Take Five - Strategic Management Services: what changed
Take Five - Strategic Management Services
Largest movements
- Current investments +€105,000
new in 2025: €105,000
- Deferred charges and accrued income +€18,225
up €18,225 (+1,324%), from €1,376 to €19,602
- Receivables within one year -€9,345
down €9,345 (-14.7%), from €63,685 to €54,339
of which Trade receivables: -€16,030
- Cash -€4,045
down €4,045 (-4.6%), from €88,445 to €84,400
mainly Current investments (-€105,000) and Deferred charges and accrued income (-€18,225)
- Tangible fixed assets -€3,981
down €3,981 (-9.1%), from €43,604 to €39,623
of which Furniture and vehicles: -€2,273
- Reserves +€94,120
up €94,120 (+65.7%), from €143,282 to €237,401
- Other debts +€6,924
up €6,924 (+41.6%), from €16,642 to €23,566
- Trade debts +€4,488
up €4,488 (+87.0%), from €5,159 to €9,647
- Gross operating margin +€14,162
up €14,162 (+11.9%), from €118,999 to €133,161
- Taxes +€5,060
up €5,060 (+20.3%), from €24,971 to €30,032
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,109 | €302,963 | +€105,854 | +53.7% |
| Fixed assets | 21/28 | €43,604 | €39,623 | -€3,981 | -9.1% |
| Tangible fixed assets | 22/27 | €43,604 | €39,623 | -€3,981 | -9.1% |
| Furniture and vehicles | 24 | €14,119 | €11,846 | -€2,273 | -16.1% |
| Other tangible fixed assets | 26 | €29,485 | €27,777 | -€1,708 | -5.8% |
| Current assets | 29/58 | €153,506 | €263,340 | +€109,835 | +71.6% |
| Amounts receivable within one year | 40/41 | €63,685 | €54,339 | -€9,345 | -14.7% |
| Trade receivables | 40 | €45,372 | €29,343 | -€16,030 | -35.3% |
| Other amounts receivable | 41 | €18,313 | €24,997 | +€6,684 | +36.5% |
| Current investments | 50/53 | - | €105,000 | +€105,000 | |
| Cash at bank and in hand | 54/58 | €88,445 | €84,400 | -€4,045 | -4.6% |
| Deferred charges and accrued income | 490/1 | €1,376 | €19,602 | +€18,225 | +1,324% |
| Total equity and liabilities | 10/49 | €197,109 | €302,963 | +€105,854 | +53.7% |
| Equity | 10/15 | €148,282 | €242,401 | +€94,120 | +63.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €143,282 | €237,401 | +€94,120 | +65.7% |
| Distributable reserves | 133 | €143,282 | €237,401 | +€94,120 | +65.7% |
| Amounts payable | 17/49 | €48,827 | €60,562 | +€11,735 | +24.0% |
| Amounts payable within one year | 42/48 | €48,827 | €59,878 | +€11,050 | +22.6% |
| Trade debts | 44 | €5,159 | €9,647 | +€4,488 | +87.0% |
| Suppliers | 440/4 | €5,159 | €9,647 | +€4,488 | +87.0% |
| Taxes, remuneration and social security | 45 | €27,026 | €26,664 | -€362 | -1.3% |
| Taxes | 450/3 | €27,026 | €26,664 | -€362 | -1.3% |
| Other amounts payable | 47/48 | €16,642 | €23,566 | +€6,924 | +41.6% |
| Accrued charges and deferred income | 492/3 | - | €684 | +€684 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,651 | €7,507 | +€856 | +12.9% |
| Other operating charges | 640/8 | €519 | €1,258 | +€739 | +143% |
| Gross operating margin | 9900 | €118,999 | €133,161 | +€14,162 | +11.9% |
| Operating profit (loss) | 9901 | €111,830 | €124,396 | +€12,566 | +11.2% |
| Financial income | 75/76B | €19 | €1 | -€18 | -96.1% |
| Recurring financial income | 75 | €19 | €1 | -€18 | -96.1% |
| Financial charges | 65/66B | €89 | €245 | +€156 | +175% |
| Recurring financial charges | 65 | €89 | €245 | +€156 | +175% |
| Profit (loss) for the period before taxes | 9903 | €111,760 | €124,151 | +€12,392 | +11.1% |
| Income taxes | 67/77 | €24,971 | €30,032 | +€5,060 | +20.3% |
| Profit (loss) for the period | 9904 | €86,788 | €94,120 | +€7,331 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €86,788 | €94,120 | +€7,331 | +8.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.