J. 3: 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.
J. 3
Largest movements
- Receivables within one year +€20,259
new in 2025: €20,259
of which Trade receivables: +€13,198
- Stocks and contracts -€10,423
down €10,423 (-27.8%), from €37,443 to €27,020
- Cash -€1,075
down €1,075 (-51.9%), from €2,073 to €998
mainly Receivables within one year (-€20,259) and Trade debts (-€7,532)
- Profit (loss) carried forward +€9,605
up €9,605 (+10.6%), from -€90,421 to -€80,816
- Trade debts -€7,532
no longer reported in 2025 (was €7,532)
- Tax, wage and social debts +€3,855
up €3,855 (+7.1%), from €54,215 to €58,070
of which Remuneration and social security: +€7,082
- Other debts +€2,500
up €2,500 (+76.5%), from €3,269 to €5,769
- Turnover -€13,191
down €13,191 (-12.6%), from €104,593 to €91,402
- Purchases and services -€9,630
down €9,630 (-14.5%), from €66,545 to €56,915
- Staff costs -€9,104
down €9,104 (-25.9%), from €35,158 to €26,054
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 | €40,616 | €49,377 | +€8,761 | +21.6% |
| Current assets | 29/58 | €40,616 | €49,377 | +€8,761 | +21.6% |
| Stocks and contracts in progress | 3 | €37,443 | €27,020 | -€10,423 | -27.8% |
| Stocks | 30/36 | €37,443 | €27,020 | -€10,423 | -27.8% |
| Amounts receivable within one year | 40/41 | - | €20,259 | +€20,259 | |
| Trade receivables | 40 | - | €13,198 | +€13,198 | |
| Other amounts receivable | 41 | - | €7,061 | +€7,061 | |
| Cash at bank and in hand | 54/58 | €2,073 | €998 | -€1,075 | -51.9% |
| Deferred charges and accrued income | 490/1 | €1,100 | €1,100 | = | 0.0% |
| Total equity and liabilities | 10/49 | €40,616 | €49,377 | +€8,761 | +21.6% |
| Equity | 10/15 | -€46,419 | -€36,814 | +€9,605 | +20.7% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €13,015 | €13,015 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €9,916 | €9,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,421 | -€80,816 | +€9,605 | +10.6% |
| Amounts payable | 17/49 | €87,035 | €86,191 | -€844 | -1.0% |
| Amounts payable within one year | 42/48 | €87,035 | €86,191 | -€844 | -1.0% |
| Financial debts | 43 | €22,019 | €22,352 | +€333 | +1.5% |
| Credit institutions | 430/8 | €22,019 | €22,352 | +€333 | +1.5% |
| Trade debts | 44 | €7,532 | - | -€7,532 | |
| Suppliers | 440/4 | €7,532 | - | -€7,532 | |
| Taxes, remuneration and social security | 45 | €54,215 | €58,070 | +€3,855 | +7.1% |
| Taxes | 450/3 | €6,791 | €3,564 | -€3,227 | -47.5% |
| Remuneration and social security | 454/9 | €47,424 | €54,506 | +€7,082 | +14.9% |
| Other amounts payable | 47/48 | €3,269 | €5,769 | +€2,500 | +76.5% |
| Turnover | 70 | €104,593 | €91,402 | -€13,191 | -12.6% |
| Non-recurring operating income | 76A | - | €4,291 | +€4,291 | |
| Goods, raw materials, services and sundry goods | 60/61 | €66,545 | €56,915 | -€9,630 | -14.5% |
| Remuneration, social security and pensions | 62 | €35,158 | €26,054 | -€9,104 | -25.9% |
| Other operating charges | 640/8 | €558 | - | -€558 | |
| Gross operating margin | 9900 | €38,083 | €38,778 | +€695 | +1.8% |
| Operating profit (loss) | 9901 | €2,367 | €12,724 | +€10,357 | +437.6% |
| Financial income | 75/76B | €607 | - | -€607 | |
| Recurring financial income | 75 | €607 | - | -€607 | |
| Financial charges | 65/66B | €2,940 | €3,119 | +€179 | +6.1% |
| Recurring financial charges | 65 | €2,940 | €3,119 | +€179 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €34 | €9,605 | +€9,571 | +28150.0% |
| Profit (loss) for the period | 9904 | €34 | €9,605 | +€9,571 | +28150.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34 | €9,605 | +€9,571 | +28150.0% |
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 8 October 2026 via checked.be.