Services Fernandez: 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 Fernandez
Largest movements
- Receivables within one year +€11,015
up €11,015 (+67.0%), from €16,439 to €27,454
of which Other amounts receivable: +€7,562
- Cash -€8,790
down €8,790 (-56.6%), from €15,531 to €6,741
mainly Receivables within one year (-€11,015) and Other debts (-€1,910)
- Tangible fixed assets -€602
down €602 (-9.7%), from €6,228 to €5,626
of which Furniture and vehicles: -€1,044
- Trade debts +€2,165
up €2,165 (+386%), from €561 to €2,725
- Other debts -€1,910
no longer reported in 2025 (was €1,910)
- Reserves +€1,257
up €1,257 (+4.5%), from €28,163 to €29,421
- Gross operating margin -€37,142
down €37,142 (-87.3%), from €42,528 to €5,387
- Taxes -€9,772
down €9,772 (-89.6%), from €10,904 to €1,132
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 | €38,197 | €39,820 | +€1,623 | +4.2% |
| Fixed assets | 21/28 | €6,228 | €5,626 | -€602 | -9.7% |
| Tangible fixed assets | 22/27 | €6,228 | €5,626 | -€602 | -9.7% |
| Plant, machinery and equipment | 23 | - | €442 | +€442 | |
| Furniture and vehicles | 24 | €6,228 | €5,184 | -€1,044 | -16.8% |
| Current assets | 29/58 | €31,969 | €34,194 | +€2,225 | +7.0% |
| Amounts receivable within one year | 40/41 | €16,439 | €27,454 | +€11,015 | +67.0% |
| Trade receivables | 40 | €15,593 | €19,045 | +€3,453 | +22.1% |
| Other amounts receivable | 41 | €846 | €8,408 | +€7,562 | +894% |
| Cash at bank and in hand | 54/58 | €15,531 | €6,741 | -€8,790 | -56.6% |
| Total equity and liabilities | 10/49 | €38,197 | €39,820 | +€1,623 | +4.2% |
| Equity | 10/15 | €30,663 | €31,921 | +€1,257 | +4.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €28,163 | €29,421 | +€1,257 | +4.5% |
| Distributable reserves | 133 | €28,163 | €29,421 | +€1,257 | +4.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | 0.0% |
| Amounts payable | 17/49 | €7,534 | €7,900 | +€366 | +4.9% |
| Amounts payable within one year | 42/48 | €7,534 | €7,900 | +€366 | +4.9% |
| Trade debts | 44 | €561 | €2,725 | +€2,165 | +386% |
| Suppliers | 440/4 | €561 | €2,725 | +€2,165 | +386% |
| Taxes, remuneration and social security | 45 | €5,064 | €5,175 | +€111 | +2.2% |
| Taxes | 450/3 | €3,564 | €5,175 | +€1,611 | +45.2% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €1,910 | - | -€1,910 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,212 | €2,418 | +€206 | +9.3% |
| Other operating charges | 640/8 | €772 | €547 | -€225 | -29.1% |
| Gross operating margin | 9900 | €42,528 | €5,387 | -€37,142 | -87.3% |
| Operating profit (loss) | 9901 | €39,545 | €2,421 | -€37,123 | -93.9% |
| Financial income | 75/76B | - | €23 | +€23 | |
| Recurring financial income | 75 | - | €23 | +€23 | |
| Financial charges | 65/66B | €477 | €55 | -€422 | -88.4% |
| Recurring financial charges | 65 | €477 | €55 | -€422 | -88.4% |
| Profit (loss) for the period before taxes | 9903 | €39,067 | €2,389 | -€36,678 | -93.9% |
| Income taxes | 67/77 | €10,904 | €1,132 | -€9,772 | -89.6% |
| Profit (loss) for the period | 9904 | €28,163 | €1,257 | -€26,906 | -95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,163 | €1,257 | -€26,906 | -95.5% |
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 29 October 2026 via checked.be.