3N: 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.
3N
Largest movements
- Receivables within one year +€31,836
up €31,836 (+15.8%), from €201,284 to €233,121
of which Other amounts receivable: +€88,459
- Cash +€24,679
up €24,679 (+89.1%), from €27,695 to €52,374
mainly Net result for the year (+€140,417) and Depreciation (+€21,708)
- Tangible fixed assets +€13,303
up €13,303 (+30.8%), from €43,223 to €56,526
of which Furniture and vehicles: +€15,714
- Stocks and contracts +€10,459
new in 2024: €10,459
- Profit (loss) carried forward +€140,417
up €140,417 (+221%), from €63,449 to €203,866
- Debts after one year -€55,834
down €55,834 (-47.7%), from €117,028 to €61,194
- Trade debts -€41,818
down €41,818 (-72.6%), from €57,599 to €15,782
- Current portion of long-term debt +€20,202
up €20,202 (+117%), from €17,226 to €37,428
- Tax, wage and social debts +€17,309
new in 2024: €17,309
of which Taxes: +€13,448
- Gross operating margin +€142,630
up €142,630 (+251%), from €56,789 to €199,419
- Staff costs +€27,926
new in 2024: €27,926
- Depreciation +€8,341
up €8,341 (+62.4%), from €13,368 to €21,708
- Financial charges +€2,957
up €2,957 (+78.6%), from €3,764 to €6,721
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €272,202 | €352,478 | +€80,276 | +29.5% |
| Fixed assets | 21/28 | €43,223 | €56,526 | +€13,303 | +30.8% |
| Tangible fixed assets | 22/27 | €43,223 | €56,526 | +€13,303 | +30.8% |
| Plant, machinery and equipment | 23 | €1,000 | €500 | -€500 | -50.0% |
| Furniture and vehicles | 24 | €33,019 | €48,733 | +€15,714 | +47.6% |
| Leasing and similar rights | 25 | €9,204 | €7,292 | -€1,912 | -20.8% |
| Current assets | 29/58 | €228,979 | €295,953 | +€66,974 | +29.2% |
| Stocks and contracts in progress | 3 | - | €10,459 | +€10,459 | |
| Stocks | 30/36 | - | €10,459 | +€10,459 | |
| Amounts receivable within one year | 40/41 | €201,284 | €233,121 | +€31,836 | +15.8% |
| Trade receivables | 40 | €65,197 | €8,574 | -€56,623 | -86.8% |
| Other amounts receivable | 41 | €136,088 | €224,547 | +€88,459 | +65.0% |
| Cash at bank and in hand | 54/58 | €27,695 | €52,374 | +€24,679 | +89.1% |
| Total equity and liabilities | 10/49 | €272,202 | €352,478 | +€80,276 | +29.5% |
| Equity | 10/15 | €80,349 | €220,766 | +€140,417 | +175% |
| Contributions | 10/11 | €16,900 | €16,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,449 | €203,866 | +€140,417 | +221% |
| Amounts payable | 17/49 | €191,853 | €131,713 | -€60,141 | -31.3% |
| Amounts payable after more than one year | 17 | €117,028 | €61,194 | -€55,834 | -47.7% |
| Financial debts | 170/4 | €117,028 | €61,194 | -€55,834 | -47.7% |
| Amounts payable within one year | 42/48 | €74,825 | €70,519 | -€4,306 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €17,226 | €37,428 | +€20,202 | +117% |
| Trade debts | 44 | €57,599 | €15,782 | -€41,818 | -72.6% |
| Suppliers | 440/4 | €57,599 | €15,782 | -€41,818 | -72.6% |
| Taxes, remuneration and social security | 45 | - | €17,309 | +€17,309 | |
| Taxes | 450/3 | - | €13,448 | +€13,448 | |
| Remuneration and social security | 454/9 | - | €3,862 | +€3,862 | |
| Remuneration, social security and pensions | 62 | - | €27,926 | +€27,926 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,368 | €21,708 | +€8,341 | +62.4% |
| Other operating charges | 640/8 | €2,749 | €2,647 | -€102 | -3.7% |
| Non-recurring operating charges | 66A | €5,320 | - | -€5,320 | |
| Gross operating margin | 9900 | €56,789 | €199,419 | +€142,630 | +251% |
| Operating profit (loss) | 9901 | €35,353 | €147,139 | +€111,786 | +316% |
| Financial charges | 65/66B | €3,764 | €6,721 | +€2,957 | +78.6% |
| Recurring financial charges | 65 | €3,764 | €6,721 | +€2,957 | +78.6% |
| Profit (loss) for the period before taxes | 9903 | €31,589 | €140,417 | +€108,829 | +345% |
| Profit (loss) for the period | 9904 | €31,589 | €140,417 | +€108,829 | +345% |
| Profit (loss) for the period to be appropriated | 9905 | €31,589 | €140,417 | +€108,829 | +345% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.