Servitas: 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.
Servitas
Largest movements
- Cash +€4,271
up €4,271 (+8.1%), from €52,460 to €56,730
mainly Net result for the year (+€3,119) and Depreciation (+€1,154)
- Tangible fixed assets -€1,154
down €1,154 (-3.0%), from €38,496 to €37,343
of which Plant, machinery and equipment: -€675
- Profit (loss) carried forward +€3,119
up €3,119 (+15.2%), from €20,536 to €23,655
- Depreciation -€508
down €508 (-30.6%), from €1,662 to €1,154
- Gross operating margin -€344
down €344 (-6.7%), from €5,130 to €4,786
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 | €91,771 | €94,894 | +€3,123 | +3.4% |
| Fixed assets | 21/28 | €38,496 | €37,343 | -€1,154 | -3.0% |
| Tangible fixed assets | 22/27 | €38,496 | €37,343 | -€1,154 | -3.0% |
| Land and buildings | 22 | €37,146 | €36,667 | -€478 | -1.3% |
| Plant, machinery and equipment | 23 | €1,350 | €675 | -€675 | -50.0% |
| Current assets | 29/58 | €53,275 | €57,551 | +€4,276 | +8.0% |
| Cash at bank and in hand | 54/58 | €52,460 | €56,730 | +€4,271 | +8.1% |
| Deferred charges and accrued income | 490/1 | €815 | €821 | +€6 | +0.7% |
| Total equity and liabilities | 10/49 | €91,771 | €94,894 | +€3,123 | +3.4% |
| Equity | 10/15 | €91,635 | €94,754 | +€3,119 | +3.4% |
| Contributions | 10/11 | €71,099 | €71,099 | = | 0.0% |
| Capital | 10 | €71,099 | €71,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,536 | €23,655 | +€3,119 | +15.2% |
| Amounts payable | 17/49 | €136 | €140 | +€4 | +2.9% |
| Accrued charges and deferred income | 492/3 | €136 | €140 | +€4 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,662 | €1,154 | -€508 | -30.6% |
| Other operating charges | 640/8 | €352 | €352 | +€0 | 0.0% |
| Gross operating margin | 9900 | €5,130 | €4,786 | -€344 | -6.7% |
| Operating profit (loss) | 9901 | €3,117 | €3,281 | +€164 | +5.3% |
| Financial income | 75/76B | €202 | €154 | -€49 | -24.0% |
| Recurring financial income | 75 | €202 | €154 | -€49 | -24.0% |
| Financial charges | 65/66B | €317 | €315 | -€1 | -0.4% |
| Recurring financial charges | 65 | €317 | €315 | -€1 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €3,002 | €3,119 | +€117 | +3.9% |
| Profit (loss) for the period | 9904 | €3,002 | €3,119 | +€117 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,002 | €3,119 | +€117 | +3.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.