3SB: 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.
3SB
Largest movements
- Tangible fixed assets +€157,171
up €157,171 (+12.3%), from €1.3m to €1.4m
of which Plant, machinery and equipment: +€203,226
- Cash -€83,108
down €83,108 (-91.7%), from €90,673 to €7,565
mainly Investment in fixed assets (net) (-€267,204) and Net result for the year (-€162,255)
- Other debts +€169,321
up €169,321 (+51.7%), from €327,586 to €496,907
- Profit (loss) carried forward -€162,255
down €162,255 (-81.0%), from -€200,333 to -€362,588
- Trade debts +€56,344
up €56,344 (+58.3%), from €96,634 to €152,978
- Accrued charges and deferred income +€17,010
up €17,010 (+10.2%), from €167,376 to €184,386
- Depreciation +€19,050
up €19,050 (+20.9%), from €90,984 to €110,033
- Gross operating margin -€18,765
down €18,765 (-36.9%), from €50,799 to €32,035
- Staff costs +€14,979
up €14,979 (+57.8%), from €25,897 to €40,876
- Financial charges +€5,273
up €5,273 (+14.2%), from €37,176 to €42,450
- Other operating charges -€4,928
down €4,928 (-83.7%), from €5,888 to €960
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.
Cash bridge derived
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 | €1,573,258 | €1,643,082 | +€69,824 | +4.4% |
| Fixed assets | 21/28 | €1,460,810 | €1,617,980 | +€157,171 | +10.8% |
| Intangible fixed assets | 21 | €1,790 | €1,790 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,280,214 | €1,437,385 | +€157,171 | +12.3% |
| Land and buildings | 22 | €1,058,362 | €1,013,809 | -€44,552 | -4.2% |
| Plant, machinery and equipment | 23 | €153,672 | €356,898 | +€203,226 | +132.2% |
| Furniture and vehicles | 24 | €68,181 | €66,678 | -€1,503 | -2.2% |
| Financial fixed assets | 28 | €178,806 | €178,806 | = | 0.0% |
| Current assets | 29/58 | €112,448 | €25,102 | -€87,347 | -77.7% |
| Amounts receivable within one year | 40/41 | €17,285 | €15,904 | -€1,381 | -8.0% |
| Trade receivables | 40 | €16,558 | €15,894 | -€664 | -4.0% |
| Other amounts receivable | 41 | €727 | €10 | -€716 | -98.6% |
| Cash at bank and in hand | 54/58 | €90,673 | €7,565 | -€83,108 | -91.7% |
| Deferred charges and accrued income | 490/1 | €4,491 | €1,633 | -€2,858 | -63.6% |
| Total equity and liabilities | 10/49 | €1,573,258 | €1,643,082 | +€69,824 | +4.4% |
| Equity | 10/15 | €83,378 | -€78,877 | -€162,255 | |
| Contributions | 10/11 | €156,600 | €156,600 | = | 0.0% |
| Reserves | 13 | €127,111 | €127,111 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,660 | €15,660 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,660 | €15,660 | = | 0.0% |
| Distributable reserves | 133 | €111,451 | €111,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€200,333 | -€362,588 | -€162,255 | -81.0% |
| Amounts payable | 17/49 | €1,489,880 | €1,721,959 | +€232,079 | +15.6% |
| Amounts payable after more than one year | 17 | €865,967 | €851,360 | -€14,606 | -1.7% |
| Financial debts | 170/4 | €865,967 | €851,360 | -€14,606 | -1.7% |
| Amounts payable within one year | 42/48 | €456,538 | €686,213 | +€229,675 | +50.3% |
| Current portion of amounts payable after more than one year | 42 | €26,528 | €27,361 | +€834 | +3.1% |
| Trade debts | 44 | €96,634 | €152,978 | +€56,344 | +58.3% |
| Suppliers | 440/4 | €96,634 | €152,978 | +€56,344 | +58.3% |
| Taxes, remuneration and social security | 45 | €5,789 | €8,966 | +€3,177 | +54.9% |
| Taxes | 450/3 | €1,424 | €2,313 | +€889 | +62.5% |
| Remuneration and social security | 454/9 | €4,365 | €6,653 | +€2,288 | +52.4% |
| Other amounts payable | 47/48 | €327,586 | €496,907 | +€169,321 | +51.7% |
| Accrued charges and deferred income | 492/3 | €167,376 | €184,386 | +€17,010 | +10.2% |
| Remuneration, social security and pensions | 62 | €25,897 | €40,876 | +€14,979 | +57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,984 | €110,033 | +€19,050 | +20.9% |
| Other operating charges | 640/8 | €5,888 | €960 | -€4,928 | -83.7% |
| Gross operating margin | 9900 | €50,799 | €32,035 | -€18,765 | -36.9% |
| Operating profit (loss) | 9901 | -€71,969 | -€119,835 | -€47,866 | -66.5% |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €37,176 | €42,450 | +€5,273 | +14.2% |
| Recurring financial charges | 65 | €37,176 | €42,450 | +€5,273 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | -€109,145 | -€162,255 | -€53,110 | -48.7% |
| Profit (loss) for the period | 9904 | -€109,145 | -€162,255 | -€53,110 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€109,145 | -€162,255 | -€53,110 | -48.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.