BC3: 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.
BC3
Largest movements
- Cash +€12,917
up €12,917 (+45.5%), from €28,375 to €41,291
mainly Net result for the year (+€13,494) and Receivables within one year (+€2,005)
- Receivables within one year -€2,005
down €2,005 (-6.3%), from €31,639 to €29,634
of which Trade receivables: -€1,997
- Tangible fixed assets -€1,459
down €1,459 (-55.1%), from €2,649 to €1,190
- Reserves +€13,494
up €13,494 (+30.7%), from €43,908 to €57,402
of which Distributable reserves: +€13,494
- Accrued charges and deferred income -€4,500
no longer reported in 2025 (was €4,500)
- Taxes -€17,069
down €17,069 (-86.1%), from €19,833 to €2,764
- Gross operating margin -€11,159
down €11,159 (-36.0%), from €31,015 to €19,856
- Other operating charges -€632
down €632 (-24.5%), from €2,579 to €1,948
- Financial charges -€610
down €610 (-75.9%), from €805 to €194
- Depreciation -€443
down €443 (-23.3%), from €1,903 to €1,459
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 | €63,164 | €72,616 | +€9,452 | +15.0% |
| Fixed assets | 21/28 | €3,149 | €1,690 | -€1,459 | -46.3% |
| Tangible fixed assets | 22/27 | €2,649 | €1,190 | -€1,459 | -55.1% |
| Plant, machinery and equipment | 23 | €2,649 | €1,190 | -€1,459 | -55.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €60,014 | €70,926 | +€10,911 | +18.2% |
| Amounts receivable within one year | 40/41 | €31,639 | €29,634 | -€2,005 | -6.3% |
| Trade receivables | 40 | €22,553 | €20,557 | -€1,997 | -8.9% |
| Other amounts receivable | 41 | €9,086 | €9,078 | -€9 | -0.1% |
| Cash at bank and in hand | 54/58 | €28,375 | €41,291 | +€12,917 | +45.5% |
| Total equity and liabilities | 10/49 | €63,164 | €72,616 | +€9,452 | +15.0% |
| Equity | 10/15 | €56,308 | €69,802 | +€13,494 | +24.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,908 | €57,402 | +€13,494 | +30.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €42,048 | €55,542 | +€13,494 | +32.1% |
| Amounts payable | 17/49 | €6,855 | €2,814 | -€4,042 | -59.0% |
| Amounts payable within one year | 42/48 | €2,355 | €2,814 | +€458 | +19.5% |
| Trade debts | 44 | €178 | €452 | +€274 | +154.0% |
| Suppliers | 440/4 | €178 | €452 | +€274 | +154.0% |
| Taxes, remuneration and social security | 45 | €2,177 | €2,361 | +€184 | +8.5% |
| Taxes | 450/3 | €2,177 | €2,361 | +€184 | +8.5% |
| Accrued charges and deferred income | 492/3 | €4,500 | - | -€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,903 | €1,459 | -€443 | -23.3% |
| Other operating charges | 640/8 | €2,579 | €1,948 | -€632 | -24.5% |
| Gross operating margin | 9900 | €31,015 | €19,856 | -€11,159 | -36.0% |
| Operating profit (loss) | 9901 | €26,533 | €16,449 | -€10,084 | -38.0% |
| Financial income | 75/76B | €3 | €3 | -€0 | -1.0% |
| Recurring financial income | 75 | €3 | €3 | -€0 | -1.0% |
| Financial charges | 65/66B | €805 | €194 | -€610 | -75.9% |
| Recurring financial charges | 65 | €805 | €194 | -€610 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €25,731 | €16,258 | -€9,473 | -36.8% |
| Income taxes | 67/77 | €19,833 | €2,764 | -€17,069 | -86.1% |
| Profit (loss) for the period | 9904 | €5,898 | €13,494 | +€7,595 | +128.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,898 | €13,494 | +€7,595 | +128.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.