Place3B: 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.
Place3B
Largest movements
- Receivables within one year +€33,336
up €33,336 (+13.9%), from €239,246 to €272,582
- Tangible fixed assets -€20,205
down €20,205 (-5.5%), from €369,844 to €349,639
- Reserves +€20,314
up €20,314 (+3.9%), from €526,473 to €546,787
of which Distributable reserves: +€20,314
- Tax, wage and social debts -€7,001
down €7,001 (-93.1%), from €7,522 to €521
- Taxes +€11,434
up €11,434 (+152.0%), from €7,522 to €18,956
- Gross operating margin +€7,933
up €7,933 (+15.9%), from €49,908 to €57,841
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 | €610,513 | €623,826 | +€13,313 | +2.2% |
| Fixed assets | 21/28 | €369,844 | €349,639 | -€20,205 | -5.5% |
| Tangible fixed assets | 22/27 | €369,844 | €349,639 | -€20,205 | -5.5% |
| Land and buildings | 22 | €369,844 | €349,639 | -€20,205 | -5.5% |
| Current assets | 29/58 | €240,670 | €274,188 | +€33,518 | +13.9% |
| Amounts receivable within one year | 40/41 | €239,246 | €272,582 | +€33,336 | +13.9% |
| Other amounts receivable | 41 | €239,246 | €272,582 | +€33,336 | +13.9% |
| Cash at bank and in hand | 54/58 | €1,424 | €1,606 | +€182 | +12.8% |
| Total equity and liabilities | 10/49 | €610,513 | €623,826 | +€13,313 | +2.2% |
| Equity | 10/15 | €602,991 | €623,305 | +€20,314 | +3.4% |
| Contributions | 10/11 | €76,518 | €76,518 | = | 0.0% |
| Reserves | 13 | €526,473 | €546,787 | +€20,314 | +3.9% |
| Tax-exempt reserves | 132 | €17,763 | €17,763 | = | 0.0% |
| Distributable reserves | 133 | €508,710 | €529,025 | +€20,314 | +4.0% |
| Amounts payable | 17/49 | €7,522 | €521 | -€7,001 | -93.1% |
| Amounts payable within one year | 42/48 | €7,522 | €521 | -€7,001 | -93.1% |
| Taxes, remuneration and social security | 45 | €7,522 | €521 | -€7,001 | -93.1% |
| Taxes | 450/3 | €7,522 | €521 | -€7,001 | -93.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €7,528 | +€7,528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,205 | €20,205 | = | 0.0% |
| Other operating charges | 640/8 | €1,820 | €1,876 | +€57 | +3.1% |
| Gross operating margin | 9900 | €49,908 | €57,841 | +€7,933 | +15.9% |
| Operating profit (loss) | 9901 | €27,884 | €35,760 | +€7,876 | +28.2% |
| Financial income | 75/76B | €4,282 | €3,836 | -€446 | -10.4% |
| Recurring financial income | 75 | €4,282 | €3,836 | -€446 | -10.4% |
| Financial charges | 65/66B | €266 | €325 | +€59 | +22.2% |
| Recurring financial charges | 65 | €266 | €325 | +€59 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €31,900 | €39,270 | +€7,371 | +23.1% |
| Income taxes | 67/77 | €7,522 | €18,956 | +€11,434 | +152.0% |
| Profit (loss) for the period | 9904 | €24,378 | €20,314 | -€4,063 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,378 | €20,314 | -€4,063 | -16.7% |
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 5 October 2026 via checked.be.