FNS Service: 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.
FNS Service
Largest movements
- Receivables within one year +€17,238
up €17,238 (+68.0%), from €25,338 to €42,576
of which Trade receivables: +€15,446
- Cash -€13,631
down €13,631 (-23.0%), from €59,170 to €45,539
mainly Receivables within one year (-€17,238) and Contributions, distributions and other (-€14,167)
- Stocks and contracts -€10,900
down €10,900 (-35.1%), from €31,050 to €20,150
- Trade debts -€7,711
down €7,711 (-28.6%), from €26,985 to €19,274
- Reserves +€7,541
up €7,541 (+5.8%), from €129,892 to €137,433
- Debts after one year -€7,312
down €7,312 (-43.5%), from €16,806 to €9,494
- Other debts -€6,055
down €6,055 (-24.4%), from €24,796 to €18,741
- Tax, wage and social debts +€2,851
up €2,851 (+26.0%), from €10,963 to €13,814
of which Taxes: +€1,501
- Gross operating margin -€28,309
down €28,309 (-26.6%), from €106,467 to €78,158
- Staff costs -€16,765
down €16,765 (-37.2%), from €45,031 to €28,266
- Taxes -€4,735
down €4,735 (-31.5%), from €15,055 to €10,320
- Financial charges +€1,923
up €1,923 (+95.1%), from €2,022 to €3,944
- Other operating charges -€1,717
down €1,717 (-32.4%), from €5,304 to €3,587
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 | €229,671 | €219,706 | -€9,966 | -4.3% |
| Fixed assets | 21/28 | €114,113 | €111,440 | -€2,673 | -2.3% |
| Intangible fixed assets | 21 | €807 | €429 | -€378 | -46.9% |
| Tangible fixed assets | 22/27 | €113,156 | €110,861 | -€2,295 | -2.0% |
| Land and buildings | 22 | €93,946 | €89,526 | -€4,420 | -4.7% |
| Plant, machinery and equipment | 23 | €18,104 | €16,992 | -€1,112 | -6.1% |
| Furniture and vehicles | 24 | €1,106 | €4,342 | +€3,237 | +293% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €115,558 | €108,266 | -€7,292 | -6.3% |
| Stocks and contracts in progress | 3 | €31,050 | €20,150 | -€10,900 | -35.1% |
| Stocks | 30/36 | €31,050 | €20,150 | -€10,900 | -35.1% |
| Amounts receivable within one year | 40/41 | €25,338 | €42,576 | +€17,238 | +68.0% |
| Trade receivables | 40 | €21,661 | €37,107 | +€15,446 | +71.3% |
| Other amounts receivable | 41 | €3,676 | €5,469 | +€1,792 | +48.8% |
| Cash at bank and in hand | 54/58 | €59,170 | €45,539 | -€13,631 | -23.0% |
| Total equity and liabilities | 10/49 | €229,671 | €219,706 | -€9,966 | -4.3% |
| Equity | 10/15 | €136,092 | €143,633 | +€7,541 | +5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €129,892 | €137,433 | +€7,541 | +5.8% |
| Distributable reserves | 133 | €129,892 | €137,433 | +€7,541 | +5.8% |
| Amounts payable | 17/49 | €93,579 | €76,072 | -€17,506 | -18.7% |
| Amounts payable after more than one year | 17 | €16,806 | €9,494 | -€7,312 | -43.5% |
| Financial debts | 170/4 | €16,806 | €9,494 | -€7,312 | -43.5% |
| Amounts payable within one year | 42/48 | €76,773 | €64,285 | -€12,488 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €13,467 | €12,456 | -€1,011 | -7.5% |
| Financial debts | 43 | €562 | - | -€562 | |
| Credit institutions | 430/8 | €562 | - | -€562 | |
| Trade debts | 44 | €26,985 | €19,274 | -€7,711 | -28.6% |
| Suppliers | 440/4 | €26,985 | €19,274 | -€7,711 | -28.6% |
| Taxes, remuneration and social security | 45 | €10,963 | €13,814 | +€2,851 | +26.0% |
| Taxes | 450/3 | €7,709 | €9,211 | +€1,501 | +19.5% |
| Remuneration and social security | 454/9 | €3,254 | €4,603 | +€1,349 | +41.5% |
| Other amounts payable | 47/48 | €24,796 | €18,741 | -€6,055 | -24.4% |
| Accrued charges and deferred income | 492/3 | - | €2,294 | +€2,294 | |
| Remuneration, social security and pensions | 62 | €45,031 | €28,266 | -€16,765 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,060 | €10,333 | +€274 | +2.7% |
| Other operating charges | 640/8 | €5,304 | €3,587 | -€1,717 | -32.4% |
| Gross operating margin | 9900 | €106,467 | €78,158 | -€28,309 | -26.6% |
| Operating profit (loss) | 9901 | €46,072 | €35,971 | -€10,102 | -21.9% |
| Financial income | 75/76B | €8 | €1 | -€8 | -92.3% |
| Recurring financial income | 75 | €8 | €1 | -€8 | -92.3% |
| Financial charges | 65/66B | €2,022 | €3,944 | +€1,923 | +95.1% |
| Recurring financial charges | 65 | €2,022 | €3,944 | +€1,923 | +95.1% |
| Profit (loss) for the period before taxes | 9903 | €44,059 | €32,027 | -€12,032 | -27.3% |
| Income taxes | 67/77 | €15,055 | €10,320 | -€4,735 | -31.5% |
| Profit (loss) for the period | 9904 | €29,004 | €21,707 | -€7,297 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,004 | €21,707 | -€7,297 | -25.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.