Servio Deco: 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 Deco
Largest movements
- Tangible fixed assets -€45,324
down €45,324 (-30.5%), from €148,777 to €103,453
of which Plant, machinery and equipment: -€30,803
- Receivables within one year -€9,301
down €9,301 (-91.4%), from €10,179 to €878
of which Trade receivables: -€7,105
- Intangible fixed assets -€6,428
down €6,428 (-26.9%), from €23,858 to €17,429
- Debts after one year -€38,141
down €38,141 (-53.0%), from €71,921 to €33,780
- Trade debts -€17,084
down €17,084 (-33.4%), from €51,223 to €34,140
- Current portion of long-term debt -€9,366
down €9,366 (-23.0%), from €40,787 to €31,421
- Profit (loss) carried forward +€8,089
up €8,089 (+38.9%), from -€20,794 to -€12,705
- Tax, wage and social debts -€4,843
down €4,843 (-27.5%), from €17,643 to €12,799
of which Remuneration and social security: -€3,308
- Gross operating margin +€66,518
up €66,518 (+19.2%), from €346,441 to €412,959
- Staff costs +€35,889
up €35,889 (+11.5%), from €311,008 to €346,897
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 | €242,431 | €181,136 | -€61,295 | -25.3% |
| Fixed assets | 21/28 | €172,634 | €120,882 | -€51,752 | -30.0% |
| Intangible fixed assets | 21 | €23,858 | €17,429 | -€6,428 | -26.9% |
| Tangible fixed assets | 22/27 | €148,777 | €103,453 | -€45,324 | -30.5% |
| Plant, machinery and equipment | 23 | €98,906 | €68,103 | -€30,803 | -31.1% |
| Furniture and vehicles | 24 | €49,871 | €35,350 | -€14,521 | -29.1% |
| Current assets | 29/58 | €69,797 | €60,254 | -€9,543 | -13.7% |
| Amounts receivable within one year | 40/41 | €10,179 | €878 | -€9,301 | -91.4% |
| Trade receivables | 40 | €7,105 | €0 | -€7,105 | -100% |
| Other amounts receivable | 41 | €3,074 | €878 | -€2,196 | -71.4% |
| Cash at bank and in hand | 54/58 | €49,618 | €48,977 | -€641 | -1.3% |
| Deferred charges and accrued income | 490/1 | €10,000 | €10,400 | +€400 | +4.0% |
| Total equity and liabilities | 10/49 | €242,431 | €181,136 | -€61,295 | -25.3% |
| Equity | 10/15 | €45,774 | €53,863 | +€8,089 | +17.7% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €48,568 | €48,568 | = | 0.0% |
| Distributable reserves | 133 | €48,568 | €48,568 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,794 | -€12,705 | +€8,089 | +38.9% |
| Amounts payable | 17/49 | €196,657 | €127,274 | -€69,384 | -35.3% |
| Amounts payable after more than one year | 17 | €71,921 | €33,780 | -€38,141 | -53.0% |
| Financial debts | 170/4 | €71,921 | €33,780 | -€38,141 | -53.0% |
| Amounts payable within one year | 42/48 | €124,736 | €93,494 | -€31,242 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €40,787 | €31,421 | -€9,366 | -23.0% |
| Trade debts | 44 | €51,223 | €34,140 | -€17,084 | -33.4% |
| Suppliers | 440/4 | €51,223 | €34,140 | -€17,084 | -33.4% |
| Taxes, remuneration and social security | 45 | €17,643 | €12,799 | -€4,843 | -27.5% |
| Taxes | 450/3 | €12,031 | €10,496 | -€1,535 | -12.8% |
| Remuneration and social security | 454/9 | €5,612 | €2,304 | -€3,308 | -58.9% |
| Other amounts payable | 47/48 | €15,084 | €15,134 | +€50 | +0.3% |
| Remuneration, social security and pensions | 62 | €311,008 | €346,897 | +€35,889 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,242 | €54,448 | +€1,206 | +2.3% |
| Other operating charges | 640/8 | €865 | €903 | +€38 | +4.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €346,441 | €412,959 | +€66,518 | +19.2% |
| Operating profit (loss) | 9901 | -€18,674 | €10,710 | +€29,384 | |
| Financial income | 75/76B | €0 | €22 | +€22 | +10,400% |
| Recurring financial income | 75 | €0 | €22 | +€22 | +10,400% |
| Financial charges | 65/66B | €2,121 | €2,181 | +€60 | +2.8% |
| Recurring financial charges | 65 | €2,121 | €2,181 | +€60 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,794 | €8,552 | +€29,346 | |
| Income taxes | 67/77 | €0 | €463 | +€463 | |
| Profit (loss) for the period | 9904 | -€20,794 | €8,089 | +€28,883 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,794 | €8,089 | +€28,883 |
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.