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SERVIMUR: 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.

What changed

SERVIMUR

BE 0864.021.857
fiscal year 2020 against 2023not consecutivefiled annual accounts (NBB)
Net result for the year
€1,252
2020 · €5,854-€4,603
Equity
€63,768
2020 · €69,764-€5,996
Cash
€2,598
2020 · €805+€1,793
Balance sheet total
€94,024
2020 · €96,023-€1,999

Largest movements

2020 to 2023
Assets
  • Financial fixed assets -€12,184

    down €12,184 (-15.4%), from €79,184 to €67,000

  • Current assets +€11,106

    up €11,106 (+71.1%), from €15,612 to €26,718

    of which Receivables within one year: +€10,893

  • Intangible fixed assets -€1,110

    down €1,110 (-100.0%), from €1,110 to €0

Equity and liabilities
  • Equity -€5,996

    down €5,996 (-8.6%), from €69,764 to €63,768

    of which Profit (loss) carried forward: -€5,996

  • Debts +€3,997

    up €3,997 (+15.2%), from €26,259 to €30,256

    of which Accrued charges and deferred income: +€4,514

Income statement
  • Gross operating margin -€10,870

    down €10,870 (-78.9%), from €13,768 to €2,898

  • Depreciation -€3,678

    down €3,678 (-83.9%), from €4,381 to €703

  • Taxes -€1,650

    no longer reported in 2023 (was €1,650)

  • Financial charges +€597

    new in 2023: €597

  • Other operating charges +€399

    new in 2023: €399

From the 2020 result to the 2023 result

effect on the 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.

Result 2020 €5,854
Gross operating margin -€10,870
Depreciation +€3,678
Other operating charges -€399
Other operating items +€511
Financial income +€73
Financial charges -€597
Other financial items +€1,555
Taxes +€1,650
Deferred taxes and other -€204
Result 2023 €1,252

Cash bridge derived

cash 2020 to 2023

A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 46 lines
Line Code 2020 2023 Change %
Total assets 20/58 €96,023 €94,024 -€1,999 -2.1%
Fixed assets 21/28 €80,411 €67,306 -€13,105 -16.3%
Intangible fixed assets 21 €1,110 €0 -€1,110 -100.0%
Tangible fixed assets 22/27 €117 €306 +€189 +162.2%
Plant, machinery and equipment 23 - €306 +€306
Financial fixed assets 28 €79,184 €67,000 -€12,184 -15.4%
Current assets 29/58 €15,612 €26,718 +€11,106 +71.1%
Stocks and contracts in progress 3 €4,183 €2,406 -€1,777 -42.5%
Stocks 30/36 - €2,406 +€2,406
Amounts receivable within one year 40/41 €10,495 €21,388 +€10,893 +103.8%
Trade receivables 40 - €6,336 +€6,336
Other amounts receivable 41 - €15,052 +€15,052
Current investments 50/53 - €100 +€100
Cash at bank and in hand 54/58 €805 €2,598 +€1,793 +222.8%
Deferred charges and accrued income 490/1 - €227 +€227
Total equity and liabilities 10/49 €96,023 €94,024 -€1,999 -2.1%
Equity 10/15 €69,764 €63,768 -€5,996 -8.6%
Contributions 10/11 - €6,200 +€6,200
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 - €1,860 +€1,860
Reserves not available under the articles 1311 - €1,860 +€1,860
Profit (loss) carried forward 14 €61,704 €55,708 -€5,996 -9.7%
Amounts payable 17/49 €26,259 €30,256 +€3,997 +15.2%
Amounts payable within one year 42/48 €22,498 €25,742 +€3,244 +14.4%
Financial debts 43 - €3,062 +€3,062
Credit institutions 430/8 - €3,062 +€3,062
Trade debts 44 €15,583 €20,423 +€4,840 +31.1%
Suppliers 440/4 - €20,423 +€20,423
Taxes, remuneration and social security 45 - €1,704 +€1,704
Taxes 450/3 - €1,704 +€1,704
Other amounts payable 47/48 - €554 +€554
Accrued charges and deferred income 492/3 - €4,514 +€4,514
Non-recurring operating income 76A - €3,107 +€3,107
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,381 €703 -€3,678 -83.9%
Other operating charges 640/8 - €399 +€399
Non-recurring operating charges 66A - €21 +€21
Gross operating margin 9900 €13,768 €2,898 -€10,870 -78.9%
Operating profit (loss) 9901 €8,855 €1,776 -€7,080 -79.9%
Financial income 75/76B - €73 +€73
Recurring financial income 75 €1 €73 +€73 +13475.9%
Financial charges 65/66B - €597 +€597
Recurring financial charges 65 €1,556 €597 -€958 -61.6%
Profit (loss) for the period before taxes 9903 €7,300 €1,252 -€6,049 -82.9%
Income taxes 67/77 €1,650 - -€1,650
Profit (loss) for the period 9904 €5,854 €1,252 -€4,603 -78.6%
Profit (loss) for the period to be appropriated 9905 €6,250 €1,252 -€4,999 -80.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.