3V-Projects: 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.
3V-Projects
Largest movements
- Stocks and contracts +€165,977
up €165,977 (+111%), from €149,895 to €315,872
- Receivables within one year +€155,973
up €155,973 (+108%), from €144,787 to €300,760
of which Trade receivables: +€99,808
- Cash +€96,920
up €96,920 (+41,019%), from €236 to €97,156
mainly Short-term financial debts (+€222,425) and Net result for the year (+€118,495)
- Short-term financial debts +€222,425
new in 2025: €222,425
- Profit (loss) carried forward +€118,495
up €118,495 (+154%), from €76,894 to €195,389
- Trade debts +€73,389
up €73,389 (+127%), from €57,798 to €131,187
- Other debts +€40,161
up €40,161 (+88.2%), from €45,545 to €85,706
- Tax, wage and social debts -€37,536
down €37,536 (-83.7%), from €44,821 to €7,285
- Gross operating margin +€216,293
up €216,293, from -€81,652 to €134,640
- Taxes +€5,659
new in 2025: €5,659
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 | €295,058 | €713,788 | +€418,730 | +142% |
| Current assets | 29/58 | €295,058 | €713,788 | +€418,730 | +142% |
| Stocks and contracts in progress | 3 | €149,895 | €315,872 | +€165,977 | +111% |
| Stocks | 30/36 | €149,895 | €315,872 | +€165,977 | +111% |
| Amounts receivable within one year | 40/41 | €144,787 | €300,760 | +€155,973 | +108% |
| Trade receivables | 40 | €13,958 | €113,766 | +€99,808 | +715% |
| Other amounts receivable | 41 | €130,829 | €186,994 | +€56,165 | +42.9% |
| Cash at bank and in hand | 54/58 | €236 | €97,156 | +€96,920 | +41,019% |
| Deferred charges and accrued income | 490/1 | €140 | - | -€140 | |
| Total equity and liabilities | 10/49 | €295,058 | €713,788 | +€418,730 | +142% |
| Equity | 10/15 | €95,494 | €213,989 | +€118,495 | +124% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,894 | €195,389 | +€118,495 | +154% |
| Amounts payable | 17/49 | €199,564 | €499,799 | +€300,235 | +150% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €148,164 | €449,595 | +€301,431 | +203% |
| Financial debts | 43 | - | €222,425 | +€222,425 | |
| Credit institutions | 430/8 | - | €222,425 | +€222,425 | |
| Trade debts | 44 | €57,798 | €131,187 | +€73,389 | +127% |
| Suppliers | 440/4 | €57,798 | €131,187 | +€73,389 | +127% |
| Advances received on contracts in progress | 46 | - | €2,992 | +€2,992 | |
| Taxes, remuneration and social security | 45 | €44,821 | €7,285 | -€37,536 | -83.7% |
| Taxes | 450/3 | €44,821 | €7,285 | -€37,536 | -83.7% |
| Other amounts payable | 47/48 | €45,545 | €85,706 | +€40,161 | +88.2% |
| Accrued charges and deferred income | 492/3 | €1,400 | €204 | -€1,196 | -85.4% |
| Other operating charges | 640/8 | €578 | €744 | +€166 | +28.7% |
| Non-recurring operating charges | 66A | - | €711 | +€711 | |
| Gross operating margin | 9900 | -€81,652 | €134,640 | +€216,293 | |
| Operating profit (loss) | 9901 | -€82,230 | €133,186 | +€215,416 | |
| Financial income | 75/76B | €832 | €125 | -€707 | -85.0% |
| Recurring financial income | 75 | €832 | €125 | -€707 | -85.0% |
| Financial charges | 65/66B | €10,206 | €9,156 | -€1,050 | -10.3% |
| Recurring financial charges | 65 | €10,206 | €9,156 | -€1,050 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€91,605 | €124,154 | +€215,759 | |
| Income taxes | 67/77 | - | €5,659 | +€5,659 | |
| Profit (loss) for the period | 9904 | -€91,605 | €118,495 | +€210,100 | |
| Profit (loss) for the period to be appropriated | 9905 | -€91,605 | €118,495 | +€210,100 |
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 13 October 2026 via checked.be.