TRIPOLAR: 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.
TRIPOLAR
Largest movements
- Intangible fixed assets -€21,649
down €21,649 (-36.3%), from €59,666 to €38,017
- Receivables within one year +€3,318
new in 2025: €3,318
- Cash -€830
down €830 (-26.2%), from €3,163 to €2,333
mainly Debts after one year (-€38,500) and Receivables within one year (-€3,318)
- Debts after one year -€38,500
no longer reported in 2025 (was €38,500)
- Reserves +€22,120
up €22,120 (+334.3%), from €6,617 to €28,737
- Trade debts -€2,240
down €2,240 (-80.4%), from €2,787 to €546
- Other debts -€1,022
down €1,022 (-9.9%), from €10,330 to €9,307
- Tax, wage and social debts +€701
up €701 (+17.4%), from €4,039 to €4,740
- Gross operating margin +€22,978
up €22,978 (+71.0%), from €32,358 to €55,337
- Taxes +€4,064
up €4,064 (+221.6%), from €1,834 to €5,898
- Other operating charges +€3,684
up €3,684 (+1353.4%), from €272 to €3,956
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 | €64,272 | €45,331 | -€18,941 | -29.5% |
| Fixed assets | 21/28 | €61,109 | €39,680 | -€21,429 | -35.1% |
| Intangible fixed assets | 21 | €59,666 | €38,017 | -€21,649 | -36.3% |
| Tangible fixed assets | 22/27 | €989 | €1,210 | +€220 | +22.3% |
| Plant, machinery and equipment | 23 | €989 | €1,210 | +€220 | +22.3% |
| Financial fixed assets | 28 | €454 | €454 | = | 0.0% |
| Current assets | 29/58 | €3,163 | €5,651 | +€2,488 | +78.7% |
| Amounts receivable within one year | 40/41 | - | €3,318 | +€3,318 | |
| Trade receivables | 40 | - | €3,318 | +€3,318 | |
| Cash at bank and in hand | 54/58 | €3,163 | €2,333 | -€830 | -26.2% |
| Total equity and liabilities | 10/49 | €64,272 | €45,331 | -€18,941 | -29.5% |
| Equity | 10/15 | €8,617 | €30,737 | +€22,120 | +256.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,617 | €28,737 | +€22,120 | +334.3% |
| Distributable reserves | 133 | €6,617 | €28,737 | +€22,120 | +334.3% |
| Amounts payable | 17/49 | €55,655 | €14,594 | -€41,061 | -73.8% |
| Amounts payable after more than one year | 17 | €38,500 | - | -€38,500 | |
| Financial debts | 170/4 | €38,500 | - | -€38,500 | |
| Amounts payable within one year | 42/48 | €17,155 | €14,594 | -€2,561 | -14.9% |
| Trade debts | 44 | €2,787 | €546 | -€2,240 | -80.4% |
| Suppliers | 440/4 | €2,787 | €546 | -€2,240 | -80.4% |
| Taxes, remuneration and social security | 45 | €4,039 | €4,740 | +€701 | +17.4% |
| Taxes | 450/3 | €4,039 | €4,740 | +€701 | +17.4% |
| Other amounts payable | 47/48 | €10,330 | €9,307 | -€1,022 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,629 | €23,130 | +€501 | +2.2% |
| Other operating charges | 640/8 | €272 | €3,956 | +€3,684 | +1353.4% |
| Gross operating margin | 9900 | €32,358 | €55,337 | +€22,978 | +71.0% |
| Operating profit (loss) | 9901 | €9,457 | €28,250 | +€18,793 | +198.7% |
| Financial income | 75/76B | €0 | €21 | +€20 | +5644.4% |
| Recurring financial income | 75 | €0 | €21 | +€20 | +5644.4% |
| Financial charges | 65/66B | €403 | €252 | -€151 | -37.4% |
| Recurring financial charges | 65 | €403 | €252 | -€151 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | €9,055 | €28,019 | +€18,964 | +209.4% |
| Income taxes | 67/77 | €1,834 | €5,898 | +€4,064 | +221.6% |
| Profit (loss) for the period | 9904 | €7,221 | €22,120 | +€14,900 | +206.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,221 | €22,120 | +€14,900 | +206.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.