V3 GP: 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.
V3 GP
Largest movements
- Current investments -€110,000
no longer reported in 2025 (was €110,000)
- Cash +€4,509
up €4,509 (+96.9%), from €4,651 to €9,160
mainly Current investments (+€110,000) and Net result for the year (+€34,136)
- Profit (loss) carried forward -€105,864
down €105,864 (-83.1%), from €127,324 to €21,460
- Gross operating margin -€4,355
down €4,355 (-9.0%), from €48,464 to €44,109
- Taxes -€1,111
down €1,111 (-8.9%), from €12,490 to €11,379
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.
Derived cash bridge
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 | €139,477 | €33,460 | -€106,017 | -76.0% |
| Fixed assets | 21/28 | €23,800 | €24,300 | +€500 | +2.1% |
| Financial fixed assets | 28 | €23,800 | €24,300 | +€500 | +2.1% |
| Current assets | 29/58 | €115,677 | €9,160 | -€106,517 | -92.1% |
| Amounts receivable within one year | 40/41 | €1,026 | - | -€1,026 | |
| Other amounts receivable | 41 | €1,026 | - | -€1,026 | |
| Current investments | 50/53 | €110,000 | - | -€110,000 | |
| Cash at bank and in hand | 54/58 | €4,651 | €9,160 | +€4,509 | +96.9% |
| Total equity and liabilities | 10/49 | €139,477 | €33,460 | -€106,017 | -76.0% |
| Equity | 10/15 | €137,349 | €31,485 | -€105,864 | -77.1% |
| Contributions | 10/11 | €10,025 | €10,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,324 | €21,460 | -€105,864 | -83.1% |
| Amounts payable | 17/49 | €2,128 | €1,975 | -€153 | -7.2% |
| Amounts payable within one year | 42/48 | €2,128 | €1,975 | -€153 | -7.2% |
| Trade debts | 44 | €303 | €235 | -€68 | -22.3% |
| Suppliers | 440/4 | €303 | €235 | -€68 | -22.3% |
| Taxes, remuneration and social security | 45 | €1,825 | €1,739 | -€86 | -4.7% |
| Taxes | 450/3 | €1,825 | €1,739 | -€86 | -4.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €48,464 | €44,109 | -€4,355 | -9.0% |
| Operating profit (loss) | 9901 | €48,076 | €43,709 | -€4,367 | -9.1% |
| Financial income | 75/76B | €2,215 | €2,131 | -€84 | -3.8% |
| Recurring financial income | 75 | €2,215 | €2,131 | -€84 | -3.8% |
| Financial charges | 65/66B | €333 | €325 | -€8 | -2.5% |
| Recurring financial charges | 65 | €333 | €325 | -€8 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €49,958 | €45,515 | -€4,443 | -8.9% |
| Income taxes | 67/77 | €12,490 | €11,379 | -€1,111 | -8.9% |
| Profit (loss) for the period | 9904 | €37,469 | €34,136 | -€3,332 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,469 | €34,136 | -€3,332 | -8.9% |
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 18 October 2026 via checked.be.