PPOP 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.
PPOP Services
Largest movements
- Receivables within one year +€374,911
up €374,911 (+3,658%), from €10,248 to €385,160
of which Other amounts receivable: +€379,073
- Receivables after one year -€370,203
down €370,203 (-100%), from €370,203 to €0
- Current investments +€69,774
up €69,774 (+20.0%), from €349,073 to €418,847
- Reserves +€59,329
up €59,329 (+8.0%), from €737,672 to €797,001
- Financial income +€60,172
up €60,172 (+482%), from €12,484 to €72,656
- Gross operating margin -€29,923
down €29,923 (-72.6%), from €41,242 to €11,319
- Taxes +€3,082
up €3,082 (+19.9%), from €15,516 to €18,598
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 | €758,649 | €824,455 | +€65,806 | +8.7% |
| Fixed assets | 21/28 | €13,467 | €7,857 | -€5,610 | -41.7% |
| Tangible fixed assets | 22/27 | €13,467 | €7,857 | -€5,610 | -41.7% |
| Furniture and vehicles | 24 | €13,467 | €7,857 | -€5,610 | -41.7% |
| Current assets | 29/58 | €745,181 | €816,598 | +€71,416 | +9.6% |
| Amounts receivable after more than one year | 29 | €370,203 | €0 | -€370,203 | -100% |
| Other amounts receivable | 291 | €370,203 | €0 | -€370,203 | -100% |
| Amounts receivable within one year | 40/41 | €10,248 | €385,160 | +€374,911 | +3,658% |
| Trade receivables | 40 | €10,248 | €6,086 | -€4,162 | -40.6% |
| Other amounts receivable | 41 | - | €379,073 | +€379,073 | |
| Current investments | 50/53 | €349,073 | €418,847 | +€69,774 | +20.0% |
| Cash at bank and in hand | 54/58 | €14,699 | €12,591 | -€2,108 | -14.3% |
| Deferred charges and accrued income | 490/1 | €958 | €0 | -€958 | -100% |
| Total equity and liabilities | 10/49 | €758,649 | €824,455 | +€65,806 | +8.7% |
| Equity | 10/15 | €750,072 | €809,401 | +€59,329 | +7.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €737,672 | €797,001 | +€59,329 | +8.0% |
| Distributable reserves | 133 | €737,672 | €797,001 | +€59,329 | +8.0% |
| Amounts payable | 17/49 | €8,577 | €15,054 | +€6,478 | +75.5% |
| Amounts payable within one year | 42/48 | €8,577 | €15,054 | +€6,478 | +75.5% |
| Trade debts | 44 | €117 | €134 | +€17 | +14.5% |
| Suppliers | 440/4 | €117 | €134 | +€17 | +14.5% |
| Taxes, remuneration and social security | 45 | €7,714 | €14,920 | +€7,206 | +93.4% |
| Taxes | 450/3 | €7,714 | €14,920 | +€7,206 | +93.4% |
| Other amounts payable | 47/48 | €745 | €0 | -€745 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,393 | €5,112 | -€281 | -5.2% |
| Other operating charges | 640/8 | €1,015 | €990 | -€25 | -2.5% |
| Gross operating margin | 9900 | €41,242 | €11,319 | -€29,923 | -72.6% |
| Operating profit (loss) | 9901 | €34,834 | €5,217 | -€29,617 | -85.0% |
| Financial income | 75/76B | €12,484 | €72,656 | +€60,172 | +482% |
| Recurring financial income | 75 | €12,484 | €72,656 | +€60,172 | +482% |
| Financial charges | 65/66B | -€138 | -€54 | +€85 | +61.1% |
| Recurring financial charges | 65 | -€138 | -€54 | +€85 | +61.1% |
| Profit (loss) for the period before taxes | 9903 | €47,457 | €77,927 | +€30,470 | +64.2% |
| Income taxes | 67/77 | €15,516 | €18,598 | +€3,082 | +19.9% |
| Profit (loss) for the period | 9904 | €31,941 | €59,329 | +€27,388 | +85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,941 | €59,329 | +€27,388 | +85.7% |
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 19 October 2026 via checked.be.