Servicinq: 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.
Servicinq
Largest movements
- Tangible fixed assets +€14,252
up €14,252 (+71.1%), from €20,049 to €34,300
of which Plant, machinery and equipment: +€8,565
- Cash -€8,491
down €8,491 (-26.0%), from €32,620 to €24,128
mainly Investment in fixed assets (net) (-€21,431) and Receivables within one year (-€2,984)
- Receivables within one year +€2,984
up €2,984 (+62.3%), from €4,791 to €7,775
of which Trade receivables: +€2,946
- Deferred charges and accrued income +€771
up €771 (+210%), from €367 to €1,138
- Reserves +€5,000
up €5,000 (+100%), from €5,000 to €10,000
- Short-term financial debts +€3,589
new in 2025: €3,589
- Trade debts -€2,264
down €2,264 (-22.1%), from €10,265 to €8,001
- Tax, wage and social debts +€1,326
up €1,326 (+98.0%), from €1,354 to €2,680
- Profit (loss) carried forward +€1,071
up €1,071 (+53.1%), from €2,018 to €3,089
- Depreciation +€4,701
up €4,701 (+190%), from €2,478 to €7,179
- Gross operating margin +€4,567
up €4,567 (+40.5%), from €11,265 to €15,832
- Financial charges +€601
up €601 (+233%), from €258 to €859
- Other operating charges +€239
up €239 (+151%), from €158 to €398
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 | €57,827 | €67,342 | +€9,515 | +16.5% |
| Fixed assets | 21/28 | €20,049 | €34,300 | +€14,252 | +71.1% |
| Tangible fixed assets | 22/27 | €20,049 | €34,300 | +€14,252 | +71.1% |
| Plant, machinery and equipment | 23 | €18,011 | €26,576 | +€8,565 | +47.6% |
| Furniture and vehicles | 24 | €2,038 | €7,725 | +€5,687 | +279% |
| Current assets | 29/58 | €37,778 | €33,041 | -€4,737 | -12.5% |
| Amounts receivable within one year | 40/41 | €4,791 | €7,775 | +€2,984 | +62.3% |
| Trade receivables | 40 | €4,791 | €7,737 | +€2,946 | +61.5% |
| Other amounts receivable | 41 | - | €38 | +€38 | |
| Cash at bank and in hand | 54/58 | €32,620 | €24,128 | -€8,491 | -26.0% |
| Deferred charges and accrued income | 490/1 | €367 | €1,138 | +€771 | +210% |
| Total equity and liabilities | 10/49 | €57,827 | €67,342 | +€9,515 | +16.5% |
| Equity | 10/15 | €32,018 | €38,089 | +€6,071 | +19.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €10,000 | +€5,000 | +100% |
| Distributable reserves | 133 | €5,000 | €10,000 | +€5,000 | +100% |
| Profit (loss) carried forward | 14 | €2,018 | €3,089 | +€1,071 | +53.1% |
| Amounts payable | 17/49 | €25,809 | €29,253 | +€3,444 | +13.3% |
| Amounts payable within one year | 42/48 | €25,678 | €29,124 | +€3,447 | +13.4% |
| Financial debts | 43 | - | €3,589 | +€3,589 | |
| Other loans | 439 | - | €3,589 | +€3,589 | |
| Trade debts | 44 | €10,265 | €8,001 | -€2,264 | -22.1% |
| Suppliers | 440/4 | €10,265 | €8,001 | -€2,264 | -22.1% |
| Taxes, remuneration and social security | 45 | €1,354 | €2,680 | +€1,326 | +98.0% |
| Taxes | 450/3 | €1,354 | €2,680 | +€1,326 | +98.0% |
| Other amounts payable | 47/48 | €14,059 | €14,855 | +€796 | +5.7% |
| Accrued charges and deferred income | 492/3 | €131 | €128 | -€3 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,478 | €7,179 | +€4,701 | +190% |
| Other operating charges | 640/8 | €158 | €398 | +€239 | +151% |
| Gross operating margin | 9900 | €11,265 | €15,832 | +€4,567 | +40.5% |
| Operating profit (loss) | 9901 | €8,629 | €8,255 | -€374 | -4.3% |
| Financial income | 75/76B | €1 | €1 | -€0 | -1.1% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -1.1% |
| Financial charges | 65/66B | €258 | €859 | +€601 | +233% |
| Recurring financial charges | 65 | €258 | €859 | +€601 | +233% |
| Profit (loss) for the period before taxes | 9903 | €8,372 | €7,398 | -€974 | -11.6% |
| Income taxes | 67/77 | €1,354 | €1,326 | -€28 | -2.0% |
| Profit (loss) for the period | 9904 | €7,018 | €6,071 | -€947 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,018 | €6,071 | -€947 | -13.5% |
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 20 October 2026 via checked.be.