EUROSERVICES: 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.
What changed
EUROSERVICES
NACE 52.220, Warehousing and support activities for transportation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €1.1m+€206,946
Equity
€1.3m
2024 · €1.3m-€4,918
Cash
€382,293
2024 · €380,110+€2,183
Balance sheet total
€3.0m
2024 · €2.4m+€547,868
Largest movements
Assets
- Current investments +€306,561
up €306,561 (+23.7%), from €1.3m to €1.6m
- Receivables within one year +€255,446
up €255,446 (+40.1%), from €636,264 to €891,710
of which Trade receivables: +€257,492
Equity and liabilities
- Other debts +€300,595
up €300,595 (+31.1%), from €967,511 to €1.3m
- Advances received +€166,313
new in 2025: €166,313
- Tax, wage and social debts +€47,765
up €47,765 (+33.3%), from €143,370 to €191,135
of which Taxes: +€36,523
- Trade debts +€38,112
up €38,112 (+95.0%), from €40,109 to €78,221
Income statement
- Gross operating margin +€377,072
up €377,072 (+23.1%), from €1.6m to €2.0m
- Taxes +€165,779
up €165,779 (+62.2%), from €266,543 to €432,323
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.
Result 2024
€1.1m
Gross operating margin
+€377,072
Staff costs
-€10,609
Depreciation
-€4,344
Other operating charges
-€100
Financial income
+€10,827
Financial charges
-€120
Taxes
-€165,779
Result 2025
€1.3m
raises the resultlowers the result
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.
From operations
+€1.6m
Investment
-€311,445
Financing
-€1.3m
Cash 2024
€380,110
From operations (derived)
+€1.6m
Net result for the year
+€1.3m
Depreciation
+€22,590
Smaller working-capital items
-€1,385
Receivables within one year
-€255,446
Trade debts
+€38,112
Tax, wage and social debts
+€47,765
Advances received
+€166,313
Other debts
+€300,595
Investment (derived)
-€311,445
Investment in fixed assets (net)
-€4,883
Current investments
-€306,561
Financing
-€1.3m
Contributions, distributions and other
-€1.3m
Cash 2025
€382,293
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,416,294 | €2,964,162 | +€547,868 | +22.7% |
| Fixed assets | 21/28 | €89,872 | €72,165 | -€17,707 | -19.7% |
| Tangible fixed assets | 22/27 | €89,872 | €72,165 | -€17,707 | -19.7% |
| Land and buildings | 22 | €7,426 | €6,299 | -€1,127 | -15.2% |
| Plant, machinery and equipment | 23 | €43,952 | €37,125 | -€6,827 | -15.5% |
| Furniture and vehicles | 24 | €38,494 | €28,741 | -€9,753 | -25.3% |
| Current assets | 29/58 | €2,326,422 | €2,891,997 | +€565,575 | +24.3% |
| Stocks and contracts in progress | 3 | €11,130 | €12,370 | +€1,240 | +11.1% |
| Stocks | 30/36 | €11,130 | €12,370 | +€1,240 | +11.1% |
| Amounts receivable within one year | 40/41 | €636,264 | €891,710 | +€255,446 | +40.1% |
| Trade receivables | 40 | €600,597 | €858,089 | +€257,492 | +42.9% |
| Other amounts receivable | 41 | €35,667 | €33,621 | -€2,046 | -5.7% |
| Current investments | 50/53 | €1,294,696 | €1,601,257 | +€306,561 | +23.7% |
| Cash at bank and in hand | 54/58 | €380,110 | €382,293 | +€2,183 | +0.6% |
| Deferred charges and accrued income | 490/1 | €4,222 | €4,367 | +€145 | +3.4% |
| Total equity and liabilities | 10/49 | €2,416,294 | €2,964,162 | +€547,868 | +22.7% |
| Equity | 10/15 | €1,265,304 | €1,260,387 | -€4,918 | -0.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,203,304 | €1,198,387 | -€4,918 | -0.4% |
| Non-distributable reserves | 130/1 | €15,719 | €15,719 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,519 | €9,519 | = | 0.0% |
| Distributable reserves | 133 | €1,187,585 | €1,182,668 | -€4,918 | -0.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,150,990 | €1,703,775 | +€552,786 | +48.0% |
| Amounts payable within one year | 42/48 | €1,150,990 | €1,703,775 | +€552,786 | +48.0% |
| Trade debts | 44 | €40,109 | €78,221 | +€38,112 | +95.0% |
| Suppliers | 440/4 | €40,109 | €78,221 | +€38,112 | +95.0% |
| Advances received on contracts in progress | 46 | - | €166,313 | +€166,313 | |
| Taxes, remuneration and social security | 45 | €143,370 | €191,135 | +€47,765 | +33.3% |
| Taxes | 450/3 | €98,084 | €134,606 | +€36,523 | +37.2% |
| Remuneration and social security | 454/9 | €45,286 | €56,529 | +€11,243 | +24.8% |
| Other amounts payable | 47/48 | €967,511 | €1,268,107 | +€300,595 | +31.1% |
| Remuneration, social security and pensions | 62 | €305,550 | €316,159 | +€10,609 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,246 | €22,590 | +€4,344 | +23.8% |
| Other operating charges | 640/8 | €4,112 | €4,213 | +€100 | +2.4% |
| Gross operating margin | 9900 | €1,629,739 | €2,006,812 | +€377,072 | +23.1% |
| Operating profit (loss) | 9901 | €1,301,831 | €1,663,849 | +€362,018 | +27.8% |
| Financial income | 75/76B | €21,061 | €31,888 | +€10,827 | +51.4% |
| Recurring financial income | 75 | €18,484 | €31,888 | +€13,404 | +72.5% |
| Non-recurring financial income | 76B | €2,577 | €0 | -€2,577 | -100% |
| Financial charges | 65/66B | €106 | €226 | +€120 | +113% |
| Recurring financial charges | 65 | €106 | €226 | +€120 | +113% |
| Profit (loss) for the period before taxes | 9903 | €1,322,786 | €1,695,511 | +€372,725 | +28.2% |
| Income taxes | 67/77 | €266,543 | €432,323 | +€165,779 | +62.2% |
| Profit (loss) for the period | 9904 | €1,056,243 | €1,263,189 | +€206,946 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,056,243 | €1,263,189 | +€206,946 | +19.6% |
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 17 October 2026 via checked.be.