3S: 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.
3S
Largest movements
- Stocks and contracts +€7,698
up €7,698 (+199.7%), from €3,855 to €11,553
- Tangible fixed assets -€2,117
down €2,117 (-39.9%), from €5,301 to €3,184
- Cash -€1,546
down €1,546 (-14.0%), from €11,015 to €9,468
mainly Stocks and contracts (-€7,698) and Investment in fixed assets (net) (-€880)
- Receivables within one year -€783
down €783 (-18.3%), from €4,284 to €3,501
of which Trade receivables: -€781
- Profit (loss) carried forward +€4,360
up €4,360 (+623.5%), from €699 to €5,059
- Trade debts -€628
down €628 (-42.8%), from €1,468 to €840
- Other debts -€611
down €611 (-5.3%), from €11,508 to €10,898
- Gross operating margin +€1,082
up €1,082 (+16.6%), from €6,500 to €7,582
- Other operating charges -€383
down €383 (-71.0%), from €539 to €157
- Depreciation +€112
up €112 (+3.9%), from €2,885 to €2,997
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 | €24,455 | €27,707 | +€3,252 | +13.3% |
| Fixed assets | 21/28 | €5,301 | €3,184 | -€2,117 | -39.9% |
| Tangible fixed assets | 22/27 | €5,301 | €3,184 | -€2,117 | -39.9% |
| Plant, machinery and equipment | 23 | €5,301 | €3,184 | -€2,117 | -39.9% |
| Current assets | 29/58 | €19,154 | €24,523 | +€5,369 | +28.0% |
| Stocks and contracts in progress | 3 | €3,855 | €11,553 | +€7,698 | +199.7% |
| Stocks | 30/36 | €3,855 | €11,553 | +€7,698 | +199.7% |
| Amounts receivable within one year | 40/41 | €4,284 | €3,501 | -€783 | -18.3% |
| Trade receivables | 40 | €3,282 | €2,501 | -€781 | -23.8% |
| Other amounts receivable | 41 | €1,002 | €1,000 | -€2 | -0.2% |
| Cash at bank and in hand | 54/58 | €11,015 | €9,468 | -€1,546 | -14.0% |
| Total equity and liabilities | 10/49 | €24,455 | €27,707 | +€3,252 | +13.3% |
| Equity | 10/15 | €6,897 | €11,256 | +€4,360 | +63.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €699 | €5,059 | +€4,360 | +623.5% |
| Amounts payable | 17/49 | €17,558 | €16,450 | -€1,108 | -6.3% |
| Amounts payable within one year | 42/48 | €17,558 | €16,450 | -€1,108 | -6.3% |
| Trade debts | 44 | €1,468 | €840 | -€628 | -42.8% |
| Suppliers | 440/4 | €1,468 | €840 | -€628 | -42.8% |
| Taxes, remuneration and social security | 45 | €4,582 | €4,713 | +€130 | +2.8% |
| Taxes | 450/3 | €4,582 | €4,713 | +€130 | +2.8% |
| Other amounts payable | 47/48 | €11,508 | €10,898 | -€611 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,885 | €2,997 | +€112 | +3.9% |
| Other operating charges | 640/8 | €539 | €157 | -€383 | -71.0% |
| Gross operating margin | 9900 | €6,500 | €7,582 | +€1,082 | +16.6% |
| Operating profit (loss) | 9901 | €3,077 | €4,429 | +€1,352 | +43.9% |
| Financial charges | 65/66B | €65 | €69 | +€4 | +5.6% |
| Recurring financial charges | 65 | €65 | €69 | +€4 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €3,011 | €4,360 | +€1,348 | +44.8% |
| Profit (loss) for the period | 9904 | €3,011 | €4,360 | +€1,348 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,011 | €4,360 | +€1,348 | +44.8% |
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 4 October 2026 via checked.be.