SERVICES ET GESTION 117: 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.
SERVICES ET GESTION 117
Largest movements
- Tangible fixed assets +€18,178
up €18,178 (+5.4%), from €334,637 to €352,815
of which Other tangible fixed assets: +€28,852
- Receivables within one year +€12,415
up €12,415 (+999%), from €1,242 to €13,657
- Reserves +€15,578
up €15,578 (+5.0%), from €313,794 to €329,372
- Trade debts +€15,254
up €15,254 (+49.2%), from €31,028 to €46,282
- Turnover +€120,902
new in 2025: €120,902
- Purchases and services +€42,859
new in 2025: €42,859
- Gross operating margin -€12,239
down €12,239 (-12.3%), from €99,896 to €87,656
- Taxes -€3,956
down €3,956 (-40.8%), from €9,686 to €5,729
- Depreciation +€2,907
up €2,907 (+10.4%), from €27,903 to €30,809
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 | €500,301 | €528,780 | +€28,478 | +5.7% |
| Fixed assets | 21/28 | €334,637 | €352,815 | +€18,178 | +5.4% |
| Tangible fixed assets | 22/27 | €334,637 | €352,815 | +€18,178 | +5.4% |
| Land and buildings | 22 | €209,017 | €200,019 | -€8,998 | -4.3% |
| Furniture and vehicles | 24 | €6,789 | €5,114 | -€1,676 | -24.7% |
| Other tangible fixed assets | 26 | €118,831 | €147,682 | +€28,852 | +24.3% |
| Current assets | 29/58 | €165,665 | €175,965 | +€10,300 | +6.2% |
| Amounts receivable within one year | 40/41 | €1,242 | €13,657 | +€12,415 | +999% |
| Other amounts receivable | 41 | €1,242 | €13,657 | +€12,415 | +999% |
| Cash at bank and in hand | 54/58 | €157,210 | €159,108 | +€1,898 | +1.2% |
| Deferred charges and accrued income | 490/1 | €7,212 | €3,199 | -€4,013 | -55.6% |
| Total equity and liabilities | 10/49 | €500,301 | €528,780 | +€28,478 | +5.7% |
| Equity | 10/15 | €443,453 | €459,031 | +€15,578 | +3.5% |
| Contributions | 10/11 | €129,660 | €129,660 | = | 0.0% |
| Reserves | 13 | €313,794 | €329,372 | +€15,578 | +5.0% |
| Distributable reserves | 133 | €313,794 | €329,372 | +€15,578 | +5.0% |
| Amounts payable | 17/49 | €56,848 | €69,749 | +€12,900 | +22.7% |
| Amounts payable after more than one year | 17 | €7,845 | €8,645 | +€800 | +10.2% |
| Other amounts payable | 178/9 | €7,845 | €8,645 | +€800 | +10.2% |
| Amounts payable within one year | 42/48 | €49,003 | €59,563 | +€10,560 | +21.5% |
| Trade debts | 44 | €31,028 | €46,282 | +€15,254 | +49.2% |
| Suppliers | 440/4 | €31,028 | €46,282 | +€15,254 | +49.2% |
| Taxes, remuneration and social security | 45 | €17,975 | €13,281 | -€4,694 | -26.1% |
| Taxes | 450/3 | €8,189 | €4,686 | -€3,503 | -42.8% |
| Remuneration and social security | 454/9 | €9,787 | €8,595 | -€1,191 | -12.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €1,541 | +€1,541 | |
| Turnover | 70 | - | €120,902 | +€120,902 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €42,859 | +€42,859 | |
| Remuneration, social security and pensions | 62 | €22,229 | €23,116 | +€887 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,903 | €30,809 | +€2,907 | +10.4% |
| Other operating charges | 640/8 | €15,013 | €12,340 | -€2,674 | -17.8% |
| Gross operating margin | 9900 | €99,896 | €87,656 | -€12,239 | -12.3% |
| Operating profit (loss) | 9901 | €34,751 | €21,392 | -€13,359 | -38.4% |
| Financial income | 75/76B | €19 | €249 | +€231 | +1,238% |
| Recurring financial income | 75 | €19 | €249 | +€231 | +1,238% |
| Financial charges | 65/66B | €291 | €334 | +€42 | +14.5% |
| Recurring financial charges | 65 | €291 | €334 | +€42 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €34,478 | €21,307 | -€13,171 | -38.2% |
| Income taxes | 67/77 | €9,686 | €5,729 | -€3,956 | -40.8% |
| Profit (loss) for the period | 9904 | €24,793 | €15,578 | -€9,215 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,793 | €15,578 | -€9,215 | -37.2% |
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 31 October 2026 via checked.be.