Belgium Payroll 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.
Belgium Payroll Services
Largest movements
- Receivables within one year +€4,232
up €4,232 (+496%), from €854 to €5,085
- Intangible fixed assets +€3,790
new in 2025: €3,790
- Cash +€1,214
up €1,214 (+38.5%), from €3,155 to €4,369
mainly Other debts (+€7,311) and Trade debts (+€3,484)
- Other debts +€7,311
up €7,311 (+101%), from €7,242 to €14,553
- Profit (loss) carried forward -€3,968
down €3,968 (-48.2%), from -€8,225 to -€12,193
- Trade debts +€3,484
up €3,484 (+962%), from €362 to €3,846
- Tax, wage and social debts +€2,437
up €2,437 (+116,025%), from €2 to €2,439
- Purchases and services -€7,691
no longer reported in 2025 (was €7,691)
- Gross operating margin +€6,925
up €6,925 (+90.0%), from -€7,691 to -€766
- Depreciation +€1,895
new in 2025: €1,895
- Financial charges +€1,061
up €1,061 (+2,128%), from €50 to €1,111
- Other operating charges -€417
down €417 (-86.4%), from €482 to €66
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 | €4,382 | €13,645 | +€9,264 | +211% |
| Fixed assets | 21/28 | - | €3,790 | +€3,790 | |
| Intangible fixed assets | 21 | - | €3,790 | +€3,790 | |
| Current assets | 29/58 | €4,382 | €9,855 | +€5,474 | +125% |
| Amounts receivable within one year | 40/41 | €854 | €5,085 | +€4,232 | +496% |
| Other amounts receivable | 41 | €854 | €5,085 | +€4,232 | +496% |
| Cash at bank and in hand | 54/58 | €3,155 | €4,369 | +€1,214 | +38.5% |
| Deferred charges and accrued income | 490/1 | €373 | €401 | +€27 | +7.4% |
| Total equity and liabilities | 10/49 | €4,382 | €13,645 | +€9,264 | +211% |
| Equity | 10/15 | -€3,225 | -€7,193 | -€3,968 | -123% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,225 | -€12,193 | -€3,968 | -48.2% |
| Amounts payable | 17/49 | €7,606 | €20,838 | +€13,231 | +174% |
| Amounts payable within one year | 42/48 | €7,606 | €20,838 | +€13,231 | +174% |
| Trade debts | 44 | €362 | €3,846 | +€3,484 | +962% |
| Suppliers | 440/4 | €362 | €3,846 | +€3,484 | +962% |
| Taxes, remuneration and social security | 45 | €2 | €2,439 | +€2,437 | +116,025% |
| Taxes | 450/3 | €2 | €2,439 | +€2,437 | +116,025% |
| Other amounts payable | 47/48 | €7,242 | €14,553 | +€7,311 | +101% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,691 | - | -€7,691 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,895 | +€1,895 | |
| Other operating charges | 640/8 | €482 | €66 | -€417 | -86.4% |
| Gross operating margin | 9900 | -€7,691 | -€766 | +€6,925 | +90.0% |
| Operating profit (loss) | 9901 | -€8,173 | -€2,727 | +€5,446 | +66.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €50 | €1,111 | +€1,061 | +2,128% |
| Recurring financial charges | 65 | €50 | €1,111 | +€1,061 | +2,128% |
| Profit (loss) for the period before taxes | 9903 | -€8,223 | -€3,838 | +€4,385 | +53.3% |
| Income taxes | 67/77 | €2 | €130 | +€128 | +6,086% |
| Profit (loss) for the period | 9904 | -€8,225 | -€3,968 | +€4,257 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,225 | -€3,968 | +€4,257 | +51.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.