ALL SERVICES: what changed
Two fiscal 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 SERVICES
Largest movements
- Receivables within one year +€310,973
up €310,973 (+51.8%), from €600,174 to €911,147
of which Other amounts receivable: +€363,884
- Cash +€171,876
up €171,876 (+89.9%), from €191,274 to €363,150
mainly Other debts (+€619,935) and Net result for the year (+€236,711)
- Current investments -€153,480
down €153,480 (-100.0%), from €153,480 to €0
- Receivables after one year -€28,500
down €28,500 (-100.0%), from €28,500 to €0
- Other debts +€619,935
up €619,935 (+410552.7%), from €151 to €620,086
- Profit (loss) carried forward -€383,289
down €383,289 (-56.7%), from €676,015 to €292,727
- Trade debts +€41,713
up €41,713 (+18.9%), from €221,179 to €262,893
- Current portion of long-term debt +€15,395
up €15,395 (+65.4%), from €23,526 to €38,921
- Gross operating margin +€84,070
up €84,070 (+15.9%), from €527,395 to €611,464
- Staff costs +€75,838
up €75,838 (+44.2%), from €171,568 to €247,406
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 | €1,139,398 | €1,429,750 | +€290,351 | +25.5% |
| Fixed assets | 21/28 | €165,070 | €154,898 | -€10,172 | -6.2% |
| Tangible fixed assets | 22/27 | €108,070 | €97,898 | -€10,172 | -9.4% |
| Plant, machinery and equipment | 23 | €32,420 | €24,939 | -€7,480 | -23.1% |
| Furniture and vehicles | 24 | €35,238 | €44,106 | +€8,868 | +25.2% |
| Leasing and similar rights | 25 | €36,963 | €26,266 | -€10,697 | -28.9% |
| Other tangible fixed assets | 26 | €3,450 | €2,588 | -€863 | -25.0% |
| Financial fixed assets | 28 | €57,000 | €57,000 | = | 0.0% |
| Current assets | 29/58 | €974,328 | €1,274,852 | +€300,523 | +30.8% |
| Amounts receivable after more than one year | 29 | €28,500 | €0 | -€28,500 | -100.0% |
| Other amounts receivable | 291 | €28,500 | €0 | -€28,500 | -100.0% |
| Amounts receivable within one year | 40/41 | €600,174 | €911,147 | +€310,973 | +51.8% |
| Trade receivables | 40 | €410,675 | €357,764 | -€52,912 | -12.9% |
| Other amounts receivable | 41 | €189,499 | €553,383 | +€363,884 | +192.0% |
| Current investments | 50/53 | €153,480 | €0 | -€153,480 | -100.0% |
| Cash at bank and in hand | 54/58 | €191,274 | €363,150 | +€171,876 | +89.9% |
| Deferred charges and accrued income | 490/1 | €900 | €555 | -€346 | -38.4% |
| Total equity and liabilities | 10/49 | €1,139,398 | €1,429,750 | +€290,351 | +25.5% |
| Equity | 10/15 | €807,808 | €424,519 | -€383,289 | -47.4% |
| Contributions | 10/11 | €8,683 | €8,683 | = | 0.0% |
| Reserves | 13 | €123,109 | €123,109 | = | 0.0% |
| Distributable reserves | 133 | €123,109 | €123,109 | = | 0.0% |
| Profit (loss) carried forward | 14 | €676,015 | €292,727 | -€383,289 | -56.7% |
| Amounts payable | 17/49 | €331,591 | €1,005,231 | +€673,640 | +203.2% |
| Amounts payable after more than one year | 17 | €24,158 | €20,089 | -€4,069 | -16.8% |
| Financial debts | 170/4 | €24,158 | €20,089 | -€4,069 | -16.8% |
| Amounts payable within one year | 42/48 | €307,433 | €984,043 | +€676,610 | +220.1% |
| Current portion of amounts payable after more than one year | 42 | €23,526 | €38,921 | +€15,395 | +65.4% |
| Trade debts | 44 | €221,179 | €262,893 | +€41,713 | +18.9% |
| Suppliers | 440/4 | €221,179 | €262,893 | +€41,713 | +18.9% |
| Taxes, remuneration and social security | 45 | €62,576 | €62,143 | -€433 | -0.7% |
| Taxes | 450/3 | €44,634 | €39,936 | -€4,698 | -10.5% |
| Remuneration and social security | 454/9 | €17,942 | €22,207 | +€4,265 | +23.8% |
| Other amounts payable | 47/48 | €151 | €620,086 | +€619,935 | +410552.7% |
| Accrued charges and deferred income | 492/3 | €0 | €1,099 | +€1,099 | |
| Remuneration, social security and pensions | 62 | €171,568 | €247,406 | +€75,838 | +44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,168 | €31,398 | +€5,230 | +20.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,125 | +€4,125 | |
| Other operating charges | 640/8 | €5,290 | €9,212 | +€3,922 | +74.1% |
| Gross operating margin | 9900 | €527,395 | €611,464 | +€84,070 | +15.9% |
| Operating profit (loss) | 9901 | €324,369 | €319,322 | -€5,047 | -1.6% |
| Financial income | 75/76B | €15,690 | €17,824 | +€2,134 | +13.6% |
| Recurring financial income | 75 | €15,690 | €17,824 | +€2,134 | +13.6% |
| Financial charges | 65/66B | €7,306 | €12,590 | +€5,283 | +72.3% |
| Recurring financial charges | 65 | €7,306 | €12,590 | +€5,283 | +72.3% |
| Profit (loss) for the period before taxes | 9903 | €332,753 | €324,556 | -€8,196 | -2.5% |
| Income taxes | 67/77 | €90,689 | €87,845 | -€2,843 | -3.1% |
| Profit (loss) for the period | 9904 | €242,064 | €236,711 | -€5,353 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €242,064 | €236,711 | -€5,353 | -2.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.