SERVRANCKX-JANSSEN: 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.
SERVRANCKX-JANSSEN
Largest movements
- Cash -€24,624
down €24,624 (-67.0%), from €36,726 to €12,103
mainly Investment in fixed assets (net) (-€37,690) and Contributions, distributions and other (-€18,192)
- Tangible fixed assets +€21,691
up €21,691 (+19.5%), from €111,510 to €133,201
of which Land and buildings: +€25,232
- Receivables within one year +€2,058
up €2,058 (+21.6%), from €9,545 to €11,604
of which Trade receivables: +€1,643
- Debts after one year -€5,493
down €5,493 (-6.0%), from €91,107 to €85,614
- Tax, wage and social debts +€5,206
up €5,206 (+104%), from €4,982 to €10,188
- Trade debts -€2,198
down €2,198 (-67.8%), from €3,241 to €1,042
- Depreciation +€3,024
up €3,024 (+23.3%), from €12,976 to €15,999
- Gross operating margin +€2,474
up €2,474 (+6.2%), from €39,778 to €42,252
- Taxes +€1,849
up €1,849 (+34.2%), from €5,401 to €7,250
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 | €158,939 | €156,908 | -€2,031 | -1.3% |
| Fixed assets | 21/28 | €111,510 | €133,201 | +€21,691 | +19.5% |
| Tangible fixed assets | 22/27 | €111,510 | €133,201 | +€21,691 | +19.5% |
| Land and buildings | 22 | €96,107 | €121,340 | +€25,232 | +26.3% |
| Plant, machinery and equipment | 23 | €5,159 | €4,364 | -€795 | -15.4% |
| Furniture and vehicles | 24 | €10,244 | €7,497 | -€2,746 | -26.8% |
| Current assets | 29/58 | €47,429 | €23,706 | -€23,723 | -50.0% |
| Amounts receivable within one year | 40/41 | €9,545 | €11,604 | +€2,058 | +21.6% |
| Trade receivables | 40 | €9,061 | €10,704 | +€1,643 | +18.1% |
| Other amounts receivable | 41 | €484 | €900 | +€415 | +85.7% |
| Cash at bank and in hand | 54/58 | €36,726 | €12,103 | -€24,624 | -67.0% |
| Deferred charges and accrued income | 490/1 | €1,157 | - | -€1,157 | |
| Total equity and liabilities | 10/49 | €158,939 | €156,908 | -€2,031 | -1.3% |
| Equity | 10/15 | €53,779 | €52,954 | -€825 | -1.5% |
| Contributions | 10/11 | €11,400 | €11,400 | = | 0.0% |
| Contributions outside capital | 11 | €11,400 | €11,400 | = | 0.0% |
| Other | 1109/19 | €11,400 | €11,400 | = | 0.0% |
| Reserves | 13 | €42,379 | €41,554 | -€825 | -1.9% |
| Distributable reserves | 133 | €42,379 | €41,554 | -€825 | -1.9% |
| Amounts payable | 17/49 | €105,160 | €103,953 | -€1,207 | -1.1% |
| Amounts payable after more than one year | 17 | €91,107 | €85,614 | -€5,493 | -6.0% |
| Financial debts | 170/4 | €91,107 | €85,614 | -€5,493 | -6.0% |
| Amounts payable within one year | 42/48 | €14,053 | €18,340 | +€4,287 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €5,390 | €5,478 | +€88 | +1.6% |
| Trade debts | 44 | €3,241 | €1,042 | -€2,198 | -67.8% |
| Suppliers | 440/4 | €3,241 | €1,042 | -€2,198 | -67.8% |
| Taxes, remuneration and social security | 45 | €4,982 | €10,188 | +€5,206 | +104% |
| Taxes | 450/3 | €4,982 | €10,188 | +€5,206 | +104% |
| Other amounts payable | 47/48 | €441 | €1,632 | +€1,192 | +270% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,976 | €15,999 | +€3,024 | +23.3% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €39,778 | €42,252 | +€2,474 | +6.2% |
| Operating profit (loss) | 9901 | €26,415 | €26,253 | -€162 | -0.6% |
| Financial income | 75/76B | €126 | €410 | +€284 | +224% |
| Recurring financial income | 75 | €126 | €410 | +€284 | +224% |
| Financial charges | 65/66B | €2,091 | €2,046 | -€46 | -2.2% |
| Recurring financial charges | 65 | €2,091 | €2,046 | -€46 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €24,450 | €24,617 | +€167 | +0.7% |
| Income taxes | 67/77 | €5,401 | €7,250 | +€1,849 | +34.2% |
| Profit (loss) for the period | 9904 | €19,049 | €17,367 | -€1,682 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,049 | €17,367 | -€1,682 | -8.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.