Thirty Four Limited: 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.
Thirty Four Limited
Largest movements
- Current investments +€69,463
up €69,463 (+1,489%), from €4,666 to €74,130
- Receivables within one year +€17,635
up €17,635 (+94.9%), from €18,590 to €36,225
of which Trade receivables: +€17,256
- Cash +€14,702
up €14,702 (+11.4%), from €129,204 to €143,907
mainly Net result for the year (+€80,328) and Tax, wage and social debts (+€25,283)
- Financial fixed assets +€4,666
new in 2025: €4,666
- Profit (loss) carried forward +€80,328
up €80,328 (+69.3%), from €115,941 to €196,269
- Tax, wage and social debts +€25,283
up €25,283 (+75.7%), from €33,397 to €58,679
of which Taxes: +€22,283
- Gross operating margin -€19,626
down €19,626 (-18.0%), from €108,803 to €89,177
- Financial income +€16,731
new in 2025: €16,731
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €152,461 | €259,268 | +€106,807 | +70.1% |
| Fixed assets | 21/28 | - | €4,666 | +€4,666 | |
| Financial fixed assets | 28 | - | €4,666 | +€4,666 | |
| Current assets | 29/58 | €152,461 | €254,601 | +€102,140 | +67.0% |
| Amounts receivable within one year | 40/41 | €18,590 | €36,225 | +€17,635 | +94.9% |
| Trade receivables | 40 | €18,590 | €35,846 | +€17,256 | +92.8% |
| Other amounts receivable | 41 | - | €379 | +€379 | |
| Current investments | 50/53 | €4,666 | €74,130 | +€69,463 | +1,489% |
| Cash at bank and in hand | 54/58 | €129,204 | €143,907 | +€14,702 | +11.4% |
| Deferred charges and accrued income | 490/1 | - | €340 | +€340 | |
| Total equity and liabilities | 10/49 | €152,461 | €259,268 | +€106,807 | +70.1% |
| Equity | 10/15 | €117,941 | €198,269 | +€80,328 | +68.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,941 | €196,269 | +€80,328 | +69.3% |
| Amounts payable | 17/49 | €34,520 | €60,999 | +€26,479 | +76.7% |
| Amounts payable within one year | 42/48 | €34,520 | €60,999 | +€26,479 | +76.7% |
| Trade debts | 44 | €284 | €1,480 | +€1,196 | +420% |
| Suppliers | 440/4 | €284 | €1,480 | +€1,196 | +420% |
| Taxes, remuneration and social security | 45 | €33,397 | €58,679 | +€25,283 | +75.7% |
| Taxes | 450/3 | €33,397 | €55,679 | +€22,283 | +66.7% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €839 | €839 | = | 0.0% |
| Other operating charges | 640/8 | €377 | €558 | +€181 | +48.2% |
| Gross operating margin | 9900 | €108,803 | €89,177 | -€19,626 | -18.0% |
| Operating profit (loss) | 9901 | €108,426 | €88,618 | -€19,808 | -18.3% |
| Financial income | 75/76B | - | €16,731 | +€16,731 | |
| Recurring financial income | 75 | - | €16,731 | +€16,731 | |
| Financial charges | 65/66B | €1,855 | €1,767 | -€88 | -4.8% |
| Recurring financial charges | 65 | €1,855 | €1,767 | -€88 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €106,571 | €103,582 | -€2,989 | -2.8% |
| Income taxes | 67/77 | €23,683 | €23,254 | -€428 | -1.8% |
| Profit (loss) for the period | 9904 | €82,888 | €80,328 | -€2,560 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €82,888 | €80,328 | -€2,560 | -3.1% |
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 29 October 2026 via checked.be.