A12 Services Group: 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.
A12 Services Group
Largest movements
- Receivables within one year +€2,779
up €2,779 (+31.8%), from €8,730 to €11,509
of which Other amounts receivable: +€5,439
- Tangible fixed assets +€2,683
up €2,683 (+16.6%), from €16,116 to €18,799
of which Plant, machinery and equipment: +€6,327
- Reserves +€9,595
up €9,595 (+16.9%), from €56,929 to €66,524
- Tax, wage and social debts -€8,170
down €8,170 (-62.3%), from €13,122 to €4,952
of which Taxes: -€5,866
- Other debts +€2,519
up €2,519 (+90.6%), from €2,781 to €5,301
- Gross operating margin -€27,700
down €27,700 (-52.9%), from €52,389 to €24,689
- Taxes -€8,221
down €8,221 (-64.6%), from €12,718 to €4,497
- Depreciation +€1,625
up €1,625 (+21.1%), from €7,685 to €9,309
- Financial income -€579
down €579 (-96.5%), from €600 to €21
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 | €137,506 | €142,836 | +€5,330 | +3.9% |
| Fixed assets | 21/28 | €16,116 | €18,799 | +€2,683 | +16.6% |
| Tangible fixed assets | 22/27 | €16,116 | €18,799 | +€2,683 | +16.6% |
| Land and buildings | 22 | €3,305 | €1,653 | -€1,653 | -50.0% |
| Plant, machinery and equipment | 23 | €7,074 | €13,401 | +€6,327 | +89.4% |
| Furniture and vehicles | 24 | €4,481 | €2,984 | -€1,498 | -33.4% |
| Other tangible fixed assets | 26 | €1,256 | €762 | -€494 | -39.3% |
| Current assets | 29/58 | €121,390 | €124,036 | +€2,647 | +2.2% |
| Stocks and contracts in progress | 3 | €11,774 | €11,463 | -€310 | -2.6% |
| Stocks | 30/36 | €11,774 | €11,463 | -€310 | -2.6% |
| Amounts receivable within one year | 40/41 | €8,730 | €11,509 | +€2,779 | +31.8% |
| Trade receivables | 40 | €8,730 | €6,070 | -€2,660 | -30.5% |
| Other amounts receivable | 41 | €0 | €5,439 | +€5,439 | |
| Cash at bank and in hand | 54/58 | €93,764 | €94,360 | +€596 | +0.6% |
| Deferred charges and accrued income | 490/1 | €7,122 | €6,704 | -€418 | -5.9% |
| Total equity and liabilities | 10/49 | €137,506 | €142,836 | +€5,330 | +3.9% |
| Equity | 10/15 | €113,995 | €123,590 | +€9,595 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,929 | €66,524 | +€9,595 | +16.9% |
| Distributable reserves | 133 | €56,929 | €66,524 | +€9,595 | +16.9% |
| Profit (loss) carried forward | 14 | €38,466 | €38,466 | = | 0.0% |
| Amounts payable | 17/49 | €23,511 | €19,245 | -€4,265 | -18.1% |
| Amounts payable within one year | 42/48 | €23,511 | €19,213 | -€4,298 | -18.3% |
| Trade debts | 44 | €7,607 | €8,960 | +€1,353 | +17.8% |
| Suppliers | 440/4 | €7,607 | €8,960 | +€1,353 | +17.8% |
| Taxes, remuneration and social security | 45 | €13,122 | €4,952 | -€8,170 | -62.3% |
| Taxes | 450/3 | €10,818 | €4,952 | -€5,866 | -54.2% |
| Remuneration and social security | 454/9 | €2,304 | €0 | -€2,304 | -100.0% |
| Other amounts payable | 47/48 | €2,781 | €5,301 | +€2,519 | +90.6% |
| Accrued charges and deferred income | 492/3 | - | €33 | +€33 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,685 | €9,309 | +€1,625 | +21.1% |
| Other operating charges | 640/8 | €629 | €644 | +€14 | +2.3% |
| Gross operating margin | 9900 | €52,389 | €24,689 | -€27,700 | -52.9% |
| Operating profit (loss) | 9901 | €44,075 | €14,736 | -€29,339 | -66.6% |
| Financial income | 75/76B | €600 | €21 | -€579 | -96.5% |
| Recurring financial income | 75 | €600 | €21 | -€579 | -96.5% |
| Financial charges | 65/66B | €362 | €664 | +€302 | +83.7% |
| Recurring financial charges | 65 | €362 | €664 | +€302 | +83.7% |
| Profit (loss) for the period before taxes | 9903 | €44,313 | €14,093 | -€30,220 | -68.2% |
| Income taxes | 67/77 | €12,718 | €4,497 | -€8,221 | -64.6% |
| Profit (loss) for the period | 9904 | €31,595 | €9,595 | -€22,000 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,595 | €9,595 | -€22,000 | -69.6% |
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 12 October 2026 via checked.be.