SERVICES MANAGEMENT AND CONSULTING: 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 MANAGEMENT AND CONSULTING
Largest movements
- Receivables within one year +€42,520
up €42,520 (+23.0%), from €185,081 to €227,600
of which Other amounts receivable: +€32,656
- Deferred charges and accrued income +€5,980
new in 2025: €5,980
- Profit (loss) carried forward +€27,569
up €27,569 (+33.7%), from €81,915 to €109,484
- Trade debts +€23,471
up €23,471 (+181%), from €12,963 to €36,434
of which Suppliers: +€29,971
- Advances received -€11,564
down €11,564 (-85.7%), from €13,490 to €1,926
- Tax, wage and social debts +€8,718
up €8,718 (+158%), from €5,506 to €14,224
of which Taxes: +€10,218
- Gross operating margin +€35,633
up €35,633 (+703%), from €5,069 to €40,702
- Taxes +€8,978
up €8,978 (+1,115%), from €805 to €9,783
- Other operating charges -€1,543
no longer reported in 2025 (was €1,543)
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 | €191,922 | €239,263 | +€47,341 | +24.7% |
| Fixed assets | 21/28 | €5,606 | €4,651 | -€955 | -17.0% |
| Tangible fixed assets | 22/27 | €5,153 | €4,198 | -€955 | -18.5% |
| Other tangible fixed assets | 26 | €5,153 | €4,198 | -€955 | -18.5% |
| Financial fixed assets | 28 | €453 | €453 | = | 0.0% |
| Current assets | 29/58 | €186,315 | €234,611 | +€48,296 | +25.9% |
| Amounts receivable within one year | 40/41 | €185,081 | €227,600 | +€42,520 | +23.0% |
| Trade receivables | 40 | €60,416 | €70,280 | +€9,864 | +16.3% |
| Other amounts receivable | 41 | €124,665 | €157,321 | +€32,656 | +26.2% |
| Cash at bank and in hand | 54/58 | €1,235 | €1,031 | -€204 | -16.5% |
| Deferred charges and accrued income | 490/1 | - | €5,980 | +€5,980 | |
| Total equity and liabilities | 10/49 | €191,922 | €239,263 | +€47,341 | +24.7% |
| Equity | 10/15 | €150,115 | €177,684 | +€27,569 | +18.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,915 | €109,484 | +€27,569 | +33.7% |
| Amounts payable | 17/49 | €41,806 | €61,578 | +€19,772 | +47.3% |
| Amounts payable within one year | 42/48 | €41,806 | €61,578 | +€19,772 | +47.3% |
| Financial debts | 43 | €9,847 | €8,994 | -€854 | -8.7% |
| Credit institutions | 430/8 | €9,847 | €8,994 | -€854 | -8.7% |
| Trade debts | 44 | €12,963 | €36,434 | +€23,471 | +181% |
| Suppliers | 440/4 | €6,463 | €36,434 | +€29,971 | +464% |
| Bills of exchange payable | 441 | €6,500 | - | -€6,500 | |
| Advances received on contracts in progress | 46 | €13,490 | €1,926 | -€11,564 | -85.7% |
| Taxes, remuneration and social security | 45 | €5,506 | €14,224 | +€8,718 | +158% |
| Taxes | 450/3 | €4,006 | €14,224 | +€10,218 | +255% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,075 | €955 | -€120 | -11.2% |
| Other operating charges | 640/8 | €1,543 | - | -€1,543 | |
| Gross operating margin | 9900 | €5,069 | €40,702 | +€35,633 | +703% |
| Operating profit (loss) | 9901 | €2,452 | €39,747 | +€37,295 | +1,521% |
| Financial income | 75/76B | €0 | €9 | +€9 | +29,900% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +29,900% |
| Financial charges | 65/66B | €2,217 | €2,404 | +€187 | +8.4% |
| Recurring financial charges | 65 | €2,217 | €2,404 | +€187 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €235 | €37,352 | +€37,117 | +15,781% |
| Income taxes | 67/77 | €805 | €9,783 | +€8,978 | +1,115% |
| Profit (loss) for the period | 9904 | -€570 | €27,569 | +€28,139 | |
| Profit (loss) for the period to be appropriated | 9905 | -€570 | €27,569 | +€28,139 |
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.