BST-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.
BST-services
Largest movements
- Tangible fixed assets +€73,648
up €73,648 (+57.4%), from €128,401 to €202,049
of which Land and buildings: +€93,788
- Cash +€51,222
up €51,222 (+788.0%), from €6,500 to €57,722
mainly Net result for the year (+€252,510) and Depreciation (+€25,364)
- Reserves +€172,510
up €172,510 (+14.5%), from €1.2m to €1.4m
of which Distributable reserves: +€172,510
- Current portion of long-term debt -€40,979
down €40,979 (-67.3%), from €60,905 to €19,926
- Other debts +€23,312
up €23,312 (+19.0%), from €122,989 to €146,302
- Debts after one year -€19,926
down €19,926 (-37.6%), from €52,942 to €33,016
- Financial income +€89,299
up €89,299 (+97.9%), from €91,219 to €180,518
- Depreciation +€11,677
up €11,677 (+85.3%), from €13,687 to €25,364
- Gross operating margin -€9,305
down €9,305 (-5.7%), from €163,798 to €154,493
- Taxes -€5,387
down €5,387 (-11.3%), from €47,487 to €42,101
- Other operating charges +€1,798
up €1,798 (+17.0%), from €10,604 to €12,401
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 | €1,553,947 | €1,679,735 | +€125,788 | +8.1% |
| Fixed assets | 21/28 | €1,509,827 | €1,583,475 | +€73,648 | +4.9% |
| Tangible fixed assets | 22/27 | €128,401 | €202,049 | +€73,648 | +57.4% |
| Land and buildings | 22 | €41,096 | €134,883 | +€93,788 | +228.2% |
| Furniture and vehicles | 24 | €87,305 | €67,165 | -€20,140 | -23.1% |
| Financial fixed assets | 28 | €1,381,426 | €1,381,426 | = | 0.0% |
| Current assets | 29/58 | €44,120 | €96,260 | +€52,140 | +118.2% |
| Amounts receivable after more than one year | 29 | €16,000 | - | -€16,000 | |
| Other amounts receivable | 291 | €16,000 | - | -€16,000 | |
| Amounts receivable within one year | 40/41 | €19,615 | €33,556 | +€13,940 | +71.1% |
| Trade receivables | 40 | €8,280 | €14,352 | +€6,072 | +73.3% |
| Other amounts receivable | 41 | €11,336 | €19,204 | +€7,868 | +69.4% |
| Cash at bank and in hand | 54/58 | €6,500 | €57,722 | +€51,222 | +788.0% |
| Deferred charges and accrued income | 490/1 | €2,004 | €4,983 | +€2,978 | +148.6% |
| Total equity and liabilities | 10/49 | €1,553,947 | €1,679,735 | +€125,788 | +8.1% |
| Equity | 10/15 | €1,293,258 | €1,465,768 | +€172,510 | +13.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,193,258 | €1,365,768 | +€172,510 | +14.5% |
| Tax-exempt reserves | 132 | €920 | €920 | = | 0.0% |
| Distributable reserves | 133 | €1,192,338 | €1,364,848 | +€172,510 | +14.5% |
| Amounts payable | 17/49 | €260,689 | €213,967 | -€46,722 | -17.9% |
| Amounts payable after more than one year | 17 | €52,942 | €33,016 | -€19,926 | -37.6% |
| Financial debts | 170/4 | €52,942 | €33,016 | -€19,926 | -37.6% |
| Amounts payable within one year | 42/48 | €205,287 | €178,391 | -€26,896 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €60,905 | €19,926 | -€40,979 | -67.3% |
| Trade debts | 44 | €3,255 | €3,062 | -€193 | -5.9% |
| Suppliers | 440/4 | €3,255 | €3,062 | -€193 | -5.9% |
| Taxes, remuneration and social security | 45 | €18,137 | €9,101 | -€9,037 | -49.8% |
| Taxes | 450/3 | €18,137 | €9,101 | -€9,037 | -49.8% |
| Other amounts payable | 47/48 | €122,989 | €146,302 | +€23,312 | +19.0% |
| Accrued charges and deferred income | 492/3 | €2,460 | €2,560 | +€100 | +4.1% |
| Non-recurring operating income | 76A | €20,369 | - | -€20,369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,687 | €25,364 | +€11,677 | +85.3% |
| Other operating charges | 640/8 | €10,604 | €12,401 | +€1,798 | +17.0% |
| Gross operating margin | 9900 | €163,798 | €154,493 | -€9,305 | -5.7% |
| Operating profit (loss) | 9901 | €139,508 | €116,727 | -€22,780 | -16.3% |
| Financial income | 75/76B | €91,219 | €180,518 | +€89,299 | +97.9% |
| Recurring financial income | 75 | €91,219 | €180,518 | +€89,299 | +97.9% |
| Financial charges | 65/66B | €4,399 | €2,635 | -€1,764 | -40.1% |
| Recurring financial charges | 65 | €4,399 | €2,635 | -€1,764 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €226,328 | €294,611 | +€68,282 | +30.2% |
| Income taxes | 67/77 | €47,487 | €42,101 | -€5,387 | -11.3% |
| Profit (loss) for the period | 9904 | €178,841 | €252,510 | +€73,669 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €178,841 | €252,510 | +€73,669 | +41.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.