3INVEST: 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.
What changed
3INVEST
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€141,718
2024 · €245,296-€103,578
Equity
€2.7m
2024 · €2.6m+€141,718
Cash
€25,174
2024 · €27,559-€2,386
Balance sheet total
€4.0m
2024 · €4.4m-€331,933
Largest movements
Assets
- Tangible fixed assets -€358,690
down €358,690 (-8.3%), from €4.3m to €4.0m
of which Land and buildings: -€317,845
Equity and liabilities
- Other debts -€436,235
down €436,235 (-70.4%), from €619,232 to €182,997
- Reserves +€141,718
up €141,718 (+5.6%), from €2.5m to €2.7m
of which Distributable reserves: +€155,113
Income statement
- Gross operating margin -€144,707
down €144,707 (-20.2%), from €715,560 to €570,852
- Taxes -€51,540
down €51,540 (-38.8%), from €132,788 to €81,248
- Other operating charges +€31,057
up €31,057 (+119%), from €26,190 to €57,247
- Depreciation -€14,521
down €14,521 (-7.1%), from €203,914 to €189,393
- Financial charges -€7,198
down €7,198 (-6.3%), from €113,924 to €106,726
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.
Result 2024
€245,296
Gross operating margin
-€144,707
Depreciation
+€14,521
Other operating charges
-€31,057
Financial income
-€1,072
Financial charges
+€7,198
Taxes
+€51,540
Result 2025
€141,718
raises the resultlowers the result
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.
From operations
-€145,471
Investment
+€165,215
Financing
-€22,130
Cash 2024
€27,559
From operations (derived)
-€145,471
Net result for the year
+€141,718
Depreciation
+€189,393
Stocks and contracts
-€1,281
Receivables within one year
-€23,780
Provisions
-€4,465
Trade debts
-€19,284
Tax, wage and social debts
+€8,462
Other debts
-€436,235
Investment (derived)
+€165,215
Investment in fixed assets (net)
+€165,247
Current investments
-€32
Financing
-€22,130
Debts after one year
-€32,324
Current portion of long-term debt
-€29,985
Short-term financial debts
+€40,179
Cash 2025
€25,174
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,374,894 | €4,042,960 | -€331,933 | -7.6% |
| Fixed assets | 21/28 | €4,340,421 | €3,985,781 | -€354,640 | -8.2% |
| Tangible fixed assets | 22/27 | €4,340,421 | €3,981,731 | -€358,690 | -8.3% |
| Land and buildings | 22 | €4,269,985 | €3,952,140 | -€317,845 | -7.4% |
| Plant, machinery and equipment | 23 | €56,803 | €22,995 | -€33,808 | -59.5% |
| Furniture and vehicles | 24 | €13,634 | €6,596 | -€7,038 | -51.6% |
| Financial fixed assets | 28 | - | €4,050 | +€4,050 | |
| Current assets | 29/58 | €34,472 | €57,179 | +€22,707 | +65.9% |
| Stocks and contracts in progress | 3 | €6,913 | €8,193 | +€1,281 | +18.5% |
| Stocks | 30/36 | €6,913 | €8,193 | +€1,281 | +18.5% |
| Amounts receivable within one year | 40/41 | - | €23,780 | +€23,780 | |
| Trade receivables | 40 | - | €23,780 | +€23,780 | |
| Current investments | 50/53 | - | €32 | +€32 | |
| Cash at bank and in hand | 54/58 | €27,559 | €25,174 | -€2,386 | -8.7% |
| Total equity and liabilities | 10/49 | €4,374,894 | €4,042,960 | -€331,933 | -7.6% |
| Equity | 10/15 | €2,606,915 | €2,748,633 | +€141,718 | +5.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,545,415 | €2,687,133 | +€141,718 | +5.6% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €351,701 | €338,306 | -€13,395 | -3.8% |
| Distributable reserves | 133 | €2,187,564 | €2,342,677 | +€155,113 | +7.1% |
| Provisions and deferred taxes | 16 | €117,234 | €112,769 | -€4,465 | -3.8% |
| Deferred taxes | 168 | €117,234 | €112,769 | -€4,465 | -3.8% |
| Amounts payable | 17/49 | €1,650,745 | €1,181,559 | -€469,186 | -28.4% |
| Amounts payable after more than one year | 17 | €663,732 | €631,408 | -€32,324 | -4.9% |
| Financial debts | 170/4 | €663,732 | €631,408 | -€32,324 | -4.9% |
| Amounts payable within one year | 42/48 | €987,014 | €550,151 | -€436,863 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €241,947 | €211,962 | -€29,985 | -12.4% |
| Financial debts | 43 | - | €40,179 | +€40,179 | |
| Credit institutions | 430/8 | - | €40,179 | +€40,179 | |
| Trade debts | 44 | €42,277 | €22,994 | -€19,284 | -45.6% |
| Suppliers | 440/4 | €42,277 | €22,994 | -€19,284 | -45.6% |
| Taxes, remuneration and social security | 45 | €83,558 | €92,020 | +€8,462 | +10.1% |
| Taxes | 450/3 | €83,558 | €92,020 | +€8,462 | +10.1% |
| Other amounts payable | 47/48 | €619,232 | €182,997 | -€436,235 | -70.4% |
| Non-recurring operating income | 76A | - | €22,452 | +€22,452 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203,914 | €189,393 | -€14,521 | -7.1% |
| Other operating charges | 640/8 | €26,190 | €57,247 | +€31,057 | +119% |
| Gross operating margin | 9900 | €715,560 | €570,852 | -€144,707 | -20.2% |
| Operating profit (loss) | 9901 | €485,456 | €324,212 | -€161,244 | -33.2% |
| Financial income | 75/76B | €2,086 | €1,015 | -€1,072 | -51.4% |
| Recurring financial income | 75 | €2,086 | €1,015 | -€1,072 | -51.4% |
| Financial charges | 65/66B | €113,924 | €106,726 | -€7,198 | -6.3% |
| Recurring financial charges | 65 | €113,924 | €106,726 | -€7,198 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €373,619 | €218,501 | -€155,118 | -41.5% |
| Transfer from deferred taxes | 780 | €4,465 | €4,465 | = | 0.0% |
| Income taxes | 67/77 | €132,788 | €81,248 | -€51,540 | -38.8% |
| Profit (loss) for the period | 9904 | €245,296 | €141,718 | -€103,578 | -42.2% |
| Transfer from tax-exempt reserves | 789 | €13,395 | €13,395 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €258,691 | €155,113 | -€103,578 | -40.0% |
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 27 October 2026 via checked.be.