3A2: 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.
3A2
Largest movements
- Stocks and contracts +€1.4m
up €1.4m (+93.3%), from €1.5m to €3.0m
- Cash -€88,727
down €88,727 (-64.8%), from €136,988 to €48,261
mainly Stocks and contracts (-€1.4m) and Debts after one year (-€1.1m)
- Advances received +€3.0m
up €3.0m (+1924.4%), from €155,188 to €3.1m
- Debts after one year -€1.1m
down €1.1m (-100.0%), from €1.1m to €0
- Trade debts -€427,588
down €427,588 (-97.8%), from €436,988 to €9,400
- Profit (loss) carried forward -€132,647
down €132,647 (-473.2%), from -€28,031 to -€160,678
- Accrued charges and deferred income +€59,149
new in 2025: €59,149
- Gross operating margin -€80,501
down €80,501 (-662.1%), from -€12,158 to -€92,659
- Financial charges +€27,024
up €27,024 (+170.3%), from €15,873 to €42,897
- Financial income +€2,995
new in 2025: €2,995
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 | €1,692,950 | €3,059,557 | +€1.4m | +80.7% |
| Fixed assets | 21/28 | €7,500 | €0 | -€7,500 | -100.0% |
| Financial fixed assets | 28 | €7,500 | €0 | -€7,500 | -100.0% |
| Current assets | 29/58 | €1,685,450 | €3,059,557 | +€1.4m | +81.5% |
| Stocks and contracts in progress | 3 | €1,545,489 | €2,987,858 | +€1.4m | +93.3% |
| Stocks | 30/36 | €1,545,489 | €2,987,858 | +€1.4m | +93.3% |
| Amounts receivable within one year | 40/41 | - | €22,675 | +€22,675 | |
| Other amounts receivable | 41 | - | €22,675 | +€22,675 | |
| Cash at bank and in hand | 54/58 | €136,988 | €48,261 | -€88,727 | -64.8% |
| Deferred charges and accrued income | 490/1 | €2,973 | €763 | -€2,210 | -74.3% |
| Total equity and liabilities | 10/49 | €1,692,950 | €3,059,557 | +€1.4m | +80.7% |
| Equity | 10/15 | -€18,031 | -€150,678 | -€132,647 | -735.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,031 | -€160,678 | -€132,647 | -473.2% |
| Amounts payable | 17/49 | €1,710,981 | €3,210,235 | +€1.5m | +87.6% |
| Amounts payable after more than one year | 17 | €1,098,000 | €0 | -€1.1m | -100.0% |
| Financial debts | 170/4 | €1,098,000 | €0 | -€1.1m | -100.0% |
| Amounts payable within one year | 42/48 | €612,981 | €3,151,086 | +€2.5m | +414.1% |
| Trade debts | 44 | €436,988 | €9,400 | -€427,588 | -97.8% |
| Suppliers | 440/4 | €436,988 | €9,400 | -€427,588 | -97.8% |
| Advances received on contracts in progress | 46 | €155,188 | €3,141,686 | +€3.0m | +1924.4% |
| Taxes, remuneration and social security | 45 | €20,805 | €0 | -€20,805 | -100.0% |
| Taxes | 450/3 | €20,805 | €0 | -€20,805 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €59,149 | +€59,149 | |
| Other operating charges | 640/8 | - | €86 | +€86 | |
| Gross operating margin | 9900 | -€12,158 | -€92,659 | -€80,501 | -662.1% |
| Operating profit (loss) | 9901 | -€12,158 | -€92,745 | -€80,587 | -662.9% |
| Financial income | 75/76B | - | €2,995 | +€2,995 | |
| Recurring financial income | 75 | - | €2,995 | +€2,995 | |
| Financial charges | 65/66B | €15,873 | €42,897 | +€27,024 | +170.3% |
| Recurring financial charges | 65 | €15,873 | €42,897 | +€27,024 | +170.3% |
| Profit (loss) for the period before taxes | 9903 | -€28,031 | -€132,647 | -€104,616 | -373.2% |
| Profit (loss) for the period | 9904 | -€28,031 | -€132,647 | -€104,616 | -373.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,031 | -€132,647 | -€104,616 | -373.2% |
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 3 October 2026 via checked.be.