SERVIFARM: 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.
SERVIFARM
Largest movements
- Cash -€111,581
down €111,581 (-40.9%), from €272,661 to €161,080
mainly Trade debts (-€160,240) and Investment in fixed assets (net) (-€89,755)
- Tangible fixed assets +€69,601
up €69,601 (+13.0%), from €536,118 to €605,720
of which Land and buildings: +€68,327
- Trade debts -€160,240
down €160,240 (-94.0%), from €170,492 to €10,252
- Debts after one year +€124,756
up €124,756 (+81.1%), from €153,898 to €278,654
- Tax, wage and social debts +€29,648
up €29,648 (+185.0%), from €16,027 to €45,675
- Other debts -€18,400
down €18,400 (-98.2%), from €18,737 to €337
- Profit (loss) carried forward -€14,801
down €14,801 (-19.3%), from €76,663 to €61,862
- Depreciation +€17,244
up €17,244 (+592.6%), from €2,910 to €20,154
- Turnover +€13,193
up €13,193 (+9.9%), from €133,448 to €146,640
- Gross operating margin +€8,359
up €8,359 (+810.1%), from €1,032 to €9,391
- Financial charges +€7,273
up €7,273 (+738.0%), from €986 to €8,258
- Other operating charges +€4,859
up €4,859 (+172.7%), from €2,813 to €7,673
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 | €828,097 | €782,545 | -€45,552 | -5.5% |
| Fixed assets | 21/28 | €536,118 | €605,720 | +€69,601 | +13.0% |
| Tangible fixed assets | 22/27 | €536,118 | €605,720 | +€69,601 | +13.0% |
| Land and buildings | 22 | €536,118 | €604,445 | +€68,327 | +12.7% |
| Furniture and vehicles | 24 | - | €1,275 | +€1,275 | |
| Current assets | 29/58 | €291,979 | €176,826 | -€115,153 | -39.4% |
| Amounts receivable within one year | 40/41 | €19,318 | €15,020 | -€4,298 | -22.2% |
| Trade receivables | 40 | €19,318 | €15,020 | -€4,298 | -22.2% |
| Cash at bank and in hand | 54/58 | €272,661 | €161,080 | -€111,581 | -40.9% |
| Deferred charges and accrued income | 490/1 | - | €726 | +€726 | |
| Total equity and liabilities | 10/49 | €828,097 | €782,545 | -€45,552 | -5.5% |
| Equity | 10/15 | €374,926 | €351,035 | -€23,891 | -6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €292,064 | €282,974 | -€9,090 | -3.1% |
| Tax-exempt reserves | 132 | €263,744 | €254,654 | -€9,090 | -3.4% |
| Distributable reserves | 133 | €28,320 | €28,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,663 | €61,862 | -€14,801 | -19.3% |
| Provisions and deferred taxes | 16 | €87,915 | €84,885 | -€3,030 | -3.4% |
| Deferred taxes | 168 | €87,915 | €84,885 | -€3,030 | -3.4% |
| Amounts payable | 17/49 | €365,256 | €346,625 | -€18,631 | -5.1% |
| Amounts payable after more than one year | 17 | €153,898 | €278,654 | +€124,756 | +81.1% |
| Financial debts | 170/4 | €153,898 | €278,654 | +€124,756 | +81.1% |
| Amounts payable within one year | 42/48 | €211,358 | €67,971 | -€143,387 | -67.8% |
| Current portion of amounts payable after more than one year | 42 | €6,102 | €11,708 | +€5,606 | +91.9% |
| Trade debts | 44 | €170,492 | €10,252 | -€160,240 | -94.0% |
| Suppliers | 440/4 | €170,492 | €10,252 | -€160,240 | -94.0% |
| Taxes, remuneration and social security | 45 | €16,027 | €45,675 | +€29,648 | +185.0% |
| Taxes | 450/3 | €16,027 | €45,675 | +€29,648 | +185.0% |
| Other amounts payable | 47/48 | €18,737 | €337 | -€18,400 | -98.2% |
| Turnover | 70 | €133,448 | €146,640 | +€13,193 | +9.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €132,416 | €137,249 | +€4,833 | +3.7% |
| Remuneration, social security and pensions | 62 | €196 | €227 | +€31 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,910 | €20,154 | +€17,244 | +592.6% |
| Other operating charges | 640/8 | €2,813 | €7,673 | +€4,859 | +172.7% |
| Gross operating margin | 9900 | €1,032 | €9,391 | +€8,359 | +810.1% |
| Operating profit (loss) | 9901 | -€4,888 | -€18,663 | -€13,775 | -281.8% |
| Financial income | 75/76B | €2,364 | €0 | -€2,364 | -100.0% |
| Recurring financial income | 75 | €36 | €0 | -€36 | -100.0% |
| Non-recurring financial income | 76B | €2,328 | - | -€2,328 | |
| Financial charges | 65/66B | €986 | €8,258 | +€7,273 | +738.0% |
| Recurring financial charges | 65 | €986 | €8,258 | +€7,273 | +738.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,509 | -€26,921 | -€23,412 | -667.3% |
| Transfer from deferred taxes | 780 | €501 | €3,030 | +€2,529 | +504.2% |
| Income taxes | 67/77 | €416 | - | -€416 | |
| Profit (loss) for the period | 9904 | -€3,424 | -€23,891 | -€20,467 | -597.8% |
| Transfer from tax-exempt reserves | 789 | €1,504 | €9,090 | +€7,586 | +504.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,919 | -€14,801 | -€12,882 | -671.2% |
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.