CISKA SERVAIS: 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.
CISKA SERVAIS
Largest movements
- Current investments +€548,430
up €548,430 (+42.1%), from €1.3m to €1.9m
- Cash -€291,723
down €291,723 (-38.7%), from €753,767 to €462,044
mainly Current investments (-€548,430) and Contributions, distributions and other (-€153,586)
- Tangible fixed assets -€43,908
down €43,908 (-8.2%), from €533,972 to €490,064
- Receivables within one year +€34,921
up €34,921 (+3,268%), from €1,069 to €35,990
of which Trade receivables: +€32,443
- Reserves +€266,414
up €266,414 (+15.5%), from €1.7m to €2.0m
- Tax, wage and social debts -€29,508
down €29,508 (-10.5%), from €279,788 to €250,280
- Financial income -€112,523
down €112,523 (-78.5%), from €143,318 to €30,795
- Financial charges -€51,162
down €51,162, from €33,789 to -€17,373
- Gross operating margin +€32,008
up €32,008 (+5.2%), from €609,778 to €641,786
- Depreciation +€21,150
up €21,150 (+92.9%), from €22,758 to €43,908
- Taxes -€21,028
down €21,028 (-8.8%), from €239,765 to €218,737
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 | €2,614,133 | €2,863,763 | +€249,629 | +9.5% |
| Fixed assets | 21/28 | €554,639 | €510,731 | -€43,908 | -7.9% |
| Tangible fixed assets | 22/27 | €533,972 | €490,064 | -€43,908 | -8.2% |
| Land and buildings | 22 | €410,628 | €394,261 | -€16,367 | -4.0% |
| Plant, machinery and equipment | 23 | €7,498 | €3,609 | -€3,889 | -51.9% |
| Furniture and vehicles | 24 | €103,863 | €82,524 | -€21,339 | -20.5% |
| Other tangible fixed assets | 26 | €11,984 | €9,670 | -€2,313 | -19.3% |
| Financial fixed assets | 28 | €20,667 | €20,667 | = | 0.0% |
| Current assets | 29/58 | €2,059,494 | €2,353,032 | +€293,538 | +14.3% |
| Amounts receivable within one year | 40/41 | €1,069 | €35,990 | +€34,921 | +3,268% |
| Trade receivables | 40 | €1,069 | €33,512 | +€32,443 | +3,036% |
| Other amounts receivable | 41 | €0 | €2,478 | +€2,478 | |
| Current investments | 50/53 | €1,302,939 | €1,851,369 | +€548,430 | +42.1% |
| Cash at bank and in hand | 54/58 | €753,767 | €462,044 | -€291,723 | -38.7% |
| Deferred charges and accrued income | 490/1 | €1,720 | €3,629 | +€1,910 | +111% |
| Total equity and liabilities | 10/49 | €2,614,133 | €2,863,763 | +€249,629 | +9.5% |
| Equity | 10/15 | €2,162,891 | €2,433,823 | +€270,932 | +12.5% |
| Contributions | 10/11 | €165,000 | €165,000 | = | 0.0% |
| Reserves | 13 | €1,719,470 | €1,985,884 | +€266,414 | +15.5% |
| Distributable reserves | 133 | €1,719,470 | €1,985,884 | +€266,414 | +15.5% |
| Profit (loss) carried forward | 14 | €278,422 | €282,940 | +€4,518 | +1.6% |
| Provisions and deferred taxes | 16 | €160,853 | €160,853 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €160,853 | €160,853 | = | 0.0% |
| Pensions and similar obligations | 160 | €160,853 | €160,853 | = | 0.0% |
| Amounts payable | 17/49 | €290,389 | €269,086 | -€21,303 | -7.3% |
| Amounts payable within one year | 42/48 | €290,389 | €269,086 | -€21,303 | -7.3% |
| Financial debts | 43 | - | €14 | +€14 | |
| Credit institutions | 430/8 | - | €14 | +€14 | |
| Trade debts | 44 | €10,296 | €18,466 | +€8,169 | +79.3% |
| Suppliers | 440/4 | €10,296 | €18,466 | +€8,169 | +79.3% |
| Taxes, remuneration and social security | 45 | €279,788 | €250,280 | -€29,508 | -10.5% |
| Taxes | 450/3 | €279,788 | €250,280 | -€29,508 | -10.5% |
| Other amounts payable | 47/48 | €305 | €327 | +€21 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,758 | €43,908 | +€21,150 | +92.9% |
| Other operating charges | 640/8 | €1,694 | €2,791 | +€1,097 | +64.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €609,778 | €641,786 | +€32,008 | +5.2% |
| Operating profit (loss) | 9901 | €585,326 | €595,087 | +€9,761 | +1.7% |
| Financial income | 75/76B | €143,318 | €30,795 | -€112,523 | -78.5% |
| Recurring financial income | 75 | €143,318 | €30,795 | -€112,523 | -78.5% |
| Financial charges | 65/66B | €33,789 | -€17,373 | -€51,162 | |
| Recurring financial charges | 65 | €33,789 | -€17,373 | -€51,162 | |
| Profit (loss) for the period before taxes | 9903 | €694,855 | €643,255 | -€51,600 | -7.4% |
| Income taxes | 67/77 | €239,765 | €218,737 | -€21,028 | -8.8% |
| Profit (loss) for the period | 9904 | €455,090 | €424,518 | -€30,572 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €455,090 | €424,518 | -€30,572 | -6.7% |
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 16 October 2026 via checked.be.