TECHNICAL SERVICES & MANAGEMENT: 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.
TECHNICAL SERVICES & MANAGEMENT
Largest movements
- Receivables within one year -€33,055
down €33,055 (-44.8%), from €73,861 to €40,806
- Tangible fixed assets -€29,580
down €29,580 (-21.8%), from €135,780 to €106,200
of which Furniture and vehicles: -€20,374
- Cash +€2,662
up €2,662 (+4,662%), from €57 to €2,719
mainly Receivables within one year (+€33,055) and Depreciation (+€31,130)
- Short-term financial debts -€37,703
no longer reported in 2025 (was €37,703)
- Debts after one year -€29,068
down €29,068 (-61.2%), from €47,495 to €18,427
- Other debts +€3,166
up €3,166 (+3.5%), from €89,216 to €92,381
- Gross operating margin -€26,843
down €26,843 (-39.1%), from €68,717 to €41,875
- Financial charges -€2,006
down €2,006 (-25.7%), from €7,803 to €5,797
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
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 | €210,910 | €150,887 | -€60,022 | -28.5% |
| Fixed assets | 21/28 | €135,780 | €106,200 | -€29,580 | -21.8% |
| Tangible fixed assets | 22/27 | €135,780 | €106,200 | -€29,580 | -21.8% |
| Land and buildings | 22 | €68,491 | €56,965 | -€11,526 | -16.8% |
| Plant, machinery and equipment | 23 | - | €2,320 | +€2,320 | |
| Furniture and vehicles | 24 | €67,289 | €46,915 | -€20,374 | -30.3% |
| Current assets | 29/58 | €75,130 | €44,687 | -€30,443 | -40.5% |
| Amounts receivable within one year | 40/41 | €73,861 | €40,806 | -€33,055 | -44.8% |
| Trade receivables | 40 | €73,861 | €40,806 | -€33,055 | -44.8% |
| Cash at bank and in hand | 54/58 | €57 | €2,719 | +€2,662 | +4,662% |
| Deferred charges and accrued income | 490/1 | €1,212 | €1,161 | -€50 | -4.1% |
| Total equity and liabilities | 10/49 | €210,910 | €150,887 | -€60,022 | -28.5% |
| Equity | 10/15 | -€1,849 | -€837 | +€1,012 | +54.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€16,109 | -€15,097 | +€1,012 | +6.3% |
| Amounts payable | 17/49 | €212,759 | €151,724 | -€61,035 | -28.7% |
| Amounts payable after more than one year | 17 | €47,495 | €18,427 | -€29,068 | -61.2% |
| Financial debts | 170/4 | €47,495 | €18,427 | -€29,068 | -61.2% |
| Amounts payable within one year | 42/48 | €165,263 | €133,297 | -€31,967 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €28,290 | €29,068 | +€778 | +2.7% |
| Financial debts | 43 | €37,703 | - | -€37,703 | |
| Credit institutions | 430/8 | €37,703 | - | -€37,703 | |
| Trade debts | 44 | €1,509 | €2,506 | +€997 | +66.1% |
| Suppliers | 440/4 | €1,509 | €2,506 | +€997 | +66.1% |
| Taxes, remuneration and social security | 45 | €8,546 | €9,341 | +€795 | +9.3% |
| Taxes | 450/3 | €8,546 | €9,341 | +€795 | +9.3% |
| Other amounts payable | 47/48 | €89,216 | €92,381 | +€3,166 | +3.5% |
| Remuneration, social security and pensions | 62 | €152 | - | -€152 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,801 | €31,130 | -€671 | -2.1% |
| Other operating charges | 640/8 | €2,704 | €2,350 | -€353 | -13.1% |
| Gross operating margin | 9900 | €68,717 | €41,875 | -€26,843 | -39.1% |
| Operating profit (loss) | 9901 | €34,061 | €8,394 | -€25,667 | -75.4% |
| Financial income | 75/76B | €1 | €4 | +€3 | +219% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +219% |
| Financial charges | 65/66B | €7,803 | €5,797 | -€2,006 | -25.7% |
| Recurring financial charges | 65 | €7,803 | €5,797 | -€2,006 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €26,259 | €2,601 | -€23,658 | -90.1% |
| Income taxes | 67/77 | €2,221 | €1,589 | -€633 | -28.5% |
| Profit (loss) for the period | 9904 | €24,038 | €1,012 | -€23,025 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,038 | €1,012 | -€23,025 | -95.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.