3TIEN: 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.
3TIEN
Largest movements
- Receivables within one year -€127,346
down €127,346 (-64.8%), from €196,397 to €69,051
of which Trade receivables: -€156,237
- Tangible fixed assets +€18,732
up €18,732 (+5.1%), from €365,156 to €383,887
of which Plant, machinery and equipment: +€13,213
- Deferred charges and accrued income -€13,419
down €13,419 (-43.9%), from €30,544 to €17,125
- Cash +€11,514
up €11,514 (+34.4%), from €33,475 to €44,990
mainly Receivables within one year (+€127,346) and Current portion of long-term debt (+€55,996)
- Trade debts -€68,584
down €68,584 (-75.8%), from €90,481 to €21,897
- Debts after one year -€65,124
no longer reported in 2025 (was €65,124)
- Current portion of long-term debt +€55,996
new in 2025: €55,996
- Short-term financial debts -€30,000
no longer reported in 2025 (was €30,000)
- Gross operating margin -€45,468
down €45,468 (-44.9%), from €101,165 to €55,697
- Taxes -€34,042
down €34,042, from €29,042 to -€5,000
- Depreciation -€5,091
down €5,091 (-8.9%), from €57,353 to €52,262
- Other operating charges +€1,561
up €1,561 (+133.4%), from €1,170 to €2,731
- Financial charges -€1,176
down €1,176 (-27.9%), from €4,211 to €3,034
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 | €625,864 | €515,344 | -€110,520 | -17.7% |
| Fixed assets | 21/28 | €365,447 | €384,179 | +€18,732 | +5.1% |
| Tangible fixed assets | 22/27 | €365,156 | €383,887 | +€18,732 | +5.1% |
| Land and buildings | 22 | €42,000 | €42,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €192,979 | €206,193 | +€13,213 | +6.8% |
| Furniture and vehicles | 24 | €130,176 | €135,694 | +€5,518 | +4.2% |
| Financial fixed assets | 28 | €292 | €292 | = | 0.0% |
| Current assets | 29/58 | €260,417 | €131,165 | -€129,251 | -49.6% |
| Amounts receivable within one year | 40/41 | €196,397 | €69,051 | -€127,346 | -64.8% |
| Trade receivables | 40 | €196,315 | €40,078 | -€156,237 | -79.6% |
| Other amounts receivable | 41 | €82 | €28,973 | +€28,891 | +35331.9% |
| Cash at bank and in hand | 54/58 | €33,475 | €44,990 | +€11,514 | +34.4% |
| Deferred charges and accrued income | 490/1 | €30,544 | €17,125 | -€13,419 | -43.9% |
| Total equity and liabilities | 10/49 | €625,864 | €515,344 | -€110,520 | -17.7% |
| Equity | 10/15 | €410,785 | €413,454 | +€2,670 | +0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €402,725 | €405,394 | +€2,670 | +0.7% |
| Amounts payable | 17/49 | €215,079 | €101,890 | -€113,189 | -52.6% |
| Amounts payable after more than one year | 17 | €65,124 | - | -€65,124 | |
| Financial debts | 170/4 | €65,124 | - | -€65,124 | |
| Amounts payable within one year | 42/48 | €149,955 | €101,890 | -€48,066 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | - | €55,996 | +€55,996 | |
| Financial debts | 43 | €30,000 | - | -€30,000 | |
| Credit institutions | 430/8 | €30,000 | - | -€30,000 | |
| Trade debts | 44 | €90,481 | €21,897 | -€68,584 | -75.8% |
| Suppliers | 440/4 | €90,481 | €21,897 | -€68,584 | -75.8% |
| Taxes, remuneration and social security | 45 | €23,973 | €20,769 | -€3,203 | -13.4% |
| Taxes | 450/3 | €23,973 | €12,670 | -€11,303 | -47.1% |
| Remuneration and social security | 454/9 | - | €8,099 | +€8,099 | |
| Other amounts payable | 47/48 | €5,502 | €3,228 | -€2,274 | -41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,353 | €52,262 | -€5,091 | -8.9% |
| Other operating charges | 640/8 | €1,170 | €2,731 | +€1,561 | +133.4% |
| Gross operating margin | 9900 | €101,165 | €55,697 | -€45,468 | -44.9% |
| Operating profit (loss) | 9901 | €42,642 | €704 | -€41,938 | -98.3% |
| Financial charges | 65/66B | €4,211 | €3,034 | -€1,176 | -27.9% |
| Recurring financial charges | 65 | €4,211 | €3,034 | -€1,176 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €38,431 | -€2,330 | -€40,761 | |
| Income taxes | 67/77 | €29,042 | -€5,000 | -€34,042 | |
| Profit (loss) for the period | 9904 | €9,389 | €2,670 | -€6,719 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,389 | €2,670 | -€6,719 | -71.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.