SERVICADET STOCKEL: 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.
SERVICADET STOCKEL
Largest movements
- Tangible fixed assets -€14,967
down €14,967 (-11.6%), from €128,568 to €113,602
of which Land and buildings: -€8,056
- Receivables within one year -€12,998
down €12,998 (-16.1%), from €80,661 to €67,662
- Stocks and contracts -€12,754
down €12,754 (-18.3%), from €69,844 to €57,090
- Profit (loss) carried forward -€31,579
down €31,579 (-10.7%), from €296,226 to €264,647
- Tax, wage and social debts -€10,218
down €10,218 (-35.9%), from €28,437 to €18,219
of which Taxes: -€9,541
- Trade debts +€6,674
up €6,674 (+19.3%), from €34,665 to €41,339
- Gross operating margin -€35,524
down €35,524 (-21.0%), from €168,833 to €133,309
- Taxes -€11,431
down €11,431 (-31.4%), from €36,428 to €24,997
- Staff costs +€4,985
up €4,985 (+17.4%), from €28,611 to €33,595
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 | €550,722 | €512,376 | -€38,347 | -7.0% |
| Fixed assets | 21/28 | €128,683 | €113,716 | -€14,967 | -11.6% |
| Tangible fixed assets | 22/27 | €128,568 | €113,602 | -€14,967 | -11.6% |
| Land and buildings | 22 | €120,850 | €112,793 | -€8,056 | -6.7% |
| Plant, machinery and equipment | 23 | €1,906 | €808 | -€1,097 | -57.6% |
| Furniture and vehicles | 24 | €5,813 | - | -€5,813 | |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €422,040 | €398,660 | -€23,380 | -5.5% |
| Stocks and contracts in progress | 3 | €69,844 | €57,090 | -€12,754 | -18.3% |
| Stocks | 30/36 | €69,844 | €57,090 | -€12,754 | -18.3% |
| Amounts receivable within one year | 40/41 | €80,661 | €67,662 | -€12,998 | -16.1% |
| Trade receivables | 40 | €80,661 | €67,662 | -€12,998 | -16.1% |
| Cash at bank and in hand | 54/58 | €271,535 | €273,907 | +€2,372 | +0.9% |
| Total equity and liabilities | 10/49 | €550,722 | €512,376 | -€38,347 | -7.0% |
| Equity | 10/15 | €384,396 | €352,818 | -€31,579 | -8.2% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €26,197 | €26,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €296,226 | €264,647 | -€31,579 | -10.7% |
| Amounts payable | 17/49 | €166,326 | €159,558 | -€6,768 | -4.1% |
| Amounts payable within one year | 42/48 | €166,326 | €159,558 | -€6,768 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €3,224 | - | -€3,224 | |
| Trade debts | 44 | €34,665 | €41,339 | +€6,674 | +19.3% |
| Suppliers | 440/4 | €34,665 | €41,339 | +€6,674 | +19.3% |
| Taxes, remuneration and social security | 45 | €28,437 | €18,219 | -€10,218 | -35.9% |
| Taxes | 450/3 | €27,463 | €17,922 | -€9,541 | -34.7% |
| Remuneration and social security | 454/9 | €974 | €297 | -€677 | -69.5% |
| Other amounts payable | 47/48 | €100,000 | €100,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €28,611 | €33,595 | +€4,985 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,967 | €14,967 | = | 0.0% |
| Other operating charges | 640/8 | €3,309 | €3,757 | +€448 | +13.5% |
| Gross operating margin | 9900 | €168,833 | €133,309 | -€35,524 | -21.0% |
| Operating profit (loss) | 9901 | €121,947 | €80,990 | -€40,956 | -33.6% |
| Financial income | 75/76B | €14,618 | €13,264 | -€1,354 | -9.3% |
| Recurring financial income | 75 | €14,618 | €13,264 | -€1,354 | -9.3% |
| Financial charges | 65/66B | €1,700 | €836 | -€864 | -50.8% |
| Recurring financial charges | 65 | €1,700 | €836 | -€864 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €134,865 | €93,418 | -€41,447 | -30.7% |
| Income taxes | 67/77 | €36,428 | €24,997 | -€11,431 | -31.4% |
| Profit (loss) for the period | 9904 | €98,437 | €68,421 | -€30,016 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €98,437 | €68,421 | -€30,016 | -30.5% |
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 28 October 2026 via checked.be.