SERVI-TITRES: what changed
What changed
SERVI-TITRES
NACE 96.910, Personal service activities
filed annual accounts (NBB)
Net result for the year
€14,185
2024 · -€32,167+€46,352
Equity
€609,745
2024 · €595,560+€14,185
Cash
€82,099
2024 · €47,161+€34,939
Balance sheet total
€749,961
2024 · €709,918+€40,043
Largest movements
Assets
- Cash +€34,939
up €34,939 (+74.1%), from €47,161 to €82,099
mainly Tax, wage and social debts (+€26,166) and Receivables within one year (+€20,684)
- Current investments +€30,000
up €30,000 (+5.3%), from €570,000 to €600,000
- Receivables within one year -€20,684
down €20,684 (-23.9%), from €86,685 to €66,000
of which Trade receivables: -€11,815
Equity and liabilities
- Tax, wage and social debts +€26,166
up €26,166 (+27.0%), from €97,064 to €123,230
of which Taxes: +€22,532
- Profit (loss) carried forward +€14,185
up €14,185 (+2.4%), from €587,560 to €601,745
Income statement
- Staff costs -€41,547
down €41,547 (-4.6%), from €895,972 to €854,425
- Gross operating margin +€8,988
up €8,988 (+1.0%), from €860,535 to €869,523
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€32,167
Gross operating margin
+€8,988
Staff costs
+€41,547
Depreciation
+€3,852
Other operating charges
+€717
Financial income
-€5,673
Financial charges
+€22
Taxes
-€3,101
Result 2025
€14,185
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€64,939
Investment
-€30,000
Financing
€0
Cash 2024
€47,161
From operations (derived)
+€64,939
Net result for the year
+€14,185
Depreciation
+€685
Receivables within one year
+€20,684
Deferred charges and accrued income
+€3,525
Trade debts
-€308
Tax, wage and social debts
+€26,166
Investment (derived)
-€30,000
Current investments
-€30,000
Cash 2025
€82,099
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €709,918 | €749,961 | +€40,043 | +5.6% |
| Fixed assets | 21/28 | €2,547 | €1,862 | -€685 | -26.9% |
| Tangible fixed assets | 22/27 | €2,341 | €1,656 | -€685 | -29.3% |
| Furniture and vehicles | 24 | €2,341 | €1,656 | -€685 | -29.3% |
| Financial fixed assets | 28 | €206 | €206 | = | 0.0% |
| Current assets | 29/58 | €707,371 | €748,099 | +€40,729 | +5.8% |
| Amounts receivable within one year | 40/41 | €86,685 | €66,000 | -€20,684 | -23.9% |
| Trade receivables | 40 | €60,955 | €49,140 | -€11,815 | -19.4% |
| Other amounts receivable | 41 | €25,729 | €16,860 | -€8,870 | -34.5% |
| Current investments | 50/53 | €570,000 | €600,000 | +€30,000 | +5.3% |
| Cash at bank and in hand | 54/58 | €47,161 | €82,099 | +€34,939 | +74.1% |
| Deferred charges and accrued income | 490/1 | €3,525 | - | -€3,525 | |
| Total equity and liabilities | 10/49 | €709,918 | €749,961 | +€40,043 | +5.6% |
| Equity | 10/15 | €595,560 | €609,745 | +€14,185 | +2.4% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €587,560 | €601,745 | +€14,185 | +2.4% |
| Amounts payable | 17/49 | €114,358 | €140,217 | +€25,858 | +22.6% |
| Amounts payable within one year | 42/48 | €114,358 | €140,217 | +€25,858 | +22.6% |
| Trade debts | 44 | €17,294 | €16,986 | -€308 | -1.8% |
| Suppliers | 440/4 | €17,294 | €16,986 | -€308 | -1.8% |
| Taxes, remuneration and social security | 45 | €97,064 | €123,230 | +€26,166 | +27.0% |
| Taxes | 450/3 | €1,750 | €24,283 | +€22,532 | +1,287% |
| Remuneration and social security | 454/9 | €95,314 | €98,947 | +€3,633 | +3.8% |
| Remuneration, social security and pensions | 62 | €895,972 | €854,425 | -€41,547 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,538 | €685 | -€3,852 | -84.9% |
| Other operating charges | 640/8 | €1,455 | €738 | -€717 | -49.3% |
| Gross operating margin | 9900 | €860,535 | €869,523 | +€8,988 | +1.0% |
| Operating profit (loss) | 9901 | -€41,430 | €13,675 | +€55,105 | |
| Financial income | 75/76B | €9,409 | €3,735 | -€5,673 | -60.3% |
| Recurring financial income | 75 | €9,409 | €3,735 | -€5,673 | -60.3% |
| Financial charges | 65/66B | €145 | €124 | -€22 | -14.8% |
| Recurring financial charges | 65 | €145 | €124 | -€22 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€32,167 | €17,287 | +€49,453 | |
| Income taxes | 67/77 | - | €3,101 | +€3,101 | |
| Profit (loss) for the period | 9904 | -€32,167 | €14,185 | +€46,352 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,167 | €14,185 | +€46,352 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.