3G IMMO: 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.
3G IMMO
Largest movements
- Stocks and contracts -€1.4m
down €1.4m (-97.9%), from €1.4m to €30,000
- Cash -€39,943
down €39,943 (-38.1%), from €104,867 to €64,924
mainly Debts after one year (-€1.1m) and Trade debts (-€276,527)
- Debts after one year -€1.1m
no longer reported in 2025 (was €1.1m)
- Trade debts -€276,527
down €276,527 (-94.6%), from €292,232 to €15,705
- Other debts -€45,000
down €45,000 (-100.0%), from €45,022 to €22
- Tax, wage and social debts -€34,503
down €34,503 (-57.1%), from €60,389 to €25,886
- Profit (loss) carried forward +€34,379
up €34,379, from -€33,985 to €394
- Gross operating margin -€130,118
down €130,118 (-55.2%), from €235,733 to €105,615
- Financial charges -€90,663
down €90,663 (-84.6%), from €107,185 to €16,522
- Taxes +€21,006
new in 2025: €21,006
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 | €1,533,706 | €95,007 | -€1.4m | -93.8% |
| Current assets | 29/58 | €1,533,706 | €95,007 | -€1.4m | -93.8% |
| Stocks and contracts in progress | 3 | €1,428,758 | €30,000 | -€1.4m | -97.9% |
| Stocks | 30/36 | €1,428,758 | €30,000 | -€1.4m | -97.9% |
| Cash at bank and in hand | 54/58 | €104,867 | €64,924 | -€39,943 | -38.1% |
| Deferred charges and accrued income | 490/1 | €81 | €83 | +€2 | +2.5% |
| Total equity and liabilities | 10/49 | €1,533,706 | €95,007 | -€1.4m | -93.8% |
| Equity | 10/15 | -€12,985 | €53,394 | +€66,379 | |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | - | €32,000 | +€32,000 | |
| Distributable reserves | 133 | - | €32,000 | +€32,000 | |
| Profit (loss) carried forward | 14 | -€33,985 | €394 | +€34,379 | |
| Amounts payable | 17/49 | €1,546,691 | €41,613 | -€1.5m | -97.3% |
| Amounts payable after more than one year | 17 | €1,149,048 | - | -€1.1m | |
| Financial debts | 170/4 | €1,149,048 | - | -€1.1m | |
| Amounts payable within one year | 42/48 | €397,643 | €41,613 | -€356,030 | -89.5% |
| Trade debts | 44 | €292,232 | €15,705 | -€276,527 | -94.6% |
| Suppliers | 440/4 | €292,232 | €15,705 | -€276,527 | -94.6% |
| Taxes, remuneration and social security | 45 | €60,389 | €25,886 | -€34,503 | -57.1% |
| Taxes | 450/3 | €60,389 | €25,886 | -€34,503 | -57.1% |
| Other amounts payable | 47/48 | €45,022 | €22 | -€45,000 | -100.0% |
| Other operating charges | 640/8 | €440 | €1,708 | +€1,268 | +288% |
| Gross operating margin | 9900 | €235,733 | €105,615 | -€130,118 | -55.2% |
| Operating profit (loss) | 9901 | €235,293 | €103,907 | -€131,386 | -55.8% |
| Financial charges | 65/66B | €107,185 | €16,522 | -€90,663 | -84.6% |
| Recurring financial charges | 65 | €107,185 | €16,522 | -€90,663 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €128,108 | €87,385 | -€40,723 | -31.8% |
| Income taxes | 67/77 | - | €21,006 | +€21,006 | |
| Profit (loss) for the period | 9904 | €128,108 | €66,379 | -€61,729 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €128,108 | €66,379 | -€61,729 | -48.2% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.