TRIPLE XL: 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 XL
Largest movements
- Receivables within one year -€23,218
down €23,218 (-19.0%), from €122,146 to €98,928
of which Trade receivables: -€21,984
- Cash +€17,574
up €17,574 (+9.9%), from €176,641 to €194,215
mainly Receivables within one year (+€23,218) and Net result for the year (+€16,905)
- Stocks and contracts -€3,949
no longer reported in 2025 (was €3,949)
- Tangible fixed assets -€3,376
down €3,376 (-57.9%), from €5,834 to €2,458
of which Furniture and vehicles: -€2,689
- Reserves +€16,072
up €16,072 (+8.8%), from €181,856 to €197,928
- Trade debts -€15,122
down €15,122 (-89.4%), from €16,915 to €1,793
- Tax, wage and social debts -€10,551
down €10,551 (-20.2%), from €52,280 to €41,730
of which Taxes: -€10,551
- Other debts -€3,387
down €3,387 (-8.6%), from €39,538 to €36,151
- Gross operating margin -€79,555
down €79,555 (-72.2%), from €110,115 to €30,561
- Taxes -€27,343
down €27,343 (-80.4%), from €34,009 to €6,666
- Other operating charges -€5,612
down €5,612 (-82.8%), from €6,780 to €1,169
- Write-downs +€1,167
up €1,167, from -€578 to €589
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 | €309,189 | €296,201 | -€12,988 | -4.2% |
| Fixed assets | 21/28 | €5,834 | €2,458 | -€3,376 | -57.9% |
| Tangible fixed assets | 22/27 | €5,834 | €2,458 | -€3,376 | -57.9% |
| Plant, machinery and equipment | 23 | €687 | - | -€687 | |
| Furniture and vehicles | 24 | €5,147 | €2,458 | -€2,689 | -52.2% |
| Current assets | 29/58 | €303,355 | €293,743 | -€9,612 | -3.2% |
| Stocks and contracts in progress | 3 | €3,949 | - | -€3,949 | |
| Stocks | 30/36 | €3,949 | - | -€3,949 | |
| Amounts receivable within one year | 40/41 | €122,146 | €98,928 | -€23,218 | -19.0% |
| Trade receivables | 40 | €120,912 | €98,928 | -€21,984 | -18.2% |
| Other amounts receivable | 41 | €1,235 | - | -€1,235 | |
| Cash at bank and in hand | 54/58 | €176,641 | €194,215 | +€17,574 | +9.9% |
| Deferred charges and accrued income | 490/1 | €619 | €600 | -€19 | -3.1% |
| Total equity and liabilities | 10/49 | €309,189 | €296,201 | -€12,988 | -4.2% |
| Equity | 10/15 | €200,456 | €216,528 | +€16,072 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €181,856 | €197,928 | +€16,072 | +8.8% |
| Distributable reserves | 133 | €181,856 | €197,928 | +€16,072 | +8.8% |
| Amounts payable | 17/49 | €108,734 | €79,674 | -€29,060 | -26.7% |
| Amounts payable within one year | 42/48 | €108,734 | €79,674 | -€29,060 | -26.7% |
| Trade debts | 44 | €16,915 | €1,793 | -€15,122 | -89.4% |
| Suppliers | 440/4 | €16,915 | €1,793 | -€15,122 | -89.4% |
| Taxes, remuneration and social security | 45 | €52,280 | €41,730 | -€10,551 | -20.2% |
| Taxes | 450/3 | €50,280 | €39,730 | -€10,551 | -21.0% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €39,538 | €36,151 | -€3,387 | -8.6% |
| Non-recurring operating income | 76A | - | €16,421 | +€16,421 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,844 | €1,990 | +€146 | +7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€578 | €589 | +€1,167 | |
| Other operating charges | 640/8 | €6,780 | €1,169 | -€5,612 | -82.8% |
| Gross operating margin | 9900 | €110,115 | €30,561 | -€79,555 | -72.2% |
| Operating profit (loss) | 9901 | €102,069 | €26,813 | -€75,256 | -73.7% |
| Financial income | 75/76B | €265 | €119 | -€146 | -55.2% |
| Recurring financial income | 75 | €265 | €119 | -€146 | -55.2% |
| Financial charges | 65/66B | €3,906 | €3,361 | -€545 | -13.9% |
| Recurring financial charges | 65 | €3,906 | €3,361 | -€545 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €98,428 | €23,571 | -€74,858 | -76.1% |
| Income taxes | 67/77 | €34,009 | €6,666 | -€27,343 | -80.4% |
| Profit (loss) for the period | 9904 | €64,419 | €16,905 | -€47,514 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €64,419 | €16,905 | -€47,514 | -73.8% |
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 29 October 2026 via checked.be.