SERVITRANS: 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.
SERVITRANS
Largest movements
- Receivables within one year +€53,772
up €53,772 (+16.8%), from €320,630 to €374,401
of which Trade receivables: +€28,480
- Tangible fixed assets -€50,411
down €50,411 (-11.6%), from €434,934 to €384,524
of which Furniture and vehicles: -€49,151
- Cash -€47,953
down €47,953 (-14.5%), from €329,879 to €281,926
mainly Investment in fixed assets (net) (-€96,291) and Debts after one year (-€85,714)
- Debts after one year -€85,714
down €85,714 (-24.0%), from €357,143 to €271,429
- Reserves +€63,029
up €63,029 (+29.8%), from €211,296 to €274,325
of which Distributable reserves: +€60,829
- Tax, wage and social debts -€23,981
down €23,981 (-6.9%), from €348,163 to €324,181
of which Taxes: -€13,119
- Staff costs -€69,347
down €69,347 (-3.2%), from €2.1m to €2.1m
- Taxes +€23,958
up €23,958 (+9485.2%), from €253 to €24,210
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 | €1,104,650 | €1,051,430 | -€53,219 | -4.8% |
| Fixed assets | 21/28 | €437,614 | €387,204 | -€50,411 | -11.5% |
| Tangible fixed assets | 22/27 | €434,934 | €384,524 | -€50,411 | -11.6% |
| Plant, machinery and equipment | 23 | €2,468 | €1,209 | -€1,259 | -51.0% |
| Furniture and vehicles | 24 | €432,466 | €383,315 | -€49,151 | -11.4% |
| Financial fixed assets | 28 | €2,680 | €2,680 | = | 0.0% |
| Current assets | 29/58 | €667,035 | €664,227 | -€2,809 | -0.4% |
| Amounts receivable within one year | 40/41 | €320,630 | €374,401 | +€53,772 | +16.8% |
| Trade receivables | 40 | €306,787 | €335,266 | +€28,480 | +9.3% |
| Other amounts receivable | 41 | €13,843 | €39,135 | +€25,292 | +182.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €329,879 | €281,926 | -€47,953 | -14.5% |
| Deferred charges and accrued income | 490/1 | €16,527 | €7,899 | -€8,628 | -52.2% |
| Total equity and liabilities | 10/49 | €1,104,650 | €1,051,430 | -€53,219 | -4.8% |
| Equity | 10/15 | €235,296 | €298,325 | +€63,029 | +26.8% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €211,296 | €274,325 | +€63,029 | +29.8% |
| Non-distributable reserves | 130/1 | €2,400 | €2,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,400 | €2,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,250 | €13,450 | +€2,200 | +19.6% |
| Distributable reserves | 133 | €197,646 | €258,475 | +€60,829 | +30.8% |
| Amounts payable | 17/49 | €869,354 | €753,105 | -€116,249 | -13.4% |
| Amounts payable after more than one year | 17 | €357,143 | €271,429 | -€85,714 | -24.0% |
| Financial debts | 170/4 | €357,143 | €271,429 | -€85,714 | -24.0% |
| Amounts payable within one year | 42/48 | €510,207 | €479,969 | -€30,238 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €85,714 | €85,714 | = | 0.0% |
| Trade debts | 44 | €76,330 | €70,073 | -€6,257 | -8.2% |
| Suppliers | 440/4 | €76,330 | €70,073 | -€6,257 | -8.2% |
| Taxes, remuneration and social security | 45 | €348,163 | €324,181 | -€23,981 | -6.9% |
| Taxes | 450/3 | €69,277 | €56,159 | -€13,119 | -18.9% |
| Remuneration and social security | 454/9 | €278,886 | €268,023 | -€10,863 | -3.9% |
| Accrued charges and deferred income | 492/3 | €2,004 | €1,707 | -€296 | -14.8% |
| Non-recurring operating income | 76A | €8,804 | €3,243 | -€5,562 | -63.2% |
| Remuneration, social security and pensions | 62 | €2,134,198 | €2,064,851 | -€69,347 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,402 | €146,702 | -€4,700 | -3.1% |
| Other operating charges | 640/8 | €9,369 | €26,282 | +€16,913 | +180.5% |
| Non-recurring operating charges | 66A | - | €13,467 | +€13,467 | |
| Gross operating margin | 9900 | €2,349,308 | €2,358,796 | +€9,488 | +0.4% |
| Operating profit (loss) | 9901 | €54,339 | €107,495 | +€53,156 | +97.8% |
| Financial income | 75/76B | €2,000 | €1 | -€1,999 | -100.0% |
| Recurring financial income | 75 | €2,000 | €1 | -€1,999 | -100.0% |
| Financial charges | 65/66B | €23,959 | €20,256 | -€3,703 | -15.5% |
| Recurring financial charges | 65 | €23,959 | €20,256 | -€3,703 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €32,380 | €87,240 | +€54,860 | +169.4% |
| Income taxes | 67/77 | €253 | €24,210 | +€23,958 | +9485.2% |
| Profit (loss) for the period | 9904 | €32,127 | €63,029 | +€30,902 | +96.2% |
| Transfer to tax-exempt reserves | 689 | €6,000 | €2,200 | -€3,800 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,127 | €60,829 | +€34,702 | +132.8% |
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 4 October 2026 via checked.be.