Q3 GROUP: 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.
Q3 GROUP
Largest movements
- Receivables within one year -€57,429
down €57,429 (-75.6%), from €75,961 to €18,533
of which Other amounts receivable: -€57,129
- Tangible fixed assets -€13,937
down €13,937 (-59.0%), from €23,631 to €9,694
of which Furniture and vehicles: -€8,800
- Accrued charges and deferred income -€41,000
no longer reported in 2025 (was €41,000)
- Profit (loss) carried forward -€34,888
down €34,888, from €23,716 to -€11,172
- Trade debts +€5,582
up €5,582 (+58.9%), from €9,471 to €15,053
- Gross operating margin -€42,358
down €42,358, from €22,229 to -€20,130
- Depreciation -€1,393
down €1,393 (-9.1%), from €15,330 to €13,937
- Taxes -€682
no longer reported in 2025 (was €682)
- Other operating charges -€498
no longer reported in 2025 (was €498)
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 | €101,329 | €30,272 | -€71,057 | -70.1% |
| Fixed assets | 21/28 | €23,631 | €9,694 | -€13,937 | -59.0% |
| Tangible fixed assets | 22/27 | €23,631 | €9,694 | -€13,937 | -59.0% |
| Plant, machinery and equipment | 23 | €12,484 | €7,347 | -€5,137 | -41.1% |
| Furniture and vehicles | 24 | €11,147 | €2,347 | -€8,800 | -78.9% |
| Current assets | 29/58 | €77,698 | €20,578 | -€57,120 | -73.5% |
| Amounts receivable within one year | 40/41 | €75,961 | €18,533 | -€57,429 | -75.6% |
| Trade receivables | 40 | €18,476 | €18,176 | -€300 | -1.6% |
| Other amounts receivable | 41 | €57,486 | €357 | -€57,129 | -99.4% |
| Cash at bank and in hand | 54/58 | €1,692 | €1,928 | +€236 | +14.0% |
| Deferred charges and accrued income | 490/1 | €45 | €117 | +€72 | +160% |
| Total equity and liabilities | 10/49 | €101,329 | €30,272 | -€71,057 | -70.1% |
| Equity | 10/15 | €49,176 | €14,288 | -€34,888 | -70.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,716 | -€11,172 | -€34,888 | |
| Amounts payable | 17/49 | €52,153 | €15,984 | -€36,169 | -69.4% |
| Amounts payable within one year | 42/48 | €11,153 | €15,984 | +€4,832 | +43.3% |
| Trade debts | 44 | €9,471 | €15,053 | +€5,582 | +58.9% |
| Suppliers | 440/4 | €9,471 | €15,053 | +€5,582 | +58.9% |
| Taxes, remuneration and social security | 45 | €682 | €682 | = | 0.0% |
| Taxes | 450/3 | €682 | €682 | = | 0.0% |
| Other amounts payable | 47/48 | €1,000 | €250 | -€750 | -75.0% |
| Accrued charges and deferred income | 492/3 | €41,000 | - | -€41,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,330 | €13,937 | -€1,393 | -9.1% |
| Other operating charges | 640/8 | €498 | - | -€498 | |
| Gross operating margin | 9900 | €22,229 | -€20,130 | -€42,358 | |
| Operating profit (loss) | 9901 | €6,400 | -€34,066 | -€40,467 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €607 | €822 | +€215 | +35.5% |
| Recurring financial charges | 65 | €607 | €822 | +€215 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €5,794 | -€34,888 | -€40,682 | |
| Income taxes | 67/77 | €682 | - | -€682 | |
| Profit (loss) for the period | 9904 | €5,112 | -€34,888 | -€40,001 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,112 | -€34,888 | -€40,001 |
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 16 October 2026 via checked.be.