3V: 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.
3V
Largest movements
- Tangible fixed assets -€17,699
down €17,699 (-5.6%), from €313,323 to €295,624
of which Land and buildings: -€24,179
- Debts after one year -€17,113
down €17,113 (-21.0%), from €81,605 to €64,491
of which Financial debts: -€18,003
- Other debts -€3,877
down €3,877 (-9.0%), from €43,138 to €39,262
- Gross operating margin -€15,819
down €15,819 (-31.7%), from €49,959 to €34,140
- Taxes -€4,502
down €4,502 (-70.2%), from €6,412 to €1,910
- Depreciation -€1,749
down €1,749 (-6.6%), from €26,496 to €24,747
- Financial charges -€706
down €706 (-23.9%), from €2,960 to €2,254
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 | €358,592 | €343,975 | -€14,618 | -4.1% |
| Fixed assets | 21/28 | €313,323 | €295,624 | -€17,699 | -5.6% |
| Tangible fixed assets | 22/27 | €313,323 | €295,624 | -€17,699 | -5.6% |
| Land and buildings | 22 | €313,323 | €289,144 | -€24,179 | -7.7% |
| Furniture and vehicles | 24 | €0 | €6,480 | +€6,480 | |
| Current assets | 29/58 | €45,269 | €48,351 | +€3,081 | +6.8% |
| Amounts receivable within one year | 40/41 | €34,082 | €34,896 | +€814 | +2.4% |
| Trade receivables | 40 | - | €503 | +€503 | |
| Other amounts receivable | 41 | €34,082 | €34,393 | +€311 | +0.9% |
| Cash at bank and in hand | 54/58 | €4,574 | €5,804 | +€1,230 | +26.9% |
| Deferred charges and accrued income | 490/1 | €6,613 | €7,651 | +€1,038 | +15.7% |
| Total equity and liabilities | 10/49 | €358,592 | €343,975 | -€14,618 | -4.1% |
| Equity | 10/15 | €203,702 | €206,732 | +€3,030 | +1.5% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Capital | 10 | €140,000 | €140,000 | = | 0.0% |
| Issued capital | 100 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €52,850 | €55,880 | +€3,030 | +5.7% |
| Non-distributable reserves | 130/1 | €14,000 | €14,000 | = | 0.0% |
| Legal reserve | 130 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €38,850 | €41,880 | +€3,030 | +7.8% |
| Profit (loss) carried forward | 14 | €10,852 | €10,852 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,983 | €1,983 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,983 | €1,983 | = | 0.0% |
| Major repairs and maintenance | 162 | €1,983 | €1,983 | = | 0.0% |
| Amounts payable | 17/49 | €152,907 | €135,259 | -€17,647 | -11.5% |
| Amounts payable after more than one year | 17 | €81,605 | €64,491 | -€17,113 | -21.0% |
| Financial debts | 170/4 | €80,815 | €62,811 | -€18,003 | -22.3% |
| Other amounts payable | 178/9 | €790 | €1,680 | +€890 | +112.7% |
| Amounts payable within one year | 42/48 | €70,256 | €68,023 | -€2,233 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €17,630 | €18,003 | +€374 | +2.1% |
| Trade debts | 44 | €9,488 | €10,455 | +€967 | +10.2% |
| Suppliers | 440/4 | €9,488 | €10,455 | +€967 | +10.2% |
| Taxes, remuneration and social security | 45 | - | €303 | +€303 | |
| Taxes | 450/3 | - | €303 | +€303 | |
| Other amounts payable | 47/48 | €43,138 | €39,262 | -€3,877 | -9.0% |
| Accrued charges and deferred income | 492/3 | €1,046 | €2,745 | +€1,698 | +162.3% |
| Non-recurring operating income | 76A | €2,787 | €965 | -€1,822 | -65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,496 | €24,747 | -€1,749 | -6.6% |
| Other operating charges | 640/8 | €2,122 | €2,199 | +€77 | +3.6% |
| Gross operating margin | 9900 | €49,959 | €34,140 | -€15,819 | -31.7% |
| Operating profit (loss) | 9901 | €21,341 | €7,194 | -€14,147 | -66.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -71.4% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -71.4% |
| Financial charges | 65/66B | €2,960 | €2,254 | -€706 | -23.9% |
| Recurring financial charges | 65 | €2,960 | €2,254 | -€706 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €18,381 | €4,940 | -€13,441 | -73.1% |
| Income taxes | 67/77 | €6,412 | €1,910 | -€4,502 | -70.2% |
| Profit (loss) for the period | 9904 | €11,969 | €3,030 | -€8,939 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,969 | €3,030 | -€8,939 | -74.7% |
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 1 October 2026 via checked.be.