3S: 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.
3S
Largest movements
- Receivables within one year +€63,390
up €63,390 (+367.4%), from €17,252 to €80,642
of which Other amounts receivable: +€61,273
- Cash +€18,640
up €18,640 (+12.6%), from €147,557 to €166,197
mainly Net result for the year (+€76,081) and Tax, wage and social debts (+€6,206)
- Reserves +€76,081
up €76,081 (+54.1%), from €140,558 to €216,639
- Tax, wage and social debts +€6,206
up €6,206 (+23.3%), from €26,600 to €32,806
- Gross operating margin +€5,857
up €5,857 (+6.1%), from €95,467 to €101,324
- Taxes +€2,033
up €2,033 (+10.9%), from €18,607 to €20,640
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 | €169,467 | €252,546 | +€83,079 | +49.0% |
| Fixed assets | 21/28 | €2,572 | €2,510 | -€62 | -2.4% |
| Tangible fixed assets | 22/27 | €2,572 | €2,510 | -€62 | -2.4% |
| Plant, machinery and equipment | 23 | €1,212 | €1,580 | +€368 | +30.4% |
| Furniture and vehicles | 24 | €1,360 | €930 | -€430 | -31.6% |
| Current assets | 29/58 | €166,895 | €250,036 | +€83,141 | +49.8% |
| Amounts receivable within one year | 40/41 | €17,252 | €80,642 | +€63,390 | +367.4% |
| Trade receivables | 40 | €16,517 | €18,634 | +€2,117 | +12.8% |
| Other amounts receivable | 41 | €735 | €62,008 | +€61,273 | +8336.5% |
| Cash at bank and in hand | 54/58 | €147,557 | €166,197 | +€18,640 | +12.6% |
| Deferred charges and accrued income | 490/1 | €2,086 | €3,197 | +€1,111 | +53.3% |
| Total equity and liabilities | 10/49 | €169,467 | €252,546 | +€83,079 | +49.0% |
| Equity | 10/15 | €142,558 | €218,639 | +€76,081 | +53.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €140,558 | €216,639 | +€76,081 | +54.1% |
| Distributable reserves | 133 | €140,558 | €216,639 | +€76,081 | +54.1% |
| Amounts payable | 17/49 | €26,909 | €33,907 | +€6,998 | +26.0% |
| Amounts payable within one year | 42/48 | €26,909 | €33,907 | +€6,998 | +26.0% |
| Trade debts | 44 | €309 | €1,101 | +€792 | +256.3% |
| Suppliers | 440/4 | €309 | €1,101 | +€792 | +256.3% |
| Taxes, remuneration and social security | 45 | €26,600 | €32,806 | +€6,206 | +23.3% |
| Taxes | 450/3 | €26,600 | €32,806 | +€6,206 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,204 | €1,314 | +€110 | +9.1% |
| Other operating charges | 640/8 | €3,601 | €3,652 | +€51 | +1.4% |
| Non-recurring operating charges | 66A | €100 | - | -€100 | |
| Gross operating margin | 9900 | €95,467 | €101,324 | +€5,857 | +6.1% |
| Operating profit (loss) | 9901 | €90,562 | €96,358 | +€5,796 | +6.4% |
| Financial income | 75/76B | €13 | €434 | +€421 | +3238.5% |
| Recurring financial income | 75 | €13 | €434 | +€421 | +3238.5% |
| Financial charges | 65/66B | €43 | €71 | +€28 | +65.1% |
| Recurring financial charges | 65 | €43 | €71 | +€28 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | €90,532 | €96,721 | +€6,189 | +6.8% |
| Income taxes | 67/77 | €18,607 | €20,640 | +€2,033 | +10.9% |
| Profit (loss) for the period | 9904 | €71,925 | €76,081 | +€4,156 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,925 | €76,081 | +€4,156 | +5.8% |
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 10 October 2026 via checked.be.