3H-it: 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.
3H-it
Largest movements
- Cash +€50,899
up €50,899 (+210.6%), from €24,165 to €75,064
mainly Net result for the year (+€52,873) and Depreciation (+€29,996)
- Current investments +€25,801
up €25,801 (+9.8%), from €263,383 to €289,184
- Tangible fixed assets -€16,959
down €16,959 (-15.6%), from €108,447 to €91,488
of which Furniture and vehicles: -€12,515
- Intangible fixed assets -€11,450
down €11,450 (-48.5%), from €23,629 to €12,178
- Deferred charges and accrued income -€5,079
down €5,079 (-66.8%), from €7,602 to €2,523
- Reserves +€52,873
up €52,873 (+14.2%), from €371,131 to €424,004
- Debts after one year -€11,584
down €11,584 (-35.7%), from €32,415 to €20,830
- Tax, wage and social debts +€5,563
up €5,563 (+66.1%), from €8,417 to €13,980
of which Taxes: +€8,302
- Gross operating margin +€32,150
up €32,150 (+72.9%), from €44,121 to €76,271
- Financial income +€26,193
up €26,193 (+3979.7%), from €658 to €26,851
- Taxes +€15,018
up €15,018 (+450.2%), from €3,336 to €18,354
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.
Cash bridge derived
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 | €441,228 | €488,588 | +€47,360 | +10.7% |
| Fixed assets | 21/28 | €132,116 | €103,667 | -€28,449 | -21.5% |
| Intangible fixed assets | 21 | €23,629 | €12,178 | -€11,450 | -48.5% |
| Tangible fixed assets | 22/27 | €108,447 | €91,488 | -€16,959 | -15.6% |
| Land and buildings | 22 | €58,924 | €54,811 | -€4,113 | -7.0% |
| Plant, machinery and equipment | 23 | €1,328 | €997 | -€331 | -24.9% |
| Furniture and vehicles | 24 | €48,195 | €35,680 | -€12,515 | -26.0% |
| Financial fixed assets | 28 | €40 | - | -€40 | |
| Current assets | 29/58 | €309,112 | €384,921 | +€75,809 | +24.5% |
| Amounts receivable within one year | 40/41 | €13,962 | €18,150 | +€4,188 | +30.0% |
| Trade receivables | 40 | €12,100 | €18,150 | +€6,050 | +50.0% |
| Other amounts receivable | 41 | €1,862 | - | -€1,862 | |
| Current investments | 50/53 | €263,383 | €289,184 | +€25,801 | +9.8% |
| Cash at bank and in hand | 54/58 | €24,165 | €75,064 | +€50,899 | +210.6% |
| Deferred charges and accrued income | 490/1 | €7,602 | €2,523 | -€5,079 | -66.8% |
| Total equity and liabilities | 10/49 | €441,228 | €488,588 | +€47,360 | +10.7% |
| Equity | 10/15 | €377,331 | €430,204 | +€52,873 | +14.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €371,131 | €424,004 | +€52,873 | +14.2% |
| Distributable reserves | 133 | €371,131 | €424,004 | +€52,873 | +14.2% |
| Amounts payable | 17/49 | €63,897 | €58,384 | -€5,513 | -8.6% |
| Amounts payable after more than one year | 17 | €32,415 | €20,830 | -€11,584 | -35.7% |
| Financial debts | 170/4 | €32,415 | €20,830 | -€11,584 | -35.7% |
| Amounts payable within one year | 42/48 | €31,482 | €37,554 | +€6,072 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €11,358 | €11,584 | +€226 | +2.0% |
| Trade debts | 44 | €516 | €515 | -€1 | -0.2% |
| Suppliers | 440/4 | €516 | €515 | -€1 | -0.2% |
| Taxes, remuneration and social security | 45 | €8,417 | €13,980 | +€5,563 | +66.1% |
| Taxes | 450/3 | €5,678 | €13,980 | +€8,302 | +146.2% |
| Remuneration and social security | 454/9 | €2,739 | - | -€2,739 | |
| Other amounts payable | 47/48 | €11,191 | €11,474 | +€283 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,406 | €29,996 | -€410 | -1.3% |
| Other operating charges | 640/8 | €900 | €1,122 | +€222 | +24.7% |
| Non-recurring operating charges | 66A | €535 | - | -€535 | |
| Gross operating margin | 9900 | €44,121 | €76,271 | +€32,150 | +72.9% |
| Operating profit (loss) | 9901 | €12,281 | €45,154 | +€32,873 | +267.7% |
| Financial income | 75/76B | €658 | €26,851 | +€26,193 | +3979.7% |
| Recurring financial income | 75 | €658 | €26,851 | +€26,193 | +3979.7% |
| Financial charges | 65/66B | €1,311 | €778 | -€533 | -40.6% |
| Recurring financial charges | 65 | €1,311 | €778 | -€533 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €11,628 | €71,227 | +€59,599 | +512.6% |
| Income taxes | 67/77 | €3,336 | €18,354 | +€15,018 | +450.2% |
| Profit (loss) for the period | 9904 | €8,292 | €52,873 | +€44,581 | +537.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,292 | €52,873 | +€44,581 | +537.6% |
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 9 October 2026 via checked.be.