AS 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.
AS SERVICES
Largest movements
- Receivables within one year -€43,768
down €43,768 (-5.6%), from €781,173 to €737,405
- Tangible fixed assets +€28,766
up €28,766 (+143.0%), from €20,118 to €48,884
of which Furniture and vehicles: +€31,358
- Cash +€12,077
up €12,077 (+4.4%), from €276,296 to €288,373
mainly Receivables within one year (+€43,768) and Tax, wage and social debts (+€18,372)
- Profit (loss) carried forward -€36,502
down €36,502, from €10,212 to -€26,290
- Tax, wage and social debts +€18,372
up €18,372 (+2.5%), from €747,961 to €766,333
of which Remuneration and social security: +€16,163
- Short-term financial debts +€17,924
up €17,924 (+8.2%), from €217,716 to €235,640
- Current portion of long-term debt +€17,730
new in 2024: €17,730
- Trade debts -€13,595
down €13,595 (-77.5%), from €17,546 to €3,951
- Staff costs +€769,685
up €769,685 (+16.8%), from €4.6m to €5.3m
- Gross operating margin +€732,585
up €732,585 (+15.7%), from €4.7m to €5.4m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,087,488 | €1,084,564 | -€2,924 | -0.3% |
| Fixed assets | 21/28 | €26,942 | €55,708 | +€28,766 | +106.8% |
| Tangible fixed assets | 22/27 | €20,118 | €48,884 | +€28,766 | +143.0% |
| Land and buildings | 22 | €10,207 | €7,648 | -€2,559 | -25.1% |
| Plant, machinery and equipment | 23 | €835 | €802 | -€33 | -3.9% |
| Furniture and vehicles | 24 | €9,076 | €40,434 | +€31,358 | +345.5% |
| Financial fixed assets | 28 | €6,824 | €6,824 | = | 0.0% |
| Current assets | 29/58 | €1,060,546 | €1,028,856 | -€31,690 | -3.0% |
| Amounts receivable within one year | 40/41 | €781,173 | €737,405 | -€43,768 | -5.6% |
| Trade receivables | 40 | €781,173 | €737,405 | -€43,768 | -5.6% |
| Cash at bank and in hand | 54/58 | €276,296 | €288,373 | +€12,077 | +4.4% |
| Deferred charges and accrued income | 490/1 | €3,078 | €3,078 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,087,488 | €1,084,564 | -€2,924 | -0.3% |
| Equity | 10/15 | €94,862 | €58,360 | -€36,502 | -38.5% |
| Contributions | 10/11 | €31,500 | €31,500 | = | 0.0% |
| Reserves | 13 | €53,150 | €53,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,150 | €3,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,150 | €3,150 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,212 | -€26,290 | -€36,502 | |
| Amounts payable | 17/49 | €992,626 | €1,026,204 | +€33,578 | +3.4% |
| Amounts payable within one year | 42/48 | €992,626 | €1,026,204 | +€33,578 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | - | €17,730 | +€17,730 | |
| Financial debts | 43 | €217,716 | €235,640 | +€17,924 | +8.2% |
| Credit institutions | 430/8 | €217,716 | €235,640 | +€17,924 | +8.2% |
| Trade debts | 44 | €17,546 | €3,951 | -€13,595 | -77.5% |
| Suppliers | 440/4 | €17,546 | €3,951 | -€13,595 | -77.5% |
| Taxes, remuneration and social security | 45 | €747,961 | €766,333 | +€18,372 | +2.5% |
| Taxes | 450/3 | €14,161 | €16,370 | +€2,209 | +15.6% |
| Remuneration and social security | 454/9 | €733,800 | €749,963 | +€16,163 | +2.2% |
| Other amounts payable | 47/48 | €9,403 | €2,550 | -€6,853 | -72.9% |
| Remuneration, social security and pensions | 62 | €4,576,700 | €5,346,386 | +€769,685 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,624 | €12,189 | +€7,565 | +163.6% |
| Other operating charges | 640/8 | €96 | €389 | +€293 | +304.9% |
| Non-recurring operating charges | 66A | €24,102 | €13,980 | -€10,122 | -42.0% |
| Gross operating margin | 9900 | €4,656,928 | €5,389,514 | +€732,585 | +15.7% |
| Operating profit (loss) | 9901 | €51,407 | €16,570 | -€34,836 | -67.8% |
| Financial income | 75/76B | €24 | €392 | +€368 | +1513.8% |
| Recurring financial income | 75 | €24 | €392 | +€368 | +1513.8% |
| Financial charges | 65/66B | €16,488 | €21,722 | +€5,234 | +31.7% |
| Recurring financial charges | 65 | €16,488 | €21,722 | +€5,234 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €34,943 | -€4,759 | -€39,702 | |
| Income taxes | 67/77 | €34,543 | €31,743 | -€2,800 | -8.1% |
| Profit (loss) for the period | 9904 | €400 | -€36,502 | -€36,902 | |
| Profit (loss) for the period to be appropriated | 9905 | €400 | -€36,502 | -€36,902 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.