T3K: 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.
T3K
Largest movements
- Receivables within one year -€2,931
down €2,931 (-75.1%), from €3,901 to €970
- Deferred charges and accrued income -€94
down €94 (-20.7%), from €453 to €359
- Other debts -€6,036
down €6,036 (-24.1%), from €25,002 to €18,967
- Advances received +€4,773
new in 2024: €4,773
- Tax, wage and social debts -€3,454
down €3,454 (-41.3%), from €8,360 to €4,906
of which Taxes: -€3,454
- Profit (loss) carried forward +€1,586
up €1,586 (+3.9%), from -€40,594 to -€39,008
- Trade debts +€148
up €148 (+5.1%), from €2,887 to €3,035
- Staff costs -€17,584
no longer reported in 2024 (was €17,584)
- Other operating charges -€9,691
down €9,691 (-92.3%), from €10,496 to €805
- Gross operating margin -€9,591
down €9,591 (-73.6%), from €13,024 to €3,433
- Depreciation -€3,259
no longer reported in 2024 (was €3,259)
- Financial charges +€445
up €445 (+123%), from €360 to €805
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 | €5,105 | €2,122 | -€2,983 | -58.4% |
| Fixed assets | 21/28 | €716 | €716 | = | 0.0% |
| Financial fixed assets | 28 | €716 | €716 | = | 0.0% |
| Current assets | 29/58 | €4,389 | €1,406 | -€2,983 | -68.0% |
| Amounts receivable within one year | 40/41 | €3,901 | €970 | -€2,931 | -75.1% |
| Trade receivables | 40 | €3,901 | €970 | -€2,931 | -75.1% |
| Cash at bank and in hand | 54/58 | €35 | €77 | +€42 | +121% |
| Deferred charges and accrued income | 490/1 | €453 | €359 | -€94 | -20.7% |
| Total equity and liabilities | 10/49 | €5,105 | €2,122 | -€2,983 | -58.4% |
| Equity | 10/15 | -€31,144 | -€29,558 | +€1,586 | +5.1% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €1,950 | €1,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,950 | €1,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,594 | -€39,008 | +€1,586 | +3.9% |
| Amounts payable | 17/49 | €36,249 | €31,680 | -€4,569 | -12.6% |
| Amounts payable within one year | 42/48 | €36,249 | €31,680 | -€4,569 | -12.6% |
| Trade debts | 44 | €2,887 | €3,035 | +€148 | +5.1% |
| Suppliers | 440/4 | €2,887 | €3,035 | +€148 | +5.1% |
| Advances received on contracts in progress | 46 | - | €4,773 | +€4,773 | |
| Taxes, remuneration and social security | 45 | €8,360 | €4,906 | -€3,454 | -41.3% |
| Taxes | 450/3 | €4,495 | €1,040 | -€3,454 | -76.9% |
| Remuneration and social security | 454/9 | €3,865 | €3,865 | = | 0.0% |
| Other amounts payable | 47/48 | €25,002 | €18,967 | -€6,036 | -24.1% |
| Remuneration, social security and pensions | 62 | €17,584 | - | -€17,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,259 | - | -€3,259 | |
| Other operating charges | 640/8 | €10,496 | €805 | -€9,691 | -92.3% |
| Gross operating margin | 9900 | €13,024 | €3,433 | -€9,591 | -73.6% |
| Operating profit (loss) | 9901 | -€18,315 | €2,628 | +€20,943 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €360 | €805 | +€445 | +123% |
| Recurring financial charges | 65 | €360 | €805 | +€445 | +123% |
| Profit (loss) for the period before taxes | 9903 | -€18,675 | €1,826 | +€20,502 | |
| Income taxes | 67/77 | €161 | €240 | +€80 | +49.7% |
| Profit (loss) for the period | 9904 | -€18,836 | €1,586 | +€20,422 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,836 | €1,586 | +€20,422 |
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 13 October 2026 via checked.be.