D.4.SERVICE: 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.
D.4.SERVICE
Largest movements
- Tangible fixed assets +€26,717
up €26,717 (+20.7%), from €128,820 to €155,537
of which Leasing and similar rights: +€89,761
- Current investments -€6,993
down €6,993 (-99.9%), from €7,000 to €7
- Deferred charges and accrued income +€3,433
new in 2025: €3,433
- Advances received -€18,785
down €18,785 (-100%), from €18,785 to €0
- Profit (loss) carried forward +€13,809
up €13,809 (+86.7%), from €15,932 to €29,740
- Other debts +€8,940
new in 2025: €8,940
- Short-term financial debts +€7,321
up €7,321, from €0 to €7,321
- Debts after one year +€2,421
up €2,421 (+2.2%), from €110,491 to €112,912
- Depreciation -€22,331
down €22,331 (-46.0%), from €48,563 to €26,232
- Financial charges +€17,384
up €17,384 (+328%), from €5,299 to €22,683
- Gross operating margin +€16,220
up €16,220 (+30.9%), from €52,496 to €68,716
- Other operating charges -€4,647
down €4,647 (-36.7%), from €12,676 to €8,029
- Financial income +€950
up €950 (+87.5%), from €1,086 to €2,037
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 | €211,519 | €228,810 | +€17,291 | +8.2% |
| Fixed assets | 21/28 | €131,737 | €156,505 | +€24,767 | +18.8% |
| Tangible fixed assets | 22/27 | €128,820 | €155,537 | +€26,717 | +20.7% |
| Land and buildings | 22 | €4,173 | €0 | -€4,173 | -100% |
| Plant, machinery and equipment | 23 | - | €3,084 | +€3,084 | |
| Furniture and vehicles | 24 | €65,686 | €3,731 | -€61,955 | -94.3% |
| Leasing and similar rights | 25 | €58,961 | €148,722 | +€89,761 | +152% |
| Financial fixed assets | 28 | €2,918 | €968 | -€1,950 | -66.8% |
| Current assets | 29/58 | €79,782 | €72,306 | -€7,476 | -9.4% |
| Amounts receivable within one year | 40/41 | €70,692 | €68,766 | -€1,926 | -2.7% |
| Trade receivables | 40 | €37,505 | €59,853 | +€22,348 | +59.6% |
| Other amounts receivable | 41 | €33,187 | €8,913 | -€24,274 | -73.1% |
| Current investments | 50/53 | €7,000 | €7 | -€6,993 | -99.9% |
| Cash at bank and in hand | 54/58 | €2,090 | €100 | -€1,990 | -95.2% |
| Deferred charges and accrued income | 490/1 | - | €3,433 | +€3,433 | |
| Total equity and liabilities | 10/49 | €211,519 | €228,810 | +€17,291 | +8.2% |
| Equity | 10/15 | €18,432 | €32,240 | +€13,809 | +74.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,932 | €29,740 | +€13,809 | +86.7% |
| Amounts payable | 17/49 | €193,088 | €196,570 | +€3,482 | +1.8% |
| Amounts payable after more than one year | 17 | €110,491 | €112,912 | +€2,421 | +2.2% |
| Financial debts | 170/4 | €110,491 | €112,912 | +€2,421 | +2.2% |
| Amounts payable within one year | 42/48 | €82,597 | €83,552 | +€955 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €38,826 | €40,702 | +€1,876 | +4.8% |
| Financial debts | 43 | €0 | €7,321 | +€7,321 | |
| Credit institutions | 430/8 | €0 | €7,321 | +€7,321 | |
| Trade debts | 44 | €7,039 | €6,809 | -€230 | -3.3% |
| Suppliers | 440/4 | €7,039 | €6,809 | -€230 | -3.3% |
| Advances received on contracts in progress | 46 | €18,785 | €0 | -€18,785 | -100% |
| Taxes, remuneration and social security | 45 | €17,946 | €19,781 | +€1,834 | +10.2% |
| Taxes | 450/3 | €17,946 | €15,681 | -€2,266 | -12.6% |
| Remuneration and social security | 454/9 | - | €4,100 | +€4,100 | |
| Other amounts payable | 47/48 | - | €8,940 | +€8,940 | |
| Accrued charges and deferred income | 492/3 | - | €106 | +€106 | |
| Non-recurring operating income | 76A | - | €44,710 | +€44,710 | |
| Remuneration, social security and pensions | 62 | €695 | €0 | -€695 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,563 | €26,232 | -€22,331 | -46.0% |
| Other operating charges | 640/8 | €12,676 | €8,029 | -€4,647 | -36.7% |
| Gross operating margin | 9900 | €52,496 | €68,716 | +€16,220 | +30.9% |
| Operating profit (loss) | 9901 | -€9,438 | €34,455 | +€43,893 | |
| Financial income | 75/76B | €1,086 | €2,037 | +€950 | +87.5% |
| Recurring financial income | 75 | €1,086 | €2,037 | +€950 | +87.5% |
| Financial charges | 65/66B | €5,299 | €22,683 | +€17,384 | +328% |
| Recurring financial charges | 65 | €5,299 | €22,683 | +€17,384 | +328% |
| Profit (loss) for the period before taxes | 9903 | -€13,650 | €13,809 | +€27,459 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€13,650 | €13,809 | +€27,459 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,650 | €13,809 | +€27,459 |
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 31 October 2026 via checked.be.