TS Services: what changed
What changed
TS Services
filed annual accounts (NBB)
Net result for the year
€62,108
2024 · -€18,162+€80,270
Equity
€87,531
2024 · €25,423+€62,108
Cash
€76,926
2024 · €82,528-€5,602
Balance sheet total
€504,233
2024 · €569,395-€65,162
Largest movements
Assets
- Tangible fixed assets -€58,225
down €58,225 (-12.0%), from €483,712 to €425,486
Equity and liabilities
- Other debts -€100,000
down €100,000 (-20.2%), from €494,772 to €394,772
- Profit (loss) carried forward +€62,108
up €62,108 (+1,649%), from €3,766 to €65,874
- Provisions -€30,000
down €30,000 (-100%), from €30,000 to €0
Income statement
- Turnover +€54,614
up €54,614 (+86.0%), from €63,499 to €118,113
- Taxes +€4,648
up €4,648 (+573,857%), from €1 to €4,649
- Financial charges -€1,244
down €1,244 (-95.9%), from €1,298 to €54
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.
Result 2024
-€18,162
Turnover
+€54,614
Services and other goods
-€540
Other operating charges
-€495
Other operating items
+€30,000
Financial income
+€95
Financial charges
+€1,244
Taxes
-€4,648
Result 2025
€62,108
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€5,602
Investment
€0
Financing
€0
Cash 2024
€82,528
From operations (derived)
-€5,602
Net result for the year
+€62,108
Depreciation
+€58,225
Receivables within one year
-€352
Deferred charges and accrued income
+€1,687
Provisions
-€30,000
Trade debts
+€2,680
Other debts
-€100,000
Accrued charges and deferred income
+€50
Cash 2025
€76,926
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €569,395 | €504,233 | -€65,162 | -11.4% |
| Fixed assets | 21/28 | €483,712 | €425,486 | -€58,225 | -12.0% |
| Tangible fixed assets | 22/27 | €483,712 | €425,486 | -€58,225 | -12.0% |
| Land and buildings | 22 | €483,712 | €425,486 | -€58,225 | -12.0% |
| Current assets | 29/58 | €85,683 | €78,747 | -€6,936 | -8.1% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €0 | €352 | +€352 | |
| Other amounts receivable | 41 | €0 | €352 | +€352 | |
| Cash at bank and in hand | 54/58 | €82,528 | €76,926 | -€5,602 | -6.8% |
| Deferred charges and accrued income | 490/1 | €3,155 | €1,468 | -€1,687 | -53.5% |
| Total equity and liabilities | 10/49 | €569,395 | €504,233 | -€65,162 | -11.4% |
| Equity | 10/15 | €25,423 | €87,531 | +€62,108 | +244% |
| Contributions | 10/11 | €20,759 | €20,759 | = | 0.0% |
| Reserves | 13 | €897 | €897 | = | 0.0% |
| Distributable reserves | 133 | €897 | €897 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,766 | €65,874 | +€62,108 | +1,649% |
| Provisions and deferred taxes | 16 | €30,000 | €0 | -€30,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €30,000 | €0 | -€30,000 | -100% |
| Major repairs and maintenance | 162 | €30,000 | €0 | -€30,000 | -100% |
| Amounts payable | 17/49 | €513,972 | €416,702 | -€97,270 | -18.9% |
| Amounts payable after more than one year | 17 | €16,500 | €16,500 | = | 0.0% |
| Other amounts payable | 178/9 | €16,500 | €16,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €494,772 | €397,452 | -€97,320 | -19.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | - | €2,680 | +€2,680 | |
| Suppliers | 440/4 | - | €2,680 | +€2,680 | |
| Other amounts payable | 47/48 | €494,772 | €394,772 | -€100,000 | -20.2% |
| Accrued charges and deferred income | 492/3 | €2,700 | €2,750 | +€50 | +1.9% |
| Operating income | 70/76A | €63,499 | €148,113 | +€84,614 | +133% |
| Turnover | 70 | €63,499 | €118,113 | +€54,614 | +86.0% |
| Non-recurring operating income | 76A | - | €30,000 | +€30,000 | |
| Operating charges | 60/66A | €80,365 | €81,399 | +€1,034 | +1.3% |
| Services and other goods | 61 | €6,266 | €6,805 | +€540 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,225 | €58,225 | = | 0.0% |
| Other operating charges | 640/8 | €15,874 | €16,369 | +€495 | +3.1% |
| Operating profit (loss) | 9901 | -€16,866 | €66,714 | +€83,579 | |
| Financial income | 75/76B | €3 | €97 | +€95 | +3,477% |
| Recurring financial income | 75 | €3 | €97 | +€95 | +3,477% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €3 | €5 | +€2 | +71.0% |
| Other financial income | 752/9 | - | €93 | +€93 | |
| Financial charges | 65/66B | €1,298 | €54 | -€1,244 | -95.9% |
| Recurring financial charges | 65 | €1,298 | €54 | -€1,244 | -95.9% |
| Debt charges | 650 | €1,177 | €0 | -€1,177 | -100% |
| Other financial charges | 652/9 | €121 | €54 | -€67 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,161 | €66,757 | +€84,918 | |
| Income taxes | 67/77 | €1 | €4,649 | +€4,648 | +573,857% |
| Taxes | 670/3 | €1 | €4,649 | +€4,648 | +573,857% |
| Profit (loss) for the period | 9904 | -€18,162 | €62,108 | +€80,270 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,162 | €62,108 | +€80,270 |
Next steps
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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 2 November 2026 via checked.be.