THREE LODGE: 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.
THREE LODGE
Largest movements
- Tangible fixed assets +€65,260
up €65,260 (+13.2%), from €494,306 to €559,566
- Cash +€17,123
up €17,123 (+436.6%), from €3,922 to €21,046
mainly Other debts (+€93,097) and Depreciation (+€11,248)
- Other debts +€93,097
up €93,097 (+52.5%), from €177,401 to €270,498
- Profit (loss) carried forward -€10,734
down €10,734 (-6.4%), from -€166,946 to -€177,680
- Gross operating margin -€11,190
down €11,190 (-81.0%), from €13,817 to €2,628
- Depreciation +€1,208
up €1,208 (+12.0%), from €10,040 to €11,248
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 | €498,646 | €581,029 | +€82,383 | +16.5% |
| Fixed assets | 21/28 | €494,306 | €559,566 | +€65,260 | +13.2% |
| Tangible fixed assets | 22/27 | €494,306 | €559,566 | +€65,260 | +13.2% |
| Land and buildings | 22 | €494,306 | €559,566 | +€65,260 | +13.2% |
| Current assets | 29/58 | €4,340 | €21,463 | +€17,123 | +394.6% |
| Amounts receivable within one year | 40/41 | €417 | €417 | = | 0.0% |
| Trade receivables | 40 | €417 | €417 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,922 | €21,046 | +€17,123 | +436.6% |
| Total equity and liabilities | 10/49 | €498,646 | €581,029 | +€82,383 | +16.5% |
| Equity | 10/15 | €197,054 | €186,320 | -€10,734 | -5.4% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Revaluation surpluses | 12 | €240,000 | €240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€166,946 | -€177,680 | -€10,734 | -6.4% |
| Amounts payable | 17/49 | €301,591 | €394,708 | +€93,117 | +30.9% |
| Amounts payable after more than one year | 17 | €123,947 | €123,947 | = | 0.0% |
| Financial debts | 170/4 | €123,947 | €123,947 | = | 0.0% |
| Amounts payable within one year | 42/48 | €177,645 | €270,762 | +€93,117 | +52.4% |
| Trade debts | 44 | €244 | €263 | +€20 | +8.1% |
| Suppliers | 440/4 | €244 | €263 | +€20 | +8.1% |
| Other amounts payable | 47/48 | €177,401 | €270,498 | +€93,097 | +52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,040 | €11,248 | +€1,208 | +12.0% |
| Other operating charges | 640/8 | €1,903 | €1,961 | +€58 | +3.0% |
| Gross operating margin | 9900 | €13,817 | €2,628 | -€11,190 | -81.0% |
| Operating profit (loss) | 9901 | €1,875 | -€10,581 | -€12,455 | |
| Financial charges | 65/66B | €166 | €153 | -€13 | -7.5% |
| Recurring financial charges | 65 | €166 | €153 | -€13 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €1,709 | -€10,734 | -€12,443 | |
| Profit (loss) for the period | 9904 | €1,709 | -€10,734 | -€12,443 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,709 | -€10,734 | -€12,443 |
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 8 October 2026 via checked.be.