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Three Development: 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.

What changed

Three Development

BE 0748.422.405
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€1,948
2023 · -€1,737-€211
Equity
-€72,402
2023 · -€70,453-€1,948
Cash
€19,096
2023 · €71,131-€52,035
Balance sheet total
€24,507
2023 · €76,455-€51,948

Largest movements

2023 to 2024
Assets
  • Cash -€52,035

    down €52,035 (-73.2%), from €71,131 to €19,096

    mainly Other debts (-€50,000) and Net result for the year (-€1,948)

Equity and liabilities
  • Other debts -€50,000

    down €50,000 (-34.0%), from €146,908 to €96,908

  • Profit (loss) carried forward -€1,948

    down €1,948 (-2.6%), from -€75,453 to -€77,402

Income statement
  • Gross operating margin -€195

    down €195 (-16.5%), from -€1,182 to -€1,377

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 -€1,737
Gross operating margin -€195
Other operating charges -€12
Financial income +€0
Financial charges -€5
Result 2024 -€1,948

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 -€52,035
Investment €0
Financing €0
Cash 2023 €71,131
Net result for the year -€1,948
Receivables within one year -€86
Other debts -€50,000
Cash 2024 €19,096
Every line side by side 22 lines
Line Code 2023 2024 Change %
Total assets 20/58 €76,455 €24,507 -€51,948 -67.9%
Current assets 29/58 €76,455 €24,507 -€51,948 -67.9%
Amounts receivable within one year 40/41 €5,324 €5,410 +€86 +1.6%
Other amounts receivable 41 €5,324 €5,410 +€86 +1.6%
Cash at bank and in hand 54/58 €71,131 €19,096 -€52,035 -73.2%
Total equity and liabilities 10/49 €76,455 €24,507 -€51,948 -67.9%
Equity 10/15 -€70,453 -€72,402 -€1,948 -2.8%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 -€75,453 -€77,402 -€1,948 -2.6%
Amounts payable 17/49 €146,908 €96,908 -€50,000 -34.0%
Amounts payable within one year 42/48 €146,908 €96,908 -€50,000 -34.0%
Other amounts payable 47/48 €146,908 €96,908 -€50,000 -34.0%
Other operating charges 640/8 €516 €528 +€12 +2.3%
Gross operating margin 9900 -€1,182 -€1,377 -€195 -16.5%
Operating profit (loss) 9901 -€1,698 -€1,905 -€207 -12.2%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €39 €44 +€5 +11.5%
Recurring financial charges 65 €39 €44 +€5 +11.5%
Profit (loss) for the period before taxes 9903 -€1,737 -€1,948 -€211 -12.1%
Profit (loss) for the period 9904 -€1,737 -€1,948 -€211 -12.1%
Profit (loss) for the period to be appropriated 9905 -€1,737 -€1,948 -€211 -12.1%

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.