SOCIETE INDUSTRIELLE DE SERVICES: 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.
What changed
SOCIETE INDUSTRIELLE DE SERVICES
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€73,111
2024 · €7.8m-€7.9m
Equity
€344.5m
2024 · €344.6m-€73,111
Cash
€412,015
2024 · €182,908+€229,107
Balance sheet total
€446.8m
2024 · €442.0m+€4.8m
Largest movements
Assets
- Receivables within one year +€9.8m
up €9.8m (+12.9%), from €75.8m to €85.6m
of which Other amounts receivable: +€10.0m
Equity and liabilities
- Other debts +€33.9m
up €33.9m (+76.8%), from €44.1m to €78.0m
- Short-term financial debts -€31.8m
down €31.8m (-61.2%), from €52.0m to €20.2m
Income statement
- Financial income -€8.7m
down €8.7m (-64.0%), from €13.5m to €4.9m
of which Non-recurring financial income: -€8.5m
- Financial charges -€2.6m
down €2.6m (-46.3%), from €5.7m to €3.0m
of which Non-recurring financial charges: -€1.4m
- Other operating income -€1.6m
down €1.6m (-84.9%), from €1.9m to €293,835
- Other operating charges +€343,326
up €343,326 (+10,571%), from €3,248 to €346,573
- Services and other goods -€259,891
down €259,891 (-12.4%), from €2.1m to €1.8m
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.
Result 2024
€7.8m
Turnover
-€30,000
Other operating income
-€1.6m
Services and other goods
+€259,891
Staff costs
-€57,138
Depreciation
+€37,193
Other operating charges
-€343,326
Other operating items
-€41,017
Financial income
-€8.7m
Financial charges
+€2.6m
Taxes
+€30
Result 2025
-€73,111
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€26.3m
Investment
+€3.1m
Financing
-€29.2m
Cash 2024
€182,908
From operations (derived)
+€26.3m
Net result for the year
-€73,111
Depreciation
+€2,222
Receivables after one year
+€2.5m
Receivables within one year
-€9.8m
Deferred charges and accrued income
-€406,391
Smaller working-capital items
+€25,507
Tax, wage and social debts
+€152,320
Other debts
+€33.9m
Investment (derived)
+€3.1m
Investment in fixed assets (net)
+€689,433
Current investments
+€2.4m
Financing
-€29.2m
Debts after one year
+€2.6m
Short-term financial debts
-€31.8m
Cash 2025
€412,015
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €441,976,466 | €446,814,237 | +€4.8m | +1.1% |
| Fixed assets | 21/28 | €348,155,628 | €347,463,973 | -€691,655 | -0.2% |
| Tangible fixed assets | 22/27 | €8,609 | €1,819 | -€6,789 | -78.9% |
| Furniture and vehicles | 24 | €8,609 | €1,819 | -€6,789 | -78.9% |
| Financial fixed assets | 28 | €348,147,020 | €347,462,153 | -€684,866 | -0.2% |
| Affiliated companies | 280/1 | €348,134,157 | €347,449,290 | -€684,866 | -0.2% |
| Participating interests | 280 | €335,792,207 | €335,794,867 | +€2,660 | 0.0% |
| Amounts receivable | 281 | €12,341,949 | €11,654,423 | -€687,526 | -5.6% |
| Other financial fixed assets | 284/8 | €12,863 | €12,863 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €12,863 | €12,863 | = | 0.0% |
| Current assets | 29/58 | €93,820,837 | €99,350,264 | +€5.5m | +5.9% |
| Amounts receivable after more than one year | 29 | €6,500,000 | €4,000,000 | -€2.5m | -38.5% |
| Other amounts receivable | 291 | €6,500,000 | €4,000,000 | -€2.5m | -38.5% |
| Amounts receivable within one year | 40/41 | €75,775,929 | €85,551,504 | +€9.8m | +12.9% |
| Trade receivables | 40 | €480,038 | €305,449 | -€174,590 | -36.4% |
| Other amounts receivable | 41 | €75,295,891 | €85,246,056 | +€10.0m | +13.2% |
| Current investments | 50/53 | €10,534,248 | €8,152,601 | -€2.4m | -22.6% |
| Other investments | 51/53 | €10,534,248 | €8,152,601 | -€2.4m | -22.6% |
| Cash at bank and in hand | 54/58 | €182,908 | €412,015 | +€229,107 | +125% |
| Deferred charges and accrued income | 490/1 | €827,752 | €1,234,143 | +€406,391 | +49.1% |
