TRIPLE TWIST: 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 TWIST
Largest movements
- Receivables within one year +€5,658
up €5,658 (+21.4%), from €26,452 to €32,111
of which Trade receivables: +€5,663
- Cash +€3,677
up €3,677 (+5.1%), from €71,701 to €75,378
mainly Net result for the year (+€49,199) and Other debts (+€8,369)
- Other debts +€8,369
up €8,369 (+20.2%), from €41,467 to €49,836
- Tax, wage and social debts +€1,180
up €1,180 (+15.3%), from €7,731 to €8,912
- Gross operating margin +€12,242
up €12,242 (+22.9%), from €53,350 to €65,593
- Taxes +€2,091
up €2,091 (+19.8%), from €10,540 to €12,631
- Depreciation +€1,354
up €1,354 (+95.6%), from €1,416 to €2,770
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 | €104,427 | €114,113 | +€9,686 | +9.3% |
| Fixed assets | 21/28 | €5,636 | €5,675 | +€39 | +0.7% |
| Tangible fixed assets | 22/27 | €5,636 | €5,675 | +€39 | +0.7% |
| Plant, machinery and equipment | 23 | €2,196 | €1,470 | -€726 | -33.1% |
| Furniture and vehicles | 24 | €3,440 | €4,206 | +€766 | +22.3% |
| Current assets | 29/58 | €98,791 | €108,437 | +€9,647 | +9.8% |
| Amounts receivable within one year | 40/41 | €26,452 | €32,111 | +€5,658 | +21.4% |
| Trade receivables | 40 | €26,348 | €32,011 | +€5,663 | +21.5% |
| Other amounts receivable | 41 | €104 | €100 | -€4 | -4.3% |
| Cash at bank and in hand | 54/58 | €71,701 | €75,378 | +€3,677 | +5.1% |
| Deferred charges and accrued income | 490/1 | €637 | €949 | +€311 | +48.8% |
| Total equity and liabilities | 10/49 | €104,427 | €114,113 | +€9,686 | +9.3% |
| Equity | 10/15 | €53,998 | €53,998 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,090 | €1,090 | = | 0.0% |
| Distributable reserves | 133 | €1,090 | €1,090 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,308 | €34,308 | = | 0.0% |
| Amounts payable | 17/49 | €50,428 | €60,115 | +€9,686 | +19.2% |
| Amounts payable within one year | 42/48 | €50,428 | €60,115 | +€9,686 | +19.2% |
| Trade debts | 44 | €1,230 | €1,367 | +€137 | +11.2% |
| Suppliers | 440/4 | €1,230 | €1,367 | +€137 | +11.2% |
| Taxes, remuneration and social security | 45 | €7,731 | €8,912 | +€1,180 | +15.3% |
| Taxes | 450/3 | €7,731 | €8,912 | +€1,180 | +15.3% |
| Other amounts payable | 47/48 | €41,467 | €49,836 | +€8,369 | +20.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,416 | €2,770 | +€1,354 | +95.6% |
| Other operating charges | 640/8 | €603 | €694 | +€91 | +15.1% |
| Gross operating margin | 9900 | €53,350 | €65,593 | +€12,242 | +22.9% |
| Operating profit (loss) | 9901 | €51,331 | €62,129 | +€10,798 | +21.0% |
| Financial charges | 65/66B | - | €299 | +€299 | |
| Recurring financial charges | 65 | - | €299 | +€299 | |
| Profit (loss) for the period before taxes | 9903 | €51,331 | €61,830 | +€10,498 | +20.5% |
| Income taxes | 67/77 | €10,540 | €12,631 | +€2,091 | +19.8% |
| Profit (loss) for the period | 9904 | €40,791 | €49,199 | +€8,407 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,791 | €49,199 | +€8,407 | +20.6% |
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 15 October 2026 via checked.be.