Skip to content

THE 3rd EYE: 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

THE 3rd EYE

BE 0658.846.566
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€3,736
2023 · -€4,167+€431
Equity
-€18,444
2023 · -€14,708-€3,736
Cash
€10,136
2023 · €75+€10,061
Balance sheet total
€172,706
2023 · €366,145-€193,439

Largest movements

2023 to 2024
Assets
  • Receivables after one year -€203,500

    down €203,500 (-55.6%), from €366,070 to €162,570

  • Cash +€10,061

    up €10,061 (+13353.9%), from €75 to €10,136

    mainly Receivables after one year (+€203,500) and Other debts (+€76,297)

Equity and liabilities
  • Debts after one year -€266,000

    down €266,000 (-69.8%), from €380,854 to €114,854

  • Other debts +€76,297

    new in 2024: €76,297

  • Profit (loss) carried forward -€3,736

    down €3,736 (-17.9%), from -€20,908 to -€24,644

Income statement
  • Other operating charges -€1,244

    down €1,244 (-55.6%), from €2,237 to €993

  • Gross operating margin -€909

    down €909 (-79.6%), from -€1,142 to -€2,051

  • Financial charges -€97

    down €97 (-12.3%), from €788 to €691

From the 2023 result to the 2024 result

effect on the 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 2023 -€4,167
Gross operating margin -€909
Other operating charges +€1,244
Financial charges +€97
Result 2024 -€3,736

Cash bridge derived

cash 2023 to 2024

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.

From operations +€276,061
Investment €0
Financing -€266,000
Cash 2023 €75
Net result for the year -€3,736
Receivables after one year +€203,500
Other debts +€76,297
Debts after one year -€266,000
Cash 2024 €10,136
Every line side by side 22 lines
Line Code 2023 2024 Change %
Total assets 20/58 €366,145 €172,706 -€193,439 -52.8%
Current assets 29/58 €366,145 €172,706 -€193,439 -52.8%
Amounts receivable after more than one year 29 €366,070 €162,570 -€203,500 -55.6%
Other amounts receivable 291 €366,070 €162,570 -€203,500 -55.6%
Cash at bank and in hand 54/58 €75 €10,136 +€10,061 +13353.9%
Total equity and liabilities 10/49 €366,145 €172,706 -€193,439 -52.8%
Equity 10/15 -€14,708 -€18,444 -€3,736 -25.4%
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€20,908 -€24,644 -€3,736 -17.9%
Amounts payable 17/49 €380,854 €191,150 -€189,703 -49.8%
Amounts payable after more than one year 17 €380,854 €114,854 -€266,000 -69.8%
Other amounts payable 178/9 €380,854 €114,854 -€266,000 -69.8%
Amounts payable within one year 42/48 - €76,297 +€76,297
Other amounts payable 47/48 - €76,297 +€76,297
Other operating charges 640/8 €2,237 €993 -€1,244 -55.6%
Gross operating margin 9900 -€1,142 -€2,051 -€909 -79.6%
Operating profit (loss) 9901 -€3,379 -€3,044 +€335 +9.9%
Financial charges 65/66B €788 €691 -€97 -12.3%
Recurring financial charges 65 €788 €691 -€97 -12.3%
Profit (loss) for the period before taxes 9903 -€4,167 -€3,736 +€431 +10.4%
Profit (loss) for the period 9904 -€4,167 -€3,736 +€431 +10.4%
Profit (loss) for the period to be appropriated 9905 -€4,167 -€3,736 +€431 +10.4%

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 12 October 2026 via checked.be.