<PAGE>   1

                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                   FORM 10-QSB

        [X] QUARTERLY REPORT UNDER SECTION 13 or 15(d) OF THE SECURITIES
            EXCHANGE ACT OF 1934 FOR THE PERIOD ENDED MARCH 31, 2000

        [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
            EXCHANGE ACT OF 1934


                        Commission file number: 000-25675


                      COMBINED PROFESSIONAL SERVICES, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

        Nevada                                            88-0346441
(State of Organization)                     (I.R.S. Employer Identification No.)

                      1004 Coral Isle, Las Vegas, NV 89018
                    (Address of Principal Executive Offices)

       Registrant's Telephone Number, Including Area Code: (702) 217-1921

        Check whether the issuer: (1) has filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days.

Yes [ ]        No  [X]


State the aggregate market value of the voting stock held by non-affiliates of
the registrant. The aggregate market value shall be computed by reference to the
price at which the stock was sold, or the average bid and asked prices of such
stock, as of a specified date within 60 days prior to the date of filings. (See
definition of affiliate in Rule 405)

The aggregate market value of the voting stock held by non-affiliates of the
registrant is $_________.

Note: If a determination as to whether a particular person or entity is an
affiliate cannot be made without involving unreasonable effort and expense, the
aggregate market value


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of the common stock held by non-affiliates may be calculated on the basis of
assumptions reasonable under the circumstances, provided that the assumptions
are set forth in this form.

        2,200,000 Common Shares, $0.001 Par Value, Issued and Outstanding

          Transitional Small Business Disclosure Format: Yes [ ]No [X]

                                     PART I

Item 1. Financial Statements

        Independent Auditor's Report dated May 11, 2000

        Financial Statements

               Balance Sheet
               Statement of Operations
               Statement of Stockholders' Equity
               Statement of Cash Flows
               Notes to Financial Statements


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                              KURT D. SALIGER, CPA
                           Certified Public Accountant

                          INDEPENDENT AUDITOR'S REPORT

Board of Directors
Combined Professional Services, Inc.
Las Vegas,  Nevada


                I have audited the accompanying balance sheet of Combined
        Professional Services, Inc., (a development stage company), as of March
        31, 2000; and the related statement of operations, stockholders' equity
        and cash flows for the period ended March 31, 2000. These financial
        statements are the responsibility of the Company's management. My
        responsibility is to express an opinion on these financial statements
        based on my audit.

                I conducted my audit in accordance with generally accepted
        auditing standards. Those standards require that I plan and perform the
        audit to obtain reasonable assurance about whether the financial
        statements are free of material misstatement. An audit includes
        examining, on a test basis, evidence supporting the amounts and
        disclosures in the financial statements. An audit also includes
        assessing the accounting principles used and significant estimates made
        by management, as well as evaluating the overall financial statement
        presentation. I believe that my audit provides a reasonable basis for my
        opinion.

                In my opinion, the financial statements referred to above
        present fairly, in all material respects, the financial position of
        Combined Professional Services, Inc., at March 31, 2000; and the results
        of operations and their cash flows for the three months ended March 31,
        2000 in conformity with generally accepted accounting principles.

        The accompanying financial statements have been prepared assuming the
Company will continue as a going concern. As discussed in Note 3 to the
financial statements, the Company has had no operations and has no established
source of revenue. This raises substantial doubt about its ability to continue
as a going concern. Management's plan in regard to these matters are also
described in Note 3. The financial statements do not include adjustments that
might result from the outcome of this uncertainty.

      /s/
   Kurt D. Saliqer C.P.A.
   Las Vegas, Nevada
   May 11, 2000


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                      Combined Professional Services, Inc.
                          (A Development Stage Company)
                                  BALANCE SHEET
                                 March 31, 2000

                                     ASSETS

<TABLE>
<CAPTION>
<S>                                                                <C>
CURRENT ASSETS
               Cash                                                $ 390.00
               Accounts Receivable                                 $      0
                                                                   --------
               TOTAL CURRENT ASSETS
                                                                   $ 390.00
                                                                   --------
                      TOTAL ASSETS                                 $ 390.00
                                                                   ========

                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
               Accounts Payable                                    $  8,715
                                                                   --------
               TOTAL CURRENT LIABILITIES
                                                                   $  8,715

STOCKHOLDERS' EQUITY
                Common Stock, $.001 par value
                authorized 50,000,000 shares;
                issued and outstanding at
                March 31, 2000
                2,200,000 shares                                   $    220

                Additional Paid in Capital                         $ 10,735

                Deficit Accumulated During
                Development Stage                                  ($19,280)
                                                                   --------
                TOTAL STOCKHOLDERS' EQUITY                         ($ 8,325)
                                                                   --------
                      TOTAL LIABILITIES AND
                      STOCKHOLDERS' EQUITY                         $ 390.00
                                                                   ========
</TABLE>


