GOOD 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.
GOOD SERVICES
Largest movements
- Receivables within one year +€83,128
up €83,128 (+226%), from €36,842 to €119,970
of which Trade receivables: +€67,878
- Tangible fixed assets -€17,823
down €17,823 (-32.5%), from €54,918 to €37,095
of which Furniture and vehicles: -€16,800
- Cash -€4,723
down €4,723 (-76.5%), from €6,171 to €1,448
mainly Receivables within one year (-€83,128) and Debts after one year (-€21,914)
- Profit (loss) carried forward +€52,372
up €52,372 (+291%), from €17,998 to €70,370
- Debts after one year -€21,914
down €21,914 (-89.2%), from €24,562 to €2,648
- Tax, wage and social debts +€21,495
new in 2025: €21,495
of which Taxes: +€12,934
- Short-term financial debts -€13,659
down €13,659 (-45.6%), from €29,986 to €16,327
- Trade debts +€12,789
up €12,789 (+72.0%), from €17,754 to €30,543
- Gross operating margin +€76,079
up €76,079 (+140%), from €54,206 to €130,285
- Taxes +€21,775
new in 2025: €21,775
- Staff costs +€21,679
new in 2025: €21,679
- Other operating charges +€3,871
up €3,871 (+159%), from €2,434 to €6,305
- Depreciation -€1,795
down €1,795 (-8.2%), from €21,817 to €20,022
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 | €98,360 | €159,345 | +€60,985 | +62.0% |
| Fixed assets | 21/28 | €54,918 | €37,095 | -€17,823 | -32.5% |
| Tangible fixed assets | 22/27 | €54,918 | €37,095 | -€17,823 | -32.5% |
| Plant, machinery and equipment | 23 | €1,889 | €866 | -€1,023 | -54.2% |
| Furniture and vehicles | 24 | €53,029 | €36,229 | -€16,800 | -31.7% |
| Current assets | 29/58 | €43,442 | €122,250 | +€78,808 | +181% |
| Amounts receivable within one year | 40/41 | €36,842 | €119,970 | +€83,128 | +226% |
| Trade receivables | 40 | €33,905 | €101,783 | +€67,878 | +200% |
| Other amounts receivable | 41 | €2,937 | €18,187 | +€15,250 | +519% |
| Cash at bank and in hand | 54/58 | €6,171 | €1,448 | -€4,723 | -76.5% |
| Deferred charges and accrued income | 490/1 | €429 | €832 | +€403 | +93.9% |
| Total equity and liabilities | 10/49 | €98,360 | €159,345 | +€60,985 | +62.0% |
| Equity | 10/15 | €26,058 | €78,430 | +€52,372 | +201% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,998 | €70,370 | +€52,372 | +291% |
| Amounts payable | 17/49 | €72,302 | €80,915 | +€8,613 | +11.9% |
| Amounts payable after more than one year | 17 | €24,562 | €2,648 | -€21,914 | -89.2% |
| Financial debts | 170/4 | €24,562 | €2,648 | -€21,914 | -89.2% |
| Amounts payable within one year | 42/48 | €47,740 | €78,267 | +€30,527 | +63.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,418 | +€9,418 | |
| Financial debts | 43 | €29,986 | €16,327 | -€13,659 | -45.6% |
| Credit institutions | 430/8 | €29,986 | €16,327 | -€13,659 | -45.6% |
| Trade debts | 44 | €17,754 | €30,543 | +€12,789 | +72.0% |
| Suppliers | 440/4 | €17,754 | €30,543 | +€12,789 | +72.0% |
| Taxes, remuneration and social security | 45 | - | €21,495 | +€21,495 | |
| Taxes | 450/3 | - | €12,934 | +€12,934 | |
| Remuneration and social security | 454/9 | - | €8,561 | +€8,561 | |
| Other amounts payable | 47/48 | - | €484 | +€484 | |
| Remuneration, social security and pensions | 62 | - | €21,679 | +€21,679 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,817 | €20,022 | -€1,795 | -8.2% |
| Other operating charges | 640/8 | €2,434 | €6,305 | +€3,871 | +159% |
| Non-recurring operating charges | 66A | - | €106 | +€106 | |
| Gross operating margin | 9900 | €54,206 | €130,285 | +€76,079 | +140% |
| Operating profit (loss) | 9901 | €29,955 | €82,173 | +€52,218 | +174% |
| Financial charges | 65/66B | €6,710 | €8,026 | +€1,316 | +19.6% |
| Recurring financial charges | 65 | €6,710 | €8,026 | +€1,316 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €23,245 | €74,147 | +€50,902 | +219% |
| Income taxes | 67/77 | - | €21,775 | +€21,775 | |
| Profit (loss) for the period | 9904 | €23,245 | €52,372 | +€29,127 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €23,245 | €52,372 | +€29,127 | +125% |
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 30 October 2026 via checked.be.