3SMS: 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.
3SMS
Largest movements
- Cash -€56,762
down €56,762 (-54.7%), from €103,770 to €47,009
mainly Other debts (-€86,817) and Contributions, distributions and other (-€69,424)
- Tangible fixed assets -€22,540
down €22,540 (-56.5%), from €39,882 to €17,342
of which Furniture and vehicles: -€21,219
- Deferred charges and accrued income +€6,590
up €6,590 (+58.1%), from €11,346 to €17,936
- Current investments -€6,058
down €6,058 (-3.2%), from €189,823 to €183,766
- Other debts -€86,817
down €86,817 (-46.5%), from €186,735 to €99,917
- Trade debts +€10,433
up €10,433 (+446%), from €2,339 to €12,771
- Reserves -€7,916
down €7,916 (-2.1%), from €370,138 to €362,222
of which Distributable reserves: -€7,916
- Financial charges +€9,858
up €9,858 (+205%), from €4,809 to €14,667
- Other operating charges -€8,282
down €8,282 (-38.9%), from €21,277 to €12,995
- Gross operating margin +€4,528
up €4,528 (+3.4%), from €135,026 to €139,555
- Taxes -€3,614
down €3,614 (-9.4%), from €38,388 to €34,774
- Depreciation -€2,915
down €2,915 (-11.5%), from €25,455 to €22,540
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 | €571,892 | €492,618 | -€79,274 | -13.9% |
| Fixed assets | 21/28 | €189,873 | €167,333 | -€22,540 | -11.9% |
| Tangible fixed assets | 22/27 | €39,882 | €17,342 | -€22,540 | -56.5% |
| Land and buildings | 22 | €7,225 | €5,993 | -€1,232 | -17.1% |
| Plant, machinery and equipment | 23 | €89 | €0 | -€89 | -100% |
| Furniture and vehicles | 24 | €32,567 | €11,349 | -€21,219 | -65.2% |
| Financial fixed assets | 28 | €149,991 | €149,991 | = | 0.0% |
| Current assets | 29/58 | €382,019 | €325,285 | -€56,734 | -14.9% |
| Amounts receivable within one year | 40/41 | €77,080 | €76,575 | -€505 | -0.7% |
| Trade receivables | 40 | €76,958 | €76,575 | -€383 | -0.5% |
| Other amounts receivable | 41 | €121 | €0 | -€121 | -100% |
| Current investments | 50/53 | €189,823 | €183,766 | -€6,058 | -3.2% |
| Cash at bank and in hand | 54/58 | €103,770 | €47,009 | -€56,762 | -54.7% |
| Deferred charges and accrued income | 490/1 | €11,346 | €17,936 | +€6,590 | +58.1% |
| Total equity and liabilities | 10/49 | €571,892 | €492,618 | -€79,274 | -13.9% |
| Equity | 10/15 | €376,804 | €368,888 | -€7,916 | -2.1% |
| Contributions | 10/11 | €6,666 | €6,666 | = | 0.0% |
| Reserves | 13 | €370,138 | €362,222 | -€7,916 | -2.1% |
| Tax-exempt reserves | 132 | €622 | €622 | = | 0.0% |
| Distributable reserves | 133 | €369,517 | €361,601 | -€7,916 | -2.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €195,087 | €123,730 | -€71,358 | -36.6% |
| Amounts payable within one year | 42/48 | €195,087 | €123,726 | -€71,361 | -36.6% |
| Trade debts | 44 | €2,339 | €12,771 | +€10,433 | +446% |
| Suppliers | 440/4 | €2,339 | €12,771 | +€10,433 | +446% |
| Taxes, remuneration and social security | 45 | €6,014 | €11,038 | +€5,024 | +83.5% |
| Taxes | 450/3 | €4,773 | €11,038 | +€6,265 | +131% |
| Remuneration and social security | 454/9 | €1,241 | €0 | -€1,241 | -100% |
| Other amounts payable | 47/48 | €186,735 | €99,917 | -€86,817 | -46.5% |
| Accrued charges and deferred income | 492/3 | - | €3 | +€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,455 | €22,540 | -€2,915 | -11.5% |
| Other operating charges | 640/8 | €21,277 | €12,995 | -€8,282 | -38.9% |
| Gross operating margin | 9900 | €135,026 | €139,555 | +€4,528 | +3.4% |
| Operating profit (loss) | 9901 | €88,293 | €104,019 | +€15,726 | +17.8% |
| Financial income | 75/76B | €4,467 | €6,929 | +€2,462 | +55.1% |
| Recurring financial income | 75 | €4,467 | €6,929 | +€2,462 | +55.1% |
| Financial charges | 65/66B | €4,809 | €14,667 | +€9,858 | +205% |
| Recurring financial charges | 65 | €4,809 | €14,667 | +€9,858 | +205% |
| Profit (loss) for the period before taxes | 9903 | €87,952 | €96,281 | +€8,330 | +9.5% |
| Income taxes | 67/77 | €38,388 | €34,774 | -€3,614 | -9.4% |
| Profit (loss) for the period | 9904 | €49,564 | €61,508 | +€11,944 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,564 | €61,508 | +€11,944 | +24.1% |
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 16 October 2026 via checked.be.