Human and technical services: what changed
Two fiscal 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.
Human and technical services
Largest movements
- Receivables within one year +€7,386
up €7,386 (+165.2%), from €4,471 to €11,857
of which Trade receivables: +€8,293
- Cash -€6,964
no longer reported in 2025 (was €6,964)
mainly Debts after one year (-€29,540) and Investment in fixed assets (net) (-€18,228)
- Debts after one year -€29,540
down €29,540 (-21.0%), from €140,696 to €111,155
- Other debts +€10,310
up €10,310 (+65.8%), from €15,659 to €25,969
- Reserves +€9,985
up €9,985 (+16.9%), from €59,166 to €69,152
of which Distributable reserves: +€9,985
- Trade debts +€5,571
up €5,571 (+129.7%), from €4,294 to €9,865
- Tax, wage and social debts +€3,131
up €3,131 (+338.2%), from €926 to €4,056
- Gross operating margin +€4,187
up €4,187 (+10.5%), from €40,051 to €44,238
- Taxes +€2,368
up €2,368 (+148.6%), from €1,593 to €3,962
- Depreciation -€2,048
down €2,048 (-9.1%), from €22,475 to €20,427
- Financial charges -€1,628
down €1,628 (-16.6%), from €9,818 to €8,190
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 | €297,225 | €296,783 | -€442 | -0.1% |
| Fixed assets | 21/28 | €281,275 | €279,076 | -€2,199 | -0.8% |
| Tangible fixed assets | 22/27 | €281,275 | €279,076 | -€2,199 | -0.8% |
| Land and buildings | 22 | €224,620 | €213,960 | -€10,660 | -4.7% |
| Plant, machinery and equipment | 23 | €51,722 | €60,783 | +€9,061 | +17.5% |
| Furniture and vehicles | 24 | €4,933 | €3,776 | -€1,158 | -23.5% |
| Other tangible fixed assets | 26 | - | €558 | +€558 | |
| Current assets | 29/58 | €15,949 | €17,707 | +€1,757 | +11.0% |
| Amounts receivable within one year | 40/41 | €4,471 | €11,857 | +€7,386 | +165.2% |
| Trade receivables | 40 | €3,565 | €11,857 | +€8,293 | +232.6% |
| Other amounts receivable | 41 | €907 | - | -€907 | |
| Cash at bank and in hand | 54/58 | €6,964 | - | -€6,964 | |
| Deferred charges and accrued income | 490/1 | €4,514 | €5,849 | +€1,335 | +29.6% |
| Total equity and liabilities | 10/49 | €297,225 | €296,783 | -€442 | -0.1% |
| Equity | 10/15 | €105,766 | €115,752 | +€9,985 | +9.4% |
| Contributions | 10/11 | €46,600 | €46,600 | = | 0.0% |
| Reserves | 13 | €59,166 | €69,152 | +€9,985 | +16.9% |
| Non-distributable reserves | 130/1 | €900 | €900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €900 | €900 | = | 0.0% |
| Distributable reserves | 133 | €58,266 | €68,251 | +€9,985 | +17.1% |
| Amounts payable | 17/49 | €191,458 | €181,031 | -€10,427 | -5.4% |
| Amounts payable after more than one year | 17 | €140,696 | €111,155 | -€29,540 | -21.0% |
| Financial debts | 170/4 | €140,696 | €111,155 | -€29,540 | -21.0% |
| Amounts payable within one year | 42/48 | €49,633 | €69,462 | +€19,829 | +40.0% |
| Current portion of amounts payable after more than one year | 42 | €28,189 | €29,572 | +€1,383 | +4.9% |
| Trade debts | 44 | €4,294 | €9,865 | +€5,571 | +129.7% |
| Suppliers | 440/4 | €4,294 | €9,865 | +€5,571 | +129.7% |
| Advances received on contracts in progress | 46 | €566 | - | -€566 | |
| Taxes, remuneration and social security | 45 | €926 | €4,056 | +€3,131 | +338.2% |
| Taxes | 450/3 | €926 | €4,056 | +€3,131 | +338.2% |
| Other amounts payable | 47/48 | €15,659 | €25,969 | +€10,310 | +65.8% |
| Accrued charges and deferred income | 492/3 | €1,130 | €414 | -€716 | -63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,475 | €20,427 | -€2,048 | -9.1% |
| Other operating charges | 640/8 | €1,663 | €1,675 | +€11 | +0.7% |
| Gross operating margin | 9900 | €40,051 | €44,238 | +€4,187 | +10.5% |
| Operating profit (loss) | 9901 | €15,912 | €22,136 | +€6,224 | +39.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €9,818 | €8,190 | -€1,628 | -16.6% |
| Recurring financial charges | 65 | €9,818 | €8,190 | -€1,628 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €6,094 | €13,947 | +€7,852 | +128.8% |
| Income taxes | 67/77 | €1,593 | €3,962 | +€2,368 | +148.6% |
| Profit (loss) for the period | 9904 | €4,501 | €9,985 | +€5,484 | +121.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,501 | €9,985 | +€5,484 | +121.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.