3Desc: 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.
3Desc
Largest movements
- Cash +€20,217
up €20,217 (+42.8%), from €47,283 to €67,500
mainly Net result for the year (+€17,467) and Receivables within one year (+€5,921)
- Receivables within one year -€5,921
down €5,921 (-54.0%), from €10,973 to €5,053
of which Trade receivables: -€8,412
- Tangible fixed assets +€1,095
up €1,095 (+56.4%), from €1,941 to €3,035
- Reserves +€17,467
up €17,467 (+36.7%), from €47,619 to €65,086
- Tax, wage and social debts -€1,752
down €1,752 (-19.3%), from €9,084 to €7,332
- Gross operating margin -€16,340
down €16,340 (-38.0%), from €43,000 to €26,660
- Taxes -€4,406
down €4,406 (-38.9%), from €11,332 to €6,926
- Other operating charges +€785
up €785 (+155%), from €505 to €1,290
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.
Derived cash bridge
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 | €62,537 | €78,079 | +€15,542 | +24.9% |
| Fixed assets | 21/28 | €4,191 | €5,285 | +€1,095 | +26.1% |
| Tangible fixed assets | 22/27 | €1,941 | €3,035 | +€1,095 | +56.4% |
| Furniture and vehicles | 24 | €1,941 | €3,035 | +€1,095 | +56.4% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €58,347 | €72,794 | +€14,447 | +24.8% |
| Amounts receivable within one year | 40/41 | €10,973 | €5,053 | -€5,921 | -54.0% |
| Trade receivables | 40 | €10,929 | €2,518 | -€8,412 | -77.0% |
| Other amounts receivable | 41 | €44 | €2,535 | +€2,491 | +5,654% |
| Cash at bank and in hand | 54/58 | €47,283 | €67,500 | +€20,217 | +42.8% |
| Deferred charges and accrued income | 490/1 | €91 | €241 | +€150 | +166% |
| Total equity and liabilities | 10/49 | €62,537 | €78,079 | +€15,542 | +24.9% |
| Equity | 10/15 | €50,619 | €68,086 | +€17,467 | +34.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €47,619 | €65,086 | +€17,467 | +36.7% |
| Distributable reserves | 133 | €47,619 | €65,086 | +€17,467 | +36.7% |
| Amounts payable | 17/49 | €11,919 | €9,993 | -€1,925 | -16.2% |
| Amounts payable after more than one year | 17 | €521 | €1,297 | +€776 | +149% |
| Financial debts | 170/4 | €521 | €1,297 | +€776 | +149% |
| Amounts payable within one year | 42/48 | €11,052 | €8,696 | -€2,356 | -21.3% |
| Trade debts | 44 | €1,968 | €1,364 | -€604 | -30.7% |
| Suppliers | 440/4 | €1,968 | €1,364 | -€604 | -30.7% |
| Taxes, remuneration and social security | 45 | €9,084 | €7,332 | -€1,752 | -19.3% |
| Taxes | 450/3 | €9,084 | €7,332 | -€1,752 | -19.3% |
| Accrued charges and deferred income | 492/3 | €346 | - | -€346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €497 | €883 | +€386 | +77.6% |
| Other operating charges | 640/8 | €505 | €1,290 | +€785 | +155% |
| Gross operating margin | 9900 | €43,000 | €26,660 | -€16,340 | -38.0% |
| Operating profit (loss) | 9901 | €41,998 | €24,487 | -€17,511 | -41.7% |
| Financial charges | 65/66B | €69 | €94 | +€25 | +36.1% |
| Recurring financial charges | 65 | €69 | €94 | +€25 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | €41,929 | €24,393 | -€17,535 | -41.8% |
| Income taxes | 67/77 | €11,332 | €6,926 | -€4,406 | -38.9% |
| Profit (loss) for the period | 9904 | €30,597 | €17,467 | -€13,129 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,597 | €17,467 | -€13,129 | -42.9% |
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 15 October 2026 via checked.be.