FV-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.
FV-Service
Largest movements
- Tangible fixed assets -€42,726
down €42,726 (-50.5%), from €84,587 to €41,861
of which Furniture and vehicles: -€41,324
- Cash +€25,351
up €25,351 (+69.6%), from €36,426 to €61,777
mainly Depreciation (+€22,037) and Investment in fixed assets (net) (+€20,689)
- Receivables within one year +€11,722
up €11,722 (+35.8%), from €32,727 to €44,450
of which Trade receivables: +€11,359
- Trade debts -€3,691
down €3,691 (-16.9%), from €21,902 to €18,211
- Profit (loss) carried forward -€3,661
new in 2025: -€3,661
- Other debts +€2,611
up €2,611 (+1.8%), from €147,335 to €149,946
- Other operating charges +€11,511
up €11,511 (+762%), from €1,512 to €13,023
- Depreciation -€7,676
down €7,676 (-25.8%), from €29,713 to €22,037
- Gross operating margin +€3,819
up €3,819 (+14.7%), from €26,060 to €29,879
- Write-downs -€1,488
no longer reported in 2025 (was €1,488)
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 | €221,708 | €215,017 | -€6,690 | -3.0% |
| Fixed assets | 21/28 | €84,587 | €41,861 | -€42,726 | -50.5% |
| Tangible fixed assets | 22/27 | €84,587 | €41,861 | -€42,726 | -50.5% |
| Plant, machinery and equipment | 23 | €4,118 | €2,716 | -€1,402 | -34.0% |
| Furniture and vehicles | 24 | €80,469 | €39,145 | -€41,324 | -51.4% |
| Current assets | 29/58 | €137,120 | €173,156 | +€36,036 | +26.3% |
| Stocks and contracts in progress | 3 | €64,760 | €64,760 | = | 0.0% |
| Stocks | 30/36 | €64,760 | €64,760 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,727 | €44,450 | +€11,722 | +35.8% |
| Trade receivables | 40 | €32,174 | €43,533 | +€11,359 | +35.3% |
| Other amounts receivable | 41 | €554 | €917 | +€363 | +65.6% |
| Cash at bank and in hand | 54/58 | €36,426 | €61,777 | +€25,351 | +69.6% |
| Deferred charges and accrued income | 490/1 | €3,207 | €2,169 | -€1,037 | -32.3% |
| Total equity and liabilities | 10/49 | €221,708 | €215,017 | -€6,690 | -3.0% |
| Equity | 10/15 | €51,929 | €46,339 | -€5,591 | -10.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,929 | - | -€1,929 | |
| Distributable reserves | 133 | €1,929 | - | -€1,929 | |
| Profit (loss) carried forward | 14 | - | -€3,661 | -€3,661 | |
| Amounts payable | 17/49 | €169,778 | €168,679 | -€1,100 | -0.6% |
| Amounts payable within one year | 42/48 | €169,778 | €168,679 | -€1,100 | -0.6% |
| Trade debts | 44 | €21,902 | €18,211 | -€3,691 | -16.9% |
| Suppliers | 440/4 | €21,902 | €18,211 | -€3,691 | -16.9% |
| Taxes, remuneration and social security | 45 | €541 | €521 | -€19 | -3.6% |
| Taxes | 450/3 | €541 | €521 | -€19 | -3.6% |
| Other amounts payable | 47/48 | €147,335 | €149,946 | +€2,611 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,713 | €22,037 | -€7,676 | -25.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,488 | - | -€1,488 | |
| Other operating charges | 640/8 | €1,512 | €13,023 | +€11,511 | +762% |
| Gross operating margin | 9900 | €26,060 | €29,879 | +€3,819 | +14.7% |
| Operating profit (loss) | 9901 | -€6,652 | -€5,181 | +€1,471 | +22.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €225 | €230 | +€4 | +1.8% |
| Recurring financial charges | 65 | €225 | €230 | +€4 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,878 | -€5,411 | +€1,467 | +21.3% |
| Income taxes | 67/77 | €194 | €180 | -€14 | -7.3% |
| Profit (loss) for the period | 9904 | -€7,072 | -€5,591 | +€1,481 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,072 | -€5,591 | +€1,481 | +20.9% |
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 31 October 2026 via checked.be.