SENIOR 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.
SENIOR SERVICES
Largest movements
- Receivables within one year +€685,038
up €685,038 (+144%), from €474,210 to €1.2m
of which Other amounts receivable: +€467,768
- Cash +€270,671
up €270,671 (+233%), from €116,405 to €387,075
mainly Other debts (+€715,878) and Short-term financial debts (+€161,000)
- Deferred charges and accrued income -€34,652
down €34,652 (-56.8%), from €61,026 to €26,374
- Tangible fixed assets -€22,723
down €22,723 (-11.3%), from €200,412 to €177,689
of which Plant, machinery and equipment: -€28,800
- Other debts +€715,878
up €715,878 (+273%), from €261,947 to €977,825
- Short-term financial debts +€161,000
new in 2025: €161,000
- Trade debts +€58,215
up €58,215 (+15.4%), from €378,568 to €436,783
- Tax, wage and social debts -€35,503
down €35,503 (-8.8%), from €404,364 to €368,861
of which Taxes: -€36,721
- Gross operating margin +€560,247
up €560,247 (+17.9%), from €3.1m to €3.7m
- Staff costs -€105,099
down €105,099 (-2.8%), from €3.7m to €3.6m
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 | €1,006,648 | €1,904,707 | +€898,058 | +89.2% |
| Fixed assets | 21/28 | €351,131 | €328,408 | -€22,723 | -6.5% |
| Tangible fixed assets | 22/27 | €200,412 | €177,689 | -€22,723 | -11.3% |
| Plant, machinery and equipment | 23 | €119,803 | €91,003 | -€28,800 | -24.0% |
| Furniture and vehicles | 24 | €80,609 | €86,686 | +€6,077 | +7.5% |
| Financial fixed assets | 28 | €150,720 | €150,720 | = | 0.0% |
| Current assets | 29/58 | €655,517 | €1,576,298 | +€920,781 | +140% |
| Stocks and contracts in progress | 3 | €3,877 | €3,602 | -€275 | -7.1% |
| Stocks | 30/36 | €3,877 | €3,602 | -€275 | -7.1% |
| Amounts receivable within one year | 40/41 | €474,210 | €1,159,247 | +€685,038 | +144% |
| Trade receivables | 40 | €332,847 | €550,117 | +€217,270 | +65.3% |
| Other amounts receivable | 41 | €141,362 | €609,130 | +€467,768 | +331% |
| Cash at bank and in hand | 54/58 | €116,405 | €387,075 | +€270,671 | +233% |
| Deferred charges and accrued income | 490/1 | €61,026 | €26,374 | -€34,652 | -56.8% |
| Total equity and liabilities | 10/49 | €1,006,648 | €1,904,707 | +€898,058 | +89.2% |
| Equity | 10/15 | -€38,438 | -€39,943 | -€1,505 | -3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,348 | €21,348 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,488 | €19,488 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,386 | -€79,891 | -€1,505 | -1.9% |
| Amounts payable | 17/49 | €1,045,086 | €1,944,650 | +€899,563 | +86.1% |
| Amounts payable within one year | 42/48 | €1,044,879 | €1,944,469 | +€899,590 | +86.1% |
| Financial debts | 43 | - | €161,000 | +€161,000 | |
| Credit institutions | 430/8 | - | €161,000 | +€161,000 | |
| Trade debts | 44 | €378,568 | €436,783 | +€58,215 | +15.4% |
| Suppliers | 440/4 | €378,568 | €436,783 | +€58,215 | +15.4% |
| Taxes, remuneration and social security | 45 | €404,364 | €368,861 | -€35,503 | -8.8% |
| Taxes | 450/3 | €37,037 | €315 | -€36,721 | -99.1% |
| Remuneration and social security | 454/9 | €367,328 | €368,546 | +€1,218 | +0.3% |
| Other amounts payable | 47/48 | €261,947 | €977,825 | +€715,878 | +273% |
| Accrued charges and deferred income | 492/3 | €207 | €180 | -€27 | -13.1% |
| Non-recurring operating income | 76A | - | €520,000 | +€520,000 | |
| Remuneration, social security and pensions | 62 | €3,721,480 | €3,616,381 | -€105,099 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,734 | €69,325 | +€10,591 | +18.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,453 | - | -€5,453 | |
| Other operating charges | 640/8 | €8,705 | €4,239 | -€4,466 | -51.3% |
| Gross operating margin | 9900 | €3,133,680 | €3,693,927 | +€560,247 | +17.9% |
| Operating profit (loss) | 9901 | -€660,691 | €3,981 | +€664,673 | |
| Financial income | 75/76B | €594 | €34 | -€560 | -94.3% |
| Recurring financial income | 75 | €594 | €34 | -€560 | -94.3% |
| Financial charges | 65/66B | €1,769 | €1,410 | -€359 | -20.3% |
| Recurring financial charges | 65 | €1,769 | €1,410 | -€359 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | -€661,866 | €2,606 | +€664,472 | |
| Income taxes | 67/77 | €37,274 | €4,111 | -€33,163 | -89.0% |
| Profit (loss) for the period | 9904 | -€699,140 | -€1,505 | +€697,635 | +99.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€699,140 | -€1,505 | +€697,635 | +99.8% |
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 15 October 2026 via checked.be.