All - Serve: what changed
Two fiscal 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.
All - Serve
Largest movements
- Cash -€18,542
down €18,542 (-24.9%), from €74,468 to €55,926
mainly Debts after one year (-€17,333) and Receivables after one year (-€11,500)
- Tangible fixed assets -€12,958
down €12,958 (-18.9%), from €68,721 to €55,763
of which Furniture and vehicles: -€13,801
- Receivables after one year +€11,500
up €11,500 (+460.0%), from €2,500 to €14,000
- Receivables within one year +€5,547
up €5,547 (+54.2%), from €10,238 to €15,785
of which Trade receivables: +€5,661
- Debts after one year -€17,333
down €17,333 (-45.1%), from €38,457 to €21,124
- Reserves +€5,032
up €5,032 (+7.7%), from €65,241 to €70,273
- Tax, wage and social debts -€1,627
down €1,627 (-5.6%), from €29,000 to €27,372
- Gross operating margin -€94,059
down €94,059 (-75.1%), from €125,297 to €31,238
- Taxes -€15,503
down €15,503 (-87.4%), from €17,747 to €2,243
- Depreciation -€13,830
down €13,830 (-39.6%), from €34,887 to €21,058
- Financial charges -€3,491
down €3,491 (-61.9%), from €5,637 to €2,146
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 | €155,927 | €141,474 | -€14,452 | -9.3% |
| Fixed assets | 21/28 | €68,721 | €55,763 | -€12,958 | -18.9% |
| Tangible fixed assets | 22/27 | €68,721 | €55,763 | -€12,958 | -18.9% |
| Plant, machinery and equipment | 23 | €4,801 | €6,898 | +€2,096 | +43.7% |
| Furniture and vehicles | 24 | €52,107 | €38,306 | -€13,801 | -26.5% |
| Other tangible fixed assets | 26 | €11,812 | €10,559 | -€1,253 | -10.6% |
| Current assets | 29/58 | €87,206 | €85,711 | -€1,495 | -1.7% |
| Amounts receivable after more than one year | 29 | €2,500 | €14,000 | +€11,500 | +460.0% |
| Other amounts receivable | 291 | €2,500 | €14,000 | +€11,500 | +460.0% |
| Amounts receivable within one year | 40/41 | €10,238 | €15,785 | +€5,547 | +54.2% |
| Trade receivables | 40 | €10,124 | €15,785 | +€5,661 | +55.9% |
| Other amounts receivable | 41 | €114 | - | -€114 | |
| Cash at bank and in hand | 54/58 | €74,468 | €55,926 | -€18,542 | -24.9% |
| Total equity and liabilities | 10/49 | €155,927 | €141,474 | -€14,452 | -9.3% |
| Equity | 10/15 | €70,241 | €75,273 | +€5,032 | +7.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | - | €5,000 | +€5,000 | |
| Other | 1109/19 | - | €5,000 | +€5,000 | |
| Reserves | 13 | €65,241 | €70,273 | +€5,032 | +7.7% |
| Distributable reserves | 133 | €65,241 | €70,273 | +€5,032 | +7.7% |
| Amounts payable | 17/49 | €85,686 | €66,202 | -€19,484 | -22.7% |
| Amounts payable after more than one year | 17 | €38,457 | €21,124 | -€17,333 | -45.1% |
| Financial debts | 170/4 | €38,457 | €21,124 | -€17,333 | -45.1% |
| Amounts payable within one year | 42/48 | €47,228 | €45,077 | -€2,151 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €16,649 | €17,333 | +€684 | +4.1% |
| Trade debts | 44 | - | €168 | +€168 | |
| Suppliers | 440/4 | - | €168 | +€168 | |
| Taxes, remuneration and social security | 45 | €29,000 | €27,372 | -€1,627 | -5.6% |
| Taxes | 450/3 | €29,000 | €27,372 | -€1,627 | -5.6% |
| Other amounts payable | 47/48 | €1,580 | €203 | -€1,377 | -87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,887 | €21,058 | -€13,830 | -39.6% |
| Other operating charges | 640/8 | €1,848 | €965 | -€883 | -47.8% |
| Gross operating margin | 9900 | €125,297 | €31,238 | -€94,059 | -75.1% |
| Operating profit (loss) | 9901 | €88,562 | €9,215 | -€79,346 | -89.6% |
| Financial income | 75/76B | €63 | €206 | +€144 | +230.0% |
| Recurring financial income | 75 | €63 | €206 | +€144 | +230.0% |
| Financial charges | 65/66B | €5,637 | €2,146 | -€3,491 | -61.9% |
| Recurring financial charges | 65 | €5,637 | €2,146 | -€3,491 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €82,987 | €7,275 | -€75,712 | -91.2% |
| Income taxes | 67/77 | €17,747 | €2,243 | -€15,503 | -87.4% |
| Profit (loss) for the period | 9904 | €65,241 | €5,032 | -€60,209 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,241 | €5,032 | -€60,209 | -92.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.