Central Services Management: 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.
Central Services Management
Largest movements
- Tangible fixed assets -€26,149
down €26,149 (-86.6%), from €30,199 to €4,050
of which Furniture and vehicles: -€27,822
- Receivables within one year +€7,039
up €7,039 (+162%), from €4,334 to €11,373
of which Trade receivables: +€4,691
- Cash -€6,364
down €6,364 (-33.2%), from €19,190 to €12,826
mainly Debts after one year (-€9,572) and Current portion of long-term debt (-€7,658)
- Deferred charges and accrued income -€2,890
down €2,890 (-77.7%), from €3,718 to €828
- Current investments +€1,590
up €1,590 (+14.0%), from €11,353 to €12,943
- Debts after one year -€9,572
down €9,572 (-100%), from €9,572 to €0
- Current portion of long-term debt -€7,658
down €7,658 (-100%), from €7,658 to €0
- Profit (loss) carried forward -€6,978
down €6,978, from €297 to -€6,681
- Tax, wage and social debts -€2,048
down €2,048 (-20.3%), from €10,097 to €8,049
of which Taxes: -€1,180
- Gross operating margin -€25,540
down €25,540, from €21,713 to -€3,827
- Depreciation -€11,513
down €11,513 (-85.4%), from €13,475 to €1,962
- Taxes -€1,627
down €1,627 (-91.4%), from €1,779 to €153
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 | €68,794 | €42,020 | -€26,774 | -38.9% |
| Fixed assets | 21/28 | €30,199 | €4,050 | -€26,149 | -86.6% |
| Tangible fixed assets | 22/27 | €30,199 | €4,050 | -€26,149 | -86.6% |
| Plant, machinery and equipment | 23 | - | €1,673 | +€1,673 | |
| Furniture and vehicles | 24 | €30,199 | €2,377 | -€27,822 | -92.1% |
| Current assets | 29/58 | €38,595 | €37,970 | -€625 | -1.6% |
| Amounts receivable within one year | 40/41 | €4,334 | €11,373 | +€7,039 | +162% |
| Trade receivables | 40 | €1,113 | €5,805 | +€4,691 | +421% |
| Other amounts receivable | 41 | €3,221 | €5,568 | +€2,347 | +72.9% |
| Current investments | 50/53 | €11,353 | €12,943 | +€1,590 | +14.0% |
| Cash at bank and in hand | 54/58 | €19,190 | €12,826 | -€6,364 | -33.2% |
| Deferred charges and accrued income | 490/1 | €3,718 | €828 | -€2,890 | -77.7% |
| Total equity and liabilities | 10/49 | €68,794 | €42,020 | -€26,774 | -38.9% |
| Equity | 10/15 | €26,411 | €19,433 | -€6,978 | -26.4% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €17,915 | €17,915 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €16,055 | €16,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | €297 | -€6,681 | -€6,978 | |
| Amounts payable | 17/49 | €42,383 | €22,587 | -€19,796 | -46.7% |
| Amounts payable after more than one year | 17 | €9,572 | €0 | -€9,572 | -100% |
| Financial debts | 170/4 | €9,572 | €0 | -€9,572 | -100% |
| Amounts payable within one year | 42/48 | €32,801 | €22,486 | -€10,315 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €7,658 | €0 | -€7,658 | -100% |
| Trade debts | 44 | €4,231 | €3,808 | -€422 | -10.0% |
| Suppliers | 440/4 | €4,231 | €3,808 | -€422 | -10.0% |
| Taxes, remuneration and social security | 45 | €10,097 | €8,049 | -€2,048 | -20.3% |
| Taxes | 450/3 | €3,372 | €2,192 | -€1,180 | -35.0% |
| Remuneration and social security | 454/9 | €6,725 | €5,857 | -€868 | -12.9% |
| Other amounts payable | 47/48 | €10,816 | €10,629 | -€186 | -1.7% |
| Accrued charges and deferred income | 492/3 | €10 | €101 | +€91 | +909% |
| Remuneration, social security and pensions | 62 | €94 | €118 | +€24 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,475 | €1,962 | -€11,513 | -85.4% |
| Other operating charges | 640/8 | €485 | €543 | +€58 | +12.0% |
| Gross operating margin | 9900 | €21,713 | -€3,827 | -€25,540 | |
| Operating profit (loss) | 9901 | €7,659 | -€6,450 | -€14,109 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €381 | €375 | -€5 | -1.4% |
| Recurring financial charges | 65 | €381 | €375 | -€5 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €7,279 | -€6,825 | -€14,104 | |
| Income taxes | 67/77 | €1,779 | €153 | -€1,627 | -91.4% |
| Profit (loss) for the period | 9904 | €5,500 | -€6,978 | -€12,478 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,500 | -€6,978 | -€12,478 |
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 16 October 2026 via checked.be.