SERVIMED: 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.
SERVIMED
Largest movements
- Receivables after one year +€4,249
new in 2025: €4,249
- Cash -€395
down €395 (-45.7%), from €864 to €469
mainly Net result for the year (-€4,731) and Receivables after one year (-€4,249)
- Deferred charges and accrued income -€279
no longer reported in 2025 (was €279)
- Debts after one year +€8,102
up €8,102 (+7.2%), from €112,014 to €120,116
- Profit (loss) carried forward -€4,731
down €4,731 (-3.7%), from -€129,471 to -€134,202
- Current portion of long-term debt +€204
new in 2025: €204
- Gross operating margin -€97
down €97 (-2.1%), from -€4,634 to -€4,731
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 | €1,143 | €4,718 | +€3,575 | +312.8% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €1,143 | €4,718 | +€3,575 | +312.8% |
| Amounts receivable after more than one year | 29 | - | €4,249 | +€4,249 | |
| Trade receivables | 290 | - | €4,249 | +€4,249 | |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €864 | €469 | -€395 | -45.7% |
| Deferred charges and accrued income | 490/1 | €279 | - | -€279 | |
| Total equity and liabilities | 10/49 | €1,143 | €4,718 | +€3,575 | +312.8% |
| Equity | 10/15 | -€110,871 | -€115,602 | -€4,731 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,471 | -€134,202 | -€4,731 | -3.7% |
| Amounts payable | 17/49 | €112,014 | €120,320 | +€8,306 | +7.4% |
| Amounts payable after more than one year | 17 | €112,014 | €120,116 | +€8,102 | +7.2% |
| Financial debts | 170/4 | €112,014 | €120,116 | +€8,102 | +7.2% |
| Amounts payable within one year | 42/48 | - | €204 | +€204 | |
| Current portion of amounts payable after more than one year | 42 | - | €204 | +€204 | |
| Gross operating margin | 9900 | -€4,634 | -€4,731 | -€97 | -2.1% |
| Operating profit (loss) | 9901 | -€4,634 | -€4,731 | -€97 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,634 | -€4,731 | -€97 | -2.1% |
| Profit (loss) for the period | 9904 | -€4,634 | -€4,731 | -€97 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,634 | -€4,731 | -€97 | -2.1% |
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.