €64,728
- Other debts -€35,332
down €35,332 (-47.3%), from €74,764 to €39,432
- Trade debts +€12,479
up €12,479 (+395.0%), from €3,159 to €15,638
- Tax, wage and social debts +€8,364
up €8,364 (+56.5%), from €14,808 to €23,173
of which Taxes: +€17,044
- Gross operating margin +€166,355
up €166,355 (+55.6%), from €299,112 to €465,467
- Staff costs +€60,101
up €60,101 (+31.7%), from €189,720 to €249,821
- Taxes +€26,890
up €26,890 (+233.6%), from €11,512 to €38,402
- Depreciation +€10,027
up €10,027 (+15.7%), from €63,766 to €73,793
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 | €643,831 | €681,465 | +€37,634 | +5.8% |
| Fixed assets | 21/28 | €196,301 | €166,739 | -€29,561 | -15.1% |
| Tangible fixed assets | 22/27 | €196,301 | €160,331 | -€35,969 | -18.3% |
| Land and buildings | 22 | €12,993 | €6,497 | -€6,497 | -50.0% |
| Plant, machinery and equipment | 23 | €179,035 | €151,587 | -€27,448 | -15.3% |
| Furniture and vehicles | 24 | €4,272 | €2,248 | -€2,024 | -47.4% |
| Financial fixed assets | 28 | - | €6,408 | +€6,408 | |
| Current assets | 29/58 | €447,530 | €514,726 | +€67,195 | +15.0% |
| Stocks and contracts in progress | 3 | €87,124 | €39,451 | -€47,672 | -54.7% |
| Stocks | 30/36 | €19,134 | €11,599 | -€7,535 | -39.4% |
| Contracts in progress | 37 | €67,989 | €27,852 | -€40,137 | -59.0% |
| Amounts receivable within one year | 40/41 | €232,470 | €329,074 | +€96,604 | +41.6% |
| Trade receivables | 40 | €211,824 | €302,642 | +€90,818 | +42.9% |
| Other amounts receivable | 41 | €20,646 | €26,432 | +€5,787 | +28.0% |
| Cash at bank and in hand | 54/58 | €121,484 | €128,163 | +€6,678 | +5.5% |
| Deferred charges and accrued income | 490/1 | €6,453 | €18,038 | +€11,585 | +179.5% |
| Total equity and liabilities | 10/49 | €643,831 | €681,465 | +€37,634 | +5.8% |
| Equity | 10/15 | €403,002 | €495,367 | +€92,365 | +22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €377,945 | €470,310 | +€92,365 | +24.4% |
| Distributable reserves | 133 | €377,945 | €470,310 | +€92,365 | +24.4% |
| Profit (loss) carried forward | 14 | €6,457 | €6,457 | = | 0.0% |
| Amounts payable | 17/49 | €240,829 | €186,098 | -€54,731 | -22.7% |
| Amounts payable after more than one year | 17 | €107,856 | €64,728 | -€43,128 | -40.0% |
| Financial debts | 170/4 | €107,856 | €64,728 | -€43,128 | -40.0% |
| Amounts payable within one year | 42/48 | €132,973 | €121,370 | -€11,603 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €40,242 | €43,128 | +€2,886 | +7.2% |
| Trade debts | 44 | €3,159 | €15,638 | +€12,479 | +395.0% |
| Suppliers | 440/4 | €3,159 | €15,638 | +€12,479 | +395.0% |
| Taxes, remuneration and social security | 45 | €14,808 | €23,173 | +€8,364 | +56.5% |
| Taxes | 450/3 | €1,141 | €18,185 | +€17,044 | +1493.2% |
| Remuneration and social security | 454/9 | €13,667 | €4,987 | -€8,680 | -63.5% |
| Other amounts payable | 47/48 | €74,764 | €39,432 | -€35,332 | -47.3% |
| Non-recurring operating income | 76A | €1,060 | €4,716 | +€3,656 | +345.1% |
| Remuneration, social security and pensions | 62 | €189,720 | €249,821 | +€60,101 | +31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,766 | €73,793 | +€10,027 | +15.7% |
| Other operating charges | 640/8 | €1,825 | €4,184 | +€2,359 | +129.2% |
| Gross operating margin | 9900 | €299,112 | €465,467 | +€166,355 | +55.6% |
| Operating profit (loss) | 9901 | €43,800 | €137,670 | +€93,869 | +214.3% |
| Financial income | 75/76B | €657 | €1,127 | +€471 | +71.7% |
| Recurring financial income | 75 | €657 | €1,127 | +€471 | +71.7% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €7,492 | €8,030 | +€538 | +7.2% |
| Recurring financial charges | 65 | €7,492 | €8,030 | +€538 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €36,964 | €130,767 | +€93,803 | +253.8% |
| Income taxes | 67/77 | €11,512 | €38,402 | +€26,890 | +233.6% |
| Profit (loss) for the period | 9904 | €25,453 | €92,365 | +€66,912 | +262.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,453 | €92,365 | +€66,912 | +262.9% |
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 11 October 2026 via checked.be.