WS-Service: 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.
WS-Service
Largest movements
- Receivables within one year -€38,123
down €38,123 (-64.8%), from €58,842 to €20,719
- Tangible fixed assets +€26,275
up €26,275 (+4.4%), from €598,807 to €625,082
of which Furniture and vehicles: +€25,237
- Cash -€10,031
down €10,031 (-14.3%), from €70,161 to €60,130
mainly Other debts (-€50,701) and Investment in fixed assets (net) (-€48,115)
- Other debts -€50,701
down €50,701 (-92.9%), from €54,593 to €3,892
- Profit (loss) carried forward +€46,762
up €46,762 (+34.0%), from €137,728 to €184,490
- Debts after one year -€22,231
down €22,231 (-4.6%), from €478,183 to €455,951
- Gross operating margin -€16,937
down €16,937 (-14.5%), from €116,606 to €99,669
- Financial charges +€3,752
up €3,752 (+34.6%), from €10,839 to €14,591
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 | €734,807 | €717,597 | -€17,210 | -2.3% |
| Fixed assets | 21/28 | €598,807 | €625,082 | +€26,275 | +4.4% |
| Tangible fixed assets | 22/27 | €598,807 | €625,082 | +€26,275 | +4.4% |
| Land and buildings | 22 | €581,829 | €580,767 | -€1,063 | -0.2% |
| Plant, machinery and equipment | 23 | €10,409 | €12,510 | +€2,101 | +20.2% |
| Furniture and vehicles | 24 | €6,568 | €31,805 | +€25,237 | +384% |
| Current assets | 29/58 | €136,001 | €92,515 | -€43,485 | -32.0% |
| Stocks and contracts in progress | 3 | €1,370 | €4,242 | +€2,872 | +210% |
| Stocks | 30/36 | €1,370 | €4,242 | +€2,872 | +210% |
| Amounts receivable within one year | 40/41 | €58,842 | €20,719 | -€38,123 | -64.8% |
| Trade receivables | 40 | €58,842 | €20,719 | -€38,123 | -64.8% |
| Cash at bank and in hand | 54/58 | €70,161 | €60,130 | -€10,031 | -14.3% |
| Deferred charges and accrued income | 490/1 | €5,627 | €7,424 | +€1,796 | +31.9% |
| Total equity and liabilities | 10/49 | €734,807 | €717,597 | -€17,210 | -2.3% |
| Equity | 10/15 | €142,728 | €189,490 | +€46,762 | +32.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,728 | €184,490 | +€46,762 | +34.0% |
| Amounts payable | 17/49 | €592,079 | €528,107 | -€63,972 | -10.8% |
| Amounts payable after more than one year | 17 | €478,183 | €455,951 | -€22,231 | -4.6% |
| Financial debts | 170/4 | €478,183 | €455,951 | -€22,231 | -4.6% |
| Amounts payable within one year | 42/48 | €113,896 | €70,390 | -€43,506 | -38.2% |
| Current portion of amounts payable after more than one year | 42 | €21,695 | €22,231 | +€536 | +2.5% |
| Trade debts | 44 | €22,475 | €26,677 | +€4,202 | +18.7% |
| Suppliers | 440/4 | €22,475 | €26,677 | +€4,202 | +18.7% |
| Taxes, remuneration and social security | 45 | €15,134 | €17,590 | +€2,457 | +16.2% |
| Taxes | 450/3 | €13,351 | €16,336 | +€2,985 | +22.4% |
| Remuneration and social security | 454/9 | €1,782 | €1,254 | -€529 | -29.7% |
| Other amounts payable | 47/48 | €54,593 | €3,892 | -€50,701 | -92.9% |
| Accrued charges and deferred income | 492/3 | - | €1,765 | +€1,765 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,333 | €21,840 | -€494 | -2.2% |
| Other operating charges | 640/8 | €4,108 | €3,529 | -€579 | -14.1% |
| Gross operating margin | 9900 | €116,606 | €99,669 | -€16,937 | -14.5% |
| Operating profit (loss) | 9901 | €90,165 | €74,301 | -€15,864 | -17.6% |
| Financial income | 75/76B | €162 | €229 | +€68 | +41.8% |
| Recurring financial income | 75 | €162 | €229 | +€68 | +41.8% |
| Financial charges | 65/66B | €10,839 | €14,591 | +€3,752 | +34.6% |
| Recurring financial charges | 65 | €10,839 | €14,591 | +€3,752 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | €79,487 | €59,939 | -€19,548 | -24.6% |
| Income taxes | 67/77 | €13,665 | €13,177 | -€488 | -3.6% |
| Profit (loss) for the period | 9904 | €65,822 | €46,762 | -€19,060 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,822 | €46,762 | -€19,060 | -29.0% |
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 21 October 2026 via checked.be.