SERVIMO PROPERTY MANAGEMENT: 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.
SERVIMO PROPERTY MANAGEMENT
Largest movements
- Tangible fixed assets -€70,022
down €70,022 (-5.2%), from €1.4m to €1.3m
of which Land and buildings: -€60,829
- Debts after one year -€155,469
down €155,469 (-13.9%), from €1.1m to €964,327
of which Financial debts: -€155,469
- Current portion of long-term debt +€61,050
up €61,050 (+64.7%), from €94,420 to €155,469
- Reserves +€46,163
up €46,163 (+35.5%), from €130,055 to €176,218
of which Distributable reserves: +€46,163
- Trade debts -€16,128
down €16,128 (-98.3%), from €16,400 to €272
- Gross operating margin +€7,911
up €7,911 (+5.0%), from €157,146 to €165,057
- Other operating charges -€5,738
down €5,738 (-28.4%), from €20,184 to €14,446
- Taxes +€4,149
up €4,149 (+35.0%), from €11,849 to €15,998
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 | €1,447,921 | €1,386,557 | -€61,363 | -4.2% |
| Fixed assets | 21/28 | €1,361,816 | €1,291,794 | -€70,022 | -5.1% |
| Tangible fixed assets | 22/27 | €1,356,823 | €1,286,801 | -€70,022 | -5.2% |
| Land and buildings | 22 | €1,273,046 | €1,212,217 | -€60,829 | -4.8% |
| Other tangible fixed assets | 26 | €83,777 | €74,584 | -€9,193 | -11.0% |
| Financial fixed assets | 28 | €4,994 | €4,994 | = | 0.0% |
| Current assets | 29/58 | €86,104 | €94,763 | +€8,659 | +10.1% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €86,104 | €94,763 | +€8,659 | +10.1% |
| Total equity and liabilities | 10/49 | €1,447,921 | €1,386,557 | -€61,363 | -4.2% |
| Equity | 10/15 | €196,188 | €242,351 | +€46,163 | +23.5% |
| Contributions | 10/11 | €66,134 | €66,134 | = | 0.0% |
| Reserves | 13 | €130,055 | €176,218 | +€46,163 | +35.5% |
| Non-distributable reserves | 130/1 | €5,686 | €5,686 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,686 | €5,686 | = | 0.0% |
| Distributable reserves | 133 | €124,369 | €170,532 | +€46,163 | +37.1% |
| Amounts payable | 17/49 | €1,251,732 | €1,144,206 | -€107,526 | -8.6% |
| Amounts payable after more than one year | 17 | €1,119,796 | €964,327 | -€155,469 | -13.9% |
| Financial debts | 170/4 | €1,115,879 | €960,410 | -€155,469 | -13.9% |
| Other amounts payable | 178/9 | €3,917 | €3,917 | = | 0.0% |
| Amounts payable within one year | 42/48 | €123,972 | €170,279 | +€46,307 | +37.4% |
| Current portion of amounts payable after more than one year | 42 | €94,420 | €155,469 | +€61,050 | +64.7% |
| Trade debts | 44 | €16,400 | €272 | -€16,128 | -98.3% |
| Suppliers | 440/4 | €16,400 | €272 | -€16,128 | -98.3% |
| Taxes, remuneration and social security | 45 | €1,099 | €1,998 | +€899 | +81.9% |
| Taxes | 450/3 | €1,099 | €1,998 | +€899 | +81.9% |
| Other amounts payable | 47/48 | €12,054 | €12,540 | +€486 | +4.0% |
| Accrued charges and deferred income | 492/3 | €7,964 | €9,600 | +€1,636 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,593 | €73,722 | +€129 | +0.2% |
| Other operating charges | 640/8 | €20,184 | €14,446 | -€5,738 | -28.4% |
| Gross operating margin | 9900 | €157,146 | €165,057 | +€7,911 | +5.0% |
| Operating profit (loss) | 9901 | €63,369 | €76,889 | +€13,520 | +21.3% |
| Financial charges | 65/66B | €15,719 | €14,728 | -€991 | -6.3% |
| Recurring financial charges | 65 | €15,719 | €14,728 | -€991 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €47,651 | €62,161 | +€14,511 | +30.5% |
| Income taxes | 67/77 | €11,849 | €15,998 | +€4,149 | +35.0% |
| Profit (loss) for the period | 9904 | €35,802 | €46,163 | +€10,361 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,802 | €46,163 | +€10,361 | +28.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.