Triple Helix Alchemy: 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 Helix Alchemy
Largest movements
- Cash -€9,475
down €9,475 (-36.4%), from €26,021 to €16,546
mainly Net result for the year (-€59,196) and Trade debts (-€2,190)
- Profit (loss) carried forward -€59,196
down €59,196 (-312%), from -€18,957 to -€78,153
- Other debts +€53,752
up €53,752 (+10.0%), from €537,519 to €591,271
- Financial charges +€46,530
up €46,530 (+619%), from €7,511 to €54,041
- Financial income +€1,500
up €1,500 (+237%), from €633 to €2,133
- Gross operating margin +€1,360
up €1,360 (+15.9%), from -€8,528 to -€7,168
- Other operating charges -€148
down €148 (-55.2%), from €268 to €120
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 | €545,812 | €538,179 | -€7,633 | -1.4% |
| Fixed assets | 21/28 | €498,042 | €498,042 | = | 0.0% |
| Financial fixed assets | 28 | €498,042 | €498,042 | = | 0.0% |
| Current assets | 29/58 | €47,770 | €40,137 | -€7,633 | -16.0% |
| Amounts receivable within one year | 40/41 | €21,749 | €23,587 | +€1,839 | +8.5% |
| Other amounts receivable | 41 | €21,749 | €23,587 | +€1,839 | +8.5% |
| Cash at bank and in hand | 54/58 | €26,021 | €16,546 | -€9,475 | -36.4% |
| Deferred charges and accrued income | 490/1 | - | €3 | +€3 | |
| Total equity and liabilities | 10/49 | €545,812 | €538,179 | -€7,633 | -1.4% |
| Equity | 10/15 | €6,043 | -€53,153 | -€59,196 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,957 | -€78,153 | -€59,196 | -312% |
| Amounts payable | 17/49 | €539,769 | €591,331 | +€51,562 | +9.6% |
| Amounts payable within one year | 42/48 | €539,769 | €591,331 | +€51,562 | +9.6% |
| Trade debts | 44 | €2,250 | €61 | -€2,190 | -97.3% |
| Suppliers | 440/4 | €2,250 | €61 | -€2,190 | -97.3% |
| Other amounts payable | 47/48 | €537,519 | €591,271 | +€53,752 | +10.0% |
| Other operating charges | 640/8 | €268 | €120 | -€148 | -55.2% |
| Gross operating margin | 9900 | -€8,528 | -€7,168 | +€1,360 | +15.9% |
| Operating profit (loss) | 9901 | -€8,796 | -€7,288 | +€1,508 | +17.1% |
| Financial income | 75/76B | €633 | €2,133 | +€1,500 | +237% |
| Recurring financial income | 75 | €633 | €2,133 | +€1,500 | +237% |
| Financial charges | 65/66B | €7,511 | €54,041 | +€46,530 | +619% |
| Recurring financial charges | 65 | €7,511 | €54,041 | +€46,530 | +619% |
| Profit (loss) for the period before taxes | 9903 | -€15,674 | -€59,196 | -€43,521 | -278% |
| Profit (loss) for the period | 9904 | -€15,674 | -€59,196 | -€43,521 | -278% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,674 | -€59,196 | -€43,521 | -278% |
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 31 October 2026 via checked.be.