SERVICE PLUS: 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 PLUS
Largest movements
- Tangible fixed assets +€12,733
up €12,733 (+278%), from €4,574 to €17,307
- Cash -€2,955
down €2,955 (-25.7%), from €11,513 to €8,558
mainly Investment in fixed assets (net) (-€13,776) and Tax, wage and social debts (-€6,880)
- Deferred charges and accrued income -€2,000
no longer reported in 2025 (was €2,000)
- Receivables within one year +€1,230
up €1,230 (+1.6%), from €74,945 to €76,175
of which Other amounts receivable: +€2,084
- Debts after one year +€9,850
new in 2025: €9,850
- Tax, wage and social debts -€6,880
down €6,880 (-45.0%), from €15,301 to €8,421
of which Remuneration and social security: -€4,104
- Trade debts +€5,764
up €5,764 (+119%), from €4,852 to €10,616
- Other debts -€4,579
down €4,579 (-84.0%), from €5,454 to €875
- Current portion of long-term debt +€3,393
new in 2025: €3,393
- Gross operating margin -€20,917
down €20,917 (-10.5%), from €199,377 to €178,460
- Financial income +€12,637
new in 2025: €12,637
- Staff costs -€10,109
down €10,109 (-5.2%), from €195,091 to €184,982
- Other operating charges +€2,736
new in 2025: €2,736
- Depreciation -€2,007
down €2,007 (-65.8%), from €3,050 to €1,043
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 | €93,032 | €102,040 | +€9,008 | +9.7% |
| Fixed assets | 21/28 | €4,574 | €17,307 | +€12,733 | +278% |
| Tangible fixed assets | 22/27 | €4,574 | €17,307 | +€12,733 | +278% |
| Furniture and vehicles | 24 | €4,574 | €17,307 | +€12,733 | +278% |
| Current assets | 29/58 | €88,458 | €84,733 | -€3,725 | -4.2% |
| Amounts receivable within one year | 40/41 | €74,945 | €76,175 | +€1,230 | +1.6% |
| Trade receivables | 40 | €68,215 | €67,361 | -€854 | -1.3% |
| Other amounts receivable | 41 | €6,730 | €8,814 | +€2,084 | +31.0% |
| Cash at bank and in hand | 54/58 | €11,513 | €8,558 | -€2,955 | -25.7% |
| Deferred charges and accrued income | 490/1 | €2,000 | - | -€2,000 | |
| Total equity and liabilities | 10/49 | €93,032 | €102,040 | +€9,008 | +9.7% |
| Equity | 10/15 | €67,425 | €68,885 | +€1,460 | +2.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €6,150 | €6,150 | = | 0.0% |
| Uncalled capital | 101 | €3,650 | €3,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,925 | €66,385 | +€1,460 | +2.2% |
| Amounts payable | 17/49 | €25,607 | €33,155 | +€7,548 | +29.5% |
| Amounts payable after more than one year | 17 | - | €9,850 | +€9,850 | |
| Financial debts | 170/4 | - | €9,850 | +€9,850 | |
| Amounts payable within one year | 42/48 | €25,607 | €23,305 | -€2,302 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | - | €3,393 | +€3,393 | |
| Trade debts | 44 | €4,852 | €10,616 | +€5,764 | +119% |
| Suppliers | 440/4 | €4,852 | €10,616 | +€5,764 | +119% |
| Taxes, remuneration and social security | 45 | €15,301 | €8,421 | -€6,880 | -45.0% |
| Taxes | 450/3 | €6,865 | €4,089 | -€2,776 | -40.4% |
| Remuneration and social security | 454/9 | €8,436 | €4,332 | -€4,104 | -48.6% |
| Other amounts payable | 47/48 | €5,454 | €875 | -€4,579 | -84.0% |
| Remuneration, social security and pensions | 62 | €195,091 | €184,982 | -€10,109 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,050 | €1,043 | -€2,007 | -65.8% |
| Other operating charges | 640/8 | - | €2,736 | +€2,736 | |
| Non-recurring operating charges | 66A | - | €372 | +€372 | |
| Gross operating margin | 9900 | €199,377 | €178,460 | -€20,917 | -10.5% |
| Operating profit (loss) | 9901 | €1,236 | -€10,673 | -€11,909 | |
| Financial income | 75/76B | - | €12,637 | +€12,637 | |
| Recurring financial income | 75 | - | €12,637 | +€12,637 | |
| Financial charges | 65/66B | €140 | €318 | +€178 | +127% |
| Recurring financial charges | 65 | €140 | €318 | +€178 | +127% |
| Profit (loss) for the period before taxes | 9903 | €1,096 | €1,646 | +€550 | +50.2% |
| Income taxes | 67/77 | €2,071 | €186 | -€1,885 | -91.0% |
| Profit (loss) for the period | 9904 | -€975 | €1,460 | +€2,435 | |
| Profit (loss) for the period to be appropriated | 9905 | -€975 | €1,460 | +€2,435 |
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 15 October 2026 via checked.be.