SERVCORP BRUSSELS: 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.
SERVCORP BRUSSELS
Largest movements
- Receivables within one year +€865,863
up €865,863 (+16.2%), from €5.3m to €6.2m
of which Other amounts receivable: +€755,255
- Deferred charges and accrued income +€164,366
up €164,366 (+3,792%), from €4,334 to €168,700
- Tangible fixed assets -€147,241
down €147,241 (-38.6%), from €381,335 to €234,094
of which Other tangible fixed assets: -€110,698
- Other debts +€1.2m
up €1.2m (+20.3%), from €5.8m to €6.9m
- Debts after one year -€583,671
down €583,671 (-100%), from €583,671 to €0
- Profit (loss) carried forward +€462,445
up €462,445 (+31.8%), from -€1.5m to -€990,272
- Accrued charges and deferred income -€93,099
down €93,099 (-14.5%), from €643,671 to €550,573
- Gross operating margin +€874,700
up €874,700 (+131%), from €668,301 to €1.5m
- Turnover +€863,288
up €863,288 (+26.9%), from €3.2m to €4.1m
- Financial income -€221,108
down €221,108 (-100%), from €221,108 to €0
- Purchases and services +€155,892
up €155,892 (+6.1%), from €2.5m to €2.7m
- Staff costs +€110,391
up €110,391 (+17.4%), from €635,639 to €746,029
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,177,863 | €7,125,261 | +€947,397 | +15.3% |
| Fixed assets | 21/28 | €420,857 | €273,931 | -€146,926 | -34.9% |
| Intangible fixed assets | 21 | €3,531 | €4,122 | +€591 | +16.7% |
| Tangible fixed assets | 22/27 | €381,335 | €234,094 | -€147,241 | -38.6% |
| Plant, machinery and equipment | 23 | €19,725 | €5,957 | -€13,768 | -69.8% |
| Furniture and vehicles | 24 | €50,742 | €27,967 | -€22,775 | -44.9% |
| Other tangible fixed assets | 26 | €310,868 | €200,170 | -€110,698 | -35.6% |
| Financial fixed assets | 28 | €35,991 | €35,715 | -€276 | -0.8% |
| Current assets | 29/58 | €5,757,006 | €6,851,330 | +€1.1m | +19.0% |
| Amounts receivable within one year | 40/41 | €5,341,232 | €6,207,095 | +€865,863 | +16.2% |
| Trade receivables | 40 | €429,979 | €540,587 | +€110,608 | +25.7% |
| Other amounts receivable | 41 | €4,911,253 | €5,666,507 | +€755,255 | +15.4% |
| Cash at bank and in hand | 54/58 | €411,441 | €475,535 | +€64,095 | +15.6% |
| Deferred charges and accrued income | 490/1 | €4,334 | €168,700 | +€164,366 | +3,792% |
| Total equity and liabilities | 10/49 | €6,177,863 | €7,125,261 | +€947,397 | +15.3% |
| Equity | 10/15 | -€1,080,717 | -€618,272 | +€462,445 | +42.8% |
| Contributions | 10/11 | €372,000 | €372,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,452,717 | -€990,272 | +€462,445 | +31.8% |
| Amounts payable | 17/49 | €7,258,581 | €7,743,533 | +€484,952 | +6.7% |
| Amounts payable after more than one year | 17 | €583,671 | €0 | -€583,671 | -100% |
| Other amounts payable | 178/9 | €583,671 | €0 | -€583,671 | -100% |
| Amounts payable within one year | 42/48 | €6,031,238 | €7,192,960 | +€1.2m | +19.3% |
| Trade debts | 44 | €101,327 | €71,907 | -€29,420 | -29.0% |
| Suppliers | 440/4 | €101,327 | €71,907 | -€29,420 | -29.0% |
| Taxes, remuneration and social security | 45 | €160,734 | €183,005 | +€22,271 | +13.9% |
| Taxes | 450/3 | €45,989 | €46,432 | +€442 | +1.0% |
| Remuneration and social security | 454/9 | €114,745 | €136,573 | +€21,829 | +19.0% |
| Other amounts payable | 47/48 | €5,769,177 | €6,938,048 | +€1.2m | +20.3% |
| Accrued charges and deferred income | 492/3 | €643,671 | €550,573 | -€93,099 | -14.5% |
| Turnover | 70 | €3,209,872 | €4,073,160 | +€863,288 | +26.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,541,571 | €2,697,463 | +€155,892 | +6.1% |
| Remuneration, social security and pensions | 62 | €635,639 | €746,029 | +€110,391 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,507 | €204,657 | +€4,150 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,126 | €44,014 | +€21,888 | +98.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €668,301 | €1,543,002 | +€874,700 | +131% |
| Operating profit (loss) | 9901 | -€189,971 | €548,301 | +€738,272 | |
| Financial income | 75/76B | €221,108 | €0 | -€221,108 | -100% |
| Recurring financial income | 75 | €221,108 | €0 | -€221,108 | -100% |
| Financial charges | 65/66B | €22,613 | €85,856 | +€63,243 | +280% |
| Recurring financial charges | 65 | €22,613 | €85,856 | +€63,243 | +280% |
| Profit (loss) for the period before taxes | 9903 | €8,525 | €462,445 | +€453,921 | +5,325% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period | 9904 | €8,525 | €462,445 | +€453,921 | +5,325% |
| Profit (loss) for the period to be appropriated | 9905 | €8,525 | €462,445 | +€453,921 | +5,325% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.