B3T: 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.
B3T
Largest movements
- Receivables within one year -€7,578
down €7,578 (-51.4%), from €14,754 to €7,176
of which Trade receivables: -€13,770
- Cash -€4,042
down €4,042 (-8.0%), from €50,292 to €46,250
mainly Tax, wage and social debts (-€12,778) and Investment in fixed assets (net) (-€2,754)
- Tangible fixed assets +€2,157
up €2,157 (+187.4%), from €1,151 to €3,308
of which Furniture and vehicles: +€2,420
- Tax, wage and social debts -€12,778
down €12,778 (-82.0%), from €15,576 to €2,798
of which Taxes: -€9,948
- Reserves +€3,216
up €3,216 (+14.5%), from €22,115 to €25,331
- Gross operating margin -€24,652
down €24,652 (-78.0%), from €31,605 to €6,953
- Taxes -€6,131
down €6,131 (-69.9%), from €8,771 to €2,640
- Depreciation +€436
up €436 (+270.8%), from €161 to €597
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 | €67,691 | €58,129 | -€9,562 | -14.1% |
| Fixed assets | 21/28 | €1,151 | €3,308 | +€2,157 | +187.4% |
| Tangible fixed assets | 22/27 | €1,151 | €3,308 | +€2,157 | +187.4% |
| Plant, machinery and equipment | 23 | €1,151 | €888 | -€263 | -22.8% |
| Furniture and vehicles | 24 | - | €2,420 | +€2,420 | |
| Current assets | 29/58 | €66,540 | €54,821 | -€11,719 | -17.6% |
| Amounts receivable within one year | 40/41 | €14,754 | €7,176 | -€7,578 | -51.4% |
| Trade receivables | 40 | €14,754 | €984 | -€13,770 | -93.3% |
| Other amounts receivable | 41 | - | €6,192 | +€6,192 | |
| Cash at bank and in hand | 54/58 | €50,292 | €46,250 | -€4,042 | -8.0% |
| Deferred charges and accrued income | 490/1 | €1,494 | €1,395 | -€99 | -6.6% |
| Total equity and liabilities | 10/49 | €67,691 | €58,129 | -€9,562 | -14.1% |
| Equity | 10/15 | €52,115 | €55,331 | +€3,216 | +6.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €22,115 | €25,331 | +€3,216 | +14.5% |
| Distributable reserves | 133 | €22,115 | €25,331 | +€3,216 | +14.5% |
| Amounts payable | 17/49 | €15,576 | €2,798 | -€12,778 | -82.0% |
| Amounts payable within one year | 42/48 | €15,576 | €2,798 | -€12,778 | -82.0% |
| Taxes, remuneration and social security | 45 | €15,576 | €2,798 | -€12,778 | -82.0% |
| Taxes | 450/3 | €12,746 | €2,798 | -€9,948 | -78.0% |
| Remuneration and social security | 454/9 | €2,830 | - | -€2,830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161 | €597 | +€436 | +270.8% |
| Other operating charges | 640/8 | €310 | €339 | +€29 | +9.4% |
| Gross operating margin | 9900 | €31,605 | €6,953 | -€24,652 | -78.0% |
| Operating profit (loss) | 9901 | €31,134 | €6,017 | -€25,117 | -80.7% |
| Financial charges | 65/66B | €248 | €161 | -€87 | -35.1% |
| Recurring financial charges | 65 | €248 | €161 | -€87 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €30,886 | €5,856 | -€25,030 | -81.0% |
| Income taxes | 67/77 | €8,771 | €2,640 | -€6,131 | -69.9% |
| Profit (loss) for the period | 9904 | €22,115 | €3,216 | -€18,899 | -85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,115 | €3,216 | -€18,899 | -85.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.