SERVICO - NIV: 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.
SERVICO - NIV
Largest movements
- Cash +€23,881
up €23,881 (+46.1%), from €51,795 to €75,675
mainly Trade debts (+€23,433) and Net result for the year (+€13,915)
- Receivables within one year +€15,573
up €15,573 (+17.0%), from €91,732 to €107,305
of which Trade receivables: +€13,500
- Trade debts +€23,433
up €23,433 (+99.2%), from €23,633 to €47,066
- Reserves +€13,915
up €13,915 (+15.3%), from €91,155 to €105,070
- Gross operating margin -€33,876
down €33,876 (-32.8%), from €103,283 to €69,407
- Taxes -€8,703
down €8,703 (-56.7%), from €15,348 to €6,645
- Staff costs +€1,539
up €1,539 (+3.3%), from €46,057 to €47,597
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 | €145,481 | €184,519 | +€39,038 | +26.8% |
| Fixed assets | 21/28 | €1,955 | €1,435 | -€520 | -26.6% |
| Tangible fixed assets | 22/27 | €1,955 | €1,435 | -€520 | -26.6% |
| Other tangible fixed assets | 26 | €1,955 | €1,435 | -€520 | -26.6% |
| Current assets | 29/58 | €143,526 | €183,084 | +€39,558 | +27.6% |
| Amounts receivable within one year | 40/41 | €91,732 | €107,305 | +€15,573 | +17.0% |
| Trade receivables | 40 | €82,191 | €95,691 | +€13,500 | +16.4% |
| Other amounts receivable | 41 | €9,540 | €11,614 | +€2,073 | +21.7% |
| Cash at bank and in hand | 54/58 | €51,795 | €75,675 | +€23,881 | +46.1% |
| Deferred charges and accrued income | 490/1 | - | €104 | +€104 | |
| Total equity and liabilities | 10/49 | €145,481 | €184,519 | +€39,038 | +26.8% |
| Equity | 10/15 | €109,747 | €123,662 | +€13,915 | +12.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €91,155 | €105,070 | +€13,915 | +15.3% |
| Distributable reserves | 133 | €91,155 | €105,070 | +€13,915 | +15.3% |
| Amounts payable | 17/49 | €35,734 | €60,857 | +€25,123 | +70.3% |
| Amounts payable within one year | 42/48 | €35,734 | €60,857 | +€25,123 | +70.3% |
| Trade debts | 44 | €23,633 | €47,066 | +€23,433 | +99.2% |
| Suppliers | 440/4 | €23,633 | €47,066 | +€23,433 | +99.2% |
| Taxes, remuneration and social security | 45 | €12,101 | €13,401 | +€1,300 | +10.7% |
| Taxes | 450/3 | €5,348 | €6,645 | +€1,297 | +24.2% |
| Remuneration and social security | 454/9 | €6,752 | €6,756 | +€3 | 0.0% |
| Other amounts payable | 47/48 | - | €390 | +€390 | |
| Non-recurring operating income | 76A | €2,473 | - | -€2,473 | |
| Remuneration, social security and pensions | 62 | €46,057 | €47,597 | +€1,539 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €906 | €520 | -€386 | -42.6% |
| Other operating charges | 640/8 | €888 | €92 | -€796 | -89.6% |
| Non-recurring operating charges | 66A | €487 | - | -€487 | |
| Gross operating margin | 9900 | €103,283 | €69,407 | -€33,876 | -32.8% |
| Operating profit (loss) | 9901 | €54,944 | €21,198 | -€33,746 | -61.4% |
| Financial income | 75/76B | €558 | €159 | -€399 | -71.6% |
| Recurring financial income | 75 | €558 | €159 | -€399 | -71.6% |
| Financial charges | 65/66B | €496 | €797 | +€300 | +60.5% |
| Recurring financial charges | 65 | €496 | €797 | +€300 | +60.5% |
| Profit (loss) for the period before taxes | 9903 | €55,006 | €20,561 | -€34,446 | -62.6% |
| Income taxes | 67/77 | €15,348 | €6,645 | -€8,703 | -56.7% |
| Profit (loss) for the period | 9904 | €39,658 | €13,915 | -€25,743 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,658 | €13,915 | -€25,743 | -64.9% |
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 12 October 2026 via checked.be.