| Total equity and liabilities | 10/49 | €441,976,466 | €446,814,237 | +€4.8m | +1.1% |
| Equity | 10/15 | €344,556,970 | €344,483,860 | -€73,111 | 0.0% |
| Contributions | 10/11 | €250,000,000 | €250,000,000 | = | 0.0% |
| Reserves | 13 | €411,390 | €411,390 | = | 0.0% |
| Non-distributable reserves | 130/1 | €411,390 | €411,390 | = | 0.0% |
| Reserves not available under the articles | 1311 | €411,390 | €411,390 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,145,581 | €94,072,470 | -€73,111 | -0.1% |
| Amounts payable | 17/49 | €97,419,495 | €102,330,378 | +€4.9m | +5.0% |
| Amounts payable after more than one year | 17 | - | €2,643,039 | +€2.6m | |
| Financial debts | 170/4 | - | €2,643,039 | +€2.6m | |
| Credit institutions | 173 | - | €2,643,039 | +€2.6m | |
| Amounts payable within one year | 42/48 | €97,153,278 | €99,427,198 | +€2.3m | +2.3% |
| Financial debts | 43 | €51,992,570 | €20,188,927 | -€31.8m | -61.2% |
| Credit institutions | 430/8 | €51,992,570 | €20,188,927 | -€31.8m | -61.2% |
| Trade debts | 44 | €931,166 | €962,750 | +€31,584 | +3.4% |
| Suppliers | 440/4 | €931,166 | €962,750 | +€31,584 | +3.4% |
| Taxes, remuneration and social security | 45 | €109,602 | €261,921 | +€152,320 | +139% |
| Taxes | 450/3 | €71,949 | €199,462 | +€127,513 | +177% |
| Remuneration and social security | 454/9 | €37,652 | €62,459 | +€24,807 | +65.9% |
| Other amounts payable | 47/48 | €44,119,940 | €78,013,600 | +€33.9m | +76.8% |
| Accrued charges and deferred income | 492/3 | €266,217 | €260,140 | -€6,077 | -2.3% |
| Operating income | 70/76A | €2,444,619 | €725,585 | -€1.7m | -70.3% |
| Turnover | 70 | €461,750 | €431,750 | -€30,000 | -6.5% |
| Other operating income | 74 | €1,942,287 | €293,835 | -€1.6m | -84.9% |
| Non-recurring operating income | 76A | €40,582 | - | -€40,582 | |
| Operating charges | 60/66A | €2,536,624 | €2,640,439 | +€103,815 | +4.1% |
| Services and other goods | 61 | €2,101,250 | €1,841,359 | -€259,891 | -12.4% |
| Remuneration, social security and pensions | 62 | €392,711 | €449,849 | +€57,138 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,415 | €2,222 | -€37,193 | -94.4% |
| Other operating charges | 640/8 | €3,248 | €346,573 | +€343,326 | +10,571% |
| Non-recurring operating charges | 66A | - | €434 | +€434 | |
| Operating profit (loss) | 9901 | -€92,004 | -€1,914,854 | -€1.8m | -1,981% |
| Financial income | 75/76B | €13,549,144 | €4,874,560 | -€8.7m | -64.0% |
| Recurring financial income | 75 | €5,089,134 | €4,874,560 | -€214,574 | -4.2% |
| Income from financial fixed assets | 750 | €1,511,459 | €4,198,720 | +€2.7m | +178% |
| Income from current assets | 751 | €3,577,675 | €675,840 | -€2.9m | -81.1% |
| Non-recurring financial income | 76B | €8,460,010 | - | -€8.5m | |
| Financial charges | 65/66B | €5,650,399 | €3,032,388 | -€2.6m | -46.3% |
| Recurring financial charges | 65 | €4,249,421 | €3,026,188 | -€1.2m | -28.8% |
| Debt charges | 650 | €4,092,141 | €3,380,291 | -€711,849 | -17.4% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | -€447,750 | -€447,750 | |
| Other financial charges | 652/9 | €157,280 | €93,646 | -€63,634 | -40.5% |
| Non-recurring financial charges | 66B | €1,400,979 | €6,200 | -€1.4m | -99.6% |
| Profit (loss) for the period before taxes | 9903 | €7,806,740 | -€72,681 | -€7.9m | |
| Income taxes | 67/77 | €460 | €430 | -€30 | -6.5% |
| Taxes | 670/3 | €460 | €430 | -€30 | -6.5% |
| Profit (loss) for the period | 9904 | €7,806,281 | -€73,111 | -€7.9m | |
| Profit (loss) for the period to be appropriated | 9905 | €7,806,281 | -€73,111 | -€7.9m |
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 22 October 2026 via checked.be.