3Wplus: 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.
3Wplus
Largest movements
- Receivables after one year +€6.5m
up €6.5m (+29.4%), from €21.9m to €28.4m
- Receivables within one year +€719,049
up €719,049 (+28.5%), from €2.5m to €3.2m
of which Other amounts receivable: +€758,787
- Cash -€454,082
down €454,082 (-54.4%), from €834,110 to €380,028
mainly Receivables after one year (-€6.5m) and Receivables within one year (-€719,049)
- Debts after one year +€6.3m
up €6.3m (+28.9%), from €21.9m to €28.3m
- Debts within one year +€525,606
up €525,606 (+20.5%), from €2.6m to €3.1m
of which Current portion of long-term debt: +€526,023
- Gross operating margin -€262,694
down €262,694 (-13.8%), from €1.9m to €1.6m
- Financial charges +€189,340
up €189,340 (+105.2%), from €180,029 to €369,369
- Financial income +€184,277
up €184,277 (+96.3%), from €191,280 to €375,556
- Staff costs +€78,137
up €78,137 (+4.9%), from €1.6m to €1.7m
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 | €25,825,845 | €32,609,628 | +€6.8m | +26.3% |
| Fixed assets | 21/28 | €519,836 | €563,934 | +€44,098 | +8.5% |
| Intangible fixed assets | 21 | €9,301 | €0 | -€9,301 | -100.0% |
| Tangible fixed assets | 22/27 | €510,035 | €563,434 | +€53,399 | +10.5% |
| Land and buildings | 22 | €459,942 | €444,897 | -€15,044 | -3.3% |
| Plant, machinery and equipment | 23 | €1,467 | €217 | -€1,250 | -85.2% |
| Furniture and vehicles | 24 | €48,627 | €118,320 | +€69,693 | +143.3% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €25,306,010 | €32,045,694 | +€6.7m | +26.6% |
| Amounts receivable after more than one year | 29 | €21,939,529 | €28,399,724 | +€6.5m | +29.4% |
| Other amounts receivable | 291 | €21,939,529 | €28,399,724 | +€6.5m | +29.4% |
| Amounts receivable within one year | 40/41 | €2,527,283 | €3,246,333 | +€719,049 | +28.5% |
| Trade receivables | 40 | €186,548 | €146,810 | -€39,738 | -21.3% |
| Other amounts receivable | 41 | €2,340,735 | €3,099,523 | +€758,787 | +32.4% |
| Cash at bank and in hand | 54/58 | €834,110 | €380,028 | -€454,082 | -54.4% |
| Deferred charges and accrued income | 490/1 | €5,088 | €19,610 | +€14,522 | +285.4% |
| Total equity and liabilities | 10/49 | €25,825,845 | €32,609,628 | +€6.8m | +26.3% |
| Equity | 10/15 | €1,260,661 | €1,203,315 | -€57,346 | -4.5% |
| Reserves | 13 | €268,167 | €268,167 | = | 0.0% |
| Profit (loss) carried forward | 14 | €992,495 | €917,369 | -€75,126 | -7.6% |
| Investment grants | 15 | - | €17,780 | +€17,780 | |
| Amounts payable | 17/49 | €24,565,184 | €31,406,313 | +€6.8m | +27.8% |
| Amounts payable after more than one year | 17 | €21,939,869 | €28,285,257 | +€6.3m | +28.9% |
| Financial debts | 170/4 | €21,939,869 | €28,285,257 | +€6.3m | +28.9% |
| Amounts payable within one year | 42/48 | €2,558,011 | €3,083,617 | +€525,606 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €2,028,387 | €2,554,410 | +€526,023 | +25.9% |
| Trade debts | 44 | €78,085 | €190,532 | +€112,447 | +144.0% |
| Suppliers | 440/4 | €78,085 | €190,532 | +€112,447 | +144.0% |
| Taxes, remuneration and social security | 45 | €325,526 | €302,317 | -€23,209 | -7.1% |
| Taxes | 450/3 | €72,233 | €59,127 | -€13,106 | -18.1% |
| Remuneration and social security | 454/9 | €253,293 | €243,190 | -€10,103 | -4.0% |
| Accrued charges and deferred income | 492/3 | €67,304 | €37,439 | -€29,865 | -44.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,581,337 | €1,659,474 | +€78,137 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,050 | €48,151 | +€1,101 | +2.3% |
| Other operating charges | 640/8 | €25,469 | €11,138 | -€14,331 | -56.3% |
| Gross operating margin | 9900 | €1,900,143 | €1,637,450 | -€262,694 | -13.8% |
| Operating profit (loss) | 9901 | €246,288 | -€81,313 | -€327,601 | |
| Financial income | 75/76B | €191,280 | €375,556 | +€184,277 | +96.3% |
| Recurring financial income | 75 | €191,280 | €375,556 | +€184,277 | +96.3% |
| Financial charges | 65/66B | €180,029 | €369,369 | +€189,340 | +105.2% |
| Recurring financial charges | 65 | €180,029 | €369,369 | +€189,340 | +105.2% |
| Profit (loss) for the period before taxes | 9903 | €257,539 | -€75,126 | -€332,665 | |
| Profit (loss) for the period | 9904 | €257,539 | -€75,126 | -€332,665 | |
| Profit (loss) for the period to be appropriated | 9905 | €257,539 | -€75,126 | -€332,665 |
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 5 October 2026 via checked.be.