Admin & 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.
Admin & Services
Largest movements
- Receivables within one year -€144,700
down €144,700 (-31.2%), from €463,997 to €319,297
of which Trade receivables: -€137,496
- Cash -€9,316
down €9,316 (-17.5%), from €53,219 to €43,904
mainly Trade debts (-€135,142) and Other debts (-€26,670)
- Trade debts -€135,142
down €135,142 (-44.7%), from €302,663 to €167,521
- Other debts -€26,670
down €26,670 (-15.1%), from €176,963 to €150,293
- Profit (loss) carried forward +€9,070
up €9,070, from -€7,577 to €1,492
- Gross operating margin -€9,539
down €9,539 (-14.7%), from €65,068 to €55,529
- Staff costs +€5,042
up €5,042 (+15.4%), from €32,773 to €37,815
- Other operating charges -€2,364
down €2,364 (-39.9%), from €5,925 to €3,561
- Depreciation +€696
up €696 (+18.6%), from €3,753 to €4,449
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 | €540,566 | €382,349 | -€158,216 | -29.3% |
| Fixed assets | 21/28 | €9,790 | €7,206 | -€2,584 | -26.4% |
| Tangible fixed assets | 22/27 | €7,810 | €5,226 | -€2,584 | -33.1% |
| Furniture and vehicles | 24 | €7,810 | €5,226 | -€2,584 | -33.1% |
| Financial fixed assets | 28 | €1,980 | €1,980 | = | 0.0% |
| Current assets | 29/58 | €530,776 | €375,143 | -€155,633 | -29.3% |
| Stocks and contracts in progress | 3 | €13,560 | €9,828 | -€3,732 | -27.5% |
| Stocks | 30/36 | €13,560 | €9,828 | -€3,732 | -27.5% |
| Amounts receivable within one year | 40/41 | €463,997 | €319,297 | -€144,700 | -31.2% |
| Trade receivables | 40 | €382,324 | €244,828 | -€137,496 | -36.0% |
| Other amounts receivable | 41 | €81,673 | €74,469 | -€7,204 | -8.8% |
| Cash at bank and in hand | 54/58 | €53,219 | €43,904 | -€9,316 | -17.5% |
| Deferred charges and accrued income | 490/1 | €0 | €2,115 | +€2,115 | |
| Total equity and liabilities | 10/49 | €540,566 | €382,349 | -€158,216 | -29.3% |
| Equity | 10/15 | €12,343 | €21,412 | +€9,070 | +73.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,720 | €13,720 | = | 0.0% |
| Non-distributable reserves | 130/1 | €720 | €720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €720 | €720 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,577 | €1,492 | +€9,070 | |
| Amounts payable | 17/49 | €528,223 | €360,937 | -€167,286 | -31.7% |
| Amounts payable within one year | 42/48 | €527,129 | €360,937 | -€166,192 | -31.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €302,663 | €167,521 | -€135,142 | -44.7% |
| Suppliers | 440/4 | €302,663 | €167,521 | -€135,142 | -44.7% |
| Advances received on contracts in progress | 46 | €33,364 | €33,364 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €14,139 | €9,760 | -€4,379 | -31.0% |
| Taxes | 450/3 | €9,175 | €2,064 | -€7,110 | -77.5% |
| Remuneration and social security | 454/9 | €4,964 | €7,695 | +€2,731 | +55.0% |
| Other amounts payable | 47/48 | €176,963 | €150,293 | -€26,670 | -15.1% |
| Accrued charges and deferred income | 492/3 | €1,094 | €0 | -€1,094 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €32,773 | €37,815 | +€5,042 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,753 | €4,449 | +€696 | +18.6% |
| Other operating charges | 640/8 | €5,925 | €3,561 | -€2,364 | -39.9% |
| Gross operating margin | 9900 | €65,068 | €55,529 | -€9,539 | -14.7% |
| Operating profit (loss) | 9901 | €22,617 | €9,703 | -€12,913 | -57.1% |
| Financial income | 75/76B | €503 | €39 | -€463 | -92.2% |
| Recurring financial income | 75 | €503 | €39 | -€463 | -92.2% |
| Financial charges | 65/66B | €649 | €673 | +€25 | +3.8% |
| Recurring financial charges | 65 | €649 | €673 | +€25 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €22,471 | €9,070 | -€13,401 | -59.6% |
| Profit (loss) for the period | 9904 | €22,471 | €9,070 | -€13,401 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,471 | €9,070 | -€13,401 | -59.6% |
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 13 October 2026 via checked.be.