L3 NETWORKS: what changed
L3 NETWORKS
Largest movements
- Receivables within one year -€11,377
down €11,377 (-26.6%), from €42,848 to €31,471
of which Trade receivables: -€18,935
- Tangible fixed assets -€4,675
down €4,675 (-39.8%), from €11,750 to €7,075
of which Plant, machinery and equipment: -€3,915
- Profit (loss) carried forward -€9,192
down €9,192 (-61.8%), from €14,866 to €5,674
- Tax, wage and social debts -€3,891
down €3,891 (-29.0%), from €13,422 to €9,531
- Trade debts -€2,540
down €2,540 (-18.8%), from €13,493 to €10,953
- Gross operating margin -€31,237
down €31,237, from €26,806 to -€4,431
- Taxes -€4,958
no longer reported in 2024 (was €4,958)
- Other operating charges -€1,511
no longer reported in 2024 (was €1,511)
- Depreciation -€1,473
down €1,473 (-24.0%), from €6,149 to €4,675
- Financial income +€671
up €671 (+113%), from €592 to €1,262
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,241 | €46,617 | -€15,624 | -25.1% |
| Fixed assets | 21/28 | €11,750 | €7,075 | -€4,675 | -39.8% |
| Tangible fixed assets | 22/27 | €11,750 | €7,075 | -€4,675 | -39.8% |
| Plant, machinery and equipment | 23 | €6,543 | €2,628 | -€3,915 | -59.8% |
| Other tangible fixed assets | 26 | €5,207 | €4,447 | -€760 | -14.6% |
| Current assets | 29/58 | €50,491 | €39,542 | -€10,949 | -21.7% |
| Amounts receivable within one year | 40/41 | €42,848 | €31,471 | -€11,377 | -26.6% |
| Trade receivables | 40 | €26,405 | €7,470 | -€18,935 | -71.7% |
| Other amounts receivable | 41 | €16,443 | €24,001 | +€7,558 | +46.0% |
| Cash at bank and in hand | 54/58 | €7,643 | €8,071 | +€428 | +5.6% |
| Total equity and liabilities | 10/49 | €62,241 | €46,617 | -€15,624 | -25.1% |
| Equity | 10/15 | €35,326 | €26,134 | -€9,192 | -26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,866 | €5,674 | -€9,192 | -61.8% |
| Amounts payable | 17/49 | €26,915 | €20,484 | -€6,432 | -23.9% |
| Amounts payable within one year | 42/48 | €26,915 | €20,484 | -€6,432 | -23.9% |
| Trade debts | 44 | €13,493 | €10,953 | -€2,540 | -18.8% |
| Suppliers | 440/4 | €13,493 | €10,953 | -€2,540 | -18.8% |
| Taxes, remuneration and social security | 45 | €13,422 | €9,531 | -€3,891 | -29.0% |
| Taxes | 450/3 | €13,422 | €9,531 | -€3,891 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,149 | €4,675 | -€1,473 | -24.0% |
| Other operating charges | 640/8 | €1,511 | - | -€1,511 | |
| Gross operating margin | 9900 | €26,806 | -€4,431 | -€31,237 | |
| Operating profit (loss) | 9901 | €19,147 | -€9,106 | -€28,253 | |
| Financial income | 75/76B | €592 | €1,262 | +€671 | +113% |
| Recurring financial income | 75 | €592 | €1,262 | +€671 | +113% |
| Financial charges | 65/66B | €1,863 | €1,349 | -€514 | -27.6% |
| Recurring financial charges | 65 | €1,863 | €1,349 | -€514 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €17,875 | -€9,192 | -€27,068 | |
| Income taxes | 67/77 | €4,958 | - | -€4,958 | |
| Profit (loss) for the period | 9904 | €12,917 | -€9,192 | -€22,109 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,917 | -€9,192 | -€22,109 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.