SERVE IT: 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.
SERVE IT
Largest movements
- Cash +€61,193
up €61,193 (+41.7%), from €146,898 to €208,091
mainly Net result for the year (+€142,796) and Other debts (+€112,293)
- Receivables within one year -€37,883
down €37,883 (-45.9%), from €82,508 to €44,625
of which Trade receivables: -€31,658
- Tangible fixed assets -€4,971
down €4,971 (-26.8%), from €18,544 to €13,573
of which Plant, machinery and equipment: -€4,573
- Other debts +€112,293
up €112,293 (+774%), from €14,512 to €126,805
- Profit (loss) carried forward -€57,869
down €57,869 (-100%), from €57,869 to €0
- Trade debts -€57,822
down €57,822 (-88.5%), from €65,368 to €7,546
- Tax, wage and social debts +€35,981
up €35,981 (+85.6%), from €42,039 to €78,020
of which Taxes: +€35,942
- Current portion of long-term debt -€8,119
down €8,119 (-26.8%), from €30,319 to €22,201
- Gross operating margin +€102,990
up €102,990 (+107%), from €95,821 to €198,811
- Other operating charges -€25,293
down €25,293 (-87.3%), from €28,974 to €3,681
- Taxes +€22,150
up €22,150 (+104%), from €21,222 to €43,372
- Staff costs -€9,471
down €9,471, from €6,258 to -€3,213
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.
Derived cash bridge
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 | €252,968 | €269,990 | +€17,022 | +6.7% |
| Fixed assets | 21/28 | €18,734 | €13,763 | -€4,971 | -26.5% |
| Tangible fixed assets | 22/27 | €18,544 | €13,573 | -€4,971 | -26.8% |
| Plant, machinery and equipment | 23 | €16,984 | €12,410 | -€4,573 | -26.9% |
| Furniture and vehicles | 24 | €1,561 | €1,162 | -€398 | -25.5% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €234,234 | €256,227 | +€21,993 | +9.4% |
| Stocks and contracts in progress | 3 | €1,975 | €646 | -€1,328 | -67.3% |
| Stocks | 30/36 | €1,975 | €646 | -€1,328 | -67.3% |
| Amounts receivable within one year | 40/41 | €82,508 | €44,625 | -€37,883 | -45.9% |
| Trade receivables | 40 | €65,720 | €34,062 | -€31,658 | -48.2% |
| Other amounts receivable | 41 | €16,788 | €10,563 | -€6,225 | -37.1% |
| Cash at bank and in hand | 54/58 | €146,898 | €208,091 | +€61,193 | +41.7% |
| Deferred charges and accrued income | 490/1 | €2,854 | €2,865 | +€11 | +0.4% |
| Total equity and liabilities | 10/49 | €252,968 | €269,990 | +€17,022 | +6.7% |
| Equity | 10/15 | €78,329 | €20,460 | -€57,869 | -73.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,869 | €0 | -€57,869 | -100% |
| Amounts payable | 17/49 | €174,640 | €249,530 | +€74,891 | +42.9% |
| Amounts payable after more than one year | 17 | €22,400 | €14,300 | -€8,101 | -36.2% |
| Financial debts | 170/4 | €22,400 | €14,300 | -€8,101 | -36.2% |
| Amounts payable within one year | 42/48 | €152,239 | €234,572 | +€82,332 | +54.1% |
| Current portion of amounts payable after more than one year | 42 | €30,319 | €22,201 | -€8,119 | -26.8% |
| Trade debts | 44 | €65,368 | €7,546 | -€57,822 | -88.5% |
| Suppliers | 440/4 | €65,368 | €7,546 | -€57,822 | -88.5% |
| Taxes, remuneration and social security | 45 | €42,039 | €78,020 | +€35,981 | +85.6% |
| Taxes | 450/3 | €39,278 | €75,220 | +€35,942 | +91.5% |
| Remuneration and social security | 454/9 | €2,762 | €2,800 | +€39 | +1.4% |
| Other amounts payable | 47/48 | €14,512 | €126,805 | +€112,293 | +774% |
| Accrued charges and deferred income | 492/3 | €0 | €659 | +€659 | |
| Non-recurring operating income | 76A | €7,500 | €6,200 | -€1,300 | -17.3% |
| Remuneration, social security and pensions | 62 | €6,258 | -€3,213 | -€9,471 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,892 | €4,971 | -€921 | -15.6% |
| Other operating charges | 640/8 | €28,974 | €3,681 | -€25,293 | -87.3% |
| Gross operating margin | 9900 | €95,821 | €198,811 | +€102,990 | +107% |
| Operating profit (loss) | 9901 | €54,697 | €193,371 | +€138,674 | +254% |
| Financial income | 75/76B | €52 | €1 | -€51 | -97.9% |
| Recurring financial income | 75 | €52 | €1 | -€51 | -97.9% |
| Financial charges | 65/66B | €6,297 | €7,205 | +€908 | +14.4% |
| Recurring financial charges | 65 | €6,297 | €7,205 | +€908 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €48,452 | €186,168 | +€137,715 | +284% |
| Income taxes | 67/77 | €21,222 | €43,372 | +€22,150 | +104% |
| Profit (loss) for the period | 9904 | €27,230 | €142,796 | +€115,565 | +424% |
| Profit (loss) for the period to be appropriated | 9905 | €27,230 | €142,796 | +€115,565 | +424% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.