SERVAIS.DESERT: 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.
SERVAIS.DESERT
Largest movements
- Stocks and contracts +€75,453
new in 2025: €75,453
- Cash +€59,723
up €59,723 (+56.3%), from €106,104 to €165,827
mainly Net result for the year (+€66,681) and Depreciation (+€44,427)
- Tangible fixed assets -€19,706
down €19,706 (-18.9%), from €104,464 to €84,758
of which Leasing and similar rights: -€20,097
- Deferred charges and accrued income +€4,729
up €4,729 (+552%), from €856 to €5,585
- Receivables within one year +€4,454
up €4,454 (+7.0%), from €63,389 to €67,843
of which Other amounts receivable: +€6,405
- Reserves +€65,015
up €65,015 (+51.6%), from €125,972 to €190,987
- Debts after one year +€34,120
up €34,120 (+136%), from €25,012 to €59,131
- Trade debts +€15,369
up €15,369 (+36.5%), from €42,142 to €57,511
- Tax, wage and social debts -€10,100
down €10,100 (-38.0%), from €26,596 to €16,496
of which Taxes: -€11,907
- Other debts +€8,715
up €8,715 (+21.6%), from €40,422 to €49,137
- Gross operating margin +€72,130
up €72,130 (+62.5%), from €115,400 to €187,529
- Staff costs +€26,279
up €26,279 (+102%), from €25,677 to €51,955
- Depreciation +€15,474
up €15,474 (+53.4%), from €28,953 to €44,427
- Taxes +€3,851
up €3,851 (+29.2%), from €13,196 to €17,047
- Financial charges +€2,909
up €2,909 (+75.0%), from €3,877 to €6,786
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 | €274,813 | €399,467 | +€124,653 | +45.4% |
| Fixed assets | 21/28 | €104,464 | €84,758 | -€19,706 | -18.9% |
| Tangible fixed assets | 22/27 | €104,464 | €84,758 | -€19,706 | -18.9% |
| Land and buildings | 22 | €4,378 | €4,378 | = | 0.0% |
| Plant, machinery and equipment | 23 | €62,802 | €48,121 | -€14,682 | -23.4% |
| Furniture and vehicles | 24 | - | €13,205 | +€13,205 | |
| Leasing and similar rights | 25 | €27,483 | €7,386 | -€20,097 | -73.1% |
| Other tangible fixed assets | 26 | €9,800 | €11,668 | +€1,867 | +19.1% |
| Current assets | 29/58 | €170,350 | €314,709 | +€144,359 | +84.7% |
| Stocks and contracts in progress | 3 | - | €75,453 | +€75,453 | |
| Stocks | 30/36 | - | €75,453 | +€75,453 | |
| Amounts receivable within one year | 40/41 | €63,389 | €67,843 | +€4,454 | +7.0% |
| Trade receivables | 40 | €61,204 | €59,254 | -€1,951 | -3.2% |
| Other amounts receivable | 41 | €2,185 | €8,590 | +€6,405 | +293% |
| Cash at bank and in hand | 54/58 | €106,104 | €165,827 | +€59,723 | +56.3% |
| Deferred charges and accrued income | 490/1 | €856 | €5,585 | +€4,729 | +552% |
| Total equity and liabilities | 10/49 | €274,813 | €399,467 | +€124,653 | +45.4% |
| Equity | 10/15 | €129,472 | €194,487 | +€65,015 | +50.2% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €125,972 | €190,987 | +€65,015 | +51.6% |
| Distributable reserves | 133 | €125,972 | €190,987 | +€65,015 | +51.6% |
| Amounts payable | 17/49 | €145,342 | €204,980 | +€59,638 | +41.0% |
| Amounts payable after more than one year | 17 | €25,012 | €59,131 | +€34,120 | +136% |
| Financial debts | 170/4 | €25,012 | €59,131 | +€34,120 | +136% |
| Amounts payable within one year | 42/48 | €120,330 | €145,848 | +€25,519 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €11,170 | €17,705 | +€6,534 | +58.5% |
| Trade debts | 44 | €42,142 | €57,511 | +€15,369 | +36.5% |
| Suppliers | 440/4 | €42,142 | €57,511 | +€15,369 | +36.5% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €26,596 | €16,496 | -€10,100 | -38.0% |
| Taxes | 450/3 | €25,558 | €13,651 | -€11,907 | -46.6% |
| Remuneration and social security | 454/9 | €1,038 | €2,845 | +€1,807 | +174% |
| Other amounts payable | 47/48 | €40,422 | €49,137 | +€8,715 | +21.6% |
| Remuneration, social security and pensions | 62 | €25,677 | €51,955 | +€26,279 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,953 | €44,427 | +€15,474 | +53.4% |
| Other operating charges | 640/8 | €428 | €683 | +€254 | +59.4% |
| Gross operating margin | 9900 | €115,400 | €187,529 | +€72,130 | +62.5% |
| Operating profit (loss) | 9901 | €60,342 | €90,464 | +€30,122 | +49.9% |
| Financial income | 75/76B | €128 | €50 | -€79 | -61.3% |
| Recurring financial income | 75 | €128 | €50 | -€79 | -61.3% |
| Financial charges | 65/66B | €3,877 | €6,786 | +€2,909 | +75.0% |
| Recurring financial charges | 65 | €3,877 | €6,786 | +€2,909 | +75.0% |
| Profit (loss) for the period before taxes | 9903 | €56,594 | €83,728 | +€27,134 | +47.9% |
| Income taxes | 67/77 | €13,196 | €17,047 | +€3,851 | +29.2% |
| Profit (loss) for the period | 9904 | €43,398 | €66,681 | +€23,283 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,398 | €66,681 | +€23,283 | +53.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.