SERVOFIN: 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.
SERVOFIN
Largest movements
- Current investments +€442
new in 2025: €442
- Tangible fixed assets -€122
no longer reported in 2025 (was €122)
- Debts after one year +€7,580
up €7,580 (+12.0%), from €63,209 to €70,789
- Trade debts -€2,566
down €2,566 (-16.9%), from €15,191 to €12,625
- Profit (loss) carried forward -€2,534
down €2,534 (-1.2%), from -€216,595 to -€219,129
- Provisions -€1,976
down €1,976 (-1.6%), from €121,329 to €119,353
- Short-term financial debts -€309
no longer reported in 2025 (was €309)
- Taxes -€437
no longer reported in 2025 (was €437)
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Financial income +€219
up €219 (+12.5%), from €1,757 to €1,976
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,300 | €2,620 | +€320 | +13.9% |
| Fixed assets | 21/28 | €122 | - | -€122 | |
| Tangible fixed assets | 22/27 | €122 | - | -€122 | |
| Furniture and vehicles | 24 | €122 | - | -€122 | |
| Current assets | 29/58 | €2,178 | €2,620 | +€442 | +20.3% |
| Amounts receivable within one year | 40/41 | €2,178 | €2,178 | = | 0.0% |
| Trade receivables | 40 | €2,178 | €2,178 | = | 0.0% |
| Current investments | 50/53 | - | €442 | +€442 | |
| Total equity and liabilities | 10/49 | €2,300 | €2,620 | +€320 | +13.9% |
| Equity | 10/15 | -€198,003 | -€200,537 | -€2,534 | -1.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€216,595 | -€219,129 | -€2,534 | -1.2% |
| Provisions and deferred taxes | 16 | €121,329 | €119,353 | -€1,976 | -1.6% |
| Provisions for liabilities and charges | 160/5 | €121,329 | €119,353 | -€1,976 | -1.6% |
| Environmental obligations | 163 | - | €119,353 | +€119,353 | |
| Other liabilities and charges | 164/5 | €121,329 | - | -€121,329 | |
| Amounts payable | 17/49 | €78,974 | €83,804 | +€4,830 | +6.1% |
| Amounts payable after more than one year | 17 | €63,209 | €70,789 | +€7,580 | +12.0% |
| Financial debts | 170/4 | €63,209 | €70,789 | +€7,580 | +12.0% |
| Amounts payable within one year | 42/48 | €15,765 | €13,015 | -€2,750 | -17.4% |
| Financial debts | 43 | €309 | - | -€309 | |
| Credit institutions | 430/8 | €309 | - | -€309 | |
| Trade debts | 44 | €15,191 | €12,625 | -€2,566 | -16.9% |
| Suppliers | 440/4 | €15,191 | €12,625 | -€2,566 | -16.9% |
| Taxes, remuneration and social security | 45 | €265 | €390 | +€125 | +47.2% |
| Taxes | 450/3 | €265 | €390 | +€125 | +47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122 | €122 | = | 0.0% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €6,789 | €6,723 | -€66 | -1.0% |
| Operating profit (loss) | 9901 | €6,280 | €6,601 | +€321 | +5.1% |
| Financial income | 75/76B | €1,757 | €1,976 | +€219 | +12.5% |
| Recurring financial income | 75 | €1,757 | €1,976 | +€219 | +12.5% |
| Financial charges | 65/66B | €11,059 | €11,111 | +€52 | +0.5% |
| Recurring financial charges | 65 | €11,059 | €11,111 | +€52 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,022 | -€2,534 | +€488 | +16.1% |
| Income taxes | 67/77 | €437 | - | -€437 | |
| Profit (loss) for the period | 9904 | -€3,459 | -€2,534 | +€925 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,459 | -€2,534 | +€925 | +26.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.