MENUISERIE SERVATY: 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.
MENUISERIE SERVATY
Largest movements
- Cash +€33,295
up €33,295 (+86.2%), from €38,611 to €71,906
mainly Depreciation (+€35,560) and Receivables within one year (+€23,899)
- Tangible fixed assets -€28,700
down €28,700 (-17.2%), from €166,410 to €137,711
- Receivables within one year -€23,899
down €23,899 (-22.1%), from €108,077 to €84,178
of which Trade receivables: -€29,374
- Stocks and contracts +€4,000
up €4,000 (+44.4%), from €9,000 to €13,000
- Other debts +€22,746
up €22,746 (+640%), from €3,555 to €26,301
- Trade debts +€18,190
up €18,190 (+370%), from €4,911 to €23,101
- Profit (loss) carried forward -€16,609
down €16,609 (-13.6%), from €122,270 to €105,661
- Debts after one year -€16,288
no longer reported in 2025 (was €16,288)
- Current portion of long-term debt -€14,770
down €14,770 (-47.5%), from €31,124 to €16,354
- Staff costs +€15,124
up €15,124 (+9.3%), from €162,141 to €177,265
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 | €322,249 | €306,945 | -€15,304 | -4.7% |
| Fixed assets | 21/28 | €166,560 | €137,861 | -€28,700 | -17.2% |
| Tangible fixed assets | 22/27 | €166,410 | €137,711 | -€28,700 | -17.2% |
| Land and buildings | 22 | €73,245 | €62,882 | -€10,363 | -14.1% |
| Plant, machinery and equipment | 23 | €50,940 | €43,715 | -€7,225 | -14.2% |
| Furniture and vehicles | 24 | €42,226 | €31,114 | -€11,112 | -26.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €155,689 | €169,085 | +€13,396 | +8.6% |
| Stocks and contracts in progress | 3 | €9,000 | €13,000 | +€4,000 | +44.4% |
| Contracts in progress | 37 | €9,000 | €13,000 | +€4,000 | +44.4% |
| Amounts receivable within one year | 40/41 | €108,077 | €84,178 | -€23,899 | -22.1% |
| Trade receivables | 40 | €101,879 | €72,505 | -€29,374 | -28.8% |
| Other amounts receivable | 41 | €6,198 | €11,673 | +€5,475 | +88.3% |
| Cash at bank and in hand | 54/58 | €38,611 | €71,906 | +€33,295 | +86.2% |
| Total equity and liabilities | 10/49 | €322,249 | €306,945 | -€15,304 | -4.7% |
| Equity | 10/15 | €226,730 | €210,121 | -€16,609 | -7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,860 | €85,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €85,860 | €85,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €84,000 | €84,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,270 | €105,661 | -€16,609 | -13.6% |
| Amounts payable | 17/49 | €95,519 | €96,824 | +€1,305 | +1.4% |
| Amounts payable after more than one year | 17 | €16,288 | - | -€16,288 | |
| Financial debts | 170/4 | €16,288 | - | -€16,288 | |
| Amounts payable within one year | 42/48 | €79,231 | €96,824 | +€17,593 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €31,124 | €16,354 | -€14,770 | -47.5% |
| Trade debts | 44 | €4,911 | €23,101 | +€18,190 | +370% |
| Suppliers | 440/4 | €4,911 | €23,101 | +€18,190 | +370% |
| Advances received on contracts in progress | 46 | €10,000 | - | -€10,000 | |
| Taxes, remuneration and social security | 45 | €29,642 | €31,069 | +€1,427 | +4.8% |
| Taxes | 450/3 | €18,027 | €3,604 | -€14,423 | -80.0% |
| Remuneration and social security | 454/9 | €11,615 | €27,465 | +€15,850 | +136% |
| Other amounts payable | 47/48 | €3,555 | €26,301 | +€22,746 | +640% |
| Remuneration, social security and pensions | 62 | €162,141 | €177,265 | +€15,124 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,298 | €35,560 | +€1,261 | +3.7% |
| Other operating charges | 640/8 | €5,358 | €5,787 | +€429 | +8.0% |
| Gross operating margin | 9900 | €204,530 | €205,049 | +€519 | +0.3% |
| Operating profit (loss) | 9901 | €2,733 | -€13,563 | -€16,296 | |
| Financial income | 75/76B | €10 | €260 | +€250 | +2,543% |
| Recurring financial income | 75 | €10 | €260 | +€250 | +2,543% |
| Financial charges | 65/66B | €1,426 | €2,960 | +€1,534 | +108% |
| Recurring financial charges | 65 | €1,426 | €2,960 | +€1,534 | +108% |
| Profit (loss) for the period before taxes | 9903 | €1,317 | -€16,263 | -€17,580 | |
| Income taxes | 67/77 | €902 | €346 | -€556 | -61.6% |
| Profit (loss) for the period | 9904 | €415 | -€16,609 | -€17,024 | |
| Profit (loss) for the period to be appropriated | 9905 | €415 | -€16,609 | -€17,024 |
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 22 October 2026 via checked.be.