3C: 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.
3C
Largest movements
- Receivables within one year -€41,346
down €41,346 (-100.0%), from €41,346 to €0
of which Trade receivables: -€38,042
- Tangible fixed assets -€8,980
down €8,980 (-35.7%), from €25,187 to €16,207
- Cash +€3,892
up €3,892 (+1773.4%), from €219 to €4,112
mainly Receivables within one year (+€41,346) and Depreciation (+€8,980)
- Debts after one year -€35,500
down €35,500 (-38.6%), from €92,000 to €56,500
- Trade debts -€17,678
down €17,678 (-30.0%), from €58,934 to €41,255
- Accrued charges and deferred income +€2,970
up €2,970 (+7.3%), from €40,681 to €43,651
- Profit (loss) carried forward +€2,019
up €2,019 (+0.7%), from -€286,680 to -€284,660
- Tax, wage and social debts +€1,723
up €1,723 (+16549.7%), from €10 to €1,733
- Gross operating margin -€9,009
down €9,009 (-36.9%), from €24,408 to €15,400
- Depreciation +€7,227
up €7,227 (+412.3%), from €1,753 to €8,980
- Write-downs +€481
new in 2025: €481
- Other operating charges -€435
down €435 (-32.4%), from €1,342 to €907
- Financial charges -€391
down €391 (-11.5%), from €3,404 to €3,013
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 | €70,577 | €23,675 | -€46,903 | -66.5% |
| Fixed assets | 21/28 | €25,187 | €16,207 | -€8,980 | -35.7% |
| Tangible fixed assets | 22/27 | €25,187 | €16,207 | -€8,980 | -35.7% |
| Furniture and vehicles | 24 | €25,187 | €16,207 | -€8,980 | -35.7% |
| Current assets | 29/58 | €45,390 | €7,468 | -€37,923 | -83.5% |
| Stocks and contracts in progress | 3 | €3,208 | €2,727 | -€481 | -15.0% |
| Stocks | 30/36 | €3,208 | €2,727 | -€481 | -15.0% |
| Amounts receivable within one year | 40/41 | €41,346 | €0 | -€41,346 | -100.0% |
| Trade receivables | 40 | €38,042 | €0 | -€38,042 | -100.0% |
| Other amounts receivable | 41 | €3,304 | €0 | -€3,304 | -100.0% |
| Cash at bank and in hand | 54/58 | €219 | €4,112 | +€3,892 | +1773.4% |
| Deferred charges and accrued income | 490/1 | €617 | €629 | +€12 | +2.0% |
| Total equity and liabilities | 10/49 | €70,577 | €23,675 | -€46,903 | -66.5% |
| Equity | 10/15 | -€133,519 | -€131,499 | +€2,019 | +1.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €3,161 | €3,161 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,161 | €3,161 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€286,680 | -€284,660 | +€2,019 | +0.7% |
| Amounts payable | 17/49 | €204,096 | €155,174 | -€48,922 | -24.0% |
| Amounts payable after more than one year | 17 | €92,000 | €56,500 | -€35,500 | -38.6% |
| Financial debts | 170/4 | €92,000 | €56,500 | -€35,500 | -38.6% |
| Amounts payable within one year | 42/48 | €71,416 | €55,023 | -€16,392 | -23.0% |
| Trade debts | 44 | €58,934 | €41,255 | -€17,678 | -30.0% |
| Suppliers | 440/4 | €58,934 | €41,255 | -€17,678 | -30.0% |
| Taxes, remuneration and social security | 45 | €10 | €1,733 | +€1,723 | +16549.7% |
| Taxes | 450/3 | €10 | €1,733 | +€1,723 | +16549.7% |
| Other amounts payable | 47/48 | €12,472 | €12,035 | -€437 | -3.5% |
| Accrued charges and deferred income | 492/3 | €40,681 | €43,651 | +€2,970 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,753 | €8,980 | +€7,227 | +412.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €481 | +€481 | |
| Other operating charges | 640/8 | €1,342 | €907 | -€435 | -32.4% |
| Gross operating margin | 9900 | €24,408 | €15,400 | -€9,009 | -36.9% |
| Operating profit (loss) | 9901 | €21,313 | €5,031 | -€16,282 | -76.4% |
| Financial income | 75/76B | €27 | €1 | -€26 | -96.3% |
| Recurring financial income | 75 | €27 | €1 | -€26 | -96.3% |
| Financial charges | 65/66B | €3,404 | €3,013 | -€391 | -11.5% |
| Recurring financial charges | 65 | €3,404 | €3,013 | -€391 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €17,937 | €2,019 | -€15,917 | -88.7% |
| Profit (loss) for the period | 9904 | €17,937 | €2,019 | -€15,917 | -88.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,937 | €2,019 | -€15,917 | -88.7% |
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.