Service Degryse: what changed
Service Degryse
Largest movements
- Current investments +€28,127
up €28,127 (+6.3%), from €445,286 to €473,413
- Cash +€20,789
up €20,789 (+36.3%), from €57,316 to €78,105
mainly Net result for the year (+€39,942) and Receivables within one year (+€7,833)
- Receivables within one year -€7,833
down €7,833 (-41.6%), from €18,829 to €10,996
of which Other amounts receivable: -€7,044
- Reserves +€38,276
up €38,276 (+7.8%), from €491,459 to €529,736
- Financial income +€32,417
up €32,417 (+408%), from €7,937 to €40,354
- Taxes +€4,050
up €4,050 (+148%), from €2,745 to €6,795
- Gross operating margin +€951
up €951 (+8.6%), from €11,026 to €11,977
- Depreciation +€327
up €327 (+9.9%), from €3,313 to €3,640
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €536,550 | €574,338 | +€37,788 | +7.0% |
| Fixed assets | 21/28 | €14,688 | €11,049 | -€3,640 | -24.8% |
| Tangible fixed assets | 22/27 | €14,688 | €11,049 | -€3,640 | -24.8% |
| Land and buildings | 22 | €9,426 | €9,426 | = | 0.0% |
| Furniture and vehicles | 24 | €5,262 | €1,622 | -€3,640 | -69.2% |
| Current assets | 29/58 | €521,862 | €563,289 | +€41,427 | +7.9% |
| Stocks and contracts in progress | 3 | €430 | €250 | -€180 | -41.9% |
| Stocks | 30/36 | €430 | €250 | -€180 | -41.9% |
| Amounts receivable within one year | 40/41 | €18,829 | €10,996 | -€7,833 | -41.6% |
| Trade receivables | 40 | €6,474 | €5,685 | -€790 | -12.2% |
| Other amounts receivable | 41 | €12,355 | €5,311 | -€7,044 | -57.0% |
| Current investments | 50/53 | €445,286 | €473,413 | +€28,127 | +6.3% |
| Cash at bank and in hand | 54/58 | €57,316 | €78,105 | +€20,789 | +36.3% |
| Deferred charges and accrued income | 490/1 | - | €525 | +€525 | |
| Total equity and liabilities | 10/49 | €536,550 | €574,338 | +€37,788 | +7.0% |
| Equity | 10/15 | €533,601 | €571,878 | +€38,276 | +7.2% |
| Contributions | 10/11 | €42,142 | €42,142 | = | 0.0% |
| Reserves | 13 | €491,459 | €529,736 | +€38,276 | +7.8% |
| Distributable reserves | 133 | €491,459 | €529,736 | +€38,276 | +7.8% |
| Amounts payable | 17/49 | €2,949 | €2,460 | -€489 | -16.6% |
| Amounts payable within one year | 42/48 | €2,949 | €2,460 | -€489 | -16.6% |
| Trade debts | 44 | €423 | €794 | +€371 | +87.9% |
| Suppliers | 440/4 | €423 | €794 | +€371 | +87.9% |
| Taxes, remuneration and social security | 45 | €808 | - | -€808 | |
| Taxes | 450/3 | €808 | - | -€808 | |
| Other amounts payable | 47/48 | €1,718 | €1,666 | -€52 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,313 | €3,640 | +€327 | +9.9% |
| Other operating charges | 640/8 | €1,568 | €1,683 | +€116 | +7.4% |
| Gross operating margin | 9900 | €11,026 | €11,977 | +€951 | +8.6% |
| Operating profit (loss) | 9901 | €6,145 | €6,654 | +€509 | +8.3% |
| Financial income | 75/76B | €7,937 | €40,354 | +€32,417 | +408% |
| Recurring financial income | 75 | €7,937 | €40,354 | +€32,417 | +408% |
| Financial charges | 65/66B | €165 | €270 | +€105 | +63.6% |
| Recurring financial charges | 65 | €165 | €270 | +€105 | +63.6% |
| Profit (loss) for the period before taxes | 9903 | €13,916 | €46,737 | +€32,821 | +236% |
| Income taxes | 67/77 | €2,745 | €6,795 | +€4,050 | +148% |
| Profit (loss) for the period | 9904 | €11,172 | €39,942 | +€28,771 | +258% |
| Profit (loss) for the period to be appropriated | 9905 | €11,172 | €39,942 | +€28,771 | +258% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.