INTERNATIONAL EXPORT AND SERVICES: what changed
INTERNATIONAL EXPORT AND SERVICES
Largest movements
- Cash +€10,283
up €10,283 (+89.5%), from €11,483 to €21,765
mainly Net result for the year (+€7,750) and Receivables within one year (+€2,497)
- Receivables within one year -€2,497
down €2,497 (-26.8%), from €9,320 to €6,823
of which Trade receivables: -€1,597
- Deferred charges and accrued income +€380
up €380 (+1,192%), from €32 to €412
- Profit (loss) carried forward +€7,750
up €7,750 (+61.6%), from -€12,582 to -€4,832
- Other debts +€2,318
up €2,318 (+1,021%), from €227 to €2,545
- Tax, wage and social debts +€1,156
up €1,156 (+675%), from €171 to €1,327
- Trade debts -€1,155
down €1,155 (-26.6%), from €4,348 to €3,193
- Debts after one year -€1,040
no longer reported in 2025 (was €1,040)
- Gross operating margin -€5,970
down €5,970 (-31.1%), from €19,178 to €13,207
- Taxes +€1,003
up €1,003 (+628%), from €160 to €1,163
- Depreciation -€946
down €946 (-38.5%), from €2,460 to €1,514
- Financial charges +€612
up €612 (+53.9%), from €1,136 to €1,748
- Other operating charges -€241
down €241 (-17.7%), from €1,362 to €1,121
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,333 | €32,703 | +€8,370 | +34.4% |
| Fixed assets | 21/28 | €3,499 | €3,703 | +€204 | +5.8% |
| Tangible fixed assets | 22/27 | €3,499 | €3,703 | +€204 | +5.8% |
| Plant, machinery and equipment | 23 | €2,982 | €1,988 | -€994 | -33.3% |
| Furniture and vehicles | 24 | €517 | €1,715 | +€1,198 | +232% |
| Current assets | 29/58 | €20,834 | €29,000 | +€8,166 | +39.2% |
| Amounts receivable within one year | 40/41 | €9,320 | €6,823 | -€2,497 | -26.8% |
| Trade receivables | 40 | €8,273 | €6,676 | -€1,597 | -19.3% |
| Other amounts receivable | 41 | €1,047 | €147 | -€900 | -86.0% |
| Cash at bank and in hand | 54/58 | €11,483 | €21,765 | +€10,283 | +89.5% |
| Deferred charges and accrued income | 490/1 | €32 | €412 | +€380 | +1,192% |
| Total equity and liabilities | 10/49 | €24,333 | €32,703 | +€8,370 | +34.4% |
| Equity | 10/15 | €16,848 | €24,598 | +€7,750 | +46.0% |
| Contributions | 10/11 | €27,888 | €27,888 | = | 0.0% |
| Reserves | 13 | €1,542 | €1,542 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,542 | €1,542 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,542 | €1,542 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,582 | -€4,832 | +€7,750 | +61.6% |
| Amounts payable | 17/49 | €7,485 | €8,106 | +€621 | +8.3% |
| Amounts payable after more than one year | 17 | €1,040 | - | -€1,040 | |
| Financial debts | 170/4 | €1,040 | - | -€1,040 | |
| Amounts payable within one year | 42/48 | €6,445 | €8,106 | +€1,661 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €1,698 | €1,040 | -€658 | -38.7% |
| Trade debts | 44 | €4,348 | €3,193 | -€1,155 | -26.6% |
| Suppliers | 440/4 | €4,348 | €3,193 | -€1,155 | -26.6% |
| Taxes, remuneration and social security | 45 | €171 | €1,327 | +€1,156 | +675% |
| Taxes | 450/3 | €171 | €1,327 | +€1,156 | +675% |
| Other amounts payable | 47/48 | €227 | €2,545 | +€2,318 | +1,021% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,460 | €1,514 | -€946 | -38.5% |
| Other operating charges | 640/8 | €1,362 | €1,121 | -€241 | -17.7% |
| Gross operating margin | 9900 | €19,178 | €13,207 | -€5,970 | -31.1% |
| Operating profit (loss) | 9901 | €15,356 | €10,573 | -€4,783 | -31.1% |
| Financial income | 75/76B | €50 | €88 | +€38 | +76.0% |
| Recurring financial income | 75 | €50 | €88 | +€38 | +76.0% |
| Financial charges | 65/66B | €1,136 | €1,748 | +€612 | +53.9% |
| Recurring financial charges | 65 | €1,136 | €1,748 | +€612 | +53.9% |
| Profit (loss) for the period before taxes | 9903 | €14,269 | €8,912 | -€5,357 | -37.5% |
| Income taxes | 67/77 | €160 | €1,163 | +€1,003 | +628% |
| Profit (loss) for the period | 9904 | €14,110 | €7,750 | -€6,360 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,110 | €7,750 | -€6,360 | -45.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.