THE 3HOUSE: 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.
THE 3HOUSE
Largest movements
- Receivables within one year -€19,802
down €19,802 (-93.1%), from €21,272 to €1,470
of which Trade receivables: -€16,522
- Current investments +€6,482
up €6,482 (+34.7%), from €18,662 to €25,144
- Financial fixed assets -€3,707
no longer reported in 2025 (was €3,707)
- Cash +€1,217
up €1,217 (+19.0%), from €6,390 to €7,606
mainly Other debts (+€27,802) and Receivables within one year (+€19,802)
- Tangible fixed assets -€847
down €847 (-44.7%), from €1,896 to €1,049
of which Plant, machinery and equipment: -€623
- Profit (loss) carried forward -€30,854
new in 2025: -€30,854
- Other debts +€27,802
up €27,802 (+286%), from €9,706 to €37,509
- Reserves -€11,161
no longer reported in 2025 (was €11,161)
- Trade debts -€1,945
down €1,945 (-24.4%), from €7,980 to €6,035
- Accrued charges and deferred income -€1,573
no longer reported in 2025 (was €1,573)
- Gross operating margin -€35,259
down €35,259, from €2,557 to -€32,702
- Taxes +€3,448
up €3,448 (+1,379%), from €250 to €3,698
- Financial charges -€2,030
down €2,030 (-38.6%), from €5,253 to €3,223
of which Non-recurring financial charges: -€1,704
- Other operating charges -€647
down €647 (-29.3%), from €2,204 to €1,557
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 | €53,065 | €35,610 | -€17,455 | -32.9% |
| Fixed assets | 21/28 | €5,604 | €1,049 | -€4,554 | -81.3% |
| Tangible fixed assets | 22/27 | €1,896 | €1,049 | -€847 | -44.7% |
| Plant, machinery and equipment | 23 | €1,001 | €378 | -€623 | -62.3% |
| Furniture and vehicles | 24 | €895 | €672 | -€224 | -25.0% |
| Financial fixed assets | 28 | €3,707 | - | -€3,707 | |
| Current assets | 29/58 | €47,461 | €34,560 | -€12,901 | -27.2% |
| Amounts receivable within one year | 40/41 | €21,272 | €1,470 | -€19,802 | -93.1% |
| Trade receivables | 40 | €16,522 | - | -€16,522 | |
| Other amounts receivable | 41 | €4,750 | €1,470 | -€3,280 | -69.1% |
| Current investments | 50/53 | €18,662 | €25,144 | +€6,482 | +34.7% |
| Cash at bank and in hand | 54/58 | €6,390 | €7,606 | +€1,217 | +19.0% |
| Deferred charges and accrued income | 490/1 | €1,138 | €340 | -€798 | -70.1% |
| Total equity and liabilities | 10/49 | €53,065 | €35,610 | -€17,455 | -32.9% |
| Equity | 10/15 | €29,761 | -€12,254 | -€42,015 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,161 | - | -€11,161 | |
| Distributable reserves | 133 | €11,161 | - | -€11,161 | |
| Profit (loss) carried forward | 14 | - | -€30,854 | -€30,854 | |
| Amounts payable | 17/49 | €23,304 | €47,864 | +€24,560 | +105% |
| Amounts payable within one year | 42/48 | €21,732 | €47,864 | +€26,132 | +120% |
| Trade debts | 44 | €7,980 | €6,035 | -€1,945 | -24.4% |
| Suppliers | 440/4 | €7,980 | €6,035 | -€1,945 | -24.4% |
| Taxes, remuneration and social security | 45 | €4,045 | €4,320 | +€275 | +6.8% |
| Taxes | 450/3 | €4,045 | €4,320 | +€275 | +6.8% |
| Other amounts payable | 47/48 | €9,706 | €37,509 | +€27,802 | +286% |
| Accrued charges and deferred income | 492/3 | €1,573 | - | -€1,573 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,127 | €847 | -€280 | -24.8% |
| Other operating charges | 640/8 | €2,204 | €1,557 | -€647 | -29.3% |
| Gross operating margin | 9900 | €2,557 | -€32,702 | -€35,259 | |
| Operating profit (loss) | 9901 | -€774 | -€35,106 | -€34,332 | -4,438% |
| Financial income | 75/76B | €85 | €12 | -€72 | -85.4% |
| Recurring financial income | 75 | €85 | €12 | -€72 | -85.4% |
| Financial charges | 65/66B | €5,253 | €3,223 | -€2,030 | -38.6% |
| Recurring financial charges | 65 | €3,549 | €3,223 | -€326 | -9.2% |
| Non-recurring financial charges | 66B | €1,704 | - | -€1,704 | |
| Profit (loss) for the period before taxes | 9903 | -€5,942 | -€38,317 | -€32,375 | -545% |
| Income taxes | 67/77 | €250 | €3,698 | +€3,448 | +1,379% |
| Profit (loss) for the period | 9904 | -€6,192 | -€42,015 | -€35,823 | -578% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,192 | -€42,015 | -€35,823 | -578% |
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 14 October 2026 via checked.be.