3A: 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.
3A
Largest movements
- Cash +€5,800
up €5,800 (+5.9%), from €97,680 to €103,480
mainly Other debts (+€8,349) and Receivables within one year (+€3,035)
- Receivables within one year -€3,035
down €3,035 (-44.8%), from €6,777 to €3,742
of which Trade receivables: -€1,883
- Other debts +€8,349
up €8,349 (+28.8%), from €29,036 to €37,385
- Debts after one year -€4,725
down €4,725 (-15.3%), from €30,885 to €26,160
- Tax, wage and social debts -€1,441
down €1,441 (-66.9%), from €2,153 to €712
- Gross operating margin +€10,038
up €10,038, from -€9,537 to €501
- Provisions +€6,000
no longer reported in 2025 (was -€6,000)
- Financial income -€903
down €903 (-32.2%), from €2,808 to €1,905
- Depreciation -€229
down €229 (-57.5%), from €398 to €169
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 | €105,146 | €107,468 | +€2,322 | +2.2% |
| Fixed assets | 21/28 | €169 | - | -€169 | |
| Tangible fixed assets | 22/27 | €169 | - | -€169 | |
| Plant, machinery and equipment | 23 | €169 | - | -€169 | |
| Current assets | 29/58 | €104,977 | €107,468 | +€2,491 | +2.4% |
| Amounts receivable within one year | 40/41 | €6,777 | €3,742 | -€3,035 | -44.8% |
| Trade receivables | 40 | €4,211 | €2,328 | -€1,883 | -44.7% |
| Other amounts receivable | 41 | €2,566 | €1,414 | -€1,152 | -44.9% |
| Cash at bank and in hand | 54/58 | €97,680 | €103,480 | +€5,800 | +5.9% |
| Deferred charges and accrued income | 490/1 | €520 | €246 | -€274 | -52.7% |
| Total equity and liabilities | 10/49 | €105,146 | €107,468 | +€2,322 | +2.2% |
| Equity | 10/15 | €41,714 | €41,416 | -€298 | -0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,114 | €22,816 | -€298 | -1.3% |
| Amounts payable | 17/49 | €63,432 | €66,052 | +€2,620 | +4.1% |
| Amounts payable after more than one year | 17 | €30,885 | €26,160 | -€4,725 | -15.3% |
| Other amounts payable | 178/9 | €30,885 | €26,160 | -€4,725 | -15.3% |
| Amounts payable within one year | 42/48 | €31,217 | €38,488 | +€7,271 | +23.3% |
| Trade debts | 44 | €28 | €391 | +€363 | +1296.4% |
| Suppliers | 440/4 | €28 | €391 | +€363 | +1296.4% |
| Taxes, remuneration and social security | 45 | €2,153 | €712 | -€1,441 | -66.9% |
| Taxes | 450/3 | €2,153 | €712 | -€1,441 | -66.9% |
| Other amounts payable | 47/48 | €29,036 | €37,385 | +€8,349 | +28.8% |
| Accrued charges and deferred income | 492/3 | €1,330 | €1,404 | +€74 | +5.6% |
| Non-recurring operating income | 76A | - | €74 | +€74 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398 | €169 | -€229 | -57.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€6,000 | - | +€6,000 | |
| Other operating charges | 640/8 | €389 | €400 | +€11 | +2.8% |
| Gross operating margin | 9900 | -€9,537 | €501 | +€10,038 | |
| Operating profit (loss) | 9901 | -€4,324 | -€68 | +€4,256 | +98.4% |
| Financial income | 75/76B | €2,808 | €1,905 | -€903 | -32.2% |
| Recurring financial income | 75 | €2,808 | €1,905 | -€903 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,516 | €1,837 | +€3,353 | |
| Profit (loss) for the period | 9904 | -€1,516 | €1,837 | +€3,353 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,516 | €1,837 | +€3,353 |
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.