TRIPOLY: 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.
TRIPOLY
Largest movements
- Receivables within one year +€49,798
up €49,798 (+230%), from €21,695 to €71,493
of which Trade receivables: +€49,798
- Stocks and contracts +€23,383
up €23,383 (+8.1%), from €290,061 to €313,443
- Tangible fixed assets -€13,426
down €13,426 (-21.8%), from €61,594 to €48,169
of which Plant, machinery and equipment: -€12,949
- Other debts +€36,202
up €36,202 (+41.2%), from €87,798 to €124,000
- Trade debts +€14,784
up €14,784 (+27.7%), from €53,290 to €68,074
- Staff costs -€39,255
down €39,255 (-98.5%), from €39,872 to €616
- Gross operating margin -€29,133
down €29,133 (-38.5%), from €75,691 to €46,558
- Write-downs -€5,888
down €5,888 (-100%), from €5,888 to €0
- Depreciation +€4,373
up €4,373 (+18.6%), from €23,541 to €27,915
- Financial charges +€1,632
up €1,632 (+12.4%), from €13,202 to €14,833
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 | €414,020 | €468,522 | +€54,502 | +13.2% |
| Fixed assets | 21/28 | €72,706 | €59,729 | -€12,977 | -17.8% |
| Intangible fixed assets | 21 | €11,111 | €11,560 | +€449 | +4.0% |
| Tangible fixed assets | 22/27 | €61,594 | €48,169 | -€13,426 | -21.8% |
| Plant, machinery and equipment | 23 | €60,733 | €47,784 | -€12,949 | -21.3% |
| Furniture and vehicles | 24 | €861 | €385 | -€476 | -55.3% |
| Current assets | 29/58 | €341,314 | €408,793 | +€67,478 | +19.8% |
| Stocks and contracts in progress | 3 | €290,061 | €313,443 | +€23,383 | +8.1% |
| Stocks | 30/36 | €290,061 | €313,443 | +€23,383 | +8.1% |
| Amounts receivable within one year | 40/41 | €21,695 | €71,493 | +€49,798 | +230% |
| Trade receivables | 40 | €21,695 | €71,493 | +€49,798 | +230% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €21,747 | €20,495 | -€1,252 | -5.8% |
| Deferred charges and accrued income | 490/1 | €7,812 | €3,362 | -€4,450 | -57.0% |
| Total equity and liabilities | 10/49 | €414,020 | €468,522 | +€54,502 | +13.2% |
| Equity | 10/15 | €175,039 | €177,706 | +€2,667 | +1.5% |
| Contributions | 10/11 | €120,100 | €120,100 | = | 0.0% |
| Reserves | 13 | €51,549 | €54,215 | +€2,667 | +5.2% |
| Distributable reserves | 133 | €51,549 | €54,215 | +€2,667 | +5.2% |
| Profit (loss) carried forward | 14 | €3,390 | €3,390 | = | 0.0% |
| Amounts payable | 17/49 | €238,981 | €290,816 | +€51,835 | +21.7% |
| Amounts payable within one year | 42/48 | €237,088 | €289,058 | +€51,970 | +21.9% |
| Financial debts | 43 | €88,000 | €90,000 | +€2,000 | +2.3% |
| Credit institutions | 430/8 | €88,000 | €90,000 | +€2,000 | +2.3% |
| Trade debts | 44 | €53,290 | €68,074 | +€14,784 | +27.7% |
| Suppliers | 440/4 | €53,290 | €68,074 | +€14,784 | +27.7% |
| Taxes, remuneration and social security | 45 | €8,000 | €6,983 | -€1,017 | -12.7% |
| Taxes | 450/3 | €2,822 | €6,969 | +€4,147 | +147% |
| Remuneration and social security | 454/9 | €5,178 | €14 | -€5,163 | -99.7% |
| Other amounts payable | 47/48 | €87,798 | €124,000 | +€36,202 | +41.2% |
| Accrued charges and deferred income | 492/3 | €1,893 | €1,759 | -€135 | -7.1% |
| Remuneration, social security and pensions | 62 | €39,872 | €616 | -€39,255 | -98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,541 | €27,915 | +€4,373 | +18.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,888 | €0 | -€5,888 | -100% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €75,691 | €46,558 | -€29,133 | -38.5% |
| Operating profit (loss) | 9901 | €5,876 | €17,499 | +€11,623 | +198% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €13,202 | €14,833 | +€1,632 | +12.4% |
| Recurring financial charges | 65 | €13,202 | €14,833 | +€1,632 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,325 | €2,667 | +€9,992 | |
| Profit (loss) for the period | 9904 | -€7,325 | €2,667 | +€9,992 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,325 | €2,667 | +€9,992 |
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 13 October 2026 via checked.be.