SERVICE 55: 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 55
Largest movements
- Receivables within one year -€17,845
down €17,845 (-36.3%), from €49,137 to €31,293
- Tangible fixed assets -€6,828
down €6,828 (-51.6%), from €13,233 to €6,404
of which Furniture and vehicles: -€6,508
- Cash -€6,570
down €6,570 (-94.0%), from €6,986 to €416
mainly Net result for the year (-€100,752) and Debts after one year (-€6,821)
- Stocks and contracts +€1,865
up €1,865 (+139%), from €1,342 to €3,207
- Profit (loss) carried forward -€100,752
down €100,752, from €21,463 to -€79,289
- Trade debts +€41,642
up €41,642 (+104%), from €39,892 to €81,534
- Tax, wage and social debts +€32,987
up €32,987 (+227%), from €14,562 to €47,549
of which Remuneration and social security: +€29,701
- Debts after one year -€6,821
down €6,821 (-95.8%), from €7,122 to €301
- Current portion of long-term debt +€3,507
new in 2024: €3,507
- Gross operating margin -€163,708
down €163,708 (-93.1%), from €175,928 to €12,220
- Staff costs -€52,939
down €52,939 (-34.3%), from €154,357 to €101,418
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,741 | €66,320 | -€29,421 | -30.7% |
| Fixed assets | 21/28 | €38,233 | €31,404 | -€6,828 | -17.9% |
| Tangible fixed assets | 22/27 | €13,233 | €6,404 | -€6,828 | -51.6% |
| Furniture and vehicles | 24 | €10,619 | €4,111 | -€6,508 | -61.3% |
| Other tangible fixed assets | 26 | €2,613 | €2,293 | -€320 | -12.2% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €57,509 | €34,916 | -€22,593 | -39.3% |
| Stocks and contracts in progress | 3 | €1,342 | €3,207 | +€1,865 | +139% |
| Stocks | 30/36 | €1,342 | €3,207 | +€1,865 | +139% |
| Amounts receivable within one year | 40/41 | €49,137 | €31,293 | -€17,845 | -36.3% |
| Trade receivables | 40 | €49,137 | €31,293 | -€17,845 | -36.3% |
| Cash at bank and in hand | 54/58 | €6,986 | €416 | -€6,570 | -94.0% |
| Deferred charges and accrued income | 490/1 | €44 | - | -€44 | |
| Total equity and liabilities | 10/49 | €95,741 | €66,320 | -€29,421 | -30.7% |
| Equity | 10/15 | €26,463 | -€74,289 | -€100,752 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,463 | -€79,289 | -€100,752 | |
| Amounts payable | 17/49 | €69,279 | €140,609 | +€71,330 | +103% |
| Amounts payable after more than one year | 17 | €7,122 | €301 | -€6,821 | -95.8% |
| Financial debts | 170/4 | €7,122 | €301 | -€6,821 | -95.8% |
| Amounts payable within one year | 42/48 | €62,157 | €140,308 | +€78,151 | +126% |
| Current portion of amounts payable after more than one year | 42 | - | €3,507 | +€3,507 | |
| Trade debts | 44 | €39,892 | €81,534 | +€41,642 | +104% |
| Suppliers | 440/4 | €39,892 | €81,534 | +€41,642 | +104% |
| Taxes, remuneration and social security | 45 | €14,562 | €47,549 | +€32,987 | +227% |
| Taxes | 450/3 | €9,879 | €13,165 | +€3,286 | +33.3% |
| Remuneration and social security | 454/9 | €4,683 | €34,384 | +€29,701 | +634% |
| Other amounts payable | 47/48 | €7,703 | €7,718 | +€15 | +0.2% |
| Remuneration, social security and pensions | 62 | €154,357 | €101,418 | -€52,939 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,901 | €6,828 | -€72 | -1.0% |
| Other operating charges | 640/8 | €1,132 | €405 | -€726 | -64.2% |
| Gross operating margin | 9900 | €175,928 | €12,220 | -€163,708 | -93.1% |
| Operating profit (loss) | 9901 | €13,538 | -€96,432 | -€109,970 | |
| Financial income | 75/76B | €14 | €21 | +€7 | +53.2% |
| Recurring financial income | 75 | €14 | €21 | +€7 | +53.2% |
| Financial charges | 65/66B | €1,232 | €891 | -€341 | -27.7% |
| Recurring financial charges | 65 | €1,232 | €891 | -€341 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €12,320 | -€97,302 | -€109,622 | |
| Income taxes | 67/77 | €2,784 | €3,450 | +€665 | +23.9% |
| Profit (loss) for the period | 9904 | €9,536 | -€100,752 | -€110,287 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,536 | -€100,752 | -€110,287 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.