SERVICE-ASSUR: 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-ASSUR
Largest movements
- Tangible fixed assets -€144,702
down €144,702 (-27.9%), from €518,147 to €373,445
of which Furniture and vehicles: -€144,065
- Cash -€45,154
down €45,154 (-8.4%), from €534,850 to €489,696
mainly Debts after one year (-€86,422) and Other debts (-€64,382)
- Profit (loss) carried forward +€123,959
up €123,959 (+23.5%), from €528,291 to €652,250
- Debts after one year -€86,422
down €86,422 (-31.3%), from €276,423 to €190,001
- Other debts -€64,382
down €64,382 (-53.3%), from €120,707 to €56,325
- Reserves -€64,000
down €64,000 (-71.0%), from €90,160 to €26,160
of which Distributable reserves: -€64,000
- Tax, wage and social debts -€48,480
down €48,480 (-59.3%), from €81,734 to €33,254
of which Taxes: -€44,373
- Gross operating margin +€79,682
up €79,682 (+13.6%), from €585,277 to €664,959
- Taxes +€37,809
up €37,809 (+109%), from €34,790 to €72,600
- Depreciation -€17,615
down €17,615 (-13.6%), from €129,818 to €112,203
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 | €1,230,931 | €1,056,587 | -€174,344 | -14.2% |
| Fixed assets | 21/28 | €535,488 | €392,145 | -€143,343 | -26.8% |
| Tangible fixed assets | 22/27 | €518,147 | €373,445 | -€144,702 | -27.9% |
| Plant, machinery and equipment | 23 | €1,353 | €717 | -€637 | -47.0% |
| Furniture and vehicles | 24 | €516,794 | €372,728 | -€144,065 | -27.9% |
| Financial fixed assets | 28 | €17,341 | €18,700 | +€1,359 | +7.8% |
| Current assets | 29/58 | €695,443 | €664,443 | -€31,001 | -4.5% |
| Amounts receivable within one year | 40/41 | €83,364 | €93,316 | +€9,952 | +11.9% |
| Trade receivables | 40 | - | €12,490 | +€12,490 | |
| Other amounts receivable | 41 | €83,364 | €80,826 | -€2,538 | -3.0% |
| Cash at bank and in hand | 54/58 | €534,850 | €489,696 | -€45,154 | -8.4% |
| Deferred charges and accrued income | 490/1 | €77,229 | €81,431 | +€4,202 | +5.4% |
| Total equity and liabilities | 10/49 | €1,230,931 | €1,056,587 | -€174,344 | -14.2% |
| Equity | 10/15 | €637,051 | €697,010 | +€59,959 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €90,160 | €26,160 | -€64,000 | -71.0% |
| Non-distributable reserves | 130/1 | €26,160 | €26,160 | = | 0.0% |
| Other | 1319 | €26,160 | €26,160 | = | 0.0% |
| Distributable reserves | 133 | €64,000 | - | -€64,000 | |
| Profit (loss) carried forward | 14 | €528,291 | €652,250 | +€123,959 | +23.5% |
| Amounts payable | 17/49 | €593,880 | €359,578 | -€234,302 | -39.5% |
| Amounts payable after more than one year | 17 | €276,423 | €190,001 | -€86,422 | -31.3% |
| Financial debts | 170/4 | €276,423 | €190,001 | -€86,422 | -31.3% |
| Amounts payable within one year | 42/48 | €317,457 | €169,555 | -€147,902 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €101,578 | €69,728 | -€31,849 | -31.4% |
| Trade debts | 44 | €13,438 | €10,247 | -€3,191 | -23.7% |
| Suppliers | 440/4 | €13,438 | €10,247 | -€3,191 | -23.7% |
| Taxes, remuneration and social security | 45 | €81,734 | €33,254 | -€48,480 | -59.3% |
| Taxes | 450/3 | €44,373 | - | -€44,373 | |
| Remuneration and social security | 454/9 | €37,361 | €33,254 | -€4,107 | -11.0% |
| Other amounts payable | 47/48 | €120,707 | €56,325 | -€64,382 | -53.3% |
| Accrued charges and deferred income | 492/3 | - | €23 | +€23 | |
| Non-recurring operating income | 76A | €413 | €28,625 | +€28,213 | +6,835% |
| Remuneration, social security and pensions | 62 | €351,929 | €346,010 | -€5,919 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,818 | €112,203 | -€17,615 | -13.6% |
| Other operating charges | 640/8 | €2,981 | €6,417 | +€3,436 | +115% |
| Non-recurring operating charges | 66A | €2,461 | €1,042 | -€1,419 | -57.7% |
| Gross operating margin | 9900 | €585,277 | €664,959 | +€79,682 | +13.6% |
| Operating profit (loss) | 9901 | €98,087 | €199,287 | +€101,200 | +103% |
| Financial income | 75/76B | €2,737 | €4,973 | +€2,236 | +81.7% |
| Recurring financial income | 75 | €2,737 | €4,258 | +€1,521 | +55.5% |
| Non-recurring financial income | 76B | - | €715 | +€715 | |
| Financial charges | 65/66B | €13,768 | €7,702 | -€6,066 | -44.1% |
| Recurring financial charges | 65 | €13,768 | €7,702 | -€6,066 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €87,056 | €196,558 | +€109,502 | +126% |
| Income taxes | 67/77 | €34,790 | €72,600 | +€37,809 | +109% |
| Profit (loss) for the period | 9904 | €52,266 | €123,959 | +€71,693 | +137% |
| Profit (loss) for the period to be appropriated | 9905 | €52,266 | €123,959 | +€71,693 | +137% |
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 26 October 2026 via checked.be.