Scierie Servais: what changed
Scierie Servais
Largest movements
- Receivables within one year +€65,697
up €65,697 (+76.4%), from €85,956 to €151,653
of which Trade receivables: +€68,874
- Cash +€26,468
up €26,468 (+10.0%), from €264,314 to €290,782
mainly Net result for the year (+€85,491) and Depreciation (+€21,012)
- Tangible fixed assets -€18,467
down €18,467 (-28.1%), from €65,617 to €47,150
of which Plant, machinery and equipment: -€17,778
- Stocks and contracts +€7,673
up €7,673 (+16.5%), from €46,496 to €54,169
- Profit (loss) carried forward +€85,491
up €85,491 (+22.8%), from €374,984 to €460,475
- Gross operating margin -€97,471
down €97,471 (-41.7%), from €233,917 to €136,446
- Taxes -€22,153
down €22,153 (-43.3%), from €51,125 to €28,972
- Depreciation -€2,932
down €2,932 (-12.2%), from €23,944 to €21,012
Change in the result, 2021 to 2022
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2021 and 2022 balance sheets and the 2022 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €462,383 | €543,754 | +€81,371 | +17.6% |
| Fixed assets | 21/28 | €65,617 | €47,150 | -€18,467 | -28.1% |
| Tangible fixed assets | 22/27 | €65,617 | €47,150 | -€18,467 | -28.1% |
| Land and buildings | 22 | €43,020 | €42,331 | -€689 | -1.6% |
| Plant, machinery and equipment | 23 | €22,597 | €4,819 | -€17,778 | -78.7% |
| Current assets | 29/58 | €396,766 | €496,604 | +€99,838 | +25.2% |
| Stocks and contracts in progress | 3 | €46,496 | €54,169 | +€7,673 | +16.5% |
| Stocks | 30/36 | €46,496 | €54,169 | +€7,673 | +16.5% |
| Amounts receivable within one year | 40/41 | €85,956 | €151,653 | +€65,697 | +76.4% |
| Trade receivables | 40 | €76,275 | €145,149 | +€68,874 | +90.3% |
| Other amounts receivable | 41 | €9,681 | €6,504 | -€3,177 | -32.8% |
| Cash at bank and in hand | 54/58 | €264,314 | €290,782 | +€26,468 | +10.0% |
| Total equity and liabilities | 10/49 | €462,383 | €543,754 | +€81,371 | +17.6% |
| Equity | 10/15 | €440,963 | €526,454 | +€85,491 | +19.4% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €58,542 | €58,542 | = | 0.0% |
| Non-distributable reserves | 130/1 | €744 | €744 | = | 0.0% |
| Reserves not available under the articles | 1311 | €744 | €744 | = | 0.0% |
| Distributable reserves | 133 | €57,798 | €57,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | €374,984 | €460,475 | +€85,491 | +22.8% |
| Amounts payable | 17/49 | €21,420 | €17,300 | -€4,120 | -19.2% |
| Amounts payable within one year | 42/48 | €21,420 | €17,300 | -€4,120 | -19.2% |
| Trade debts | 44 | €2,330 | €430 | -€1,900 | -81.5% |
| Suppliers | 440/4 | €2,330 | €430 | -€1,900 | -81.5% |
| Taxes, remuneration and social security | 45 | €19,090 | €16,770 | -€2,320 | -12.2% |
| Taxes | 450/3 | €19,090 | €16,770 | -€2,320 | -12.2% |
| Other amounts payable | 47/48 | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,944 | €21,012 | -€2,932 | -12.2% |
| Other operating charges | 640/8 | €7,443 | €6,194 | -€1,249 | -16.8% |
| Gross operating margin | 9900 | €233,917 | €136,446 | -€97,471 | -41.7% |
| Operating profit (loss) | 9901 | €202,530 | €109,240 | -€93,290 | -46.1% |
| Financial income | 75/76B | €4,460 | €5,232 | +€772 | +17.3% |
| Recurring financial income | 75 | €4,460 | €5,232 | +€772 | +17.3% |
| Financial charges | 65/66B | €2 | €9 | +€7 | +350% |
| Recurring financial charges | 65 | €2 | €9 | +€7 | +350% |
| Profit (loss) for the period before taxes | 9903 | €206,988 | €114,463 | -€92,525 | -44.7% |
| Income taxes | 67/77 | €51,125 | €28,972 | -€22,153 | -43.3% |
| Profit (loss) for the period | 9904 | €155,863 | €85,491 | -€70,372 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €155,863 | €85,491 | -€70,372 | -45.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.