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SERVANTIS: 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.

What changed

SERVANTIS

BE 0412.842.688
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€222,480
2024 · -€200,974-€21,506
Equity
-€1.9m
2024 · -€1.6m-€222,480
Cash
-
not filed
Balance sheet total
€1.6m
2024 · €1.5m+€39,522

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€29,942

    up €29,942 (+2.1%), from €1.4m to €1.4m

Equity and liabilities
  • Other debts +€274,086

    up €274,086 (+9.4%), from €2.9m to €3.2m

  • Profit (loss) carried forward -€222,480

    down €222,480 (-13.4%), from -€1.7m to -€1.9m

  • Accrued charges and deferred income -€16,406

    down €16,406 (-7.1%), from €232,204 to €215,798

Income statement
  • Gross operating margin -€37,828

    down €37,828, from €32,444 to -€5,384

  • Financial charges -€16,353

    down €16,353 (-7.0%), from €232,450 to €216,097

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€200,974
Gross operating margin -€37,828
Other operating charges -€31
Financial charges +€16,353
Result 2025 -€222,480

Cash bridge derived

cash 2024 to 2025

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,516,219 €1,555,741 +€39,522 +2.6%
Current assets 29/58 €1,516,219 €1,555,741 +€39,522 +2.6%
Stocks and contracts in progress 3 €1,407,578 €1,437,519 +€29,942 +2.1%
Stocks 30/36 €1,407,578 €1,437,519 +€29,942 +2.1%
Amounts receivable within one year 40/41 €2,491 €11,925 +€9,434 +378.7%
Trade receivables 40 €1,415 €10,357 +€8,942 +632.0%
Other amounts receivable 41 €1,076 €1,568 +€492 +45.7%
Deferred charges and accrued income 490/1 €106,150 €106,297 +€146 +0.1%
Total equity and liabilities 10/49 €1,516,219 €1,555,741 +€39,522 +2.6%
Equity 10/15 -€1,642,885 -€1,865,364 -€222,480 -13.5%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,896 €1,896 = 0.0%
Distributable reserves 133 €1,896 €1,896 = 0.0%
Profit (loss) carried forward 14 -€1,663,381 -€1,885,861 -€222,480 -13.4%
Amounts payable 17/49 €3,159,104 €3,421,105 +€262,002 +8.3%
Amounts payable within one year 42/48 €2,926,900 €3,205,308 +€278,408 +9.5%
Trade debts 44 €18,270 €22,591 +€4,322 +23.7%
Suppliers 440/4 €18,270 €22,591 +€4,322 +23.7%
Other amounts payable 47/48 €2,908,630 €3,182,716 +€274,086 +9.4%
Accrued charges and deferred income 492/3 €232,204 €215,798 -€16,406 -7.1%
Other operating charges 640/8 €968 €998 +€31 +3.2%
Gross operating margin 9900 €32,444 -€5,384 -€37,828
Operating profit (loss) 9901 €31,476 -€6,383 -€37,859
Financial charges 65/66B €232,450 €216,097 -€16,353 -7.0%
Recurring financial charges 65 €232,450 €216,097 -€16,353 -7.0%
Profit (loss) for the period before taxes 9903 -€200,974 -€222,480 -€21,506 -10.7%
Profit (loss) for the period 9904 -€200,974 -€222,480 -€21,506 -10.7%
Profit (loss) for the period to be appropriated 9905 -€200,974 -€222,480 -€21,506 -10.7%

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 29 September 2026 via checked.be.