3S-LINE: 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-LINE
Largest movements
- Tangible fixed assets -€50,819
down €50,819 (-34.7%), from €146,542 to €95,722
of which Leasing and similar rights: -€52,625
- Receivables within one year -€31,877
down €31,877 (-64.6%), from €49,321 to €17,444
of which Trade receivables: -€29,152
- Cash +€28,716
up €28,716 (+48.0%), from €59,866 to €88,581
mainly Net result for the year (+€42,882) and Investment in fixed assets (net) (+€32,046)
- Debts after one year -€60,382
down €60,382 (-69.4%), from €87,007 to €26,625
- Reserves +€42,882
up €42,882 (+58.0%), from €73,918 to €116,800
- Current portion of long-term debt -€19,656
down €19,656 (-47.4%), from €41,507 to €21,851
- Tax, wage and social debts -€8,422
down €8,422 (-45.9%), from €18,363 to €9,941
of which Taxes: -€10,172
- Other debts -€7,661
down €7,661 (-47.6%), from €16,082 to €8,421
- Gross operating margin +€62,090
up €62,090 (+197%), from €31,528 to €93,617
- Depreciation -€40,728
down €40,728 (-66.9%), from €60,850 to €20,122
- Taxes +€7,299
up €7,299 (+671%), from €1,088 to €8,388
- Other operating charges -€2,195
down €2,195 (-17.8%), from €12,346 to €10,151
- Financial charges +€1,143
up €1,143 (+27.8%), from €4,111 to €5,253
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.
Derived cash bridge
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 | €263,121 | €206,624 | -€56,497 | -21.5% |
| Fixed assets | 21/28 | €152,465 | €100,297 | -€52,168 | -34.2% |
| Intangible fixed assets | 21 | €5,923 | €4,575 | -€1,348 | -22.8% |
| Tangible fixed assets | 22/27 | €146,542 | €95,722 | -€50,819 | -34.7% |
| Plant, machinery and equipment | 23 | €6,334 | €4,772 | -€1,562 | -24.7% |
| Furniture and vehicles | 24 | €84,031 | €87,758 | +€3,726 | +4.4% |
| Leasing and similar rights | 25 | €52,625 | €0 | -€52,625 | -100% |
| Other tangible fixed assets | 26 | €3,552 | €3,192 | -€360 | -10.1% |
| Current assets | 29/58 | €110,656 | €106,327 | -€4,329 | -3.9% |
| Amounts receivable within one year | 40/41 | €49,321 | €17,444 | -€31,877 | -64.6% |
| Trade receivables | 40 | €41,762 | €12,610 | -€29,152 | -69.8% |
| Other amounts receivable | 41 | €7,559 | €4,834 | -€2,725 | -36.0% |
| Cash at bank and in hand | 54/58 | €59,866 | €88,581 | +€28,716 | +48.0% |
| Deferred charges and accrued income | 490/1 | €1,470 | €302 | -€1,168 | -79.5% |
| Total equity and liabilities | 10/49 | €263,121 | €206,624 | -€56,497 | -21.5% |
| Equity | 10/15 | €78,918 | €121,800 | +€42,882 | +54.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €73,918 | €116,800 | +€42,882 | +58.0% |
| Distributable reserves | 133 | €73,918 | €116,800 | +€42,882 | +58.0% |
| Amounts payable | 17/49 | €184,203 | €84,824 | -€99,379 | -54.0% |
| Amounts payable after more than one year | 17 | €87,007 | €26,625 | -€60,382 | -69.4% |
| Financial debts | 170/4 | €87,007 | €26,625 | -€60,382 | -69.4% |
| Amounts payable within one year | 42/48 | €97,196 | €58,200 | -€38,996 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €41,507 | €21,851 | -€19,656 | -47.4% |
| Trade debts | 44 | €21,244 | €17,987 | -€3,257 | -15.3% |
| Suppliers | 440/4 | €21,244 | €17,987 | -€3,257 | -15.3% |
| Taxes, remuneration and social security | 45 | €18,363 | €9,941 | -€8,422 | -45.9% |
| Taxes | 450/3 | €18,363 | €8,191 | -€10,172 | -55.4% |
| Remuneration and social security | 454/9 | - | €1,750 | +€1,750 | |
| Other amounts payable | 47/48 | €16,082 | €8,421 | -€7,661 | -47.6% |
| Non-recurring operating income | 76A | - | €85,375 | +€85,375 | |
| Remuneration, social security and pensions | 62 | - | €557 | +€557 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,850 | €20,122 | -€40,728 | -66.9% |
| Other operating charges | 640/8 | €12,346 | €10,151 | -€2,195 | -17.8% |
| Non-recurring operating charges | 66A | - | €6,266 | +€6,266 | |
| Gross operating margin | 9900 | €31,528 | €93,617 | +€62,090 | +197% |
| Operating profit (loss) | 9901 | -€41,669 | €56,521 | +€98,189 | |
| Financial income | 75/76B | €288 | €3 | -€286 | -99.1% |
| Recurring financial income | 75 | €288 | €3 | -€286 | -99.1% |
| Financial charges | 65/66B | €4,111 | €5,253 | +€1,143 | +27.8% |
| Recurring financial charges | 65 | €4,111 | €5,253 | +€1,143 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | -€45,491 | €51,270 | +€96,761 | |
| Income taxes | 67/77 | €1,088 | €8,388 | +€7,299 | +671% |
| Profit (loss) for the period | 9904 | -€46,579 | €42,882 | +€89,461 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,579 | €42,882 | +€89,461 |
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 16 October 2026 via checked.be.