Private Services: what changed
Two fiscal 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.
Private Services
Largest movements
- Receivables within one year -€14,789
down €14,789 (-19.3%), from €76,430 to €61,641
of which Trade receivables: -€49,172
- Cash -€10,271
down €10,271 (-52.4%), from €19,585 to €9,314
mainly Advances received (-€60,276) and Investment in fixed assets (net) (-€13,790)
- Intangible fixed assets +€9,253
up €9,253 (+81.5%), from €11,357 to €20,610
- Advances received -€60,276
no longer reported in 2024 (was €60,276)
- Profit (loss) carried forward +€27,902
up €27,902 (+7.6%), from -€367,474 to -€339,573
- Trade debts +€12,179
up €12,179 (+43.2%), from €28,205 to €40,384
- Tax, wage and social debts -€10,414
down €10,414 (-96.1%), from €10,833 to €419
- Debts after one year +€10,202
new in 2024: €10,202
- Gross operating margin +€43,766
up €43,766, from -€8,605 to €35,161
- Financial income +€687
up €687 (+898.1%), from €77 to €764
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,845 | €94,198 | -€16,647 | -15.0% |
| Fixed assets | 21/28 | €14,830 | €23,243 | +€8,413 | +56.7% |
| Intangible fixed assets | 21 | €11,357 | €20,610 | +€9,253 | +81.5% |
| Tangible fixed assets | 22/27 | €3,473 | €2,633 | -€840 | -24.2% |
| Plant, machinery and equipment | 23 | €2,484 | €866 | -€1,618 | -65.1% |
| Furniture and vehicles | 24 | - | €1,186 | +€1,186 | |
| Other tangible fixed assets | 26 | €989 | €581 | -€408 | -41.3% |
| Current assets | 29/58 | €96,015 | €70,955 | -€25,060 | -26.1% |
| Amounts receivable within one year | 40/41 | €76,430 | €61,641 | -€14,789 | -19.3% |
| Trade receivables | 40 | €74,845 | €25,673 | -€49,172 | -65.7% |
| Other amounts receivable | 41 | €1,585 | €35,968 | +€34,383 | +2169.1% |
| Cash at bank and in hand | 54/58 | €19,585 | €9,314 | -€10,271 | -52.4% |
| Total equity and liabilities | 10/49 | €110,845 | €94,198 | -€16,647 | -15.0% |
| Equity | 10/15 | €11,526 | €39,427 | +€27,902 | +242.1% |
| Contributions | 10/11 | €379,000 | €379,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€367,474 | -€339,573 | +€27,902 | +7.6% |
| Amounts payable | 17/49 | €99,319 | €54,771 | -€44,548 | -44.9% |
| Amounts payable after more than one year | 17 | - | €10,202 | +€10,202 | |
| Financial debts | 170/4 | - | €10,202 | +€10,202 | |
| Amounts payable within one year | 42/48 | €99,319 | €43,669 | -€55,650 | -56.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,857 | +€2,857 | |
| Financial debts | 43 | €4 | €9 | +€5 | +105.1% |
| Credit institutions | 430/8 | €4 | €9 | +€5 | +105.1% |
| Trade debts | 44 | €28,205 | €40,384 | +€12,179 | +43.2% |
| Suppliers | 440/4 | €28,205 | €40,384 | +€12,179 | +43.2% |
| Advances received on contracts in progress | 46 | €60,276 | - | -€60,276 | |
| Taxes, remuneration and social security | 45 | €10,833 | €419 | -€10,414 | -96.1% |
| Taxes | 450/3 | €10,833 | €419 | -€10,414 | -96.1% |
| Accrued charges and deferred income | 492/3 | - | €900 | +€900 | |
| Non-recurring operating income | 76A | - | €303 | +€303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,026 | €5,377 | +€351 | +7.0% |
| Other operating charges | 640/8 | €779 | €928 | +€149 | +19.2% |
| Gross operating margin | 9900 | -€8,605 | €35,161 | +€43,766 | |
| Operating profit (loss) | 9901 | -€14,411 | €28,855 | +€43,266 | |
| Financial income | 75/76B | €77 | €764 | +€687 | +898.1% |
| Recurring financial income | 75 | €77 | €764 | +€687 | +898.1% |
| Financial charges | 65/66B | €2,023 | €1,717 | -€306 | -15.1% |
| Recurring financial charges | 65 | €2,023 | €1,717 | -€306 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,357 | €27,902 | +€44,259 | |
| Profit (loss) for the period | 9904 | -€16,357 | €27,902 | +€44,259 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,357 | €27,902 | +€44,259 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.