Service Express: 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 Express
Largest movements
- Cash -€8,870
no longer reported in 2025 (was €8,870)
mainly Tax, wage and social debts (-€7,386) and Trade debts (-€3,871)
- Stocks and contracts -€2,849
down €2,849 (-37.8%), from €7,538 to €4,690
- Current investments +€2,298
new in 2025: €2,298
- Receivables within one year +€1,012
up €1,012 (+2.9%), from €34,933 to €35,945
of which Other amounts receivable: +€19,202
- Tax, wage and social debts -€7,386
down €7,386 (-42.5%), from €17,360 to €9,974
of which Remuneration and social security: -€7,053
- Other debts +€4,731
up €4,731 (+271%), from €1,747 to €6,478
- Trade debts -€3,871
down €3,871 (-18.3%), from €21,185 to €17,315
- Profit (loss) carried forward -€2,281
down €2,281 (-2.3%), from -€100,278 to -€102,559
- Gross operating margin -€112,803
down €112,803 (-83.4%), from €135,221 to €22,418
- Staff costs -€107,980
down €107,980 (-84.9%), from €127,136 to €19,156
- Taxes -€1,804
down €1,804 (-43.6%), from €4,138 to €2,334
- Other operating charges +€1,783
up €1,783 (+91.6%), from €1,946 to €3,729
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 | €52,237 | €43,430 | -€8,807 | -16.9% |
| Fixed assets | 21/28 | €896 | €497 | -€399 | -44.5% |
| Tangible fixed assets | 22/27 | €896 | €497 | -€399 | -44.5% |
| Furniture and vehicles | 24 | €896 | €497 | -€399 | -44.5% |
| Current assets | 29/58 | €51,341 | €42,933 | -€8,408 | -16.4% |
| Stocks and contracts in progress | 3 | €7,538 | €4,690 | -€2,849 | -37.8% |
| Stocks | 30/36 | €7,538 | €4,690 | -€2,849 | -37.8% |
| Amounts receivable within one year | 40/41 | €34,933 | €35,945 | +€1,012 | +2.9% |
| Trade receivables | 40 | €32,905 | €14,716 | -€18,189 | -55.3% |
| Other amounts receivable | 41 | €2,027 | €21,229 | +€19,202 | +947% |
| Current investments | 50/53 | - | €2,298 | +€2,298 | |
| Cash at bank and in hand | 54/58 | €8,870 | - | -€8,870 | |
| Total equity and liabilities | 10/49 | €52,237 | €43,430 | -€8,807 | -16.9% |
| Equity | 10/15 | €11,945 | €9,664 | -€2,281 | -19.1% |
| Contributions | 10/11 | €112,000 | €112,000 | = | 0.0% |
| Capital | 10 | €112,000 | €112,000 | = | 0.0% |
| Issued capital | 100 | €112,000 | €112,000 | = | 0.0% |
| Reserves | 13 | €223 | €223 | = | 0.0% |
| Non-distributable reserves | 130/1 | €223 | €223 | = | 0.0% |
| Legal reserve | 130 | €223 | €223 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,278 | -€102,559 | -€2,281 | -2.3% |
| Amounts payable | 17/49 | €40,292 | €33,766 | -€6,527 | -16.2% |
| Amounts payable within one year | 42/48 | €40,292 | €33,766 | -€6,527 | -16.2% |
| Trade debts | 44 | €21,185 | €17,315 | -€3,871 | -18.3% |
| Suppliers | 440/4 | €21,185 | €17,315 | -€3,871 | -18.3% |
| Taxes, remuneration and social security | 45 | €17,360 | €9,974 | -€7,386 | -42.5% |
| Taxes | 450/3 | €8,160 | €7,827 | -€333 | -4.1% |
| Remuneration and social security | 454/9 | €9,200 | €2,147 | -€7,053 | -76.7% |
| Other amounts payable | 47/48 | €1,747 | €6,478 | +€4,731 | +271% |
| Remuneration, social security and pensions | 62 | €127,136 | €19,156 | -€107,980 | -84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €499 | €399 | -€100 | -20.0% |
| Other operating charges | 640/8 | €1,946 | €3,729 | +€1,783 | +91.6% |
| Gross operating margin | 9900 | €135,221 | €22,418 | -€112,803 | -83.4% |
| Operating profit (loss) | 9901 | €5,640 | -€866 | -€6,507 | |
| Financial income | 75/76B | - | €1,225 | +€1,225 | |
| Recurring financial income | 75 | - | €1,225 | +€1,225 | |
| Financial charges | 65/66B | €775 | €306 | -€469 | -60.5% |
| Recurring financial charges | 65 | €775 | €306 | -€469 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €4,865 | €53 | -€4,812 | -98.9% |
| Income taxes | 67/77 | €4,138 | €2,334 | -€1,804 | -43.6% |
| Profit (loss) for the period | 9904 | €728 | -€2,281 | -€3,008 | |
| Profit (loss) for the period to be appropriated | 9905 | €728 | -€2,281 | -€3,008 |
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 14 October 2026 via checked.be.