THREEEIGHTFIVE: 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.
THREEEIGHTFIVE
Largest movements
- Cash -€21,072
down €21,072 (-57.8%), from €36,430 to €15,358
mainly Tax, wage and social debts (-€21,059) and Other debts (-€15,000)
- Tax, wage and social debts -€21,059
down €21,059 (-48.4%), from €43,546 to €22,487
of which Taxes: -€21,029
- Profit (loss) carried forward +€17,618
up €17,618 (+19.4%), from €90,964 to €108,582
- Other debts -€15,000
no longer reported in 2025 (was €15,000)
- Trade debts -€2,546
down €2,546 (-11.2%), from €22,646 to €20,100
- Gross operating margin -€17,091
down €17,091 (-35.5%), from €48,087 to €30,996
- Taxes -€4,197
down €4,197 (-33.6%), from €12,500 to €8,303
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 | €174,156 | €153,667 | -€20,489 | -11.8% |
| Fixed assets | 21/28 | €856 | €0 | -€856 | -100.0% |
| Tangible fixed assets | 22/27 | €856 | €0 | -€856 | -100.0% |
| Furniture and vehicles | 24 | €856 | €0 | -€856 | -100.0% |
| Current assets | 29/58 | €173,300 | €153,667 | -€19,633 | -11.3% |
| Amounts receivable after more than one year | 29 | €98,000 | €98,000 | = | 0.0% |
| Other amounts receivable | 291 | €98,000 | €98,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,830 | €32,269 | +€1,439 | +4.7% |
| Trade receivables | 40 | €12,156 | €13,581 | +€1,425 | +11.7% |
| Other amounts receivable | 41 | €18,674 | €18,688 | +€14 | +0.1% |
| Cash at bank and in hand | 54/58 | €36,430 | €15,358 | -€21,072 | -57.8% |
| Deferred charges and accrued income | 490/1 | €8,040 | €8,040 | = | 0.0% |
| Total equity and liabilities | 10/49 | €174,156 | €153,667 | -€20,489 | -11.8% |
| Equity | 10/15 | €92,964 | €110,582 | +€17,618 | +19.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,964 | €108,582 | +€17,618 | +19.4% |
| Amounts payable | 17/49 | €81,192 | €43,085 | -€38,107 | -46.9% |
| Amounts payable within one year | 42/48 | €81,192 | €43,085 | -€38,107 | -46.9% |
| Trade debts | 44 | €22,646 | €20,100 | -€2,546 | -11.2% |
| Suppliers | 440/4 | €22,646 | €20,100 | -€2,546 | -11.2% |
| Advances received on contracts in progress | 46 | - | €498 | +€498 | |
| Taxes, remuneration and social security | 45 | €43,546 | €22,487 | -€21,059 | -48.4% |
| Taxes | 450/3 | €40,546 | €19,517 | -€21,029 | -51.9% |
| Remuneration and social security | 454/9 | €3,000 | €2,970 | -€30 | -1.0% |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €856 | €856 | = | 0.0% |
| Other operating charges | 640/8 | €695 | €653 | -€42 | -6.0% |
| Non-recurring operating charges | 66A | €3,802 | €3,567 | -€235 | -6.2% |
| Gross operating margin | 9900 | €48,087 | €30,996 | -€17,091 | -35.5% |
| Operating profit (loss) | 9901 | €42,734 | €25,920 | -€16,814 | -39.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €0 | - | = | |
| Recurring financial charges | 65 | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €42,734 | €25,920 | -€16,814 | -39.3% |
| Income taxes | 67/77 | €12,500 | €8,303 | -€4,197 | -33.6% |
| Profit (loss) for the period | 9904 | €30,234 | €17,617 | -€12,617 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,234 | €17,617 | -€12,617 | -41.7% |
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.