3T ESTATE: 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.
3T ESTATE
Largest movements
- Cash +€219,028
up €219,028 (+7,746%), from €2,828 to €221,856
mainly Debts after one year (+€184,864) and Depreciation (+€33,573)
- Tangible fixed assets -€33,573
down €33,573 (-10.4%), from €322,797 to €289,223
- Receivables within one year +€18,673
up €18,673 (+22.0%), from €84,958 to €103,630
of which Other amounts receivable: +€16,107
- Debts after one year +€184,864
up €184,864 (+76.6%), from €241,211 to €426,075
- Profit (loss) carried forward -€13,136
down €13,136 (-45.5%), from €28,895 to €15,759
- Trade debts +€11,766
up €11,766 (+5,367%), from €219 to €11,985
- Current portion of long-term debt +€11,493
up €11,493 (+93.8%), from €12,257 to €23,750
- Tax, wage and social debts +€9,140
up €9,140 (+50.8%), from €18,000 to €27,140
- Gross operating margin -€27,228
down €27,228 (-52.2%), from €52,180 to €24,952
- Other operating charges +€7,529
new in 2024: €7,529
- Financial charges -€3,165
down €3,165, from €151 to -€3,015
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.
Derived cash bridge
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 | €410,582 | €614,709 | +€204,127 | +49.7% |
| Fixed assets | 21/28 | €322,797 | €289,223 | -€33,573 | -10.4% |
| Tangible fixed assets | 22/27 | €322,797 | €289,223 | -€33,573 | -10.4% |
| Land and buildings | 22 | €322,797 | €289,223 | -€33,573 | -10.4% |
| Current assets | 29/58 | €87,785 | €325,486 | +€237,700 | +271% |
| Amounts receivable within one year | 40/41 | €84,958 | €103,630 | +€18,673 | +22.0% |
| Trade receivables | 40 | €82,640 | €85,206 | +€2,566 | +3.1% |
| Other amounts receivable | 41 | €2,318 | €18,424 | +€16,107 | +695% |
| Cash at bank and in hand | 54/58 | €2,828 | €221,856 | +€219,028 | +7,746% |
| Total equity and liabilities | 10/49 | €410,582 | €614,709 | +€204,127 | +49.7% |
| Equity | 10/15 | €138,895 | €125,759 | -€13,136 | -9.5% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,895 | €15,759 | -€13,136 | -45.5% |
| Amounts payable | 17/49 | €271,687 | €488,950 | +€217,263 | +80.0% |
| Amounts payable after more than one year | 17 | €241,211 | €426,075 | +€184,864 | +76.6% |
| Financial debts | 170/4 | €241,211 | €426,075 | +€184,864 | +76.6% |
| Amounts payable within one year | 42/48 | €30,476 | €62,875 | +€32,398 | +106% |
| Current portion of amounts payable after more than one year | 42 | €12,257 | €23,750 | +€11,493 | +93.8% |
| Trade debts | 44 | €219 | €11,985 | +€11,766 | +5,367% |
| Suppliers | 440/4 | €219 | €11,985 | +€11,766 | +5,367% |
| Taxes, remuneration and social security | 45 | €18,000 | €27,140 | +€9,140 | +50.8% |
| Remuneration and social security | 454/9 | €18,000 | €27,140 | +€9,140 | +50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,573 | €33,573 | = | 0.0% |
| Other operating charges | 640/8 | - | €7,529 | +€7,529 | |
| Gross operating margin | 9900 | €52,180 | €24,952 | -€27,228 | -52.2% |
| Operating profit (loss) | 9901 | €18,606 | -€16,150 | -€34,757 | |
| Financial charges | 65/66B | €151 | -€3,015 | -€3,165 | |
| Recurring financial charges | 65 | €151 | -€3,015 | -€3,165 | |
| Profit (loss) for the period before taxes | 9903 | €18,456 | -€13,136 | -€31,592 | |
| Income taxes | 67/77 | €137 | - | -€137 | |
| Profit (loss) for the period | 9904 | €18,319 | -€13,136 | -€31,455 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,319 | -€13,136 | -€31,455 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.