FULL 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.
FULL SERVICES
Largest movements
- Tangible fixed assets -€305,341
down €305,341 (-91.7%), from €332,944 to €27,603
of which Land and buildings: -€306,782
- Receivables within one year +€107,626
up €107,626 (+3720.1%), from €2,893 to €110,519
of which Other amounts receivable: +€108,726
- Cash +€15,029
up €15,029 (+302.2%), from €4,974 to €20,002
mainly Investment in fixed assets (net) (+€299,494) and Net result for the year (+€63,797)
- Debts after one year -€234,341
down €234,341 (-91.8%), from €255,315 to €20,974
- Other debts +€41,153
up €41,153 (+4856.1%), from €847 to €42,000
- Profit (loss) carried forward +€21,797
up €21,797 (+750.9%), from €2,903 to €24,700
- Current portion of long-term debt -€9,726
down €9,726 (-58.2%), from €16,707 to €6,980
- Trade debts -€7,176
down €7,176 (-83.3%), from €8,615 to €1,439
- Gross operating margin +€48,543
up €48,543 (+79.1%), from €61,371 to €109,914
- Taxes +€18,134
up €18,134 (+486.2%), from €3,730 to €21,864
- Depreciation -€18,090
down €18,090 (-75.6%), from €23,938 to €5,847
- Staff costs +€8,533
new in 2025: €8,533
- Other operating charges +€1,620
up €1,620 (+66.5%), from €2,434 to €4,054
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 | €341,760 | €158,958 | -€182,802 | -53.5% |
| Fixed assets | 21/28 | €332,944 | €27,603 | -€305,341 | -91.7% |
| Tangible fixed assets | 22/27 | €332,944 | €27,603 | -€305,341 | -91.7% |
| Land and buildings | 22 | €306,782 | €0 | -€306,782 | -100.0% |
| Plant, machinery and equipment | 23 | €496 | €9,491 | +€8,995 | +1812.7% |
| Furniture and vehicles | 24 | €5,666 | €18,112 | +€12,446 | +219.7% |
| Other tangible fixed assets | 26 | €20,000 | €0 | -€20,000 | -100.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €8,816 | €131,355 | +€122,539 | +1389.9% |
| Amounts receivable within one year | 40/41 | €2,893 | €110,519 | +€107,626 | +3720.1% |
| Trade receivables | 40 | €1,101 | €0 | -€1,101 | -100.0% |
| Other amounts receivable | 41 | €1,793 | €110,519 | +€108,726 | +6065.3% |
| Cash at bank and in hand | 54/58 | €4,974 | €20,002 | +€15,029 | +302.2% |
| Deferred charges and accrued income | 490/1 | €950 | €834 | -€115 | -12.2% |
| Total equity and liabilities | 10/49 | €341,760 | €158,958 | -€182,802 | -53.5% |
| Equity | 10/15 | €52,903 | €74,700 | +€21,797 | +41.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,903 | €24,700 | +€21,797 | +750.9% |
| Amounts payable | 17/49 | €288,857 | €84,258 | -€204,599 | -70.8% |
| Amounts payable after more than one year | 17 | €255,315 | €20,974 | -€234,341 | -91.8% |
| Financial debts | 170/4 | €255,315 | €20,974 | -€234,341 | -91.8% |
| Amounts payable within one year | 42/48 | €33,542 | €63,284 | +€29,742 | +88.7% |
| Current portion of amounts payable after more than one year | 42 | €16,707 | €6,980 | -€9,726 | -58.2% |
| Financial debts | 43 | €0 | €0 | -€0 | -100.0% |
| Credit institutions | 430/8 | €0 | €0 | -€0 | -100.0% |
| Trade debts | 44 | €8,615 | €1,439 | -€7,176 | -83.3% |
| Suppliers | 440/4 | €8,615 | €1,439 | -€7,176 | -83.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,373 | €12,865 | +€5,492 | +74.5% |
| Taxes | 450/3 | €7,373 | €12,865 | +€5,492 | +74.5% |
| Other amounts payable | 47/48 | €847 | €42,000 | +€41,153 | +4856.1% |
| Remuneration, social security and pensions | 62 | - | €8,533 | +€8,533 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,938 | €5,847 | -€18,090 | -75.6% |
| Other operating charges | 640/8 | €2,434 | €4,054 | +€1,620 | +66.5% |
| Gross operating margin | 9900 | €61,371 | €109,914 | +€48,543 | +79.1% |
| Operating profit (loss) | 9901 | €34,999 | €91,479 | +€56,480 | +161.4% |
| Financial income | 75/76B | €210 | €206 | -€3 | -1.6% |
| Recurring financial income | 75 | €210 | €206 | -€3 | -1.6% |
| Financial charges | 65/66B | €7,514 | €6,024 | -€1,490 | -19.8% |
| Recurring financial charges | 65 | €7,514 | €6,024 | -€1,490 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €27,694 | €85,662 | +€57,967 | +209.3% |
| Income taxes | 67/77 | €3,730 | €21,864 | +€18,134 | +486.2% |
| Profit (loss) for the period | 9904 | €23,964 | €63,797 | +€39,833 | +166.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,964 | €63,797 | +€39,833 | +166.2% |
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.