3T: 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.
What changed
3T
NACE 46.170, Agents in the wholesale of food, beverages and tobacco
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€580,704
2024 · €766,661-€1.3m
Equity
€8.6m
2024 · €9.2m-€580,704
Cash
€190,636
2024 · €37,529+€153,107
Balance sheet total
€13.0m
2024 · €10.8m+€2.2m
Largest movements
Assets
- Tangible fixed assets +€5.6m
up €5.6m (+154%), from €3.6m to €9.2m
of which Land and buildings: +€5.6m
- Current investments -€1.8m
down €1.8m (-68.4%), from €2.7m to €847,764
- Financial fixed assets -€750,000
down €750,000 (-46.6%), from €1.6m to €860,125
- Receivables within one year -€665,597
down €665,597 (-29.5%), from €2.3m to €1.6m
of which Other amounts receivable: -€673,545
- Receivables after one year -€350,000
down €350,000 (-58.3%), from €600,000 to €250,000
Equity and liabilities
- Short-term financial debts +€2.9m
up €2.9m (+7,406%), from €39,771 to €3.0m
- Profit (loss) carried forward -€559,212
down €559,212 (-6.9%), from €8.1m to €7.5m
- Tax, wage and social debts -€181,171
down €181,171 (-87.5%), from €207,101 to €25,930
Income statement
- Gross operating margin -€1.0m
down €1.0m (-87.0%), from €1.2m to €156,474
- Depreciation +€715,716
up €715,716 (+471%), from €152,022 to €867,738
- Taxes -€292,189
down €292,189 (-99.2%), from €294,484 to €2,296
- Financial income +€142,867
up €142,867 (+230%), from €62,173 to €205,040
- Other operating charges -€14,027
down €14,027 (-41.4%), from €33,905 to €19,878
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.
Result 2024
€766,661
Gross operating margin
-€1.0m
Depreciation
-€715,716
Other operating charges
+€14,027
Financial income
+€142,867
Financial charges
+€255
Taxes
+€292,189
Deferred taxes and other
-€31,288
Result 2025
-€580,704
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.1m
Investment
-€3.9m
Financing
+€2.9m
Cash 2024
€37,529
From operations (derived)
+€1.1m
Net result for the year
-€580,704
Depreciation
+€867,738
Receivables after one year
+€350,000
Receivables within one year
+€665,597
Smaller working-capital items
+€2,959
Trade debts
+€24,358
Tax, wage and social debts
-€181,171
Investment (derived)
-€3.9m
Investment in fixed assets (net)
-€5.7m
Current investments
+€1.8m
Financing
+€2.9m
Debts after one year
-€50,000
Short-term financial debts
+€2.9m
Cash 2025
€190,636
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,839,730 | €12,993,990 | +€2.2m | +19.9% |
| Fixed assets | 21/28 | €5,247,073 | €10,108,049 | +€4.9m | +92.6% |
| Tangible fixed assets | 22/27 | €3,636,948 | €9,247,924 | +€5.6m | +154% |
| Land and buildings | 22 | €3,549,338 | €9,182,067 | +€5.6m | +159% |
| Furniture and vehicles | 24 | €87,609 | €65,857 | -€21,752 | -24.8% |
| Financial fixed assets | 28 | €1,610,125 | €860,125 | -€750,000 | -46.6% |
| Current assets | 29/58 | €5,592,657 | €2,885,941 | -€2.7m | -48.4% |
| Amounts receivable after more than one year | 29 | €600,000 | €250,000 | -€350,000 | -58.3% |
| Other amounts receivable | 291 | €600,000 | €250,000 | -€350,000 | -58.3% |
| Amounts receivable within one year | 40/41 | €2,255,761 | €1,590,164 | -€665,597 | -29.5% |
| Trade receivables | 40 | €35,600 | €43,548 | +€7,948 | +22.3% |
| Other amounts receivable | 41 | €2,220,160 | €1,546,616 | -€673,545 | -30.3% |
| Current investments | 50/53 | €2,685,410 | €847,764 | -€1.8m | -68.4% |
| Cash at bank and in hand | 54/58 | €37,529 | €190,636 | +€153,107 | +408% |
| Deferred charges and accrued income | 490/1 | €13,958 | €7,377 | -€6,580 | -47.1% |
| Total equity and liabilities | 10/49 | €10,839,730 | €12,993,990 | +€2.2m | +19.9% |
| Equity | 10/15 | €9,220,552 | €8,639,847 | -€580,704 | -6.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,125,703 | €1,104,211 | -€21,492 | -1.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €251,787 | €230,295 | -€21,492 | -8.5% |
| Distributable reserves | 133 | €873,916 | €873,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,076,299 | €7,517,087 | -€559,212 | -6.9% |
| Provisions and deferred taxes | 16 | €303,062 | €291,996 | -€11,067 | -3.7% |
| Provisions for liabilities and charges | 160/5 | €177,573 | €177,573 | = | 0.0% |
| Pensions and similar obligations | 160 | €177,573 | €177,573 | = | 0.0% |
| Deferred taxes | 168 | €125,490 | €114,423 | -€11,067 | -8.8% |
| Amounts payable | 17/49 | €1,316,116 | €4,062,146 | +€2.7m | +209% |
| Amounts payable after more than one year | 17 | €302,193 | €252,193 | -€50,000 | -16.5% |
| Financial debts | 170/4 | €300,000 | €250,000 | -€50,000 | -16.7% |
| Other amounts payable | 178/9 | €2,193 | €2,193 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,010,742 | €3,806,773 | +€2.8m | +277% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 43 | €39,771 | €2,985,170 | +€2.9m | +7,406% |
| Credit institutions | 430/8 | €39,771 | €2,985,170 | +€2.9m | +7,406% |
| Trade debts | 44 | €8,274 | €32,632 | +€24,358 | +294% |
| Suppliers | 440/4 | €8,274 | €32,632 | +€24,358 | +294% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €207,101 | €25,930 | -€181,171 | -87.5% |
| Taxes | 450/3 | €207,101 | €25,930 | -€181,171 | -87.5% |
| Other amounts payable | 47/48 | €705,596 | €713,041 | +€7,445 | +1.1% |
| Accrued charges and deferred income | 492/3 | €3,181 | €3,181 | = | 0.0% |
| Non-recurring operating income | 76A | €1,054,314 | €0 | -€1.1m | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,022 | €867,738 | +€715,716 | +471% |
| Other operating charges | 640/8 | €33,905 | €19,878 | -€14,027 | -41.4% |
| Gross operating margin | 9900 | €1,206,173 | €156,474 | -€1.0m | -87.0% |
| Operating profit (loss) | 9901 | €1,020,245 | -€731,142 | -€1.8m | |
| Financial income | 75/76B | €62,173 | €205,040 | +€142,867 | +230% |
| Recurring financial income | 75 | €62,173 | €205,040 | +€142,867 | +230% |
| Financial charges | 65/66B | €63,629 | €63,374 | -€255 | -0.4% |
| Recurring financial charges | 65 | €63,629 | €63,374 | -€255 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €1,018,790 | -€589,476 | -€1.6m | |
| Transfer from deferred taxes | 780 | €42,355 | €11,067 | -€31,288 | -73.9% |
| Income taxes | 67/77 | €294,484 | €2,296 | -€292,189 | -99.2% |
| Profit (loss) for the period | 9904 | €766,661 | -€580,704 | -€1.3m | |
| Transfer from tax-exempt reserves | 789 | €82,255 | €21,492 | -€60,763 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €848,916 | -€559,212 | -€1.4m |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.