NORD - SUD SERVICES: what changed
NORD - SUD SERVICES
Largest movements
- Cash -€32,940
down €32,940 (-16.0%), from €205,660 to €172,720
mainly Tax, wage and social debts (-€20,158) and Net result for the year (-€15,058)
- Receivables within one year +€13,895
up €13,895 (+17.3%), from €80,545 to €94,440
- Stocks and contracts +€10,252
up €10,252 (+3.9%), from €265,289 to €275,541
- Trade debts +€31,859
up €31,859 (+27.5%), from €115,930 to €147,789
- Tax, wage and social debts -€20,158
down €20,158 (-47.1%), from €42,795 to €22,637
of which Taxes: -€16,638
- Profit (loss) carried forward -€15,058
down €15,058 (-5.8%), from €258,019 to €242,961
- Gross operating margin -€112,136
down €112,136, from €90,243 to -€21,893
- Staff costs -€31,236
down €31,236, from €27,716 to -€3,520
- Taxes -€5,923
down €5,923 (-149%), from -€3,986 to -€9,909
- Other operating charges -€1,734
down €1,734 (-32.3%), from €5,375 to €3,641
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 | €555,041 | €551,531 | -€3,510 | -0.6% |
| Fixed assets | 21/28 | €868 | €868 | = | 0.0% |
| Financial fixed assets | 28 | €868 | €868 | = | 0.0% |
| Current assets | 29/58 | €554,173 | €550,663 | -€3,510 | -0.6% |
| Stocks and contracts in progress | 3 | €265,289 | €275,541 | +€10,252 | +3.9% |
| Stocks | 30/36 | €265,289 | €275,541 | +€10,252 | +3.9% |
| Amounts receivable within one year | 40/41 | €80,545 | €94,440 | +€13,895 | +17.3% |
| Trade receivables | 40 | €80,545 | €94,440 | +€13,895 | +17.3% |
| Cash at bank and in hand | 54/58 | €205,660 | €172,720 | -€32,940 | -16.0% |
| Deferred charges and accrued income | 490/1 | €2,679 | €7,962 | +€5,283 | +197% |
| Total equity and liabilities | 10/49 | €555,041 | €551,531 | -€3,510 | -0.6% |
| Equity | 10/15 | €396,163 | €381,105 | -€15,058 | -3.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €132,144 | €132,144 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,600 | €5,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,600 | €5,600 | = | 0.0% |
| Distributable reserves | 133 | €126,544 | €126,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258,019 | €242,961 | -€15,058 | -5.8% |
| Amounts payable | 17/49 | €158,878 | €170,426 | +€11,548 | +7.3% |
| Amounts payable within one year | 42/48 | €158,878 | €170,426 | +€11,548 | +7.3% |
| Trade debts | 44 | €115,930 | €147,789 | +€31,859 | +27.5% |
| Suppliers | 440/4 | €115,930 | €147,789 | +€31,859 | +27.5% |
| Taxes, remuneration and social security | 45 | €42,795 | €22,637 | -€20,158 | -47.1% |
| Taxes | 450/3 | €38,859 | €22,221 | -€16,638 | -42.8% |
| Remuneration and social security | 454/9 | €3,936 | €416 | -€3,520 | -89.4% |
| Other amounts payable | 47/48 | €153 | - | -€153 | |
| Remuneration, social security and pensions | 62 | €27,716 | -€3,520 | -€31,236 | |
| Other operating charges | 640/8 | €5,375 | €3,641 | -€1,734 | -32.3% |
| Gross operating margin | 9900 | €90,243 | -€21,893 | -€112,136 | |
| Operating profit (loss) | 9901 | €57,152 | -€22,014 | -€79,166 | |
| Financial charges | 65/66B | €2,482 | €2,953 | +€471 | +19.0% |
| Recurring financial charges | 65 | €2,482 | €2,953 | +€471 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €54,670 | -€24,967 | -€79,637 | |
| Income taxes | 67/77 | -€3,986 | -€9,909 | -€5,923 | -149% |
| Profit (loss) for the period | 9904 | €58,656 | -€15,058 | -€73,714 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,656 | -€15,058 | -€73,714 |
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 8 November 2026 via checked.be.