SERVICEMAX: 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.
SERVICEMAX
Largest movements
- Tangible fixed assets -€836
down €836 (-92.0%), from €909 to €73
of which Plant, machinery and equipment: -€604
- Receivables within one year +€314
up €314 (+56.6%), from €554 to €867
- Cash +€81
new in 2025: €81
mainly Other debts (+€9,960) and Net result for the year (+€8,147)
- Trade debts -€14,362
down €14,362 (-97.2%), from €14,779 to €416
- Other debts +€9,960
up €9,960 (+135%), from €7,366 to €17,326
- Profit (loss) carried forward +€8,147
up €8,147 (+21.3%), from -€38,168 to -€30,021
- Tax, wage and social debts -€4,148
no longer reported in 2025 (was €4,148)
- Short-term financial debts -€38
no longer reported in 2025 (was €38)
- Gross operating margin +€21,484
up €21,484, from -€11,260 to €10,224
- Other operating charges +€662
new in 2025: €662
- Depreciation -€183
down €183 (-17.9%), from €1,018 to €836
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 | €3,162 | €2,722 | -€441 | -13.9% |
| Fixed assets | 21/28 | €2,609 | €1,773 | -€836 | -32.0% |
| Tangible fixed assets | 22/27 | €909 | €73 | -€836 | -92.0% |
| Plant, machinery and equipment | 23 | €677 | €73 | -€604 | -89.2% |
| Furniture and vehicles | 24 | €232 | - | -€232 | |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €554 | €949 | +€395 | +71.3% |
| Amounts receivable within one year | 40/41 | €554 | €867 | +€314 | +56.6% |
| Other amounts receivable | 41 | €554 | €867 | +€314 | +56.6% |
| Cash at bank and in hand | 54/58 | - | €81 | +€81 | |
| Total equity and liabilities | 10/49 | €3,162 | €2,722 | -€441 | -13.9% |
| Equity | 10/15 | -€23,168 | -€15,021 | +€8,147 | +35.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,168 | -€30,021 | +€8,147 | +21.3% |
| Amounts payable | 17/49 | €26,331 | €17,743 | -€8,588 | -32.6% |
| Amounts payable within one year | 42/48 | €26,331 | €17,743 | -€8,588 | -32.6% |
| Financial debts | 43 | €38 | - | -€38 | |
| Credit institutions | 430/8 | €38 | - | -€38 | |
| Trade debts | 44 | €14,779 | €416 | -€14,362 | -97.2% |
| Suppliers | 440/4 | €14,779 | €416 | -€14,362 | -97.2% |
| Taxes, remuneration and social security | 45 | €4,148 | - | -€4,148 | |
| Taxes | 450/3 | €4,148 | - | -€4,148 | |
| Other amounts payable | 47/48 | €7,366 | €17,326 | +€9,960 | +135% |
| Remuneration, social security and pensions | 62 | - | €87 | +€87 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,018 | €836 | -€183 | -17.9% |
| Other operating charges | 640/8 | - | €662 | +€662 | |
| Gross operating margin | 9900 | -€11,260 | €10,224 | +€21,484 | |
| Operating profit (loss) | 9901 | -€12,278 | €8,639 | +€20,917 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €465 | €396 | -€69 | -14.8% |
| Recurring financial charges | 65 | €465 | €396 | -€69 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,743 | €8,243 | +€20,986 | |
| Income taxes | 67/77 | - | €95 | +€95 | |
| Profit (loss) for the period | 9904 | -€12,743 | €8,147 | +€20,890 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,743 | €8,147 | +€20,890 |
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 13 October 2026 via checked.be.