Three Advisory: what changed
Two fiscal 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.
Three Advisory
Largest movements
- Cash +€99,944
up €99,944 (+36.3%), from €275,474 to €375,418
mainly Net result for the year (+€258,540) and Other debts (+€73,987)
- Tangible fixed assets -€13,553
down €13,553 (-25.2%), from €53,792 to €40,239
- Other debts +€73,987
up €73,987 (+30.0%), from €246,536 to €320,524
- Tax, wage and social debts +€10,565
up €10,565 (+16.1%), from €65,780 to €76,344
- Gross operating margin +€20,836
up €20,836 (+6.3%), from €332,179 to €353,014
- Taxes +€3,660
up €3,660 (+4.8%), from €76,532 to €80,191
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.
Cash bridge derived
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 | €331,243 | €417,124 | +€85,881 | +25.9% |
| Fixed assets | 21/28 | €53,792 | €40,239 | -€13,553 | -25.2% |
| Tangible fixed assets | 22/27 | €53,792 | €40,239 | -€13,553 | -25.2% |
| Furniture and vehicles | 24 | €53,792 | €40,239 | -€13,553 | -25.2% |
| Current assets | 29/58 | €277,450 | €376,884 | +€99,434 | +35.8% |
| Amounts receivable within one year | 40/41 | €1,976 | €1,040 | -€936 | -47.4% |
| Trade receivables | 40 | €1,976 | €1,040 | -€936 | -47.4% |
| Cash at bank and in hand | 54/58 | €275,474 | €375,418 | +€99,944 | +36.3% |
| Deferred charges and accrued income | 490/1 | €0 | €426 | +€426 | |
| Total equity and liabilities | 10/49 | €331,243 | €417,124 | +€85,881 | +25.9% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €312,643 | €398,524 | +€85,881 | +27.5% |
| Amounts payable within one year | 42/48 | €312,643 | €398,524 | +€85,881 | +27.5% |
| Financial debts | 43 | €307 | €813 | +€506 | +164.8% |
| Credit institutions | 430/8 | €307 | €813 | +€506 | +164.8% |
| Trade debts | 44 | €20 | €843 | +€823 | +4186.8% |
| Suppliers | 440/4 | €20 | €843 | +€823 | +4186.8% |
| Taxes, remuneration and social security | 45 | €65,780 | €76,344 | +€10,565 | +16.1% |
| Taxes | 450/3 | €65,780 | €76,344 | +€10,565 | +16.1% |
| Other amounts payable | 47/48 | €246,536 | €320,524 | +€73,987 | +30.0% |
| Non-recurring operating income | 76A | - | €6,188 | +€6,188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,810 | €13,286 | +€2,476 | +22.9% |
| Other operating charges | 640/8 | €1,083 | €932 | -€151 | -14.0% |
| Gross operating margin | 9900 | €332,179 | €353,014 | +€20,836 | +6.3% |
| Operating profit (loss) | 9901 | €320,286 | €338,797 | +€18,511 | +5.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +66.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +66.7% |
| Financial charges | 65/66B | €52 | €65 | +€13 | +25.4% |
| Recurring financial charges | 65 | €52 | €65 | +€13 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €320,234 | €338,732 | +€18,498 | +5.8% |
| Income taxes | 67/77 | €76,532 | €80,191 | +€3,660 | +4.8% |
| Profit (loss) for the period | 9904 | €243,702 | €258,540 | +€14,838 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €243,702 | €258,540 | +€14,838 | +6.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.