ADMINISTRATION en 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.
ADMINISTRATION en SERVICES
Largest movements
- Tangible fixed assets +€26,613
up €26,613 (+50.6%), from €52,582 to €79,195
of which Other tangible fixed assets: +€13,669
- Cash +€25,772
up €25,772 (+97.1%), from €26,536 to €52,308
mainly Other debts (+€58,870) and Depreciation (+€13,736)
- Current investments -€10,278
down €10,278 (-33.7%), from €30,543 to €20,265
- Receivables within one year +€1,649
up €1,649 (+47.3%), from €3,488 to €5,137
of which Other amounts receivable: +€2,841
- Deferred charges and accrued income +€1,608
up €1,608 (+137%), from €1,170 to €2,778
- Other debts +€58,870
up €58,870 (+781%), from €7,538 to €66,408
- Reserves -€12,463
down €12,463 (-17.8%), from €69,916 to €57,453
- Financial income -€13,663
down €13,663 (-92.3%), from €14,803 to €1,140
of which Non-recurring financial income: -€12,597
- Depreciation +€12,349
up €12,349 (+890%), from €1,388 to €13,736
- Taxes -€10,975
down €10,975 (-91.1%), from €12,041 to €1,066
- Gross operating margin -€9,382
down €9,382 (-39.3%), from €23,853 to €14,471
- Other operating charges +€967
up €967 (+247%), from €391 to €1,359
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 | €114,751 | €160,114 | +€45,363 | +39.5% |
| Fixed assets | 21/28 | €53,012 | €79,625 | +€26,613 | +50.2% |
| Tangible fixed assets | 22/27 | €52,582 | €79,195 | +€26,613 | +50.6% |
| Furniture and vehicles | 24 | €50,726 | €63,669 | +€12,944 | +25.5% |
| Other tangible fixed assets | 26 | €1,857 | €15,526 | +€13,669 | +736% |
| Financial fixed assets | 28 | €430 | €430 | = | 0.0% |
| Current assets | 29/58 | €61,738 | €80,488 | +€18,750 | +30.4% |
| Amounts receivable within one year | 40/41 | €3,488 | €5,137 | +€1,649 | +47.3% |
| Trade receivables | 40 | €3,488 | €2,296 | -€1,193 | -34.2% |
| Other amounts receivable | 41 | - | €2,841 | +€2,841 | |
| Current investments | 50/53 | €30,543 | €20,265 | -€10,278 | -33.7% |
| Cash at bank and in hand | 54/58 | €26,536 | €52,308 | +€25,772 | +97.1% |
| Deferred charges and accrued income | 490/1 | €1,170 | €2,778 | +€1,608 | +137% |
| Total equity and liabilities | 10/49 | €114,751 | €160,114 | +€45,363 | +39.5% |
| Equity | 10/15 | €96,580 | €83,143 | -€13,437 | -13.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Contributions outside capital | 11 | €6,197 | - | -€6,197 | |
| Other | 1109/19 | €6,197 | - | -€6,197 | |
| Reserves | 13 | €69,916 | €57,453 | -€12,463 | -17.8% |
| Distributable reserves | 133 | €69,916 | €57,453 | -€12,463 | -17.8% |
| Profit (loss) carried forward | 14 | €20,466 | €19,493 | -€973 | -4.8% |
| Amounts payable | 17/49 | €18,170 | €76,970 | +€58,800 | +324% |
| Amounts payable within one year | 42/48 | €18,170 | €76,970 | +€58,800 | +324% |
| Trade debts | 44 | €1,680 | €179 | -€1,501 | -89.4% |
| Suppliers | 440/4 | €1,680 | €179 | -€1,501 | -89.4% |
| Taxes, remuneration and social security | 45 | €8,953 | €10,384 | +€1,431 | +16.0% |
| Taxes | 450/3 | €8,953 | €10,384 | +€1,431 | +16.0% |
| Other amounts payable | 47/48 | €7,538 | €66,408 | +€58,870 | +781% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,388 | €13,736 | +€12,349 | +890% |
| Other operating charges | 640/8 | €391 | €1,359 | +€967 | +247% |
| Gross operating margin | 9900 | €23,853 | €14,471 | -€9,382 | -39.3% |
| Operating profit (loss) | 9901 | €22,074 | -€623 | -€22,698 | |
| Financial income | 75/76B | €14,803 | €1,140 | -€13,663 | -92.3% |
| Recurring financial income | 75 | €2,206 | €1,140 | -€1,067 | -48.3% |
| Non-recurring financial income | 76B | €12,597 | - | -€12,597 | |
| Financial charges | 65/66B | €126 | €424 | +€298 | +236% |
| Recurring financial charges | 65 | €126 | €424 | +€298 | +236% |
| Profit (loss) for the period before taxes | 9903 | €36,751 | €92 | -€36,659 | -99.7% |
| Income taxes | 67/77 | €12,041 | €1,066 | -€10,975 | -91.1% |
| Profit (loss) for the period | 9904 | €24,710 | -€973 | -€25,683 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,710 | -€973 | -€25,683 |
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 15 October 2026 via checked.be.