V-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.
V-SERVICES
Largest movements
- Cash +€19,264
up €19,264 (+22.7%), from €84,856 to €104,120
mainly Tax, wage and social debts (+€12,042) and Receivables within one year (+€5,079)
- Receivables within one year -€5,079
down €5,079 (-35.7%), from €14,210 to €9,131
- Tax, wage and social debts +€12,042
up €12,042 (+18.6%), from €64,878 to €76,920
of which Remuneration and social security: +€11,669
- Profit (loss) carried forward +€1,561
up €1,561 (+3.1%), from €50,127 to €51,688
- Gross operating margin +€49,001
up €49,001 (+10.1%), from €485,771 to €534,772
- Staff costs +€44,754
up €44,754 (+9.2%), from €488,348 to €533,102
- Turnover +€43,836
up €43,836 (+8.6%), from €508,727 to €552,563
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 | €139,725 | €153,496 | +€13,771 | +9.9% |
| Current assets | 29/58 | €139,725 | €153,496 | +€13,771 | +9.9% |
| Amounts receivable after more than one year | 29 | €21,500 | €20,368 | -€1,132 | -5.3% |
| Trade receivables | 290 | €21,500 | €20,368 | -€1,132 | -5.3% |
| Amounts receivable within one year | 40/41 | €14,210 | €9,131 | -€5,079 | -35.7% |
| Trade receivables | 40 | €14,210 | €9,131 | -€5,079 | -35.7% |
| Cash at bank and in hand | 54/58 | €84,856 | €104,120 | +€19,264 | +22.7% |
| Deferred charges and accrued income | 490/1 | €19,159 | €19,877 | +€718 | +3.7% |
| Total equity and liabilities | 10/49 | €139,725 | €153,496 | +€13,771 | +9.9% |
| Equity | 10/15 | €72,132 | €73,693 | +€1,561 | +2.2% |
| Contributions | 10/11 | €20,005 | €20,005 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,127 | €51,688 | +€1,561 | +3.1% |
| Amounts payable | 17/49 | €67,593 | €79,803 | +€12,210 | +18.1% |
| Amounts payable within one year | 42/48 | €67,253 | €79,589 | +€12,336 | +18.3% |
| Trade debts | 44 | €2,375 | €2,669 | +€294 | +12.4% |
| Suppliers | 440/4 | €2,375 | €2,669 | +€294 | +12.4% |
| Taxes, remuneration and social security | 45 | €64,878 | €76,920 | +€12,042 | +18.6% |
| Taxes | 450/3 | €2,360 | €2,733 | +€373 | +15.8% |
| Remuneration and social security | 454/9 | €62,518 | €74,187 | +€11,669 | +18.7% |
| Accrued charges and deferred income | 492/3 | €340 | €214 | -€126 | -37.1% |
| Turnover | 70 | €508,727 | €552,563 | +€43,836 | +8.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €22,956 | €17,791 | -€5,165 | -22.5% |
| Remuneration, social security and pensions | 62 | €488,348 | €533,102 | +€44,754 | +9.2% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €485,771 | €534,772 | +€49,001 | +10.1% |
| Operating profit (loss) | 9901 | -€2,964 | €1,270 | +€4,234 | |
| Financial income | 75/76B | €398 | €416 | +€18 | +4.5% |
| Recurring financial income | 75 | €398 | €416 | +€18 | +4.5% |
| Financial charges | 65/66B | €54 | - | -€54 | |
| Recurring financial charges | 65 | €54 | - | -€54 | |
| Profit (loss) for the period before taxes | 9903 | -€2,620 | €1,686 | +€4,306 | |
| Income taxes | 67/77 | €119 | €125 | +€6 | +5.0% |
| Profit (loss) for the period | 9904 | -€2,739 | €1,561 | +€4,300 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,739 | €1,561 | +€4,300 |
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 12 October 2026 via checked.be.