3VISION: 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.
3VISION
Largest movements
- Tangible fixed assets -€22,889
down €22,889 (-15.9%), from €143,974 to €121,085
- Receivables within one year -€21,009
down €21,009 (-14.6%), from €143,616 to €122,607
of which Trade receivables: -€19,534
- Cash -€10,641
down €10,641 (-34.9%), from €30,460 to €19,819
mainly Other debts (-€60,148) and Debts after one year (-€25,446)
- Other debts -€60,148
down €60,148 (-76.1%), from €79,022 to €18,874
- Reserves +€41,394
up €41,394 (+19.0%), from €217,501 to €258,894
of which Distributable reserves: +€41,394
- Debts after one year -€25,446
down €25,446 (-94.1%), from €27,032 to €1,586
- Tax, wage and social debts -€7,945
down €7,945 (-33.4%), from €23,818 to €15,873
- Gross operating margin -€7,637
down €7,637 (-7.4%), from €103,248 to €95,611
- Taxes -€3,387
down €3,387 (-16.8%), from €20,167 to €16,780
- Depreciation +€2,671
up €2,671 (+11.2%), from €23,946 to €26,617
- Other operating charges +€1,876
up €1,876 (+71.7%), from €2,618 to €4,494
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 | €391,695 | €338,735 | -€52,960 | -13.5% |
| Fixed assets | 21/28 | €145,141 | €122,252 | -€22,889 | -15.8% |
| Tangible fixed assets | 22/27 | €143,974 | €121,085 | -€22,889 | -15.9% |
| Land and buildings | 22 | €100,359 | €89,819 | -€10,540 | -10.5% |
| Plant, machinery and equipment | 23 | €5,793 | €4,653 | -€1,139 | -19.7% |
| Furniture and vehicles | 24 | €37,823 | €26,613 | -€11,210 | -29.6% |
| Financial fixed assets | 28 | €1,167 | €1,167 | = | 0.0% |
| Current assets | 29/58 | €246,555 | €216,483 | -€30,072 | -12.2% |
| Amounts receivable within one year | 40/41 | €143,616 | €122,607 | -€21,009 | -14.6% |
| Trade receivables | 40 | €142,073 | €122,540 | -€19,534 | -13.7% |
| Other amounts receivable | 41 | €1,542 | €67 | -€1,476 | -95.7% |
| Current investments | 50/53 | €68,094 | €68,094 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €30,460 | €19,819 | -€10,641 | -34.9% |
| Deferred charges and accrued income | 490/1 | €4,384 | €5,963 | +€1,579 | +36.0% |
| Total equity and liabilities | 10/49 | €391,695 | €338,735 | -€52,960 | -13.5% |
| Equity | 10/15 | €236,241 | €277,634 | +€41,394 | +17.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €217,501 | €258,894 | +€41,394 | +19.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €217,501 | €258,894 | +€41,394 | +19.0% |
| Profit (loss) carried forward | 14 | €140 | €140 | = | 0.0% |
| Amounts payable | 17/49 | €155,455 | €61,101 | -€94,354 | -60.7% |
| Amounts payable after more than one year | 17 | €27,032 | €1,586 | -€25,446 | -94.1% |
| Financial debts | 170/4 | €27,032 | €1,586 | -€25,446 | -94.1% |
| Amounts payable within one year | 42/48 | €128,422 | €59,515 | -€68,908 | -53.7% |
| Current portion of amounts payable after more than one year | 42 | €12,805 | €16,591 | +€3,786 | +29.6% |
| Financial debts | 43 | €739 | €10 | -€729 | -98.6% |
| Credit institutions | 430/8 | €739 | €10 | -€729 | -98.6% |
| Trade debts | 44 | €12,039 | €8,167 | -€3,872 | -32.2% |
| Suppliers | 440/4 | €12,039 | €8,167 | -€3,872 | -32.2% |
| Taxes, remuneration and social security | 45 | €23,818 | €15,873 | -€7,945 | -33.4% |
| Taxes | 450/3 | €23,818 | €15,873 | -€7,945 | -33.4% |
| Other amounts payable | 47/48 | €79,022 | €18,874 | -€60,148 | -76.1% |
| Remuneration, social security and pensions | 62 | €325 | €132 | -€193 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,946 | €26,617 | +€2,671 | +11.2% |
| Other operating charges | 640/8 | €2,618 | €4,494 | +€1,876 | +71.7% |
| Gross operating margin | 9900 | €103,248 | €95,611 | -€7,637 | -7.4% |
| Operating profit (loss) | 9901 | €76,359 | €64,368 | -€11,991 | -15.7% |
| Financial income | 75/76B | €18 | €85 | +€66 | +361% |
| Recurring financial income | 75 | €18 | €85 | +€66 | +361% |
| Financial charges | 65/66B | €6,209 | €6,279 | +€70 | +1.1% |
| Recurring financial charges | 65 | €6,209 | €6,279 | +€70 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €70,168 | €58,173 | -€11,995 | -17.1% |
| Income taxes | 67/77 | €20,167 | €16,780 | -€3,387 | -16.8% |
| Profit (loss) for the period | 9904 | €50,001 | €41,394 | -€8,608 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,001 | €41,394 | -€8,608 | -17.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.