ThreeFinancE: 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.
ThreeFinancE
Largest movements
- Tangible fixed assets -€19,519
down €19,519 (-18.7%), from €104,560 to €85,040
of which Furniture and vehicles: -€12,088
- Cash -€15,814
down €15,814 (-33.1%), from €47,752 to €31,939
mainly Contributions, distributions and other (-€61,053) and Deferred charges and accrued income (-€3,104)
- Current investments -€13,253
down €13,253 (-6.4%), from €208,570 to €195,317
- Reserves -€47,415
down €47,415 (-19.6%), from €242,460 to €195,045
of which Non-distributable reserves: -€47,415
- Gross operating margin +€24,029
up €24,029 (+1,306%), from €1,840 to €25,869
- Taxes +€4,710
new in 2025: €4,710
- Financial charges -€480
down €480 (-90.9%), from €528 to €48
- Other operating charges +€284
up €284 (+13.4%), from €2,120 to €2,405
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 | €374,133 | €329,534 | -€44,599 | -11.9% |
| Fixed assets | 21/28 | €104,560 | €85,040 | -€19,519 | -18.7% |
| Tangible fixed assets | 22/27 | €104,560 | €85,040 | -€19,519 | -18.7% |
| Land and buildings | 22 | €88,003 | €80,573 | -€7,431 | -8.4% |
| Furniture and vehicles | 24 | €16,556 | €4,468 | -€12,088 | -73.0% |
| Current assets | 29/58 | €269,574 | €244,494 | -€25,080 | -9.3% |
| Amounts receivable within one year | 40/41 | €13,251 | €14,133 | +€883 | +6.7% |
| Trade receivables | 40 | €1,668 | €2,551 | +€883 | +52.9% |
| Other amounts receivable | 41 | €11,583 | €11,583 | = | 0.0% |
| Current investments | 50/53 | €208,570 | €195,317 | -€13,253 | -6.4% |
| Cash at bank and in hand | 54/58 | €47,752 | €31,939 | -€15,814 | -33.1% |
| Deferred charges and accrued income | 490/1 | - | €3,104 | +€3,104 | |
| Total equity and liabilities | 10/49 | €374,133 | €329,534 | -€44,599 | -11.9% |
| Equity | 10/15 | €373,098 | €325,683 | -€47,415 | -12.7% |
| Contributions | 10/11 | €17,294 | €17,294 | = | 0.0% |
| Capital | 10 | €17,294 | €17,294 | = | 0.0% |
| Issued capital | 100 | €17,294 | €17,294 | = | 0.0% |
| Reserves | 13 | €242,460 | €195,045 | -€47,415 | -19.6% |
| Non-distributable reserves | 130/1 | €192,470 | €145,055 | -€47,415 | -24.6% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €190,610 | €143,195 | -€47,415 | -24.9% |
| Tax-exempt reserves | 132 | €49,990 | €49,990 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,343 | €113,343 | = | 0.0% |
| Amounts payable | 17/49 | €1,035 | €3,852 | +€2,816 | +272% |
| Amounts payable within one year | 42/48 | €1,035 | €3,852 | +€2,816 | +272% |
| Trade debts | 44 | €581 | €618 | +€38 | +6.5% |
| Suppliers | 440/4 | €581 | €618 | +€38 | +6.5% |
| Taxes, remuneration and social security | 45 | - | €2,779 | +€2,779 | |
| Taxes | 450/3 | - | €2,779 | +€2,779 | |
| Other amounts payable | 47/48 | €455 | €455 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,589 | €20,654 | +€65 | +0.3% |
| Other operating charges | 640/8 | €2,120 | €2,405 | +€284 | +13.4% |
| Gross operating margin | 9900 | €1,840 | €25,869 | +€24,029 | +1,306% |
| Operating profit (loss) | 9901 | -€20,869 | €2,810 | +€23,679 | |
| Financial income | 75/76B | €15,728 | €15,585 | -€144 | -0.9% |
| Recurring financial income | 75 | €15,728 | €15,585 | -€144 | -0.9% |
| Financial charges | 65/66B | €528 | €48 | -€480 | -90.9% |
| Recurring financial charges | 65 | €528 | €48 | -€480 | -90.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,669 | €18,347 | +€24,015 | |
| Income taxes | 67/77 | - | €4,710 | +€4,710 | |
| Profit (loss) for the period | 9904 | -€5,669 | €13,637 | +€19,306 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,669 | €13,637 | +€19,306 |
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 14 October 2026 via checked.be.