dc SERV: 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.
dc SERV
Largest movements
- Cash -€64,119
down €64,119 (-60.2%), from €106,590 to €42,471
mainly Net result for the year (-€39,400) and Investment in fixed assets (net) (-€28,219)
- Tangible fixed assets +€14,449
up €14,449 (+10.1%), from €143,520 to €157,969
of which Land and buildings: +€12,536
- Deferred charges and accrued income -€4,454
no longer reported in 2025 (was €4,454)
- Reserves -€39,400
down €39,400 (-24.0%), from €163,887 to €124,487
- Tax, wage and social debts -€15,077
down €15,077 (-96.6%), from €15,604 to €527
- Gross operating margin -€74,516
down €74,516, from €57,276 to -€17,241
- Taxes -€14,833
no longer reported in 2025 (was €14,833)
- Financial income -€4,370
down €4,370 (-92.3%), from €4,736 to €366
- Financial charges +€2,287
up €2,287 (+93.2%), from €2,454 to €4,741
- Depreciation +€1,641
up €1,641 (+13.5%), from €12,129 to €13,770
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 | €257,673 | €205,232 | -€52,441 | -20.4% |
| Fixed assets | 21/28 | €143,520 | €157,969 | +€14,449 | +10.1% |
| Tangible fixed assets | 22/27 | €143,520 | €157,969 | +€14,449 | +10.1% |
| Land and buildings | 22 | €143,520 | €156,056 | +€12,536 | +8.7% |
| Furniture and vehicles | 24 | - | €1,913 | +€1,913 | |
| Current assets | 29/58 | €114,154 | €47,263 | -€66,891 | -58.6% |
| Amounts receivable within one year | 40/41 | €3,110 | €4,792 | +€1,682 | +54.1% |
| Trade receivables | 40 | €2,485 | €2,514 | +€29 | +1.2% |
| Other amounts receivable | 41 | €625 | €2,278 | +€1,653 | +264% |
| Cash at bank and in hand | 54/58 | €106,590 | €42,471 | -€64,119 | -60.2% |
| Deferred charges and accrued income | 490/1 | €4,454 | - | -€4,454 | |
| Total equity and liabilities | 10/49 | €257,673 | €205,232 | -€52,441 | -20.4% |
| Equity | 10/15 | €182,487 | €143,087 | -€39,400 | -21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,887 | €124,487 | -€39,400 | -24.0% |
| Distributable reserves | 133 | €163,887 | €124,487 | -€39,400 | -24.0% |
| Amounts payable | 17/49 | €75,186 | €62,145 | -€13,042 | -17.3% |
| Amounts payable within one year | 42/48 | €75,186 | €62,145 | -€13,042 | -17.3% |
| Trade debts | 44 | €167 | €676 | +€509 | +306% |
| Suppliers | 440/4 | €167 | €676 | +€509 | +306% |
| Taxes, remuneration and social security | 45 | €15,604 | €527 | -€15,077 | -96.6% |
| Taxes | 450/3 | €15,604 | €527 | -€15,077 | -96.6% |
| Other amounts payable | 47/48 | €59,415 | €60,942 | +€1,526 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,129 | €13,770 | +€1,641 | +13.5% |
| Other operating charges | 640/8 | €2,543 | €4,014 | +€1,470 | +57.8% |
| Gross operating margin | 9900 | €57,276 | -€17,241 | -€74,516 | |
| Operating profit (loss) | 9901 | €42,604 | -€35,024 | -€77,628 | |
| Financial income | 75/76B | €4,736 | €366 | -€4,370 | -92.3% |
| Recurring financial income | 75 | €4,736 | €366 | -€4,370 | -92.3% |
| Financial charges | 65/66B | €2,454 | €4,741 | +€2,287 | +93.2% |
| Recurring financial charges | 65 | €2,454 | €4,741 | +€2,287 | +93.2% |
| Profit (loss) for the period before taxes | 9903 | €44,885 | -€39,400 | -€84,285 | |
| Income taxes | 67/77 | €14,833 | - | -€14,833 | |
| Profit (loss) for the period | 9904 | €30,052 | -€39,400 | -€69,452 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,052 | -€39,400 | -€69,452 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.