L3C: 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.
L3C
Largest movements
- Cash +€500,802
up €500,802 (+113%), from €441,711 to €942,513
mainly Net result for the year (+€844,640)
- Receivables within one year +€43,355
up €43,355 (+1,558%), from €2,783 to €46,137
of which Trade receivables: +€43,355
- Profit (loss) carried forward +€844,640
up €844,640 (+1,071%), from €78,899 to €923,539
- Other debts -€300,040
down €300,040 (-42.5%), from €706,552 to €406,512
- Financial income +€817,040
new in 2026: €817,040
- Gross operating margin +€17,949
up €17,949 (+175%), from €10,261 to €28,211
- Financial charges -€711
down €711 (-53.8%), from €1,322 to €611
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,224,494 | €3,768,651 | +€544,157 | +16.9% |
| Fixed assets | 21/28 | €2,780,000 | €2,780,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,780,000 | €2,780,000 | = | 0.0% |
| Current assets | 29/58 | €444,494 | €988,651 | +€544,157 | +122% |
| Amounts receivable within one year | 40/41 | €2,783 | €46,137 | +€43,355 | +1,558% |
| Trade receivables | 40 | €197 | €43,552 | +€43,355 | +21,955% |
| Other amounts receivable | 41 | €2,585 | €2,585 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €441,711 | €942,513 | +€500,802 | +113% |
| Total equity and liabilities | 10/49 | €3,224,494 | €3,768,651 | +€544,157 | +16.9% |
| Equity | 10/15 | €2,517,499 | €3,362,139 | +€844,640 | +33.6% |
| Contributions | 10/11 | €2,438,600 | €2,438,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,899 | €923,539 | +€844,640 | +1,071% |
| Amounts payable | 17/49 | €706,994 | €406,512 | -€300,483 | -42.5% |
| Amounts payable within one year | 42/48 | €706,994 | €406,512 | -€300,483 | -42.5% |
| Trade debts | 44 | €442 | - | -€442 | |
| Suppliers | 440/4 | €442 | - | -€442 | |
| Other amounts payable | 47/48 | €706,552 | €406,512 | -€300,040 | -42.5% |
| Gross operating margin | 9900 | €10,261 | €28,211 | +€17,949 | +175% |
| Operating profit (loss) | 9901 | €10,261 | €28,211 | +€17,949 | +175% |
| Financial income | 75/76B | - | €817,040 | +€817,040 | |
| Recurring financial income | 75 | - | €817,040 | +€817,040 | |
| Financial charges | 65/66B | €1,322 | €611 | -€711 | -53.8% |
| Recurring financial charges | 65 | €1,322 | €611 | -€711 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €8,939 | €844,640 | +€835,701 | +9,349% |
| Profit (loss) for the period | 9904 | €8,939 | €844,640 | +€835,701 | +9,349% |
| Profit (loss) for the period to be appropriated | 9905 | €8,939 | €844,640 | +€835,701 | +9,349% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.