50N3E: 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.
50N3E
Largest movements
- Cash +€33,594
up €33,594 (+14.0%), from €240,296 to €273,890
mainly Net result for the year (+€40,144) and Tax, wage and social debts (+€8,740)
- Receivables within one year +€14,473
up €14,473 (+33.7%), from €43,002 to €57,475
- Tangible fixed assets -€6,617
down €6,617 (-91.2%), from €7,253 to €636
of which Furniture and vehicles: -€5,111
- Reserves +€40,144
up €40,144 (+25.1%), from €160,146 to €200,289
- Tax, wage and social debts +€8,740
up €8,740 (+94.4%), from €9,259 to €17,999
of which Taxes: +€7,550
- Short-term financial debts -€5,303
down €5,303 (-53.0%), from €10,000 to €4,697
- Trade debts -€4,999
down €4,999 (-58.8%), from €8,501 to €3,501
- Gross operating margin +€18,736
up €18,736 (+40.5%), from €46,231 to €64,967
- Financial income -€3,606
down €3,606 (-63.1%), from €5,714 to €2,108
- Taxes +€3,407
up €3,407 (+25.7%), from €13,250 to €16,656
- Depreciation -€1,231
down €1,231 (-15.7%), from €7,848 to €6,617
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €294,886 | €333,017 | +€38,131 | +12.9% |
| Fixed assets | 21/28 | €7,253 | €636 | -€6,617 | -91.2% |
| Tangible fixed assets | 22/27 | €7,253 | €636 | -€6,617 | -91.2% |
| Land and buildings | 22 | €1,956 | €450 | -€1,506 | -77.0% |
| Furniture and vehicles | 24 | €5,297 | €186 | -€5,111 | -96.5% |
| Current assets | 29/58 | €287,633 | €332,381 | +€44,748 | +15.6% |
| Amounts receivable within one year | 40/41 | €43,002 | €57,475 | +€14,473 | +33.7% |
| Trade receivables | 40 | €43,002 | €57,475 | +€14,473 | +33.7% |
| Cash at bank and in hand | 54/58 | €240,296 | €273,890 | +€33,594 | +14.0% |
| Deferred charges and accrued income | 490/1 | €4,334 | €1,016 | -€3,319 | -76.6% |
| Total equity and liabilities | 10/49 | €294,886 | €333,017 | +€38,131 | +12.9% |
| Equity | 10/15 | €240,218 | €280,362 | +€40,144 | +16.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €160,146 | €200,289 | +€40,144 | +25.1% |
| Distributable reserves | 133 | €160,146 | €200,289 | +€40,144 | +25.1% |
| Profit (loss) carried forward | 14 | €73,872 | €73,872 | = | 0.0% |
| Amounts payable | 17/49 | €54,668 | €52,655 | -€2,013 | -3.7% |
| Amounts payable within one year | 42/48 | €54,561 | €52,229 | -€2,332 | -4.3% |
| Financial debts | 43 | €10,000 | €4,697 | -€5,303 | -53.0% |
| Credit institutions | 430/8 | €10,000 | €4,697 | -€5,303 | -53.0% |
| Trade debts | 44 | €8,501 | €3,501 | -€4,999 | -58.8% |
| Suppliers | 440/4 | €8,501 | €3,501 | -€4,999 | -58.8% |
| Taxes, remuneration and social security | 45 | €9,259 | €17,999 | +€8,740 | +94.4% |
| Taxes | 450/3 | €9,259 | €16,809 | +€7,550 | +81.5% |
| Remuneration and social security | 454/9 | - | €1,190 | +€1,190 | |
| Other amounts payable | 47/48 | €26,802 | €26,031 | -€770 | -2.9% |
| Accrued charges and deferred income | 492/3 | €107 | €426 | +€319 | +299% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,848 | €6,617 | -€1,231 | -15.7% |
| Other operating charges | 640/8 | €1,251 | €1,348 | +€96 | +7.7% |
| Gross operating margin | 9900 | €46,231 | €64,967 | +€18,736 | +40.5% |
| Operating profit (loss) | 9901 | €37,131 | €57,002 | +€19,871 | +53.5% |
| Financial income | 75/76B | €5,714 | €2,108 | -€3,606 | -63.1% |
| Recurring financial income | 75 | €5,714 | €2,108 | -€3,606 | -63.1% |
| Financial charges | 65/66B | €2,365 | €2,310 | -€55 | -2.3% |
| Recurring financial charges | 65 | €2,365 | €2,310 | -€55 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €40,480 | €56,800 | +€16,320 | +40.3% |
| Income taxes | 67/77 | €13,250 | €16,656 | +€3,407 | +25.7% |
| Profit (loss) for the period | 9904 | €27,231 | €40,144 | +€12,913 | +47.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,231 | €40,144 | +€12,913 | +47.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.