SERVAIS ENGINEERING ARCHITECTURAL+partners: what changed
What changed
SERVAIS ENGINEERING ARCHITECTURAL+partners
NACE 71.113, Urban planning and landscape architecture
filed annual accounts (NBB)
Net result for the year
€109,500
2024 · €227,951-€118,451
Equity
€394,070
2024 · €351,370+€42,700
Cash
€168,064
2024 · €264,649-€96,586
Balance sheet total
€859,937
2024 · €988,714-€128,777
Largest movements
Assets
- Receivables within one year -€169,721
down €169,721 (-28.1%), from €604,820 to €435,100
of which Trade receivables: -€188,170
- Cash -€96,586
down €96,586 (-36.5%), from €264,649 to €168,064
mainly Accrued charges and deferred income (-€120,384) and Investment in fixed assets (net) (-€110,229)
- Tangible fixed assets +€78,140
up €78,140 (+73.5%), from €106,299 to €184,438
of which Furniture and vehicles: +€60,450
- Stocks and contracts +€66,000
new in 2025: €66,000
Equity and liabilities
- Accrued charges and deferred income -€120,384
down €120,384 (-88.8%), from €135,588 to €15,204
- Profit (loss) carried forward +€51,700
up €51,700 (+29.2%), from €177,137 to €228,837
- Tax, wage and social debts -€25,212
down €25,212 (-11.9%), from €212,236 to €187,023
of which Taxes: -€61,545
- Other debts -€12,837
down €12,837 (-5.7%), from €225,664 to €212,827
Income statement
- Staff costs +€69,430
up €69,430 (+27.5%), from €252,074 to €321,504
- Gross operating margin -€69,341
down €69,341 (-11.6%), from €599,079 to €529,737
- Taxes -€33,810
down €33,810 (-41.5%), from €81,542 to €47,732
- Depreciation +€8,774
up €8,774 (+32.0%), from €27,460 to €36,234
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€227,951
Gross operating margin
-€69,341
Staff costs
-€69,430
Depreciation
-€8,774
Other operating charges
-€770
Financial income
+€64
Financial charges
-€4,010
Taxes
+€33,810
Result 2025
€109,500
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€86,113
Investment
-€110,229
Financing
-€72,470
Cash 2024
€264,649
From operations (derived)
+€86,113
Net result for the year
+€109,500
Depreciation
+€36,234
Stocks and contracts
-€66,000
Receivables within one year
+€169,721
Deferred charges and accrued income
+€2,465
Trade debts
-€7,373
Tax, wage and social debts
-€25,212
Other debts
-€12,837
Accrued charges and deferred income
-€120,384
Investment (derived)
-€110,229
Investment in fixed assets (net)
-€110,229
Financing
-€72,470
Current portion of long-term debt
-€5,679
Short-term financial debts
+€9
Contributions, distributions and other
-€66,800
Cash 2025
€168,064
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €988,714 | €859,937 | -€128,777 | -13.0% |
| Fixed assets | 21/28 | €116,539 | €190,534 | +€73,995 | +63.5% |
| Intangible fixed assets | 21 | €10,181 | €6,036 | -€4,145 | -40.7% |
| Tangible fixed assets | 22/27 | €106,299 | €184,438 | +€78,140 | +73.5% |
| Plant, machinery and equipment | 23 | €1,692 | €1,170 | -€522 | -30.8% |
| Furniture and vehicles | 24 | €35,155 | €95,606 | +€60,450 | +172% |
| Other tangible fixed assets | 26 | €69,451 | €87,662 | +€18,211 | +26.2% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €872,174 | €669,402 | -€202,772 | -23.2% |
| Stocks and contracts in progress | 3 | - | €66,000 | +€66,000 | |
| Contracts in progress | 37 | - | €66,000 | +€66,000 | |
| Amounts receivable within one year | 40/41 | €604,820 | €435,100 | -€169,721 | -28.1% |
| Trade receivables | 40 | €600,673 | €412,503 | -€188,170 | -31.3% |
| Other amounts receivable | 41 | €4,148 | €22,597 | +€18,449 | +445% |
| Cash at bank and in hand | 54/58 | €264,649 | €168,064 | -€96,586 | -36.5% |
| Deferred charges and accrued income | 490/1 | €2,705 | €239 | -€2,465 | -91.2% |
| Total equity and liabilities | 10/49 | €988,714 | €859,937 | -€128,777 | -13.0% |
| Equity | 10/15 | €351,370 | €394,070 | +€42,700 | +12.2% |
| Contributions | 10/11 | €5,090 | €5,090 | = | 0.0% |
| Reserves | 13 | €169,143 | €160,143 | -€9,000 | -5.3% |
| Non-distributable reserves | 130/1 | €143 | €143 | = | 0.0% |
| Reserves not available under the articles | 1311 | €143 | €143 | = | 0.0% |
| Distributable reserves | 133 | €169,000 | €160,000 | -€9,000 | -5.3% |
| Profit (loss) carried forward | 14 | €177,137 | €228,837 | +€51,700 | +29.2% |
| Amounts payable | 17/49 | €637,343 | €465,866 | -€171,477 | -26.9% |
| Amounts payable within one year | 42/48 | €501,755 | €450,662 | -€51,093 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €5,679 | - | -€5,679 | |
| Financial debts | 43 | €17,912 | €17,921 | +€9 | 0.0% |
| Credit institutions | 430/8 | €17,912 | €17,921 | +€9 | 0.0% |
| Trade debts | 44 | €40,265 | €32,891 | -€7,373 | -18.3% |
| Suppliers | 440/4 | €40,265 | €32,891 | -€7,373 | -18.3% |
| Taxes, remuneration and social security | 45 | €212,236 | €187,023 | -€25,212 | -11.9% |
| Taxes | 450/3 | €182,596 | €121,051 | -€61,545 | -33.7% |
| Remuneration and social security | 454/9 | €29,640 | €65,973 | +€36,333 | +123% |
| Other amounts payable | 47/48 | €225,664 | €212,827 | -€12,837 | -5.7% |
| Accrued charges and deferred income | 492/3 | €135,588 | €15,204 | -€120,384 | -88.8% |
| Remuneration, social security and pensions | 62 | €252,074 | €321,504 | +€69,430 | +27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,460 | €36,234 | +€8,774 | +32.0% |
| Other operating charges | 640/8 | €4,652 | €5,422 | +€770 | +16.6% |
| Gross operating margin | 9900 | €599,079 | €529,737 | -€69,341 | -11.6% |
| Operating profit (loss) | 9901 | €314,892 | €166,577 | -€148,315 | -47.1% |
| Financial income | 75/76B | €1,488 | €1,552 | +€64 | +4.3% |
| Recurring financial income | 75 | €1,488 | €1,552 | +€64 | +4.3% |
| Financial charges | 65/66B | €6,888 | €10,897 | +€4,010 | +58.2% |
| Recurring financial charges | 65 | €6,888 | €10,897 | +€4,010 | +58.2% |
| Profit (loss) for the period before taxes | 9903 | €309,492 | €157,232 | -€152,261 | -49.2% |
| Income taxes | 67/77 | €81,542 | €47,732 | -€33,810 | -41.5% |
| Profit (loss) for the period | 9904 | €227,951 | €109,500 | -€118,451 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €227,951 | €109,500 | -€118,451 | -52.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.