ALL BUSINESS 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.
ALL BUSINESS SERVICES
Largest movements
- Receivables within one year -€36,510
down €36,510 (-6.6%), from €551,617 to €515,106
of which Trade receivables: -€31,084
- Cash -€19,590
down €19,590 (-69.2%), from €28,306 to €8,715
mainly Investment in fixed assets (net) (-€55,074) and Trade debts (-€45,774)
- Deferred charges and accrued income -€13,537
down €13,537 (-13.9%), from €97,376 to €83,839
- Trade debts -€45,774
down €45,774 (-47.0%), from €97,369 to €51,595
- Reserves +€44,350
up €44,350 (+10.2%), from €435,619 to €479,969
of which Distributable reserves: +€44,350
- Tax, wage and social debts -€38,512
down €38,512 (-60.7%), from €63,445 to €24,934
of which Taxes: -€19,533
- Other debts -€19,693
down €19,693 (-24.2%), from €81,305 to €61,612
- Debts after one year -€11,736
down €11,736 (-12.4%), from €94,382 to €82,646
- Other operating charges +€47,494
up €47,494 (+23.0%), from €206,476 to €253,970
- Gross operating margin +€43,536
up €43,536 (+10.5%), from €416,305 to €459,841
- Write-downs -€37,164
down €37,164, from €30,000 to -€7,164
- Depreciation +€26,496
up €26,496 (+75.1%), from €35,302 to €61,799
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 | €950,831 | €874,469 | -€76,362 | -8.0% |
| Fixed assets | 21/28 | €259,033 | €252,309 | -€6,724 | -2.6% |
| Tangible fixed assets | 22/27 | €229,885 | €223,161 | -€6,724 | -2.9% |
| Land and buildings | 22 | €111,760 | €101,600 | -€10,160 | -9.1% |
| Plant, machinery and equipment | 23 | €2,009 | €1,579 | -€430 | -21.4% |
| Furniture and vehicles | 24 | €29,911 | €16,401 | -€13,510 | -45.2% |
| Other tangible fixed assets | 26 | €86,206 | €103,581 | +€17,376 | +20.2% |
| Financial fixed assets | 28 | €29,148 | €29,148 | = | 0.0% |
| Current assets | 29/58 | €691,798 | €622,160 | -€69,638 | -10.1% |
| Stocks and contracts in progress | 3 | €14,500 | €14,500 | = | 0.0% |
| Stocks | 30/36 | €14,500 | €14,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €551,617 | €515,106 | -€36,510 | -6.6% |
| Trade receivables | 40 | €371,752 | €340,667 | -€31,084 | -8.4% |
| Other amounts receivable | 41 | €179,865 | €174,439 | -€5,426 | -3.0% |
| Cash at bank and in hand | 54/58 | €28,306 | €8,715 | -€19,590 | -69.2% |
| Deferred charges and accrued income | 490/1 | €97,376 | €83,839 | -€13,537 | -13.9% |
| Total equity and liabilities | 10/49 | €950,831 | €874,469 | -€76,362 | -8.0% |
| Equity | 10/15 | €497,119 | €541,469 | +€44,350 | +8.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €435,619 | €479,969 | +€44,350 | +10.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €429,469 | €473,819 | +€44,350 | +10.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €453,712 | €333,000 | -€120,712 | -26.6% |
| Amounts payable after more than one year | 17 | €94,382 | €82,646 | -€11,736 | -12.4% |
| Financial debts | 170/4 | €94,382 | €82,646 | -€11,736 | -12.4% |
| Amounts payable within one year | 42/48 | €356,885 | €250,177 | -€106,708 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €114,766 | €112,037 | -€2,729 | -2.4% |
| Trade debts | 44 | €97,369 | €51,595 | -€45,774 | -47.0% |
| Suppliers | 440/4 | €97,369 | €51,595 | -€45,774 | -47.0% |
| Taxes, remuneration and social security | 45 | €63,445 | €24,934 | -€38,512 | -60.7% |
| Taxes | 450/3 | €33,425 | €13,892 | -€19,533 | -58.4% |
| Remuneration and social security | 454/9 | €30,020 | €11,042 | -€18,978 | -63.2% |
| Other amounts payable | 47/48 | €81,305 | €61,612 | -€19,693 | -24.2% |
| Accrued charges and deferred income | 492/3 | €2,444 | €177 | -€2,268 | -92.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €83,223 | €85,316 | +€2,093 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,302 | €61,799 | +€26,496 | +75.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €30,000 | -€7,164 | -€37,164 | |
| Other operating charges | 640/8 | €206,476 | €253,970 | +€47,494 | +23.0% |
| Non-recurring operating charges | 66A | €9,931 | €0 | -€9,931 | -100% |
| Gross operating margin | 9900 | €416,305 | €459,841 | +€43,536 | +10.5% |
| Operating profit (loss) | 9901 | €51,372 | €65,920 | +€14,547 | +28.3% |
| Financial income | 75/76B | €376 | €76 | -€301 | -79.9% |
| Recurring financial income | 75 | €376 | €76 | -€301 | -79.9% |
| Financial charges | 65/66B | €11,666 | €11,488 | -€177 | -1.5% |
| Recurring financial charges | 65 | €11,666 | €11,488 | -€177 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €40,083 | €54,507 | +€14,424 | +36.0% |
| Income taxes | 67/77 | €12,809 | €10,157 | -€2,652 | -20.7% |
| Profit (loss) for the period | 9904 | €27,275 | €44,350 | +€17,075 | +62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,275 | €44,350 | +€17,075 | +62.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.