3Leaves: 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.
3Leaves
Largest movements
- Receivables within one year +€38,308
up €38,308 (+61.7%), from €62,115 to €100,424
of which Trade receivables: +€42,819
- Tangible fixed assets -€19,550
down €19,550 (-42.8%), from €45,641 to €26,091
of which Furniture and vehicles: -€14,383
- Stocks and contracts +€3,605
up €3,605 (+352%), from €1,024 to €4,629
- Cash +€3,365
up €3,365 (+197%), from €1,712 to €5,076
mainly Trade debts (+€23,937) and Depreciation (+€19,550)
- Trade debts +€23,937
up €23,937 (+511%), from €4,688 to €28,625
- Debts after one year +€6,245
up €6,245 (+8.4%), from €74,755 to €81,000
- Current portion of long-term debt -€5,406
down €5,406 (-94.3%), from €5,732 to €327
- Other debts -€1,665
no longer reported in 2025 (was €1,665)
- Tax, wage and social debts +€1,554
up €1,554 (+23.1%), from €6,739 to €8,293
- Gross operating margin -€13,188
down €13,188 (-34.4%), from €38,356 to €25,168
- Depreciation +€5,990
up €5,990 (+44.2%), from €13,560 to €19,550
- Taxes -€4,231
down €4,231 (-75.1%), from €5,636 to €1,405
- Financial charges +€617
up €617 (+34.2%), from €1,806 to €2,424
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 | €110,992 | €136,614 | +€25,622 | +23.1% |
| Fixed assets | 21/28 | €45,646 | €26,096 | -€19,550 | -42.8% |
| Tangible fixed assets | 22/27 | €45,641 | €26,091 | -€19,550 | -42.8% |
| Plant, machinery and equipment | 23 | €13,411 | €8,244 | -€5,167 | -38.5% |
| Furniture and vehicles | 24 | €32,230 | €17,847 | -€14,383 | -44.6% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €65,345 | €110,518 | +€45,173 | +69.1% |
| Stocks and contracts in progress | 3 | €1,024 | €4,629 | +€3,605 | +352% |
| Stocks | 30/36 | €1,024 | €4,629 | +€3,605 | +352% |
| Amounts receivable within one year | 40/41 | €62,115 | €100,424 | +€38,308 | +61.7% |
| Trade receivables | 40 | €51,901 | €94,720 | +€42,819 | +82.5% |
| Other amounts receivable | 41 | €10,214 | €5,703 | -€4,511 | -44.2% |
| Cash at bank and in hand | 54/58 | €1,712 | €5,076 | +€3,365 | +197% |
| Deferred charges and accrued income | 490/1 | €495 | €390 | -€106 | -21.3% |
| Total equity and liabilities | 10/49 | €110,992 | €136,614 | +€25,622 | +23.1% |
| Equity | 10/15 | €17,412 | €18,369 | +€957 | +5.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €16,412 | €17,369 | +€957 | +5.8% |
| Distributable reserves | 133 | €16,412 | €17,369 | +€957 | +5.8% |
| Amounts payable | 17/49 | €93,580 | €118,245 | +€24,665 | +26.4% |
| Amounts payable after more than one year | 17 | €74,755 | €81,000 | +€6,245 | +8.4% |
| Financial debts | 170/4 | €74,755 | €81,000 | +€6,245 | +8.4% |
| Amounts payable within one year | 42/48 | €18,825 | €37,245 | +€18,420 | +97.8% |
| Current portion of amounts payable after more than one year | 42 | €5,732 | €327 | -€5,406 | -94.3% |
| Trade debts | 44 | €4,688 | €28,625 | +€23,937 | +511% |
| Suppliers | 440/4 | €4,688 | €28,625 | +€23,937 | +511% |
| Taxes, remuneration and social security | 45 | €6,739 | €8,293 | +€1,554 | +23.1% |
| Taxes | 450/3 | €6,739 | €8,293 | +€1,554 | +23.1% |
| Other amounts payable | 47/48 | €1,665 | - | -€1,665 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,560 | €19,550 | +€5,990 | +44.2% |
| Other operating charges | 640/8 | €1,452 | €1,222 | -€229 | -15.8% |
| Gross operating margin | 9900 | €38,356 | €25,168 | -€13,188 | -34.4% |
| Operating profit (loss) | 9901 | €23,345 | €4,396 | -€18,949 | -81.2% |
| Financial income | 75/76B | €509 | €390 | -€119 | -23.4% |
| Recurring financial income | 75 | €509 | €390 | -€119 | -23.4% |
| Financial charges | 65/66B | €1,806 | €2,424 | +€617 | +34.2% |
| Recurring financial charges | 65 | €1,806 | €2,424 | +€617 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €22,048 | €2,362 | -€19,686 | -89.3% |
| Income taxes | 67/77 | €5,636 | €1,405 | -€4,231 | -75.1% |
| Profit (loss) for the period | 9904 | €16,412 | €957 | -€15,455 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,412 | €957 | -€15,455 | -94.2% |
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 16 October 2026 via checked.be.