LES TROIS T: 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.
LES TROIS T
Largest movements
- Cash -€10,306
down €10,306 (-23.8%), from €43,341 to €33,035
mainly Net result for the year (-€22,909) and Investment in fixed assets (net) (-€4,425)
- Intangible fixed assets -€1,800
down €1,800 (-50.0%), from €3,600 to €1,800
- Profit (loss) carried forward -€22,909
down €22,909 (-747%), from -€3,065 to -€25,975
- Tax, wage and social debts +€8,836
up €8,836 (+36.3%), from €24,373 to €33,209
of which Remuneration and social security: +€9,377
- Trade debts +€2,309
up €2,309 (+3,239%), from €71 to €2,380
- Staff costs +€18,376
up €18,376 (+13.5%), from €136,140 to €154,515
- Gross operating margin -€3,501
down €3,501 (-2.3%), from €153,500 to €149,998
- Other operating charges +€1,877
up €1,877 (+73.1%), from €2,568 to €4,446
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 | €93,204 | €81,304 | -€11,901 | -12.8% |
| Fixed assets | 21/28 | €33,995 | €31,555 | -€2,440 | -7.2% |
| Intangible fixed assets | 21 | €3,600 | €1,800 | -€1,800 | -50.0% |
| Tangible fixed assets | 22/27 | €11,479 | €10,839 | -€640 | -5.6% |
| Plant, machinery and equipment | 23 | €4,537 | €2,820 | -€1,717 | -37.8% |
| Furniture and vehicles | 24 | €42 | €1,398 | +€1,356 | +3,206% |
| Other tangible fixed assets | 26 | €6,901 | €6,621 | -€279 | -4.0% |
| Financial fixed assets | 28 | €18,916 | €18,916 | = | 0.0% |
| Current assets | 29/58 | €59,209 | €49,749 | -€9,460 | -16.0% |
| Stocks and contracts in progress | 3 | €10,417 | €10,417 | = | 0.0% |
| Stocks | 30/36 | €10,417 | €10,417 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,341 | €33,035 | -€10,306 | -23.8% |
| Deferred charges and accrued income | 490/1 | €5,451 | €6,297 | +€846 | +15.5% |
| Total equity and liabilities | 10/49 | €93,204 | €81,304 | -€11,901 | -12.8% |
| Equity | 10/15 | €32,943 | €10,033 | -€22,909 | -69.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,408 | €17,408 | = | 0.0% |
| Distributable reserves | 133 | €17,408 | €17,408 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,065 | -€25,975 | -€22,909 | -747% |
| Amounts payable | 17/49 | €60,262 | €71,271 | +€11,009 | +18.3% |
| Amounts payable within one year | 42/48 | €60,262 | €71,271 | +€11,009 | +18.3% |
| Trade debts | 44 | €71 | €2,380 | +€2,309 | +3,239% |
| Suppliers | 440/4 | €71 | €2,380 | +€2,309 | +3,239% |
| Taxes, remuneration and social security | 45 | €24,373 | €33,209 | +€8,836 | +36.3% |
| Taxes | 450/3 | €8,614 | €8,072 | -€542 | -6.3% |
| Remuneration and social security | 454/9 | €15,760 | €25,137 | +€9,377 | +59.5% |
| Other amounts payable | 47/48 | €35,817 | €35,681 | -€136 | -0.4% |
| Remuneration, social security and pensions | 62 | €136,140 | €154,515 | +€18,376 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,768 | €6,865 | +€97 | +1.4% |
| Other operating charges | 640/8 | €2,568 | €4,446 | +€1,877 | +73.1% |
| Gross operating margin | 9900 | €153,500 | €149,998 | -€3,501 | -2.3% |
| Operating profit (loss) | 9901 | €8,024 | -€15,827 | -€23,851 | |
| Financial income | 75/76B | €156 | €82 | -€74 | -47.4% |
| Recurring financial income | 75 | €156 | €82 | -€74 | -47.4% |
| Financial charges | 65/66B | €6,811 | €7,025 | +€213 | +3.1% |
| Recurring financial charges | 65 | €6,811 | €7,025 | +€213 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €1,369 | -€22,770 | -€24,139 | |
| Income taxes | 67/77 | €136 | €139 | +€4 | +2.7% |
| Profit (loss) for the period | 9904 | €1,233 | -€22,909 | -€24,142 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,233 | -€22,909 | -€24,142 |
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 26 October 2026 via checked.be.