3MT: 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.
3MT
Largest movements
- Cash -€105,196
down €105,196 (-58.0%), from €181,260 to €76,064
mainly Other debts (-€79,867) and Contributions, distributions and other (-€25,000)
- Receivables within one year +€16,602
up €16,602 (+32.8%), from €50,677 to €67,280
of which Trade receivables: +€15,710
- Tangible fixed assets +€3,660
up €3,660 (+6.8%), from €53,826 to €57,486
of which Assets under construction and advance payments: +€12,900
- Other debts -€79,867
down €79,867 (-59.6%), from €134,005 to €54,138
- Trade debts +€21,611
up €21,611 (+68.1%), from €31,742 to €53,353
- Tax, wage and social debts -€17,780
down €17,780 (-28.5%), from €62,376 to €44,596
of which Taxes: -€17,688
- Debts after one year -€8,315
down €8,315 (-74.7%), from €11,130 to €2,815
- Staff costs +€57,236
up €57,236 (+65.8%), from €87,003 to €144,239
- Financial income +€6,480
up €6,480 (+443861.6%), from €1 to €6,482
- Gross operating margin -€3,674
down €3,674 (-2.0%), from €182,194 to €178,519
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 | €300,081 | €217,308 | -€82,773 | -27.6% |
| Fixed assets | 21/28 | €54,296 | €57,956 | +€3,660 | +6.7% |
| Tangible fixed assets | 22/27 | €53,826 | €57,486 | +€3,660 | +6.8% |
| Plant, machinery and equipment | 23 | €6,700 | €3,788 | -€2,912 | -43.5% |
| Furniture and vehicles | 24 | €341 | €217 | -€124 | -36.3% |
| Other tangible fixed assets | 26 | €46,785 | €40,581 | -€6,204 | -13.3% |
| Assets under construction and advance payments | 27 | - | €12,900 | +€12,900 | |
| Financial fixed assets | 28 | €470 | €470 | = | 0.0% |
| Current assets | 29/58 | €245,785 | €159,352 | -€86,433 | -35.2% |
| Stocks and contracts in progress | 3 | €12,786 | €15,733 | +€2,947 | +23.0% |
| Stocks | 30/36 | €12,786 | €15,733 | +€2,947 | +23.0% |
| Amounts receivable within one year | 40/41 | €50,677 | €67,280 | +€16,602 | +32.8% |
| Trade receivables | 40 | €26,500 | €42,210 | +€15,710 | +59.3% |
| Other amounts receivable | 41 | €24,177 | €25,069 | +€892 | +3.7% |
| Cash at bank and in hand | 54/58 | €181,260 | €76,064 | -€105,196 | -58.0% |
| Deferred charges and accrued income | 490/1 | €1,062 | €276 | -€786 | -74.0% |
| Total equity and liabilities | 10/49 | €300,081 | €217,308 | -€82,773 | -27.6% |
| Equity | 10/15 | €52,707 | €54,091 | +€1,385 | +2.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,707 | €32,091 | +€1,385 | +4.5% |
| Amounts payable | 17/49 | €247,375 | €163,217 | -€84,158 | -34.0% |
| Amounts payable after more than one year | 17 | €11,130 | €2,815 | -€8,315 | -74.7% |
| Financial debts | 170/4 | €11,130 | €2,815 | -€8,315 | -74.7% |
| Amounts payable within one year | 42/48 | €236,245 | €160,402 | -€75,843 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €8,122 | €8,315 | +€193 | +2.4% |
| Trade debts | 44 | €31,742 | €53,353 | +€21,611 | +68.1% |
| Suppliers | 440/4 | €31,742 | €53,353 | +€21,611 | +68.1% |
| Taxes, remuneration and social security | 45 | €62,376 | €44,596 | -€17,780 | -28.5% |
| Taxes | 450/3 | €48,311 | €30,623 | -€17,688 | -36.6% |
| Remuneration and social security | 454/9 | €14,065 | €13,973 | -€92 | -0.7% |
| Other amounts payable | 47/48 | €134,005 | €54,138 | -€79,867 | -59.6% |
| Non-recurring operating income | 76A | €0 | €56 | +€56 | +42861.5% |
| Remuneration, social security and pensions | 62 | €87,003 | €144,239 | +€57,236 | +65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,240 | €9,240 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,090 | €1,146 | +€56 | +5.1% |
| Non-recurring operating charges | 66A | - | €367 | +€367 | |
| Gross operating margin | 9900 | €182,194 | €178,519 | -€3,674 | -2.0% |
| Operating profit (loss) | 9901 | €84,861 | €23,528 | -€61,333 | -72.3% |
| Financial income | 75/76B | €1 | €6,482 | +€6,480 | +443861.6% |
| Recurring financial income | 75 | €1 | €6,482 | +€6,480 | +443861.6% |
| Financial charges | 65/66B | €2,292 | €2,041 | -€251 | -11.0% |
| Recurring financial charges | 65 | €2,292 | €2,041 | -€251 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €82,570 | €27,968 | -€54,601 | -66.1% |
| Income taxes | 67/77 | €2,512 | €1,584 | -€928 | -37.0% |
| Profit (loss) for the period | 9904 | €80,058 | €26,385 | -€53,673 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,058 | €26,385 | -€53,673 | -67.0% |
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 30 September 2026 via checked.be.