3D-SIDE: 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.
3D-SIDE
Largest movements
- Cash -€1.3m
down €1.3m (-97.9%), from €1.3m to €27,622
mainly Investment in fixed assets (net) (-€1.4m) and Receivables within one year (-€874,666)
- Receivables within one year +€874,666
up €874,666 (+42.5%), from €2.1m to €2.9m
of which Other amounts receivable: +€575,223
- Intangible fixed assets +€406,700
up €406,700 (+23.5%), from €1.7m to €2.1m
- Profit (loss) carried forward -€269,238
down €269,238 (-7.6%), from -€3.6m to -€3.8m
- Investment grants +€250,039
up €250,039 (+26.2%), from €954,410 to €1.2m
- Trade debts -€61,097
down €61,097 (-19.4%), from €315,740 to €254,643
- Gross operating margin +€736,109
up €736,109 (+68.8%), from €1.1m to €1.8m
- Staff costs +€154,985
up €154,985 (+10.2%), from €1.5m to €1.7m
- Depreciation +€112,802
up €112,802 (+13.6%), from €832,141 to €944,943
- Financial income +€91,847
up €91,847 (+18.7%), from €490,552 to €582,399
of which Financial income: +€62,171
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 | €5,304,390 | €5,288,773 | -€15,617 | -0.3% |
| Fixed assets | 21/28 | €1,883,409 | €2,298,035 | +€414,626 | +22.0% |
| Intangible fixed assets | 21 | €1,728,334 | €2,135,033 | +€406,700 | +23.5% |
| Tangible fixed assets | 22/27 | €15,076 | €23,002 | +€7,927 | +52.6% |
| Plant, machinery and equipment | 23 | €1,583 | €6,370 | +€4,787 | +302% |
| Furniture and vehicles | 24 | €905 | €7,380 | +€6,476 | +716% |
| Other tangible fixed assets | 26 | €12,588 | €9,252 | -€3,336 | -26.5% |
| Financial fixed assets | 28 | €140,000 | €140,000 | = | 0.0% |
| Current assets | 29/58 | €3,420,980 | €2,990,738 | -€430,243 | -12.6% |
| Stocks and contracts in progress | 3 | - | €13,803 | +€13,803 | |
| Stocks | 30/36 | - | €13,803 | +€13,803 | |
| Amounts receivable within one year | 40/41 | €2,059,316 | €2,933,981 | +€874,666 | +42.5% |
| Trade receivables | 40 | €1,086,552 | €1,385,995 | +€299,443 | +27.6% |
| Other amounts receivable | 41 | €972,763 | €1,547,986 | +€575,223 | +59.1% |
| Current investments | 50/53 | €1,734 | €15 | -€1,719 | -99.1% |
| Cash at bank and in hand | 54/58 | €1,341,478 | €27,622 | -€1.3m | -97.9% |
| Deferred charges and accrued income | 490/1 | €18,453 | €15,316 | -€3,136 | -17.0% |
| Total equity and liabilities | 10/49 | €5,304,390 | €5,288,773 | -€15,617 | -0.3% |
| Equity | 10/15 | €3,806,819 | €3,787,620 | -€19,199 | -0.5% |
| Contributions | 10/11 | €6,413,418 | €6,413,418 | = | 0.0% |
| Capital | 10 | €5,028,772 | €5,028,772 | = | 0.0% |
| Issued capital | 100 | €5,028,772 | €5,028,772 | = | 0.0% |
| Contributions outside capital | 11 | €1,384,646 | €1,384,646 | = | 0.0% |
| Share premium | 1100/10 | €1,384,646 | €1,384,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,561,009 | -€3,830,247 | -€269,238 | -7.6% |
| Investment grants | 15 | €954,410 | €1,204,449 | +€250,039 | +26.2% |
| Amounts payable | 17/49 | €1,497,571 | €1,501,153 | +€3,582 | +0.2% |
| Amounts payable within one year | 42/48 | €1,497,571 | €1,501,153 | +€3,582 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | - | €51,000 | +€51,000 | |
| Trade debts | 44 | €315,740 | €254,643 | -€61,097 | -19.4% |
| Suppliers | 440/4 | €315,740 | €254,643 | -€61,097 | -19.4% |
| Taxes, remuneration and social security | 45 | €140,352 | €154,032 | +€13,679 | +9.7% |
| Remuneration and social security | 454/9 | €140,352 | €154,032 | +€13,679 | +9.7% |
| Other amounts payable | 47/48 | €1,041,478 | €1,041,478 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,522,057 | €1,677,042 | +€154,985 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €832,141 | €944,943 | +€112,802 | +13.6% |
| Other operating charges | 640/8 | €1,001 | €998 | -€2 | -0.2% |
| Non-recurring operating charges | 66A | - | €24,419 | +€24,419 | |
| Gross operating margin | 9900 | €1,070,234 | €1,806,343 | +€736,109 | +68.8% |
| Operating profit (loss) | 9901 | -€1,284,965 | -€841,060 | +€443,905 | +34.5% |
| Financial income | 75/76B | €490,552 | €582,399 | +€91,847 | +18.7% |
| Recurring financial income | 75 | €490,552 | €552,723 | +€62,171 | +12.7% |
| Non-recurring financial income | 76B | - | €29,676 | +€29,676 | |
| Financial charges | 65/66B | €10,037 | €11,851 | +€1,814 | +18.1% |
| Recurring financial charges | 65 | €10,037 | €11,851 | +€1,814 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | -€804,449 | -€270,512 | +€533,937 | +66.4% |
| Income taxes | 67/77 | -€729 | -€1,274 | -€545 | -74.7% |
| Profit (loss) for the period | 9904 | -€803,720 | -€269,238 | +€534,482 | +66.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€803,720 | -€269,238 | +€534,482 | +66.5% |
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 21 October 2026 via checked.be.