THREEK: 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.
THREEK
Largest movements
- Cash +€4,512
up €4,512 (+230.2%), from €1,960 to €6,473
mainly Trade debts (+€2,787) and Net result for the year (+€1,395)
- Receivables within one year -€663
down €663 (-42.5%), from €1,560 to €897
- Formation expenses -€433
down €433 (-75.0%), from €578 to €144
- Trade debts +€2,787
up €2,787 (+61.4%), from €4,542 to €7,329
- Profit (loss) carried forward +€1,395
up €1,395 (+3.8%), from -€36,978 to -€35,583
- Other debts -€766
down €766 (-6.9%), from €11,130 to €10,364
- Gross operating margin +€1,977
up €1,977 (+789.1%), from €251 to €2,228
- Depreciation -€123
down €123 (-22.1%), from €557 to €433
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 | €4,098 | €7,514 | +€3,416 | +83.4% |
| Formation expenses | 20 | €578 | €144 | -€433 | -75.0% |
| Current assets | 29/58 | €3,520 | €7,369 | +€3,849 | +109.3% |
| Amounts receivable within one year | 40/41 | €1,560 | €897 | -€663 | -42.5% |
| Trade receivables | 40 | €1,560 | €897 | -€663 | -42.5% |
| Cash at bank and in hand | 54/58 | €1,960 | €6,473 | +€4,512 | +230.2% |
| Total equity and liabilities | 10/49 | €4,098 | €7,514 | +€3,416 | +83.4% |
| Equity | 10/15 | -€11,574 | -€10,179 | +€1,395 | +12.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Contributions outside capital | 11 | €24,789 | €24,789 | = | 0.0% |
| Other | 1109/19 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €615 | €615 | = | 0.0% |
| Distributable reserves | 133 | €615 | €615 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,978 | -€35,583 | +€1,395 | +3.8% |
| Amounts payable | 17/49 | €15,672 | €17,693 | +€2,021 | +12.9% |
| Amounts payable within one year | 42/48 | €15,672 | €17,693 | +€2,021 | +12.9% |
| Trade debts | 44 | €4,542 | €7,329 | +€2,787 | +61.4% |
| Suppliers | 440/4 | €4,542 | €7,329 | +€2,787 | +61.4% |
| Other amounts payable | 47/48 | €11,130 | €10,364 | -€766 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €557 | €433 | -€123 | -22.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €251 | €2,228 | +€1,977 | +789.1% |
| Operating profit (loss) | 9901 | -€693 | €1,395 | +€2,088 | |
| Financial charges | 65/66B | €21 | - | -€21 | |
| Recurring financial charges | 65 | €21 | - | -€21 | |
| Profit (loss) for the period before taxes | 9903 | -€714 | €1,395 | +€2,109 | |
| Profit (loss) for the period | 9904 | -€714 | €1,395 | +€2,109 | |
| Profit (loss) for the period to be appropriated | 9905 | -€714 | €1,395 | +€2,109 |
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 12 October 2026 via checked.be.