Service Point Baele: 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 Point Baele
Largest movements
- Tangible fixed assets +€176,770
up €176,770 (+411%), from €42,975 to €219,745
of which Furniture and vehicles: +€179,335
- Cash -€51,580
down €51,580 (-44.2%), from €116,598 to €65,018
mainly Investment in fixed assets (net) (-€199,000) and Trade debts (-€52,428)
- Receivables within one year -€45,204
down €45,204 (-43.7%), from €103,552 to €58,348
of which Trade receivables: -€46,630
- Stocks and contracts +€16,742
up €16,742 (+40.0%), from €41,830 to €58,572
- Debts after one year +€64,809
new in 2025: €64,809
- Trade debts -€52,428
down €52,428 (-59.1%), from €88,715 to €36,287
- Current portion of long-term debt +€40,000
up €40,000 (+5,915%), from €676 to €40,676
- Reserves +€36,455
up €36,455 (+29.0%), from €125,545 to €162,001
- Other debts +€7,337
up €7,337 (+10.1%), from €72,305 to €79,642
- Gross operating margin +€57,219
up €57,219 (+63.3%), from €90,385 to €147,604
- Taxes +€14,679
up €14,679 (+73.8%), from €19,895 to €34,574
- Depreciation +€3,127
up €3,127 (+16.4%), from €19,103 to €22,230
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 | €306,153 | €402,846 | +€96,693 | +31.6% |
| Fixed assets | 21/28 | €42,975 | €219,745 | +€176,770 | +411% |
| Tangible fixed assets | 22/27 | €42,975 | €219,745 | +€176,770 | +411% |
| Plant, machinery and equipment | 23 | €18,998 | €16,432 | -€2,565 | -13.5% |
| Furniture and vehicles | 24 | €23,978 | €203,313 | +€179,335 | +748% |
| Current assets | 29/58 | €263,178 | €183,101 | -€80,076 | -30.4% |
| Stocks and contracts in progress | 3 | €41,830 | €58,572 | +€16,742 | +40.0% |
| Stocks | 30/36 | €41,830 | €58,572 | +€16,742 | +40.0% |
| Amounts receivable within one year | 40/41 | €103,552 | €58,348 | -€45,204 | -43.7% |
| Trade receivables | 40 | €103,552 | €56,922 | -€46,630 | -45.0% |
| Other amounts receivable | 41 | - | €1,426 | +€1,426 | |
| Cash at bank and in hand | 54/58 | €116,598 | €65,018 | -€51,580 | -44.2% |
| Deferred charges and accrued income | 490/1 | €1,197 | €1,163 | -€34 | -2.9% |
| Total equity and liabilities | 10/49 | €306,153 | €402,846 | +€96,693 | +31.6% |
| Equity | 10/15 | €128,545 | €165,001 | +€36,455 | +28.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €125,545 | €162,001 | +€36,455 | +29.0% |
| Distributable reserves | 133 | €125,545 | €162,001 | +€36,455 | +29.0% |
| Amounts payable | 17/49 | €177,608 | €237,846 | +€60,238 | +33.9% |
| Amounts payable after more than one year | 17 | - | €64,809 | +€64,809 | |
| Financial debts | 170/4 | - | €64,809 | +€64,809 | |
| Amounts payable within one year | 42/48 | €174,707 | €168,240 | -€6,467 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €676 | €40,676 | +€40,000 | +5,915% |
| Trade debts | 44 | €88,715 | €36,287 | -€52,428 | -59.1% |
| Suppliers | 440/4 | €88,715 | €36,287 | -€52,428 | -59.1% |
| Taxes, remuneration and social security | 45 | €13,011 | €11,635 | -€1,375 | -10.6% |
| Taxes | 450/3 | €13,011 | €11,635 | -€1,375 | -10.6% |
| Other amounts payable | 47/48 | €72,305 | €79,642 | +€7,337 | +10.1% |
| Accrued charges and deferred income | 492/3 | €2,900 | €4,796 | +€1,896 | +65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,103 | €22,230 | +€3,127 | +16.4% |
| Other operating charges | 640/8 | €772 | €1,308 | +€536 | +69.5% |
| Gross operating margin | 9900 | €90,385 | €147,604 | +€57,219 | +63.3% |
| Operating profit (loss) | 9901 | €70,510 | €124,066 | +€53,556 | +76.0% |
| Financial charges | 65/66B | €1,684 | €2,492 | +€807 | +47.9% |
| Recurring financial charges | 65 | €1,684 | €2,492 | +€807 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | €68,826 | €121,574 | +€52,749 | +76.6% |
| Income taxes | 67/77 | €19,895 | €34,574 | +€14,679 | +73.8% |
| Profit (loss) for the period | 9904 | €48,931 | €87,001 | +€38,070 | +77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,931 | €87,001 | +€38,070 | +77.8% |
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 28 October 2026 via checked.be.