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                      COMBINED PROFESSIONAL SERVICES, INC.
                          (A Development Stage Company)
                             STATEMENT OF OPERATIONS
                        January 1, 2000 to March 31, 2000

                                                                October 11, 1995
                                                                     (Inception)
                                                               to March 31, 2000

<TABLE>
<CAPTION>
<S>                      <C>               <C>
INCOME
Revenue                  $         0       $    10,609
                         -----------       -----------
TOTAL INCOME             $         0       $    10,609

EXPENSES

General and
     Administrative      $     4,052       $    29,889
                         -----------       -----------

TOTAL EXPENSES           $     4,052       $    29,889
                         -----------       -----------
NET PROFIT (LOSS)        ($    4,052)      ($   19,280)
                         ===========       ===========

NET PROFIT (LOSS)
PER SHARE                ($   0.0018)      ($   0.0088)
                         ===========       ===========

AVERAGE NUMBER OF
SHARES OF COMMON
STOCK OUTSTANDING          2,200,000         2,200,000
                         ===========       ===========
</TABLE>


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                      COMBINED PROFESSIONAL SERVICES, INC.
                          (A Development Stage Company)
                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
                                 March 31, 2000

                                  Common Stock
                                  ------------
<TABLE>
<CAPTION>
                                                                          (Deficit)
                                                                          Accumulated
                                   Number                   Additional    During
                                   Of                       Paid In       Development
                                   Shares        Amount     Capital       Stage
                                   ----------    ------     ----------    -----------
<S>                                <C>           <C>        <C>           <C>
October 1995
issued for cash (Note 2)              49,500     $  49      $  1,050

Net Income, 10-11-95
(inception) to 12-31-95                                                   $      0
                                   ---------     -----      --------      --------
Balance, Dec. 31, 1995                49,000     $  49      $  1,051      $      0

Net (Loss), 12-31-96                                                      $ (1,100)
                                   ---------     -----      --------      --------
Balance, Dec. 31, 1996                49,000     $  49      $  1,051      $ (1,100)

Net Income, 12-31-97                                                      $      0
                                   ---------     -----      --------      --------
Balance Dec. 31, 1997                 49,000     $  49      $  1,051      $ (1,100)

July 13, 1998
Treasury Stock                      (-29,000)    $ (29)     $   (116)

July 20, 1998
Forward Stock Split 100:1          2,000,000

August 11, 1998
Issued for Cash                      200,000     $ 200      $  9,800

Net (Loss), 12-31-98                                                      $ (9,819)
Net (Loss), 12-31-99                                                      $ (4,309)
Net (Loss), 03-31-00                                                      $ (4,052)
                                   ---------     -----      --------      --------
Balance
    March 31, 2000                 2,200,000     $ 220      $ 10,735      $(19,280)
                                   =========     =====      ========      ========
</TABLE>


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                      COMBINED PROFESSIONAL SERVICES, INC.
                          (A Development Stage Company)
                             STATEMENT OF CASH FLOWS

<TABLE>
<CAPTION>
                                     Jan. 1, 2000         Oct. 11, 1995
                                     to                   (inception)
                                     Mar. 31, 2000        Mar. 31, 2000
                                     -------------        -------------
<S>                                  <C>                  <C>
CASH FLOWS FROM
FROM OPERATING ACTIVITIES

Net (Loss)                           $ (4,502)            $(19,280)
Accounts Receivable                  $      0             $      0
Accounts Payable                     $  3,900             $  8,715

CASH FLOWS FROM
FROM OPERATING ACTIVITIES

Issue Common Stock                   $      0             $ 11,100
Treasury Stock                       $      0             $   (145)
                                     --------             --------

Net increase
(decrease) in cash                   $   (152)            $    390

Cash, Beginning of Period            $    542             $      0
                                     --------             --------
Cash, End of Period                  $    390             $    390
                                     ========             ========
</TABLE>


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                      COMBINED PROFESSIONAL SERVICES, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                 October 11, 1995 (inception) to March 31, 2000

NOTE 1 - ORGANIZATION AND ACCOUNTING POLICIES

        The Company was incorporated on October 11, 1995, under the laws of the
State of Nevada. The Company was organized to engage in any lawful activity. The
Company currently has no operations and, in accordance with SFAS #7, is
considered a development stage company.

        The Company has not determined its accounting policies and procedures,
except as follows:

        1. The Company uses the accrual method of accounting.

        2. Earnings per share is computed using the weighted average number of
shares of common stock outstanding.

        3. The Company has not yet adopted any policy regarding payment of
dividends. No dividends have been paid since inception.

NOTE 2 - ISSUANCE OF COMMON STOCK

        The Company issued 49,000 shares of common stock for cash of $1,100 in
October 1995. The Company also issued 200,000 shares of common stock for cash of
$10,000 in August 1998.

