TRIPLE I JAQA: 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 I JAQA
Largest movements
- Deferred charges and accrued income +€5,732
up €5,732 (+820%), from €699 to €6,431
- Receivables within one year -€5,479
down €5,479 (-17.1%), from €31,950 to €26,471
of which Trade receivables: -€4,748
- Stocks and contracts +€5,000
up €5,000 (+28.9%), from €17,309 to €22,309
- Tangible fixed assets +€2,809
up €2,809 (+29.1%), from €9,644 to €12,453
of which Plant, machinery and equipment: +€2,629
- Cash -€1,806
no longer reported in 2025 (was €1,806)
mainly Other debts (-€6,327) and Trade debts (-€6,064)
- Profit (loss) carried forward +€9,047
up €9,047 (+59.5%), from €15,201 to €24,248
- Other debts -€6,327
down €6,327 (-80.5%), from €7,862 to €1,535
- Trade debts -€6,064
down €6,064 (-20.7%), from €29,257 to €23,193
- Current portion of long-term debt +€4,500
new in 2025: €4,500
- Short-term financial debts +€4,000
new in 2025: €4,000
- Gross operating margin -€25,865
down €25,865 (-18.7%), from €138,619 to €112,754
- Staff costs -€13,750
down €13,750 (-12.9%), from €106,967 to €93,217
- Taxes +€1,691
up €1,691 (+40.7%), from €4,156 to €5,847
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 | €67,575 | €72,831 | +€5,256 | +7.8% |
| Fixed assets | 21/28 | €15,811 | €17,620 | +€1,809 | +11.4% |
| Intangible fixed assets | 21 | €5,523 | €4,523 | -€1,000 | -18.1% |
| Tangible fixed assets | 22/27 | €9,644 | €12,453 | +€2,809 | +29.1% |
| Plant, machinery and equipment | 23 | €8,375 | €11,004 | +€2,629 | +31.4% |
| Furniture and vehicles | 24 | €1,269 | €1,449 | +€179 | +14.1% |
| Financial fixed assets | 28 | €644 | €644 | = | 0.0% |
| Current assets | 29/58 | €51,764 | €55,211 | +€3,447 | +6.7% |
| Stocks and contracts in progress | 3 | €17,309 | €22,309 | +€5,000 | +28.9% |
| Stocks | 30/36 | €17,309 | €22,309 | +€5,000 | +28.9% |
| Amounts receivable within one year | 40/41 | €31,950 | €26,471 | -€5,479 | -17.1% |
| Trade receivables | 40 | €30,335 | €25,586 | -€4,748 | -15.7% |
| Other amounts receivable | 41 | €1,616 | €885 | -€731 | -45.2% |
| Cash at bank and in hand | 54/58 | €1,806 | - | -€1,806 | |
| Deferred charges and accrued income | 490/1 | €699 | €6,431 | +€5,732 | +820% |
| Total equity and liabilities | 10/49 | €67,575 | €72,831 | +€5,256 | +7.8% |
| Equity | 10/15 | €20,201 | €29,248 | +€9,047 | +44.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,201 | €24,248 | +€9,047 | +59.5% |
| Amounts payable | 17/49 | €47,374 | €43,583 | -€3,791 | -8.0% |
| Amounts payable within one year | 42/48 | €47,374 | €43,583 | -€3,791 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,500 | +€4,500 | |
| Financial debts | 43 | - | €4,000 | +€4,000 | |
| Credit institutions | 430/8 | - | €4,000 | +€4,000 | |
| Trade debts | 44 | €29,257 | €23,193 | -€6,064 | -20.7% |
| Suppliers | 440/4 | €29,257 | €23,193 | -€6,064 | -20.7% |
| Taxes, remuneration and social security | 45 | €10,255 | €10,355 | +€100 | +1.0% |
| Taxes | 450/3 | €10,255 | €9,048 | -€1,207 | -11.8% |
| Remuneration and social security | 454/9 | - | €1,307 | +€1,307 | |
| Other amounts payable | 47/48 | €7,862 | €1,535 | -€6,327 | -80.5% |
| Remuneration, social security and pensions | 62 | €106,967 | €93,217 | -€13,750 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,270 | €3,925 | -€345 | -8.1% |
| Other operating charges | 640/8 | €247 | €279 | +€32 | +12.8% |
| Gross operating margin | 9900 | €138,619 | €112,754 | -€25,865 | -18.7% |
| Operating profit (loss) | 9901 | €27,135 | €15,333 | -€11,802 | -43.5% |
| Financial income | 75/76B | €41 | €8 | -€33 | -79.8% |
| Recurring financial income | 75 | €41 | €8 | -€33 | -79.8% |
| Financial charges | 65/66B | €939 | €448 | -€491 | -52.3% |
| Recurring financial charges | 65 | €939 | €448 | -€491 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €26,238 | €14,894 | -€11,344 | -43.2% |
| Income taxes | 67/77 | €4,156 | €5,847 | +€1,691 | +40.7% |
| Profit (loss) for the period | 9904 | €22,081 | €9,047 | -€13,034 | -59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,081 | €9,047 | -€13,034 | -59.0% |
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.