TrippleA: 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.
TrippleA
Largest movements
- Cash -€105,496
down €105,496 (-48.9%), from €215,570 to €110,074
mainly Contributions, distributions and other (-€240,000) and Receivables within one year (-€10,681)
- Receivables within one year +€10,681
up €10,681 (+57.9%), from €18,431 to €29,112
of which Other amounts receivable: +€7,022
- Reserves -€152,120
down €152,120 (-89.9%), from €169,280 to €17,160
- Other debts +€60,000
up €60,000 (+100.0%), from €60,000 to €120,000
- Gross operating margin +€31,491
up €31,491 (+37.5%), from €84,068 to €115,559
- Taxes +€6,167
up €6,167 (+35.7%), from €17,284 to €23,450
- Financial income -€4,603
down €4,603 (-99.7%), from €4,615 to €12
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 | €241,602 | €149,770 | -€91,832 | -38.0% |
| Fixed assets | 21/28 | €6,164 | €6,924 | +€760 | +12.3% |
| Tangible fixed assets | 22/27 | €6,164 | €6,924 | +€760 | +12.3% |
| Plant, machinery and equipment | 23 | €4,092 | €2,971 | -€1,121 | -27.4% |
| Furniture and vehicles | 24 | - | €2,523 | +€2,523 | |
| Other tangible fixed assets | 26 | €2,072 | €1,430 | -€642 | -31.0% |
| Current assets | 29/58 | €235,438 | €142,846 | -€92,592 | -39.3% |
| Amounts receivable within one year | 40/41 | €18,431 | €29,112 | +€10,681 | +57.9% |
| Trade receivables | 40 | €16,335 | €19,994 | +€3,659 | +22.4% |
| Other amounts receivable | 41 | €2,096 | €9,118 | +€7,022 | +334.9% |
| Cash at bank and in hand | 54/58 | €215,570 | €110,074 | -€105,496 | -48.9% |
| Deferred charges and accrued income | 490/1 | €1,436 | €3,660 | +€2,223 | +154.8% |
| Total equity and liabilities | 10/49 | €241,602 | €149,770 | -€91,832 | -38.0% |
| Equity | 10/15 | €174,280 | €22,160 | -€152,120 | -87.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €169,280 | €17,160 | -€152,120 | -89.9% |
| Distributable reserves | 133 | €169,280 | €17,160 | -€152,120 | -89.9% |
| Amounts payable | 17/49 | €67,323 | €127,610 | +€60,288 | +89.6% |
| Amounts payable within one year | 42/48 | €67,299 | €127,610 | +€60,311 | +89.6% |
| Trade debts | 44 | €1,116 | €1,814 | +€698 | +62.5% |
| Suppliers | 440/4 | €1,116 | €1,814 | +€698 | +62.5% |
| Taxes, remuneration and social security | 45 | €6,183 | €5,796 | -€387 | -6.3% |
| Taxes | 450/3 | €6,183 | €5,796 | -€387 | -6.3% |
| Other amounts payable | 47/48 | €60,000 | €120,000 | +€60,000 | +100.0% |
| Accrued charges and deferred income | 492/3 | €23 | - | -€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,763 | €1,997 | +€234 | +13.3% |
| Other operating charges | 640/8 | €994 | €317 | -€677 | -68.1% |
| Gross operating margin | 9900 | €84,068 | €115,559 | +€31,491 | +37.5% |
| Operating profit (loss) | 9901 | €81,310 | €113,244 | +€31,934 | +39.3% |
| Financial income | 75/76B | €4,615 | €12 | -€4,603 | -99.7% |
| Recurring financial income | 75 | €4,615 | €12 | -€4,603 | -99.7% |
| Financial charges | 65/66B | €2,222 | €1,926 | -€297 | -13.3% |
| Recurring financial charges | 65 | €2,222 | €1,926 | -€297 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €83,703 | €111,330 | +€27,627 | +33.0% |
| Income taxes | 67/77 | €17,284 | €23,450 | +€6,167 | +35.7% |
| Profit (loss) for the period | 9904 | €66,420 | €87,880 | +€21,460 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,420 | €87,880 | +€21,460 | +32.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.