" E3P ": 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.
" E3P "
Largest movements
- Stocks and contracts +€12,829
up €12,829 (+143.0%), from €8,970 to €21,799
- Receivables within one year -€9,773
down €9,773 (-61.2%), from €15,968 to €6,195
of which Trade receivables: -€10,551
- Cash +€9,691
up €9,691 (+25.1%), from €38,644 to €48,335
mainly Receivables within one year (+€9,773) and Net result for the year (+€5,070)
- Reserves +€5,000
up €5,000 (+12.7%), from €39,400 to €44,400
- Tax, wage and social debts +€4,411
up €4,411 (+158.6%), from €2,782 to €7,193
- Trade debts +€4,148
up €4,148 (+844.9%), from €491 to €4,638
- Other debts -€882
down €882 (-31.9%), from €2,762 to €1,881
- Gross operating margin -€1,540
down €1,540 (-16.2%), from €9,527 to €7,988
- Taxes -€460
down €460 (-17.1%), from €2,681 to €2,222
- Financial charges +€141
up €141 (+90.4%), from €156 to €296
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 | €63,582 | €76,329 | +€12,747 | +20.0% |
| Current assets | 29/58 | €63,582 | €76,329 | +€12,747 | +20.0% |
| Stocks and contracts in progress | 3 | €8,970 | €21,799 | +€12,829 | +143.0% |
| Stocks | 30/36 | €8,970 | €21,799 | +€12,829 | +143.0% |
| Amounts receivable within one year | 40/41 | €15,968 | €6,195 | -€9,773 | -61.2% |
| Trade receivables | 40 | €15,673 | €5,122 | -€10,551 | -67.3% |
| Other amounts receivable | 41 | €295 | €1,073 | +€778 | +263.8% |
| Cash at bank and in hand | 54/58 | €38,644 | €48,335 | +€9,691 | +25.1% |
| Total equity and liabilities | 10/49 | €63,582 | €76,329 | +€12,747 | +20.0% |
| Equity | 10/15 | €57,546 | €62,617 | +€5,070 | +8.8% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €39,400 | €44,400 | +€5,000 | +12.7% |
| Distributable reserves | 133 | €39,400 | €44,400 | +€5,000 | +12.7% |
| Profit (loss) carried forward | 14 | €146 | €217 | +€70 | +47.8% |
| Amounts payable | 17/49 | €6,035 | €13,712 | +€7,677 | +127.2% |
| Amounts payable within one year | 42/48 | €6,035 | €13,712 | +€7,677 | +127.2% |
| Trade debts | 44 | €491 | €4,638 | +€4,148 | +844.9% |
| Suppliers | 440/4 | €491 | €4,638 | +€4,148 | +844.9% |
| Taxes, remuneration and social security | 45 | €2,782 | €7,193 | +€4,411 | +158.6% |
| Taxes | 450/3 | €2,782 | €7,193 | +€4,411 | +158.6% |
| Other amounts payable | 47/48 | €2,762 | €1,881 | -€882 | -31.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €9,527 | €7,988 | -€1,540 | -16.2% |
| Operating profit (loss) | 9901 | €9,140 | €7,588 | -€1,552 | -17.0% |
| Financial income | 75/76B | €53 | - | -€53 | |
| Recurring financial income | 75 | €53 | - | -€53 | |
| Financial charges | 65/66B | €156 | €296 | +€141 | +90.4% |
| Recurring financial charges | 65 | €156 | €296 | +€141 | +90.4% |
| Profit (loss) for the period before taxes | 9903 | €9,037 | €7,292 | -€1,745 | -19.3% |
| Income taxes | 67/77 | €2,681 | €2,222 | -€460 | -17.1% |
| Profit (loss) for the period | 9904 | €6,356 | €5,070 | -€1,286 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,356 | €5,070 | -€1,286 | -20.2% |
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 3 October 2026 via checked.be.