THREE TIMES THREE: 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.
THREE TIMES THREE
Largest movements
- Cash +€21,722
up €21,722 (+226.1%), from €9,609 to €31,331
mainly Net result for the year (+€40,218) and Other debts (+€40,218)
- Receivables within one year +€6,355
up €6,355 (+56.0%), from €11,345 to €17,699
of which Other amounts receivable: +€6,430
- Tangible fixed assets +€2,523
up €2,523 (+67.5%), from €3,736 to €6,258
of which Furniture and vehicles: +€2,808
- Other debts +€40,218
up €40,218, from €0 to €40,218
- Reserves -€10,824
down €10,824 (-84.5%), from €12,816 to €1,992
- Trade debts +€3,492
up €3,492 (+609.6%), from €573 to €4,065
- Tax, wage and social debts -€1,392
down €1,392 (-10.5%), from €13,273 to €11,881
of which Taxes: -€2,730
- Short-term financial debts -€1,281
down €1,281 (-22.3%), from €5,758 to €4,477
of which Other loans: -€783
- Gross operating margin +€40,354
up €40,354 (+172.3%), from €23,417 to €63,771
- Taxes +€11,610
up €11,610 (+197.2%), from €5,887 to €17,497
- Financial charges +€719
up €719 (+25.7%), from €2,796 to €3,515
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 | €35,071 | €65,282 | +€30,212 | +86.1% |
| Fixed assets | 21/28 | €13,730 | €16,252 | +€2,523 | +18.4% |
| Tangible fixed assets | 22/27 | €3,736 | €6,258 | +€2,523 | +67.5% |
| Plant, machinery and equipment | 23 | €1,111 | €826 | -€285 | -25.7% |
| Furniture and vehicles | 24 | €2,625 | €5,433 | +€2,808 | +107.0% |
| Financial fixed assets | 28 | €9,994 | €9,994 | = | 0.0% |
| Current assets | 29/58 | €21,341 | €49,030 | +€27,689 | +129.7% |
| Amounts receivable within one year | 40/41 | €11,345 | €17,699 | +€6,355 | +56.0% |
| Trade receivables | 40 | €9,075 | €9,000 | -€75 | -0.8% |
| Other amounts receivable | 41 | €2,270 | €8,699 | +€6,430 | +283.2% |
| Cash at bank and in hand | 54/58 | €9,609 | €31,331 | +€21,722 | +226.1% |
| Deferred charges and accrued income | 490/1 | €388 | €0 | -€388 | -100.0% |
| Total equity and liabilities | 10/49 | €35,071 | €65,282 | +€30,212 | +86.1% |
| Equity | 10/15 | €14,816 | €3,992 | -€10,824 | -73.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €12,816 | €1,992 | -€10,824 | -84.5% |
| Distributable reserves | 133 | €12,816 | €1,992 | -€10,824 | -84.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,254 | €61,290 | +€41,036 | +202.6% |
| Amounts payable within one year | 42/48 | €19,604 | €60,640 | +€41,036 | +209.3% |
| Financial debts | 43 | €5,758 | €4,477 | -€1,281 | -22.3% |
| Credit institutions | 430/8 | €4,976 | €4,477 | -€499 | -10.0% |
| Other loans | 439 | €783 | €0 | -€783 | -100.0% |
| Trade debts | 44 | €573 | €4,065 | +€3,492 | +609.6% |
| Suppliers | 440/4 | €573 | €4,065 | +€3,492 | +609.6% |
| Taxes, remuneration and social security | 45 | €13,273 | €11,881 | -€1,392 | -10.5% |
| Taxes | 450/3 | €13,273 | €10,543 | -€2,730 | -20.6% |
| Remuneration and social security | 454/9 | - | €1,338 | +€1,338 | |
| Other amounts payable | 47/48 | €0 | €40,218 | +€40,218 | |
| Accrued charges and deferred income | 492/3 | €650 | €650 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,560 | €1,685 | +€125 | +8.0% |
| Other operating charges | 640/8 | €923 | €1,018 | +€96 | +10.4% |
| Non-recurring operating charges | 66A | €1,987 | €0 | -€1,987 | -100.0% |
| Gross operating margin | 9900 | €23,417 | €63,771 | +€40,354 | +172.3% |
| Operating profit (loss) | 9901 | €18,948 | €61,068 | +€42,120 | +222.3% |
| Financial income | 75/76B | €1 | €161 | +€161 | +28719.6% |
| Recurring financial income | 75 | €1 | €161 | +€161 | +28719.6% |
| Financial charges | 65/66B | €2,796 | €3,515 | +€719 | +25.7% |
| Recurring financial charges | 65 | €2,796 | €3,515 | +€719 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | €16,152 | €57,714 | +€41,562 | +257.3% |
| Income taxes | 67/77 | €5,887 | €17,497 | +€11,610 | +197.2% |
| Profit (loss) for the period | 9904 | €10,266 | €40,218 | +€29,952 | +291.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,266 | €40,218 | +€29,952 | +291.8% |
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 11 October 2026 via checked.be.