P & S 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.
P & S Services
Largest movements
- Tangible fixed assets +€26,176
up €26,176 (+113%), from €23,223 to €49,400
of which Furniture and vehicles: +€26,572
- Receivables within one year +€2,405
up €2,405 (+126%), from €1,907 to €4,312
of which Trade receivables: +€1,920
- Deferred charges and accrued income +€1,080
new in 2025: €1,080
- Cash -€702
down €702 (-14.4%), from €4,885 to €4,183
mainly Investment in fixed assets (net) (-€44,386) and Tax, wage and social debts (-€9,360)
- Other debts +€55,175
up €55,175 (+328%), from €16,828 to €72,004
- Tax, wage and social debts -€9,360
no longer reported in 2025 (was €9,360)
- Profit (loss) carried forward -€8,264
down €8,264 (-25.4%), from -€32,535 to -€40,799
- Debts after one year -€7,945
no longer reported in 2025 (was €7,945)
- Current portion of long-term debt -€1,592
down €1,592 (-16.7%), from €9,537 to €7,945
- Gross operating margin +€11,807
up €11,807, from -€444 to €11,363
- Depreciation +€7,435
up €7,435 (+69.0%), from €10,775 to €18,210
- Other operating charges +€237
up €237 (+25.1%), from €946 to €1,183
- Financial charges -€132
down €132 (-36.0%), from €366 to €234
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 | €30,016 | €58,974 | +€28,959 | +96.5% |
| Fixed assets | 21/28 | €23,223 | €49,400 | +€26,176 | +113% |
| Tangible fixed assets | 22/27 | €23,223 | €49,400 | +€26,176 | +113% |
| Plant, machinery and equipment | 23 | €3,687 | €3,544 | -€143 | -3.9% |
| Furniture and vehicles | 24 | €18,778 | €45,351 | +€26,572 | +142% |
| Other tangible fixed assets | 26 | €758 | €505 | -€253 | -33.3% |
| Current assets | 29/58 | €6,792 | €9,574 | +€2,782 | +41.0% |
| Amounts receivable within one year | 40/41 | €1,907 | €4,312 | +€2,405 | +126% |
| Trade receivables | 40 | €1,395 | €3,315 | +€1,920 | +138% |
| Other amounts receivable | 41 | €512 | €997 | +€484 | +94.5% |
| Cash at bank and in hand | 54/58 | €4,885 | €4,183 | -€702 | -14.4% |
| Deferred charges and accrued income | 490/1 | - | €1,080 | +€1,080 | |
| Total equity and liabilities | 10/49 | €30,016 | €58,974 | +€28,959 | +96.5% |
| Equity | 10/15 | -€13,865 | -€22,129 | -€8,264 | -59.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70 | €70 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70 | €70 | = | 0.0% |
| Reserves not available under the articles | 1311 | €70 | €70 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,535 | -€40,799 | -€8,264 | -25.4% |
| Amounts payable | 17/49 | €43,880 | €81,103 | +€37,223 | +84.8% |
| Amounts payable after more than one year | 17 | €7,945 | - | -€7,945 | |
| Financial debts | 170/4 | €7,945 | - | -€7,945 | |
| Amounts payable within one year | 42/48 | €35,725 | €80,703 | +€44,978 | +126% |
| Current portion of amounts payable after more than one year | 42 | €9,537 | €7,945 | -€1,592 | -16.7% |
| Trade debts | 44 | - | €755 | +€755 | |
| Suppliers | 440/4 | - | €755 | +€755 | |
| Taxes, remuneration and social security | 45 | €9,360 | - | -€9,360 | |
| Remuneration and social security | 454/9 | €9,360 | - | -€9,360 | |
| Other amounts payable | 47/48 | €16,828 | €72,004 | +€55,175 | +328% |
| Accrued charges and deferred income | 492/3 | €211 | €400 | +€189 | +89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,775 | €18,210 | +€7,435 | +69.0% |
| Other operating charges | 640/8 | €946 | €1,183 | +€237 | +25.1% |
| Gross operating margin | 9900 | -€444 | €11,363 | +€11,807 | |
| Operating profit (loss) | 9901 | -€12,165 | -€8,030 | +€4,135 | +34.0% |
| Financial charges | 65/66B | €366 | €234 | -€132 | -36.0% |
| Recurring financial charges | 65 | €366 | €234 | -€132 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,531 | -€8,264 | +€4,267 | +34.1% |
| Profit (loss) for the period | 9904 | -€12,531 | -€8,264 | +€4,267 | +34.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,531 | -€8,264 | +€4,267 | +34.1% |
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 17 October 2026 via checked.be.