3MC: 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.
3MC
Largest movements
- Tangible fixed assets -€16,007
down €16,007 (-75.2%), from €21,296 to €5,289
of which Furniture and vehicles: -€14,506
- Cash -€8,927
down €8,927 (-93.2%), from €9,579 to €652
mainly Net result for the year (-€64,775) and Debts after one year (-€9,216)
- Receivables within one year +€5,809
up €5,809 (+161.6%), from €3,596 to €9,405
of which Trade receivables: +€5,596
- Profit (loss) carried forward -€64,775
down €64,775 (-85.9%), from -€75,446 to -€140,220
- Other debts +€52,344
up €52,344 (+468.5%), from €11,172 to €63,516
- Debts after one year -€9,216
down €9,216 (-100.0%), from €9,216 to €0
- Trade debts +€7,669
up €7,669 (+928.2%), from €826 to €8,495
- Current portion of long-term debt -€6,436
down €6,436 (-41.1%), from €15,653 to €9,216
- Depreciation -€10,527
down €10,527 (-39.7%), from €26,534 to €16,007
- Gross operating margin +€6,632
up €6,632 (+12.1%), from -€54,718 to -€48,087
- Other operating charges +€580
up €580 (+161.5%), from €359 to €939
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 | €87,846 | €69,466 | -€18,380 | -20.9% |
| Fixed assets | 21/28 | €21,296 | €5,289 | -€16,007 | -75.2% |
| Tangible fixed assets | 22/27 | €21,296 | €5,289 | -€16,007 | -75.2% |
| Plant, machinery and equipment | 23 | €1,817 | €766 | -€1,051 | -57.8% |
| Furniture and vehicles | 24 | €16,516 | €2,011 | -€14,506 | -87.8% |
| Other tangible fixed assets | 26 | €2,963 | €2,513 | -€450 | -15.2% |
| Current assets | 29/58 | €66,550 | €64,177 | -€2,374 | -3.6% |
| Amounts receivable after more than one year | 29 | €52,000 | €52,000 | = | 0.0% |
| Other amounts receivable | 291 | €52,000 | €52,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,596 | €9,405 | +€5,809 | +161.6% |
| Trade receivables | 40 | €1,973 | €7,569 | +€5,596 | +283.6% |
| Other amounts receivable | 41 | €1,622 | €1,836 | +€213 | +13.1% |
| Cash at bank and in hand | 54/58 | €9,579 | €652 | -€8,927 | -93.2% |
| Deferred charges and accrued income | 490/1 | €1,375 | €2,119 | +€744 | +54.1% |
| Total equity and liabilities | 10/49 | €87,846 | €69,466 | -€18,380 | -20.9% |
| Equity | 10/15 | €50,523 | -€14,252 | -€64,775 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €119,768 | €119,768 | = | 0.0% |
| Distributable reserves | 133 | €119,768 | €119,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,446 | -€140,220 | -€64,775 | -85.9% |
| Amounts payable | 17/49 | €37,323 | €83,718 | +€46,395 | +124.3% |
| Amounts payable after more than one year | 17 | €9,216 | €0 | -€9,216 | -100.0% |
| Financial debts | 170/4 | €9,216 | €0 | -€9,216 | -100.0% |
| Amounts payable within one year | 42/48 | €28,007 | €81,578 | +€53,571 | +191.3% |
| Current portion of amounts payable after more than one year | 42 | €15,653 | €9,216 | -€6,436 | -41.1% |
| Trade debts | 44 | €826 | €8,495 | +€7,669 | +928.2% |
| Suppliers | 440/4 | €826 | €8,495 | +€7,669 | +928.2% |
| Taxes, remuneration and social security | 45 | €356 | €351 | -€6 | -1.6% |
| Taxes | 450/3 | €356 | €351 | -€6 | -1.6% |
| Other amounts payable | 47/48 | €11,172 | €63,516 | +€52,344 | +468.5% |
| Accrued charges and deferred income | 492/3 | €100 | €2,140 | +€2,040 | +2040.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,534 | €16,007 | -€10,527 | -39.7% |
| Other operating charges | 640/8 | €359 | €939 | +€580 | +161.5% |
| Gross operating margin | 9900 | -€54,718 | -€48,087 | +€6,632 | +12.1% |
| Operating profit (loss) | 9901 | -€81,611 | -€65,032 | +€16,579 | +20.3% |
| Financial income | 75/76B | €1,410 | €1,890 | +€480 | +34.1% |
| Recurring financial income | 75 | €1,410 | €1,890 | +€480 | +34.1% |
| Financial charges | 65/66B | €1,726 | €1,242 | -€484 | -28.1% |
| Recurring financial charges | 65 | €1,726 | €1,242 | -€484 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | -€81,927 | -€64,383 | +€17,544 | +21.4% |
| Income taxes | 67/77 | €358 | €391 | +€33 | +9.3% |
| Profit (loss) for the period | 9904 | -€82,285 | -€64,775 | +€17,511 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,285 | -€64,775 | +€17,511 | +21.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.