3SA: 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.
3SA
Largest movements
- Cash -€84,682
down €84,682 (-56.4%), from €150,258 to €65,576
mainly Contributions, distributions and other (-€194,118) and Current portion of long-term debt (-€4,029)
- Deferred charges and accrued income -€4,666
down €4,666 (-51.6%), from €9,040 to €4,374
- Receivables within one year -€1,840
down €1,840 (-14.2%), from €12,949 to €11,109
of which Trade receivables: -€3,513
- Reserves -€150,469
down €150,469 (-94.5%), from €159,167 to €8,697
- Other debts +€62,381
up €62,381 (+1,205%), from €5,176 to €67,557
- Current portion of long-term debt -€4,029
down €4,029 (-100%), from €4,029 to €0
- Gross operating margin -€40,277
down €40,277 (-40.7%), from €99,059 to €58,781
- Taxes -€8,136
down €8,136 (-40.0%), from €20,315 to €12,180
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 | €173,841 | €81,371 | -€92,470 | -53.2% |
| Fixed assets | 21/28 | €1,593 | €312 | -€1,281 | -80.4% |
| Intangible fixed assets | 21 | €533 | €0 | -€533 | -100% |
| Tangible fixed assets | 22/27 | €1,060 | €312 | -€748 | -70.5% |
| Furniture and vehicles | 24 | €1,060 | €312 | -€748 | -70.5% |
| Current assets | 29/58 | €172,247 | €81,059 | -€91,188 | -52.9% |
| Amounts receivable within one year | 40/41 | €12,949 | €11,109 | -€1,840 | -14.2% |
| Trade receivables | 40 | €12,764 | €9,251 | -€3,513 | -27.5% |
| Other amounts receivable | 41 | €185 | €1,858 | +€1,673 | +906% |
| Cash at bank and in hand | 54/58 | €150,258 | €65,576 | -€84,682 | -56.4% |
| Deferred charges and accrued income | 490/1 | €9,040 | €4,374 | -€4,666 | -51.6% |
| Total equity and liabilities | 10/49 | €173,841 | €81,371 | -€92,470 | -53.2% |
| Equity | 10/15 | €161,667 | €11,197 | -€150,469 | -93.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €159,167 | €8,697 | -€150,469 | -94.5% |
| Distributable reserves | 133 | €159,167 | €8,697 | -€150,469 | -94.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €12,174 | €70,174 | +€58,000 | +476% |
| Amounts payable within one year | 42/48 | €10,888 | €70,174 | +€59,286 | +545% |
| Current portion of amounts payable after more than one year | 42 | €4,029 | €0 | -€4,029 | -100% |
| Financial debts | 43 | €8 | €0 | -€8 | -100% |
| Credit institutions | 430/8 | €8 | €0 | -€8 | -100% |
| Trade debts | 44 | €73 | €243 | +€170 | +233% |
| Suppliers | 440/4 | €73 | €243 | +€170 | +233% |
| Taxes, remuneration and social security | 45 | €1,602 | €2,374 | +€771 | +48.1% |
| Taxes | 450/3 | €1,602 | €2,374 | +€771 | +48.1% |
| Other amounts payable | 47/48 | €5,176 | €67,557 | +€62,381 | +1,205% |
| Accrued charges and deferred income | 492/3 | €1,286 | €0 | -€1,286 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,075 | €1,281 | -€794 | -38.3% |
| Other operating charges | 640/8 | €1,035 | €832 | -€203 | -19.6% |
| Gross operating margin | 9900 | €99,059 | €58,781 | -€40,277 | -40.7% |
| Operating profit (loss) | 9901 | €95,949 | €56,668 | -€39,281 | -40.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,159 | €840 | -€319 | -27.5% |
| Recurring financial charges | 65 | €1,159 | €840 | -€319 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €94,790 | €55,828 | -€38,962 | -41.1% |
| Income taxes | 67/77 | €20,315 | €12,180 | -€8,136 | -40.0% |
| Profit (loss) for the period | 9904 | €74,474 | €43,648 | -€30,826 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €74,474 | €43,648 | -€30,826 | -41.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.