Serve-it: 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
Serve-it
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€377,580
2024 · €25,361+€352,219
Equity
€657,895
2024 · €341,720+€316,175
Cash
€29,055
2024 · €22,303+€6,752
Balance sheet total
€1.2m
2024 · €1.6m-€335,741
Largest movements
Assets
- Tangible fixed assets -€179,845
down €179,845 (-13.8%), from €1.3m to €1.1m
of which Land and buildings: -€189,336
- Receivables within one year -€158,494
down €158,494 (-82.2%), from €192,879 to €34,385
of which Other amounts receivable: -€157,979
Equity and liabilities
- Short-term financial debts -€790,000
down €790,000 (-100.0%), from €790,000 to €0
- Reserves +€316,175
up €316,175 (+108.8%), from €290,511 to €606,686
of which Tax-exempt reserves: +€268,179
- Provisions +€89,393
up €89,393 (+853.9%), from €10,468 to €99,861
of which Deferred taxes: +€89,393
- Current portion of long-term debt +€60,256
up €60,256 (+230.6%), from €26,131 to €86,387
- Other debts +€58,566
up €58,566 (+216.9%), from €27,000 to €85,566
Income statement
- Gross operating margin +€502,264
up €502,264 (+521.7%), from €96,273 to €598,536
- Depreciation -€62,293
down €62,293 (-63.0%), from €98,802 to €36,509
- Financial charges +€36,684
up €36,684 (+366.0%), from €10,022 to €46,706
- Provisions +€36,658
up €36,658, from -€36,658 to €0
- Taxes +€23,427
up €23,427 (+205.6%), from €11,394 to €34,821
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.
Result 2024
€25,361
Gross operating margin
+€502,264
Depreciation
+€62,293
Provisions
-€36,658
Other operating charges
+€874
Financial income
-€15,999
Financial charges
-€36,684
Taxes
-€23,427
Deferred taxes and other
-€100,443
Result 2025
€377,580
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.
From operations
+€689,186
Investment
+€143,436
Financing
-€825,870
Cash 2024
€22,303
From operations (derived)
+€689,186
Net result for the year
+€377,580
Depreciation
+€36,509
Smaller working-capital items
-€778
Receivables within one year
+€158,494
Deferred charges and accrued income
+€5,974
Provisions
+€89,393
Trade debts
-€20,243
Tax, wage and social debts
-€16,308
Other debts
+€58,566
Investment (derived)
+€143,436
Investment in fixed assets (net)
+€143,436
Financing
-€825,870
Debts after one year
-€34,720
Current portion of long-term debt
+€60,256
Short-term financial debts
-€790,000
Contributions, distributions and other
-€61,405
Cash 2025
€29,055
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,562,500 | €1,226,759 | -€335,741 | -21.5% |
| Fixed assets | 21/28 | €1,299,601 | €1,119,656 | -€179,945 | -13.8% |
| Tangible fixed assets | 22/27 | €1,299,451 | €1,119,606 | -€179,845 | -13.8% |
| Land and buildings | 22 | €1,284,658 | €1,095,321 | -€189,336 | -14.7% |
| Plant, machinery and equipment | 23 | €1,355 | €542 | -€814 | -60.0% |
| Furniture and vehicles | 24 | €13,438 | €23,743 | +€10,306 | +76.7% |
| Financial fixed assets | 28 | €150 | €50 | -€100 | -66.9% |
| Current assets | 29/58 | €262,900 | €107,104 | -€155,796 | -59.3% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €1,919 | +€1,919 | |
| Stocks | 30/36 | - | €1,919 | +€1,919 | |
| Amounts receivable within one year | 40/41 | €192,879 | €34,385 | -€158,494 | -82.2% |
| Trade receivables | 40 | €25,721 | €25,206 | -€515 | -2.0% |
| Other amounts receivable | 41 | €167,158 | €9,179 | -€157,979 | -94.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €22,303 | €29,055 | +€6,752 | +30.3% |
