GROUP 3R: what changed
Two financial 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.
GROUP 3R
Largest movements
- Receivables within one year +€27,746
up €27,746 (+23.0%), from €120,821 to €148,567
of which Other amounts receivable: +€27,413
- Cash -€7,794
down €7,794 (-55.2%), from €14,108 to €6,314
mainly Receivables within one year (-€27,746) and Investment in fixed assets (net) (-€914)
- Reserves +€15,604
up €15,604 (+18.2%), from €85,957 to €101,560
of which Distributable reserves: +€15,604
- Tax, wage and social debts +€2,662
up €2,662 (+9.4%), from €28,225 to €30,888
- Trade debts +€2,516
up €2,516 (+50.4%), from €4,988 to €7,504
- Gross operating margin -€30,159
down €30,159 (-59.9%), from €50,317 to €20,158
- Taxes -€9,936
down €9,936 (-54.2%), from €18,317 to €8,381
- Financial income +€805
up €805 (+13.2%), from €6,115 to €6,920
- Depreciation -€763
down €763 (-49.3%), from €1,546 to €783
- Other operating charges +€758
up €758 (+53.0%), from €1,429 to €2,186
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.
Derived cash bridge
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 | €136,430 | €157,212 | +€20,782 | +15.2% |
| Fixed assets | 21/28 | €1,501 | €1,631 | +€131 | +8.7% |
| Tangible fixed assets | 22/27 | €1,501 | €1,631 | +€131 | +8.7% |
| Plant, machinery and equipment | 23 | €811 | €458 | -€353 | -43.5% |
| Furniture and vehicles | 24 | €690 | €1,173 | +€483 | +70.1% |
| Current assets | 29/58 | €134,929 | €155,580 | +€20,652 | +15.3% |
| Amounts receivable within one year | 40/41 | €120,821 | €148,567 | +€27,746 | +23.0% |
| Trade receivables | 40 | €7,192 | €7,525 | +€333 | +4.6% |
| Other amounts receivable | 41 | €113,629 | €141,041 | +€27,413 | +24.1% |
| Cash at bank and in hand | 54/58 | €14,108 | €6,314 | -€7,794 | -55.2% |
| Deferred charges and accrued income | 490/1 | - | €700 | +€700 | |
| Total equity and liabilities | 10/49 | €136,430 | €157,212 | +€20,782 | +15.2% |
| Equity | 10/15 | €103,217 | €118,820 | +€15,604 | +15.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €85,957 | €101,560 | +€15,604 | +18.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €84,097 | €99,700 | +€15,604 | +18.6% |
| Profit (loss) carried forward | 14 | €7,260 | €7,260 | = | 0.0% |
| Amounts payable | 17/49 | €33,213 | €38,391 | +€5,179 | +15.6% |
| Amounts payable within one year | 42/48 | €33,213 | €38,391 | +€5,179 | +15.6% |
| Trade debts | 44 | €4,988 | €7,504 | +€2,516 | +50.4% |
| Suppliers | 440/4 | €4,988 | €7,504 | +€2,516 | +50.4% |
| Taxes, remuneration and social security | 45 | €28,225 | €30,888 | +€2,662 | +9.4% |
| Taxes | 450/3 | €28,225 | €30,888 | +€2,662 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,546 | €783 | -€763 | -49.3% |
| Other operating charges | 640/8 | €1,429 | €2,186 | +€758 | +53.0% |
| Gross operating margin | 9900 | €50,317 | €20,158 | -€30,159 | -59.9% |
| Operating profit (loss) | 9901 | €47,342 | €17,189 | -€30,154 | -63.7% |
| Financial income | 75/76B | €6,115 | €6,920 | +€805 | +13.2% |
| Recurring financial income | 75 | €6,115 | €6,920 | +€805 | +13.2% |
| Financial charges | 65/66B | €49 | €125 | +€76 | +155% |
| Recurring financial charges | 65 | €49 | €125 | +€76 | +155% |
| Profit (loss) for the period before taxes | 9903 | €53,409 | €23,984 | -€29,424 | -55.1% |
| Income taxes | 67/77 | €18,317 | €8,381 | -€9,936 | -54.2% |
| Profit (loss) for the period | 9904 | €35,092 | €15,604 | -€19,488 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,092 | €15,604 | -€19,488 | -55.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.