Den 3wieler: 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.
Den 3wieler
Largest movements
- Tangible fixed assets -€18,372
down €18,372 (-6.9%), from €265,383 to €247,012
of which Land and buildings: -€18,724
- Cash -€15,881
down €15,881 (-61.0%), from €26,037 to €10,156
mainly Debts after one year (-€27,430) and Net result for the year (-€15,618)
- Intangible fixed assets -€4,285
down €4,285 (-99.9%), from €4,290 to €5
- Debts after one year -€27,430
down €27,430 (-8.6%), from €320,642 to €293,212
of which Financial debts: -€17,430
- Profit (loss) carried forward -€15,618
down €15,618 (-32.6%), from -€47,895 to -€63,513
- Gross operating margin -€23,100
down €23,100 (-25.8%), from €89,683 to €66,584
- Other operating charges -€3,424
down €3,424 (-88.3%), from €3,878 to €454
- Depreciation -€1,611
down €1,611 (-6.3%), from €25,657 to €24,046
- Staff costs +€1,506
up €1,506 (+2.8%), from €53,034 to €54,540
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.
Derived cash bridge
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 | €304,248 | €263,980 | -€40,269 | -13.2% |
| Fixed assets | 21/28 | €269,673 | €247,017 | -€22,657 | -8.4% |
| Intangible fixed assets | 21 | €4,290 | €5 | -€4,285 | -99.9% |
| Tangible fixed assets | 22/27 | €265,383 | €247,012 | -€18,372 | -6.9% |
| Land and buildings | 22 | €263,409 | €244,685 | -€18,724 | -7.1% |
| Plant, machinery and equipment | 23 | €1,974 | €2,326 | +€352 | +17.9% |
| Current assets | 29/58 | €34,575 | €16,963 | -€17,612 | -50.9% |
| Stocks and contracts in progress | 3 | €4,035 | €4,068 | +€32 | +0.8% |
| Stocks | 30/36 | €4,035 | €4,068 | +€32 | +0.8% |
| Amounts receivable within one year | 40/41 | €1,825 | €2,167 | +€342 | +18.8% |
| Trade receivables | 40 | - | €897 | +€897 | |
| Other amounts receivable | 41 | €1,825 | €1,271 | -€554 | -30.4% |
| Cash at bank and in hand | 54/58 | €26,037 | €10,156 | -€15,881 | -61.0% |
| Deferred charges and accrued income | 490/1 | €2,678 | €572 | -€2,106 | -78.6% |
| Total equity and liabilities | 10/49 | €304,248 | €263,980 | -€40,269 | -13.2% |
| Equity | 10/15 | -€29,295 | -€44,913 | -€15,618 | -53.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,895 | -€63,513 | -€15,618 | -32.6% |
| Amounts payable | 17/49 | €333,543 | €308,893 | -€24,650 | -7.4% |
| Amounts payable after more than one year | 17 | €320,642 | €293,212 | -€27,430 | -8.6% |
| Financial debts | 170/4 | €271,642 | €254,212 | -€17,430 | -6.4% |
| Other amounts payable | 178/9 | €49,000 | €39,000 | -€10,000 | -20.4% |
| Amounts payable within one year | 42/48 | €12,901 | €15,681 | +€2,780 | +21.5% |
| Trade debts | 44 | €3,902 | €5,246 | +€1,344 | +34.4% |
| Suppliers | 440/4 | €3,902 | €5,246 | +€1,344 | +34.4% |
| Taxes, remuneration and social security | 45 | €4,887 | €6,136 | +€1,250 | +25.6% |
| Taxes | 450/3 | - | €2,542 | +€2,542 | |
| Remuneration and social security | 454/9 | €4,887 | €3,595 | -€1,292 | -26.4% |
| Other amounts payable | 47/48 | €4,113 | €4,299 | +€186 | +4.5% |
| Remuneration, social security and pensions | 62 | €53,034 | €54,540 | +€1,506 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,657 | €24,046 | -€1,611 | -6.3% |
| Other operating charges | 640/8 | €3,878 | €454 | -€3,424 | -88.3% |
| Gross operating margin | 9900 | €89,683 | €66,584 | -€23,100 | -25.8% |
| Operating profit (loss) | 9901 | €7,114 | -€12,457 | -€19,571 | |
| Financial income | 75/76B | €2,199 | €2,228 | +€29 | +1.3% |
| Recurring financial income | 75 | €2,199 | €2,228 | +€29 | +1.3% |
| Financial charges | 65/66B | €5,656 | €5,390 | -€266 | -4.7% |
| Recurring financial charges | 65 | €5,656 | €5,390 | -€266 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €3,657 | -€15,618 | -€19,276 | |
| Profit (loss) for the period | 9904 | €3,657 | -€15,618 | -€19,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,657 | -€15,618 | -€19,276 |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.