EUROPE IT SERVICES: 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.
EUROPE IT SERVICES
Largest movements
- Receivables within one year -€12,987
down €12,987 (-18.2%), from €71,171 to €58,184
of which Trade receivables: -€13,113
- Intangible fixed assets -€1,860
down €1,860 (-56.8%), from €3,277 to €1,417
- Cash +€1,549
up €1,549 (+12.6%), from €12,291 to €13,840
mainly Receivables within one year (+€12,987) and Tax, wage and social debts (+€9,697)
- Deferred charges and accrued income +€1,270
up €1,270 (+490%), from €259 to €1,529
- Trade debts -€19,933
down €19,933 (-32.1%), from €62,111 to €42,177
- Tax, wage and social debts +€9,697
up €9,697 (+19.3%), from €50,308 to €60,005
of which Taxes: +€6,689
- Profit (loss) carried forward -€3,297
down €3,297 (-6.2%), from -€53,301 to -€56,598
- Other debts +€1,076
up €1,076 (+16.2%), from €6,630 to €7,706
- Staff costs -€66,469
down €66,469 (-32.1%), from €206,935 to €140,465
- Gross operating margin +€22,298
up €22,298 (+16.2%), from €137,724 to €160,022
- Other operating charges -€12,187
down €12,187 (-37.9%), from €32,157 to €19,969
- Financial charges -€2,684
down €2,684 (-81.7%), from €3,284 to €600
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 | €88,266 | €75,809 | -€12,457 | -14.1% |
| Fixed assets | 21/28 | €4,545 | €2,256 | -€2,289 | -50.4% |
| Intangible fixed assets | 21 | €3,277 | €1,417 | -€1,860 | -56.8% |
| Tangible fixed assets | 22/27 | €1,268 | €839 | -€429 | -33.8% |
| Furniture and vehicles | 24 | €1,268 | €839 | -€429 | -33.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €83,721 | €73,553 | -€10,168 | -12.1% |
| Amounts receivable within one year | 40/41 | €71,171 | €58,184 | -€12,987 | -18.2% |
| Trade receivables | 40 | €69,796 | €56,683 | -€13,113 | -18.8% |
| Other amounts receivable | 41 | €1,375 | €1,501 | +€126 | +9.2% |
| Cash at bank and in hand | 54/58 | €12,291 | €13,840 | +€1,549 | +12.6% |
| Deferred charges and accrued income | 490/1 | €259 | €1,529 | +€1,270 | +490% |
| Total equity and liabilities | 10/49 | €88,266 | €75,809 | -€12,457 | -14.1% |
| Equity | 10/15 | -€50,801 | -€54,098 | -€3,297 | -6.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,301 | -€56,598 | -€3,297 | -6.2% |
| Amounts payable | 17/49 | €139,067 | €129,907 | -€9,160 | -6.6% |
| Amounts payable within one year | 42/48 | €139,067 | €129,907 | -€9,160 | -6.6% |
| Trade debts | 44 | €62,111 | €42,177 | -€19,933 | -32.1% |
| Suppliers | 440/4 | €62,111 | €42,177 | -€19,933 | -32.1% |
| Advances received on contracts in progress | 46 | €20,019 | €20,019 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €50,308 | €60,005 | +€9,697 | +19.3% |
| Taxes | 450/3 | €12,677 | €19,366 | +€6,689 | +52.8% |
| Remuneration and social security | 454/9 | €37,631 | €40,638 | +€3,007 | +8.0% |
| Other amounts payable | 47/48 | €6,630 | €7,706 | +€1,076 | +16.2% |
| Remuneration, social security and pensions | 62 | €206,935 | €140,465 | -€66,469 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,879 | €2,289 | +€410 | +21.8% |
| Other operating charges | 640/8 | €32,157 | €19,969 | -€12,187 | -37.9% |
| Gross operating margin | 9900 | €137,724 | €160,022 | +€22,298 | +16.2% |
| Operating profit (loss) | 9901 | -€103,246 | -€2,702 | +€100,545 | +97.4% |
| Financial income | 75/76B | €164 | €4 | -€160 | -97.3% |
| Recurring financial income | 75 | €164 | €4 | -€160 | -97.3% |
| Financial charges | 65/66B | €3,284 | €600 | -€2,684 | -81.7% |
| Recurring financial charges | 65 | €3,284 | €600 | -€2,684 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | -€106,367 | -€3,297 | +€103,070 | +96.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€106,367 | -€3,297 | +€103,070 | +96.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€106,367 | -€3,297 | +€103,070 | +96.9% |
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 30 October 2026 via checked.be.