SERVICES TOITURES: 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 TOITURES
Largest movements
- Receivables within one year -€971,483
down €971,483 (-90.6%), from €1.1m to €101,219
of which Trade receivables: -€908,053
- Deferred charges and accrued income -€60,713
no longer reported in 2025 (was €60,713)
- Tangible fixed assets -€29,996
down €29,996 (-75.7%), from €39,612 to €9,616
of which Furniture and vehicles: -€28,731
- Trade debts -€860,435
down €860,435 (-97.5%), from €882,301 to €21,866
- Advances received -€131,041
no longer reported in 2025 (was €131,041)
- Profit (loss) carried forward -€72,532
down €72,532 (-90.0%), from €80,607 to €8,075
- Gross operating margin -€183,567
down €183,567 (-82.8%), from €221,591 to €38,024
- Staff costs -€140,478
down €140,478 (-91.5%), from €153,586 to €13,108
- Depreciation -€17,927
down €17,927 (-71.0%), from €25,245 to €7,318
- Financial charges -€3,937
down €3,937 (-83.9%), from €4,692 to €755
- Taxes +€2,745
up €2,745 (+47.6%), from €5,762 to €8,507
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,176,855 | €120,841 | -€1.1m | -89.7% |
| Fixed assets | 21/28 | €41,131 | €13,660 | -€27,471 | -66.8% |
| Tangible fixed assets | 22/27 | €39,612 | €9,616 | -€29,996 | -75.7% |
| Plant, machinery and equipment | 23 | €3,471 | €2,206 | -€1,265 | -36.5% |
| Furniture and vehicles | 24 | €36,141 | €7,410 | -€28,731 | -79.5% |
| Financial fixed assets | 28 | €1,519 | €4,044 | +€2,525 | +166% |
| Current assets | 29/58 | €1,135,724 | €107,181 | -€1.0m | -90.6% |
| Amounts receivable within one year | 40/41 | €1,072,702 | €101,219 | -€971,483 | -90.6% |
| Trade receivables | 40 | €997,941 | €89,888 | -€908,053 | -91.0% |
| Other amounts receivable | 41 | €74,761 | €11,331 | -€63,430 | -84.8% |
| Cash at bank and in hand | 54/58 | €2,309 | €5,962 | +€3,653 | +158% |
| Deferred charges and accrued income | 490/1 | €60,713 | - | -€60,713 | |
| Total equity and liabilities | 10/49 | €1,176,855 | €120,841 | -€1.1m | -89.7% |
| Equity | 10/15 | €81,907 | €9,375 | -€72,532 | -88.6% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,607 | €8,075 | -€72,532 | -90.0% |
| Amounts payable | 17/49 | €1,094,948 | €111,465 | -€983,483 | -89.8% |
| Amounts payable within one year | 42/48 | €1,094,519 | €111,465 | -€983,054 | -89.8% |
| Trade debts | 44 | €882,301 | €21,866 | -€860,435 | -97.5% |
| Suppliers | 440/4 | €882,301 | €21,866 | -€860,435 | -97.5% |
| Advances received on contracts in progress | 46 | €131,041 | - | -€131,041 | |
| Taxes, remuneration and social security | 45 | €80,723 | €86,836 | +€6,113 | +7.6% |
| Taxes | 450/3 | €70,415 | €67,428 | -€2,988 | -4.2% |
| Remuneration and social security | 454/9 | €10,308 | €19,408 | +€9,100 | +88.3% |
| Other amounts payable | 47/48 | €454 | €2,763 | +€2,309 | +509% |
| Accrued charges and deferred income | 492/3 | €429 | - | -€429 | |
| Remuneration, social security and pensions | 62 | €153,586 | €13,108 | -€140,478 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,245 | €7,318 | -€17,927 | -71.0% |
| Other operating charges | 640/8 | €2,520 | €1,113 | -€1,407 | -55.8% |
| Gross operating margin | 9900 | €221,591 | €38,024 | -€183,567 | -82.8% |
| Operating profit (loss) | 9901 | €40,240 | €16,486 | -€23,754 | -59.0% |
| Financial income | 75/76B | €2,891 | €1,003 | -€1,888 | -65.3% |
| Recurring financial income | 75 | €2,891 | €1,003 | -€1,888 | -65.3% |
| Financial charges | 65/66B | €4,692 | €755 | -€3,937 | -83.9% |
| Recurring financial charges | 65 | €4,692 | €755 | -€3,937 | -83.9% |
| Profit (loss) for the period before taxes | 9903 | €38,439 | €16,734 | -€21,705 | -56.5% |
| Income taxes | 67/77 | €5,762 | €8,507 | +€2,745 | +47.6% |
| Profit (loss) for the period | 9904 | €32,677 | €8,228 | -€24,450 | -74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,677 | €8,228 | -€24,450 | -74.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.