World 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.
World Services
Largest movements
- Cash -€44,139
down €44,139 (-47.8%), from €92,430 to €48,291
mainly Receivables within one year (-€33,562) and Net result for the year (-€25,717)
- Receivables within one year +€33,562
up €33,562 (+24.1%), from €139,004 to €172,566
of which Trade receivables: +€35,254
- Tangible fixed assets +€3,546
up €3,546 (+101%), from €3,498 to €7,043
- Profit (loss) carried forward -€23,289
down €23,289 (-97.2%), from €23,964 to €674
- Trade debts +€19,644
up €19,644 (+15.6%), from €125,878 to €145,522
- Reserves -€2,428
down €2,428 (-4.8%), from €50,428 to €48,000
- Gross operating margin -€89,893
down €89,893, from €68,748 to -€21,145
- Taxes -€17,846
down €17,846 (-97.9%), from €18,228 to €382
- Write-downs -€6,360
no longer reported in 2025 (was €6,360)
- Other operating charges -€2,398
down €2,398 (-70.0%), from €3,428 to €1,030
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 | €236,727 | €228,429 | -€8,298 | -3.5% |
| Fixed assets | 21/28 | €3,498 | €7,573 | +€4,075 | +117% |
| Tangible fixed assets | 22/27 | €3,498 | €7,043 | +€3,546 | +101% |
| Furniture and vehicles | 24 | €3,498 | €7,043 | +€3,546 | +101% |
| Financial fixed assets | 28 | - | €529 | +€529 | |
| Current assets | 29/58 | €233,230 | €220,857 | -€12,373 | -5.3% |
| Amounts receivable within one year | 40/41 | €139,004 | €172,566 | +€33,562 | +24.1% |
| Trade receivables | 40 | €137,311 | €172,566 | +€35,254 | +25.7% |
| Other amounts receivable | 41 | €1,693 | - | -€1,693 | |
| Cash at bank and in hand | 54/58 | €92,430 | €48,291 | -€44,139 | -47.8% |
| Deferred charges and accrued income | 490/1 | €1,796 | - | -€1,796 | |
| Total equity and liabilities | 10/49 | €236,727 | €228,429 | -€8,298 | -3.5% |
| Equity | 10/15 | €80,591 | €54,874 | -€25,717 | -31.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,428 | €48,000 | -€2,428 | -4.8% |
| Distributable reserves | 133 | €50,428 | €48,000 | -€2,428 | -4.8% |
| Profit (loss) carried forward | 14 | €23,964 | €674 | -€23,289 | -97.2% |
| Amounts payable | 17/49 | €156,136 | €173,555 | +€17,419 | +11.2% |
| Amounts payable within one year | 42/48 | €156,136 | €173,555 | +€17,419 | +11.2% |
| Trade debts | 44 | €125,878 | €145,522 | +€19,644 | +15.6% |
| Suppliers | 440/4 | €125,878 | €145,522 | +€19,644 | +15.6% |
| Taxes, remuneration and social security | 45 | €22,727 | €20,574 | -€2,153 | -9.5% |
| Taxes | 450/3 | €21,564 | €14,733 | -€6,831 | -31.7% |
| Remuneration and social security | 454/9 | €1,163 | €5,840 | +€4,678 | +402% |
| Other amounts payable | 47/48 | €7,531 | €7,459 | -€72 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,948 | €2,423 | +€475 | +24.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,360 | - | -€6,360 | |
| Other operating charges | 640/8 | €3,428 | €1,030 | -€2,398 | -70.0% |
| Gross operating margin | 9900 | €68,748 | -€21,145 | -€89,893 | |
| Operating profit (loss) | 9901 | €57,012 | -€24,598 | -€81,610 | |
| Financial income | 75/76B | €4 | €7 | +€4 | +107% |
| Recurring financial income | 75 | €4 | €7 | +€4 | +107% |
| Financial charges | 65/66B | €996 | €744 | -€252 | -25.3% |
| Recurring financial charges | 65 | €996 | €744 | -€252 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €56,019 | -€25,335 | -€81,354 | |
| Income taxes | 67/77 | €18,228 | €382 | -€17,846 | -97.9% |
| Profit (loss) for the period | 9904 | €37,791 | -€25,717 | -€63,508 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,791 | -€25,717 | -€63,508 |
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 13 October 2026 via checked.be.