FINSERVICE: 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.
FINSERVICE
Largest movements
- Intangible fixed assets -€91,000
down €91,000 (-12.4%), from €734,482 to €643,482
- Cash -€37,823
down €37,823 (-91.3%), from €41,426 to €3,602
mainly Debts after one year (-€102,857) and Trade debts (-€60,000)
- Receivables within one year -€17,058
down €17,058 (-14.8%), from €115,377 to €98,319
of which Other amounts receivable: -€12,733
- Debts after one year -€102,857
down €102,857 (-21.4%), from €480,000 to €377,143
- Trade debts -€60,000
down €60,000 (-52.2%), from €115,000 to €55,000
- Tax, wage and social debts +€10,081
up €10,081 (+66.2%), from €15,238 to €25,319
of which Taxes: +€5,252
- Profit (loss) carried forward +€9,462
up €9,462 (+67.8%), from €13,950 to €23,412
- Gross operating margin +€14,878
up €14,878 (+7.2%), from €207,553 to €222,431
- Staff costs +€14,277
up €14,277 (+16.5%), from €86,662 to €100,939
- Financial charges -€12,505
down €12,505 (-45.2%), from €27,668 to €15,163
- Taxes +€4,280
up €4,280 (+265%), from €1,618 to €5,898
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 | €907,045 | €763,731 | -€143,314 | -15.8% |
| Fixed assets | 21/28 | €745,033 | €655,679 | -€89,353 | -12.0% |
| Intangible fixed assets | 21 | €734,482 | €643,482 | -€91,000 | -12.4% |
| Tangible fixed assets | 22/27 | €3,950 | €5,597 | +€1,647 | +41.7% |
| Plant, machinery and equipment | 23 | €3,950 | €5,597 | +€1,647 | +41.7% |
| Financial fixed assets | 28 | €6,600 | €6,600 | = | 0.0% |
| Current assets | 29/58 | €162,012 | €108,052 | -€53,961 | -33.3% |
| Amounts receivable within one year | 40/41 | €115,377 | €98,319 | -€17,058 | -14.8% |
| Trade receivables | 40 | €62,643 | €58,319 | -€4,324 | -6.9% |
| Other amounts receivable | 41 | €52,733 | €40,000 | -€12,733 | -24.1% |
| Cash at bank and in hand | 54/58 | €41,426 | €3,602 | -€37,823 | -91.3% |
| Deferred charges and accrued income | 490/1 | €5,210 | €6,131 | +€920 | +17.7% |
| Total equity and liabilities | 10/49 | €907,045 | €763,731 | -€143,314 | -15.8% |
| Equity | 10/15 | €193,950 | €203,412 | +€9,462 | +4.9% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,950 | €23,412 | +€9,462 | +67.8% |
| Amounts payable | 17/49 | €713,095 | €560,319 | -€152,776 | -21.4% |
| Amounts payable after more than one year | 17 | €480,000 | €377,143 | -€102,857 | -21.4% |
| Financial debts | 170/4 | €480,000 | €377,143 | -€102,857 | -21.4% |
| Amounts payable within one year | 42/48 | €233,095 | €183,176 | -€49,919 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €102,857 | €102,857 | = | 0.0% |
| Trade debts | 44 | €115,000 | €55,000 | -€60,000 | -52.2% |
| Suppliers | 440/4 | €115,000 | €55,000 | -€60,000 | -52.2% |
| Taxes, remuneration and social security | 45 | €15,238 | €25,319 | +€10,081 | +66.2% |
| Taxes | 450/3 | €4,495 | €9,747 | +€5,252 | +117% |
| Remuneration and social security | 454/9 | €10,743 | €15,572 | +€4,829 | +45.0% |
| Remuneration, social security and pensions | 62 | €86,662 | €100,939 | +€14,277 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,285 | €92,128 | +€844 | +0.9% |
| Other operating charges | 640/8 | €387 | €141 | -€247 | -63.7% |
| Gross operating margin | 9900 | €207,553 | €222,431 | +€14,878 | +7.2% |
| Operating profit (loss) | 9901 | €29,219 | €29,223 | +€4 | 0.0% |
| Financial income | 75/76B | €875 | €1,300 | +€424 | +48.5% |
| Recurring financial income | 75 | €875 | €1,300 | +€424 | +48.5% |
| Financial charges | 65/66B | €27,668 | €15,163 | -€12,505 | -45.2% |
| Recurring financial charges | 65 | €27,668 | €15,163 | -€12,505 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €2,426 | €15,359 | +€12,933 | +533% |
| Income taxes | 67/77 | €1,618 | €5,898 | +€4,280 | +265% |
| Profit (loss) for the period | 9904 | €808 | €9,462 | +€8,653 | +1,070% |
| Profit (loss) for the period to be appropriated | 9905 | €808 | €9,462 | +€8,653 | +1,070% |
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.