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.
SERVICE+
Largest movements
- Receivables within one year -€29,847
down €29,847 (-69.2%), from €43,155 to €13,308
of which Trade receivables: -€36,262
- Cash -€7,519
down €7,519 (-22.8%), from €33,031 to €25,512
mainly Accrued charges and deferred income (-€34,350) and Investment in fixed assets (net) (-€31,715)
- Accrued charges and deferred income -€34,350
down €34,350 (-17.1%), from €200,308 to €165,958
- Gross operating margin -€48,800
down €48,800 (-57.4%), from €85,063 to €36,263
- Depreciation -€31,063
down €31,063 (-49.7%), from €62,451 to €31,388
- Financial charges +€5,451
up €5,451 (+1219.5%), from €447 to €5,898
- Taxes -€5,415
down €5,415 (-100.0%), from €5,415 to €0
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 | €470,805 | €433,767 | -€37,039 | -7.9% |
| Fixed assets | 21/28 | €394,620 | €394,946 | +€327 | +0.1% |
| Tangible fixed assets | 22/27 | €394,620 | €394,946 | +€327 | +0.1% |
| Land and buildings | 22 | €369,324 | €383,754 | +€14,430 | +3.9% |
| Plant, machinery and equipment | 23 | €25,296 | €11,192 | -€14,104 | -55.8% |
| Current assets | 29/58 | €76,186 | €38,820 | -€37,365 | -49.0% |
| Amounts receivable within one year | 40/41 | €43,155 | €13,308 | -€29,847 | -69.2% |
| Trade receivables | 40 | €42,070 | €5,808 | -€36,262 | -86.2% |
| Other amounts receivable | 41 | €1,085 | €7,500 | +€6,415 | +591.4% |
| Cash at bank and in hand | 54/58 | €33,031 | €25,512 | -€7,519 | -22.8% |
| Total equity and liabilities | 10/49 | €470,805 | €433,767 | -€37,039 | -7.9% |
| Equity | 10/15 | €82,741 | €81,191 | -€1,550 | -1.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €57,741 | €57,741 | = | 0.0% |
| Distributable reserves | 133 | €57,741 | €57,741 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,550 | -€1,550 | |
| Amounts payable | 17/49 | €388,065 | €352,575 | -€35,489 | -9.1% |
| Amounts payable within one year | 42/48 | €187,757 | €186,617 | -€1,139 | -0.6% |
| Trade debts | 44 | €85 | €3,364 | +€3,279 | +3856.7% |
| Suppliers | 440/4 | €85 | €3,364 | +€3,279 | +3856.7% |
| Taxes, remuneration and social security | 45 | €6,472 | €1,768 | -€4,704 | -72.7% |
| Taxes | 450/3 | €6,472 | €1,768 | -€4,704 | -72.7% |
| Other amounts payable | 47/48 | €181,200 | €181,486 | +€286 | +0.2% |
| Accrued charges and deferred income | 492/3 | €200,308 | €165,958 | -€34,350 | -17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,451 | €31,388 | -€31,063 | -49.7% |
| Other operating charges | 640/8 | €514 | €542 | +€28 | +5.5% |
| Gross operating margin | 9900 | €85,063 | €36,263 | -€48,800 | -57.4% |
| Operating profit (loss) | 9901 | €22,098 | €4,333 | -€17,765 | -80.4% |
| Financial income | 75/76B | €10 | €16 | +€6 | +58.2% |
| Recurring financial income | 75 | €10 | €16 | +€6 | +58.2% |
| Financial charges | 65/66B | €447 | €5,898 | +€5,451 | +1219.5% |
| Recurring financial charges | 65 | €447 | €5,898 | +€5,451 | +1219.5% |
| Profit (loss) for the period before taxes | 9903 | €21,661 | -€1,550 | -€23,210 | |
| Income taxes | 67/77 | €5,415 | €0 | -€5,415 | -100.0% |
| Profit (loss) for the period | 9904 | €16,246 | -€1,550 | -€17,795 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,246 | -€1,550 | -€17,795 |
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 10 October 2026 via checked.be.