A3-S&S: 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-S&S
Largest movements
- Cash +€96,828
up €96,828 (+198%), from €48,960 to €145,788
mainly Net result for the year (+€81,187) and Tax, wage and social debts (+€22,264)
- Receivables within one year +€6,710
up €6,710 (+39.2%), from €17,105 to €23,815
of which Other amounts receivable: +€5,500
- Reserves +€81,187
up €81,187 (+189%), from €42,908 to €124,095
- Tax, wage and social debts +€22,264
up €22,264 (+114%), from €19,461 to €41,725
- Gross operating margin +€49,360
up €49,360 (+91.2%), from €54,147 to €103,507
- Taxes +€10,633
up €10,633 (+96.7%), from €10,992 to €21,626
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 | €67,822 | €171,163 | +€103,341 | +152% |
| Fixed assets | 21/28 | €1,733 | €1,079 | -€654 | -37.7% |
| Tangible fixed assets | 22/27 | €1,733 | €1,079 | -€654 | -37.7% |
| Plant, machinery and equipment | 23 | €1,733 | €1,079 | -€654 | -37.7% |
| Current assets | 29/58 | €66,089 | €170,084 | +€103,995 | +157% |
| Amounts receivable within one year | 40/41 | €17,105 | €23,815 | +€6,710 | +39.2% |
| Trade receivables | 40 | €16,940 | €18,150 | +€1,210 | +7.1% |
| Other amounts receivable | 41 | €165 | €5,665 | +€5,500 | +3,326% |
| Cash at bank and in hand | 54/58 | €48,960 | €145,788 | +€96,828 | +198% |
| Deferred charges and accrued income | 490/1 | €24 | €480 | +€457 | +1,942% |
| Total equity and liabilities | 10/49 | €67,822 | €171,163 | +€103,341 | +152% |
| Equity | 10/15 | €45,908 | €127,095 | +€81,187 | +177% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,908 | €124,095 | +€81,187 | +189% |
| Distributable reserves | 133 | €42,908 | €124,095 | +€81,187 | +189% |
| Amounts payable | 17/49 | €21,914 | €44,068 | +€22,153 | +101% |
| Amounts payable within one year | 42/48 | €21,914 | €44,068 | +€22,153 | +101% |
| Trade debts | 44 | €2,454 | €2,343 | -€111 | -4.5% |
| Suppliers | 440/4 | €2,454 | €2,343 | -€111 | -4.5% |
| Taxes, remuneration and social security | 45 | €19,461 | €41,725 | +€22,264 | +114% |
| Taxes | 450/3 | €19,461 | €41,725 | +€22,264 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €228 | €654 | +€426 | +186% |
| Gross operating margin | 9900 | €54,147 | €103,507 | +€49,360 | +91.2% |
| Operating profit (loss) | 9901 | €53,919 | €102,854 | +€48,935 | +90.8% |
| Financial charges | 65/66B | €19 | €40 | +€22 | +115% |
| Recurring financial charges | 65 | €19 | €40 | +€22 | +115% |
| Profit (loss) for the period before taxes | 9903 | €53,900 | €102,813 | +€48,913 | +90.7% |
| Income taxes | 67/77 | €10,992 | €21,626 | +€10,633 | +96.7% |
| Profit (loss) for the period | 9904 | €42,908 | €81,187 | +€38,280 | +89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,908 | €81,187 | +€38,280 | +89.2% |
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 14 October 2026 via checked.be.