3W.CONCEPT: what changed
Two fiscal 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.
3W.CONCEPT
Largest movements
- Receivables within one year +€194,094
up €194,094 (+30.6%), from €635,173 to €829,267
of which Other amounts receivable: +€197,691
- Cash -€100,789
down €100,789 (-86.9%), from €115,940 to €15,151
mainly Receivables within one year (-€194,094) and Accrued charges and deferred income (-€944)
- Profit (loss) carried forward +€54,135
up €54,135 (+8.4%), from €645,373 to €699,507
- Trade debts +€16,587
up €16,587 (+140.6%), from €11,794 to €28,381
- Tax, wage and social debts +€14,562
up €14,562 (+22.2%), from €65,549 to €80,111
- Gross operating margin -€306,417
down €306,417 (-77.3%), from €396,154 to €89,738
- Turnover -€103,970
no longer reported in 2025 (was €103,970)
- Purchases and services -€91,186
no longer reported in 2025 (was €91,186)
- Taxes -€40,699
down €40,699 (-67.4%), from €60,405 to €19,706
- Financial income +€8,402
up €8,402 (+132.4%), from €6,346 to €14,747
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.
Cash bridge derived
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 | €826,329 | €910,668 | +€84,339 | +10.2% |
| Fixed assets | 21/28 | €75,216 | €66,250 | -€8,966 | -11.9% |
| Tangible fixed assets | 22/27 | €75,216 | €66,250 | -€8,966 | -11.9% |
| Land and buildings | 22 | €75,216 | €66,250 | -€8,966 | -11.9% |
| Current assets | 29/58 | €751,113 | €844,418 | +€93,305 | +12.4% |
| Amounts receivable within one year | 40/41 | €635,173 | €829,267 | +€194,094 | +30.6% |
| Trade receivables | 40 | €30,173 | €26,576 | -€3,596 | -11.9% |
| Other amounts receivable | 41 | €605,000 | €802,691 | +€197,691 | +32.7% |
| Cash at bank and in hand | 54/58 | €115,940 | €15,151 | -€100,789 | -86.9% |
| Total equity and liabilities | 10/49 | €826,329 | €910,668 | +€84,339 | +10.2% |
| Equity | 10/15 | €734,641 | €788,776 | +€54,135 | +7.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €27,268 | €27,268 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,268 | €27,268 | = | 0.0% |
| Legal reserve | 130 | €27,268 | €27,268 | = | 0.0% |
| Profit (loss) carried forward | 14 | €645,373 | €699,507 | +€54,135 | +8.4% |
| Amounts payable | 17/49 | €91,688 | €121,893 | +€30,204 | +32.9% |
| Amounts payable after more than one year | 17 | €1,035 | €1,035 | = | 0.0% |
| Other amounts payable | 178/9 | €1,035 | €1,035 | = | 0.0% |
| Amounts payable within one year | 42/48 | €78,844 | €109,992 | +€31,148 | +39.5% |
| Trade debts | 44 | €11,794 | €28,381 | +€16,587 | +140.6% |
| Suppliers | 440/4 | €11,794 | €28,381 | +€16,587 | +140.6% |
| Taxes, remuneration and social security | 45 | €65,549 | €80,111 | +€14,562 | +22.2% |
| Taxes | 450/3 | €65,549 | €80,111 | +€14,562 | +22.2% |
| Other amounts payable | 47/48 | €1,500 | €1,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €11,810 | €10,866 | -€944 | -8.0% |
| Turnover | 70 | €103,970 | - | -€103,970 | |
| Non-recurring operating income | 76A | €383,370 | - | -€383,370 | |
| Goods, raw materials, services and sundry goods | 60/61 | €91,186 | - | -€91,186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,843 | €8,966 | +€123 | +1.4% |
| Other operating charges | 640/8 | €23,185 | €21,617 | -€1,568 | -6.8% |
| Gross operating margin | 9900 | €396,154 | €89,738 | -€306,417 | -77.3% |
| Operating profit (loss) | 9901 | €364,126 | €59,154 | -€304,972 | -83.8% |
| Financial income | 75/76B | €6,346 | €14,747 | +€8,402 | +132.4% |
| Recurring financial income | 75 | €6,346 | €14,747 | +€8,402 | +132.4% |
| Financial charges | 65/66B | €56 | €60 | +€5 | +8.2% |
| Recurring financial charges | 65 | €56 | €60 | +€5 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €370,416 | €73,841 | -€296,575 | -80.1% |
| Income taxes | 67/77 | €60,405 | €19,706 | -€40,699 | -67.4% |
| Profit (loss) for the period | 9904 | €310,012 | €54,135 | -€255,877 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €310,012 | €54,135 | -€255,877 | -82.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.