G3: 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.
G3
Largest movements
- Cash -€7,887
down €7,887 (-32.8%), from €24,019 to €16,132
mainly Net result for the year (-€11,620) and Trade debts (-€1,870)
- Receivables within one year -€4,342
down €4,342 (-36.9%), from €11,763 to €7,421
of which Trade receivables: -€4,583
- Tangible fixed assets -€1,261
down €1,261 (-95.5%), from €1,320 to €59
of which Plant, machinery and equipment: -€1,253
- Profit (loss) carried forward -€11,620
new in 2025: -€11,620
- Trade debts -€1,870
down €1,870 (-100.0%), from €1,870 to €0
- Gross operating margin -€11,748
down €11,748, from €4,891 to -€6,857
- Write-downs +€3,294
new in 2025: €3,294
- Taxes -€551
no longer reported in 2025 (was €551)
- Depreciation -€405
down €405 (-24.3%), from €1,665 to €1,261
- Staff costs -€387
no longer reported in 2025 (was €387)
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 | €37,102 | €23,612 | -€13,490 | -36.4% |
| Fixed assets | 21/28 | €1,320 | €59 | -€1,261 | -95.5% |
| Tangible fixed assets | 22/27 | €1,320 | €59 | -€1,261 | -95.5% |
| Plant, machinery and equipment | 23 | €1,312 | €59 | -€1,253 | -95.5% |
| Furniture and vehicles | 24 | €8 | €0 | -€8 | -100.0% |
| Current assets | 29/58 | €35,782 | €23,552 | -€12,230 | -34.2% |
| Amounts receivable within one year | 40/41 | €11,763 | €7,421 | -€4,342 | -36.9% |
| Trade receivables | 40 | €4,594 | €11 | -€4,583 | -99.8% |
| Other amounts receivable | 41 | €7,169 | €7,410 | +€241 | +3.4% |
| Cash at bank and in hand | 54/58 | €24,019 | €16,132 | -€7,887 | -32.8% |
| Total equity and liabilities | 10/49 | €37,102 | €23,612 | -€13,490 | -36.4% |
| Equity | 10/15 | €34,681 | €23,061 | -€11,620 | -33.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €29,681 | €29,681 | = | 0.0% |
| Distributable reserves | 133 | €29,681 | €29,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€11,620 | -€11,620 | |
| Amounts payable | 17/49 | €2,421 | €551 | -€1,870 | -77.2% |
| Amounts payable within one year | 42/48 | €2,421 | €551 | -€1,870 | -77.2% |
| Trade debts | 44 | €1,870 | €0 | -€1,870 | -100.0% |
| Suppliers | 440/4 | €1,870 | €0 | -€1,870 | -100.0% |
| Taxes, remuneration and social security | 45 | €551 | €551 | = | 0.0% |
| Taxes | 450/3 | €551 | €551 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,665 | €1,261 | -€405 | -24.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,294 | +€3,294 | |
| Other operating charges | 640/8 | €64 | €276 | +€212 | +332.1% |
| Gross operating margin | 9900 | €4,891 | -€6,857 | -€11,748 | |
| Operating profit (loss) | 9901 | €2,774 | -€11,688 | -€14,462 | |
| Financial income | 75/76B | - | €128 | +€128 | |
| Recurring financial income | 75 | - | €128 | +€128 | |
| Financial charges | 65/66B | €20 | €60 | +€40 | +207.6% |
| Recurring financial charges | 65 | €20 | €60 | +€40 | +207.6% |
| Profit (loss) for the period before taxes | 9903 | €2,755 | -€11,620 | -€14,375 | |
| Income taxes | 67/77 | €551 | - | -€551 | |
| Profit (loss) for the period | 9904 | €2,204 | -€11,620 | -€13,824 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,204 | -€11,620 | -€13,824 |
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.