SERV-IT: 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.
SERV-IT
Largest movements
- Cash +€48,073
up €48,073 (+96.5%), from €49,837 to €97,910
mainly Other debts (+€34,871) and Trade debts (+€7,126)
- Receivables within one year -€5,172
down €5,172 (-14.7%), from €35,258 to €30,086
- Tangible fixed assets +€3,400
up €3,400 (+549.3%), from €619 to €4,019
- Other debts +€34,871
up €34,871 (+118.6%), from €29,406 to €64,277
- Trade debts +€7,126
up €7,126 (+84.3%), from €8,454 to €15,579
- Profit (loss) carried forward +€6,482
up €6,482 (+541.0%), from €1,198 to €7,680
- Tax, wage and social debts -€1,678
down €1,678 (-7.6%), from €22,157 to €20,479
- Turnover +€205,671
new in 2025: €205,671
- Purchases and services +€197,924
new in 2025: €197,924
- Gross operating margin +€4,947
up €4,947 (+176.6%), from €2,801 to €7,747
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 | €85,714 | €132,515 | +€46,801 | +54.6% |
| Fixed assets | 21/28 | €619 | €4,019 | +€3,400 | +549.3% |
| Tangible fixed assets | 22/27 | €619 | €4,019 | +€3,400 | +549.3% |
| Furniture and vehicles | 24 | €619 | €4,019 | +€3,400 | +549.3% |
| Current assets | 29/58 | €85,095 | €128,495 | +€43,401 | +51.0% |
| Amounts receivable within one year | 40/41 | €35,258 | €30,086 | -€5,172 | -14.7% |
| Trade receivables | 40 | €35,258 | €30,086 | -€5,172 | -14.7% |
| Cash at bank and in hand | 54/58 | €49,837 | €97,910 | +€48,073 | +96.5% |
| Deferred charges and accrued income | 490/1 | - | €500 | +€500 | |
| Total equity and liabilities | 10/49 | €85,714 | €132,515 | +€46,801 | +54.6% |
| Equity | 10/15 | €25,698 | €32,180 | +€6,482 | +25.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €20,500 | €20,500 | = | 0.0% |
| Distributable reserves | 133 | €20,500 | €20,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,198 | €7,680 | +€6,482 | +541.0% |
| Amounts payable | 17/49 | €60,016 | €100,335 | +€40,319 | +67.2% |
| Amounts payable within one year | 42/48 | €60,016 | €100,335 | +€40,319 | +67.2% |
| Trade debts | 44 | €8,454 | €15,579 | +€7,126 | +84.3% |
| Suppliers | 440/4 | €8,454 | €15,579 | +€7,126 | +84.3% |
| Taxes, remuneration and social security | 45 | €22,157 | €20,479 | -€1,678 | -7.6% |
| Taxes | 450/3 | €22,157 | €20,479 | -€1,678 | -7.6% |
| Other amounts payable | 47/48 | €29,406 | €64,277 | +€34,871 | +118.6% |
| Turnover | 70 | - | €205,671 | +€205,671 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €197,924 | +€197,924 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €616 | €1,517 | +€902 | +146.5% |
| Other operating charges | 640/8 | €12 | - | -€12 | |
| Gross operating margin | 9900 | €2,801 | €7,747 | +€4,947 | +176.6% |
| Operating profit (loss) | 9901 | €2,173 | €6,230 | +€4,058 | +186.8% |
| Financial charges | 65/66B | €51 | €181 | +€130 | +254.4% |
| Recurring financial charges | 65 | €51 | €181 | +€130 | +254.4% |
| Profit (loss) for the period before taxes | 9903 | €2,122 | €6,049 | +€3,928 | +185.1% |
| Income taxes | 67/77 | €1,008 | -€433 | -€1,441 | |
| Profit (loss) for the period | 9904 | €1,113 | €6,482 | +€5,369 | +482.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,113 | €6,482 | +€5,369 | +482.3% |
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 4 October 2026 via checked.be.