SERVACO Consulting: 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.
SERVACO Consulting
Largest movements
- Tangible fixed assets +€14,918
up €14,918 (+17.5%), from €85,452 to €100,370
of which Furniture and vehicles: +€14,869
- Receivables within one year -€14,808
down €14,808 (-31.4%), from €47,126 to €32,317
of which Trade receivables: -€37,700
- Financial fixed assets +€2,700
up €2,700 (+114.9%), from €2,350 to €5,050
- Other debts -€23,299
no longer reported in 2025 (was €23,299)
- Profit (loss) carried forward +€10,451
no longer reported in 2025 (was -€10,451)
- Debts after one year +€10,211
up €10,211 (+16.2%), from €62,894 to €73,105
- Tax, wage and social debts +€9,723
up €9,723 (+90.4%), from €10,762 to €20,485
of which Taxes: +€7,623
- Trade debts -€6,437
down €6,437 (-61.7%), from €10,432 to €3,995
- Staff costs +€5,993
up €5,993 (+28.6%), from €20,968 to €26,961
- Gross operating margin +€4,104
up €4,104 (+7.4%), from €55,135 to €59,239
- Taxes +€3,674
up €3,674 (+1464.3%), from €251 to €3,925
- Other operating charges -€3,458
down €3,458 (-37.5%), from €9,223 to €5,765
- Depreciation -€720
down €720 (-6.3%), from €11,393 to €10,673
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 | €141,705 | €143,932 | +€2,227 | +1.6% |
| Fixed assets | 21/28 | €87,802 | €105,420 | +€17,618 | +20.1% |
| Tangible fixed assets | 22/27 | €85,452 | €100,370 | +€14,918 | +17.5% |
| Land and buildings | 22 | €66,200 | €64,160 | -€2,040 | -3.1% |
| Plant, machinery and equipment | 23 | €177 | €61 | -€116 | -65.5% |
| Furniture and vehicles | 24 | €19,075 | €33,944 | +€14,869 | +78.0% |
| Other tangible fixed assets | 26 | - | €2,205 | +€2,205 | |
| Financial fixed assets | 28 | €2,350 | €5,050 | +€2,700 | +114.9% |
| Current assets | 29/58 | €53,903 | €38,512 | -€15,392 | -28.6% |
| Amounts receivable within one year | 40/41 | €47,126 | €32,317 | -€14,808 | -31.4% |
| Trade receivables | 40 | €45,976 | €8,276 | -€37,700 | -82.0% |
| Other amounts receivable | 41 | €1,150 | €24,042 | +€22,891 | +1990.0% |
| Cash at bank and in hand | 54/58 | €630 | - | -€630 | |
| Deferred charges and accrued income | 490/1 | €6,147 | €6,194 | +€47 | +0.8% |
| Total equity and liabilities | 10/49 | €141,705 | €143,932 | +€2,227 | +1.6% |
| Equity | 10/15 | €17,562 | €24,785 | +€7,223 | +41.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,421 | €6,193 | -€3,228 | -34.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €7,562 | €4,334 | -€3,228 | -42.7% |
| Profit (loss) carried forward | 14 | -€10,451 | - | +€10,451 | |
| Amounts payable | 17/49 | €124,143 | €119,147 | -€4,996 | -4.0% |
| Amounts payable after more than one year | 17 | €62,894 | €73,105 | +€10,211 | +16.2% |
| Financial debts | 170/4 | €62,894 | €73,105 | +€10,211 | +16.2% |
| Amounts payable within one year | 42/48 | €61,038 | €45,926 | -€15,113 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €15,583 | €14,789 | -€794 | -5.1% |
| Financial debts | 43 | €962 | €6,657 | +€5,695 | +592.2% |
| Credit institutions | 430/8 | €962 | €6,657 | +€5,695 | +592.2% |
| Trade debts | 44 | €10,432 | €3,995 | -€6,437 | -61.7% |
| Suppliers | 440/4 | €10,432 | €3,995 | -€6,437 | -61.7% |
| Taxes, remuneration and social security | 45 | €10,762 | €20,485 | +€9,723 | +90.4% |
| Taxes | 450/3 | €6,989 | €14,612 | +€7,623 | +109.1% |
| Remuneration and social security | 454/9 | €3,773 | €5,874 | +€2,101 | +55.7% |
| Other amounts payable | 47/48 | €23,299 | - | -€23,299 | |
| Accrued charges and deferred income | 492/3 | €211 | €116 | -€95 | -44.9% |
| Non-recurring operating income | 76A | €7,025 | - | -€7,025 | |
| Remuneration, social security and pensions | 62 | €20,968 | €26,961 | +€5,993 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,393 | €10,673 | -€720 | -6.3% |
| Other operating charges | 640/8 | €9,223 | €5,765 | -€3,458 | -37.5% |
| Gross operating margin | 9900 | €55,135 | €59,239 | +€4,104 | +7.4% |
| Operating profit (loss) | 9901 | €13,551 | €15,840 | +€2,289 | +16.9% |
| Financial income | 75/76B | €22 | €5 | -€18 | -79.7% |
| Recurring financial income | 75 | €22 | €5 | -€18 | -79.7% |
| Financial charges | 65/66B | €4,316 | €4,696 | +€380 | +8.8% |
| Recurring financial charges | 65 | €4,316 | €4,696 | +€380 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €9,257 | €11,148 | +€1,892 | +20.4% |
| Income taxes | 67/77 | €251 | €3,925 | +€3,674 | +1464.3% |
| Profit (loss) for the period | 9904 | €9,006 | €7,223 | -€1,783 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,006 | €7,223 | -€1,783 | -19.8% |
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 6 October 2026 via checked.be.