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.
What changed
Triple-M
NACE 46.180, Agents specialised in the wholesale of other particular products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €1.6m-€338,328
Equity
€7.3m
2024 · €6.1m+€1.2m
Cash
€1.5m
2024 · €901,477+€580,107
Balance sheet total
€10.5m
2024 · €7.8m+€2.6m
Largest movements
Assets
- Receivables after one year +€3.8m
new in 2025: €3.8m
- Receivables within one year -€1.7m
down €1.7m (-28.5%), from €6.0m to €4.3m
of which Other amounts receivable: -€3.5m
- Cash +€580,107
up €580,107 (+64.4%), from €901,477 to €1.5m
mainly Receivables within one year (+€1.7m) and Trade debts (+€1.4m)
Equity and liabilities
- Trade debts +€1.4m
up €1.4m (+145%), from €933,572 to €2.3m
- Profit (loss) carried forward +€1.2m
up €1.2m (+20.2%), from €6.1m to €7.3m
Income statement
- Turnover +€2.0m
up €2.0m (+16.2%), from €12.2m to €14.2m
- Services and other goods +€1.1m
up €1.1m (+77.0%), from €1.5m to €2.6m
- Goods and materials +€1.1m
up €1.1m (+13.6%), from €8.2m to €9.3m
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.
Result 2024
€1.6m
Turnover
+€2.0m
Other operating income
-€9,979
Goods and materials
-€1.1m
Services and other goods
-€1.1m
Staff costs
-€131,996
Depreciation
-€6,057
Other operating charges
-€609
Other operating items
+€12,190
Financial income
-€26,171
Financial charges
+€17,151
Taxes
+€70,085
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€717,941
Investment
-€98,845
Financing
-€38,989
Cash 2024
€901,477
From operations (derived)
+€717,941
Net result for the year
+€1.2m
Depreciation
+€108,908
Receivables after one year
-€3.8m
Receivables within one year
+€1.7m
Deferred charges and accrued income
+€24,017
Trade debts
+€1.4m
Tax, wage and social debts
+€71,000
Accrued charges and deferred income
+€1,247
Investment (derived)
-€98,845
Investment in fixed assets (net)
-€55,135
Current investments
-€43,710
Financing
-€38,989
Debts after one year
-€39,446
Current portion of long-term debt
+€1,620
Short-term financial debts
-€1,162
Cash 2025
€1.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,840,951 | €10,454,488 | +€2.6m | +33.3% |
| Fixed assets | 21/28 | €798,041 | €744,268 | -€53,773 | -6.7% |
| Tangible fixed assets | 22/27 | €798,041 | €744,268 | -€53,773 | -6.7% |
| Land and buildings | 22 | €687,044 | €623,027 | -€64,018 | -9.3% |
| Plant, machinery and equipment | 23 | €71,859 | €67,163 | -€4,696 | -6.5% |
| Furniture and vehicles | 24 | €28,847 | €43,788 | +€14,941 | +51.8% |
| Other tangible fixed assets | 26 | €10,291 | €10,291 | = | 0.0% |
| Current assets | 29/58 | €7,042,910 | €9,710,220 | +€2.7m | +37.9% |
| Amounts receivable after more than one year | 29 | - | €3,785,742 | +€3.8m | |
| Other amounts receivable | 291 | - | €3,785,742 | +€3.8m | |
| Amounts receivable within one year | 40/41 | €6,024,167 | €4,305,935 | -€1.7m | -28.5% |
| Trade receivables | 40 | €2,141,685 | €3,936,468 | +€1.8m | +83.8% |
| Other amounts receivable | 41 | €3,882,482 | €369,468 | -€3.5m | -90.5% |
| Current investments | 50/53 | €64,750 | €108,460 | +€43,710 | +67.5% |
| Other investments | 51/53 | €64,750 | €108,460 | +€43,710 | +67.5% |
| Cash at bank and in hand | 54/58 | €901,477 | €1,481,584 | +€580,107 | +64.4% |
