EURO - 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.
EURO - SERVICES
Largest movements
- Receivables within one year +€102,280
up €102,280 (+12.3%), from €833,985 to €936,264
of which Trade receivables: +€111,694
- Tangible fixed assets -€23,092
down €23,092 (-4.8%), from €477,066 to €453,974
of which Land and buildings: -€44,538
- Other debts -€423,145
down €423,145 (-84.1%), from €503,055 to €79,910
- Provisions +€400,000
up €400,000 (+769.2%), from €52,000 to €452,000
- Trade debts +€79,058
up €79,058 (+132.6%), from €59,627 to €138,685
- Gross operating margin +€27,617
up €27,617 (+48.2%), from €57,273 to €84,890
- Other operating charges +€7,226
up €7,226 (+53.6%), from €13,472 to €20,698
- Depreciation +€5,282
up €5,282 (+11.1%), from €47,455 to €52,737
- Financial income -€4,028
down €4,028 (-11.9%), from €33,951 to €29,922
- Taxes +€1,906
up €1,906 (+54.0%), from €3,529 to €5,435
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 | €1,635,821 | €1,706,687 | +€70,866 | +4.3% |
| Fixed assets | 21/28 | €477,496 | €454,404 | -€23,092 | -4.8% |
| Tangible fixed assets | 22/27 | €477,066 | €453,974 | -€23,092 | -4.8% |
| Land and buildings | 22 | €432,528 | €387,990 | -€44,538 | -10.3% |
| Plant, machinery and equipment | 23 | €4,670 | €4,163 | -€508 | -10.9% |
| Furniture and vehicles | 24 | €5,342 | €24,095 | +€18,753 | +351.0% |
| Other tangible fixed assets | 26 | €34,525 | €37,727 | +€3,202 | +9.3% |
| Financial fixed assets | 28 | €430 | €430 | = | 0.0% |
| Current assets | 29/58 | €1,158,325 | €1,252,283 | +€93,958 | +8.1% |
| Amounts receivable within one year | 40/41 | €833,985 | €936,264 | +€102,280 | +12.3% |
| Trade receivables | 40 | €156,293 | €267,986 | +€111,694 | +71.5% |
| Other amounts receivable | 41 | €677,692 | €668,278 | -€9,414 | -1.4% |
| Current investments | 50/53 | €46,050 | €46,050 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €278,291 | €269,969 | -€8,322 | -3.0% |
| Total equity and liabilities | 10/49 | €1,635,821 | €1,706,687 | +€70,866 | +4.3% |
| Equity | 10/15 | €967,531 | €979,091 | +€11,560 | +1.2% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Outside capital | 11 | €250,000 | - | -€250,000 | |
| Other | 1109/19 | €250,000 | - | -€250,000 | |
| Reserves | 13 | €79,454 | €79,454 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,000 | €35,000 | = | 0.0% |
| Legal reserve | 130 | €35,000 | - | -€35,000 | |
| Reserves not available under the articles | 1311 | - | €35,000 | +€35,000 | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €25,704 | €25,704 | = | 0.0% |
| Profit (loss) carried forward | 14 | €638,076 | €649,637 | +€11,560 | +1.8% |
| Provisions and deferred taxes | 16 | €52,000 | €452,000 | +€400,000 | +769.2% |
| Provisions for liabilities and charges | 160/5 | €52,000 | €452,000 | +€400,000 | +769.2% |
| Taxes | 161 | €52,000 | €52,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | - | €400,000 | +€400,000 | |
| Amounts payable | 17/49 | €616,290 | €275,596 | -€340,694 | -55.3% |
| Amounts payable within one year | 42/48 | €593,883 | €251,916 | -€341,967 | -57.6% |
| Trade debts | 44 | €59,627 | €138,685 | +€79,058 | +132.6% |
| Suppliers | 440/4 | €59,627 | €138,685 | +€79,058 | +132.6% |
| Advances received on contracts in progress | 46 | €27,155 | €27,155 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,046 | €6,166 | +€2,120 | +52.4% |
| Taxes | 450/3 | €4,046 | €6,166 | +€2,120 | +52.4% |
| Other amounts payable | 47/48 | €503,055 | €79,910 | -€423,145 | -84.1% |
| Accrued charges and deferred income | 492/3 | €22,407 | €23,680 | +€1,273 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,455 | €52,737 | +€5,282 | +11.1% |
| Other operating charges | 640/8 | €13,472 | €20,698 | +€7,226 | +53.6% |
| Gross operating margin | 9900 | €57,273 | €84,890 | +€27,617 | +48.2% |
| Operating profit (loss) | 9901 | -€3,654 | €11,455 | +€15,109 | |
| Financial income | 75/76B | €33,951 | €29,922 | -€4,028 | -11.9% |
| Recurring financial income | 75 | €33,951 | €29,922 | -€4,028 | -11.9% |
| Financial charges | 65/66B | €23,328 | €24,382 | +€1,055 | +4.5% |
| Recurring financial charges | 65 | €23,328 | €24,382 | +€1,055 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €6,969 | €16,995 | +€10,026 | +143.9% |
| Income taxes | 67/77 | €3,529 | €5,435 | +€1,906 | +54.0% |
| Profit (loss) for the period | 9904 | €3,440 | €11,560 | +€8,120 | +236.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,440 | €11,560 | +€8,120 | +236.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.