Bespoke 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.
Bespoke Services
Largest movements
- Receivables within one year +€16,696
up €16,696 (+4.4%), from €377,809 to €394,505
of which Other amounts receivable: +€14,260
- Deferred charges and accrued income -€14,855
down €14,855 (-86.3%), from €17,219 to €2,364
- Tangible fixed assets -€4,813
down €4,813 (-99.7%), from €4,827 to €14
- Reserves +€48,800
up €48,800 (+22.1%), from €220,370 to €269,170
of which Distributable reserves: +€48,800
- Trade debts -€40,575
down €40,575 (-53.2%), from €76,244 to €35,668
- Accrued charges and deferred income -€21,820
no longer reported in 2025 (was €21,820)
- Other debts +€18,909
new in 2025: €18,909
- Tax, wage and social debts -€7,882
down €7,882 (-31.6%), from €24,946 to €17,064
of which Remuneration and social security: -€7,918
- Purchases and services -€481,403
down €481,403 (-72.9%), from €660,570 to €179,167
- Turnover -€302,047
down €302,047 (-42.4%), from €711,949 to €409,902
- Gross operating margin +€136,617
up €136,617 (+127%), from €107,708 to €244,326
- Staff costs -€18,735
down €18,735 (-9.9%), from €190,198 to €171,463
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 | €405,721 | €403,004 | -€2,718 | -0.7% |
| Fixed assets | 21/28 | €4,827 | €14 | -€4,813 | -99.7% |
| Tangible fixed assets | 22/27 | €4,827 | €14 | -€4,813 | -99.7% |
| Plant, machinery and equipment | 23 | €4,827 | €14 | -€4,813 | -99.7% |
| Current assets | 29/58 | €400,895 | €402,990 | +€2,096 | +0.5% |
| Amounts receivable within one year | 40/41 | €377,809 | €394,505 | +€16,696 | +4.4% |
| Trade receivables | 40 | €111,300 | €113,737 | +€2,436 | +2.2% |
| Other amounts receivable | 41 | €266,508 | €280,768 | +€14,260 | +5.4% |
| Cash at bank and in hand | 54/58 | €5,867 | €6,121 | +€255 | +4.3% |
| Deferred charges and accrued income | 490/1 | €17,219 | €2,364 | -€14,855 | -86.3% |
| Total equity and liabilities | 10/49 | €405,721 | €403,004 | -€2,718 | -0.7% |
| Equity | 10/15 | €282,280 | €331,232 | +€48,953 | +17.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €220,370 | €269,170 | +€48,800 | +22.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €214,170 | €262,970 | +€48,800 | +22.8% |
| Profit (loss) carried forward | 14 | -€90 | €62 | +€153 | |
| Provisions and deferred taxes | 16 | €433 | €131 | -€302 | -69.8% |
| Provisions for liabilities and charges | 160/5 | €433 | €131 | -€302 | -69.8% |
| Pensions and similar obligations | 160 | €433 | €131 | -€302 | -69.8% |
| Amounts payable | 17/49 | €123,009 | €71,641 | -€51,368 | -41.8% |
| Amounts payable within one year | 42/48 | €101,189 | €71,641 | -€29,548 | -29.2% |
| Trade debts | 44 | €76,244 | €35,668 | -€40,575 | -53.2% |
| Suppliers | 440/4 | €76,244 | €35,668 | -€40,575 | -53.2% |
| Taxes, remuneration and social security | 45 | €24,946 | €17,064 | -€7,882 | -31.6% |
| Taxes | 450/3 | €2,532 | €2,568 | +€36 | +1.4% |
| Remuneration and social security | 454/9 | €22,414 | €14,496 | -€7,918 | -35.3% |
| Other amounts payable | 47/48 | - | €18,909 | +€18,909 | |
| Accrued charges and deferred income | 492/3 | €21,820 | - | -€21,820 | |
| Turnover | 70 | €711,949 | €409,902 | -€302,047 | -42.4% |
| Non-recurring operating income | 76A | €52,272 | - | -€52,272 | |
| Goods, raw materials, services and sundry goods | 60/61 | €660,570 | €179,167 | -€481,403 | -72.9% |
| Remuneration, social security and pensions | 62 | €190,198 | €171,463 | -€18,735 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,261 | €2,305 | -€956 | -29.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €175 | -€302 | -€477 | |
| Other operating charges | 640/8 | €1,360 | €1,262 | -€98 | -7.2% |
| Non-recurring operating charges | 66A | - | €19,553 | +€19,553 | |
| Gross operating margin | 9900 | €107,708 | €244,326 | +€136,617 | +127% |
| Operating profit (loss) | 9901 | -€87,285 | €50,045 | +€137,331 | |
| Financial income | 75/76B | €3,711 | €4,253 | +€543 | +14.6% |
| Recurring financial income | 75 | €3,711 | €4,253 | +€543 | +14.6% |
| Financial charges | 65/66B | €2,516 | €4,918 | +€2,402 | +95.5% |
| Recurring financial charges | 65 | €2,516 | €4,918 | +€2,402 | +95.5% |
| Profit (loss) for the period before taxes | 9903 | -€86,091 | €49,380 | +€135,471 | |
| Income taxes | 67/77 | €506 | €428 | -€79 | -15.5% |
| Profit (loss) for the period | 9904 | -€86,597 | €48,953 | +€135,550 | |
| Transfer from tax-exempt reserves | 789 | €29,470 | - | -€29,470 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,127 | €48,953 | +€106,080 |
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 17 October 2026 via checked.be.