Bfservices Construct: 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.
Bfservices Construct
Largest movements
- Receivables within one year +€464,718
up €464,718 (+310.3%), from €149,778 to €614,496
of which Trade receivables: +€467,766
- Stocks and contracts -€42,500
no longer reported in 2024 (was €42,500)
- Tangible fixed assets +€13,286
up €13,286 (+256.8%), from €5,173 to €18,458
- Cash +€10,085
up €10,085 (+902.3%), from €1,118 to €11,203
mainly Trade debts (+€308,700) and Net result for the year (+€135,622)
- Trade debts +€308,700
up €308,700 (+385.7%), from €80,035 to €388,734
- Profit (loss) carried forward +€135,622
up €135,622 (+282.2%), from €48,063 to €183,685
- Provisions -€35,171
no longer reported in 2024 (was €35,171)
- Tax, wage and social debts +€31,680
up €31,680 (+111.7%), from €28,369 to €60,050
of which Taxes: +€37,818
- Gross operating margin +€93,915
up €93,915 (+94.9%), from €98,976 to €192,890
- Provisions -€55,484
down €55,484, from €20,312 to -€35,171
- Taxes +€50,466
up €50,466 (+1481.8%), from €3,406 to €53,872
- Staff costs -€37,067
down €37,067 (-58.1%), from €63,844 to €26,777
- Depreciation +€5,075
up €5,075 (+286.2%), from €1,774 to €6,849
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 | €199,796 | €646,034 | +€446,238 | +223.3% |
| Fixed assets | 21/28 | €5,173 | €18,458 | +€13,286 | +256.8% |
| Tangible fixed assets | 22/27 | €5,173 | €18,458 | +€13,286 | +256.8% |
| Furniture and vehicles | 24 | €5,173 | €18,458 | +€13,286 | +256.8% |
| Current assets | 29/58 | €194,623 | €627,575 | +€432,952 | +222.5% |
| Stocks and contracts in progress | 3 | €42,500 | - | -€42,500 | |
| Contracts in progress | 37 | €42,500 | - | -€42,500 | |
| Amounts receivable within one year | 40/41 | €149,778 | €614,496 | +€464,718 | +310.3% |
| Trade receivables | 40 | €146,730 | €614,496 | +€467,766 | +318.8% |
| Other amounts receivable | 41 | €3,048 | - | -€3,048 | |
| Cash at bank and in hand | 54/58 | €1,118 | €11,203 | +€10,085 | +902.3% |
| Deferred charges and accrued income | 490/1 | €1,228 | €1,877 | +€649 | +52.8% |
| Total equity and liabilities | 10/49 | €199,796 | €646,034 | +€446,238 | +223.3% |
| Equity | 10/15 | €54,763 | €191,185 | +€136,422 | +249.1% |
| Contributions | 10/11 | €6,700 | €7,500 | +€800 | +11.9% |
| Outside capital | 11 | €6,700 | €7,500 | +€800 | +11.9% |
| Other | 1109/19 | €6,700 | €7,500 | +€800 | +11.9% |
| Profit (loss) carried forward | 14 | €48,063 | €183,685 | +€135,622 | +282.2% |
| Provisions and deferred taxes | 16 | €35,171 | - | -€35,171 | |
| Provisions for liabilities and charges | 160/5 | €35,171 | - | -€35,171 | |
| Major repairs and maintenance | 162 | €35,171 | - | -€35,171 | |
| Amounts payable | 17/49 | €109,861 | €454,848 | +€344,987 | +314.0% |
| Amounts payable within one year | 42/48 | €109,861 | €454,848 | +€344,987 | +314.0% |
| Trade debts | 44 | €80,035 | €388,734 | +€308,700 | +385.7% |
| Suppliers | 440/4 | €80,035 | €388,734 | +€308,700 | +385.7% |
| Taxes, remuneration and social security | 45 | €28,369 | €60,050 | +€31,680 | +111.7% |
| Taxes | 450/3 | €17,929 | €55,747 | +€37,818 | +210.9% |
| Remuneration and social security | 454/9 | €10,440 | €4,303 | -€6,138 | -58.8% |
| Other amounts payable | 47/48 | €1,458 | €6,065 | +€4,607 | +316.0% |
| Remuneration, social security and pensions | 62 | €63,844 | €26,777 | -€37,067 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,774 | €6,849 | +€5,075 | +286.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €20,312 | -€35,171 | -€55,484 | |
| Other operating charges | 640/8 | €829 | €4,830 | +€4,001 | +482.7% |
| Gross operating margin | 9900 | €98,976 | €192,890 | +€93,915 | +94.9% |
| Operating profit (loss) | 9901 | €12,217 | €189,606 | +€177,389 | +1452.0% |
| Financial income | 75/76B | €10 | €36 | +€26 | +260.2% |
| Recurring financial income | 75 | €10 | €36 | +€26 | +260.2% |
| Financial charges | 65/66B | €107 | €149 | +€42 | +39.5% |
| Recurring financial charges | 65 | €107 | €149 | +€42 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €12,121 | €189,494 | +€177,373 | +1463.4% |
| Income taxes | 67/77 | €3,406 | €53,872 | +€50,466 | +1481.8% |
| Profit (loss) for the period | 9904 | €8,715 | €135,622 | +€126,907 | +1456.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,715 | €135,622 | +€126,907 | +1456.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.