MACHINES 3D: 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.
What changed
MACHINES 3D
NACE 47.400, Retail sale of information and communication equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€112,555
2024 · €160,808-€273,363
Equity
€1.1m
2024 · €1.2m-€112,555
Cash
€5,493
2024 · €112,518-€107,025
Balance sheet total
€12.4m
2024 · €11.2m+€1.2m
Largest movements
Assets
- Tangible fixed assets +€872,449
up €872,449 (+14,492%), from €6,020 to €878,469
of which Land and buildings: +€788,776
- Financial fixed assets +€440,900
up €440,900 (+4.0%), from €11.1m to €11.5m
Equity and liabilities
- Debts after one year +€715,107
up €715,107 (+8.7%), from €8.3m to €9.0m
of which Financial debts: +€715,107
- Other debts +€536,623
up €536,623 (+31.1%), from €1.7m to €2.3m
Income statement
- Financial income -€108,489
down €108,489 (-62.0%), from €175,000 to €66,511
- Other operating charges +€106,586
up €106,586 (+9,996%), from €1,066 to €107,652
- Depreciation +€30,350
up €30,350 (+217%), from €13,967 to €44,316
- Staff costs +€20,487
up €20,487 (+21.6%), from €95,011 to €115,498
- Financial charges +€20,164
up €20,164 (+6,460%), from €312 to €20,476
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.
Result 2024
€160,808
Gross operating margin
+€12,339
Staff costs
-€20,487
Depreciation
-€30,350
Other operating charges
-€106,586
Financial income
-€108,489
Financial charges
-€20,164
Taxes
+€375
Result 2025
-€112,555
raises the resultlowers the result
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.
From operations
+€490,687
Investment
-€1.4m
Financing
+€759,954
Cash 2024
€112,518
From operations (derived)
+€490,687
Net result for the year
-€112,555
Depreciation
+€44,316
Receivables within one year
+€5,396
Smaller working-capital items
+€254
Trade debts
+€16,652
Other debts
+€536,623
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Financing
+€759,954
Debts after one year
+€715,107
Current portion of long-term debt
+€44,847
Cash 2025
€5,493
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,232,669 | €12,433,067 | +€1.2m | +10.7% |
| Fixed assets | 21/28 | €11,061,320 | €12,374,669 | +€1.3m | +11.9% |
| Tangible fixed assets | 22/27 | €6,020 | €878,469 | +€872,449 | +14,492% |
| Land and buildings | 22 | - | €788,776 | +€788,776 | |
| Plant, machinery and equipment | 23 | - | €744 | +€744 | |
| Furniture and vehicles | 24 | €5,409 | €72,658 | +€67,250 | +1,243% |
| Other tangible fixed assets | 26 | €612 | €16,290 | +€15,679 | +2,564% |
| Financial fixed assets | 28 | €11,055,300 | €11,496,200 | +€440,900 | +4.0% |
| Current assets | 29/58 | €171,349 | €58,398 | -€112,951 | -65.9% |
| Amounts receivable within one year | 40/41 | €16,864 | €11,467 | -€5,396 | -32.0% |
| Trade receivables | 40 | €10,000 | €7,119 | -€2,881 | -28.8% |
| Other amounts receivable | 41 | €6,864 | €4,349 | -€2,515 | -36.6% |
| Current investments | 50/53 | €37,800 | €37,800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €112,518 | €5,493 | -€107,025 | -95.1% |
| Deferred charges and accrued income | 490/1 | €4,167 | €3,637 | -€530 | -12.7% |
| Total equity and liabilities | 10/49 | €11,232,669 | €12,433,067 | +€1.2m | +10.7% |
| Equity | 10/15 | €1,203,323 | €1,090,768 | -€112,555 | -9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,744 | €16,744 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,889 | €14,889 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,180,379 | €1,067,825 | -€112,555 | -9.5% |
| Provisions and deferred taxes | 16 | €27,000 | €27,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €27,000 | €27,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €27,000 | €27,000 | = | 0.0% |
| Amounts payable | 17/49 | €10,002,346 | €11,315,299 | +€1.3m | +13.1% |
| Amounts payable after more than one year | 17 | €8,250,000 | €8,965,107 | +€715,107 | +8.7% |
| Financial debts | 170/4 | - | €715,107 | +€715,107 | |
| Other amounts payable | 178/9 | €8,250,000 | €8,250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,752,346 | €2,350,191 | +€597,846 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | - | €44,847 | +€44,847 | |
| Trade debts | 44 | €9,643 | €26,295 | +€16,652 | +173% |
| Suppliers | 440/4 | €9,643 | €26,295 | +€16,652 | +173% |
| Taxes, remuneration and social security | 45 | €18,513 | €18,237 | -€276 | -1.5% |
| Taxes | 450/3 | €3,443 | €3,425 | -€18 | -0.5% |
| Remuneration and social security | 454/9 | €15,070 | €14,812 | -€258 | -1.7% |
| Other amounts payable | 47/48 | €1,724,190 | €2,260,813 | +€536,623 | +31.1% |
| Remuneration, social security and pensions | 62 | €95,011 | €115,498 | +€20,487 | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,967 | €44,316 | +€30,350 | +217% |
| Other operating charges | 640/8 | €1,066 | €107,652 | +€106,586 | +9,996% |
| Gross operating margin | 9900 | €96,964 | €109,303 | +€12,339 | +12.7% |
| Operating profit (loss) | 9901 | -€13,080 | -€158,164 | -€145,084 | -1,109% |
| Financial income | 75/76B | €175,000 | €66,511 | -€108,489 | -62.0% |
| Recurring financial income | 75 | €175,000 | €66,511 | -€108,489 | -62.0% |
| Financial charges | 65/66B | €312 | €20,476 | +€20,164 | +6,460% |
| Recurring financial charges | 65 | €312 | €20,476 | +€20,164 | +6,460% |
| Profit (loss) for the period before taxes | 9903 | €161,608 | -€112,130 | -€273,738 | |
| Income taxes | 67/77 | €800 | €425 | -€375 | -46.9% |
| Profit (loss) for the period | 9904 | €160,808 | -€112,555 | -€273,363 | |
| Profit (loss) for the period to be appropriated | 9905 | €160,808 | -€112,555 | -€273,363 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.