3Core: 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.
3Core
Largest movements
- Cash +€13,511
up €13,511 (+14.8%), from €91,194 to €104,705
mainly Net result for the year (+€37,000) and Accrued charges and deferred income (+€18,000)
- Receivables within one year +€10,315
up €10,315 (+40.3%), from €25,626 to €35,941
of which Trade receivables: +€11,390
- Accrued charges and deferred income +€18,000
new in 2025: €18,000
- Tax, wage and social debts +€16,053
up €16,053 (+115%), from €14,000 to €30,053
- Profit (loss) carried forward -€13,000
down €13,000 (-57.1%), from €22,749 to €9,750
- Trade debts +€3,102
new in 2025: €3,102
- Gross operating margin -€5,427
down €5,427 (-10.2%), from €53,417 to €47,989
- Taxes -€5,184
down €5,184 (-34.7%), from €14,959 to €9,775
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 | €117,289 | €141,445 | +€24,155 | +20.6% |
| Current assets | 29/58 | €117,289 | €141,445 | +€24,155 | +20.6% |
| Amounts receivable within one year | 40/41 | €25,626 | €35,941 | +€10,315 | +40.3% |
| Trade receivables | 40 | €24,551 | €35,941 | +€11,390 | +46.4% |
| Other amounts receivable | 41 | €1,075 | - | -€1,075 | |
| Cash at bank and in hand | 54/58 | €91,194 | €104,705 | +€13,511 | +14.8% |
| Deferred charges and accrued income | 490/1 | €469 | €799 | +€329 | +70.2% |
| Total equity and liabilities | 10/49 | €117,289 | €141,445 | +€24,155 | +20.6% |
| Equity | 10/15 | €53,289 | €40,290 | -€13,000 | -24.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €540 | €540 | = | 0.0% |
| Non-distributable reserves | 130/1 | €540 | €540 | = | 0.0% |
| Reserves not available under the articles | 1311 | €540 | €540 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,749 | €9,750 | -€13,000 | -57.1% |
| Amounts payable | 17/49 | €64,000 | €101,155 | +€37,155 | +58.1% |
| Amounts payable within one year | 42/48 | €64,000 | €83,155 | +€19,155 | +29.9% |
| Trade debts | 44 | - | €3,102 | +€3,102 | |
| Suppliers | 440/4 | - | €3,102 | +€3,102 | |
| Taxes, remuneration and social security | 45 | €14,000 | €30,053 | +€16,053 | +115% |
| Taxes | 450/3 | €14,000 | €30,053 | +€16,053 | +115% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €18,000 | +€18,000 | |
| Other operating charges | 640/8 | €812 | €714 | -€98 | -12.1% |
| Gross operating margin | 9900 | €53,417 | €47,989 | -€5,427 | -10.2% |
| Operating profit (loss) | 9901 | €52,605 | €47,275 | -€5,330 | -10.1% |
| Financial income | 75/76B | €20 | €1 | -€19 | -96.1% |
| Recurring financial income | 75 | €20 | €1 | -€19 | -96.1% |
| Financial charges | 65/66B | €526 | €501 | -€25 | -4.8% |
| Recurring financial charges | 65 | €526 | €501 | -€25 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €52,098 | €46,775 | -€5,323 | -10.2% |
| Income taxes | 67/77 | €14,959 | €9,775 | -€5,184 | -34.7% |
| Profit (loss) for the period | 9904 | €37,139 | €37,000 | -€139 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,139 | €37,000 | -€139 | -0.4% |
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.