PRO-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.
PRO-SERVICE
Largest movements
- Receivables within one year -€776,193
down €776,193 (-98.9%), from €785,041 to €8,847
of which Trade receivables: -€756,958
- Cash +€120,023
up €120,023 (+278%), from €43,174 to €163,197
mainly Receivables within one year (+€776,193) and Depreciation (+€10,498)
- Other debts -€268,457
down €268,457 (-70.3%), from €381,817 to €113,360
- Current portion of long-term debt -€164,643
down €164,643 (-95.6%), from €172,226 to €7,583
- Reserves -€141,341
down €141,341 (-57.4%), from €246,330 to €104,989
- Debts after one year -€68,027
down €68,027 (-33.5%), from €203,175 to €135,149
- Gross operating margin -€123,691
down €123,691 (-97.2%), from €127,216 to €3,525
- Taxes -€21,311
down €21,311 (-99.9%), from €21,327 to €16
- Financial charges -€7,733
down €7,733 (-38.6%), from €20,035 to €12,302
- Depreciation +€2,569
up €2,569 (+32.4%), from €7,929 to €10,498
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 | €1,023,706 | €381,799 | -€641,907 | -62.7% |
| Fixed assets | 21/28 | €170,342 | €176,615 | +€6,273 | +3.7% |
| Intangible fixed assets | 21 | €12,489 | €10,989 | -€1,500 | -12.0% |
| Tangible fixed assets | 22/27 | €157,853 | €165,626 | +€7,773 | +4.9% |
| Land and buildings | 22 | €5,841 | €153,457 | +€147,616 | +2,527% |
| Plant, machinery and equipment | 23 | €3,182 | €7,594 | +€4,412 | +139% |
| Furniture and vehicles | 24 | €10,114 | €2,343 | -€7,771 | -76.8% |
| Other tangible fixed assets | 26 | €2,231 | €2,231 | = | 0.0% |
| Assets under construction and advance payments | 27 | €136,484 | €0 | -€136,484 | -100% |
| Current assets | 29/58 | €853,364 | €205,184 | -€648,180 | -76.0% |
| Stocks and contracts in progress | 3 | €21,903 | €23,521 | +€1,618 | +7.4% |
| Stocks | 30/36 | €21,903 | €23,521 | +€1,618 | +7.4% |
| Amounts receivable within one year | 40/41 | €785,041 | €8,847 | -€776,193 | -98.9% |
| Trade receivables | 40 | €760,988 | €4,031 | -€756,958 | -99.5% |
| Other amounts receivable | 41 | €24,052 | €4,816 | -€19,236 | -80.0% |
| Cash at bank and in hand | 54/58 | €43,174 | €163,197 | +€120,023 | +278% |
| Deferred charges and accrued income | 490/1 | €3,247 | €9,619 | +€6,373 | +196% |
| Total equity and liabilities | 10/49 | €1,023,706 | €381,799 | -€641,907 | -62.7% |
| Equity | 10/15 | €252,535 | €111,194 | -€141,341 | -56.0% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €246,330 | €104,989 | -€141,341 | -57.4% |
| Distributable reserves | 133 | €246,330 | €104,989 | -€141,341 | -57.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €771,170 | €270,605 | -€500,566 | -64.9% |
| Amounts payable after more than one year | 17 | €203,175 | €135,149 | -€68,027 | -33.5% |
| Financial debts | 170/4 | €203,175 | €135,149 | -€68,027 | -33.5% |
| Amounts payable within one year | 42/48 | €561,183 | €135,456 | -€425,727 | -75.9% |
| Current portion of amounts payable after more than one year | 42 | €172,226 | €7,583 | -€164,643 | -95.6% |
| Trade debts | 44 | €2,023 | €1,047 | -€976 | -48.2% |
| Suppliers | 440/4 | €2,023 | €1,047 | -€976 | -48.2% |
| Taxes, remuneration and social security | 45 | €5,117 | €13,466 | +€8,349 | +163% |
| Taxes | 450/3 | €5,117 | €13,466 | +€8,349 | +163% |
| Other amounts payable | 47/48 | €381,817 | €113,360 | -€268,457 | -70.3% |
| Accrued charges and deferred income | 492/3 | €6,812 | €0 | -€6,812 | -100% |
| Non-recurring operating income | 76A | €3,630 | €0 | -€3,630 | -100% |
| Remuneration, social security and pensions | 62 | - | €24 | +€24 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,929 | €10,498 | +€2,569 | +32.4% |
| Other operating charges | 640/8 | €3,062 | €3,277 | +€216 | +7.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €127,216 | €3,525 | -€123,691 | -97.2% |
| Operating profit (loss) | 9901 | €116,225 | -€10,274 | -€126,499 | |
| Financial income | 75/76B | €1,574 | €2,251 | +€678 | +43.1% |
| Recurring financial income | 75 | €1,574 | €617 | -€957 | -60.8% |
| Non-recurring financial income | 76B | - | €1,634 | +€1,634 | |
| Financial charges | 65/66B | €20,035 | €12,302 | -€7,733 | -38.6% |
| Recurring financial charges | 65 | €20,035 | €12,302 | -€7,733 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | €97,764 | -€20,325 | -€118,089 | |
| Income taxes | 67/77 | €21,327 | €16 | -€21,311 | -99.9% |
| Profit (loss) for the period | 9904 | €76,436 | -€20,341 | -€96,778 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,436 | -€20,341 | -€96,778 |
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 13 October 2026 via checked.be.