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 -€11,669
down €11,669 (-23.4%), from €49,774 to €38,106
of which Trade receivables: -€6,030
- Cash -€8,942
down €8,942 (-87.2%), from €10,255 to €1,314
mainly Trade debts (-€32,228) and Investment in fixed assets (net) (-€12,197)
- Tangible fixed assets +€5,779
up €5,779 (+66.2%), from €8,734 to €14,513
of which Plant, machinery and equipment: +€9,123
- Trade debts -€32,228
down €32,228 (-94.8%), from €33,994 to €1,766
- Tax, wage and social debts +€17,504
up €17,504 (+342.7%), from €5,107 to €22,611
of which Remuneration and social security: +€11,500
- Other debts -€5,752
down €5,752 (-19.1%), from €30,130 to €24,377
- Profit (loss) carried forward +€5,645
up €5,645, from -€4,467 to €1,178
- Gross operating margin +€7,878
up €7,878 (+63.0%), from €12,504 to €20,382
- Depreciation -€6,357
down €6,357 (-49.8%), from €12,774 to €6,417
- Taxes +€1,747
up €1,747 (+171.2%), from €1,020 to €2,767
- Other operating charges +€728
up €728 (+25.0%), from €2,915 to €3,643
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 | €68,764 | €53,933 | -€14,831 | -21.6% |
| Fixed assets | 21/28 | €8,734 | €14,513 | +€5,779 | +66.2% |
| Tangible fixed assets | 22/27 | €8,734 | €14,513 | +€5,779 | +66.2% |
| Plant, machinery and equipment | 23 | €2,210 | €11,333 | +€9,123 | +412.8% |
| Furniture and vehicles | 24 | €6,524 | €3,180 | -€3,344 | -51.3% |
| Current assets | 29/58 | €60,030 | €39,419 | -€20,610 | -34.3% |
| Amounts receivable within one year | 40/41 | €49,774 | €38,106 | -€11,669 | -23.4% |
| Trade receivables | 40 | €41,179 | €35,149 | -€6,030 | -14.6% |
| Other amounts receivable | 41 | €8,595 | €2,957 | -€5,638 | -65.6% |
| Cash at bank and in hand | 54/58 | €10,255 | €1,314 | -€8,942 | -87.2% |
| Total equity and liabilities | 10/49 | €68,764 | €53,933 | -€14,831 | -21.6% |
| Equity | 10/15 | -€467 | €5,178 | +€5,645 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,467 | €1,178 | +€5,645 | |
| Amounts payable | 17/49 | €69,231 | €48,755 | -€20,476 | -29.6% |
| Amounts payable within one year | 42/48 | €69,231 | €48,755 | -€20,476 | -29.6% |
| Trade debts | 44 | €33,994 | €1,766 | -€32,228 | -94.8% |
| Suppliers | 440/4 | €33,994 | €1,766 | -€32,228 | -94.8% |
| Taxes, remuneration and social security | 45 | €5,107 | €22,611 | +€17,504 | +342.7% |
| Taxes | 450/3 | €1,007 | €7,011 | +€6,004 | +595.9% |
| Remuneration and social security | 454/9 | €4,100 | €15,600 | +€11,500 | +280.5% |
| Other amounts payable | 47/48 | €30,130 | €24,377 | -€5,752 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,774 | €6,417 | -€6,357 | -49.8% |
| Other operating charges | 640/8 | €2,915 | €3,643 | +€728 | +25.0% |
| Non-recurring operating charges | 66A | - | €1,633 | +€1,633 | |
| Gross operating margin | 9900 | €12,504 | €20,382 | +€7,878 | +63.0% |
| Operating profit (loss) | 9901 | -€3,186 | €8,688 | +€11,873 | |
| Financial income | 75/76B | €42 | €1 | -€41 | -98.1% |
| Recurring financial income | 75 | €42 | €1 | -€41 | -98.1% |
| Financial charges | 65/66B | €304 | €277 | -€27 | -9.0% |
| Recurring financial charges | 65 | €304 | €277 | -€27 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,447 | €8,412 | +€11,860 | |
| Income taxes | 67/77 | €1,020 | €2,767 | +€1,747 | +171.2% |
| Profit (loss) for the period | 9904 | -€4,467 | €5,645 | +€10,113 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,467 | €5,645 | +€10,113 |
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 11 October 2026 via checked.be.