3SD CONSTRUCT: 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.
3SD CONSTRUCT
Largest movements
- Receivables within one year +€22,356
up €22,356 (+130%), from €17,143 to €39,499
of which Other amounts receivable: +€23,068
- Tangible fixed assets +€1,019
up €1,019 (+42.7%), from €2,384 to €3,403
- Formation expenses -€694
down €694 (-35.3%), from €1,968 to €1,274
- Trade debts +€12,830
up €12,830 (+213%), from €6,012 to €18,842
- Profit (loss) carried forward +€8,675
up €8,675 (+89.5%), from €9,689 to €18,365
- Tax, wage and social debts +€3,442
up €3,442 (+105%), from €3,273 to €6,715
- Accrued charges and deferred income -€1,800
no longer reported in 2025 (was €1,800)
- Turnover -€61,086
no longer reported in 2025 (was €61,086)
- Purchases and services -€47,833
no longer reported in 2025 (was €47,833)
- Gross operating margin +€27,221
up €27,221 (+205%), from €13,253 to €40,475
- Staff costs +€20,669
new in 2025: €20,669
- Depreciation +€4,494
up €4,494 (+2,492%), from €180 to €4,675
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 | €23,275 | €46,422 | +€23,147 | +99.5% |
| Formation expenses | 20 | €1,968 | €1,274 | -€694 | -35.3% |
| Fixed assets | 21/28 | €2,384 | €3,403 | +€1,019 | +42.7% |
| Tangible fixed assets | 22/27 | €2,384 | €3,403 | +€1,019 | +42.7% |
| Furniture and vehicles | 24 | €2,384 | €3,403 | +€1,019 | +42.7% |
| Current assets | 29/58 | €18,923 | €41,746 | +€22,822 | +121% |
| Amounts receivable within one year | 40/41 | €17,143 | €39,499 | +€22,356 | +130% |
| Trade receivables | 40 | €5,567 | €4,855 | -€712 | -12.8% |
| Other amounts receivable | 41 | €11,576 | €34,644 | +€23,068 | +199% |
| Cash at bank and in hand | 54/58 | €1,780 | €1,830 | +€50 | +2.8% |
| Deferred charges and accrued income | 490/1 | - | €416 | +€416 | |
| Total equity and liabilities | 10/49 | €23,275 | €46,422 | +€23,147 | +99.5% |
| Equity | 10/15 | €12,189 | €20,865 | +€8,675 | +71.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,689 | €18,365 | +€8,675 | +89.5% |
| Amounts payable | 17/49 | €11,085 | €25,557 | +€14,472 | +131% |
| Amounts payable within one year | 42/48 | €9,285 | €25,557 | +€16,272 | +175% |
| Trade debts | 44 | €6,012 | €18,842 | +€12,830 | +213% |
| Suppliers | 440/4 | €6,012 | €18,842 | +€12,830 | +213% |
| Taxes, remuneration and social security | 45 | €3,273 | €6,715 | +€3,442 | +105% |
| Taxes | 450/3 | €3,273 | €6,715 | +€3,442 | +105% |
| Accrued charges and deferred income | 492/3 | €1,800 | - | -€1,800 | |
| Turnover | 70 | €61,086 | - | -€61,086 | |
| Goods, raw materials, services and sundry goods | 60/61 | €47,833 | - | -€47,833 | |
| Remuneration, social security and pensions | 62 | - | €20,669 | +€20,669 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180 | €4,675 | +€4,494 | +2,492% |
| Other operating charges | 640/8 | €93 | €1,347 | +€1,254 | +1,347% |
| Gross operating margin | 9900 | €13,253 | €40,475 | +€27,221 | +205% |
| Operating profit (loss) | 9901 | €12,980 | €13,784 | +€805 | +6.2% |
| Financial income | 75/76B | €0 | €39 | +€39 | +128,933% |
| Recurring financial income | 75 | €0 | €39 | +€39 | +128,933% |
| Financial charges | 65/66B | €18 | €650 | +€633 | +3,599% |
| Recurring financial charges | 65 | €18 | €650 | +€633 | +3,599% |
| Profit (loss) for the period before taxes | 9903 | €12,962 | €13,173 | +€211 | +1.6% |
| Income taxes | 67/77 | €3,273 | €4,497 | +€1,225 | +37.4% |
| Profit (loss) for the period | 9904 | €9,689 | €8,675 | -€1,014 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,689 | €8,675 | -€1,014 | -10.5% |
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 15 October 2026 via checked.be.