CIRCLE SERVICES INTERNATIONAL: 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.
CIRCLE SERVICES INTERNATIONAL
Largest movements
- Cash -€14,028
down €14,028 (-11.0%), from €127,731 to €113,704
mainly Other debts (-€6,569) and Net result for the year (-€4,980)
- Receivables within one year +€1,539
up €1,539 (+77.5%), from €1,986 to €3,525
of which Trade receivables: +€817
- Other debts -€6,569
down €6,569 (-10.3%), from €63,742 to €57,173
- Profit (loss) carried forward -€4,980
down €4,980 (-17.5%), from -€28,539 to -€33,520
- Depreciation -€3,596
no longer reported in 2025 (was €3,596)
- Gross operating margin -€720
down €720 (-20.9%), from -€3,441 to -€4,161
- Other operating charges -€421
down €421 (-25.7%), from €1,640 to €1,220
- Financial charges +€63
up €63 (+20.0%), from €317 to €380
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 | €140,856 | €128,704 | -€12,152 | -8.6% |
| Fixed assets | 21/28 | €10,100 | €10,100 | = | 0.0% |
| Financial fixed assets | 28 | €10,100 | €10,100 | = | 0.0% |
| Current assets | 29/58 | €130,756 | €118,604 | -€12,152 | -9.3% |
| Amounts receivable within one year | 40/41 | €1,986 | €3,525 | +€1,539 | +77.5% |
| Trade receivables | 40 | €363 | €1,180 | +€817 | +225% |
| Other amounts receivable | 41 | €1,623 | €2,345 | +€722 | +44.5% |
| Current investments | 50/53 | €11 | €11 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €127,731 | €113,704 | -€14,028 | -11.0% |
| Deferred charges and accrued income | 490/1 | €1,028 | €1,365 | +€337 | +32.8% |
| Total equity and liabilities | 10/49 | €140,856 | €128,704 | -€12,152 | -8.6% |
| Equity | 10/15 | €75,169 | €70,189 | -€4,980 | -6.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €85,158 | €85,158 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,652 | €3,652 | = | 0.0% |
| Distributable reserves | 133 | €79,651 | €79,651 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,539 | -€33,520 | -€4,980 | -17.5% |
| Amounts payable | 17/49 | €65,687 | €58,516 | -€7,171 | -10.9% |
| Amounts payable within one year | 42/48 | €64,152 | €58,311 | -€5,841 | -9.1% |
| Trade debts | 44 | €393 | €1,030 | +€637 | +162% |
| Suppliers | 440/4 | €393 | €1,030 | +€637 | +162% |
| Taxes, remuneration and social security | 45 | €17 | €108 | +€92 | +552% |
| Taxes | 450/3 | €17 | €108 | +€92 | +552% |
| Other amounts payable | 47/48 | €63,742 | €57,173 | -€6,569 | -10.3% |
| Accrued charges and deferred income | 492/3 | €1,535 | €205 | -€1,330 | -86.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,596 | - | -€3,596 | |
| Other operating charges | 640/8 | €1,640 | €1,220 | -€421 | -25.7% |
| Gross operating margin | 9900 | -€3,441 | -€4,161 | -€720 | -20.9% |
| Operating profit (loss) | 9901 | -€8,677 | -€5,380 | +€3,297 | +38.0% |
| Financial income | 75/76B | €1,049 | €1,062 | +€13 | +1.2% |
| Recurring financial income | 75 | €1,049 | €1,062 | +€13 | +1.2% |
| Financial charges | 65/66B | €317 | €380 | +€63 | +20.0% |
| Recurring financial charges | 65 | €317 | €380 | +€63 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,945 | -€4,699 | +€3,247 | +40.9% |
| Income taxes | 67/77 | €257 | €281 | +€24 | +9.4% |
| Profit (loss) for the period | 9904 | -€8,203 | -€4,980 | +€3,222 | +39.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,203 | -€4,980 | +€3,222 | +39.3% |
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 18 October 2026 via checked.be.