| Deferred charges and accrued income | 490/1 | €52,515 | €28,498 | -€24,017 | -45.7% |
| Total equity and liabilities | 10/49 | €7,840,951 | €10,454,488 | +€2.6m | +33.3% |
| Equity | 10/15 | €6,090,394 | €7,314,179 | +€1.2m | +20.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,069,934 | €7,293,719 | +€1.2m | +20.2% |
| Amounts payable | 17/49 | €1,750,557 | €3,140,309 | +€1.4m | +79.4% |
| Amounts payable after more than one year | 17 | €322,138 | €282,692 | -€39,446 | -12.2% |
| Financial debts | 170/4 | €322,138 | €282,692 | -€39,446 | -12.2% |
| Credit institutions | 173 | €322,138 | €282,692 | -€39,446 | -12.2% |
| Amounts payable within one year | 42/48 | €1,428,419 | €2,856,370 | +€1.4m | +100.0% |
| Current portion of amounts payable after more than one year | 42 | €37,336 | €38,955 | +€1,620 | +4.3% |
| Financial debts | 43 | €378,208 | €377,046 | -€1,162 | -0.3% |
| Credit institutions | 430/8 | €378,208 | €377,046 | -€1,162 | -0.3% |
| Trade debts | 44 | €933,572 | €2,290,066 | +€1.4m | +145% |
| Suppliers | 440/4 | €933,572 | €2,290,066 | +€1.4m | +145% |
| Taxes, remuneration and social security | 45 | €79,303 | €150,303 | +€71,000 | +89.5% |
| Taxes | 450/3 | €23,868 | €35,661 | +€11,793 | +49.4% |
| Remuneration and social security | 454/9 | €55,435 | €114,642 | +€59,207 | +107% |
| Accrued charges and deferred income | 492/3 | - | €1,247 | +€1,247 | |
| Operating income | 70/76A | €12,240,881 | €14,217,004 | +€2.0m | +16.1% |
| Turnover | 70 | €12,199,273 | €14,173,184 | +€2.0m | +16.2% |
| Other operating income | 74 | €41,609 | €31,629 | -€9,979 | -24.0% |
| Non-recurring operating income | 76A | - | €12,190 | +€12,190 | |
| Operating charges | 60/66A | €10,332,809 | €12,708,324 | +€2.4m | +23.0% |
| Goods for resale, raw materials and consumables | 60 | €8,166,973 | €9,280,625 | +€1.1m | +13.6% |
| Purchases | 600/8 | €8,166,973 | €9,280,625 | +€1.1m | +13.6% |
| Services and other goods | 61 | €1,459,186 | €2,582,387 | +€1.1m | +77.0% |
| Remuneration, social security and pensions | 62 | €598,233 | €730,229 | +€131,996 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,851 | €108,908 | +€6,057 | +5.9% |
| Other operating charges | 640/8 | €5,566 | €6,175 | +€609 | +10.9% |
| Operating profit (loss) | 9901 | €1,908,072 | €1,508,680 | -€399,392 | -20.9% |
| Financial income | 75/76B | €197,977 | €171,806 | -€26,171 | -13.2% |
| Recurring financial income | 75 | €197,977 | €171,806 | -€26,171 | -13.2% |
| Income from current assets | 751 | €197,977 | €171,806 | -€26,171 | -13.2% |
| Financial charges | 65/66B | €45,437 | €28,286 | -€17,151 | -37.7% |
| Recurring financial charges | 65 | €45,437 | €28,286 | -€17,151 | -37.7% |
| Debt charges | 650 | €45,437 | €28,286 | -€17,151 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €2,060,612 | €1,652,200 | -€408,412 | -19.8% |
| Income taxes | 67/77 | €498,499 | €428,414 | -€70,085 | -14.1% |
| Taxes | 670/3 | €498,499 | €428,414 | -€70,085 | -14.1% |
| Profit (loss) for the period | 9904 | €1,562,113 | €1,223,785 | -€338,328 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,562,113 | €1,223,785 | -€338,328 | -21.7% |
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 18 October 2026 via checked.be.