THREE TECH: 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.
THREE TECH
Largest movements
- Receivables within one year +€299,599
up €299,599 (+124%), from €242,488 to €542,087
of which Trade receivables: +€272,114
- Cash +€26,403
up €26,403 (+102%), from €25,881 to €52,284
mainly Trade debts (+€189,083) and Net result for the year (+€105,454)
- Trade debts +€189,083
up €189,083 (+161%), from €117,375 to €306,458
- Other debts +€100,000
new in 2025: €100,000
- Tax, wage and social debts +€32,599
up €32,599 (+399%), from €8,161 to €40,760
of which Taxes: +€29,977
- Gross operating margin +€122,937
up €122,937 (+164%), from €74,736 to €197,673
- Taxes +€29,963
up €29,963 (+1,012%), from €2,960 to €32,923
- Staff costs -€10,278
down €10,278 (-16.4%), from €62,834 to €52,556
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 | €272,099 | €599,235 | +€327,136 | +120% |
| Fixed assets | 21/28 | €2,302 | €3,777 | +€1,475 | +64.1% |
| Tangible fixed assets | 22/27 | €2,302 | €3,777 | +€1,475 | +64.1% |
| Plant, machinery and equipment | 23 | €328 | €0 | -€328 | -100% |
| Furniture and vehicles | 24 | €1,974 | €3,777 | +€1,802 | +91.3% |
| Current assets | 29/58 | €269,797 | €595,458 | +€325,661 | +121% |
| Amounts receivable within one year | 40/41 | €242,488 | €542,087 | +€299,599 | +124% |
| Trade receivables | 40 | €127,339 | €399,453 | +€272,114 | +214% |
| Other amounts receivable | 41 | €115,149 | €142,634 | +€27,485 | +23.9% |
| Cash at bank and in hand | 54/58 | €25,881 | €52,284 | +€26,403 | +102% |
| Deferred charges and accrued income | 490/1 | €1,427 | €1,086 | -€341 | -23.9% |
| Total equity and liabilities | 10/49 | €272,099 | €599,235 | +€327,136 | +120% |
| Equity | 10/15 | €146,563 | €152,017 | +€5,454 | +3.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,563 | €146,017 | +€5,454 | +3.9% |
| Amounts payable | 17/49 | €125,536 | €447,218 | +€321,682 | +256% |
| Amounts payable within one year | 42/48 | €125,536 | €447,218 | +€321,682 | +256% |
| Trade debts | 44 | €117,375 | €306,458 | +€189,083 | +161% |
| Suppliers | 440/4 | €117,375 | €306,458 | +€189,083 | +161% |
| Taxes, remuneration and social security | 45 | €8,161 | €40,760 | +€32,599 | +399% |
| Taxes | 450/3 | €2,960 | €32,937 | +€29,977 | +1,013% |
| Remuneration and social security | 454/9 | €5,201 | €7,823 | +€2,622 | +50.4% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Remuneration, social security and pensions | 62 | €62,834 | €52,556 | -€10,278 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,069 | €2,305 | -€1,764 | -43.3% |
| Other operating charges | 640/8 | €2,564 | €2,279 | -€285 | -11.1% |
| Gross operating margin | 9900 | €74,736 | €197,673 | +€122,937 | +164% |
| Operating profit (loss) | 9901 | €5,269 | €140,532 | +€135,263 | +2,567% |
| Financial income | 75/76B | €43 | €218 | +€175 | +403% |
| Recurring financial income | 75 | €43 | €218 | +€175 | +403% |
| Financial charges | 65/66B | €1,055 | €2,373 | +€1,318 | +125% |
| Recurring financial charges | 65 | €1,055 | €2,373 | +€1,318 | +125% |
| Profit (loss) for the period before taxes | 9903 | €4,257 | €138,377 | +€134,120 | +3,151% |
| Income taxes | 67/77 | €2,960 | €32,923 | +€29,963 | +1,012% |
| Profit (loss) for the period | 9904 | €1,297 | €105,454 | +€104,157 | +8,033% |
| Profit (loss) for the period to be appropriated | 9905 | €1,297 | €105,454 | +€104,157 | +8,033% |
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.