3DF: 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.
3DF
Largest movements
- Intangible fixed assets -€111,026
down €111,026 (-33.3%), from €333,227 to €222,201
- Receivables within one year -€65,168
down €65,168 (-11.7%), from €558,821 to €493,652
of which Trade receivables: -€100,346
- Other debts -€707,682
down €707,682 (-100%), from €707,682 to €0
- Profit (loss) carried forward +€604,117
up €604,117 (+58.8%), from -€1.0m to -€422,656
- Trade debts -€49,213
down €49,213 (-27.3%), from €180,510 to €131,297
- Contributions -€42,318
down €42,318 (-3.7%), from €1.1m to €1.1m
of which Capital: -€42,318
- Current portion of long-term debt +€36,376
new in 2025: €36,376
- Gross operating margin -€127,119
down €127,119 (-24.6%), from €515,767 to €388,648
- Staff costs -€32,966
down €32,966 (-7.8%), from €424,273 to €391,307
- Other operating charges +€10,671
up €10,671 (+1,381%), from €773 to €11,444
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 | €1,065,395 | €883,640 | -€181,755 | -17.1% |
| Fixed assets | 21/28 | €342,770 | €229,607 | -€113,163 | -33.0% |
| Intangible fixed assets | 21 | €333,227 | €222,201 | -€111,026 | -33.3% |
| Tangible fixed assets | 22/27 | €9,408 | €7,271 | -€2,137 | -22.7% |
| Plant, machinery and equipment | 23 | €9,408 | €7,271 | -€2,137 | -22.7% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €722,625 | €654,032 | -€68,592 | -9.5% |
| Stocks and contracts in progress | 3 | €18,774 | €17,840 | -€934 | -5.0% |
| Stocks | 30/36 | €18,774 | €17,840 | -€934 | -5.0% |
| Amounts receivable within one year | 40/41 | €558,821 | €493,652 | -€65,168 | -11.7% |
| Trade receivables | 40 | €542,000 | €441,654 | -€100,346 | -18.5% |
| Other amounts receivable | 41 | €16,820 | €51,998 | +€35,178 | +209% |
| Cash at bank and in hand | 54/58 | €138,431 | €132,730 | -€5,701 | -4.1% |
| Deferred charges and accrued income | 490/1 | €6,598 | €9,810 | +€3,212 | +48.7% |
| Total equity and liabilities | 10/49 | €1,065,395 | €883,640 | -€181,755 | -17.1% |
| Equity | 10/15 | €105,584 | €667,383 | +€561,799 | +532% |
| Contributions | 10/11 | €1,132,357 | €1,090,039 | -€42,318 | -3.7% |
| Capital | 10 | €1,107,320 | €1,065,002 | -€42,318 | -3.8% |
| Issued capital | 100 | €1,107,320 | €1,065,002 | -€42,318 | -3.8% |
| Contributions outside capital | 11 | €25,037 | €25,037 | = | 0.0% |
| Share premium | 1100/10 | €25,037 | €25,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,026,772 | -€422,656 | +€604,117 | +58.8% |
| Amounts payable | 17/49 | €959,810 | €216,257 | -€743,554 | -77.5% |
| Amounts payable within one year | 42/48 | €959,810 | €216,257 | -€743,554 | -77.5% |
| Current portion of amounts payable after more than one year | 42 | - | €36,376 | +€36,376 | |
| Trade debts | 44 | €180,510 | €131,297 | -€49,213 | -27.3% |
| Suppliers | 440/4 | €180,510 | €131,297 | -€49,213 | -27.3% |
| Taxes, remuneration and social security | 45 | €71,618 | €48,584 | -€23,034 | -32.2% |
| Taxes | 450/3 | €731 | €946 | +€215 | +29.4% |
| Remuneration and social security | 454/9 | €70,888 | €47,638 | -€23,249 | -32.8% |
| Other amounts payable | 47/48 | €707,682 | €0 | -€707,682 | -100% |
| Remuneration, social security and pensions | 62 | €424,273 | €391,307 | -€32,966 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,041 | €115,570 | +€529 | +0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €773 | €11,444 | +€10,671 | +1,381% |
| Gross operating margin | 9900 | €515,767 | €388,648 | -€127,119 | -24.6% |
| Operating profit (loss) | 9901 | -€24,320 | -€129,672 | -€105,352 | -433% |
| Financial income | 75/76B | €0 | €3,526 | +€3,525 | +3,917,156% |
| Recurring financial income | 75 | €0 | €3,526 | +€3,525 | +3,917,156% |
| Financial charges | 65/66B | €19,026 | €19,345 | +€318 | +1.7% |
| Recurring financial charges | 65 | €19,026 | €19,345 | +€318 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€43,346 | -€145,492 | -€102,145 | -236% |
| Income taxes | 67/77 | €786 | €392 | -€394 | -50.2% |
| Profit (loss) for the period | 9904 | -€44,132 | -€145,883 | -€101,751 | -231% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,132 | -€145,883 | -€101,751 | -231% |
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 30 October 2026 via checked.be.