3J: 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.
3J
Largest movements
- Cash -€16,121
down €16,121 (-41.4%), from €38,920 to €22,799
mainly Debts after one year (-€13,482) and Receivables within one year (-€8,607)
- Receivables within one year +€8,607
up €8,607 (+699%), from €1,232 to €9,839
of which Other amounts receivable: +€5,272
- Intangible fixed assets -€5,451
down €5,451 (-11.7%), from €46,438 to €40,988
- Tangible fixed assets -€3,172
down €3,172 (-19.0%), from €16,676 to €13,503
of which Plant, machinery and equipment: -€4,876
- Stocks and contracts +€2,874
up €2,874 (+52.0%), from €5,521 to €8,395
- Debts after one year -€13,482
down €13,482 (-25.4%), from €53,088 to €39,605
- Other debts -€8,336
no longer reported in 2025 (was €8,336)
- Trade debts +€5,846
up €5,846 (+61.5%), from €9,504 to €15,351
- Tax, wage and social debts +€2,403
up €2,403 (+32.8%), from €7,316 to €9,719
of which Taxes: +€1,456
- Profit (loss) carried forward -€1,321
down €1,321 (-7.7%), from €17,234 to €15,913
- Gross operating margin -€32,604
down €32,604 (-41.7%), from €78,158 to €45,554
- Staff costs -€11,798
down €11,798 (-33.8%), from €34,866 to €23,067
- Other operating charges -€10,677
down €10,677 (-91.8%), from €11,632 to €955
- Depreciation +€7,862
up €7,862 (+100%), from €7,852 to €15,713
- Taxes -€3,580
down €3,580 (-77.6%), from €4,616 to €1,035
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 | €111,272 | €97,070 | -€14,202 | -12.8% |
| Formation expenses | 20 | €966 | - | -€966 | |
| Fixed assets | 21/28 | €63,114 | €54,491 | -€8,623 | -13.7% |
| Intangible fixed assets | 21 | €46,438 | €40,988 | -€5,451 | -11.7% |
| Tangible fixed assets | 22/27 | €16,676 | €13,503 | -€3,172 | -19.0% |
| Plant, machinery and equipment | 23 | €16,676 | €11,800 | -€4,876 | -29.2% |
| Furniture and vehicles | 24 | - | €1,704 | +€1,704 | |
| Current assets | 29/58 | €47,192 | €42,579 | -€4,613 | -9.8% |
| Stocks and contracts in progress | 3 | €5,521 | €8,395 | +€2,874 | +52.0% |
| Stocks | 30/36 | €5,521 | €8,395 | +€2,874 | +52.0% |
| Amounts receivable within one year | 40/41 | €1,232 | €9,839 | +€8,607 | +699% |
| Trade receivables | 40 | €624 | €3,959 | +€3,335 | +534% |
| Other amounts receivable | 41 | €608 | €5,880 | +€5,272 | +867% |
| Cash at bank and in hand | 54/58 | €38,920 | €22,799 | -€16,121 | -41.4% |
| Deferred charges and accrued income | 490/1 | €1,519 | €1,545 | +€27 | +1.8% |
| Total equity and liabilities | 10/49 | €111,272 | €97,070 | -€14,202 | -12.8% |
| Equity | 10/15 | €20,234 | €18,913 | -€1,321 | -6.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,234 | €15,913 | -€1,321 | -7.7% |
| Amounts payable | 17/49 | €91,038 | €78,157 | -€12,881 | -14.1% |
| Amounts payable after more than one year | 17 | €53,088 | €39,605 | -€13,482 | -25.4% |
| Financial debts | 170/4 | €53,088 | €39,605 | -€13,482 | -25.4% |
| Amounts payable within one year | 42/48 | €37,950 | €38,552 | +€601 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €12,794 | €13,482 | +€688 | +5.4% |
| Trade debts | 44 | €9,504 | €15,351 | +€5,846 | +61.5% |
| Suppliers | 440/4 | €9,504 | €15,351 | +€5,846 | +61.5% |
| Taxes, remuneration and social security | 45 | €7,316 | €9,719 | +€2,403 | +32.8% |
| Taxes | 450/3 | €5,091 | €6,548 | +€1,456 | +28.6% |
| Remuneration and social security | 454/9 | €2,225 | €3,171 | +€946 | +42.5% |
| Other amounts payable | 47/48 | €8,336 | - | -€8,336 | |
| Remuneration, social security and pensions | 62 | €34,866 | €23,067 | -€11,798 | -33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,852 | €15,713 | +€7,862 | +100% |
| Other operating charges | 640/8 | €11,632 | €955 | -€10,677 | -91.8% |
| Gross operating margin | 9900 | €78,158 | €45,554 | -€32,604 | -41.7% |
| Operating profit (loss) | 9901 | €23,808 | €5,818 | -€17,990 | -75.6% |
| Financial income | 75/76B | - | €160 | +€160 | |
| Recurring financial income | 75 | - | €160 | +€160 | |
| Financial charges | 65/66B | €1,958 | €4,546 | +€2,588 | +132% |
| Recurring financial charges | 65 | €1,958 | €4,546 | +€2,588 | +132% |
| Profit (loss) for the period before taxes | 9903 | €21,850 | €1,432 | -€20,418 | -93.4% |
| Income taxes | 67/77 | €4,616 | €1,035 | -€3,580 | -77.6% |
| Profit (loss) for the period | 9904 | €17,234 | €397 | -€16,837 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,234 | €397 | -€16,837 | -97.7% |
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 14 October 2026 via checked.be.