3LINK: what changed
Two fiscal 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.
3LINK
Largest movements
- Cash +€7,802
up €7,802 (+2.8%), from €281,014 to €288,816
mainly Receivables within one year (+€6,366) and Trade debts (+€1,922)
- Receivables within one year -€6,366
down €6,366 (-53.5%), from €11,894 to €5,528
of which Trade receivables: -€6,001
- Profit (loss) carried forward -€4,089
down €4,089 (-1.7%), from €247,798 to €243,709
- Other operating charges -€7,422
down €7,422 (-93.4%), from €7,950 to €528
- Gross operating margin +€5,060
up €5,060 (+74.6%), from -€6,785 to -€1,725
- Depreciation -€830
down €830 (-31.4%), from €2,646 to €1,816
- Financial income +€242
up €242 (+12100.0%), from €2 to €244
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €297,036 | €296,656 | -€380 | -0.1% |
| Fixed assets | 21/28 | €4,128 | €2,312 | -€1,816 | -44.0% |
| Tangible fixed assets | 22/27 | €3,787 | €1,971 | -€1,816 | -48.0% |
| Plant, machinery and equipment | 23 | €1,887 | €1,283 | -€604 | -32.0% |
| Furniture and vehicles | 24 | €1,900 | €688 | -€1,212 | -63.8% |
| Financial fixed assets | 28 | €341 | €341 | = | 0.0% |
| Current assets | 29/58 | €292,908 | €294,344 | +€1,436 | +0.5% |
| Amounts receivable within one year | 40/41 | €11,894 | €5,528 | -€6,366 | -53.5% |
| Trade receivables | 40 | €9,034 | €3,033 | -€6,001 | -66.4% |
| Other amounts receivable | 41 | €2,860 | €2,495 | -€365 | -12.8% |
| Cash at bank and in hand | 54/58 | €281,014 | €288,816 | +€7,802 | +2.8% |
| Total equity and liabilities | 10/49 | €297,036 | €296,656 | -€380 | -0.1% |
| Equity | 10/15 | €285,758 | €281,669 | -€4,089 | -1.4% |
| Reserves | 13 | €37,960 | €37,960 | = | 0.0% |
| Distributable reserves | 133 | €37,960 | €37,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | €247,798 | €243,709 | -€4,089 | -1.7% |
| Amounts payable | 17/49 | €11,278 | €14,987 | +€3,709 | +32.9% |
| Amounts payable within one year | 42/48 | €11,278 | €14,987 | +€3,709 | +32.9% |
| Trade debts | 44 | - | €1,922 | +€1,922 | |
| Suppliers | 440/4 | - | €1,922 | +€1,922 | |
| Other amounts payable | 47/48 | €11,278 | €13,065 | +€1,787 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,646 | €1,816 | -€830 | -31.4% |
| Other operating charges | 640/8 | €7,950 | €528 | -€7,422 | -93.4% |
| Gross operating margin | 9900 | -€6,785 | -€1,725 | +€5,060 | +74.6% |
| Operating profit (loss) | 9901 | -€17,381 | -€4,069 | +€13,312 | +76.6% |
| Financial income | 75/76B | €2 | €244 | +€242 | +12100.0% |
| Recurring financial income | 75 | €2 | €244 | +€242 | +12100.0% |
| Financial charges | 65/66B | €279 | €264 | -€15 | -5.4% |
| Recurring financial charges | 65 | €279 | €264 | -€15 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,658 | -€4,089 | +€13,569 | +76.8% |
| Profit (loss) for the period | 9904 | -€17,658 | -€4,089 | +€13,569 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,658 | -€4,089 | +€13,569 | +76.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.