| Deferred charges and accrued income | 490/1 | €7,718 | €1,744 | -€5,974 | -77.4% |
| Total equity and liabilities | 10/49 | €1,562,500 | €1,226,759 | -€335,741 | -21.5% |
| Equity | 10/15 | €341,720 | €657,895 | +€316,175 | +92.5% |
| Contributions | 10/11 | €43,381 | €43,381 | = | 0.0% |
| Reserves | 13 | €290,511 | €606,686 | +€316,175 | +108.8% |
| Tax-exempt reserves | 132 | €31,405 | €299,584 | +€268,179 | +853.9% |
| Distributable reserves | 133 | €259,106 | €307,102 | +€47,996 | +18.5% |
| Profit (loss) carried forward | 14 | €7,827 | €7,827 | = | 0.0% |
| Provisions and deferred taxes | 16 | €10,468 | €99,861 | +€89,393 | +853.9% |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Deferred taxes | 168 | €10,468 | €99,861 | +€89,393 | +853.9% |
| Amounts payable | 17/49 | €1,210,312 | €469,003 | -€741,309 | -61.2% |
| Amounts payable after more than one year | 17 | €312,699 | €277,979 | -€34,720 | -11.1% |
| Financial debts | 170/4 | €312,699 | €277,979 | -€34,720 | -11.1% |
| Amounts payable within one year | 42/48 | €896,853 | €189,123 | -€707,730 | -78.9% |
| Current portion of amounts payable after more than one year | 42 | €26,131 | €86,387 | +€60,256 | +230.6% |
| Financial debts | 43 | €790,000 | €0 | -€790,000 | -100.0% |
| Credit institutions | 430/8 | €790,000 | €0 | -€790,000 | -100.0% |
| Trade debts | 44 | €24,950 | €4,707 | -€20,243 | -81.1% |
| Suppliers | 440/4 | €24,950 | €4,707 | -€20,243 | -81.1% |
| Taxes, remuneration and social security | 45 | €28,772 | €12,464 | -€16,308 | -56.7% |
| Taxes | 450/3 | €25,774 | €12,464 | -€13,310 | -51.6% |
| Remuneration and social security | 454/9 | €2,998 | €0 | -€2,998 | -100.0% |
| Other amounts payable | 47/48 | €27,000 | €85,566 | +€58,566 | +216.9% |
| Accrued charges and deferred income | 492/3 | €759 | €1,901 | +€1,141 | +150.4% |
| Non-recurring operating income | 76A | - | €520,611 | +€520,611 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,802 | €36,509 | -€62,293 | -63.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€36,658 | €0 | +€36,658 | |
| Other operating charges | 640/8 | €5,495 | €4,622 | -€874 | -15.9% |
| Gross operating margin | 9900 | €96,273 | €598,536 | +€502,264 | +521.7% |
| Operating profit (loss) | 9901 | €28,634 | €557,406 | +€528,772 | +1846.7% |
| Financial income | 75/76B | €17,562 | €1,563 | -€15,999 | -91.1% |
| Recurring financial income | 75 | €17,562 | €1,563 | -€15,999 | -91.1% |
| Financial charges | 65/66B | €10,022 | €46,706 | +€36,684 | +366.0% |
| Recurring financial charges | 65 | €10,022 | €46,706 | +€36,684 | +366.0% |
| Profit (loss) for the period before taxes | 9903 | €36,174 | €512,263 | +€476,089 | +1316.1% |
| Transfer from deferred taxes | 780 | €582 | €8,875 | +€8,294 | +1426.1% |
| Transfer to deferred taxes | 680 | - | €108,737 | +€108,737 | |
| Income taxes | 67/77 | €11,394 | €34,821 | +€23,427 | +205.6% |
| Profit (loss) for the period | 9904 | €25,361 | €377,580 | +€352,219 | +1388.8% |
| Transfer from tax-exempt reserves | 789 | €1,745 | €26,626 | +€24,881 | +1426.1% |
| Transfer to tax-exempt reserves | 689 | - | €326,210 | +€326,210 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,106 | €77,996 | +€50,890 | +187.7% |
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 8 October 2026 via checked.be.