SERVANTES: 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.
SERVANTES
Largest movements
- Tangible fixed assets -€4,764
down €4,764 (-2.7%), from €178,055 to €173,291
of which Land and buildings: -€2,784
- Debts after one year -€9,033
down €9,033 (-7.7%), from €117,669 to €108,636
of which Other amounts payable: -€9,033
- Profit (loss) carried forward +€4,011
up €4,011 (+5.8%), from -€69,005 to -€64,994
- Gross operating margin +€7,999
up €7,999 (+179.9%), from €4,446 to €12,445
- Purchases and services -€7,540
down €7,540 (-27.1%), from €27,852 to €20,312
- Depreciation +€4,665
up €4,665 (+259.5%), from €1,798 to €6,463
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 | €230,544 | €227,522 | -€3,022 | -1.3% |
| Fixed assets | 21/28 | €178,055 | €173,291 | -€4,764 | -2.7% |
| Tangible fixed assets | 22/27 | €178,055 | €173,291 | -€4,764 | -2.7% |
| Land and buildings | 22 | €149,809 | €147,025 | -€2,784 | -1.9% |
| Plant, machinery and equipment | 23 | €9,017 | €9,566 | +€549 | +6.1% |
| Furniture and vehicles | 24 | €19,229 | €16,700 | -€2,529 | -13.2% |
| Current assets | 29/58 | €52,489 | €54,231 | +€1,742 | +3.3% |
| Amounts receivable within one year | 40/41 | €179 | €278 | +€99 | +55.3% |
| Other amounts receivable | 41 | €179 | €278 | +€99 | +55.3% |
| Cash at bank and in hand | 54/58 | €51,040 | €52,647 | +€1,607 | +3.1% |
| Deferred charges and accrued income | 490/1 | €1,270 | €1,306 | +€36 | +2.8% |
| Total equity and liabilities | 10/49 | €230,544 | €227,522 | -€3,022 | -1.3% |
| Equity | 10/15 | €98,594 | €102,605 | +€4,011 | +4.1% |
| Contributions | 10/11 | €78,592 | €78,592 | = | 0.0% |
| Reserves | 13 | €89,007 | €89,007 | = | 0.0% |
| Distributable reserves | 133 | €89,007 | €89,007 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,005 | -€64,994 | +€4,011 | +5.8% |
| Provisions and deferred taxes | 16 | €14,281 | €14,281 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €14,281 | €14,281 | = | 0.0% |
| Pensions and similar obligations | 160 | €14,281 | €14,281 | = | 0.0% |
| Amounts payable | 17/49 | €117,669 | €110,636 | -€7,033 | -6.0% |
| Amounts payable after more than one year | 17 | €117,669 | €108,636 | -€9,033 | -7.7% |
| Financial debts | 170/4 | €74,157 | €74,157 | = | 0.0% |
| Other amounts payable | 178/9 | €43,512 | €34,479 | -€9,033 | -20.8% |
| Amounts payable within one year | 42/48 | - | €2,000 | +€2,000 | |
| Advances received on contracts in progress | 46 | - | €2,000 | +€2,000 | |
| Turnover | 70 | €24,000 | €24,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €27,852 | €20,312 | -€7,540 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,798 | €6,463 | +€4,665 | +259.5% |
| Other operating charges | 640/8 | €1,868 | €1,925 | +€57 | +3.1% |
| Gross operating margin | 9900 | €4,446 | €12,445 | +€7,999 | +179.9% |
| Operating profit (loss) | 9901 | €780 | €4,057 | +€3,277 | +420.1% |
| Financial charges | 65/66B | €43 | €46 | +€3 | +7.0% |
| Recurring financial charges | 65 | €43 | €46 | +€3 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €737 | €4,011 | +€3,274 | +444.2% |
| Profit (loss) for the period | 9904 | €737 | €4,011 | +€3,274 | +444.2% |
| Profit (loss) for the period to be appropriated | 9905 | €737 | €4,011 | +€3,274 | +444.2% |
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.