SERVICE CORRECT: 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 CORRECT
Largest movements
- Receivables within one year +€7,069
up €7,069 (+13.4%), from €52,628 to €59,697
of which Trade receivables: +€4,148
- Tangible fixed assets +€4,773
up €4,773 (+952%), from €502 to €5,274
- Cash +€1,536
up €1,536 (+176%), from €871 to €2,407
mainly Net result for the year (+€7,738) and Current portion of long-term debt (+€3,173)
- Profit (loss) carried forward +€7,738
up €7,738 (+19.1%), from €40,584 to €48,322
- Current portion of long-term debt +€3,173
new in 2025: €3,173
- Tax, wage and social debts +€1,949
up €1,949 (+1,970%), from €99 to €2,048
- Gross operating margin +€5,908
up €5,908 (+89.5%), from €6,598 to €12,506
- Taxes +€1,850
up €1,850 (+1,870%), from €99 to €1,949
- Depreciation +€1,527
up €1,527 (+457%), from €334 to €1,861
- Financial charges +€159
up €159 (+441%), from €36 to €195
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 | €55,210 | €68,643 | +€13,433 | +24.3% |
| Fixed assets | 21/28 | €502 | €5,274 | +€4,773 | +952% |
| Tangible fixed assets | 22/27 | €502 | €5,274 | +€4,773 | +952% |
| Furniture and vehicles | 24 | €502 | €5,274 | +€4,773 | +952% |
| Current assets | 29/58 | €54,708 | €63,369 | +€8,661 | +15.8% |
| Amounts receivable within one year | 40/41 | €52,628 | €59,697 | +€7,069 | +13.4% |
| Trade receivables | 40 | €2,912 | €7,060 | +€4,148 | +142% |
| Other amounts receivable | 41 | €49,716 | €52,637 | +€2,921 | +5.9% |
| Cash at bank and in hand | 54/58 | €871 | €2,407 | +€1,536 | +176% |
| Deferred charges and accrued income | 490/1 | €1,209 | €1,265 | +€55 | +4.6% |
| Total equity and liabilities | 10/49 | €55,210 | €68,643 | +€13,433 | +24.3% |
| Equity | 10/15 | €54,224 | €61,962 | +€7,738 | +14.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Other | 1319 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,584 | €48,322 | +€7,738 | +19.1% |
| Amounts payable | 17/49 | €985 | €6,681 | +€5,696 | +578% |
| Amounts payable within one year | 42/48 | €985 | €6,681 | +€5,696 | +578% |
| Current portion of amounts payable after more than one year | 42 | - | €3,173 | +€3,173 | |
| Trade debts | 44 | €886 | €1,460 | +€574 | +64.7% |
| Suppliers | 440/4 | €886 | €1,460 | +€574 | +64.7% |
| Taxes, remuneration and social security | 45 | €99 | €2,048 | +€1,949 | +1,970% |
| Taxes | 450/3 | €99 | €2,048 | +€1,949 | +1,970% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €334 | €1,861 | +€1,527 | +457% |
| Other operating charges | 640/8 | €686 | €705 | +€20 | +2.9% |
| Non-recurring operating charges | 66A | €68 | €58 | -€10 | -14.8% |
| Gross operating margin | 9900 | €6,598 | €12,506 | +€5,908 | +89.5% |
| Operating profit (loss) | 9901 | €5,510 | €9,881 | +€4,371 | +79.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €36 | €195 | +€159 | +441% |
| Recurring financial charges | 65 | €36 | €195 | +€159 | +441% |
| Profit (loss) for the period before taxes | 9903 | €5,474 | €9,686 | +€4,212 | +76.9% |
| Income taxes | 67/77 | €99 | €1,949 | +€1,850 | +1,870% |
| Profit (loss) for the period | 9904 | €5,375 | €7,738 | +€2,362 | +43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,375 | €7,738 | +€2,362 | +43.9% |
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 16 October 2026 via checked.be.