A3 Group: 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.
A3 Group
Largest movements
- Receivables within one year +€37,184
up €37,184 (+56.5%), from €65,816 to €103,000
of which Other amounts receivable: +€48,136
- Cash +€33,902
new in 2025: €33,902
mainly Trade debts (+€39,709) and Net result for the year (+€36,546)
- Stocks and contracts +€20,116
new in 2025: €20,116
- Tangible fixed assets -€10,214
down €10,214 (-70.7%), from €14,441 to €4,227
of which Plant, machinery and equipment: -€5,414
- Deferred charges and accrued income -€8,037
down €8,037 (-98.8%), from €8,139 to €101
- Trade debts +€39,709
up €39,709 (+158.7%), from €25,029 to €64,738
- Profit (loss) carried forward +€36,546
new in 2025: €36,546
- Other debts -€3,436
no longer reported in 2025 (was €3,436)
- Tax, wage and social debts +€2,744
up €2,744 (+22.3%), from €12,333 to €15,077
of which Taxes: +€2,744
- Short-term financial debts -€2,613
no longer reported in 2025 (was €2,613)
- Gross operating margin +€41,372
up €41,372 (+166.5%), from €24,849 to €66,221
- Taxes +€6,789
up €6,789 (+178.8%), from €3,797 to €10,586
- Staff costs +€6,222
up €6,222, from -€683 to €5,539
- Financial income +€1,459
up €1,459 (+50325.5%), from €3 to €1,462
- Financial charges +€1,265
up €1,265 (+71.6%), from €1,766 to €3,031
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 | €90,046 | €162,996 | +€72,950 | +81.0% |
| Fixed assets | 21/28 | €16,091 | €5,877 | -€10,214 | -63.5% |
| Tangible fixed assets | 22/27 | €14,441 | €4,227 | -€10,214 | -70.7% |
| Plant, machinery and equipment | 23 | €9,641 | €4,227 | -€5,414 | -56.2% |
| Furniture and vehicles | 24 | €4,800 | €0 | -€4,800 | -100.0% |
| Financial fixed assets | 28 | €1,650 | €1,650 | = | 0.0% |
| Current assets | 29/58 | €73,955 | €157,119 | +€83,164 | +112.5% |
| Stocks and contracts in progress | 3 | - | €20,116 | +€20,116 | |
| Stocks | 30/36 | - | €20,116 | +€20,116 | |
| Amounts receivable within one year | 40/41 | €65,816 | €103,000 | +€37,184 | +56.5% |
| Trade receivables | 40 | €65,722 | €54,770 | -€10,952 | -16.7% |
| Other amounts receivable | 41 | €94 | €48,230 | +€48,136 | +51142.8% |
| Cash at bank and in hand | 54/58 | - | €33,902 | +€33,902 | |
| Deferred charges and accrued income | 490/1 | €8,139 | €101 | -€8,037 | -98.8% |
| Total equity and liabilities | 10/49 | €90,046 | €162,996 | +€72,950 | +81.0% |
| Equity | 10/15 | €46,635 | €83,181 | +€36,546 | +78.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €36,635 | €36,635 | = | 0.0% |
| Distributable reserves | 133 | €36,635 | €36,635 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €36,546 | +€36,546 | |
| Amounts payable | 17/49 | €43,411 | €79,815 | +€36,404 | +83.9% |
| Amounts payable within one year | 42/48 | €43,411 | €79,815 | +€36,404 | +83.9% |
| Financial debts | 43 | €2,613 | - | -€2,613 | |
| Credit institutions | 430/8 | €2,613 | - | -€2,613 | |
| Trade debts | 44 | €25,029 | €64,738 | +€39,709 | +158.7% |
| Suppliers | 440/4 | €25,029 | €64,738 | +€39,709 | +158.7% |
| Taxes, remuneration and social security | 45 | €12,333 | €15,077 | +€2,744 | +22.3% |
| Taxes | 450/3 | €12,288 | €15,032 | +€2,744 | +22.3% |
| Remuneration and social security | 454/9 | €44 | €44 | = | 0.0% |
| Other amounts payable | 47/48 | €3,436 | - | -€3,436 | |
| Remuneration, social security and pensions | 62 | -€683 | €5,539 | +€6,222 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,214 | €10,214 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,656 | €1,767 | +€111 | +6.7% |
| Gross operating margin | 9900 | €24,849 | €66,221 | +€41,372 | +166.5% |
| Operating profit (loss) | 9901 | €13,662 | €48,701 | +€35,038 | +256.5% |
| Financial income | 75/76B | €3 | €1,462 | +€1,459 | +50325.5% |
| Recurring financial income | 75 | €3 | €1,462 | +€1,459 | +50325.5% |
| Financial charges | 65/66B | €1,766 | €3,031 | +€1,265 | +71.6% |
| Recurring financial charges | 65 | €1,766 | €3,031 | +€1,265 | +71.6% |
| Profit (loss) for the period before taxes | 9903 | €11,899 | €47,132 | +€35,233 | +296.1% |
| Income taxes | 67/77 | €3,797 | €10,586 | +€6,789 | +178.8% |
| Profit (loss) for the period | 9904 | €8,102 | €36,546 | +€28,444 | +351.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,102 | €36,546 | +€28,444 | +351.1% |
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 10 October 2026 via checked.be.