3B structure: 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.
3B structure
Largest movements
- Financial fixed assets +€156,800
up €156,800 (+31360.0%), from €500 to €157,300
- Deferred charges and accrued income +€71,249
up €71,249 (+19193.1%), from €371 to €71,620
- Cash -€31,449
down €31,449 (-95.0%), from €33,098 to €1,649
mainly Investment in fixed assets (net) (-€158,560) and Deferred charges and accrued income (-€71,249)
- Tangible fixed assets -€24,560
down €24,560 (-20.2%), from €121,298 to €96,738
of which Furniture and vehicles: -€17,319
- Receivables within one year -€7,398
down €7,398 (-61.3%), from €12,076 to €4,678
of which Trade receivables: -€7,732
- Debts after one year +€91,332
up €91,332 (+102.4%), from €89,192 to €180,524
- Other debts +€40,000
up €40,000 (+285.7%), from €14,000 to €54,000
- Current portion of long-term debt +€17,564
up €17,564 (+134.3%), from €13,078 to €30,642
- Tax, wage and social debts +€10,786
up €10,786 (+29.3%), from €36,868 to €47,654
of which Taxes: +€7,786
- Gross operating margin +€25,440
up €25,440 (+36.0%), from €70,618 to €96,058
- Depreciation +€8,684
up €8,684 (+49.2%), from €17,636 to €26,320
- Other operating charges +€8,249
up €8,249 (+424.3%), from €1,944 to €10,193
- Taxes -€7,434
down €7,434 (-65.4%), from €11,375 to €3,941
- Financial charges +€3,382
up €3,382 (+120.6%), from €2,805 to €6,187
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 | €170,844 | €335,485 | +€164,641 | +96.4% |
| Fixed assets | 21/28 | €121,798 | €254,038 | +€132,240 | +108.6% |
| Tangible fixed assets | 22/27 | €121,298 | €96,738 | -€24,560 | -20.2% |
| Land and buildings | 22 | €63,802 | €57,443 | -€6,358 | -10.0% |
| Furniture and vehicles | 24 | €51,623 | €34,304 | -€17,319 | -33.5% |
| Other tangible fixed assets | 26 | €5,873 | €4,991 | -€882 | -15.0% |
| Financial fixed assets | 28 | €500 | €157,300 | +€156,800 | +31360.0% |
| Current assets | 29/58 | €49,046 | €81,447 | +€32,401 | +66.1% |
| Amounts receivable within one year | 40/41 | €12,076 | €4,678 | -€7,398 | -61.3% |
| Trade receivables | 40 | €10,406 | €2,674 | -€7,732 | -74.3% |
| Other amounts receivable | 41 | €1,670 | €2,004 | +€334 | +20.0% |
| Current investments | 50/53 | €3,500 | €3,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,098 | €1,649 | -€31,449 | -95.0% |
| Deferred charges and accrued income | 490/1 | €371 | €71,620 | +€71,249 | +19193.1% |
| Total equity and liabilities | 10/49 | €170,844 | €335,485 | +€164,641 | +96.4% |
| Equity | 10/15 | €15,979 | €17,947 | +€1,968 | +12.3% |
| Reserves | 13 | €5,765 | €5,765 | = | 0.0% |
| Non-distributable reserves | 130/1 | €765 | €765 | = | 0.0% |
| Reserves not available under the articles | 1311 | €765 | €765 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,214 | €12,182 | +€1,968 | +19.3% |
| Amounts payable | 17/49 | €154,865 | €317,539 | +€162,673 | +105.0% |
| Amounts payable after more than one year | 17 | €89,192 | €180,524 | +€91,332 | +102.4% |
| Financial debts | 170/4 | €89,192 | €180,524 | +€91,332 | +102.4% |
| Amounts payable within one year | 42/48 | €63,946 | €132,295 | +€68,350 | +106.9% |
| Current portion of amounts payable after more than one year | 42 | €13,078 | €30,642 | +€17,564 | +134.3% |
| Taxes, remuneration and social security | 45 | €36,868 | €47,654 | +€10,786 | +29.3% |
| Taxes | 450/3 | €36,868 | €44,654 | +€7,786 | +21.1% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €14,000 | €54,000 | +€40,000 | +285.7% |
| Accrued charges and deferred income | 492/3 | €1,727 | €4,719 | +€2,992 | +173.2% |
| Remuneration, social security and pensions | 62 | €2,403 | €2,450 | +€47 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,636 | €26,320 | +€8,684 | +49.2% |
| Other operating charges | 640/8 | €1,944 | €10,193 | +€8,249 | +424.3% |
| Gross operating margin | 9900 | €70,618 | €96,058 | +€25,440 | +36.0% |
| Operating profit (loss) | 9901 | €48,634 | €57,095 | +€8,461 | +17.4% |
| Financial income | 75/76B | €0 | €1 | +€1 | +7700.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +7700.0% |
| Financial charges | 65/66B | €2,805 | €6,187 | +€3,382 | +120.6% |
| Recurring financial charges | 65 | €2,805 | €6,187 | +€3,382 | +120.6% |
| Profit (loss) for the period before taxes | 9903 | €45,829 | €50,909 | +€5,080 | +11.1% |
| Income taxes | 67/77 | €11,375 | €3,941 | -€7,434 | -65.4% |
| Profit (loss) for the period | 9904 | €34,454 | €46,968 | +€12,514 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,454 | €46,968 | +€12,514 | +36.3% |
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 4 October 2026 via checked.be.