SERVIGAZ: 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.
SERVIGAZ
Largest movements
- Tangible fixed assets +€31,581
up €31,581 (+64.5%), from €48,964 to €80,545
of which Furniture and vehicles: +€36,112
- Receivables within one year -€4,383
down €4,383 (-4.5%), from €97,380 to €92,997
of which Other amounts receivable: -€2,545
- Tax, wage and social debts +€23,946
up €23,946 (+72.6%), from €33,000 to €56,946
of which Taxes: +€23,446
- Reserves -€12,372
down €12,372 (-35.8%), from €34,534 to €22,161
of which Distributable reserves: -€12,372
- Contributions +€12,000
up €12,000 (+193.5%), from €6,200 to €18,200
- Current portion of long-term debt +€6,597
up €6,597 (+106.0%), from €6,221 to €12,818
- Trade debts +€6,539
up €6,539 (+18.6%), from €35,164 to €41,703
- Gross operating margin -€39,121
down €39,121, from €32,363 to -€6,759
- Financial income +€14,900
up €14,900 (+437.1%), from €3,409 to €18,309
of which Non-recurring financial income: +€14,220
- Depreciation +€5,346
up €5,346 (+61.2%), from €8,730 to €14,076
- Write-downs +€2,797
new in 2024: €2,797
- Taxes -€2,426
down €2,426 (-95.1%), from €2,552 to €126
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,940 | €195,886 | +€27,946 | +16.6% |
| Fixed assets | 21/28 | €48,964 | €80,545 | +€31,581 | +64.5% |
| Tangible fixed assets | 22/27 | €48,964 | €80,545 | +€31,581 | +64.5% |
| Land and buildings | 22 | €35,973 | €31,882 | -€4,091 | -11.4% |
| Plant, machinery and equipment | 23 | €3,078 | €2,638 | -€440 | -14.3% |
| Furniture and vehicles | 24 | €9,914 | €46,026 | +€36,112 | +364.3% |
| Current assets | 29/58 | €118,976 | €115,341 | -€3,635 | -3.1% |
| Stocks and contracts in progress | 3 | €21,595 | €22,344 | +€748 | +3.5% |
| Stocks | 30/36 | €21,595 | €22,344 | +€748 | +3.5% |
| Amounts receivable within one year | 40/41 | €97,380 | €92,997 | -€4,383 | -4.5% |
| Trade receivables | 40 | €22,187 | €20,349 | -€1,838 | -8.3% |
| Other amounts receivable | 41 | €75,193 | €72,648 | -€2,545 | -3.4% |
| Total equity and liabilities | 10/49 | €167,940 | €195,886 | +€27,946 | +16.6% |
| Equity | 10/15 | €40,734 | €40,361 | -€372 | -0.9% |
| Contributions | 10/11 | €6,200 | €18,200 | +€12,000 | +193.5% |
| Reserves | 13 | €34,534 | €22,161 | -€12,372 | -35.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,674 | €20,301 | -€12,372 | -37.9% |
| Amounts payable | 17/49 | €127,207 | €155,525 | +€28,319 | +22.3% |
| Amounts payable after more than one year | 17 | €25,152 | €21,334 | -€3,818 | -15.2% |
| Financial debts | 170/4 | €25,152 | €21,334 | -€3,818 | -15.2% |
| Amounts payable within one year | 42/48 | €102,055 | €134,191 | +€32,136 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €6,221 | €12,818 | +€6,597 | +106.0% |
| Financial debts | 43 | €27,670 | €22,724 | -€4,946 | -17.9% |
| Credit institutions | 430/8 | €27,670 | €22,724 | -€4,946 | -17.9% |
| Trade debts | 44 | €35,164 | €41,703 | +€6,539 | +18.6% |
| Suppliers | 440/4 | €35,164 | €41,703 | +€6,539 | +18.6% |
| Taxes, remuneration and social security | 45 | €33,000 | €56,946 | +€23,946 | +72.6% |
| Taxes | 450/3 | €33,000 | €56,446 | +€23,446 | +71.0% |
| Remuneration and social security | 454/9 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,730 | €14,076 | +€5,346 | +61.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,797 | +€2,797 | |
| Other operating charges | 640/8 | €3,336 | €1,534 | -€1,802 | -54.0% |
| Non-recurring operating charges | 66A | €3,974 | €86 | -€3,888 | -97.8% |
| Gross operating margin | 9900 | €32,363 | -€6,759 | -€39,121 | |
| Operating profit (loss) | 9901 | €16,322 | -€25,252 | -€41,574 | |
| Financial income | 75/76B | €3,409 | €18,309 | +€14,900 | +437.1% |
| Recurring financial income | 75 | €3,409 | €4,088 | +€680 | +19.9% |
| Non-recurring financial income | 76B | - | €14,220 | +€14,220 | |
| Financial charges | 65/66B | €4,832 | €5,303 | +€471 | +9.7% |
| Recurring financial charges | 65 | €4,832 | €5,303 | +€471 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €14,898 | -€12,246 | -€27,145 | |
| Income taxes | 67/77 | €2,552 | €126 | -€2,426 | -95.1% |
| Profit (loss) for the period | 9904 | €12,346 | -€12,372 | -€24,719 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,346 | -€12,372 | -€24,719 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.