A3 VENTURES: 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 VENTURES
Largest movements
- Receivables within one year -€244,770
down €244,770 (-41.1%), from €595,616 to €350,846
of which Trade receivables: -€246,602
- Cash +€37,969
up €37,969 (+426%), from €8,919 to €46,888
mainly Receivables within one year (+€244,770) and Investment in fixed assets (net) (+€25,000)
- Financial fixed assets -€25,000
down €25,000 (-45.4%), from €55,051 to €30,051
- Trade debts -€213,939
down €213,939 (-78.5%), from €272,419 to €58,480
- Profit (loss) carried forward -€17,388
down €17,388 (-5.8%), from €300,773 to €283,385
- Financial income -€188,824
down €188,824 (-100%), from €188,824 to €0
- Financial charges +€25,284
up €25,284 (+58,258%), from €43 to €25,327
of which Non-recurring financial charges: +€25,000
- Gross operating margin -€15,951
down €15,951 (-58.7%), from €27,157 to €11,206
- Taxes -€6,794
down €6,794 (-71.0%), from €9,564 to €2,771
- Other operating charges -€334
down €334 (-40.3%), from €830 to €496
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 | €659,586 | €427,785 | -€231,801 | -35.1% |
| Fixed assets | 21/28 | €55,051 | €30,051 | -€25,000 | -45.4% |
| Financial fixed assets | 28 | €55,051 | €30,051 | -€25,000 | -45.4% |
| Current assets | 29/58 | €604,535 | €397,734 | -€206,801 | -34.2% |
| Amounts receivable within one year | 40/41 | €595,616 | €350,846 | -€244,770 | -41.1% |
| Trade receivables | 40 | €302,868 | €56,266 | -€246,602 | -81.4% |
| Other amounts receivable | 41 | €292,748 | €294,580 | +€1,832 | +0.6% |
| Cash at bank and in hand | 54/58 | €8,919 | €46,888 | +€37,969 | +426% |
| Total equity and liabilities | 10/49 | €659,586 | €427,785 | -€231,801 | -35.1% |
| Equity | 10/15 | €321,233 | €303,845 | -€17,388 | -5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €0 | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €300,773 | €283,385 | -€17,388 | -5.8% |
| Amounts payable | 17/49 | €338,353 | €123,940 | -€214,413 | -63.4% |
| Amounts payable within one year | 42/48 | €338,353 | €123,940 | -€214,413 | -63.4% |
| Trade debts | 44 | €272,419 | €58,480 | -€213,939 | -78.5% |
| Suppliers | 440/4 | €272,419 | €58,480 | -€213,939 | -78.5% |
| Taxes, remuneration and social security | 45 | €7,189 | €9,960 | +€2,771 | +38.5% |
| Taxes | 450/3 | €7,189 | €9,960 | +€2,771 | +38.5% |
| Other amounts payable | 47/48 | €58,745 | €55,500 | -€3,245 | -5.5% |
| Other operating charges | 640/8 | €830 | €496 | -€334 | -40.3% |
| Gross operating margin | 9900 | €27,157 | €11,206 | -€15,951 | -58.7% |
| Operating profit (loss) | 9901 | €26,327 | €10,710 | -€15,617 | -59.3% |
| Financial income | 75/76B | €188,824 | €0 | -€188,824 | -100% |
| Recurring financial income | 75 | €188,824 | €0 | -€188,824 | -100% |
| Financial charges | 65/66B | €43 | €25,327 | +€25,284 | +58,258% |
| Recurring financial charges | 65 | €43 | €327 | +€284 | +654% |
| Non-recurring financial charges | 66B | - | €25,000 | +€25,000 | |
| Profit (loss) for the period before taxes | 9903 | €215,107 | -€14,617 | -€229,724 | |
| Income taxes | 67/77 | €9,564 | €2,771 | -€6,794 | -71.0% |
| Profit (loss) for the period | 9904 | €205,542 | -€17,388 | -€222,930 | |
| Profit (loss) for the period to be appropriated | 9905 | €205,542 | -€17,388 | -€222,930 |
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.