ADVANCED SERVICE PROVIDER: 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.
What changed
ADVANCED SERVICE PROVIDER
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€4,807
2024 · -€298,768+€293,961
Equity
€1.7m
2024 · €1.7m-€4,807
Cash
€399,544
2024 · €256,293+€143,251
Balance sheet total
€4.1m
2024 · €4.4m-€297,966
Largest movements
Assets
- Receivables within one year -€633,227
down €633,227 (-45.4%), from €1.4m to €760,195
of which Trade receivables: -€629,777
- Intangible fixed assets +€221,545
new in 2025: €221,545
- Cash +€143,251
up €143,251 (+55.9%), from €256,293 to €399,544
mainly Receivables within one year (+€633,227) and Depreciation (+€150,429)
- Stocks and contracts +€125,357
up €125,357 (+376%), from €33,362 to €158,718
- Tangible fixed assets -€103,997
down €103,997 (-24.2%), from €429,627 to €325,630
Equity and liabilities
- Debts after one year -€278,822
down €278,822 (-26.5%), from €1.1m to €775,023
- Tax, wage and social debts -€52,464
down €52,464 (-7.9%), from €665,682 to €613,219
of which Taxes: -€79,017
Income statement
- Gross operating margin +€296,647
up €296,647 (+9.9%), from €3.0m to €3.3m
- Write-downs +€135,750
new in 2025: €135,750
- Staff costs -€126,805
down €126,805 (-4.1%), from €3.1m to €3.0m
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.
Result 2024
-€298,768
Gross operating margin
+€296,647
Staff costs
+€126,805
Depreciation
-€2,558
Write-downs
-€135,750
Other operating charges
-€10,469
Other operating items
+€10,410
Financial income
+€4,168
Financial charges
-€13,470
Taxes
+€18,178
Result 2025
-€4,807
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€657,772
Investment
-€267,977
Financing
-€246,545
Cash 2024
€256,293
From operations (derived)
+€657,772
Net result for the year
-€4,807
Depreciation
+€150,429
Stocks and contracts
-€125,357
Receivables within one year
+€633,227
Deferred charges and accrued income
+€50,895
Trade debts
+€2,633
Tax, wage and social debts
-€52,464
Accrued charges and deferred income
+€3,217
Investment (derived)
-€267,977
Investment in fixed assets (net)
-€267,977
Financing
-€246,545
Debts after one year
-€278,822
Current portion of long-term debt
+€32,277
Cash 2025
€399,544
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,439,955 | €4,141,989 | -€297,966 | -6.7% |
| Fixed assets | 21/28 | €2,614,801 | €2,732,349 | +€117,548 | +4.5% |
| Intangible fixed assets | 21 | - | €221,545 | +€221,545 | |
| Tangible fixed assets | 22/27 | €429,627 | €325,630 | -€103,997 | -24.2% |
| Furniture and vehicles | 24 | €429,627 | €325,630 | -€103,997 | -24.2% |
| Financial fixed assets | 28 | €2,185,174 | €2,185,174 | = | 0.0% |
| Current assets | 29/58 | €1,825,154 | €1,409,639 | -€415,514 | -22.8% |
| Stocks and contracts in progress | 3 | €33,362 | €158,718 | +€125,357 | +376% |
| Stocks | 30/36 | €33,362 | €158,718 | +€125,357 | +376% |
| Amounts receivable within one year | 40/41 | €1,393,423 | €760,195 | -€633,227 | -45.4% |
| Trade receivables | 40 | €1,350,933 | €721,156 | -€629,777 | -46.6% |
| Other amounts receivable | 41 | €42,490 | €39,039 | -€3,450 | -8.1% |
| Cash at bank and in hand | 54/58 | €256,293 | €399,544 | +€143,251 | +55.9% |
| Deferred charges and accrued income | 490/1 | €142,076 | €91,182 | -€50,895 | -35.8% |
| Total equity and liabilities | 10/49 | €4,439,955 | €4,141,989 | -€297,966 | -6.7% |
| Equity | 10/15 | €1,666,372 | €1,661,564 | -€4,807 | -0.3% |
| Contributions | 10/11 | €162,000 | €162,000 | = | 0.0% |
| Capital | 10 | €162,000 | €162,000 | = | 0.0% |
| Issued capital | 100 | €162,000 | €162,000 | = | 0.0% |
| Reserves | 13 | €551,304 | €551,304 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,200 | €16,200 | = | 0.0% |
| Legal reserve | 130 | €16,200 | €16,200 | = | 0.0% |
| Distributable reserves | 133 | €535,104 | €535,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | €953,068 | €948,260 | -€4,807 | -0.5% |
| Amounts payable | 17/49 | €2,773,583 | €2,480,424 | -€293,159 | -10.6% |
| Amounts payable after more than one year | 17 | €1,053,844 | €775,023 | -€278,822 | -26.5% |
| Financial debts | 170/4 | €1,053,844 | €775,023 | -€278,822 | -26.5% |
| Amounts payable within one year | 42/48 | €1,546,851 | €1,529,297 | -€17,554 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €319,663 | €351,940 | +€32,277 | +10.1% |
| Trade debts | 44 | €561,506 | €564,138 | +€2,633 | +0.5% |
| Suppliers | 440/4 | €561,506 | €564,138 | +€2,633 | +0.5% |
| Taxes, remuneration and social security | 45 | €665,682 | €613,219 | -€52,464 | -7.9% |
| Taxes | 450/3 | €163,265 | €84,248 | -€79,017 | -48.4% |
| Remuneration and social security | 454/9 | €502,418 | €528,971 | +€26,553 | +5.3% |
| Accrued charges and deferred income | 492/3 | €172,887 | €176,104 | +€3,217 | +1.9% |
| Remuneration, social security and pensions | 62 | €3,092,174 | €2,965,368 | -€126,805 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,871 | €150,429 | +€2,558 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €135,750 | +€135,750 | |
| Other operating charges | 640/8 | €24,037 | €34,507 | +€10,469 | +43.6% |
| Non-recurring operating charges | 66A | - | -€10,410 | -€10,410 | |
| Gross operating margin | 9900 | €3,009,218 | €3,305,866 | +€296,647 | +9.9% |
| Operating profit (loss) | 9901 | -€254,864 | €30,222 | +€285,086 | |
| Financial income | 75/76B | €7,292 | €11,459 | +€4,168 | +57.2% |
| Recurring financial income | 75 | €7,292 | €11,459 | +€4,168 | +57.2% |
| Financial charges | 65/66B | €39,317 | €52,787 | +€13,470 | +34.3% |
| Recurring financial charges | 65 | €39,317 | €52,787 | +€13,470 | +34.3% |
| Profit (loss) for the period before taxes | 9903 | -€286,889 | -€11,106 | +€275,783 | +96.1% |
| Income taxes | 67/77 | €11,879 | -€6,298 | -€18,178 | |
| Profit (loss) for the period | 9904 | -€298,768 | -€4,807 | +€293,961 | +98.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€298,768 | -€4,807 | +€293,961 | +98.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.