3MER Partners: 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.
3MER Partners
Largest movements
- Receivables within one year +€50,679
up €50,679 (+75.6%), from €67,028 to €117,706
of which Other amounts receivable: +€114,554
- Financial fixed assets +€5,300
up €5,300 (+45.5%), from €11,660 to €16,960
- Cash -€2,194
down €2,194 (-9.5%), from €23,134 to €20,940
mainly Receivables within one year (-€50,679) and Other debts (-€31,124)
- Trade debts +€69,788
up €69,788 (+156%), from €44,727 to €114,514
- Other debts -€31,124
down €31,124 (-100%), from €31,124 to €0
- Reserves +€13,348
up €13,348 (+48.8%), from €27,345 to €40,693
- Tax, wage and social debts +€1,734
up €1,734 (+25.0%), from €6,934 to €8,668
- Gross operating margin -€23,278
down €23,278 (-66.3%), from €35,132 to €11,854
- Taxes -€5,201
down €5,201 (-75.0%), from €6,934 to €1,734
- Financial income +€4,131
up €4,131 (+8,261,060%), from €0 to €4,131
- Financial charges +€422
up €422 (+1,633%), from €26 to €448
- Other operating charges -€372
down €372 (-45.0%), from €827 to €455
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,130 | €163,915 | +€53,785 | +48.8% |
| Fixed assets | 21/28 | €11,660 | €16,960 | +€5,300 | +45.5% |
| Financial fixed assets | 28 | €11,660 | €16,960 | +€5,300 | +45.5% |
| Current assets | 29/58 | €98,471 | €146,955 | +€48,485 | +49.2% |
| Amounts receivable within one year | 40/41 | €67,028 | €117,706 | +€50,679 | +75.6% |
| Trade receivables | 40 | €63,875 | €0 | -€63,875 | -100% |
| Other amounts receivable | 41 | €3,153 | €117,706 | +€114,554 | +3,634% |
| Cash at bank and in hand | 54/58 | €23,134 | €20,940 | -€2,194 | -9.5% |
| Deferred charges and accrued income | 490/1 | €8,309 | €8,309 | = | 0.0% |
| Total equity and liabilities | 10/49 | €110,130 | €163,915 | +€53,785 | +48.8% |
| Equity | 10/15 | €27,345 | €40,693 | +€13,348 | +48.8% |
| Reserves | 13 | €27,345 | €40,693 | +€13,348 | +48.8% |
| Distributable reserves | 133 | €27,345 | €40,693 | +€13,348 | +48.8% |
| Amounts payable | 17/49 | €82,786 | €123,222 | +€40,436 | +48.8% |
| Amounts payable within one year | 42/48 | €82,786 | €123,182 | +€40,397 | +48.8% |
| Trade debts | 44 | €44,727 | €114,514 | +€69,788 | +156% |
| Suppliers | 440/4 | €44,727 | €114,514 | +€69,788 | +156% |
| Taxes, remuneration and social security | 45 | €6,934 | €8,668 | +€1,734 | +25.0% |
| Taxes | 450/3 | €6,934 | €8,668 | +€1,734 | +25.0% |
| Other amounts payable | 47/48 | €31,124 | €0 | -€31,124 | -100% |
| Accrued charges and deferred income | 492/3 | - | €40 | +€40 | |
| Other operating charges | 640/8 | €827 | €455 | -€372 | -45.0% |
| Gross operating margin | 9900 | €35,132 | €11,854 | -€23,278 | -66.3% |
| Operating profit (loss) | 9901 | €34,305 | €11,399 | -€22,906 | -66.8% |
| Financial income | 75/76B | €0 | €4,131 | +€4,131 | +8,261,060% |
| Recurring financial income | 75 | €0 | €4,131 | +€4,131 | +8,261,060% |
| Financial charges | 65/66B | €26 | €448 | +€422 | +1,633% |
| Recurring financial charges | 65 | €26 | €448 | +€422 | +1,633% |
| Profit (loss) for the period before taxes | 9903 | €34,279 | €15,082 | -€19,198 | -56.0% |
| Income taxes | 67/77 | €6,934 | €1,734 | -€5,201 | -75.0% |
| Profit (loss) for the period | 9904 | €27,345 | €13,348 | -€13,997 | -51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,345 | €13,348 | -€13,997 | -51.2% |
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 15 October 2026 via checked.be.