FLASH SERVICE: what changed
Two fiscal 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.
FLASH SERVICE
Largest movements
- Tangible fixed assets -€38,146
down €38,146 (-4.3%), from €892,568 to €854,421
of which Land and buildings: -€20,426
- Cash -€16,646
down €16,646 (-54.2%), from €30,684 to €14,038
mainly Debts after one year (-€63,057) and Investment in fixed assets (net) (-€14,869)
- Intangible fixed assets +€16,026
up €16,026 (+81.6%), from €19,651 to €35,677
- Receivables within one year -€11,317
down €11,317 (-11.8%), from €95,962 to €84,644
of which Trade receivables: -€13,010
- Debts after one year -€63,057
down €63,057 (-12.2%), from €517,491 to €454,434
of which Financial debts: -€48,057
- Trade debts +€14,993
up €14,993 (+37.7%), from €39,799 to €54,793
- Profit (loss) carried forward -€13,108
down €13,108 (-10.9%), from €120,173 to €107,064
- Staff costs +€48,887
up €48,887 (+40.5%), from €120,803 to €169,690
- Other operating charges -€23,874
down €23,874 (-60.8%), from €39,252 to €15,378
- Gross operating margin +€17,021
up €17,021 (+7.7%), from €221,127 to €238,147
- Financial charges +€4,485
up €4,485 (+18.1%), from €24,714 to €29,199
of which Non-recurring financial charges: +€6,646
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 | €1,044,192 | €992,679 | -€51,513 | -4.9% |
| Fixed assets | 21/28 | €912,218 | €890,098 | -€22,120 | -2.4% |
| Intangible fixed assets | 21 | €19,651 | €35,677 | +€16,026 | +81.6% |
| Tangible fixed assets | 22/27 | €892,568 | €854,421 | -€38,146 | -4.3% |
| Land and buildings | 22 | €782,371 | €761,945 | -€20,426 | -2.6% |
| Plant, machinery and equipment | 23 | €99,661 | €91,794 | -€7,867 | -7.9% |
| Furniture and vehicles | 24 | €10,536 | €682 | -€9,854 | -93.5% |
| Current assets | 29/58 | €131,974 | €102,581 | -€29,393 | -22.3% |
| Stocks and contracts in progress | 3 | €3,196 | €3,586 | +€390 | +12.2% |
| Stocks | 30/36 | €3,196 | €3,586 | +€390 | +12.2% |
| Amounts receivable within one year | 40/41 | €95,962 | €84,644 | -€11,317 | -11.8% |
| Trade receivables | 40 | €95,962 | €82,952 | -€13,010 | -13.6% |
| Other amounts receivable | 41 | - | €1,693 | +€1,693 | |
| Cash at bank and in hand | 54/58 | €30,684 | €14,038 | -€16,646 | -54.2% |
| Deferred charges and accrued income | 490/1 | €2,132 | €313 | -€1,820 | -85.3% |
| Total equity and liabilities | 10/49 | €1,044,192 | €992,679 | -€51,513 | -4.9% |
| Equity | 10/15 | €202,836 | €189,727 | -€13,108 | -6.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €64,071 | €64,071 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,684 | €21,684 | = | 0.0% |
| Distributable reserves | 133 | €40,528 | €40,528 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,173 | €107,064 | -€13,108 | -10.9% |
| Amounts payable | 17/49 | €841,357 | €802,952 | -€38,405 | -4.6% |
| Amounts payable after more than one year | 17 | €517,491 | €454,434 | -€63,057 | -12.2% |
| Financial debts | 170/4 | €417,491 | €369,434 | -€48,057 | -11.5% |
| Other amounts payable | 178/9 | €100,000 | €85,000 | -€15,000 | -15.0% |
| Amounts payable within one year | 42/48 | €319,920 | €336,517 | +€16,598 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €49,553 | €47,786 | -€1,767 | -3.6% |
| Financial debts | 43 | €164,500 | €164,500 | = | 0.0% |
| Credit institutions | 430/8 | €164,500 | €164,500 | = | 0.0% |
| Trade debts | 44 | €39,799 | €54,793 | +€14,993 | +37.7% |
| Suppliers | 440/4 | €39,799 | €54,793 | +€14,993 | +37.7% |
| Advances received on contracts in progress | 46 | €40,000 | €40,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €17,432 | €24,478 | +€7,046 | +40.4% |
| Taxes | 450/3 | €3,762 | €4,181 | +€419 | +11.1% |
| Remuneration and social security | 454/9 | €13,670 | €20,297 | +€6,627 | +48.5% |
| Other amounts payable | 47/48 | €8,635 | €4,960 | -€3,675 | -42.6% |
| Accrued charges and deferred income | 492/3 | €3,946 | €12,000 | +€8,054 | +204.1% |
| Remuneration, social security and pensions | 62 | €120,803 | €169,690 | +€48,887 | +40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,449 | €36,989 | +€1,541 | +4.3% |
| Other operating charges | 640/8 | €39,252 | €15,378 | -€23,874 | -60.8% |
| Gross operating margin | 9900 | €221,127 | €238,147 | +€17,021 | +7.7% |
| Operating profit (loss) | 9901 | €25,623 | €16,090 | -€9,533 | -37.2% |
| Financial income | 75/76B | €620 | €0 | -€620 | -100.0% |
| Recurring financial income | 75 | €620 | €0 | -€620 | -100.0% |
| Financial charges | 65/66B | €24,714 | €29,199 | +€4,485 | +18.1% |
| Recurring financial charges | 65 | €24,714 | €22,552 | -€2,161 | -8.7% |
| Non-recurring financial charges | 66B | - | €6,646 | +€6,646 | |
| Profit (loss) for the period before taxes | 9903 | €1,529 | -€13,108 | -€14,637 | |
| Income taxes | 67/77 | €25 | - | -€25 | |
| Profit (loss) for the period | 9904 | €1,504 | -€13,108 | -€14,612 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,504 | -€13,108 | -€14,612 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.