SERVCOM: 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.
SERVCOM
Largest movements
- Receivables within one year +€25,024
up €25,024 (+31.4%), from €79,791 to €104,815
of which Other amounts receivable: +€35,786
- Cash +€2,141
up €2,141 (+42.2%), from €5,076 to €7,217
mainly Net result for the year (+€24,295) and Tax, wage and social debts (+€10,212)
- Reserves +€24,000
up €24,000 (+52.2%), from €46,000 to €70,000
- Tax, wage and social debts +€10,212
up €10,212 (+222.0%), from €4,600 to €14,812
- Trade debts -€6,340
down €6,340 (-61.3%), from €10,341 to €4,001
- Gross operating margin -€18,820
down €18,820 (-38.0%), from €49,503 to €30,683
- Taxes +€5,612
up €5,612 (+122.0%), from €4,600 to €10,212
- Financial income +€2,083
up €2,083 (+90.8%), from €2,295 to €4,378
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 | €102,948 | €131,115 | +€28,167 | +27.4% |
| Fixed assets | 21/28 | €3,347 | €3,347 | = | 0.0% |
| Financial fixed assets | 28 | €3,347 | €3,347 | = | 0.0% |
| Current assets | 29/58 | €99,602 | €127,769 | +€28,167 | +28.3% |
| Stocks and contracts in progress | 3 | €14,663 | €15,737 | +€1,074 | +7.3% |
| Stocks | 30/36 | €14,663 | €15,737 | +€1,074 | +7.3% |
| Amounts receivable within one year | 40/41 | €79,791 | €104,815 | +€25,024 | +31.4% |
| Trade receivables | 40 | €16,338 | €5,575 | -€10,763 | -65.9% |
| Other amounts receivable | 41 | €63,454 | €99,240 | +€35,786 | +56.4% |
| Cash at bank and in hand | 54/58 | €5,076 | €7,217 | +€2,141 | +42.2% |
| Deferred charges and accrued income | 490/1 | €71 | - | -€71 | |
| Total equity and liabilities | 10/49 | €102,948 | €131,115 | +€28,167 | +27.4% |
| Equity | 10/15 | €88,007 | €112,302 | +€24,295 | +27.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €46,000 | €70,000 | +€24,000 | +52.2% |
| Distributable reserves | 133 | €46,000 | €70,000 | +€24,000 | +52.2% |
| Profit (loss) carried forward | 14 | €40,007 | €40,302 | +€295 | +0.7% |
| Amounts payable | 17/49 | €14,941 | €18,813 | +€3,872 | +25.9% |
| Amounts payable within one year | 42/48 | €14,941 | €18,813 | +€3,872 | +25.9% |
| Trade debts | 44 | €10,341 | €4,001 | -€6,340 | -61.3% |
| Suppliers | 440/4 | €10,341 | €4,001 | -€6,340 | -61.3% |
| Taxes, remuneration and social security | 45 | €4,600 | €14,812 | +€10,212 | +222.0% |
| Taxes | 450/3 | €4,600 | €14,812 | +€10,212 | +222.0% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €49,503 | €30,683 | -€18,820 | -38.0% |
| Operating profit (loss) | 9901 | €48,732 | €30,283 | -€18,448 | -37.9% |
| Financial income | 75/76B | €2,295 | €4,378 | +€2,083 | +90.8% |
| Recurring financial income | 75 | €2,295 | €4,378 | +€2,083 | +90.8% |
| Financial charges | 65/66B | €48 | €154 | +€106 | +223.5% |
| Recurring financial charges | 65 | €48 | €154 | +€106 | +223.5% |
| Profit (loss) for the period before taxes | 9903 | €50,979 | €34,508 | -€16,471 | -32.3% |
| Income taxes | 67/77 | €4,600 | €10,212 | +€5,612 | +122.0% |
| Profit (loss) for the period | 9904 | €46,379 | €24,295 | -€22,084 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,379 | €24,295 | -€22,084 | -47.6% |
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 7 October 2026 via checked.be.