TRIPLE VALUE: what changed
Two fiscal 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 VALUE
Largest movements
- Receivables within one year -€22,745
down €22,745 (-43.5%), from €52,323 to €29,578
of which Trade receivables: -€17,965
- Tangible fixed assets +€15,386
up €15,386 (+66.5%), from €23,139 to €38,526
of which Land and buildings: +€20,155
- Cash -€12,366
down €12,366 (-65.1%), from €19,003 to €6,637
mainly Investment in fixed assets (net) (-€23,233) and Other debts (-€20,074)
- Deferred charges and accrued income +€1,020
up €1,020 (+26.0%), from €3,930 to €4,949
- Other debts -€20,074
down €20,074 (-41.5%), from €48,378 to €28,304
- Accrued charges and deferred income +€2,277
new in 2025: €2,277
- Trade debts -€1,356
down €1,356 (-8.1%), from €16,653 to €15,297
- Gross operating margin -€33,157
down €33,157 (-46.2%), from €71,836 to €38,680
- Taxes -€9,046
down €9,046 (-63.5%), from €14,248 to €5,202
- Financial charges +€4,169
up €4,169 (+91.0%), from €4,582 to €8,750
- Depreciation +€1,529
up €1,529 (+24.2%), from €6,318 to €7,847
- Other operating charges -€1,137
down €1,137 (-40.2%), from €2,825 to €1,688
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.
Cash bridge derived
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 | €98,394 | €79,690 | -€18,705 | -19.0% |
| Fixed assets | 21/28 | €23,139 | €38,526 | +€15,386 | +66.5% |
| Tangible fixed assets | 22/27 | €23,139 | €38,526 | +€15,386 | +66.5% |
| Land and buildings | 22 | €6,457 | €26,612 | +€20,155 | +312.2% |
| Plant, machinery and equipment | 23 | €1,450 | €1,119 | -€331 | -22.8% |
| Furniture and vehicles | 24 | €15,232 | €10,795 | -€4,438 | -29.1% |
| Current assets | 29/58 | €75,255 | €41,164 | -€34,091 | -45.3% |
| Amounts receivable within one year | 40/41 | €52,323 | €29,578 | -€22,745 | -43.5% |
| Trade receivables | 40 | €46,747 | €28,782 | -€17,965 | -38.4% |
| Other amounts receivable | 41 | €5,576 | €796 | -€4,780 | -85.7% |
| Cash at bank and in hand | 54/58 | €19,003 | €6,637 | -€12,366 | -65.1% |
| Deferred charges and accrued income | 490/1 | €3,930 | €4,949 | +€1,020 | +26.0% |
| Total equity and liabilities | 10/49 | €98,394 | €79,690 | -€18,705 | -19.0% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| 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 | €0 | €0 | = | |
| Amounts payable | 17/49 | €77,934 | €59,230 | -€18,705 | -24.0% |
| Amounts payable within one year | 42/48 | €77,934 | €56,952 | -€20,982 | -26.9% |
| Trade debts | 44 | €16,653 | €15,297 | -€1,356 | -8.1% |
| Suppliers | 440/4 | €16,653 | €15,297 | -€1,356 | -8.1% |
| Taxes, remuneration and social security | 45 | €12,903 | €13,351 | +€448 | +3.5% |
| Taxes | 450/3 | €12,903 | €9,871 | -€3,032 | -23.5% |
| Remuneration and social security | 454/9 | - | €3,480 | +€3,480 | |
| Other amounts payable | 47/48 | €48,378 | €28,304 | -€20,074 | -41.5% |
| Accrued charges and deferred income | 492/3 | - | €2,277 | +€2,277 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,318 | €7,847 | +€1,529 | +24.2% |
| Other operating charges | 640/8 | €2,825 | €1,688 | -€1,137 | -40.2% |
| Gross operating margin | 9900 | €71,836 | €38,680 | -€33,157 | -46.2% |
| Operating profit (loss) | 9901 | €62,693 | €29,144 | -€33,549 | -53.5% |
| Financial income | 75/76B | €207 | €0 | -€207 | -100.0% |
| Recurring financial income | 75 | €207 | €0 | -€207 | -100.0% |
| Financial charges | 65/66B | €4,582 | €8,750 | +€4,169 | +91.0% |
| Recurring financial charges | 65 | €4,582 | €8,750 | +€4,169 | +91.0% |
| Profit (loss) for the period before taxes | 9903 | €58,318 | €20,394 | -€37,924 | -65.0% |
| Income taxes | 67/77 | €14,248 | €5,202 | -€9,046 | -63.5% |
| Profit (loss) for the period | 9904 | €44,070 | €15,192 | -€28,878 | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,070 | €15,192 | -€28,878 | -65.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.