BSE SERVICES BELGIUM: 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.
BSE SERVICES BELGIUM
Largest movements
- Receivables within one year +€49,378
up €49,378 (+85.0%), from €58,098 to €107,476
of which Trade receivables: +€41,520
- Trade debts +€35,834
up €35,834 (+179%), from €20,025 to €55,859
- Profit (loss) carried forward +€11,080
up €11,080 (+67.7%), from €16,370 to €27,450
- Tax, wage and social debts +€1,635
up €1,635 (+16.4%), from €9,967 to €11,602
of which Taxes: +€2,910
- Gross operating margin -€19,197
down €19,197 (-26.3%), from €72,956 to €53,759
- Staff costs -€12,527
down €12,527 (-26.8%), from €46,678 to €34,151
- Other operating charges -€2,004
down €2,004 (-66.2%), from €3,026 to €1,022
- Depreciation -€1,316
down €1,316 (-43.5%), from €3,026 to €1,710
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.
Derived cash bridge
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 | €61,711 | €110,261 | +€48,550 | +78.7% |
| Fixed assets | 21/28 | €1,608 | €914 | -€694 | -43.2% |
| Tangible fixed assets | 22/27 | €1,608 | €914 | -€694 | -43.2% |
| Furniture and vehicles | 24 | €1,608 | €914 | -€694 | -43.2% |
| Current assets | 29/58 | €60,103 | €109,347 | +€49,244 | +81.9% |
| Amounts receivable within one year | 40/41 | €58,098 | €107,476 | +€49,378 | +85.0% |
| Trade receivables | 40 | €50,436 | €91,956 | +€41,520 | +82.3% |
| Other amounts receivable | 41 | €7,662 | €15,520 | +€7,858 | +103% |
| Cash at bank and in hand | 54/58 | €2,005 | €1,299 | -€706 | -35.2% |
| Deferred charges and accrued income | 490/1 | - | €572 | +€572 | |
| Total equity and liabilities | 10/49 | €61,711 | €110,261 | +€48,550 | +78.7% |
| Equity | 10/15 | €31,720 | €42,800 | +€11,080 | +34.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €14,350 | €14,350 | = | 0.0% |
| Non-distributable reserves | 130/1 | €350 | - | -€350 | |
| Reserves not available under the articles | 1311 | €350 | - | -€350 | |
| Distributable reserves | 133 | €14,000 | €14,350 | +€350 | +2.5% |
| Profit (loss) carried forward | 14 | €16,370 | €27,450 | +€11,080 | +67.7% |
| Amounts payable | 17/49 | €29,991 | €67,461 | +€37,470 | +125% |
| Amounts payable within one year | 42/48 | €29,991 | €67,461 | +€37,470 | +125% |
| Trade debts | 44 | €20,025 | €55,859 | +€35,834 | +179% |
| Suppliers | 440/4 | €20,025 | €55,859 | +€35,834 | +179% |
| Taxes, remuneration and social security | 45 | €9,967 | €11,602 | +€1,635 | +16.4% |
| Taxes | 450/3 | €6,414 | €9,324 | +€2,910 | +45.4% |
| Remuneration and social security | 454/9 | €3,553 | €2,278 | -€1,275 | -35.9% |
| Remuneration, social security and pensions | 62 | €46,678 | €34,151 | -€12,527 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,026 | €1,710 | -€1,316 | -43.5% |
| Other operating charges | 640/8 | €3,026 | €1,022 | -€2,004 | -66.2% |
| Gross operating margin | 9900 | €72,956 | €53,759 | -€19,197 | -26.3% |
| Operating profit (loss) | 9901 | €20,225 | €16,875 | -€3,350 | -16.6% |
| Financial income | 75/76B | €7 | €449 | +€443 | +6,432% |
| Recurring financial income | 75 | €7 | €449 | +€443 | +6,432% |
| Financial charges | 65/66B | €2,294 | €1,870 | -€424 | -18.5% |
| Recurring financial charges | 65 | €2,294 | €1,870 | -€424 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €17,938 | €15,455 | -€2,483 | -13.8% |
| Income taxes | 67/77 | €4,949 | €4,375 | -€573 | -11.6% |
| Profit (loss) for the period | 9904 | €12,990 | €11,080 | -€1,910 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,990 | €11,080 | -€1,910 | -14.7% |
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 1 November 2026 via checked.be.