Triple-M Consulting: 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 Consulting
Largest movements
- Tangible fixed assets +€668,086
up €668,086 (+49.1%), from €1.4m to €2.0m
of which Plant, machinery and equipment: +€631,090
- Receivables within one year -€645,825
down €645,825 (-87.8%), from €735,857 to €90,032
of which Trade receivables: -€590,000
- Current investments -€46,822
down €46,822 (-25.5%), from €183,583 to €136,761
- Cash -€38,126
down €38,126 (-45.0%), from €84,700 to €46,574
mainly Investment in fixed assets (net) (-€849,866) and Debts after one year (-€57,589)
- Debts after one year -€57,589
down €57,589 (-11.6%), from €497,701 to €440,112
- Depreciation +€103,836
up €103,836 (+133%), from €77,944 to €181,780
- Gross operating margin +€62,849
up €62,849 (+48.2%), from €130,510 to €193,359
- Financial charges -€16,837
down €16,837 (-33.3%), from €50,567 to €33,730
- Taxes +€12,162
up €12,162 (+122%), from €9,929 to €22,091
- Other operating charges -€2,404
down €2,404 (-48.4%), from €4,964 to €2,560
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 | €2,365,307 | €2,302,621 | -€62,686 | -2.7% |
| Fixed assets | 21/28 | €1,361,167 | €2,029,254 | +€668,086 | +49.1% |
| Tangible fixed assets | 22/27 | €1,361,167 | €2,029,254 | +€668,086 | +49.1% |
| Land and buildings | 22 | €1,137,439 | €1,194,343 | +€56,904 | +5.0% |
| Plant, machinery and equipment | 23 | €126,521 | €757,611 | +€631,090 | +499% |
| Furniture and vehicles | 24 | €97,208 | €72,984 | -€24,223 | -24.9% |
| Other tangible fixed assets | 26 | - | €4,316 | +€4,316 | |
| Current assets | 29/58 | €1,004,139 | €273,367 | -€730,773 | -72.8% |
| Amounts receivable within one year | 40/41 | €735,857 | €90,032 | -€645,825 | -87.8% |
| Trade receivables | 40 | €619,040 | €29,040 | -€590,000 | -95.3% |
| Other amounts receivable | 41 | €116,817 | €60,992 | -€55,825 | -47.8% |
| Current investments | 50/53 | €183,583 | €136,761 | -€46,822 | -25.5% |
| Cash at bank and in hand | 54/58 | €84,700 | €46,574 | -€38,126 | -45.0% |
| Total equity and liabilities | 10/49 | €2,365,307 | €2,302,621 | -€62,686 | -2.7% |
| Equity | 10/15 | €582,244 | €541,539 | -€40,705 | -7.0% |
| Contributions | 10/11 | €99,200 | €99,200 | = | 0.0% |
| Reserves | 13 | €460,127 | €436,640 | -€23,486 | -5.1% |
| Non-distributable reserves | 130/1 | €11,160 | €11,160 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,160 | €11,160 | = | 0.0% |
| Tax-exempt reserves | 132 | €195,092 | €171,605 | -€23,486 | -12.0% |
| Distributable reserves | 133 | €253,875 | €253,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,917 | €5,699 | -€17,218 | -75.1% |
| Provisions and deferred taxes | 16 | €48,773 | €42,676 | -€6,097 | -12.5% |
| Deferred taxes | 168 | €48,773 | €42,676 | -€6,097 | -12.5% |
| Amounts payable | 17/49 | €1,734,290 | €1,718,405 | -€15,885 | -0.9% |
| Amounts payable after more than one year | 17 | €497,701 | €440,112 | -€57,589 | -11.6% |
| Financial debts | 170/4 | €497,701 | €440,112 | -€57,589 | -11.6% |
| Amounts payable within one year | 42/48 | €1,190,999 | €1,220,975 | +€29,976 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €55,442 | €57,589 | +€2,148 | +3.9% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,276 | €24,071 | +€12,795 | +113% |
| Taxes | 450/3 | €11,276 | €24,071 | +€12,795 | +113% |
| Other amounts payable | 47/48 | €1,124,282 | €1,139,315 | +€15,034 | +1.3% |
| Accrued charges and deferred income | 492/3 | €45,590 | €57,318 | +€11,728 | +25.7% |
| Non-recurring operating income | 76A | €6,189 | €75,980 | +€69,791 | +1,128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,944 | €181,780 | +€103,836 | +133% |
| Other operating charges | 640/8 | €4,964 | €2,560 | -€2,404 | -48.4% |
| Non-recurring operating charges | 66A | €5,321 | - | -€5,321 | |
| Gross operating margin | 9900 | €130,510 | €193,359 | +€62,849 | +48.2% |
| Operating profit (loss) | 9901 | €42,281 | €9,020 | -€33,261 | -78.7% |
| Financial income | 75/76B | €1,538 | - | -€1,538 | |
| Recurring financial income | 75 | €1,538 | - | -€1,538 | |
| Financial charges | 65/66B | €50,567 | €33,730 | -€16,837 | -33.3% |
| Recurring financial charges | 65 | €50,567 | €33,730 | -€16,837 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,748 | -€24,710 | -€17,962 | -266% |
| Transfer from deferred taxes | 780 | €6,097 | €6,097 | -€0 | 0.0% |
| Income taxes | 67/77 | €9,929 | €22,091 | +€12,162 | +122% |
| Profit (loss) for the period | 9904 | -€10,581 | -€40,705 | -€30,124 | -285% |
| Transfer from tax-exempt reserves | 789 | €24,386 | €23,486 | -€900 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,806 | -€17,218 | -€31,024 |
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 19 October 2026 via checked.be.