A.R.SERVICES: 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.
A.R.SERVICES
Largest movements
- Receivables within one year -€40,462
down €40,462 (-98.6%), from €41,049 to €587
- Cash +€32,804
up €32,804 (+169.5%), from €19,352 to €52,156
mainly Receivables within one year (+€40,462) and Trade debts (+€2,720)
- Tangible fixed assets +€9,169
new in 2025: €9,169
- Trade debts +€2,720
up €2,720 (+48.2%), from €5,641 to €8,361
- Profit (loss) carried forward -€2,141
down €2,141 (-6.1%), from €35,119 to €32,979
- Tax, wage and social debts +€931
up €931 (+35.3%), from €2,641 to €3,572
- Financial charges +€39,862
up €39,862 (+69933.4%), from €57 to €39,919
- Gross operating margin +€12,791
up €12,791 (+38.5%), from €33,248 to €46,038
- Taxes +€5,047
up €5,047 (+244.3%), from €2,066 to €7,114
- Depreciation -€4,854
down €4,854 (-80.9%), from €6,001 to €1,146
- Other operating charges -€2,480
no longer reported in 2025 (was €2,480)
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.
Cash bridge derived
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 | €60,401 | €61,912 | +€1,511 | +2.5% |
| Fixed assets | 21/28 | - | €9,169 | +€9,169 | |
| Tangible fixed assets | 22/27 | - | €9,169 | +€9,169 | |
| Furniture and vehicles | 24 | - | €9,169 | +€9,169 | |
| Current assets | 29/58 | €60,401 | €52,743 | -€7,658 | -12.7% |
| Amounts receivable within one year | 40/41 | €41,049 | €587 | -€40,462 | -98.6% |
| Trade receivables | 40 | €41,049 | €587 | -€40,462 | -98.6% |
| Cash at bank and in hand | 54/58 | €19,352 | €52,156 | +€32,804 | +169.5% |
| Total equity and liabilities | 10/49 | €60,401 | €61,912 | +€1,511 | +2.5% |
| Equity | 10/15 | €52,119 | €49,979 | -€2,141 | -4.1% |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,119 | €32,979 | -€2,141 | -6.1% |
| Amounts payable | 17/49 | €8,282 | €11,933 | +€3,651 | +44.1% |
| Amounts payable within one year | 42/48 | €8,282 | €11,933 | +€3,651 | +44.1% |
| Trade debts | 44 | €5,641 | €8,361 | +€2,720 | +48.2% |
| Suppliers | 440/4 | €5,641 | €8,361 | +€2,720 | +48.2% |
| Taxes, remuneration and social security | 45 | €2,641 | €3,572 | +€931 | +35.3% |
| Taxes | 450/3 | €2,641 | €3,572 | +€931 | +35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,001 | €1,146 | -€4,854 | -80.9% |
| Other operating charges | 640/8 | €2,480 | - | -€2,480 | |
| Gross operating margin | 9900 | €33,248 | €46,038 | +€12,791 | +38.5% |
| Operating profit (loss) | 9901 | €24,767 | €44,892 | +€20,125 | +81.3% |
| Financial charges | 65/66B | €57 | €39,919 | +€39,862 | +69933.4% |
| Recurring financial charges | 65 | €57 | €39,919 | +€39,862 | +69933.4% |
| Profit (loss) for the period before taxes | 9903 | €24,710 | €4,973 | -€19,737 | -79.9% |
| Income taxes | 67/77 | €2,066 | €7,114 | +€5,047 | +244.3% |
| Profit (loss) for the period | 9904 | €22,644 | -€2,141 | -€24,784 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,644 | -€2,141 | -€24,784 |
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 11 October 2026 via checked.be.