PRODUCTION AND SERVICES GROUP: what changed
What changed
PRODUCTION AND SERVICES GROUP
NACE 46.180, Agents specialised in the wholesale of other particular products
filed annual accounts (NBB)
Net result for the year
€14,056
2024 · €165,646-€151,590
Equity
€2.6m
2024 · €2.6m-€3,483
Cash
€18,609
2024 · €54,369-€35,759
Balance sheet total
€4.6m
2024 · €4.5m+€165,426
Largest movements
Assets
- Tangible fixed assets +€468,074
up €468,074 (+40.6%), from €1.2m to €1.6m
of which Land and buildings: +€502,227
- Receivables within one year -€233,932
down €233,932 (-22.7%), from €1.0m to €796,942
of which Trade receivables: -€236,910
Equity and liabilities
- Debts after one year +€169,283
up €169,283 (+25.0%), from €676,528 to €845,811
Income statement
- Gross operating margin -€79,511
down €79,511 (-12.8%), from €622,286 to €542,776
- Financial income -€75,552
down €75,552 (-71.4%), from €105,795 to €30,243
- Depreciation +€25,208
up €25,208 (+16.5%), from €152,540 to €177,749
- Staff costs -€20,786
down €20,786 (-8.2%), from €253,277 to €232,491
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€165,646
Gross operating margin
-€79,511
Staff costs
+€20,786
Depreciation
-€25,208
Other operating charges
-€2,341
Financial income
-€75,552
Financial charges
+€5,181
Taxes
+€5,056
Result 2025
€14,056
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€435,768
Investment
-€650,258
Financing
+€178,731
Cash 2024
€54,369
From operations (derived)
+€435,768
Net result for the year
+€14,056
Depreciation
+€177,749
Stocks and contracts
+€32,668
Receivables within one year
+€233,932
Deferred charges and accrued income
+€4,724
Trade debts
+€16,826
Tax, wage and social debts
-€2,574
Other debts
-€41,763
Accrued charges and deferred income
+€150
Investment (derived)
-€650,258
Investment in fixed assets (net)
-€650,258
Financing
+€178,731
Debts after one year
+€169,283
Current portion of long-term debt
+€26,987
Contributions, distributions and other
-€17,539
Cash 2025
€18,609
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,479,432 | €4,644,857 | +€165,426 | +3.7% |
| Fixed assets | 21/28 | €3,348,849 | €3,821,358 | +€472,510 | +14.1% |
| Intangible fixed assets | 21 | - | €4,435 | +€4,435 | |
| Tangible fixed assets | 22/27 | €1,151,553 | €1,619,627 | +€468,074 | +40.6% |
| Land and buildings | 22 | €999,037 | €1,501,264 | +€502,227 | +50.3% |
| Plant, machinery and equipment | 23 | €152,515 | €113,354 | -€39,161 | -25.7% |
| Furniture and vehicles | 24 | - | €5,009 | +€5,009 | |
| Financial fixed assets | 28 | €2,197,296 | €2,197,296 | = | 0.0% |
| Current assets | 29/58 | €1,130,583 | €823,499 | -€307,084 | -27.2% |
| Stocks and contracts in progress | 3 | €32,668 | - | -€32,668 | |
| Stocks | 30/36 | €32,668 | - | -€32,668 | |
| Amounts receivable within one year | 40/41 | €1,030,874 | €796,942 | -€233,932 | -22.7% |
| Trade receivables | 40 | €539,648 | €302,738 | -€236,910 | -43.9% |
| Other amounts receivable | 41 | €491,226 | €494,204 | +€2,979 | +0.6% |
| Cash at bank and in hand | 54/58 | €54,369 | €18,609 | -€35,759 | -65.8% |
| Deferred charges and accrued income | 490/1 | €12,673 | €7,948 | -€4,724 | -37.3% |
| Total equity and liabilities | 10/49 | €4,479,432 | €4,644,857 | +€165,426 | +3.7% |
| Equity | 10/15 | €2,571,212 | €2,567,729 | -€3,483 | -0.1% |
| Contributions | 10/11 | €231,500 | €231,500 | = | 0.0% |
| Capital | 10 | €231,500 | €231,500 | = | 0.0% |
| Issued capital | 100 | €231,500 | €231,500 | = | 0.0% |
| Reserves | 13 | €2,250,000 | €2,267,600 | +€17,600 | +0.8% |
| Non-distributable reserves | 130/1 | €124,000 | €124,000 | = | 0.0% |
| Legal reserve | 130 | €124,000 | €124,000 | = | 0.0% |
| Distributable reserves | 133 | €2,126,000 | €2,143,600 | +€17,600 | +0.8% |
| Profit (loss) carried forward | 14 | €6,555 | €3,011 | -€3,544 | -54.1% |
| Investment grants | 15 | €83,157 | €65,618 | -€17,539 | -21.1% |
| Amounts payable | 17/49 | €1,908,219 | €2,077,129 | +€168,909 | +8.9% |
| Amounts payable after more than one year | 17 | €676,528 | €845,811 | +€169,283 | +25.0% |
| Financial debts | 170/4 | €676,528 | €845,811 | +€169,283 | +25.0% |
| Amounts payable within one year | 42/48 | €1,231,691 | €1,231,168 | -€524 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €193,876 | €220,863 | +€26,987 | +13.9% |
| Trade debts | 44 | €12,194 | €29,021 | +€16,826 | +138% |
| Suppliers | 440/4 | €12,194 | €29,021 | +€16,826 | +138% |
| Taxes, remuneration and social security | 45 | €52,321 | €49,747 | -€2,574 | -4.9% |
| Taxes | 450/3 | €23,722 | €23,209 | -€513 | -2.2% |
| Remuneration and social security | 454/9 | €28,598 | €26,538 | -€2,061 | -7.2% |
| Other amounts payable | 47/48 | €973,301 | €931,538 | -€41,763 | -4.3% |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Remuneration, social security and pensions | 62 | €253,277 | €232,491 | -€20,786 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,540 | €177,749 | +€25,208 | +16.5% |
| Other operating charges | 640/8 | €39,537 | €41,879 | +€2,341 | +5.9% |
| Gross operating margin | 9900 | €622,286 | €542,776 | -€79,511 | -12.8% |
| Operating profit (loss) | 9901 | €176,931 | €90,657 | -€86,274 | -48.8% |
| Financial income | 75/76B | €105,795 | €30,243 | -€75,552 | -71.4% |
| Recurring financial income | 75 | €105,795 | €30,243 | -€75,552 | -71.4% |
| Financial charges | 65/66B | €106,081 | €100,900 | -€5,181 | -4.9% |
| Recurring financial charges | 65 | €106,081 | €100,900 | -€5,181 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €176,646 | €20,000 | -€156,646 | -88.7% |
| Income taxes | 67/77 | €11,000 | €5,944 | -€5,056 | -46.0% |
| Profit (loss) for the period | 9904 | €165,646 | €14,056 | -€151,590 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €165,646 | €14,056 | -€151,590 | -91.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.