SERVIMAC: 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.
SERVIMAC
Largest movements
- Cash +€145,808
up €145,808 (+38.1%), from €383,016 to €528,824
mainly Net result for the year (+€244,745) and Other debts (+€45,000)
- Receivables within one year +€20,555
up €20,555 (+37.0%), from €55,567 to €76,122
of which Other amounts receivable: +€18,111
- Tangible fixed assets -€7,072
down €7,072 (-16.5%), from €42,800 to €35,728
of which Furniture and vehicles: -€5,799
- Reserves +€113,745
up €113,745 (+25.5%), from €446,748 to €560,494
- Other debts +€45,000
new in 2025: €45,000
- Gross operating margin -€155,309
down €155,309 (-30.7%), from €505,969 to €350,660
- Taxes -€50,000
down €50,000 (-33.8%), from €148,005 to €98,004
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 | €483,349 | €644,550 | +€161,201 | +33.4% |
| Fixed assets | 21/28 | €42,800 | €35,728 | -€7,072 | -16.5% |
| Tangible fixed assets | 22/27 | €42,800 | €35,728 | -€7,072 | -16.5% |
| Land and buildings | 22 | €4,130 | €3,358 | -€772 | -18.7% |
| Plant, machinery and equipment | 23 | €16,292 | €15,791 | -€501 | -3.1% |
| Furniture and vehicles | 24 | €22,378 | €16,579 | -€5,799 | -25.9% |
| Current assets | 29/58 | €440,548 | €608,822 | +€168,273 | +38.2% |
| Amounts receivable within one year | 40/41 | €55,567 | €76,122 | +€20,555 | +37.0% |
| Trade receivables | 40 | €44,098 | €46,543 | +€2,445 | +5.5% |
| Other amounts receivable | 41 | €11,469 | €29,580 | +€18,111 | +158% |
| Cash at bank and in hand | 54/58 | €383,016 | €528,824 | +€145,808 | +38.1% |
| Deferred charges and accrued income | 490/1 | €1,966 | €3,876 | +€1,910 | +97.2% |
| Total equity and liabilities | 10/49 | €483,349 | €644,550 | +€161,201 | +33.4% |
| Equity | 10/15 | €447,748 | €561,494 | +€113,745 | +25.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €446,748 | €560,494 | +€113,745 | +25.5% |
| Distributable reserves | 133 | €446,748 | €560,494 | +€113,745 | +25.5% |
| Amounts payable | 17/49 | €35,600 | €83,056 | +€47,456 | +133% |
| Amounts payable within one year | 42/48 | €35,600 | €83,056 | +€47,456 | +133% |
| Trade debts | 44 | €16,294 | €18,732 | +€2,438 | +15.0% |
| Suppliers | 440/4 | €16,294 | €18,732 | +€2,438 | +15.0% |
| Taxes, remuneration and social security | 45 | €19,306 | €19,324 | +€18 | +0.1% |
| Taxes | 450/3 | €16,503 | €16,521 | +€18 | +0.1% |
| Remuneration and social security | 454/9 | €2,803 | €2,803 | = | 0.0% |
| Other amounts payable | 47/48 | - | €45,000 | +€45,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,098 | €7,955 | +€857 | +12.1% |
| Other operating charges | 640/8 | €659 | €240 | -€419 | -63.6% |
| Gross operating margin | 9900 | €505,969 | €350,660 | -€155,309 | -30.7% |
| Operating profit (loss) | 9901 | €498,212 | €342,465 | -€155,746 | -31.3% |
| Financial income | 75/76B | €964 | €2,556 | +€1,592 | +165% |
| Recurring financial income | 75 | €964 | €2,556 | +€1,592 | +165% |
| Financial charges | 65/66B | €2,822 | €2,272 | -€550 | -19.5% |
| Recurring financial charges | 65 | €2,822 | €2,272 | -€550 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €496,354 | €342,750 | -€153,605 | -30.9% |
| Income taxes | 67/77 | €148,005 | €98,004 | -€50,000 | -33.8% |
| Profit (loss) for the period | 9904 | €348,350 | €244,745 | -€103,604 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €348,350 | €244,745 | -€103,604 | -29.7% |
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 13 October 2026 via checked.be.