3TREES: 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.
3TREES
Largest movements
- Receivables after one year +€31,734
up €31,734 (+35.0%), from €90,614 to €122,347
- Receivables within one year -€24,134
down €24,134 (-63.9%), from €37,755 to €13,620
of which Other amounts receivable: -€13,248
- Cash -€3,450
down €3,450 (-89.5%), from €3,855 to €405
mainly Receivables after one year (-€31,734) and Tax, wage and social debts (-€8,044)
- Other debts +€11,560
up €11,560, from €0 to €11,560
- Tax, wage and social debts -€8,044
down €8,044 (-23.8%), from €33,749 to €25,705
- Profit (loss) carried forward +€6,565
up €6,565 (+83.1%), from €7,897 to €14,462
- Debts after one year -€2,608
down €2,608 (-23.9%), from €10,930 to €8,323
- Current portion of long-term debt -€2,118
down €2,118 (-32.2%), from €6,582 to €4,464
- Gross operating margin -€21,495
down €21,495 (-45.4%), from €47,363 to €25,868
- Financial income +€7,490
new in 2024: €7,490
- Financial charges -€3,126
down €3,126 (-81.7%), from €3,827 to €700
- Taxes +€847
up €847 (+3.5%), from €24,205 to €25,052
- Other operating charges +€712
up €712 (+217.4%), from €328 to €1,040
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.
Cash bridge derived
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 | €157,223 | €161,372 | +€4,149 | +2.6% |
| Fixed assets | 21/28 | €25,000 | €25,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €25,000 | €25,000 | = | 0.0% |
| Land and buildings | 22 | €25,000 | €25,000 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €132,223 | €136,372 | +€4,149 | +3.1% |
| Amounts receivable after more than one year | 29 | €90,614 | €122,347 | +€31,734 | +35.0% |
| Other amounts receivable | 291 | €90,614 | €122,347 | +€31,734 | +35.0% |
| Amounts receivable within one year | 40/41 | €37,755 | €13,620 | -€24,134 | -63.9% |
| Trade receivables | 40 | €24,324 | €13,438 | -€10,886 | -44.8% |
| Other amounts receivable | 41 | €13,430 | €182 | -€13,248 | -98.6% |
| Cash at bank and in hand | 54/58 | €3,855 | €405 | -€3,450 | -89.5% |
| Total equity and liabilities | 10/49 | €157,223 | €161,372 | +€4,149 | +2.6% |
| Equity | 10/15 | €83,376 | €89,942 | +€6,565 | +7.9% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €56,880 | €55,020 | -€1,860 | -3.3% |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €56,880 | €55,020 | -€1,860 | -3.3% |
| Profit (loss) carried forward | 14 | €7,897 | €14,462 | +€6,565 | +83.1% |
| Amounts payable | 17/49 | €73,847 | €71,431 | -€2,416 | -3.3% |
| Amounts payable after more than one year | 17 | €10,930 | €8,323 | -€2,608 | -23.9% |
| Financial debts | 170/4 | €10,930 | €8,323 | -€2,608 | -23.9% |
| Amounts payable within one year | 42/48 | €40,386 | €41,759 | +€1,373 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €6,582 | €4,464 | -€2,118 | -32.2% |
| Trade debts | 44 | €55 | €30 | -€25 | -46.0% |
| Suppliers | 440/4 | €55 | €30 | -€25 | -46.0% |
| Taxes, remuneration and social security | 45 | €33,749 | €25,705 | -€8,044 | -23.8% |
| Taxes | 450/3 | €33,749 | €25,705 | -€8,044 | -23.8% |
| Other amounts payable | 47/48 | €0 | €11,560 | +€11,560 | |
| Accrued charges and deferred income | 492/3 | €22,531 | €21,349 | -€1,182 | -5.2% |
| Other operating charges | 640/8 | €328 | €1,040 | +€712 | +217.4% |
| Gross operating margin | 9900 | €47,363 | €25,868 | -€21,495 | -45.4% |
| Operating profit (loss) | 9901 | €47,035 | €24,828 | -€22,207 | -47.2% |
| Financial income | 75/76B | - | €7,490 | +€7,490 | |
| Recurring financial income | 75 | - | €7,490 | +€7,490 | |
| Financial charges | 65/66B | €3,827 | €700 | -€3,126 | -81.7% |
| Recurring financial charges | 65 | €3,827 | €700 | -€3,126 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €43,208 | €31,617 | -€11,591 | -26.8% |
| Income taxes | 67/77 | €24,205 | €25,052 | +€847 | +3.5% |
| Profit (loss) for the period | 9904 | €19,003 | €6,565 | -€12,438 | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,003 | €6,565 | -€12,438 | -65.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.