SERVI-WASH: 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.
SERVI-WASH
Largest movements
- Tangible fixed assets +€23,111
up €23,111 (+31.6%), from €73,133 to €96,244
of which Plant, machinery and equipment: +€25,977
- Cash +€8,309
up €8,309 (+83.6%), from €9,942 to €18,251
mainly Debts after one year (+€21,789) and Depreciation (+€10,499)
- Receivables within one year -€2,945
down €2,945 (-68.6%), from €4,294 to €1,349
of which Trade receivables: -€2,954
- Debts after one year +€21,789
up €21,789 (+800%), from €2,722 to €24,511
- Current portion of long-term debt +€5,590
up €5,590 (+397%), from €1,407 to €6,997
- Profit (loss) carried forward +€3,610
up €3,610 (+10.0%), from -€36,173 to -€32,563
- Other debts -€2,317
down €2,317 (-23.0%), from €10,058 to €7,741
- Other operating charges -€2,277
down €2,277 (-51.8%), from €4,393 to €2,116
- Depreciation +€1,528
up €1,528 (+17.0%), from €8,971 to €10,499
- Gross operating margin +€365
up €365 (+2.2%), from €16,938 to €17,303
- Financial charges +€344
up €344 (+46.9%), from €734 to €1,078
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 | €87,971 | €116,466 | +€28,495 | +32.4% |
| Fixed assets | 21/28 | €73,133 | €96,244 | +€23,111 | +31.6% |
| Tangible fixed assets | 22/27 | €73,133 | €96,244 | +€23,111 | +31.6% |
| Land and buildings | 22 | €62,898 | €58,943 | -€3,955 | -6.3% |
| Plant, machinery and equipment | 23 | €10,235 | €36,212 | +€25,977 | +254% |
| Furniture and vehicles | 24 | - | €1,089 | +€1,089 | |
| Current assets | 29/58 | €14,838 | €20,222 | +€5,384 | +36.3% |
| Amounts receivable within one year | 40/41 | €4,294 | €1,349 | -€2,945 | -68.6% |
| Trade receivables | 40 | €4,294 | €1,340 | -€2,954 | -68.8% |
| Other amounts receivable | 41 | - | €9 | +€9 | |
| Cash at bank and in hand | 54/58 | €9,942 | €18,251 | +€8,309 | +83.6% |
| Deferred charges and accrued income | 490/1 | €602 | €622 | +€20 | +3.3% |
| Total equity and liabilities | 10/49 | €87,971 | €116,466 | +€28,495 | +32.4% |
| Equity | 10/15 | €69,827 | €73,437 | +€3,610 | +5.2% |
| Contributions | 10/11 | €106,000 | €106,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,173 | -€32,563 | +€3,610 | +10.0% |
| Amounts payable | 17/49 | €18,144 | €43,029 | +€24,885 | +137% |
| Amounts payable after more than one year | 17 | €2,722 | €24,511 | +€21,789 | +800% |
| Financial debts | 170/4 | €2,722 | €24,511 | +€21,789 | +800% |
| Amounts payable within one year | 42/48 | €15,422 | €18,337 | +€2,915 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €1,407 | €6,997 | +€5,590 | +397% |
| Trade debts | 44 | €3,092 | €3,599 | +€507 | +16.4% |
| Suppliers | 440/4 | €3,092 | €3,599 | +€507 | +16.4% |
| Taxes, remuneration and social security | 45 | €865 | - | -€865 | |
| Taxes | 450/3 | €865 | - | -€865 | |
| Other amounts payable | 47/48 | €10,058 | €7,741 | -€2,317 | -23.0% |
| Accrued charges and deferred income | 492/3 | - | €181 | +€181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,971 | €10,499 | +€1,528 | +17.0% |
| Other operating charges | 640/8 | €4,393 | €2,116 | -€2,277 | -51.8% |
| Gross operating margin | 9900 | €16,938 | €17,303 | +€365 | +2.2% |
| Operating profit (loss) | 9901 | €3,574 | €4,688 | +€1,114 | +31.2% |
| Financial income | 75/76B | €25 | - | -€25 | |
| Recurring financial income | 75 | €25 | - | -€25 | |
| Financial charges | 65/66B | €734 | €1,078 | +€344 | +46.9% |
| Recurring financial charges | 65 | €734 | €1,078 | +€344 | +46.9% |
| Profit (loss) for the period before taxes | 9903 | €2,865 | €3,610 | +€745 | +26.0% |
| Profit (loss) for the period | 9904 | €2,865 | €3,610 | +€745 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,865 | €3,610 | +€745 | +26.0% |
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 14 October 2026 via checked.be.