B.S. 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.
B.S. SERVICES
Largest movements
- Receivables within one year +€747,888
up €747,888 (+34.0%), from €2.2m to €2.9m
of which Trade receivables: +€747,888
- Tangible fixed assets +€322,052
up €322,052 (+39.3%), from €819,370 to €1.1m
of which Leasing and similar rights: +€222,250
- Reserves +€546,245
up €546,245 (+34.5%), from €1.6m to €2.1m
of which Distributable reserves: +€450,245
- Trade debts +€271,097
up €271,097 (+73.8%), from €367,179 to €638,276
- Debts after one year +€130,058
up €130,058 (+19.0%), from €685,426 to €815,484
- Current portion of long-term debt +€63,047
up €63,047 (+22.1%), from €285,269 to €348,316
- Tax, wage and social debts +€55,873
up €55,873 (+27.7%), from €201,788 to €257,661
of which Taxes: +€75,844
- Gross operating margin +€946,483
up €946,483 (+37.5%), from €2.5m to €3.5m
- Staff costs +€425,821
up €425,821 (+25.6%), from €1.7m to €2.1m
- Taxes +€86,195
up €86,195 (+100.5%), from €85,794 to €171,989
- Financial income -€55,211
down €55,211 (-78.6%), from €70,229 to €15,018
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 | €3,245,263 | €4,311,583 | +€1.1m | +32.9% |
| Fixed assets | 21/28 | €825,505 | €1,141,422 | +€315,917 | +38.3% |
| Tangible fixed assets | 22/27 | €819,370 | €1,141,422 | +€322,052 | +39.3% |
| Plant, machinery and equipment | 23 | - | €14,833 | +€14,833 | |
| Furniture and vehicles | 24 | €0 | €84,969 | +€84,969 | |
| Leasing and similar rights | 25 | €819,370 | €1,041,620 | +€222,250 | +27.1% |
| Financial fixed assets | 28 | €6,135 | €0 | -€6,135 | -100.0% |
| Current assets | 29/58 | €2,419,758 | €3,170,161 | +€750,403 | +31.0% |
| Stocks and contracts in progress | 3 | €16,565 | €19,085 | +€2,520 | +15.2% |
| Stocks | 30/36 | €16,565 | €19,085 | +€2,520 | +15.2% |
| Amounts receivable within one year | 40/41 | €2,196,950 | €2,944,838 | +€747,888 | +34.0% |
| Trade receivables | 40 | €2,196,950 | €2,944,838 | +€747,888 | +34.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €206,243 | €205,034 | -€1,209 | -0.6% |
| Deferred charges and accrued income | 490/1 | - | €1,204 | +€1,204 | |
| Total equity and liabilities | 10/49 | €3,245,263 | €4,311,583 | +€1.1m | +32.9% |
| Equity | 10/15 | €1,605,601 | €2,151,846 | +€546,245 | +34.0% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €1,583,601 | €2,129,846 | +€546,245 | +34.5% |
| Tax-exempt reserves | 132 | €63,000 | €159,000 | +€96,000 | +152.4% |
| Distributable reserves | 133 | €1,520,601 | €1,970,846 | +€450,245 | +29.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,639,662 | €2,159,737 | +€520,075 | +31.7% |
| Amounts payable after more than one year | 17 | €685,426 | €815,484 | +€130,058 | +19.0% |
| Financial debts | 170/4 | €685,426 | €815,484 | +€130,058 | +19.0% |
| Amounts payable within one year | 42/48 | €954,236 | €1,344,252 | +€390,017 | +40.9% |
| Current portion of amounts payable after more than one year | 42 | €285,269 | €348,316 | +€63,047 | +22.1% |
| Trade debts | 44 | €367,179 | €638,276 | +€271,097 | +73.8% |
| Suppliers | 440/4 | €367,179 | €638,276 | +€271,097 | +73.8% |
| Taxes, remuneration and social security | 45 | €201,788 | €257,661 | +€55,873 | +27.7% |
| Taxes | 450/3 | €43,097 | €118,941 | +€75,844 | +176.0% |
| Remuneration and social security | 454/9 | €158,691 | €138,720 | -€19,971 | -12.6% |
| Other amounts payable | 47/48 | €100,000 | €100,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,661,199 | €2,087,020 | +€425,821 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €299,671 | €324,711 | +€25,039 | +8.4% |
| Other operating charges | 640/8 | €211,824 | €223,392 | +€11,567 | +5.5% |
| Gross operating margin | 9900 | €2,520,726 | €3,467,209 | +€946,483 | +37.5% |
| Operating profit (loss) | 9901 | €348,032 | €832,087 | +€484,055 | +139.1% |
| Financial income | 75/76B | €70,229 | €15,018 | -€55,211 | -78.6% |
| Recurring financial income | 75 | €70,229 | €15,018 | -€55,211 | -78.6% |
| Financial charges | 65/66B | €20,961 | €28,871 | +€7,909 | +37.7% |
| Recurring financial charges | 65 | €20,961 | €28,871 | +€7,909 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | €397,299 | €818,234 | +€420,935 | +105.9% |
| Income taxes | 67/77 | €85,794 | €171,989 | +€86,195 | +100.5% |
| Profit (loss) for the period | 9904 | €311,505 | €646,245 | +€334,740 | +107.5% |
| Transfer from tax-exempt reserves | 789 | - | €11,500 | +€11,500 | |
| Transfer to tax-exempt reserves | 689 | €13,500 | €107,500 | +€94,000 | +696.3% |
| Profit (loss) for the period to be appropriated | 9905 | €298,005 | €550,245 | +€252,240 | +84.6% |
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 8 October 2026 via checked.be.