EUROPEAN COMPUTER 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.
EUROPEAN COMPUTER SERVICES
Largest movements
- Receivables within one year +€32,558
up €32,558 (+29.4%), from €110,555 to €143,112
of which Trade receivables: +€32,708
- Current investments +€22,557
up €22,557 (+68.9%), from €32,743 to €55,300
- Tangible fixed assets -€18,301
down €18,301 (-3.7%), from €497,171 to €478,871
of which Land and buildings: -€29,113
- Cash +€12,159
up €12,159 (+28.0%), from €43,434 to €55,593
mainly Depreciation (+€43,525) and Provisions (+€22,557)
- Provisions +€22,557
up €22,557 (+68.9%), from €32,743 to €55,300
- Trade debts +€14,506
up €14,506 (+19.4%), from €74,888 to €89,394
- Profit (loss) carried forward +€10,434
up €10,434 (+7.7%), from €135,036 to €145,470
- Gross operating margin -€72,785
down €72,785 (-13.4%), from €542,559 to €469,774
- Taxes -€17,365
down €17,365 (-72.5%), from €23,956 to €6,591
- Provisions -€10,185
down €10,185 (-31.1%), from €32,743 to €22,557
- Financial income +€7,417
up €7,417 (+860%), from €862 to €8,280
- Financial charges -€6,111
down €6,111 (-38.7%), from €15,791 to €9,679
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €689,021 | €737,004 | +€47,983 | +7.0% |
| Fixed assets | 21/28 | €497,171 | €478,871 | -€18,301 | -3.7% |
| Tangible fixed assets | 22/27 | €497,171 | €478,871 | -€18,301 | -3.7% |
| Land and buildings | 22 | €490,803 | €461,690 | -€29,113 | -5.9% |
| Plant, machinery and equipment | 23 | - | €12,482 | +€12,482 | |
| Furniture and vehicles | 24 | €6,368 | €4,698 | -€1,670 | -26.2% |
| Current assets | 29/58 | €191,849 | €258,133 | +€66,284 | +34.5% |
| Amounts receivable within one year | 40/41 | €110,555 | €143,112 | +€32,558 | +29.4% |
| Trade receivables | 40 | €100,997 | €133,705 | +€32,708 | +32.4% |
| Other amounts receivable | 41 | €9,557 | €9,407 | -€150 | -1.6% |
| Current investments | 50/53 | €32,743 | €55,300 | +€22,557 | +68.9% |
| Cash at bank and in hand | 54/58 | €43,434 | €55,593 | +€12,159 | +28.0% |
| Deferred charges and accrued income | 490/1 | €5,118 | €4,128 | -€990 | -19.3% |
| Total equity and liabilities | 10/49 | €689,021 | €737,004 | +€47,983 | +7.0% |
| Equity | 10/15 | €513,193 | €523,627 | +€10,434 | +2.0% |
| Contributions | 10/11 | €350,005 | €350,005 | = | 0.0% |
| Reserves | 13 | €28,152 | €28,152 | = | 0.0% |
| Distributable reserves | 133 | €28,152 | €28,152 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,036 | €145,470 | +€10,434 | +7.7% |
| Provisions and deferred taxes | 16 | €32,743 | €55,300 | +€22,557 | +68.9% |
| Provisions for liabilities and charges | 160/5 | €32,743 | €55,300 | +€22,557 | +68.9% |
| Environmental obligations | 163 | €32,743 | €55,300 | +€22,557 | +68.9% |
| Amounts payable | 17/49 | €143,085 | €158,077 | +€14,992 | +10.5% |
| Amounts payable within one year | 42/48 | €142,900 | €151,979 | +€9,079 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €74,888 | €89,394 | +€14,506 | +19.4% |
| Suppliers | 440/4 | €74,888 | €89,394 | +€14,506 | +19.4% |
| Taxes, remuneration and social security | 45 | €68,012 | €62,585 | -€5,427 | -8.0% |
| Taxes | 450/3 | €27,964 | €21,482 | -€6,482 | -23.2% |
| Remuneration and social security | 454/9 | €40,048 | €41,103 | +€1,055 | +2.6% |
| Accrued charges and deferred income | 492/3 | €185 | €6,098 | +€5,913 | +3,194% |
| Remuneration, social security and pensions | 62 | €364,699 | €369,694 | +€4,995 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,057 | €43,525 | +€2,468 | +6.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €32,743 | €22,557 | -€10,185 | -31.1% |
| Other operating charges | 640/8 | €15,099 | €15,573 | +€475 | +3.1% |
| Gross operating margin | 9900 | €542,559 | €469,774 | -€72,785 | -13.4% |
| Operating profit (loss) | 9901 | €88,962 | €18,425 | -€70,538 | -79.3% |
| Financial income | 75/76B | €862 | €8,280 | +€7,417 | +860% |
| Recurring financial income | 75 | €862 | €8,280 | +€7,417 | +860% |
| Financial charges | 65/66B | €15,791 | €9,679 | -€6,111 | -38.7% |
| Recurring financial charges | 65 | €15,791 | €9,679 | -€6,111 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €74,033 | €17,025 | -€57,009 | -77.0% |
| Income taxes | 67/77 | €23,956 | €6,591 | -€17,365 | -72.5% |
| Profit (loss) for the period | 9904 | €50,078 | €10,434 | -€39,644 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,078 | €10,434 | -€39,644 | -79.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.