3D-PDG: 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.
3D-PDG
Largest movements
- Receivables within one year +€298,962
up €298,962 (+73.6%), from €406,111 to €705,072
of which Trade receivables: +€326,908
- Cash -€100,492
down €100,492 (-31.8%), from €316,153 to €215,661
mainly Receivables within one year (-€298,962) and Deferred charges and accrued income (-€27,718)
- Deferred charges and accrued income +€27,718
up €27,718 (+52.0%), from €53,271 to €80,989
- Financial fixed assets +€12,500
up €12,500 (+125.0%), from €10,000 to €22,500
- Reserves +€100,000
up €100,000 (+100.0%), from €100,000 to €200,000
- Tax, wage and social debts +€86,353
up €86,353 (+348.9%), from €24,747 to €111,100
of which Taxes: +€49,572
- Trade debts +€58,623
up €58,623 (+9.1%), from €643,188 to €701,811
- Staff costs +€234,581
up €234,581 (+220.6%), from €106,342 to €340,923
- Gross operating margin +€226,726
up €226,726 (+86.3%), from €262,720 to €489,446
- Depreciation +€5,071
up €5,071 (+82.4%), from €6,155 to €11,226
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 | €798,926 | €1,037,849 | +€238,923 | +29.9% |
| Fixed assets | 21/28 | €23,392 | €36,126 | +€12,735 | +54.4% |
| Tangible fixed assets | 22/27 | €13,392 | €13,626 | +€235 | +1.8% |
| Plant, machinery and equipment | 23 | €5,147 | €13,320 | +€8,173 | +158.8% |
| Furniture and vehicles | 24 | €2,925 | €306 | -€2,619 | -89.5% |
| Other tangible fixed assets | 26 | €5,320 | - | -€5,320 | |
| Financial fixed assets | 28 | €10,000 | €22,500 | +€12,500 | +125.0% |
| Current assets | 29/58 | €775,535 | €1,001,723 | +€226,188 | +29.2% |
| Amounts receivable within one year | 40/41 | €406,111 | €705,072 | +€298,962 | +73.6% |
| Trade receivables | 40 | €378,164 | €705,072 | +€326,908 | +86.4% |
| Other amounts receivable | 41 | €27,946 | - | -€27,946 | |
| Cash at bank and in hand | 54/58 | €316,153 | €215,661 | -€100,492 | -31.8% |
| Deferred charges and accrued income | 490/1 | €53,271 | €80,989 | +€27,718 | +52.0% |
| Total equity and liabilities | 10/49 | €798,926 | €1,037,849 | +€238,923 | +29.9% |
| Equity | 10/15 | €129,169 | €224,672 | +€95,503 | +73.9% |
| Contributions | 10/11 | €20,100 | €20,100 | = | 0.0% |
| Reserves | 13 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Distributable reserves | 133 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Profit (loss) carried forward | 14 | €9,069 | €4,572 | -€4,497 | -49.6% |
| Amounts payable | 17/49 | €669,757 | €813,177 | +€143,420 | +21.4% |
| Amounts payable after more than one year | 17 | €266 | - | -€266 | |
| Financial debts | 170/4 | €266 | - | -€266 | |
| Amounts payable within one year | 42/48 | €669,491 | €813,177 | +€143,686 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €1,556 | €266 | -€1,290 | -82.9% |
| Trade debts | 44 | €643,188 | €701,811 | +€58,623 | +9.1% |
| Suppliers | 440/4 | €643,188 | €701,811 | +€58,623 | +9.1% |
| Taxes, remuneration and social security | 45 | €24,747 | €111,100 | +€86,353 | +348.9% |
| Taxes | 450/3 | €1,659 | €51,232 | +€49,572 | +2987.3% |
| Remuneration and social security | 454/9 | €23,087 | €59,868 | +€36,781 | +159.3% |
| Remuneration, social security and pensions | 62 | €106,342 | €340,923 | +€234,581 | +220.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,155 | €11,226 | +€5,071 | +82.4% |
| Other operating charges | 640/8 | €1,355 | €2,165 | +€810 | +59.8% |
| Gross operating margin | 9900 | €262,720 | €489,446 | +€226,726 | +86.3% |
| Operating profit (loss) | 9901 | €148,868 | €135,132 | -€13,736 | -9.2% |
| Financial income | 75/76B | €269 | €811 | +€541 | +200.9% |
| Recurring financial income | 75 | €269 | €811 | +€541 | +200.9% |
| Financial charges | 65/66B | €1,162 | €1,083 | -€79 | -6.8% |
| Recurring financial charges | 65 | €1,162 | €1,083 | -€79 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €147,975 | €134,860 | -€13,116 | -8.9% |
| Income taxes | 67/77 | €39,032 | €39,357 | +€325 | +0.8% |
| Profit (loss) for the period | 9904 | €108,944 | €95,503 | -€13,441 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €108,944 | €95,503 | -€13,441 | -12.3% |
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 9 October 2026 via checked.be.