3T: what changed
Two fiscal 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.
3T
Largest movements
- Receivables after one year -€24,000
down €24,000 (-20.0%), from €120,000 to €96,000
- Receivables within one year -€11,743
down €11,743 (-97.6%), from €12,036 to €293
- Tangible fixed assets -€7,776
down €7,776 (-6.8%), from €114,132 to €106,356
of which Land and buildings: -€7,160
- Cash -€3,633
down €3,633 (-3.6%), from €101,462 to €97,828
mainly Contributions, distributions and other (-€26,530) and Debts after one year (-€22,610)
- Debts after one year -€22,610
no longer reported in 2025 (was €22,610)
- Current portion of long-term debt -€21,986
down €21,986 (-45.5%), from €48,346 to €26,360
- Other operating charges -€24,148
down €24,148 (-89.2%), from €27,059 to €2,911
- Financial income -€4,686
down €4,686 (-56.6%), from €8,286 to €3,600
- Taxes +€1,558
up €1,558 (+19.1%), from €8,149 to €9,707
- Gross operating margin +€1,476
up €1,476 (+3.4%), from €43,856 to €45,332
- Financial charges -€1,007
down €1,007 (-47.8%), from €2,104 to €1,098
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.
Cash bridge derived
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 | €348,450 | €301,297 | -€47,153 | -13.5% |
| Fixed assets | 21/28 | €114,132 | €106,356 | -€7,776 | -6.8% |
| Tangible fixed assets | 22/27 | €114,132 | €106,356 | -€7,776 | -6.8% |
| Land and buildings | 22 | €112,346 | €105,186 | -€7,160 | -6.4% |
| Furniture and vehicles | 24 | €1,787 | €1,170 | -€616 | -34.5% |
| Current assets | 29/58 | €234,317 | €194,940 | -€39,377 | -16.8% |
| Amounts receivable after more than one year | 29 | €120,000 | €96,000 | -€24,000 | -20.0% |
| Other amounts receivable | 291 | €120,000 | €96,000 | -€24,000 | -20.0% |
| Amounts receivable within one year | 40/41 | €12,036 | €293 | -€11,743 | -97.6% |
| Other amounts receivable | 41 | €12,036 | €293 | -€11,743 | -97.6% |
| Cash at bank and in hand | 54/58 | €101,462 | €97,828 | -€3,633 | -3.6% |
| Deferred charges and accrued income | 490/1 | €819 | €819 | = | 0.0% |
| Total equity and liabilities | 10/49 | €348,450 | €301,297 | -€47,153 | -13.5% |
| Equity | 10/15 | €267,452 | €268,782 | +€1,330 | +0.5% |
| Contributions | 10/11 | €48,000 | €48,000 | = | 0.0% |
| Reserves | 13 | €219,452 | €220,782 | +€1,330 | +0.6% |
| Tax-exempt reserves | 132 | €10,147 | €8,886 | -€1,261 | -12.4% |
| Distributable reserves | 133 | €209,305 | €211,896 | +€2,591 | +1.2% |
| Provisions and deferred taxes | 16 | €3,382 | €2,962 | -€420 | -12.4% |
| Deferred taxes | 168 | €3,382 | €2,962 | -€420 | -12.4% |
| Amounts payable | 17/49 | €77,616 | €29,553 | -€48,063 | -61.9% |
| Amounts payable after more than one year | 17 | €22,610 | - | -€22,610 | |
| Financial debts | 170/4 | €22,610 | - | -€22,610 | |
| Amounts payable within one year | 42/48 | €53,340 | €27,957 | -€25,383 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €48,346 | €26,360 | -€21,986 | -45.5% |
| Financial debts | 43 | €3,399 | - | -€3,399 | |
| Credit institutions | 430/8 | €3,399 | - | -€3,399 | |
| Trade debts | 44 | €871 | €920 | +€48 | +5.6% |
| Suppliers | 440/4 | €871 | €920 | +€48 | +5.6% |
| Taxes, remuneration and social security | 45 | €723 | €677 | -€46 | -6.4% |
| Taxes | 450/3 | €723 | €677 | -€46 | -6.4% |
| Accrued charges and deferred income | 492/3 | €1,666 | €1,596 | -€70 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,776 | €7,776 | = | 0.0% |
| Other operating charges | 640/8 | €27,059 | €2,911 | -€24,148 | -89.2% |
| Gross operating margin | 9900 | €43,856 | €45,332 | +€1,476 | +3.4% |
| Operating profit (loss) | 9901 | €9,021 | €34,644 | +€25,624 | +284.1% |
| Financial income | 75/76B | €8,286 | €3,600 | -€4,686 | -56.6% |
| Recurring financial income | 75 | €8,286 | €3,600 | -€4,686 | -56.6% |
| Financial charges | 65/66B | €2,104 | €1,098 | -€1,007 | -47.8% |
| Recurring financial charges | 65 | €2,104 | €1,098 | -€1,007 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €15,202 | €37,147 | +€21,945 | +144.4% |
| Transfer from deferred taxes | 780 | €420 | €420 | = | 0.0% |
| Income taxes | 67/77 | €8,149 | €9,707 | +€1,558 | +19.1% |
| Profit (loss) for the period | 9904 | €7,473 | €27,860 | +€20,387 | +272.8% |
| Transfer from tax-exempt reserves | 789 | €1,261 | €1,261 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,734 | €29,121 | +€20,387 | +233.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.