START SERVICES: what changed
Two fiscal 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.
START SERVICES
Largest movements
- Receivables within one year +€20,185
up €20,185 (+227.9%), from €8,856 to €29,041
of which Trade receivables: +€20,489
- Cash -€15,254
down €15,254 (-71.9%), from €21,217 to €5,964
mainly Receivables within one year (-€20,185) and Trade debts (-€2,057)
- Profit (loss) carried forward +€5,077
up €5,077 (+59.5%), from €8,531 to €13,608
- Trade debts -€2,057
down €2,057 (-15.9%), from €12,947 to €10,891
- Tax, wage and social debts +€1,633
up €1,633 (+20.8%), from €7,836 to €9,469
of which Taxes: +€3,383
- Gross operating margin +€4,992
up €4,992 (+45.0%), from €11,085 to €16,077
- Taxes +€747
up €747 (+28.3%), from €2,636 to €3,383
- Depreciation -€435
down €435 (-38.3%), from €1,135 to €700
- Other operating charges +€404
up €404 (+38.7%), from €1,043 to €1,447
- Financial charges -€193
down €193 (-3.4%), from €5,663 to €5,470
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.
Cash bridge derived
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 | €31,315 | €35,968 | +€4,653 | +14.9% |
| Fixed assets | 21/28 | €886 | €601 | -€285 | -32.2% |
| Tangible fixed assets | 22/27 | €886 | €601 | -€285 | -32.2% |
| Plant, machinery and equipment | 23 | €886 | €601 | -€285 | -32.2% |
| Current assets | 29/58 | €30,429 | €35,367 | +€4,938 | +16.2% |
| Amounts receivable within one year | 40/41 | €8,856 | €29,041 | +€20,185 | +227.9% |
| Trade receivables | 40 | €2,449 | €22,937 | +€20,489 | +836.7% |
| Other amounts receivable | 41 | €6,407 | €6,104 | -€303 | -4.7% |
| Cash at bank and in hand | 54/58 | €21,217 | €5,964 | -€15,254 | -71.9% |
| Deferred charges and accrued income | 490/1 | €355 | €362 | +€7 | +1.9% |
| Total equity and liabilities | 10/49 | €31,315 | €35,968 | +€4,653 | +14.9% |
| Equity | 10/15 | €10,531 | €15,608 | +€5,077 | +48.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,531 | €13,608 | +€5,077 | +59.5% |
| Amounts payable | 17/49 | €20,783 | €20,360 | -€424 | -2.0% |
| Amounts payable within one year | 42/48 | €20,783 | €20,360 | -€424 | -2.0% |
| Trade debts | 44 | €12,947 | €10,891 | -€2,057 | -15.9% |
| Suppliers | 440/4 | €12,947 | €10,891 | -€2,057 | -15.9% |
| Taxes, remuneration and social security | 45 | €7,836 | €9,469 | +€1,633 | +20.8% |
| Taxes | 450/3 | €2,636 | €6,019 | +€3,383 | +128.3% |
| Remuneration and social security | 454/9 | €5,200 | €3,450 | -€1,750 | -33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,135 | €700 | -€435 | -38.3% |
| Other operating charges | 640/8 | €1,043 | €1,447 | +€404 | +38.7% |
| Gross operating margin | 9900 | €11,085 | €16,077 | +€4,992 | +45.0% |
| Operating profit (loss) | 9901 | €8,906 | €13,930 | +€5,023 | +56.4% |
| Financial charges | 65/66B | €5,663 | €5,470 | -€193 | -3.4% |
| Recurring financial charges | 65 | €5,663 | €5,470 | -€193 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €3,243 | €8,460 | +€5,217 | +160.9% |
| Income taxes | 67/77 | €2,636 | €3,383 | +€747 | +28.3% |
| Profit (loss) for the period | 9904 | €607 | €5,077 | +€4,470 | +736.0% |
| Profit (loss) for the period to be appropriated | 9905 | €607 | €5,077 | +€4,470 | +736.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.