SERVIMMO S: 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.
SERVIMMO S
Largest movements
- Cash -€33,418
down €33,418 (-96.5%), from €34,620 to €1,202
mainly Investment in fixed assets (net) (-€40,608) and Receivables within one year (-€20,428)
- Receivables within one year +€20,428
up €20,428 (+310%), from €6,588 to €27,016
of which Trade receivables: +€19,380
- Deferred charges and accrued income +€17,788
up €17,788 (+262%), from €6,783 to €24,571
- Intangible fixed assets +€17,379
up €17,379 (+30.9%), from €56,274 to €73,653
- Tangible fixed assets +€4,718
up €4,718 (+20.5%), from €23,025 to €27,743
of which Land and buildings: +€5,225
- Reserves +€19,400
up €19,400 (+22.1%), from €87,700 to €107,100
- Other debts +€9,222
up €9,222 (+82.5%), from €11,173 to €20,395
- Trade debts -€3,293
no longer reported in 2025 (was €3,293)
- Staff costs +€32,578
up €32,578 (+166%), from €19,622 to €52,200
- Gross operating margin +€10,776
up €10,776 (+11.3%), from €95,330 to €106,106
- Taxes -€6,743
down €6,743 (-37.9%), from €17,806 to €11,063
- Depreciation +€6,643
up €6,643 (+56.0%), from €11,868 to €18,511
- Financial charges +€1,692
up €1,692 (+3,453%), from €49 to €1,741
of which Financial charges: +€1,595
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 | €127,290 | €154,185 | +€26,895 | +21.1% |
| Fixed assets | 21/28 | €79,299 | €101,396 | +€22,097 | +27.9% |
| Intangible fixed assets | 21 | €56,274 | €73,653 | +€17,379 | +30.9% |
| Tangible fixed assets | 22/27 | €23,025 | €27,743 | +€4,718 | +20.5% |
| Land and buildings | 22 | - | €5,225 | +€5,225 | |
| Plant, machinery and equipment | 23 | €5,652 | €4,282 | -€1,370 | -24.2% |
| Furniture and vehicles | 24 | €17,373 | €18,236 | +€863 | +5.0% |
| Current assets | 29/58 | €47,991 | €52,789 | +€4,798 | +10.0% |
| Amounts receivable within one year | 40/41 | €6,588 | €27,016 | +€20,428 | +310% |
| Trade receivables | 40 | - | €19,380 | +€19,380 | |
| Other amounts receivable | 41 | €6,588 | €7,636 | +€1,048 | +15.9% |
| Cash at bank and in hand | 54/58 | €34,620 | €1,202 | -€33,418 | -96.5% |
| Deferred charges and accrued income | 490/1 | €6,783 | €24,571 | +€17,788 | +262% |
| Total equity and liabilities | 10/49 | €127,290 | €154,185 | +€26,895 | +21.1% |
| Equity | 10/15 | €93,618 | €113,302 | +€19,684 | +21.0% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €87,700 | €107,100 | +€19,400 | +22.1% |
| Distributable reserves | 133 | €87,700 | €107,100 | +€19,400 | +22.1% |
| Profit (loss) carried forward | 14 | €5,718 | €6,002 | +€284 | +5.0% |
| Amounts payable | 17/49 | €33,672 | €40,883 | +€7,211 | +21.4% |
| Amounts payable within one year | 42/48 | €33,672 | €40,883 | +€7,211 | +21.4% |
| Trade debts | 44 | €3,293 | - | -€3,293 | |
| Suppliers | 440/4 | €3,293 | - | -€3,293 | |
| Taxes, remuneration and social security | 45 | €19,206 | €20,488 | +€1,282 | +6.7% |
| Taxes | 450/3 | €15,786 | €14,976 | -€810 | -5.1% |
| Remuneration and social security | 454/9 | €3,420 | €5,512 | +€2,092 | +61.2% |
| Other amounts payable | 47/48 | €11,173 | €20,395 | +€9,222 | +82.5% |
| Remuneration, social security and pensions | 62 | €19,622 | €52,200 | +€32,578 | +166% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,868 | €18,511 | +€6,643 | +56.0% |
| Other operating charges | 640/8 | €387 | €1,241 | +€854 | +221% |
| Gross operating margin | 9900 | €95,330 | €106,106 | +€10,776 | +11.3% |
| Operating profit (loss) | 9901 | €63,453 | €34,154 | -€29,299 | -46.2% |
| Financial charges | 65/66B | €49 | €1,741 | +€1,692 | +3,453% |
| Recurring financial charges | 65 | €49 | €1,644 | +€1,595 | +3,255% |
| Non-recurring financial charges | 66B | - | €97 | +€97 | |
| Profit (loss) for the period before taxes | 9903 | €63,404 | €32,413 | -€30,991 | -48.9% |
| Income taxes | 67/77 | €17,806 | €11,063 | -€6,743 | -37.9% |
| Profit (loss) for the period | 9904 | €45,598 | €21,350 | -€24,248 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,598 | €21,350 | -€24,248 | -53.2% |
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 17 October 2026 via checked.be.