3LINK: 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.
3LINK
Largest movements
- Cash -€6,447
down €6,447 (-2.2%), from €288,816 to €282,369
mainly Net result for the year (-€12,591) and Trade debts (-€1,922)
- Profit (loss) carried forward -€12,591
down €12,591 (-5.2%), from €243,709 to €231,118
- Other debts +€6,007
up €6,007 (+46.0%), from €13,065 to €19,072
- Gross operating margin -€9,499
down €9,499 (-551%), from -€1,725 to -€11,224
- Depreciation -€652
down €652 (-35.9%), from €1,816 to €1,164
- Financial income +€612
up €612 (+251%), from €244 to €856
- Other operating charges +€256
up €256 (+48.5%), from €528 to €784
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 | €296,656 | €288,150 | -€8,506 | -2.9% |
| Fixed assets | 21/28 | €2,312 | €1,371 | -€941 | -40.7% |
| Tangible fixed assets | 22/27 | €1,971 | €1,030 | -€941 | -47.7% |
| Plant, machinery and equipment | 23 | €1,283 | €1,030 | -€253 | -19.7% |
| Furniture and vehicles | 24 | €688 | - | -€688 | |
| Financial fixed assets | 28 | €341 | €341 | = | 0.0% |
| Current assets | 29/58 | €294,344 | €286,779 | -€7,565 | -2.6% |
| Amounts receivable within one year | 40/41 | €5,528 | €4,410 | -€1,118 | -20.2% |
| Trade receivables | 40 | €3,033 | €659 | -€2,374 | -78.3% |
| Other amounts receivable | 41 | €2,495 | €3,751 | +€1,256 | +50.3% |
| Cash at bank and in hand | 54/58 | €288,816 | €282,369 | -€6,447 | -2.2% |
| Total equity and liabilities | 10/49 | €296,656 | €288,150 | -€8,506 | -2.9% |
| Equity | 10/15 | €281,669 | €269,078 | -€12,591 | -4.5% |
| Reserves | 13 | €37,960 | €37,960 | = | 0.0% |
| Distributable reserves | 133 | €37,960 | €37,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | €243,709 | €231,118 | -€12,591 | -5.2% |
| Amounts payable | 17/49 | €14,987 | €19,072 | +€4,085 | +27.3% |
| Amounts payable within one year | 42/48 | €14,987 | €19,072 | +€4,085 | +27.3% |
| Trade debts | 44 | €1,922 | - | -€1,922 | |
| Suppliers | 440/4 | €1,922 | - | -€1,922 | |
| Other amounts payable | 47/48 | €13,065 | €19,072 | +€6,007 | +46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,816 | €1,164 | -€652 | -35.9% |
| Other operating charges | 640/8 | €528 | €784 | +€256 | +48.5% |
| Gross operating margin | 9900 | -€1,725 | -€11,224 | -€9,499 | -551% |
| Operating profit (loss) | 9901 | -€4,069 | -€13,172 | -€9,103 | -224% |
| Financial income | 75/76B | €244 | €856 | +€612 | +251% |
| Recurring financial income | 75 | €244 | €856 | +€612 | +251% |
| Financial charges | 65/66B | €264 | €275 | +€11 | +4.2% |
| Recurring financial charges | 65 | €264 | €275 | +€11 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,089 | -€12,591 | -€8,502 | -208% |
| Profit (loss) for the period | 9904 | -€4,089 | -€12,591 | -€8,502 | -208% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,089 | -€12,591 | -€8,502 | -208% |
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 16 October 2026 via checked.be.