SERVAC ET INFORIMMO: 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.
SERVAC ET INFORIMMO
Largest movements
- Cash -€17,147
down €17,147 (-48.4%), from €35,456 to €18,309
mainly Other debts (-€16,887) and Trade debts (-€14,759)
- Receivables within one year -€4,499
down €4,499 (-22.3%), from €20,182 to €15,683
of which Other amounts receivable: -€5,020
- Tangible fixed assets -€3,296
down €3,296 (-2.1%), from €157,901 to €154,606
of which Furniture and vehicles: -€3,296
- Other debts -€16,887
down €16,887 (-74.8%), from €22,587 to €5,700
- Trade debts -€14,759
down €14,759 (-77.3%), from €19,082 to €4,323
- Profit (loss) carried forward +€13,772
up €13,772 (+19.2%), from €71,607 to €85,379
- Debts after one year -€10,480
down €10,480 (-13.2%), from €79,686 to €69,206
- Tax, wage and social debts +€3,661
up €3,661 (+30.8%), from €11,897 to €15,558
- Gross operating margin +€27,362
up €27,362, from -€152 to €27,209
- Depreciation -€4,706
down €4,706 (-84.8%), from €5,550 to €845
- Taxes +€4,536
up €4,536 (+1,407%), from €322 to €4,859
- Other operating charges +€2,253
up €2,253 (+229%), from €983 to €3,237
- Financial charges +€1,296
up €1,296 (+40.4%), from €3,212 to €4,509
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 | €215,015 | €190,646 | -€24,369 | -11.3% |
| Fixed assets | 21/28 | €157,966 | €154,671 | -€3,296 | -2.1% |
| Tangible fixed assets | 22/27 | €157,901 | €154,606 | -€3,296 | -2.1% |
| Land and buildings | 22 | €154,590 | €154,590 | = | 0.0% |
| Furniture and vehicles | 24 | €3,311 | €16 | -€3,296 | -99.5% |
| Financial fixed assets | 28 | €65 | €65 | = | 0.0% |
| Current assets | 29/58 | €57,049 | €35,975 | -€21,073 | -36.9% |
| Amounts receivable within one year | 40/41 | €20,182 | €15,683 | -€4,499 | -22.3% |
| Trade receivables | 40 | €15,161 | €15,683 | +€521 | +3.4% |
| Other amounts receivable | 41 | €5,020 | - | -€5,020 | |
| Cash at bank and in hand | 54/58 | €35,456 | €18,309 | -€17,147 | -48.4% |
| Deferred charges and accrued income | 490/1 | €1,411 | €1,983 | +€572 | +40.5% |
| Total equity and liabilities | 10/49 | €215,015 | €190,646 | -€24,369 | -11.3% |
| Equity | 10/15 | €71,607 | €85,379 | +€13,772 | +19.2% |
| Profit (loss) carried forward | 14 | €71,607 | €85,379 | +€13,772 | +19.2% |
| Amounts payable | 17/49 | €143,408 | €105,267 | -€38,141 | -26.6% |
| Amounts payable after more than one year | 17 | €79,686 | €69,206 | -€10,480 | -13.2% |
| Financial debts | 170/4 | €79,686 | €69,206 | -€10,480 | -13.2% |
| Amounts payable within one year | 42/48 | €63,722 | €36,061 | -€27,661 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €10,156 | €10,480 | +€324 | +3.2% |
| Trade debts | 44 | €19,082 | €4,323 | -€14,759 | -77.3% |
| Suppliers | 440/4 | €19,082 | €4,323 | -€14,759 | -77.3% |
| Taxes, remuneration and social security | 45 | €11,897 | €15,558 | +€3,661 | +30.8% |
| Taxes | 450/3 | €11,897 | €15,558 | +€3,661 | +30.8% |
| Other amounts payable | 47/48 | €22,587 | €5,700 | -€16,887 | -74.8% |
| Non-recurring operating income | 76A | - | €7,549 | +€7,549 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,550 | €845 | -€4,706 | -84.8% |
| Other operating charges | 640/8 | €983 | €3,237 | +€2,253 | +229% |
| Gross operating margin | 9900 | -€152 | €27,209 | +€27,362 | |
| Operating profit (loss) | 9901 | -€6,686 | €23,128 | +€29,814 | |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €3,212 | €4,509 | +€1,296 | +40.4% |
| Recurring financial charges | 65 | €3,212 | €4,509 | +€1,296 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,898 | €18,631 | +€28,529 | |
| Income taxes | 67/77 | €322 | €4,859 | +€4,536 | +1,407% |
| Profit (loss) for the period | 9904 | -€10,221 | €13,772 | +€23,993 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,221 | €13,772 | +€23,993 |
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 30 October 2026 via checked.be.