TRIPLE ONE: 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 ONE
Largest movements
- Tangible fixed assets +€69,971
up €69,971 (+279%), from €25,095 to €95,066
of which Furniture and vehicles: +€58,222
- Cash -€40,333
down €40,333 (-86.5%), from €46,601 to €6,269
mainly Investment in fixed assets (net) (-€91,398) and Net result for the year (-€17,200)
- Deferred charges and accrued income +€8,332
up €8,332 (+253%), from €3,297 to €11,630
- Stocks and contracts +€6,828
up €6,828 (+5.4%), from €125,975 to €132,803
- Receivables within one year +€3,066
up €3,066 (+29.1%), from €10,524 to €13,591
of which Other amounts receivable: +€2,297
- Debts after one year +€50,238
new in 2025: €50,238
- Profit (loss) carried forward -€17,200
down €17,200 (-292%), from -€5,889 to -€23,089
- Current portion of long-term debt +€13,901
new in 2025: €13,901
- Depreciation +€10,069
up €10,069 (+87.5%), from €11,508 to €21,577
- Gross operating margin -€5,170
down €5,170 (-29.1%), from €17,773 to €12,603
- Other operating charges +€1,323
up €1,323 (+32.4%), from €4,087 to €5,410
- Financial charges +€966
up €966 (+58.6%), from €1,647 to €2,613
- Staff costs +€523
up €523, from -€523 to €0
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 | €214,633 | €262,348 | +€47,715 | +22.2% |
| Fixed assets | 21/28 | €28,235 | €98,056 | +€69,821 | +247% |
| Tangible fixed assets | 22/27 | €25,095 | €95,066 | +€69,971 | +279% |
| Plant, machinery and equipment | 23 | €11,590 | €23,339 | +€11,749 | +101% |
| Furniture and vehicles | 24 | €13,505 | €71,727 | +€58,222 | +431% |
| Financial fixed assets | 28 | €3,140 | €2,990 | -€150 | -4.8% |
| Current assets | 29/58 | €186,398 | €164,292 | -€22,107 | -11.9% |
| Stocks and contracts in progress | 3 | €125,975 | €132,803 | +€6,828 | +5.4% |
| Stocks | 30/36 | €125,975 | €132,803 | +€6,828 | +5.4% |
| Amounts receivable within one year | 40/41 | €10,524 | €13,591 | +€3,066 | +29.1% |
| Trade receivables | 40 | €10,524 | €11,293 | +€769 | +7.3% |
| Other amounts receivable | 41 | €0 | €2,297 | +€2,297 | |
| Cash at bank and in hand | 54/58 | €46,601 | €6,269 | -€40,333 | -86.5% |
| Deferred charges and accrued income | 490/1 | €3,297 | €11,630 | +€8,332 | +253% |
| Total equity and liabilities | 10/49 | €214,633 | €262,348 | +€47,715 | +22.2% |
| Equity | 10/15 | €176,111 | €158,911 | -€17,200 | -9.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €152,000 | €152,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €149,000 | €149,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,889 | -€23,089 | -€17,200 | -292% |
| Amounts payable | 17/49 | €38,522 | €103,437 | +€64,915 | +169% |
| Amounts payable after more than one year | 17 | - | €50,238 | +€50,238 | |
| Financial debts | 170/4 | - | €50,238 | +€50,238 | |
| Amounts payable within one year | 42/48 | €27,007 | €43,586 | +€16,579 | +61.4% |
| Current portion of amounts payable after more than one year | 42 | - | €13,901 | +€13,901 | |
| Trade debts | 44 | €2,600 | €2,955 | +€355 | +13.7% |
| Suppliers | 440/4 | €2,600 | €2,955 | +€355 | +13.7% |
| Taxes, remuneration and social security | 45 | €17,077 | €19,482 | +€2,405 | +14.1% |
| Taxes | 450/3 | €13,077 | €11,482 | -€1,595 | -12.2% |
| Remuneration and social security | 454/9 | €4,000 | €8,000 | +€4,000 | +100% |
| Other amounts payable | 47/48 | €7,330 | €7,247 | -€83 | -1.1% |
| Accrued charges and deferred income | 492/3 | €11,515 | €9,613 | -€1,902 | -16.5% |
| Non-recurring operating income | 76A | €2,479 | €0 | -€2,479 | -100% |
| Remuneration, social security and pensions | 62 | -€523 | €0 | +€523 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,508 | €21,577 | +€10,069 | +87.5% |
| Other operating charges | 640/8 | €4,087 | €5,410 | +€1,323 | +32.4% |
| Gross operating margin | 9900 | €17,773 | €12,603 | -€5,170 | -29.1% |
| Operating profit (loss) | 9901 | €2,701 | -€14,384 | -€17,086 | |
| Financial charges | 65/66B | €1,647 | €2,613 | +€966 | +58.6% |
| Recurring financial charges | 65 | €1,647 | €2,613 | +€966 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €1,054 | -€16,998 | -€18,052 | |
| Income taxes | 67/77 | €0 | €203 | +€203 | |
| Profit (loss) for the period | 9904 | €1,054 | -€17,200 | -€18,254 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,054 | -€17,200 | -€18,254 |
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 26 October 2026 via checked.be.