SERVENES: 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.
SERVENES
Largest movements
- Receivables within one year +€20,809
up €20,809 (+160.1%), from €13,001 to €33,810
of which Trade receivables: +€19,163
- Tangible fixed assets +€18,068
up €18,068 (+106.6%), from €16,953 to €35,021
- Cash -€11,910
down €11,910 (-100.0%), from €11,910 to €1
mainly Investment in fixed assets (net) (-€24,305) and Receivables within one year (-€20,809)
- Profit (loss) carried forward +€15,450
up €15,450 (+136.5%), from €11,315 to €26,765
- Tax, wage and social debts +€5,150
up €5,150 (+108.8%), from €4,734 to €9,884
- Trade debts +€4,556
up €4,556 (+23.6%), from €19,275 to €23,831
- Other debts +€1,962
new in 2024: €1,962
- Gross operating margin +€12,637
up €12,637 (+62.5%), from €20,220 to €32,857
- Depreciation +€5,377
up €5,377 (+625.1%), from €860 to €6,238
- Other operating charges -€1,118
down €1,118 (-16.2%), from €6,923 to €5,805
- Taxes +€416
up €416 (+8.8%), from €4,734 to €5,150
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.
Cash bridge derived
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 | €46,524 | €73,641 | +€27,118 | +58.3% |
| Fixed assets | 21/28 | €16,953 | €35,021 | +€18,068 | +106.6% |
| Tangible fixed assets | 22/27 | €16,953 | €35,021 | +€18,068 | +106.6% |
| Furniture and vehicles | 24 | €16,953 | €35,021 | +€18,068 | +106.6% |
| Current assets | 29/58 | €29,570 | €38,620 | +€9,050 | +30.6% |
| Stocks and contracts in progress | 3 | €4,659 | €4,809 | +€150 | +3.2% |
| Stocks | 30/36 | €4,659 | €4,809 | +€150 | +3.2% |
| Amounts receivable within one year | 40/41 | €13,001 | €33,810 | +€20,809 | +160.1% |
| Trade receivables | 40 | €7,363 | €26,526 | +€19,163 | +260.3% |
| Other amounts receivable | 41 | €5,638 | €7,285 | +€1,646 | +29.2% |
| Cash at bank and in hand | 54/58 | €11,910 | €1 | -€11,910 | -100.0% |
| Total equity and liabilities | 10/49 | €46,524 | €73,641 | +€27,118 | +58.3% |
| Equity | 10/15 | €22,515 | €37,965 | +€15,450 | +68.6% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,315 | €26,765 | +€15,450 | +136.5% |
| Amounts payable | 17/49 | €24,009 | €35,677 | +€11,668 | +48.6% |
| Amounts payable within one year | 42/48 | €24,009 | €35,677 | +€11,668 | +48.6% |
| Trade debts | 44 | €19,275 | €23,831 | +€4,556 | +23.6% |
| Suppliers | 440/4 | €19,275 | €23,831 | +€4,556 | +23.6% |
| Taxes, remuneration and social security | 45 | €4,734 | €9,884 | +€5,150 | +108.8% |
| Taxes | 450/3 | €4,734 | €9,884 | +€5,150 | +108.8% |
| Other amounts payable | 47/48 | - | €1,962 | +€1,962 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €860 | €6,238 | +€5,377 | +625.1% |
| Other operating charges | 640/8 | €6,923 | €5,805 | -€1,118 | -16.2% |
| Gross operating margin | 9900 | €20,220 | €32,857 | +€12,637 | +62.5% |
| Operating profit (loss) | 9901 | €12,436 | €20,814 | +€8,378 | +67.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €525 | €214 | -€311 | -59.3% |
| Recurring financial charges | 65 | €525 | €214 | -€311 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | €11,911 | €20,600 | +€8,689 | +73.0% |
| Income taxes | 67/77 | €4,734 | €5,150 | +€416 | +8.8% |
| Profit (loss) for the period | 9904 | €7,177 | €15,450 | +€8,273 | +115.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,177 | €15,450 | +€8,273 | +115.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.