3 LITTLE PIGS: 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.
3 LITTLE PIGS
Largest movements
- Cash +€66,664
up €66,664 (+97.5%), from €68,349 to €135,014
mainly Net result for the year (+€45,143) and Receivables after one year (+€12,281)
- Receivables after one year -€12,281
down €12,281 (-43.1%), from €28,520 to €16,239
- Receivables within one year -€10,593
down €10,593 (-76.1%), from €13,922 to €3,329
of which Other amounts receivable: -€10,593
- Reserves +€45,143
up €45,143 (+51.1%), from €88,356 to €133,499
- Gross operating margin -€346
down €346 (-21.7%), from -€1,591 to -€1,937
- Financial charges +€75
up €75 (+99.2%), from €75 to €150
- Financial income +€61
up €61 (+0.1%), from €51,683 to €51,745
- Taxes -€28
down €28 (-0.6%), from €4,542 to €4,514
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 | €129,041 | €172,832 | +€43,790 | +33.9% |
| Fixed assets | 21/28 | €18,250 | €18,250 | = | 0.0% |
| Financial fixed assets | 28 | €18,250 | €18,250 | = | 0.0% |
| Current assets | 29/58 | €110,791 | €154,582 | +€43,790 | +39.5% |
| Amounts receivable after more than one year | 29 | €28,520 | €16,239 | -€12,281 | -43.1% |
| Trade receivables | 290 | €28,520 | €16,239 | -€12,281 | -43.1% |
| Amounts receivable within one year | 40/41 | €13,922 | €3,329 | -€10,593 | -76.1% |
| Trade receivables | 40 | €347 | €347 | = | 0.0% |
| Other amounts receivable | 41 | €13,575 | €2,982 | -€10,593 | -78.0% |
| Cash at bank and in hand | 54/58 | €68,349 | €135,014 | +€66,664 | +97.5% |
| Total equity and liabilities | 10/49 | €129,041 | €172,832 | +€43,790 | +33.9% |
| Equity | 10/15 | €112,356 | €157,499 | +€45,143 | +40.2% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €88,356 | €133,499 | +€45,143 | +51.1% |
| Distributable reserves | 133 | €88,356 | €133,499 | +€45,143 | +51.1% |
| Amounts payable | 17/49 | €16,686 | €15,333 | -€1,353 | -8.1% |
| Amounts payable within one year | 42/48 | €16,686 | €15,333 | -€1,353 | -8.1% |
| Taxes, remuneration and social security | 45 | €8,836 | €9,057 | +€221 | +2.5% |
| Taxes | 450/3 | €8,836 | €9,057 | +€221 | +2.5% |
| Other amounts payable | 47/48 | €7,850 | €6,276 | -€1,574 | -20.1% |
| Non-recurring operating charges | 66A | €50 | - | -€50 | |
| Gross operating margin | 9900 | -€1,591 | -€1,937 | -€346 | -21.7% |
| Operating profit (loss) | 9901 | -€1,641 | -€1,937 | -€296 | -18.0% |
| Financial income | 75/76B | €51,683 | €51,745 | +€61 | +0.1% |
| Recurring financial income | 75 | €51,683 | €51,745 | +€61 | +0.1% |
| Financial charges | 65/66B | €75 | €150 | +€75 | +99.2% |
| Recurring financial charges | 65 | €75 | €150 | +€75 | +99.2% |
| Profit (loss) for the period before taxes | 9903 | €49,967 | €49,658 | -€309 | -0.6% |
| Income taxes | 67/77 | €4,542 | €4,514 | -€28 | -0.6% |
| Profit (loss) for the period | 9904 | €45,424 | €45,143 | -€281 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,424 | €45,143 | -€281 | -0.6% |
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 16 October 2026 via checked.be.