SERVIO: 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.
SERVIO
Largest movements
- Cash +€110,184
up €110,184 (+49.5%), from €222,678 to €332,862
mainly Net result for the year (+€89,713) and Other debts (+€75,000)
- Receivables within one year -€7,397
down €7,397 (-4.1%), from €181,840 to €174,443
of which Trade receivables: -€7,600
- Tangible fixed assets -€5,129
down €5,129 (-73.1%), from €7,013 to €1,884
of which Leasing and similar rights: -€6,336
- Other debts +€75,000
new in 2025: €75,000
- Reserves +€14,713
up €14,713 (+6.5%), from €227,257 to €241,969
- Tax, wage and social debts +€10,574
up €10,574 (+906%), from €1,167 to €11,741
- Trade debts -€6,765
down €6,765 (-35.3%), from €19,154 to €12,390
- Gross operating margin +€90,318
up €90,318 (+541%), from €16,704 to €107,021
- Taxes +€5,531
up €5,531 (+369%), from €1,499 to €7,031
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 | €416,128 | €509,650 | +€93,522 | +22.5% |
| Fixed assets | 21/28 | €7,013 | €1,884 | -€5,129 | -73.1% |
| Tangible fixed assets | 22/27 | €7,013 | €1,884 | -€5,129 | -73.1% |
| Furniture and vehicles | 24 | - | €1,207 | +€1,207 | |
| Leasing and similar rights | 25 | €7,013 | €677 | -€6,336 | -90.3% |
| Current assets | 29/58 | €409,115 | €507,767 | +€98,651 | +24.1% |
| Stocks and contracts in progress | 3 | €4,234 | €0 | -€4,234 | -100% |
| Stocks | 30/36 | €4,234 | €0 | -€4,234 | -100% |
| Amounts receivable within one year | 40/41 | €181,840 | €174,443 | -€7,397 | -4.1% |
| Trade receivables | 40 | €42,072 | €34,471 | -€7,600 | -18.1% |
| Other amounts receivable | 41 | €139,768 | €139,972 | +€204 | +0.1% |
| Cash at bank and in hand | 54/58 | €222,678 | €332,862 | +€110,184 | +49.5% |
| Deferred charges and accrued income | 490/1 | €364 | €462 | +€98 | +26.9% |
| Total equity and liabilities | 10/49 | €416,128 | €509,650 | +€93,522 | +22.5% |
| Equity | 10/15 | €395,807 | €410,519 | +€14,713 | +3.7% |
| Contributions | 10/11 | €168,550 | €168,550 | = | 0.0% |
| Reserves | 13 | €227,257 | €241,969 | +€14,713 | +6.5% |
| Distributable reserves | 133 | €227,257 | €241,969 | +€14,713 | +6.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €20,321 | €99,131 | +€78,810 | +388% |
| Amounts payable within one year | 42/48 | €20,321 | €99,131 | +€78,810 | +388% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €19,154 | €12,390 | -€6,765 | -35.3% |
| Suppliers | 440/4 | €19,154 | €12,390 | -€6,765 | -35.3% |
| Taxes, remuneration and social security | 45 | €1,167 | €11,741 | +€10,574 | +906% |
| Taxes | 450/3 | €1,167 | €11,741 | +€10,574 | +906% |
| Other amounts payable | 47/48 | - | €75,000 | +€75,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,336 | €6,588 | +€252 | +4.0% |
| Other operating charges | 640/8 | €2,040 | €1,804 | -€236 | -11.6% |
| Non-recurring operating charges | 66A | €7,782 | €0 | -€7,782 | -100% |
| Gross operating margin | 9900 | €16,704 | €107,021 | +€90,318 | +541% |
| Operating profit (loss) | 9901 | €546 | €98,629 | +€98,083 | +17,973% |
| Financial income | 75/76B | €99 | €0 | -€99 | -100% |
| Recurring financial income | 75 | €99 | €0 | -€99 | -100% |
| Financial charges | 65/66B | €1,925 | €1,886 | -€39 | -2.0% |
| Recurring financial charges | 65 | €1,925 | €1,886 | -€39 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,280 | €96,743 | +€98,024 | |
| Income taxes | 67/77 | €1,499 | €7,031 | +€5,531 | +369% |
| Profit (loss) for the period | 9904 | -€2,780 | €89,713 | +€92,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,780 | €89,713 | +€92,492 |
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 25 October 2026 via checked.be.