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Servus: 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.

What changed

Servus

BE 0541.888.124
NACE 55.209, Other holiday and short-stay accommodation
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€11,144
2023 · -€11,227+€83
Equity
-€137,437
2023 · -€126,294-€11,144
Cash
€218
2023 · €713-€495
Balance sheet total
€118,619
2023 · €125,042-€6,423

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€5,527

    down €5,527 (-4.5%), from €122,984 to €117,457

Equity and liabilities
  • Profit (loss) carried forward -€11,144

    down €11,144 (-7.6%), from -€146,294 to -€157,437

  • Other debts +€11,092

    up €11,092 (+5.2%), from €211,496 to €222,588

  • Debts after one year -€6,534

    down €6,534 (-19.5%), from €33,441 to €26,907

Income statement
  • Gross operating margin -€419

    down €419 (-16.7%), from -€2,501 to -€2,919

  • Financial charges -€314

    down €314 (-21.9%), from €1,436 to €1,121

  • Depreciation -€220

    down €220 (-3.8%), from €5,747 to €5,527

  • Other operating charges +€33

    up €33 (+2.2%), from €1,543 to €1,576

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€11,227
Gross operating margin -€419
Depreciation +€220
Other operating charges -€33
Financial income +€0
Financial charges +€314
Result 2024 -€11,144

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€5,849
Investment €0
Financing -€6,344
Cash 2023 €713
Net result for the year -€11,144
Depreciation +€5,527
Receivables within one year +€426
Smaller working-capital items -€52
Other debts +€11,092
Debts after one year -€6,534
Current portion of long-term debt +€190
Cash 2024 €218
Every line side by side 34 lines
Line Code 2023 2024 Change %
Total assets 20/58 €125,042 €118,619 -€6,423 -5.1%
Fixed assets 21/28 €122,984 €117,457 -€5,527 -4.5%
Tangible fixed assets 22/27 €122,984 €117,457 -€5,527 -4.5%
Land and buildings 22 €122,984 €117,457 -€5,527 -4.5%
Current assets 29/58 €2,057 €1,162 -€896 -43.5%
Amounts receivable within one year 40/41 €904 €478 -€426 -47.1%
Other amounts receivable 41 €904 €478 -€426 -47.1%
Cash at bank and in hand 54/58 €713 €218 -€495 -69.5%
Deferred charges and accrued income 490/1 €441 €466 +€25 +5.7%
Total equity and liabilities 10/49 €125,042 €118,619 -€6,423 -5.1%
Equity 10/15 -€126,294 -€137,437 -€11,144 -8.8%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 -€146,294 -€157,437 -€11,144 -7.6%
Amounts payable 17/49 €251,335 €256,056 +€4,721 +1.9%
Amounts payable after more than one year 17 €33,441 €26,907 -€6,534 -19.5%
Financial debts 170/4 €33,441 €26,907 -€6,534 -19.5%
Amounts payable within one year 42/48 €217,894 €229,149 +€11,255 +5.2%
Current portion of amounts payable after more than one year 42 €6,344 €6,534 +€190 +3.0%
Trade debts 44 €54 €27 -€27 -50.0%
Suppliers 440/4 €54 €27 -€27 -50.0%
Taxes, remuneration and social security 45 €0 - =
Taxes 450/3 €0 - =
Other amounts payable 47/48 €211,496 €222,588 +€11,092 +5.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,747 €5,527 -€220 -3.8%
Other operating charges 640/8 €1,543 €1,576 +€33 +2.2%
Gross operating margin 9900 -€2,501 -€2,919 -€419 -16.7%
Operating profit (loss) 9901 -€9,791 -€10,022 -€232 -2.4%
Financial income 75/76B €0 €0 +€0
Recurring financial income 75 €0 €0 +€0
Financial charges 65/66B €1,436 €1,121 -€314 -21.9%
Recurring financial charges 65 €1,436 €1,121 -€314 -21.9%
Profit (loss) for the period before taxes 9903 -€11,227 -€11,144 +€83 +0.7%
Profit (loss) for the period 9904 -€11,227 -€11,144 +€83 +0.7%
Profit (loss) for the period to be appropriated 9905 -€11,227 -€11,144 +€83 +0.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.