SP SERVICE: 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.
SP SERVICE
Largest movements
- Receivables within one year +€6,304
up €6,304 (+20.1%), from €31,358 to €37,662
of which Other amounts receivable: +€8,264
- Tangible fixed assets -€466
down €466 (-35.6%), from €1,309 to €843
of which Plant, machinery and equipment: -€834
- Profit (loss) carried forward +€10,127
up €10,127 (+113%), from €8,935 to €19,062
- Other debts -€4,425
down €4,425 (-66.8%), from €6,620 to €2,195
- Tax, wage and social debts +€2,374
up €2,374 (+78.6%), from €3,020 to €5,394
- Trade debts -€1,173
down €1,173 (-83.1%), from €1,411 to €239
- Short-term financial debts -€1,160
down €1,160 (-10.4%), from €11,203 to €10,043
- Gross operating margin +€20,387
up €20,387 (+79.6%), from €25,614 to €46,001
- Taxes +€2,614
up €2,614 (+188%), from €1,390 to €4,004
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,902 | €38,583 | +€5,681 | +17.3% |
| Fixed assets | 21/28 | €1,309 | €843 | -€466 | -35.6% |
| Tangible fixed assets | 22/27 | €1,309 | €843 | -€466 | -35.6% |
| Plant, machinery and equipment | 23 | €1,185 | €351 | -€834 | -70.4% |
| Furniture and vehicles | 24 | €124 | €493 | +€369 | +297% |
| Current assets | 29/58 | €31,593 | €37,739 | +€6,147 | +19.5% |
| Amounts receivable within one year | 40/41 | €31,358 | €37,662 | +€6,304 | +20.1% |
| Trade receivables | 40 | €1,960 | - | -€1,960 | |
| Other amounts receivable | 41 | €29,398 | €37,662 | +€8,264 | +28.1% |
| Deferred charges and accrued income | 490/1 | €235 | €77 | -€157 | -67.1% |
| Total equity and liabilities | 10/49 | €32,902 | €38,583 | +€5,681 | +17.3% |
| Equity | 10/15 | €10,585 | €20,712 | +€10,127 | +95.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €150 | €150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €150 | €150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,935 | €19,062 | +€10,127 | +113% |
| Amounts payable | 17/49 | €22,317 | €17,871 | -€4,446 | -19.9% |
| Amounts payable within one year | 42/48 | €22,255 | €17,871 | -€4,384 | -19.7% |
| Financial debts | 43 | €11,203 | €10,043 | -€1,160 | -10.4% |
| Credit institutions | 430/8 | €11,203 | €10,043 | -€1,160 | -10.4% |
| Trade debts | 44 | €1,411 | €239 | -€1,173 | -83.1% |
| Suppliers | 440/4 | €1,411 | €239 | -€1,173 | -83.1% |
| Taxes, remuneration and social security | 45 | €3,020 | €5,394 | +€2,374 | +78.6% |
| Taxes | 450/3 | €3,020 | €5,394 | +€2,374 | +78.6% |
| Other amounts payable | 47/48 | €6,620 | €2,195 | -€4,425 | -66.8% |
| Accrued charges and deferred income | 492/3 | €62 | - | -€62 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,030 | €1,063 | +€33 | +3.2% |
| Other operating charges | 640/8 | €302 | €225 | -€77 | -25.6% |
| Non-recurring operating charges | 66A | €200 | €257 | +€57 | +28.4% |
| Gross operating margin | 9900 | €25,614 | €46,001 | +€20,387 | +79.6% |
| Operating profit (loss) | 9901 | €24,082 | €44,456 | +€20,374 | +84.6% |
| Financial income | 75/76B | €1,305 | €1,311 | +€6 | +0.5% |
| Recurring financial income | 75 | €1,305 | €1,311 | +€6 | +0.5% |
| Financial charges | 65/66B | €1,725 | €1,637 | -€88 | -5.1% |
| Recurring financial charges | 65 | €1,725 | €1,637 | -€88 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €23,662 | €44,131 | +€20,469 | +86.5% |
| Income taxes | 67/77 | €1,390 | €4,004 | +€2,614 | +188% |
| Profit (loss) for the period | 9904 | €22,272 | €40,127 | +€17,855 | +80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,272 | €40,127 | +€17,855 | +80.2% |
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 27 October 2026 via checked.be.