3MADE: 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.
3MADE
Largest movements
- Deferred charges and accrued income +€176,682
up €176,682 (+5755.5%), from €3,070 to €179,752
- Tangible fixed assets +€89,798
up €89,798 (+257.3%), from €34,894 to €124,692
of which Plant, machinery and equipment: +€91,984
- Cash -€47,171
down €47,171 (-34.3%), from €137,384 to €90,213
mainly Deferred charges and accrued income (-€176,682) and Investment in fixed assets (net) (-€103,048)
- Stocks and contracts +€39,821
new in 2025: €39,821
- Trade debts +€263,670
up €263,670 (+803.1%), from €32,832 to €296,502
- Advances received -€58,800
no longer reported in 2025 (was €58,800)
- Profit (loss) carried forward +€57,798
up €57,798 (+59.6%), from €96,928 to €154,726
- Debts after one year -€13,553
down €13,553 (-62.4%), from €21,717 to €8,164
- Tax, wage and social debts +€7,176
up €7,176 (+123.7%), from €5,802 to €12,978
of which Taxes: +€4,385
- Gross operating margin +€72,114
up €72,114 (+87.0%), from €82,848 to €154,962
- Staff costs +€39,212
new in 2025: €39,212
- Taxes +€8,775
up €8,775 (+55.8%), from €15,729 to €24,505
- Depreciation +€8,309
up €8,309 (+168.2%), from €4,940 to €13,249
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 | €235,093 | €493,432 | +€258,339 | +109.9% |
| Fixed assets | 21/28 | €34,894 | €124,692 | +€89,798 | +257.3% |
| Tangible fixed assets | 22/27 | €34,894 | €124,692 | +€89,798 | +257.3% |
| Plant, machinery and equipment | 23 | €29,079 | €121,063 | +€91,984 | +316.3% |
| Furniture and vehicles | 24 | €5,815 | €3,629 | -€2,185 | -37.6% |
| Current assets | 29/58 | €200,199 | €368,740 | +€168,541 | +84.2% |
| Stocks and contracts in progress | 3 | - | €39,821 | +€39,821 | |
| Contracts in progress | 37 | - | €39,821 | +€39,821 | |
| Amounts receivable within one year | 40/41 | €59,745 | €58,953 | -€792 | -1.3% |
| Trade receivables | 40 | €49,665 | €56,830 | +€7,165 | +14.4% |
| Other amounts receivable | 41 | €10,080 | €2,124 | -€7,957 | -78.9% |
| Cash at bank and in hand | 54/58 | €137,384 | €90,213 | -€47,171 | -34.3% |
| Deferred charges and accrued income | 490/1 | €3,070 | €179,752 | +€176,682 | +5755.5% |
| Total equity and liabilities | 10/49 | €235,093 | €493,432 | +€258,339 | +109.9% |
| Equity | 10/15 | €102,928 | €160,726 | +€57,798 | +56.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,928 | €154,726 | +€57,798 | +59.6% |
| Amounts payable | 17/49 | €132,165 | €332,706 | +€200,541 | +151.7% |
| Amounts payable after more than one year | 17 | €21,717 | €8,164 | -€13,553 | -62.4% |
| Financial debts | 170/4 | €21,717 | €8,164 | -€13,553 | -62.4% |
| Amounts payable within one year | 42/48 | €110,448 | €323,034 | +€212,586 | +192.5% |
| Current portion of amounts payable after more than one year | 42 | €13,014 | €13,553 | +€539 | +4.1% |
| Trade debts | 44 | €32,832 | €296,502 | +€263,670 | +803.1% |
| Suppliers | 440/4 | €32,832 | €296,502 | +€263,670 | +803.1% |
| Advances received on contracts in progress | 46 | €58,800 | - | -€58,800 | |
| Taxes, remuneration and social security | 45 | €5,802 | €12,978 | +€7,176 | +123.7% |
| Taxes | 450/3 | €5,802 | €10,187 | +€4,385 | +75.6% |
| Remuneration and social security | 454/9 | - | €2,792 | +€2,792 | |
| Accrued charges and deferred income | 492/3 | - | €1,508 | +€1,508 | |
| Remuneration, social security and pensions | 62 | - | €39,212 | +€39,212 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,940 | €13,249 | +€8,309 | +168.2% |
| Other operating charges | 640/8 | €2,009 | €2,650 | +€641 | +31.9% |
| Non-recurring operating charges | 66A | €12,155 | €14,662 | +€2,507 | +20.6% |
| Gross operating margin | 9900 | €82,848 | €154,962 | +€72,114 | +87.0% |
| Operating profit (loss) | 9901 | €63,744 | €85,190 | +€21,445 | +33.6% |
| Financial income | 75/76B | €279 | €125 | -€154 | -55.1% |
| Recurring financial income | 75 | €279 | €125 | -€154 | -55.1% |
| Financial charges | 65/66B | €2,851 | €3,012 | +€161 | +5.6% |
| Recurring financial charges | 65 | €2,851 | €3,012 | +€161 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €61,172 | €82,303 | +€21,131 | +34.5% |
| Income taxes | 67/77 | €15,729 | €24,505 | +€8,775 | +55.8% |
| Profit (loss) for the period | 9904 | €45,442 | €57,798 | +€12,356 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,442 | €57,798 | +€12,356 | +27.2% |
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 11 October 2026 via checked.be.