PERFORMANCE 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.
PERFORMANCE SERVICE
Largest movements
- Receivables within one year +€130,011
up €130,011 (+247.7%), from €52,495 to €182,506
of which Trade receivables: +€110,321
- Tangible fixed assets -€12,544
down €12,544 (-27.1%), from €46,348 to €33,804
of which Plant, machinery and equipment: -€6,799
- Cash -€10,627
down €10,627 (-11.9%), from €88,972 to €78,345
mainly Receivables within one year (-€130,011) and Deferred charges and accrued income (-€2,772)
- Reserves +€85,491
up €85,491 (+59.4%), from €144,020 to €229,512
of which Distributable reserves: +€85,491
- Tax, wage and social debts +€20,585
up €20,585 (+905.2%), from €2,274 to €22,859
- Trade debts +€5,490
up €5,490 (+103.5%), from €5,305 to €10,795
- Gross operating margin +€91,907
up €91,907, from -€21,165 to €70,742
- Financial income +€44,545
up €44,545 (+8676.9%), from €513 to €45,058
- Taxes +€15,706
new in 2025: €15,706
- Financial charges -€947
down €947 (-45.4%), from €2,087 to €1,140
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.
Cash bridge derived
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 | €192,638 | €302,251 | +€109,613 | +56.9% |
| Fixed assets | 21/28 | €46,378 | €33,834 | -€12,544 | -27.0% |
| Tangible fixed assets | 22/27 | €46,348 | €33,804 | -€12,544 | -27.1% |
| Land and buildings | 22 | €6,478 | €5,327 | -€1,151 | -17.8% |
| Plant, machinery and equipment | 23 | €30,420 | €23,621 | -€6,799 | -22.3% |
| Furniture and vehicles | 24 | €9,450 | €4,856 | -€4,595 | -48.6% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €146,260 | €268,416 | +€122,156 | +83.5% |
| Amounts receivable within one year | 40/41 | €52,495 | €182,506 | +€130,011 | +247.7% |
| Trade receivables | 40 | €16,970 | €127,291 | +€110,321 | +650.1% |
| Other amounts receivable | 41 | €35,525 | €55,215 | +€19,690 | +55.4% |
| Cash at bank and in hand | 54/58 | €88,972 | €78,345 | -€10,627 | -11.9% |
| Deferred charges and accrued income | 490/1 | €4,793 | €7,565 | +€2,772 | +57.8% |
| Total equity and liabilities | 10/49 | €192,638 | €302,251 | +€109,613 | +56.9% |
| Equity | 10/15 | €164,194 | €249,686 | +€85,491 | +52.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €144,020 | €229,512 | +€85,491 | +59.4% |
| Tax-exempt reserves | 132 | €14,701 | €14,701 | = | 0.0% |
| Distributable reserves | 133 | €129,319 | €214,811 | +€85,491 | +66.1% |
| Profit (loss) carried forward | 14 | €7,774 | €7,774 | = | 0.0% |
| Amounts payable | 17/49 | €28,444 | €52,565 | +€24,121 | +84.8% |
| Amounts payable within one year | 42/48 | €28,198 | €52,565 | +€24,367 | +86.4% |
| Trade debts | 44 | €5,305 | €10,795 | +€5,490 | +103.5% |
| Suppliers | 440/4 | €5,305 | €10,795 | +€5,490 | +103.5% |
| Taxes, remuneration and social security | 45 | €2,274 | €22,859 | +€20,585 | +905.2% |
| Taxes | 450/3 | €2,274 | €22,859 | +€20,585 | +905.2% |
| Other amounts payable | 47/48 | €20,619 | €18,911 | -€1,708 | -8.3% |
| Accrued charges and deferred income | 492/3 | €246 | - | -€246 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,130 | €12,544 | +€414 | +3.4% |
| Other operating charges | 640/8 | €1,243 | €919 | -€324 | -26.1% |
| Gross operating margin | 9900 | -€21,165 | €70,742 | +€91,907 | |
| Operating profit (loss) | 9901 | -€34,538 | €57,280 | +€91,817 | |
| Financial income | 75/76B | €513 | €45,058 | +€44,545 | +8676.9% |
| Recurring financial income | 75 | €513 | €45,058 | +€44,545 | +8676.9% |
| Financial charges | 65/66B | €2,087 | €1,140 | -€947 | -45.4% |
| Recurring financial charges | 65 | €2,087 | €1,140 | -€947 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | -€36,112 | €101,197 | +€137,309 | |
| Income taxes | 67/77 | - | €15,706 | +€15,706 | |
| Profit (loss) for the period | 9904 | -€36,112 | €85,491 | +€121,603 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,112 | €85,491 | +€121,603 |
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 11 October 2026 via checked.be.