DREAM THREE: 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.
DREAM THREE
Largest movements
- Tangible fixed assets -€8,406
down €8,406 (-4.5%), from €187,225 to €178,819
- Cash -€4,251
down €4,251 (-75.6%), from €5,622 to €1,371
mainly Debts after one year (-€18,487) and Deferred charges and accrued income (-€655)
- Debts after one year -€18,487
down €18,487 (-36.7%), from €50,400 to €31,913
- Profit (loss) carried forward +€6,612
up €6,612 (+8.1%), from €81,779 to €88,391
- Financial charges -€704
down €704 (-20.1%), from €3,499 to €2,795
- Gross operating margin -€503
down €503 (-2.4%), from €20,958 to €20,455
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 | €220,053 | €208,052 | -€12,002 | -5.5% |
| Fixed assets | 21/28 | €187,225 | €178,819 | -€8,406 | -4.5% |
| Tangible fixed assets | 22/27 | €187,225 | €178,819 | -€8,406 | -4.5% |
| Land and buildings | 22 | €187,225 | €178,819 | -€8,406 | -4.5% |
| Current assets | 29/58 | €32,828 | €29,233 | -€3,596 | -11.0% |
| Amounts receivable within one year | 40/41 | €27,206 | €27,206 | = | 0.0% |
| Other amounts receivable | 41 | €27,206 | €27,206 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,622 | €1,371 | -€4,251 | -75.6% |
| Deferred charges and accrued income | 490/1 | - | €655 | +€655 | |
| Total equity and liabilities | 10/49 | €220,053 | €208,052 | -€12,002 | -5.5% |
| Equity | 10/15 | €150,419 | €157,031 | +€6,612 | +4.4% |
| Contributions | 10/11 | €62,400 | €62,400 | = | 0.0% |
| Capital | 10 | €62,400 | €62,400 | = | 0.0% |
| Issued capital | 100 | €62,400 | €62,400 | = | 0.0% |
| Reserves | 13 | €6,240 | €6,240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,240 | €6,240 | = | 0.0% |
| Legal reserve | 130 | €6,240 | €6,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,779 | €88,391 | +€6,612 | +8.1% |
| Amounts payable | 17/49 | €69,634 | €51,020 | -€18,614 | -26.7% |
| Amounts payable after more than one year | 17 | €50,400 | €31,913 | -€18,487 | -36.7% |
| Financial debts | 170/4 | €50,400 | €31,913 | -€18,487 | -36.7% |
| Amounts payable within one year | 42/48 | €19,020 | €19,107 | +€88 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €18,946 | €18,523 | -€423 | -2.2% |
| Trade debts | 44 | €74 | €292 | +€218 | +297.2% |
| Suppliers | 440/4 | €74 | €292 | +€218 | +297.2% |
| Other amounts payable | 47/48 | - | €292 | +€292 | |
| Accrued charges and deferred income | 492/3 | €215 | €0 | -€215 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,464 | €8,406 | -€58 | -0.7% |
| Other operating charges | 640/8 | €2,560 | €2,641 | +€81 | +3.2% |
| Gross operating margin | 9900 | €20,958 | €20,455 | -€503 | -2.4% |
| Operating profit (loss) | 9901 | €9,934 | €9,407 | -€527 | -5.3% |
| Financial charges | 65/66B | €3,499 | €2,795 | -€704 | -20.1% |
| Recurring financial charges | 65 | €3,499 | €2,795 | -€704 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €6,435 | €6,612 | +€177 | +2.8% |
| Profit (loss) for the period | 9904 | €6,435 | €6,612 | +€177 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,435 | €6,612 | +€177 | +2.8% |
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 4 October 2026 via checked.be.