THIRD EYE: 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.
THIRD EYE
Largest movements
- Receivables within one year -€2,005
down €2,005 (-25.7%), from €7,795 to €5,790
of which Other amounts receivable: -€6,194
- Cash -€1,934
down €1,934 (-63.4%), from €3,048 to €1,114
mainly Accrued charges and deferred income (-€6,324) and Investment in fixed assets (net) (-€2,232)
- Tangible fixed assets +€967
up €967 (+114.6%), from €844 to €1,811
- Deferred charges and accrued income +€482
up €482 (+83.9%), from €574 to €1,056
- Accrued charges and deferred income -€6,324
down €6,324 (-93.9%), from €6,739 to €414
- Other debts +€1,628
up €1,628 (+2.6%), from €61,997 to €63,625
- Trade debts +€1,614
up €1,614 (+390.1%), from €414 to €2,028
- Profit (loss) carried forward +€1,505
up €1,505 (+1.1%), from -€131,001 to -€129,496
- Tax, wage and social debts -€913
down €913 (-43.2%), from €2,116 to €1,202
- Gross operating margin +€5,844
up €5,844, from -€1,401 to €4,443
- Other operating charges -€852
down €852 (-38.2%), from €2,229 to €1,376
- Financial charges -€679
down €679 (-79.4%), from €856 to €176
- Write-downs -€270
down €270 (-100.0%), from €270 to €0
- Taxes -€139
down €139 (-50.7%), from €274 to €135
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 | €12,261 | €9,771 | -€2,490 | -20.3% |
| Fixed assets | 21/28 | €844 | €1,811 | +€967 | +114.6% |
| Tangible fixed assets | 22/27 | €844 | €1,811 | +€967 | +114.6% |
| Plant, machinery and equipment | 23 | €844 | €1,811 | +€967 | +114.6% |
| Current assets | 29/58 | €11,417 | €7,960 | -€3,457 | -30.3% |
| Amounts receivable within one year | 40/41 | €7,795 | €5,790 | -€2,005 | -25.7% |
| Trade receivables | 40 | €1,601 | €5,790 | +€4,189 | +261.7% |
| Other amounts receivable | 41 | €6,194 | €0 | -€6,194 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,048 | €1,114 | -€1,934 | -63.4% |
| Deferred charges and accrued income | 490/1 | €574 | €1,056 | +€482 | +83.9% |
| Total equity and liabilities | 10/49 | €12,261 | €9,771 | -€2,490 | -20.3% |
| Equity | 10/15 | -€59,004 | -€57,499 | +€1,505 | +2.6% |
| Contributions | 10/11 | €70,138 | €70,138 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,001 | -€129,496 | +€1,505 | +1.1% |
| Amounts payable | 17/49 | €71,265 | €67,270 | -€3,995 | -5.6% |
| Amounts payable within one year | 42/48 | €64,526 | €66,855 | +€2,329 | +3.6% |
| Trade debts | 44 | €414 | €2,028 | +€1,614 | +390.1% |
| Suppliers | 440/4 | €414 | €2,028 | +€1,614 | +390.1% |
| Taxes, remuneration and social security | 45 | €2,116 | €1,202 | -€913 | -43.2% |
| Taxes | 450/3 | €2,116 | €1,202 | -€913 | -43.2% |
| Other amounts payable | 47/48 | €61,997 | €63,625 | +€1,628 | +2.6% |
| Accrued charges and deferred income | 492/3 | €6,739 | €414 | -€6,324 | -93.9% |
| Non-recurring operating income | 76A | - | €4,500 | +€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,376 | €1,266 | -€111 | -8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €270 | €0 | -€270 | -100.0% |
| Other operating charges | 640/8 | €2,229 | €1,376 | -€852 | -38.2% |
| Gross operating margin | 9900 | -€1,401 | €4,443 | +€5,844 | |
| Operating profit (loss) | 9901 | -€5,276 | €1,801 | +€7,077 | |
| Financial income | 75/76B | €11 | €16 | +€6 | +53.8% |
| Recurring financial income | 75 | €11 | €16 | +€6 | +53.8% |
| Financial charges | 65/66B | €856 | €176 | -€679 | -79.4% |
| Recurring financial charges | 65 | €856 | €176 | -€679 | -79.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,121 | €1,640 | +€7,762 | |
| Income taxes | 67/77 | €274 | €135 | -€139 | -50.7% |
| Profit (loss) for the period | 9904 | -€6,395 | €1,505 | +€7,901 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,395 | €1,505 | +€7,901 |
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.