Triple Helix Material Impact: 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 Material Impact
Largest movements
- Receivables within one year -€50,065
down €50,065 (-37.0%), from €135,295 to €85,231
of which Trade receivables: -€46,405
- Cash +€8,303
up €8,303 (+583%), from €1,423 to €9,726
mainly Trade debts (+€77,175) and Receivables within one year (+€50,065)
- Trade debts +€77,175
up €77,175 (+814%), from €9,478 to €86,654
- Advances received -€65,973
no longer reported in 2025 (was €65,973)
- Other debts -€36,369
down €36,369 (-41.8%), from €87,012 to €50,644
- Short-term financial debts +€27,273
up €27,273 (+119%), from €22,985 to €50,258
- Tax, wage and social debts -€25,702
down €25,702 (-41.1%), from €62,466 to €36,764
- Gross operating margin -€62,214
down €62,214 (-87.9%), from €70,739 to €8,525
- Taxes -€12,645
down €12,645 (-98.9%), from €12,791 to €146
- Depreciation -€3,384
down €3,384 (-19.9%), from €17,036 to €13,652
- Financial charges +€3,061
up €3,061 (+27.4%), from €11,180 to €14,241
- Other operating charges +€2,416
up €2,416 (+283%), from €854 to €3,270
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 | €328,015 | €288,031 | -€39,984 | -12.2% |
| Fixed assets | 21/28 | €45,221 | €48,074 | +€2,853 | +6.3% |
| Tangible fixed assets | 22/27 | €45,221 | €48,074 | +€2,853 | +6.3% |
| Plant, machinery and equipment | 23 | €377 | €139 | -€238 | -63.2% |
| Furniture and vehicles | 24 | €7,844 | €3,211 | -€4,633 | -59.1% |
| Other tangible fixed assets | 26 | €37,000 | €44,724 | +€7,724 | +20.9% |
| Current assets | 29/58 | €282,794 | €239,957 | -€42,837 | -15.1% |
| Amounts receivable after more than one year | 29 | €145,000 | €145,000 | = | 0.0% |
| Other amounts receivable | 291 | €145,000 | €145,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €135,295 | €85,231 | -€50,065 | -37.0% |
| Trade receivables | 40 | €54,523 | €8,118 | -€46,405 | -85.1% |
| Other amounts receivable | 41 | €80,772 | €77,112 | -€3,660 | -4.5% |
| Cash at bank and in hand | 54/58 | €1,423 | €9,726 | +€8,303 | +583% |
| Deferred charges and accrued income | 490/1 | €1,075 | - | -€1,075 | |
| Total equity and liabilities | 10/49 | €328,015 | €288,031 | -€39,984 | -12.2% |
| Equity | 10/15 | €20,100 | €3,711 | -€16,389 | -81.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,500 | - | -€1,500 | |
| Distributable reserves | 133 | €1,500 | - | -€1,500 | |
| Profit (loss) carried forward | 14 | - | -€14,889 | -€14,889 | |
| Amounts payable | 17/49 | €307,915 | €284,320 | -€23,595 | -7.7% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 170/4 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €247,915 | €224,320 | -€23,595 | -9.5% |
| Financial debts | 43 | €22,985 | €50,258 | +€27,273 | +119% |
| Credit institutions | 430/8 | €22,985 | €50,258 | +€27,273 | +119% |
| Trade debts | 44 | €9,478 | €86,654 | +€77,175 | +814% |
| Suppliers | 440/4 | €9,478 | €86,654 | +€77,175 | +814% |
| Advances received on contracts in progress | 46 | €65,973 | - | -€65,973 | |
| Taxes, remuneration and social security | 45 | €62,466 | €36,764 | -€25,702 | -41.1% |
| Taxes | 450/3 | €62,466 | €36,764 | -€25,702 | -41.1% |
| Other amounts payable | 47/48 | €87,012 | €50,644 | -€36,369 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,036 | €13,652 | -€3,384 | -19.9% |
| Other operating charges | 640/8 | €854 | €3,270 | +€2,416 | +283% |
| Gross operating margin | 9900 | €70,739 | €8,525 | -€62,214 | -87.9% |
| Operating profit (loss) | 9901 | €52,850 | -€8,396 | -€61,246 | |
| Financial income | 75/76B | €7,490 | €6,394 | -€1,095 | -14.6% |
| Recurring financial income | 75 | €7,490 | €6,394 | -€1,095 | -14.6% |
| Financial charges | 65/66B | €11,180 | €14,241 | +€3,061 | +27.4% |
| Recurring financial charges | 65 | €11,180 | €14,241 | +€3,061 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €49,159 | -€16,243 | -€65,402 | |
| Income taxes | 67/77 | €12,791 | €146 | -€12,645 | -98.9% |
| Profit (loss) for the period | 9904 | €36,369 | -€16,389 | -€52,757 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,369 | -€16,389 | -€52,757 |
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 29 October 2026 via checked.be.