The3P’s: 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.
The3P’s
Largest movements
- Tangible fixed assets +€939
new in 2025: €939
- Receivables within one year -€810
down €810 (-26.7%), from €3,035 to €2,226
of which Other amounts receivable: -€810
- Tax, wage and social debts +€8,018
up €8,018 (+89.5%), from €8,954 to €16,971
of which Taxes: +€14,010
- Accrued charges and deferred income -€4,706
down €4,706 (-76.1%), from €6,188 to €1,482
- Trade debts -€2,177
no longer reported in 2025 (was €2,177)
- Other debts -€2,000
no longer reported in 2025 (was €2,000)
- Profit (loss) carried forward +€1,247
up €1,247 (+36.1%), from €3,454 to €4,700
- Gross operating margin -€16,089
down €16,089 (-22.5%), from €71,441 to €55,352
- Staff costs -€2,171
down €2,171 (-4.0%), from €54,410 to €52,239
- Taxes +€985
new in 2025: €985
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 | €28,972 | €29,353 | +€381 | +1.3% |
| Fixed assets | 21/28 | - | €939 | +€939 | |
| Tangible fixed assets | 22/27 | - | €939 | +€939 | |
| Furniture and vehicles | 24 | - | €939 | +€939 | |
| Current assets | 29/58 | €28,972 | €28,414 | -€558 | -1.9% |
| Amounts receivable within one year | 40/41 | €3,035 | €2,226 | -€810 | -26.7% |
| Trade receivables | 40 | - | €0 | +€0 | |
| Other amounts receivable | 41 | €3,035 | €2,226 | -€810 | -26.7% |
| Cash at bank and in hand | 54/58 | €25,937 | €26,188 | +€251 | +1.0% |
| Total equity and liabilities | 10/49 | €28,972 | €29,353 | +€381 | +1.3% |
| Equity | 10/15 | €9,654 | €10,900 | +€1,247 | +12.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,454 | €4,700 | +€1,247 | +36.1% |
| Amounts payable | 17/49 | €19,319 | €18,453 | -€866 | -4.5% |
| Amounts payable within one year | 42/48 | €13,130 | €16,971 | +€3,841 | +29.3% |
| Trade debts | 44 | €2,177 | - | -€2,177 | |
| Suppliers | 440/4 | €2,177 | - | -€2,177 | |
| Taxes, remuneration and social security | 45 | €8,954 | €16,971 | +€8,018 | +89.5% |
| Taxes | 450/3 | €2,961 | €16,971 | +€14,010 | +473% |
| Remuneration and social security | 454/9 | €5,993 | - | -€5,993 | |
| Other amounts payable | 47/48 | €2,000 | - | -€2,000 | |
| Accrued charges and deferred income | 492/3 | €6,188 | €1,482 | -€4,706 | -76.1% |
| Remuneration, social security and pensions | 62 | €54,410 | €52,239 | -€2,171 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €85 | +€85 | |
| Other operating charges | 640/8 | €565 | €761 | +€196 | +34.7% |
| Gross operating margin | 9900 | €71,441 | €55,352 | -€16,089 | -22.5% |
| Operating profit (loss) | 9901 | €16,466 | €2,268 | -€14,198 | -86.2% |
| Financial income | 75/76B | €101 | €180 | +€79 | +78.3% |
| Recurring financial income | 75 | €101 | €180 | +€79 | +78.3% |
| Financial charges | 65/66B | €432 | €216 | -€216 | -50.0% |
| Recurring financial charges | 65 | €432 | €216 | -€216 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €16,135 | €2,232 | -€13,903 | -86.2% |
| Income taxes | 67/77 | - | €985 | +€985 | |
| Profit (loss) for the period | 9904 | €16,135 | €1,247 | -€14,888 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,135 | €1,247 | -€14,888 | -92.3% |
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 25 October 2026 via checked.be.