S-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.
S-SERVICES
Largest movements
- Tangible fixed assets +€8,263
new in 2025: €8,263
of which Furniture and vehicles: +€8,263
- Receivables within one year +€4,495
up €4,495 (+206.2%), from €2,180 to €6,675
- Cash +€1,391
up €1,391 (+18.9%), from €7,353 to €8,744
mainly Net result for the year (+€36,238) and Depreciation (+€9,399)
- Profit (loss) carried forward +€36,238
up €36,238 (+56.8%), from -€63,843 to -€27,606
- Other debts -€12,582
down €12,582 (-9.5%), from €131,853 to €119,271
- Current portion of long-term debt -€9,800
down €9,800 (-58.3%), from €16,800 to €7,000
- Gross operating margin +€33,250
up €33,250 (+242.3%), from €13,725 to €46,975
- Depreciation +€1,720
up €1,720 (+22.4%), from €7,679 to €9,399
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 | €105,199 | €119,624 | +€14,426 | +13.7% |
| Fixed assets | 21/28 | €69,053 | €77,263 | +€8,210 | +11.9% |
| Intangible fixed assets | 21 | €68,603 | €68,550 | -€53 | -0.1% |
| Tangible fixed assets | 22/27 | - | €8,263 | +€8,263 | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €8,263 | +€8,263 | |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €36,146 | €42,362 | +€6,216 | +17.2% |
| Stocks and contracts in progress | 3 | €26,613 | €26,592 | -€21 | -0.1% |
| Stocks | 30/36 | €26,613 | €26,592 | -€21 | -0.1% |
| Amounts receivable within one year | 40/41 | €2,180 | €6,675 | +€4,495 | +206.2% |
| Trade receivables | 40 | €2,180 | €6,675 | +€4,495 | +206.2% |
| Cash at bank and in hand | 54/58 | €7,353 | €8,744 | +€1,391 | +18.9% |
| Deferred charges and accrued income | 490/1 | - | €351 | +€351 | |
| Total equity and liabilities | 10/49 | €105,199 | €119,624 | +€14,426 | +13.7% |
| Equity | 10/15 | -€43,843 | -€7,606 | +€36,238 | +82.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,843 | -€27,606 | +€36,238 | +56.8% |
| Amounts payable | 17/49 | €149,042 | €127,230 | -€21,812 | -14.6% |
| Amounts payable within one year | 42/48 | €149,042 | €127,230 | -€21,812 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €16,800 | €7,000 | -€9,800 | -58.3% |
| Trade debts | 44 | €227 | €312 | +€86 | +37.7% |
| Suppliers | 440/4 | €227 | €312 | +€86 | +37.7% |
| Taxes, remuneration and social security | 45 | €163 | €647 | +€484 | +297.6% |
| Taxes | 450/3 | €163 | €647 | +€484 | +297.6% |
| Other amounts payable | 47/48 | €131,853 | €119,271 | -€12,582 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,679 | €9,399 | +€1,720 | +22.4% |
| Other operating charges | 640/8 | €915 | €1,128 | +€213 | +23.3% |
| Gross operating margin | 9900 | €13,725 | €46,975 | +€33,250 | +242.3% |
| Operating profit (loss) | 9901 | €5,132 | €36,448 | +€31,317 | +610.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €5,085 | €36,402 | +€31,317 | +615.8% |
| Income taxes | 67/77 | - | €164 | +€164 | |
| Profit (loss) for the period | 9904 | €5,085 | €36,238 | +€31,152 | +612.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,085 | €36,238 | +€31,152 | +612.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.