PayServices: 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.
PayServices
Largest movements
- Receivables after one year +€25,700
up €25,700 (+26.6%), from €96,623 to €122,323
- Receivables within one year -€23,218
down €23,218 (-79.8%), from €29,084 to €5,867
- Cash -€8,734
no longer reported in 2025 (was €8,734)
mainly Receivables after one year (-€25,700) and Other debts (-€18,126)
- Other debts -€18,126
down €18,126 (-23.8%), from €76,260 to €58,134
- Short-term financial debts +€6,045
new in 2025: €6,045
- Profit (loss) carried forward -€5,045
down €5,045 (-4.0%), from -€125,692 to -€130,737
- Trade debts +€4,097
up €4,097 (+22.1%), from €18,500 to €22,596
- Tax, wage and social debts +€3,553
up €3,553 (+80.9%), from €4,389 to €7,942
- Gross operating margin +€16,241
up €16,241, from -€3,895 to €12,346
- Financial charges +€2,586
up €2,586 (+127%), from €2,031 to €4,617
- Depreciation +€189
up €189 (+1.7%), from €11,097 to €11,287
- Taxes -€187
down €187 (-48.8%), from €383 to €196
- Other operating charges -€138
down €138 (-9.6%), from €1,428 to €1,290
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 | €223,908 | €214,431 | -€9,477 | -4.2% |
| Fixed assets | 21/28 | €87,267 | €83,480 | -€3,787 | -4.3% |
| Intangible fixed assets | 21 | €74,459 | €72,230 | -€2,228 | -3.0% |
| Tangible fixed assets | 22/27 | €1,558 | - | -€1,558 | |
| Plant, machinery and equipment | 23 | €1,558 | - | -€1,558 | |
| Financial fixed assets | 28 | €11,250 | €11,250 | = | 0.0% |
| Current assets | 29/58 | €136,641 | €130,951 | -€5,690 | -4.2% |
| Amounts receivable after more than one year | 29 | €96,623 | €122,323 | +€25,700 | +26.6% |
| Other amounts receivable | 291 | €96,623 | €122,323 | +€25,700 | +26.6% |
| Amounts receivable within one year | 40/41 | €29,084 | €5,867 | -€23,218 | -79.8% |
| Trade receivables | 40 | €29,084 | €5,867 | -€23,218 | -79.8% |
| Cash at bank and in hand | 54/58 | €8,734 | - | -€8,734 | |
| Deferred charges and accrued income | 490/1 | €2,201 | €2,762 | +€561 | +25.5% |
| Total equity and liabilities | 10/49 | €223,908 | €214,431 | -€9,477 | -4.2% |
| Equity | 10/15 | €124,759 | €119,714 | -€5,045 | -4.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €231,859 | €231,859 | = | 0.0% |
| Distributable reserves | 133 | €231,859 | €231,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,692 | -€130,737 | -€5,045 | -4.0% |
| Amounts payable | 17/49 | €99,149 | €94,717 | -€4,432 | -4.5% |
| Amounts payable within one year | 42/48 | €99,149 | €94,717 | -€4,432 | -4.5% |
| Financial debts | 43 | - | €6,045 | +€6,045 | |
| Credit institutions | 430/8 | - | €6,045 | +€6,045 | |
| Trade debts | 44 | €18,500 | €22,596 | +€4,097 | +22.1% |
| Suppliers | 440/4 | €18,500 | €22,596 | +€4,097 | +22.1% |
| Taxes, remuneration and social security | 45 | €4,389 | €7,942 | +€3,553 | +80.9% |
| Taxes | 450/3 | €4,389 | €7,942 | +€3,553 | +80.9% |
| Other amounts payable | 47/48 | €76,260 | €58,134 | -€18,126 | -23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,097 | €11,287 | +€189 | +1.7% |
| Other operating charges | 640/8 | €1,428 | €1,290 | -€138 | -9.6% |
| Gross operating margin | 9900 | -€3,895 | €12,346 | +€16,241 | |
| Operating profit (loss) | 9901 | -€16,420 | -€231 | +€16,189 | +98.6% |
| Financial charges | 65/66B | €2,031 | €4,617 | +€2,586 | +127% |
| Recurring financial charges | 65 | €2,031 | €4,617 | +€2,586 | +127% |
| Profit (loss) for the period before taxes | 9903 | -€18,451 | -€4,849 | +€13,602 | +73.7% |
| Income taxes | 67/77 | €383 | €196 | -€187 | -48.8% |
| Profit (loss) for the period | 9904 | -€18,834 | -€5,045 | +€13,789 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,834 | -€5,045 | +€13,789 | +73.2% |
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 14 October 2026 via checked.be.