Triple M: 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 M
Largest movements
- Tangible fixed assets -€4,127
down €4,127 (-6.7%), from €61,905 to €57,778
- Receivables within one year +€2,819
up €2,819 (+11.2%), from €25,131 to €27,950
of which Other amounts receivable: +€2,655
- Financial fixed assets -€2,500
down €2,500 (-71.4%), from €3,500 to €1,000
- Cash +€1,747
up €1,747 (+7.1%), from €24,456 to €26,202
mainly Net result for the year (+€11,588) and Depreciation (+€4,127)
- Profit (loss) carried forward +€11,588
up €11,588, from -€1,435 to €10,154
- Other debts -€10,386
down €10,386 (-33.2%), from €31,238 to €20,852
- Debts after one year -€7,453
down €7,453 (-16.5%), from €45,191 to €37,738
- Tax, wage and social debts +€2,823
up €2,823 (+95.0%), from €2,972 to €5,796
of which Remuneration and social security: +€2,400
- Trade debts +€1,249
up €1,249 (+44.3%), from €2,817 to €4,067
- Gross operating margin -€22,658
down €22,658 (-54.2%), from €41,802 to €19,145
- Financial charges +€1,003
up €1,003 (+52.2%), from €1,921 to €2,924
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 | €115,080 | €113,019 | -€2,061 | -1.8% |
| Fixed assets | 21/28 | €65,405 | €58,778 | -€6,627 | -10.1% |
| Tangible fixed assets | 22/27 | €61,905 | €57,778 | -€4,127 | -6.7% |
| Other tangible fixed assets | 26 | €61,905 | €57,778 | -€4,127 | -6.7% |
| Financial fixed assets | 28 | €3,500 | €1,000 | -€2,500 | -71.4% |
| Current assets | 29/58 | €49,675 | €54,241 | +€4,566 | +9.2% |
| Amounts receivable within one year | 40/41 | €25,131 | €27,950 | +€2,819 | +11.2% |
| Trade receivables | 40 | €24,100 | €24,264 | +€164 | +0.7% |
| Other amounts receivable | 41 | €1,031 | €3,686 | +€2,655 | +258% |
| Cash at bank and in hand | 54/58 | €24,456 | €26,202 | +€1,747 | +7.1% |
| Deferred charges and accrued income | 490/1 | €89 | €89 | +€0 | +0.3% |
| Total equity and liabilities | 10/49 | €115,080 | €113,019 | -€2,061 | -1.8% |
| Equity | 10/15 | €25,515 | €37,104 | +€11,588 | +45.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,350 | €8,350 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,490 | €6,490 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,435 | €10,154 | +€11,588 | |
| Amounts payable | 17/49 | €89,565 | €75,915 | -€13,650 | -15.2% |
| Amounts payable after more than one year | 17 | €45,191 | €37,738 | -€7,453 | -16.5% |
| Financial debts | 170/4 | €45,191 | €37,738 | -€7,453 | -16.5% |
| Amounts payable within one year | 42/48 | €44,374 | €38,177 | -€6,197 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €7,345 | €7,453 | +€108 | +1.5% |
| Financial debts | 43 | €1 | €10 | +€9 | +668% |
| Credit institutions | 430/8 | €1 | €10 | +€9 | +668% |
| Trade debts | 44 | €2,817 | €4,067 | +€1,249 | +44.3% |
| Suppliers | 440/4 | €2,817 | €4,067 | +€1,249 | +44.3% |
| Taxes, remuneration and social security | 45 | €2,972 | €5,796 | +€2,823 | +95.0% |
| Taxes | 450/3 | €2,972 | €3,396 | +€423 | +14.2% |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €31,238 | €20,852 | -€10,386 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,127 | €4,127 | +€0 | 0.0% |
| Other operating charges | 640/8 | €860 | €505 | -€354 | -41.2% |
| Gross operating margin | 9900 | €41,802 | €19,145 | -€22,658 | -54.2% |
| Operating profit (loss) | 9901 | €36,816 | €14,512 | -€22,304 | -60.6% |
| Financial charges | 65/66B | €1,921 | €2,924 | +€1,003 | +52.2% |
| Recurring financial charges | 65 | €1,921 | €2,924 | +€1,003 | +52.2% |
| Profit (loss) for the period before taxes | 9903 | €34,895 | €11,588 | -€23,307 | -66.8% |
| Profit (loss) for the period | 9904 | €34,895 | €11,588 | -€23,307 | -66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,895 | €11,588 | -€23,307 | -66.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.