SERVICE REALISATION EXPORT EVENT: 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 REALISATION EXPORT EVENT
Largest movements
- Receivables after one year -€27,462
no longer reported in 2025 (was €27,462)
- Tangible fixed assets -€22,012
down €22,012 (-96.0%), from €22,934 to €922
of which Furniture and vehicles: -€20,599
- Receivables within one year -€3,264
down €3,264 (-45.3%), from €7,204 to €3,940
of which Trade receivables: -€4,079
- Profit (loss) carried forward -€34,630
down €34,630 (-36.7%), from -€94,245 to -€128,875
- Trade debts -€7,893
down €7,893 (-56.0%), from €14,101 to €6,207
- Tax, wage and social debts -€6,229
no longer reported in 2025 (was €6,229)
- Advances received -€3,916
no longer reported in 2025 (was €3,916)
- Gross operating margin -€21,115
down €21,115, from €14,462 to -€6,653
- Taxes -€2,177
no longer reported in 2025 (was €2,177)
- Other operating charges +€1,801
up €1,801 (+101%), from €1,778 to €3,579
- Financial charges -€675
down €675 (-65.1%), from €1,037 to €362
- Depreciation +€158
up €158 (+1.9%), from €8,417 to €8,575
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 | €59,197 | €6,529 | -€52,668 | -89.0% |
| Fixed assets | 21/28 | €23,201 | €1,072 | -€22,129 | -95.4% |
| Intangible fixed assets | 21 | €117 | - | -€117 | |
| Tangible fixed assets | 22/27 | €22,934 | €922 | -€22,012 | -96.0% |
| Plant, machinery and equipment | 23 | €2,083 | €670 | -€1,413 | -67.8% |
| Furniture and vehicles | 24 | €20,851 | €252 | -€20,599 | -98.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €35,996 | €5,457 | -€30,539 | -84.8% |
| Amounts receivable after more than one year | 29 | €27,462 | - | -€27,462 | |
| Trade receivables | 290 | €27,462 | - | -€27,462 | |
| Amounts receivable within one year | 40/41 | €7,204 | €3,940 | -€3,264 | -45.3% |
| Trade receivables | 40 | €6,408 | €2,329 | -€4,079 | -63.7% |
| Other amounts receivable | 41 | €797 | €1,611 | +€814 | +102% |
| Cash at bank and in hand | 54/58 | €258 | €232 | -€26 | -10.2% |
| Deferred charges and accrued income | 490/1 | €1,072 | €1,285 | +€213 | +19.9% |
| Total equity and liabilities | 10/49 | €59,197 | €6,529 | -€52,668 | -89.0% |
| Equity | 10/15 | €34,951 | €321 | -€34,630 | -99.1% |
| Contributions | 10/11 | €123,000 | €123,000 | = | 0.0% |
| Reserves | 13 | €6,196 | €6,196 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,121 | €6,121 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,121 | €6,121 | = | 0.0% |
| Distributable reserves | 133 | €75 | €75 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,245 | -€128,875 | -€34,630 | -36.7% |
| Amounts payable | 17/49 | €24,246 | €6,207 | -€18,038 | -74.4% |
| Amounts payable within one year | 42/48 | €24,246 | €6,207 | -€18,038 | -74.4% |
| Trade debts | 44 | €14,101 | €6,207 | -€7,893 | -56.0% |
| Suppliers | 440/4 | €14,101 | €6,207 | -€7,893 | -56.0% |
| Advances received on contracts in progress | 46 | €3,916 | - | -€3,916 | |
| Taxes, remuneration and social security | 45 | €6,229 | - | -€6,229 | |
| Taxes | 450/3 | €6,229 | - | -€6,229 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,417 | €8,575 | +€158 | +1.9% |
| Other operating charges | 640/8 | €1,778 | €3,579 | +€1,801 | +101% |
| Non-recurring operating charges | 66A | - | €15,462 | +€15,462 | |
| Gross operating margin | 9900 | €14,462 | -€6,653 | -€21,115 | |
| Operating profit (loss) | 9901 | €4,267 | -€34,269 | -€38,536 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,037 | €362 | -€675 | -65.1% |
| Recurring financial charges | 65 | €1,037 | €362 | -€675 | -65.1% |
| Profit (loss) for the period before taxes | 9903 | €3,231 | -€34,630 | -€37,861 | |
| Income taxes | 67/77 | €2,177 | - | -€2,177 | |
| Profit (loss) for the period | 9904 | €1,053 | -€34,630 | -€35,683 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,053 | -€34,630 | -€35,683 |
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.