NOTE 3 - GOING CONCERN

        The Company's financial statements are prepared using the generally
accepted accounting principles applicable to a going concern, which contemplates
the realization of assets and liquidation of liabilities in the normal course of
business. However, the Company has no current source of revenue. Without
realization of additional capital, it would be unlikely for the Company to
continue as a going concern.

NOTE 4 - WARRANTS AND OPTIONS

        There are no warrants or options outstanding to acquire any additional
shares of common stock.


<PAGE>   9


ITEM 2. MANAGEMENTS' DISCUSSION AND ANALYSIS

This statement includes projections of future results and "forward looking
statements" as that term is defined in Section 27A of the Securities Act of 1933
as amended (the "Securities Act"), and Section 21E of the Securities Exchange
Act of 1934 as amended (the "Exchange Act"). All statements that are included in
this Quarterly Report, other than statements of historical fact, are forward
looking statements. Although management believes that the expectations reflected
in these forward looking statements are reasonable, it can give no assurance
that such expectations will prove to have been correct. Important factors that
could cause actual results to differ materially from the expectations are
disclosed in the Registration Statement.

The Company was originally developed to provide secretarial services to other
companies. The Company was unable to secure financing to complete this endeavor,
and its original business plan was abandoned. The primary activity of the
Company currently involves seeking a company or companies that it can acquire or
with whom it can merge. The Company has not selected any company as an
acquisition target or merger partner and does not intend to limit potential
candidates to any particular field or industry, but does retain the right to
limit candidates, if it so chooses, to a particular field or industry. The
Company's plans are in the conceptual stage only.

The Board of Directors has elected to begin implementing the Company's principal
business purpose, described in Item 2 of the Amended Registration Statement. As
such, the Company can be defined as a "shell" company, whose sole purpose at
this time is to locate and consummate a merger or acquisition with a private
entity.

The proposed business activities described herein classify the Company as a
"blank check" company. Many states have enacted statutes, rules and regulations
limiting the sale of securities of "blank check" companies in their respective
jurisdictions. Management does not intend to undertake any efforts to cause a
market to develop in the Company's securities until such time as the Company has
successfully implemented its business plan.

The Company's business is subject to numerous risk factors, including the
following:

NO OPERATING HISTORY OR REVENUE AND MINIMAL ASSETS. The Company has had no
operating history and has received no revenues or earnings from operations. The
Company has no significant assets or financial resources. The Company will, in
all likelihood, sustain operating expenses without


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corresponding revenues, at least until it completes a business combination. This
may result in the Company incurring a net operating loss which will increase
continuously until the Company completes a business combination with a
profitable business opportunity. There is no assurance that the Company will
identify a business opportunity or complete a business combination.

SPECULATIVE NATURE OF COMPANY'S PROPOSED OPERATIONS. The success of the
Company's proposed plan of operation will depend to a great extent on the
operations, financial condition, and management of the identified business
opportunity. While management intends to seek business combinations with
entities having established operating histories, it cannot assure that the
Company will successfully locate candidates meeting such criteria. In the event
the Company completes a business combination, the success of the Company's
operations may be dependent upon management of the successor firm or venture
partner firm together with numerous other factors beyond the Company's control.

                                     PART II
                                OTHER INFORMATION

ITEM 1.        LEGAL PROCEEDINGS

               Inapplicable/None

ITEM 2.        CHANGES IN SECURITIES

               Inapplicable/None

ITEM 3.        DEFAULTS UPON SENIOR NOTES

               Inapplicable/None

ITEM 4.        SUBMISSION OF MATTERS TO A VOTE OF SECURITY
               HOLDERS

               Inapplicable/None

ITEM 5.        OTHER INFORMATION

               Inapplicable/None

ITEM 6.        EXHIBITS AND REPORTS OF FORM 8-K

               Inapplicable/None

A.             EXHIBITS


               Exhibit Number          Status        Title
               ---------------         --------      --------

<PAGE>   11
<TABLE>
<S>                                    <C>           <C>
               3(i)                    (*)           Articles of Incorporation
               3(ii)                   (*)           By-laws
               10                      (*)           Material Contracts
               23 [prior]              (*)           Consents of Experts and
                                                     Counsel
               23 [current]            (**)          Consents of Experts and
                                                     Counsel
               24                      (**)          Power of Attorney
               27                      (**)          Financial Data Schedule
</TABLE>

---------------

(*) Previously provided as an exhibit to the Company's Registration Statement


(**) Provided herewith

---------------

B. REPORTS on FORM 8-K

   Inapplicable/None


                                   SIGNATURES

        In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                            COMBINED PROFESSIONAL SERVICES, INC.

                                            By: /s/ CATHY SOUERS
                                                --------------------------------
                                                Cathy Souers
                                                Its President

May 18, 2000