FULL TIME 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.
FULL TIME SERVICE
Largest movements
- Receivables within one year -€99,221
down €99,221 (-69.6%), from €142,520 to €43,300
of which Trade receivables: -€102,134
- Deferred charges and accrued income +€85,138
new in 2025: €85,138
- Cash +€29,711
new in 2025: €29,711
mainly Advances received (+€211,354) and Receivables within one year (+€99,221)
- Stocks and contracts -€14,634
down €14,634 (-4.7%), from €310,625 to €295,990
- Advances received +€211,354
new in 2025: €211,354
- Trade debts -€173,503
down €173,503 (-60.7%), from €285,976 to €112,473
- Other debts -€24,100
down €24,100 (-78.0%), from €30,897 to €6,797
- Short-term financial debts -€12,733
no longer reported in 2025 (was €12,733)
- Staff costs +€15,961
up €15,961 (+27.6%), from €57,875 to €73,836
- Gross operating margin +€6,418
up €6,418 (+6.8%), from €94,482 to €100,899
- Taxes -€4,798
down €4,798 (-55.5%), from €8,648 to €3,850
- Depreciation +€1,913
new in 2025: €1,913
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 | €470,682 | €473,023 | +€2,341 | +0.5% |
| Fixed assets | 21/28 | €17,537 | €18,885 | +€1,348 | +7.7% |
| Financial fixed assets | 28 | €17,537 | €18,885 | +€1,348 | +7.7% |
| Current assets | 29/58 | €453,145 | €454,138 | +€994 | +0.2% |
| Stocks and contracts in progress | 3 | €310,625 | €295,990 | -€14,634 | -4.7% |
| Contracts in progress | 37 | €310,625 | €295,990 | -€14,634 | -4.7% |
| Amounts receivable within one year | 40/41 | €142,520 | €43,300 | -€99,221 | -69.6% |
| Trade receivables | 40 | €139,799 | €37,665 | -€102,134 | -73.1% |
| Other amounts receivable | 41 | €2,721 | €5,634 | +€2,913 | +107% |
| Cash at bank and in hand | 54/58 | - | €29,711 | +€29,711 | |
| Deferred charges and accrued income | 490/1 | - | €85,138 | +€85,138 | |
| Total equity and liabilities | 10/49 | €470,682 | €473,023 | +€2,341 | +0.5% |
| Equity | 10/15 | €128,666 | €129,818 | +€1,153 | +0.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 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% |
| Profit (loss) carried forward | 14 | €108,215 | €109,367 | +€1,153 | +1.1% |
| Amounts payable | 17/49 | €342,016 | €343,205 | +€1,189 | +0.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €342,016 | €343,205 | +€1,189 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €12,733 | - | -€12,733 | |
| Credit institutions | 430/8 | €12,733 | - | -€12,733 | |
| Trade debts | 44 | €285,976 | €112,473 | -€173,503 | -60.7% |
| Suppliers | 440/4 | €285,976 | €112,473 | -€173,503 | -60.7% |
| Advances received on contracts in progress | 46 | - | €211,354 | +€211,354 | |
| Taxes, remuneration and social security | 45 | €12,411 | €12,580 | +€169 | +1.4% |
| Taxes | 450/3 | €3,848 | - | -€3,848 | |
| Remuneration and social security | 454/9 | €8,562 | €12,580 | +€4,018 | +46.9% |
| Other amounts payable | 47/48 | €30,897 | €6,797 | -€24,100 | -78.0% |
| Remuneration, social security and pensions | 62 | €57,875 | €73,836 | +€15,961 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,913 | +€1,913 | |
| Other operating charges | 640/8 | €1,362 | €487 | -€875 | -64.2% |
| Non-recurring operating charges | 66A | €763 | - | -€763 | |
| Gross operating margin | 9900 | €94,482 | €100,899 | +€6,418 | +6.8% |
| Operating profit (loss) | 9901 | €34,482 | €24,664 | -€9,818 | -28.5% |
| Financial charges | 65/66B | €19,986 | €19,661 | -€325 | -1.6% |
| Recurring financial charges | 65 | €19,986 | €19,661 | -€325 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €14,496 | €5,003 | -€9,493 | -65.5% |
| Income taxes | 67/77 | €8,648 | €3,850 | -€4,798 | -55.5% |
| Profit (loss) for the period | 9904 | €5,848 | €1,153 | -€4,696 | -80.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,848 | €1,153 | -€4,696 | -80.3% |
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 25 October 2026 via checked.be.