PERSONEEL 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.
PERSONEEL SERVICES
Largest movements
- Deferred charges and accrued income +€13,264
up €13,264 (+443.2%), from €2,993 to €16,256
- Receivables within one year -€10,252
down €10,252 (-77.9%), from €13,166 to €2,915
of which Trade receivables: -€8,454
- Cash +€9,835
up €9,835 (+34.5%), from €28,535 to €38,370
mainly Net result for the year (+€33,526) and Other debts (+€22,764)
- Other debts +€22,764
up €22,764 (+81.2%), from €28,022 to €50,786
- Reserves -€16,285
down €16,285 (-100.0%), from €16,285 to €0
- Tax, wage and social debts +€5,933
up €5,933 (+714.3%), from €831 to €6,763
- Gross operating margin +€21,435
up €21,435 (+79.4%), from €26,986 to €48,421
- Taxes +€4,249
up €4,249 (+78.4%), from €5,418 to €9,667
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 | €48,198 | €60,767 | +€12,569 | +26.1% |
| Fixed assets | 21/28 | €3,504 | €3,226 | -€278 | -7.9% |
| Tangible fixed assets | 22/27 | €3,504 | €3,226 | -€278 | -7.9% |
| Plant, machinery and equipment | 23 | €398 | €261 | -€136 | -34.2% |
| Furniture and vehicles | 24 | €3,006 | €2,965 | -€41 | -1.4% |
| Other tangible fixed assets | 26 | €101 | €0 | -€101 | -100.0% |
| Current assets | 29/58 | €44,694 | €57,541 | +€12,847 | +28.7% |
| Amounts receivable within one year | 40/41 | €13,166 | €2,915 | -€10,252 | -77.9% |
| Trade receivables | 40 | €8,454 | €0 | -€8,454 | -100.0% |
| Other amounts receivable | 41 | €4,713 | €2,915 | -€1,798 | -38.2% |
| Cash at bank and in hand | 54/58 | €28,535 | €38,370 | +€9,835 | +34.5% |
| Deferred charges and accrued income | 490/1 | €2,993 | €16,256 | +€13,264 | +443.2% |
| Total equity and liabilities | 10/49 | €48,198 | €60,767 | +€12,569 | +26.1% |
| Equity | 10/15 | €17,285 | €1,000 | -€16,285 | -94.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €16,285 | €0 | -€16,285 | -100.0% |
| Distributable reserves | 133 | €16,285 | €0 | -€16,285 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €30,913 | €59,767 | +€28,854 | +93.3% |
| Amounts payable within one year | 42/48 | €30,913 | €59,767 | +€28,854 | +93.3% |
| Trade debts | 44 | €2,061 | €2,218 | +€157 | +7.6% |
| Suppliers | 440/4 | €2,061 | €2,218 | +€157 | +7.6% |
| Taxes, remuneration and social security | 45 | €831 | €6,763 | +€5,933 | +714.3% |
| Taxes | 450/3 | €831 | €6,763 | +€5,933 | +714.3% |
| Other amounts payable | 47/48 | €28,022 | €50,786 | +€22,764 | +81.2% |
| Remuneration, social security and pensions | 62 | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,013 | €2,285 | +€272 | +13.5% |
| Other operating charges | 640/8 | €803 | €952 | +€149 | +18.6% |
| Non-recurring operating charges | 66A | €12 | €304 | +€292 | +2511.9% |
| Gross operating margin | 9900 | €26,986 | €48,421 | +€21,435 | +79.4% |
| Operating profit (loss) | 9901 | €23,909 | €44,880 | +€20,971 | +87.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,983 | €1,686 | -€297 | -15.0% |
| Recurring financial charges | 65 | €1,983 | €1,686 | -€297 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €21,926 | €43,194 | +€21,268 | +97.0% |
| Income taxes | 67/77 | €5,418 | €9,667 | +€4,249 | +78.4% |
| Profit (loss) for the period | 9904 | €16,507 | €33,526 | +€17,019 | +103.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,507 | €33,526 | +€17,019 | +103.1% |
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 12 October 2026 via checked.be.