Tripwire Solutions: 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.
Tripwire Solutions
Largest movements
- Intangible fixed assets -€140,625
no longer reported in 2025 (was €140,625)
- Receivables within one year -€106,373
down €106,373 (-13.1%), from €809,599 to €703,227
of which Trade receivables: -€457,970
- Reserves -€165,000
down €165,000 (-52.5%), from €314,200 to €149,200
of which Distributable reserves: -€165,000
- Other debts -€58,276
no longer reported in 2025 (was €58,276)
- Trade debts -€38,623
down €38,623 (-11.4%), from €340,132 to €301,509
- Accrued charges and deferred income +€23,845
up €23,845 (+213.3%), from €11,179 to €35,024
- Tax, wage and social debts -€19,608
down €19,608 (-9.1%), from €215,229 to €195,621
of which Taxes: -€23,288
- Turnover -€760,957
down €760,957 (-16.8%), from €4.5m to €3.8m
- Purchases and services -€524,216
down €524,216 (-19.1%), from €2.7m to €2.2m
- Gross operating margin -€236,862
down €236,862 (-13.0%), from €1.8m to €1.6m
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 | €1,002,012 | €749,969 | -€252,043 | -25.2% |
| Fixed assets | 21/28 | €161,973 | €15,316 | -€146,657 | -90.5% |
| Intangible fixed assets | 21 | €140,625 | - | -€140,625 | |
| Tangible fixed assets | 22/27 | €21,348 | €15,316 | -€6,032 | -28.3% |
| Plant, machinery and equipment | 23 | €21,348 | €15,316 | -€6,032 | -28.3% |
| Current assets | 29/58 | €840,039 | €734,653 | -€105,386 | -12.5% |
| Amounts receivable within one year | 40/41 | €809,599 | €703,227 | -€106,373 | -13.1% |
| Trade receivables | 40 | €809,548 | €351,579 | -€457,970 | -56.6% |
| Other amounts receivable | 41 | €51 | €351,648 | +€351,597 | +689406.0% |
| Cash at bank and in hand | 54/58 | €14,302 | €14,704 | +€402 | +2.8% |
| Deferred charges and accrued income | 490/1 | €16,137 | €16,722 | +€584 | +3.6% |
| Total equity and liabilities | 10/49 | €1,002,012 | €749,969 | -€252,043 | -25.2% |
| Equity | 10/15 | €377,196 | €211,702 | -€165,494 | -43.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €314,200 | €149,200 | -€165,000 | -52.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €308,000 | €143,000 | -€165,000 | -53.6% |
| Profit (loss) carried forward | 14 | €996 | €502 | -€494 | -49.6% |
| Provisions and deferred taxes | 16 | - | €6,113 | +€6,113 | |
| Provisions for liabilities and charges | 160/5 | - | €6,113 | +€6,113 | |
| Pensions and similar obligations | 160 | - | €6,113 | +€6,113 | |
| Amounts payable | 17/49 | €624,816 | €532,154 | -€92,662 | -14.8% |
| Amounts payable within one year | 42/48 | €613,638 | €497,130 | -€116,507 | -19.0% |
| Trade debts | 44 | €340,132 | €301,509 | -€38,623 | -11.4% |
| Suppliers | 440/4 | €340,132 | €301,509 | -€38,623 | -11.4% |
| Taxes, remuneration and social security | 45 | €215,229 | €195,621 | -€19,608 | -9.1% |
| Taxes | 450/3 | €43,440 | €20,152 | -€23,288 | -53.6% |
| Remuneration and social security | 454/9 | €171,789 | €175,469 | +€3,680 | +2.1% |
| Other amounts payable | 47/48 | €58,276 | - | -€58,276 | |
| Accrued charges and deferred income | 492/3 | €11,179 | €35,024 | +€23,845 | +213.3% |
| Turnover | 70 | €4,533,269 | €3,772,312 | -€760,957 | -16.8% |
| Non-recurring operating income | 76A | - | €116 | +€116 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,742,861 | €2,218,645 | -€524,216 | -19.1% |
| Remuneration, social security and pensions | 62 | €1,518,451 | €1,558,182 | +€39,730 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,812 | €149,440 | -€373 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,113 | +€6,113 | |
| Other operating charges | 640/8 | €6,897 | €5,413 | -€1,484 | -21.5% |
| Gross operating margin | 9900 | €1,816,062 | €1,579,200 | -€236,862 | -13.0% |
| Operating profit (loss) | 9901 | €140,901 | -€139,948 | -€280,849 | |
| Financial income | 75/76B | €363 | €1,146 | +€783 | +216.1% |
| Recurring financial income | 75 | €1 | €1,146 | +€1,145 | +159062.5% |
| Non-recurring financial income | 76B | €362 | - | -€362 | |
| Financial charges | 65/66B | €26,537 | €23,668 | -€2,869 | -10.8% |
| Recurring financial charges | 65 | €26,537 | €23,668 | -€2,869 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €114,727 | -€162,469 | -€277,196 | |
| Income taxes | 67/77 | €3,295 | €3,024 | -€271 | -8.2% |
| Profit (loss) for the period | 9904 | €111,432 | -€165,494 | -€276,925 | |
| Profit (loss) for the period to be appropriated | 9905 | €111,432 | -€165,494 | -€276,925 |
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 7 October 2026 via checked.be.