N 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.
N SERVICE
Largest movements
- Cash +€69,106
up €69,106 (+72.6%), from €95,206 to €164,312
mainly Net result for the year (+€108,627) and Tax, wage and social debts (+€23,338)
- Tangible fixed assets +€63,987
up €63,987 (+1,731%), from €3,697 to €67,683
- Receivables within one year +€2,824
up €2,824 (+13.6%), from €20,797 to €23,621
of which Other amounts receivable: +€2,515
- Reserves +€108,627
up €108,627 (+136%), from €80,147 to €188,774
- Tax, wage and social debts +€23,338
up €23,338 (+75.5%), from €30,918 to €54,256
of which Taxes: +€21,338
- Other debts +€4,857
up €4,857 (+64.4%), from €7,541 to €12,398
- Gross operating margin +€51,880
up €51,880 (+50.8%), from €102,058 to €153,938
- Depreciation +€13,819
up €13,819 (+2,858%), from €483 to €14,302
- Taxes +€9,105
up €9,105 (+43.7%), from €20,825 to €29,930
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 | €119,700 | €255,617 | +€135,918 | +114% |
| Fixed assets | 21/28 | €3,697 | €67,683 | +€63,987 | +1,731% |
| Tangible fixed assets | 22/27 | €3,697 | €67,683 | +€63,987 | +1,731% |
| Furniture and vehicles | 24 | €3,697 | €67,683 | +€63,987 | +1,731% |
| Current assets | 29/58 | €116,003 | €187,934 | +€71,931 | +62.0% |
| Amounts receivable within one year | 40/41 | €20,797 | €23,621 | +€2,824 | +13.6% |
| Trade receivables | 40 | €20,797 | €21,106 | +€309 | +1.5% |
| Other amounts receivable | 41 | - | €2,515 | +€2,515 | |
| Cash at bank and in hand | 54/58 | €95,206 | €164,312 | +€69,106 | +72.6% |
| Total equity and liabilities | 10/49 | €119,700 | €255,617 | +€135,918 | +114% |
| Equity | 10/15 | €80,147 | €188,774 | +€108,627 | +136% |
| Reserves | 13 | €80,147 | €188,774 | +€108,627 | +136% |
| Distributable reserves | 133 | €80,147 | €188,774 | +€108,627 | +136% |
| Amounts payable | 17/49 | €39,553 | €66,844 | +€27,291 | +69.0% |
| Amounts payable within one year | 42/48 | €39,553 | €66,844 | +€27,291 | +69.0% |
| Trade debts | 44 | €1,095 | €190 | -€905 | -82.6% |
| Suppliers | 440/4 | €1,095 | €190 | -€905 | -82.6% |
| Taxes, remuneration and social security | 45 | €30,918 | €54,256 | +€23,338 | +75.5% |
| Taxes | 450/3 | €30,918 | €52,256 | +€21,338 | +69.0% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €7,541 | €12,398 | +€4,857 | +64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €483 | €14,302 | +€13,819 | +2,858% |
| Other operating charges | 640/8 | €507 | €852 | +€344 | +67.8% |
| Gross operating margin | 9900 | €102,058 | €153,938 | +€51,880 | +50.8% |
| Operating profit (loss) | 9901 | €101,067 | €138,784 | +€37,717 | +37.3% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €95 | €257 | +€162 | +171% |
| Recurring financial charges | 65 | €95 | €257 | +€162 | +171% |
| Profit (loss) for the period before taxes | 9903 | €100,972 | €138,557 | +€37,585 | +37.2% |
| Income taxes | 67/77 | €20,825 | €29,930 | +€9,105 | +43.7% |
| Profit (loss) for the period | 9904 | €80,147 | €108,627 | +€28,480 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €80,147 | €108,627 | +€28,480 | +35.5% |
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 19 October 2026 via checked.be.