LES 3 FRERES: 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.
LES 3 FRERES
Largest movements
- Receivables within one year +€28,669
up €28,669 (+26.1%), from €110,008 to €138,677
of which Trade receivables: +€26,629
- Tangible fixed assets -€19,689
down €19,689 (-99.2%), from €19,846 to €157
of which Leasing and similar rights: -€19,342
- Cash -€5,923
down €5,923 (-62.1%), from €9,544 to €3,621
mainly Receivables within one year (-€28,669) and Debts after one year (-€15,472)
- Debts after one year -€15,472
no longer reported in 2024 (was €15,472)
- Short-term financial debts +€13,658
new in 2024: €13,658
- Current portion of long-term debt -€7,208
no longer reported in 2024 (was €7,208)
- Trade debts +€6,289
up €6,289 (+24.1%), from €26,042 to €32,330
- Profit (loss) carried forward +€3,952
up €3,952 (+5.9%), from €67,209 to €71,162
- Turnover -€530,446
no longer reported in 2024 (was €530,446)
- Purchases and services -€499,045
no longer reported in 2024 (was €499,045)
- Depreciation -€9,008
down €9,008 (-96.3%), from €9,355 to €347
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.
Derived cash bridge
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 | €141,164 | €144,220 | +€3,057 | +2.2% |
| Fixed assets | 21/28 | €21,611 | €1,922 | -€19,689 | -91.1% |
| Tangible fixed assets | 22/27 | €19,846 | €157 | -€19,689 | -99.2% |
| Furniture and vehicles | 24 | €504 | €157 | -€347 | -68.8% |
| Leasing and similar rights | 25 | €19,342 | - | -€19,342 | |
| Financial fixed assets | 28 | €1,765 | €1,765 | = | 0.0% |
| Current assets | 29/58 | €119,552 | €142,298 | +€22,746 | +19.0% |
| Amounts receivable within one year | 40/41 | €110,008 | €138,677 | +€28,669 | +26.1% |
| Trade receivables | 40 | €89,290 | €115,920 | +€26,629 | +29.8% |
| Other amounts receivable | 41 | €20,718 | €22,757 | +€2,039 | +9.8% |
| Cash at bank and in hand | 54/58 | €9,544 | €3,621 | -€5,923 | -62.1% |
| Total equity and liabilities | 10/49 | €141,164 | €144,220 | +€3,057 | +2.2% |
| Equity | 10/15 | €87,669 | €91,622 | +€3,952 | +4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| 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 | €67,209 | €71,162 | +€3,952 | +5.9% |
| Amounts payable | 17/49 | €53,494 | €52,598 | -€896 | -1.7% |
| Amounts payable after more than one year | 17 | €15,472 | - | -€15,472 | |
| Financial debts | 170/4 | €15,472 | - | -€15,472 | |
| Amounts payable within one year | 42/48 | €38,022 | €52,598 | +€14,576 | +38.3% |
| Current portion of amounts payable after more than one year | 42 | €7,208 | - | -€7,208 | |
| Financial debts | 43 | - | €13,658 | +€13,658 | |
| Credit institutions | 430/8 | - | €13,658 | +€13,658 | |
| Trade debts | 44 | €26,042 | €32,330 | +€6,289 | +24.1% |
| Suppliers | 440/4 | €26,042 | €32,330 | +€6,289 | +24.1% |
| Taxes, remuneration and social security | 45 | €4,773 | €6,610 | +€1,837 | +38.5% |
| Taxes | 450/3 | €1,043 | €5,381 | +€4,338 | +416% |
| Remuneration and social security | 454/9 | €3,729 | €1,229 | -€2,500 | -67.0% |
| Turnover | 70 | €530,446 | - | -€530,446 | |
| Goods, raw materials, services and sundry goods | 60/61 | €499,045 | - | -€499,045 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,355 | €347 | -€9,008 | -96.3% |
| Other operating charges | 640/8 | €12,346 | €12,917 | +€570 | +4.6% |
| Gross operating margin | 9900 | €31,401 | €27,781 | -€3,620 | -11.5% |
| Operating profit (loss) | 9901 | €9,699 | €14,517 | +€4,818 | +49.7% |
| Financial income | 75/76B | €1,241 | €3,001 | +€1,760 | +142% |
| Recurring financial income | 75 | €1,241 | €3,001 | +€1,760 | +142% |
| Non-recurring financial income | 76B | €1,241 | €3,001 | +€1,760 | +142% |
| Financial charges | 65/66B | €3,716 | €7,138 | +€3,422 | +92.1% |
| Recurring financial charges | 65 | €2,218 | €4,174 | +€1,956 | +88.2% |
| Non-recurring financial charges | 66B | €1,498 | €2,964 | +€1,466 | +97.9% |
| Profit (loss) for the period before taxes | 9903 | €7,224 | €10,380 | +€3,156 | +43.7% |
| Income taxes | 67/77 | €1,647 | €6,428 | +€4,781 | +290% |
| Profit (loss) for the period | 9904 | €5,577 | €3,952 | -€1,625 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,577 | €3,952 | -€1,625 | -29.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.