SERVE UP: 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 UP
Largest movements
- Tangible fixed assets -€20,771
down €20,771 (-4.3%), from €478,597 to €457,826
of which Land and buildings: -€19,589
- Receivables within one year +€20,185
up €20,185 (+589%), from €3,428 to €23,613
- Cash +€15,903
up €15,903 (+205%), from €7,740 to €23,643
mainly Net result for the year (+€27,688) and Other debts (+€24,778)
- Other debts +€24,778
up €24,778 (+28.2%), from €87,749 to €112,527
- Debts after one year -€15,817
down €15,817 (-4.7%), from €339,584 to €323,766
- Profit (loss) carried forward -€12,620
down €12,620 (-100%), from €12,620 to €0
- Accrued charges and deferred income +€8,719
up €8,719 (+1,322%), from €660 to €9,379
- Trade debts +€7,312
up €7,312 (+49.3%), from €14,834 to €22,146
- Turnover +€35,301
up €35,301 (+29.4%), from €120,134 to €155,434
- Gross operating margin +€26,208
up €26,208 (+71.5%), from €36,646 to €62,854
- Purchases and services +€14,690
up €14,690 (+13.3%), from €110,307 to €124,996
- Other operating charges +€3,012
up €3,012 (+118%), from €2,547 to €5,558
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 | €490,591 | €505,716 | +€15,125 | +3.1% |
| Fixed assets | 21/28 | €479,345 | €458,344 | -€21,001 | -4.4% |
| Intangible fixed assets | 21 | €748 | €518 | -€230 | -30.8% |
| Tangible fixed assets | 22/27 | €478,597 | €457,826 | -€20,771 | -4.3% |
| Land and buildings | 22 | €472,313 | €452,724 | -€19,589 | -4.1% |
| Plant, machinery and equipment | 23 | €880 | - | -€880 | |
| Furniture and vehicles | 24 | - | €431 | +€431 | |
| Other tangible fixed assets | 26 | €5,404 | €4,671 | -€732 | -13.6% |
| Current assets | 29/58 | €11,246 | €47,372 | +€36,125 | +321% |
| Amounts receivable within one year | 40/41 | €3,428 | €23,613 | +€20,185 | +589% |
| Trade receivables | 40 | €3,428 | €23,613 | +€20,185 | +589% |
| Cash at bank and in hand | 54/58 | €7,740 | €23,643 | +€15,903 | +205% |
| Deferred charges and accrued income | 490/1 | €78 | €115 | +€37 | +47.4% |
| Total equity and liabilities | 10/49 | €490,591 | €505,716 | +€15,125 | +3.1% |
| Equity | 10/15 | €14,620 | €2,000 | -€12,620 | -86.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,620 | €0 | -€12,620 | -100% |
| Amounts payable | 17/49 | €475,971 | €503,716 | +€27,745 | +5.8% |
| Amounts payable after more than one year | 17 | €339,584 | €323,766 | -€15,817 | -4.7% |
| Financial debts | 170/4 | €339,584 | €323,766 | -€15,817 | -4.7% |
| Amounts payable within one year | 42/48 | €135,727 | €170,570 | +€34,843 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €15,650 | €15,817 | +€167 | +1.1% |
| Trade debts | 44 | €14,834 | €22,146 | +€7,312 | +49.3% |
| Suppliers | 440/4 | €14,834 | €22,146 | +€7,312 | +49.3% |
| Advances received on contracts in progress | 46 | - | €1,580 | +€1,580 | |
| Taxes, remuneration and social security | 45 | €17,494 | €18,500 | +€1,006 | +5.8% |
| Taxes | 450/3 | €17,494 | €18,500 | +€1,006 | +5.8% |
| Other amounts payable | 47/48 | €87,749 | €112,527 | +€24,778 | +28.2% |
| Accrued charges and deferred income | 492/3 | €660 | €9,379 | +€8,719 | +1,322% |
| Turnover | 70 | €120,134 | €155,434 | +€35,301 | +29.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €110,307 | €124,996 | +€14,690 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,031 | €21,031 | = | 0.0% |
| Other operating charges | 640/8 | €2,547 | €5,558 | +€3,012 | +118% |
| Gross operating margin | 9900 | €36,646 | €62,854 | +€26,208 | +71.5% |
| Operating profit (loss) | 9901 | €13,068 | €36,265 | +€23,197 | +178% |
| Financial income | 75/76B | €26 | €914 | +€888 | +3,421% |
| Recurring financial income | 75 | €26 | €914 | +€888 | +3,421% |
| Financial charges | 65/66B | €8,042 | €7,513 | -€529 | -6.6% |
| Recurring financial charges | 65 | €7,993 | €7,513 | -€480 | -6.0% |
| Non-recurring financial charges | 66B | €49 | - | -€49 | |
| Profit (loss) for the period before taxes | 9903 | €5,052 | €29,666 | +€24,613 | +487% |
| Income taxes | 67/77 | €1,978 | €1,978 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | €3,074 | €27,688 | +€24,613 | +801% |
| Profit (loss) for the period to be appropriated | 9905 | €3,074 | €27,688 | +€24,613 | +801% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.