SERVITRADE INTERNATIONAL: 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.
SERVITRADE INTERNATIONAL
Largest movements
- Receivables within one year -€31,100
down €31,100 (-63.2%), from €49,193 to €18,093
- Cash -€21,132
down €21,132 (-99.1%), from €21,324 to €192
mainly Investment in fixed assets (net) (-€30,055) and Contributions, distributions and other (-€25,000)
- Tangible fixed assets +€12,607
up €12,607 (+7.1%), from €178,678 to €191,285
of which Land and buildings: +€12,733
- Deferred charges and accrued income +€2,530
up €2,530 (+225%), from €1,126 to €3,656
- Other debts -€20,223
down €20,223 (-44.7%), from €45,223 to €25,000
- Debts after one year -€15,957
down €15,957 (-49.5%), from €32,204 to €16,247
- Tax, wage and social debts -€10,294
down €10,294 (-88.0%), from €11,694 to €1,400
- Trade debts +€6,104
up €6,104 (+15,651%), from €39 to €6,143
- Reserves +€3,003
up €3,003 (+3.7%), from €80,211 to €83,214
of which Distributable reserves: +€3,003
- Taxes -€10,296
down €10,296 (-88.0%), from €11,696 to €1,400
- Financial income -€3,207
no longer reported in 2025 (was €3,207)
- Gross operating margin -€2,800
down €2,800 (-5.0%), from €56,312 to €53,513
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 | €250,321 | €213,225 | -€37,095 | -14.8% |
| Fixed assets | 21/28 | €178,678 | €191,285 | +€12,607 | +7.1% |
| Tangible fixed assets | 22/27 | €178,678 | €191,285 | +€12,607 | +7.1% |
| Land and buildings | 22 | €169,875 | €182,608 | +€12,733 | +7.5% |
| Furniture and vehicles | 24 | €8,803 | €8,677 | -€126 | -1.4% |
| Current assets | 29/58 | €71,643 | €21,941 | -€49,702 | -69.4% |
| Amounts receivable within one year | 40/41 | €49,193 | €18,093 | -€31,100 | -63.2% |
| Other amounts receivable | 41 | €49,193 | €18,093 | -€31,100 | -63.2% |
| Cash at bank and in hand | 54/58 | €21,324 | €192 | -€21,132 | -99.1% |
| Deferred charges and accrued income | 490/1 | €1,126 | €3,656 | +€2,530 | +225% |
| Total equity and liabilities | 10/49 | €250,321 | €213,225 | -€37,095 | -14.8% |
| Equity | 10/15 | €145,211 | €148,214 | +€3,003 | +2.1% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €80,211 | €83,214 | +€3,003 | +3.7% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €73,711 | €76,714 | +€3,003 | +4.1% |
| Amounts payable | 17/49 | €105,109 | €65,011 | -€40,098 | -38.1% |
| Amounts payable after more than one year | 17 | €32,204 | €16,247 | -€15,957 | -49.5% |
| Financial debts | 170/4 | €32,204 | €16,247 | -€15,957 | -49.5% |
| Amounts payable within one year | 42/48 | €72,628 | €48,500 | -€24,129 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €15,672 | €15,957 | +€285 | +1.8% |
| Trade debts | 44 | €39 | €6,143 | +€6,104 | +15,651% |
| Suppliers | 440/4 | €39 | €6,143 | +€6,104 | +15,651% |
| Taxes, remuneration and social security | 45 | €11,694 | €1,400 | -€10,294 | -88.0% |
| Taxes | 450/3 | €11,694 | €1,400 | -€10,294 | -88.0% |
| Other amounts payable | 47/48 | €45,223 | €25,000 | -€20,223 | -44.7% |
| Accrued charges and deferred income | 492/3 | €277 | €264 | -€13 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,717 | €17,448 | -€268 | -1.5% |
| Other operating charges | 640/8 | €5,261 | €5,458 | +€198 | +3.8% |
| Gross operating margin | 9900 | €56,312 | €53,513 | -€2,800 | -5.0% |
| Operating profit (loss) | 9901 | €33,335 | €30,606 | -€2,729 | -8.2% |
| Financial income | 75/76B | €3,207 | - | -€3,207 | |
| Recurring financial income | 75 | €3,207 | - | -€3,207 | |
| Financial charges | 65/66B | €1,478 | €1,203 | -€276 | -18.6% |
| Recurring financial charges | 65 | €1,478 | €1,203 | -€276 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €35,064 | €29,403 | -€5,661 | -16.1% |
| Income taxes | 67/77 | €11,696 | €1,400 | -€10,296 | -88.0% |
| Profit (loss) for the period | 9904 | €23,368 | €28,003 | +€4,635 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,368 | €28,003 | +€4,635 | +19.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.