3B DEVELOPMENT: 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.
3B DEVELOPMENT
Largest movements
- Cash +€288,999
up €288,999 (+884.1%), from €32,690 to €321,688
mainly Short-term financial debts (+€1.1m) and Depreciation (+€33,333)
- Stocks and contracts +€44,821
up €44,821 (+105.9%), from €42,312 to €87,133
- Tangible fixed assets -€33,333
down €33,333 (-2.5%), from €1.3m to €1.3m
- Short-term financial debts +€1.1m
new in 2025: €1.1m
- Other debts -€775,580
down €775,580 (-51.7%), from €1.5m to €725,000
- Profit (loss) carried forward -€46,256
down €46,256 (-42.9%), from -€107,823 to -€154,079
- Depreciation -€183,503
down €183,503 (-84.6%), from €216,837 to €33,333
- Gross operating margin -€99,516
down €99,516 (-84.6%), from €117,590 to €18,075
- Financial charges +€23,352
up €23,352 (+2805.9%), from €832 to €24,184
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 | €1,415,296 | €1,725,470 | +€310,174 | +21.9% |
| Fixed assets | 21/28 | €1,337,518 | €1,304,185 | -€33,333 | -2.5% |
| Tangible fixed assets | 22/27 | €1,337,518 | €1,304,185 | -€33,333 | -2.5% |
| Land and buildings | 22 | €1,337,518 | €1,304,185 | -€33,333 | -2.5% |
| Current assets | 29/58 | €77,778 | €421,285 | +€343,507 | +441.7% |
| Stocks and contracts in progress | 3 | €42,312 | €87,133 | +€44,821 | +105.9% |
| Stocks | 30/36 | €42,312 | €87,133 | +€44,821 | +105.9% |
| Amounts receivable within one year | 40/41 | - | €12,464 | +€12,464 | |
| Trade receivables | 40 | - | €548 | +€548 | |
| Other amounts receivable | 41 | - | €11,917 | +€11,917 | |
| Cash at bank and in hand | 54/58 | €32,690 | €321,688 | +€288,999 | +884.1% |
| Deferred charges and accrued income | 490/1 | €2,776 | - | -€2,776 | |
| Total equity and liabilities | 10/49 | €1,415,296 | €1,725,470 | +€310,174 | +21.9% |
| Equity | 10/15 | -€89,323 | -€135,579 | -€46,256 | -51.8% |
| Contributions | 10/11 | €18,500 | €18,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,823 | -€154,079 | -€46,256 | -42.9% |
| Amounts payable | 17/49 | €1,504,618 | €1,861,049 | +€356,430 | +23.7% |
| Amounts payable within one year | 42/48 | €1,504,618 | €1,861,041 | +€356,422 | +23.7% |
| Financial debts | 43 | - | €1,136,000 | +€1.1m | |
| Credit institutions | 430/8 | - | €1,136,000 | +€1.1m | |
| Trade debts | 44 | €4,038 | €41 | -€3,997 | -99.0% |
| Suppliers | 440/4 | €4,038 | €41 | -€3,997 | -99.0% |
| Other amounts payable | 47/48 | €1,500,580 | €725,000 | -€775,580 | -51.7% |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,837 | €33,333 | -€183,503 | -84.6% |
| Other operating charges | 640/8 | €7,744 | €6,814 | -€931 | -12.0% |
| Gross operating margin | 9900 | €117,590 | €18,075 | -€99,516 | -84.6% |
| Operating profit (loss) | 9901 | -€106,990 | -€22,072 | +€84,918 | +79.4% |
| Financial charges | 65/66B | €832 | €24,184 | +€23,352 | +2805.9% |
| Recurring financial charges | 65 | €832 | €24,184 | +€23,352 | +2805.9% |
| Profit (loss) for the period before taxes | 9903 | -€107,823 | -€46,256 | +€61,566 | +57.1% |
| Profit (loss) for the period | 9904 | -€107,823 | -€46,256 | +€61,566 | +57.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€107,823 | -€46,256 | +€61,566 | +57.1% |
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 12 October 2026 via checked.be.