3MOORS: 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.
3MOORS
Largest movements
- Current investments +€118,173
up €118,173 (+11.9%), from €990,951 to €1.1m
- Receivables after one year -€34,250
no longer reported in 2025 (was €34,250)
- Cash -€23,683
down €23,683 (-19.9%), from €119,206 to €95,523
mainly Contributions, distributions and other (-€213,442) and Current investments (-€118,173)
- Receivables within one year -€19,540
down €19,540 (-92.8%), from €21,055 to €1,514
of which Trade receivables: -€18,150
- Other debts +€103,470
up €103,470 (+8872.4%), from €1,166 to €104,637
- Reserves -€79,689
down €79,689 (-7.3%), from €1.1m to €1.0m
- Tax, wage and social debts +€15,722
up €15,722 (+26.9%), from €58,504 to €74,225
of which Taxes: +€13,520
- Gross operating margin -€251,307
down €251,307 (-56.3%), from €446,124 to €194,817
- Taxes -€80,943
down €80,943 (-56.0%), from €144,520 to €63,577
- Financial income -€7,553
down €7,553 (-33.5%), from €22,544 to €14,991
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 | €1,194,167 | €1,222,700 | +€28,533 | +2.4% |
| Fixed assets | 21/28 | €22,656 | €11,092 | -€11,564 | -51.0% |
| Tangible fixed assets | 22/27 | €22,656 | €11,092 | -€11,564 | -51.0% |
| Furniture and vehicles | 24 | €20,440 | €10,552 | -€9,888 | -48.4% |
| Other tangible fixed assets | 26 | €2,216 | €540 | -€1,676 | -75.6% |
| Current assets | 29/58 | €1,171,511 | €1,211,608 | +€40,097 | +3.4% |
| Amounts receivable after more than one year | 29 | €34,250 | - | -€34,250 | |
| Other amounts receivable | 291 | €34,250 | - | -€34,250 | |
| Amounts receivable within one year | 40/41 | €21,055 | €1,514 | -€19,540 | -92.8% |
| Trade receivables | 40 | €18,150 | - | -€18,150 | |
| Other amounts receivable | 41 | €2,905 | €1,514 | -€1,390 | -47.9% |
| Current investments | 50/53 | €990,951 | €1,109,124 | +€118,173 | +11.9% |
| Cash at bank and in hand | 54/58 | €119,206 | €95,523 | -€23,683 | -19.9% |
| Deferred charges and accrued income | 490/1 | €6,050 | €5,447 | -€603 | -10.0% |
| Total equity and liabilities | 10/49 | €1,194,167 | €1,222,700 | +€28,533 | +2.4% |
| Equity | 10/15 | €1,105,433 | €1,025,744 | -€79,689 | -7.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,086,883 | €1,007,194 | -€79,689 | -7.3% |
| Distributable reserves | 133 | €1,086,883 | €1,007,194 | -€79,689 | -7.3% |
| Amounts payable | 17/49 | €88,734 | €196,956 | +€108,222 | +122.0% |
| Amounts payable after more than one year | 17 | €15,606 | €7,185 | -€8,421 | -54.0% |
| Financial debts | 170/4 | €15,606 | €7,185 | -€8,421 | -54.0% |
| Amounts payable within one year | 42/48 | €73,128 | €189,771 | +€116,642 | +159.5% |
| Current portion of amounts payable after more than one year | 42 | €8,206 | €8,421 | +€215 | +2.6% |
| Trade debts | 44 | €5,253 | €2,488 | -€2,764 | -52.6% |
| Suppliers | 440/4 | €5,253 | €2,488 | -€2,764 | -52.6% |
| Taxes, remuneration and social security | 45 | €58,504 | €74,225 | +€15,722 | +26.9% |
| Taxes | 450/3 | €58,504 | €72,023 | +€13,520 | +23.1% |
| Remuneration and social security | 454/9 | - | €2,202 | +€2,202 | |
| Other amounts payable | 47/48 | €1,166 | €104,637 | +€103,470 | +8872.4% |
| Non-recurring operating income | 76A | €276,585 | - | -€276,585 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,975 | €10,368 | +€393 | +3.9% |
| Other operating charges | 640/8 | €565 | €1,357 | +€792 | +140.2% |
| Gross operating margin | 9900 | €446,124 | €194,817 | -€251,307 | -56.3% |
| Operating profit (loss) | 9901 | €435,584 | €183,092 | -€252,492 | -58.0% |
| Financial income | 75/76B | €22,544 | €14,991 | -€7,553 | -33.5% |
| Recurring financial income | 75 | €22,544 | €14,991 | -€7,553 | -33.5% |
| Financial charges | 65/66B | €3,765 | €753 | -€3,012 | -80.0% |
| Recurring financial charges | 65 | €3,765 | €753 | -€3,012 | -80.0% |
| Profit (loss) for the period before taxes | 9903 | €454,363 | €197,330 | -€257,033 | -56.6% |
| Income taxes | 67/77 | €144,520 | €63,577 | -€80,943 | -56.0% |
| Profit (loss) for the period | 9904 | €309,843 | €133,753 | -€176,090 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €309,843 | €133,753 | -€176,090 | -56.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.