SERVICIMMO: what changed
Two fiscal 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.
SERVICIMMO
Largest movements
- Cash +€39,302
up €39,302 (+38.8%), from €101,229 to €140,531
mainly Net result for the year (+€65,877) and Trade debts (+€25,271)
- Receivables within one year +€14,584
up €14,584 (+21.6%), from €67,566 to €82,150
of which Trade receivables: +€15,622
- Deferred charges and accrued income -€3,906
down €3,906 (-30.0%), from €13,021 to €9,115
- Tangible fixed assets -€3,235
down €3,235 (-16.4%), from €19,727 to €16,492
of which Other tangible fixed assets: -€2,149
- Reserves +€145,634
new in 2025: €145,634
- Profit (loss) carried forward -€107,757
no longer reported in 2025 (was €107,757)
- Other debts -€28,193
down €28,193 (-44.8%), from €62,987 to €34,794
- Trade debts +€25,271
new in 2025: €25,271
- Tax, wage and social debts +€18,693
up €18,693 (+354.8%), from €5,269 to €23,961
of which Taxes: +€16,969
- Gross operating margin +€71,282
up €71,282 (+172.2%), from €41,385 to €112,667
- Taxes +€24,789
up €24,789 (+385.0%), from €6,439 to €31,229
- Other operating charges +€7,093
up €7,093 (+415.5%), from €1,707 to €8,801
- Write-downs -€3,306
new in 2025: -€3,306
- Staff costs +€3,069
up €3,069 (+2419.9%), from €127 to €3,196
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.
Cash bridge derived
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 | €206,142 | €252,141 | +€45,999 | +22.3% |
| Fixed assets | 21/28 | €24,325 | €20,345 | -€3,980 | -16.4% |
| Intangible fixed assets | 21 | €3,298 | €2,553 | -€745 | -22.6% |
| Tangible fixed assets | 22/27 | €19,727 | €16,492 | -€3,235 | -16.4% |
| Plant, machinery and equipment | 23 | €3,647 | €2,387 | -€1,260 | -34.5% |
| Furniture and vehicles | 24 | €4,569 | €4,742 | +€173 | +3.8% |
| Other tangible fixed assets | 26 | €11,511 | €9,363 | -€2,149 | -18.7% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €181,817 | €231,796 | +€49,979 | +27.5% |
| Amounts receivable within one year | 40/41 | €67,566 | €82,150 | +€14,584 | +21.6% |
| Trade receivables | 40 | €36,866 | €52,488 | +€15,622 | +42.4% |
| Other amounts receivable | 41 | €30,701 | €29,662 | -€1,039 | -3.4% |
| Cash at bank and in hand | 54/58 | €101,229 | €140,531 | +€39,302 | +38.8% |
| Deferred charges and accrued income | 490/1 | €13,021 | €9,115 | -€3,906 | -30.0% |
| Total equity and liabilities | 10/49 | €206,142 | €252,141 | +€45,999 | +22.3% |
| Equity | 10/15 | €126,357 | €164,234 | +€37,877 | +30.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €145,634 | +€145,634 | |
| Distributable reserves | 133 | - | €145,634 | +€145,634 | |
| Profit (loss) carried forward | 14 | €107,757 | - | -€107,757 | |
| Amounts payable | 17/49 | €79,785 | €87,907 | +€8,122 | +10.2% |
| Amounts payable after more than one year | 17 | €3,881 | - | -€3,881 | |
| Financial debts | 170/4 | €3,881 | - | -€3,881 | |
| Amounts payable within one year | 42/48 | €75,904 | €87,907 | +€12,003 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €7,648 | €3,881 | -€3,767 | -49.3% |
| Trade debts | 44 | - | €25,271 | +€25,271 | |
| Suppliers | 440/4 | - | €25,271 | +€25,271 | |
| Taxes, remuneration and social security | 45 | €5,269 | €23,961 | +€18,693 | +354.8% |
| Taxes | 450/3 | €3,169 | €20,138 | +€16,969 | +535.5% |
| Remuneration and social security | 454/9 | €2,100 | €3,823 | +€1,723 | +82.1% |
| Other amounts payable | 47/48 | €62,987 | €34,794 | -€28,193 | -44.8% |
| Remuneration, social security and pensions | 62 | €127 | €3,196 | +€3,069 | +2419.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,122 | €6,060 | -€1,061 | -14.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€3,306 | -€3,306 | |
| Other operating charges | 640/8 | €1,707 | €8,801 | +€7,093 | +415.5% |
| Gross operating margin | 9900 | €41,385 | €112,667 | +€71,282 | +172.2% |
| Operating profit (loss) | 9901 | €32,430 | €97,916 | +€65,486 | +201.9% |
| Financial income | 75/76B | €51 | - | -€51 | |
| Recurring financial income | 75 | €51 | - | -€51 | |
| Financial charges | 65/66B | €2,948 | €811 | -€2,137 | -72.5% |
| Recurring financial charges | 65 | €2,948 | €811 | -€2,137 | -72.5% |
| Profit (loss) for the period before taxes | 9903 | €29,532 | €97,105 | +€67,573 | +228.8% |
| Income taxes | 67/77 | €6,439 | €31,229 | +€24,789 | +385.0% |
| Profit (loss) for the period | 9904 | €23,093 | €65,877 | +€42,784 | +185.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,093 | €65,877 | +€42,784 | +185.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.