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SERVIREC: 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

SERVIREC

BE 0407.814.229
fiscal year 2019 against 2020filed annual accounts (NBB)
Net result for the year
-€111
2019 · €4,245-€4,357
Equity
-€21,671
2019 · -€21,560-€111
Cash
€630
2019 · €741-€111
Balance sheet total
€630
2019 · €741-€111

Largest movements

2019 to 2020
Assets
  • Cash -€111

    down €111 (-15.0%), from €741 to €630

    mainly Net result for the year (-€111)

Equity and liabilities
  • Profit (loss) carried forward -€111

    down €111 (-0.2%), from -€56,265 to -€56,376

Income statement
  • Gross operating margin +€541

    up €541, from -€506 to €36

  • Taxes -€480

    no longer reported in 2020 (was €480)

From the 2019 result to the 2020 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 2019 €4,245
Gross operating margin +€541
Other operating items +€1,141
Financial charges -€0
Other financial items -€6,519
Taxes +€480
Result 2020 -€111

Cash bridge derived

cash 2019 to 2020

Derived from the 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€111
Investment €0
Financing €0
Cash 2019 €741
Net result for the year -€111
Cash 2020 €630
Every line side by side 16 lines
Line Code 2019 2020 Change %
Total assets 20/58 €741 €630 -€111 -15.0%
Current assets 29/58 €741 €630 -€111 -15.0%
Cash at bank and in hand 54/58 €741 €630 -€111 -15.0%
Total equity and liabilities 10/49 €741 €630 -€111 -15.0%
Equity 10/15 -€21,560 -€21,671 -€111 -0.5%
Contributions 10/11 €34,705 €34,705 = 0.0%
Profit (loss) carried forward 14 -€56,265 -€56,376 -€111 -0.2%
Amounts payable 17/49 €22,301 €22,301 = 0.0%
Amounts payable within one year 42/48 €5,407 €5,407 = 0.0%
Gross operating margin 9900 -€506 €36 +€541
Operating profit (loss) 9901 -€1,647 €36 +€1,682
Recurring financial charges 65 €147 €147 +€0 0.0%
Profit (loss) for the period before taxes 9903 €4,726 -€111 -€4,837
Income taxes 67/77 €480 - -€480
Profit (loss) for the period 9904 €4,245 -€111 -€4,357
Profit (loss) for the period to be appropriated 9905 €4,245 -€111 -€4,357

Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.