FIRST SERVICE LIMO: 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.
FIRST SERVICE LIMO
Largest movements
- Tangible fixed assets -€22,624
down €22,624 (-97.3%), from €23,251 to €627
- Cash +€16,438
up €16,438 (+5,693%), from €289 to €16,727
mainly Receivables within one year (+€12,265) and Investment in fixed assets (net) (+€11,449)
- Receivables within one year -€12,265
down €12,265 (-83.3%), from €14,722 to €2,458
of which Trade receivables: -€13,288
- Deferred charges and accrued income -€1,306
no longer reported in 2024 (was €1,306)
- Profit (loss) carried forward -€10,871
down €10,871 (-68.0%), from €15,979 to €5,108
- Tax, wage and social debts -€7,077
no longer reported in 2024 (was €7,077)
- Other debts -€3,784
down €3,784 (-92.5%), from €4,089 to €305
- Trade debts +€1,971
up €1,971 (+32.8%), from €6,017 to €7,988
- Gross operating margin -€23,225
down €23,225 (-65.8%), from €35,305 to €12,080
- Turnover -€17,255
down €17,255 (-29.0%), from €59,524 to €42,270
- Taxes -€8,177
down €8,177, from €7,275 to -€902
- Purchases and services +€5,970
up €5,970 (+24.7%), from €24,220 to €30,190
- Other operating charges +€2,681
up €2,681 (+330%), from €811 to €3,492
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,568 | €19,811 | -€19,756 | -49.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €23,251 | €627 | -€22,624 | -97.3% |
| Tangible fixed assets | 22/27 | €23,251 | €627 | -€22,624 | -97.3% |
| Furniture and vehicles | 24 | €23,251 | €627 | -€22,624 | -97.3% |
| Current assets | 29/58 | €16,317 | €19,184 | +€2,867 | +17.6% |
| Amounts receivable within one year | 40/41 | €14,722 | €2,458 | -€12,265 | -83.3% |
| Trade receivables | 40 | €14,020 | €732 | -€13,288 | -94.8% |
| Other amounts receivable | 41 | €702 | €1,725 | +€1,024 | +146% |
| Cash at bank and in hand | 54/58 | €289 | €16,727 | +€16,438 | +5,693% |
| Deferred charges and accrued income | 490/1 | €1,306 | - | -€1,306 | |
| Total equity and liabilities | 10/49 | €39,568 | €19,811 | -€19,756 | -49.9% |
| Equity | 10/15 | €22,384 | €11,513 | -€10,871 | -48.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €205 | €205 | = | 0.0% |
| Non-distributable reserves | 130/1 | €205 | €205 | = | 0.0% |
| Reserves not available under the articles | 1311 | €205 | €205 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,979 | €5,108 | -€10,871 | -68.0% |
| Amounts payable | 17/49 | €17,184 | €8,298 | -€8,885 | -51.7% |
| Amounts payable within one year | 42/48 | €17,184 | €8,298 | -€8,885 | -51.7% |
| Financial debts | 43 | - | €5 | +€5 | |
| Credit institutions | 430/8 | - | €5 | +€5 | |
| Trade debts | 44 | €6,017 | €7,988 | +€1,971 | +32.8% |
| Suppliers | 440/4 | €6,017 | €7,988 | +€1,971 | +32.8% |
| Taxes, remuneration and social security | 45 | €7,077 | - | -€7,077 | |
| Taxes | 450/3 | €7,077 | - | -€7,077 | |
| Other amounts payable | 47/48 | €4,089 | €305 | -€3,784 | -92.5% |
| Turnover | 70 | €59,524 | €42,270 | -€17,255 | -29.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €24,220 | €30,190 | +€5,970 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,686 | €11,175 | -€512 | -4.4% |
| Other operating charges | 640/8 | €811 | €3,492 | +€2,681 | +330% |
| Non-recurring operating charges | 66A | €646 | €8,812 | +€8,167 | +1,265% |
| Gross operating margin | 9900 | €35,305 | €12,080 | -€23,225 | -65.8% |
| Operating profit (loss) | 9901 | €22,162 | -€11,399 | -€33,561 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €181 | €374 | +€193 | +106% |
| Recurring financial charges | 65 | €181 | €374 | +€193 | +106% |
| Profit (loss) for the period before taxes | 9903 | €21,981 | -€11,773 | -€33,755 | |
| Income taxes | 67/77 | €7,275 | -€902 | -€8,177 | |
| Profit (loss) for the period | 9904 | €14,706 | -€10,871 | -€25,578 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,706 | -€10,871 | -€25,578 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.