SERVIDIO: 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.
SERVIDIO
Largest movements
- Stocks and contracts -€78,052
down €78,052 (-64.2%), from €121,621 to €43,569
of which Contracts in progress: -€81,442
- Receivables within one year -€70,394
down €70,394 (-39.9%), from €176,533 to €106,139
of which Other amounts receivable: -€50,528
- Cash -€18,510
down €18,510 (-15.2%), from €121,447 to €102,938
mainly Net result for the year (-€121,606) and Tax, wage and social debts (-€19,505)
- Profit (loss) carried forward -€118,278
down €118,278 (-126.5%), from -€93,535 to -€211,813
- Tax, wage and social debts -€19,505
down €19,505 (-21.0%), from €92,973 to €73,468
of which Remuneration and social security: -€18,225
- Other debts -€9,534
down €9,534 (-9.1%), from €104,324 to €94,790
- Trade debts -€8,347
down €8,347 (-6.6%), from €126,564 to €118,217
- Gross operating margin -€80,971
down €80,971 (-14.3%), from €564,475 to €483,504
- Staff costs -€41,926
down €41,926 (-6.6%), from €633,564 to €591,638
- Financial charges -€13,356
down €13,356 (-76.9%), from €17,364 to €4,007
of which Non-recurring financial charges: -€13,104
- Other operating charges +€10,197
up €10,197 (+1436.1%), from €710 to €10,907
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 | €438,431 | €274,450 | -€163,980 | -37.4% |
| Fixed assets | 21/28 | €5,483 | €7,233 | +€1,750 | +31.9% |
| Tangible fixed assets | 22/27 | €5,421 | €7,171 | +€1,750 | +32.3% |
| Plant, machinery and equipment | 23 | €4,024 | €6,129 | +€2,104 | +52.3% |
| Furniture and vehicles | 24 | €1,397 | €1,043 | -€354 | -25.3% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €432,947 | €267,217 | -€165,730 | -38.3% |
| Stocks and contracts in progress | 3 | €121,621 | €43,569 | -€78,052 | -64.2% |
| Stocks | 30/36 | €30,321 | €33,711 | +€3,390 | +11.2% |
| Contracts in progress | 37 | €91,300 | €9,858 | -€81,442 | -89.2% |
| Amounts receivable within one year | 40/41 | €176,533 | €106,139 | -€70,394 | -39.9% |
| Trade receivables | 40 | €102,249 | €82,383 | -€19,866 | -19.4% |
| Other amounts receivable | 41 | €74,285 | €23,757 | -€50,528 | -68.0% |
| Cash at bank and in hand | 54/58 | €121,447 | €102,938 | -€18,510 | -15.2% |
| Deferred charges and accrued income | 490/1 | €13,346 | €14,571 | +€1,225 | +9.2% |
| Total equity and liabilities | 10/49 | €438,431 | €274,450 | -€163,980 | -37.4% |
| Equity | 10/15 | €107,915 | -€13,691 | -€121,606 | |
| Contributions | 10/11 | €33,249 | €33,249 | = | 0.0% |
| Reserves | 13 | €168,200 | €164,872 | -€3,328 | -2.0% |
| Distributable reserves | 133 | €168,200 | €164,872 | -€3,328 | -2.0% |
| Profit (loss) carried forward | 14 | -€93,535 | -€211,813 | -€118,278 | -126.5% |
| Amounts payable | 17/49 | €330,516 | €288,142 | -€42,375 | -12.8% |
| Amounts payable within one year | 42/48 | €330,516 | €288,142 | -€42,375 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €1,667 | -€3,333 | -66.7% |
| Financial debts | 43 | €1,655 | - | -€1,655 | |
| Credit institutions | 430/8 | €1,655 | - | -€1,655 | |
| Trade debts | 44 | €126,564 | €118,217 | -€8,347 | -6.6% |
| Suppliers | 440/4 | €126,564 | €118,217 | -€8,347 | -6.6% |
| Taxes, remuneration and social security | 45 | €92,973 | €73,468 | -€19,505 | -21.0% |
| Taxes | 450/3 | €4,871 | €3,592 | -€1,279 | -26.3% |
| Remuneration and social security | 454/9 | €88,102 | €69,877 | -€18,225 | -20.7% |
| Other amounts payable | 47/48 | €104,324 | €94,790 | -€9,534 | -9.1% |
| Non-recurring operating income | 76A | €4,000 | - | -€4,000 | |
| Remuneration, social security and pensions | 62 | €633,564 | €591,638 | -€41,926 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,718 | €2,477 | -€241 | -8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€4,246 | -€4,246 | |
| Other operating charges | 640/8 | €710 | €10,907 | +€10,197 | +1436.1% |
| Non-recurring operating charges | 66A | €4,246 | €191 | -€4,055 | -95.5% |
| Gross operating margin | 9900 | €564,475 | €483,504 | -€80,971 | -14.3% |
| Operating profit (loss) | 9901 | -€76,763 | -€117,463 | -€40,700 | -53.0% |
| Financial income | 75/76B | €900 | €0 | -€900 | -100.0% |
| Recurring financial income | 75 | €900 | €0 | -€900 | -100.0% |
| Financial charges | 65/66B | €17,364 | €4,007 | -€13,356 | -76.9% |
| Recurring financial charges | 65 | €3,996 | €3,744 | -€252 | -6.3% |
| Non-recurring financial charges | 66B | €13,367 | €263 | -€13,104 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | -€93,226 | -€121,470 | -€28,244 | -30.3% |
| Income taxes | 67/77 | €308 | €136 | -€172 | -56.0% |
| Profit (loss) for the period | 9904 | -€93,535 | -€121,606 | -€28,071 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,535 | -€121,606 | -€28,071 | -30.0% |
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 6 October 2026 via checked.be.