Exceeding 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.
Exceeding Services
Largest movements
- Cash +€166,656
up €166,656 (+159.8%), from €104,307 to €270,963
mainly Net result for the year (+€106,997) and Tax, wage and social debts (+€59,665)
- Tangible fixed assets -€33,476
down €33,476 (-32.9%), from €101,786 to €68,310
of which Furniture and vehicles: -€33,930
- Receivables within one year -€17,619
down €17,619 (-11.3%), from €156,028 to €138,410
of which Trade receivables: -€17,075
- Deferred charges and accrued income +€15,212
up €15,212 (+1057.8%), from €1,438 to €16,650
- Reserves +€106,997
up €106,997 (+55.8%), from €191,619 to €298,616
of which Distributable reserves: +€106,997
- Tax, wage and social debts +€59,665
up €59,665 (+196.1%), from €30,427 to €90,092
- Debts after one year -€23,421
down €23,421 (-92.2%), from €25,406 to €1,985
- Other debts -€23,149
down €23,149 (-22.7%), from €101,965 to €78,816
- Trade debts +€18,796
up €18,796 (+386.7%), from €4,860 to €23,656
- Gross operating margin +€97,981
up €97,981 (+93.1%), from €105,207 to €203,188
- Taxes +€31,177
up €31,177 (+190.9%), from €16,327 to €47,504
- Depreciation -€14,040
down €14,040 (-27.7%), from €50,654 to €36,614
- Financial charges -€4,779
down €4,779 (-39.3%), from €12,161 to €7,381
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 | €405,777 | €536,550 | +€130,773 | +32.2% |
| Fixed assets | 21/28 | €101,786 | €68,310 | -€33,476 | -32.9% |
| Tangible fixed assets | 22/27 | €101,786 | €68,310 | -€33,476 | -32.9% |
| Plant, machinery and equipment | 23 | €17,183 | €17,412 | +€229 | +1.3% |
| Furniture and vehicles | 24 | €84,603 | €50,673 | -€33,930 | -40.1% |
| Other tangible fixed assets | 26 | - | €225 | +€225 | |
| Current assets | 29/58 | €303,991 | €468,240 | +€164,249 | +54.0% |
| Amounts receivable within one year | 40/41 | €156,028 | €138,410 | -€17,619 | -11.3% |
| Trade receivables | 40 | €155,024 | €137,950 | -€17,075 | -11.0% |
| Other amounts receivable | 41 | €1,004 | €460 | -€544 | -54.2% |
| Current investments | 50/53 | €42,218 | €42,218 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €104,307 | €270,963 | +€166,656 | +159.8% |
| Deferred charges and accrued income | 490/1 | €1,438 | €16,650 | +€15,212 | +1057.8% |
| Total equity and liabilities | 10/49 | €405,777 | €536,550 | +€130,773 | +32.2% |
| Equity | 10/15 | €210,219 | €317,216 | +€106,997 | +50.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €191,619 | €298,616 | +€106,997 | +55.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €191,619 | €298,616 | +€106,997 | +55.8% |
| Amounts payable | 17/49 | €195,558 | €219,334 | +€23,776 | +12.2% |
| Amounts payable after more than one year | 17 | €25,406 | €1,985 | -€23,421 | -92.2% |
| Financial debts | 170/4 | €25,406 | €1,985 | -€23,421 | -92.2% |
| Amounts payable within one year | 42/48 | €170,152 | €215,984 | +€45,832 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €32,900 | €23,421 | -€9,480 | -28.8% |
| Trade debts | 44 | €4,860 | €23,656 | +€18,796 | +386.7% |
| Suppliers | 440/4 | €4,860 | €23,656 | +€18,796 | +386.7% |
| Taxes, remuneration and social security | 45 | €30,427 | €90,092 | +€59,665 | +196.1% |
| Taxes | 450/3 | €30,427 | €90,092 | +€59,665 | +196.1% |
| Other amounts payable | 47/48 | €101,965 | €78,816 | -€23,149 | -22.7% |
| Accrued charges and deferred income | 492/3 | - | €1,365 | +€1,365 | |
| Non-recurring operating income | 76A | €0 | €100,902 | +€100,902 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,654 | €36,614 | -€14,040 | -27.7% |
| Other operating charges | 640/8 | €5,042 | €4,691 | -€351 | -7.0% |
| Gross operating margin | 9900 | €105,207 | €203,188 | +€97,981 | +93.1% |
| Operating profit (loss) | 9901 | €49,511 | €161,883 | +€112,372 | +227.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €12,161 | €7,381 | -€4,779 | -39.3% |
| Recurring financial charges | 65 | €12,161 | €7,381 | -€4,779 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €37,350 | €154,502 | +€117,151 | +313.7% |
| Income taxes | 67/77 | €16,327 | €47,504 | +€31,177 | +190.9% |
| Profit (loss) for the period | 9904 | €21,023 | €106,997 | +€85,974 | +409.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,023 | €106,997 | +€85,974 | +409.0% |
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 11 October 2026 via checked.be.