SG ServiPro: 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.
SG ServiPro
Largest movements
- Deferred charges and accrued income -€53,126
down €53,126 (-97.8%), from €54,306 to €1,181
- Receivables after one year +€32,308
up €32,308 (+11.1%), from €290,917 to €323,225
of which Other amounts receivable: +€26,298
- Tangible fixed assets -€6,415
down €6,415 (-3.0%), from €214,616 to €208,201
of which Land and buildings: -€6,000
- Cash -€6,213
down €6,213 (-38.3%), from €16,213 to €10,000
mainly Trade debts (-€50,575) and Receivables after one year (-€32,308)
- Trade debts -€50,575
down €50,575 (-44.2%), from €114,370 to €63,794
- Short-term financial debts +€19,661
new in 2024: €19,661
- Tax, wage and social debts -€8,791
down €8,791 (-18.9%), from €46,432 to €37,641
of which Taxes: -€14,807
- Gross operating margin -€58,015
down €58,015 (-45.3%), from €128,140 to €70,126
- Staff costs +€32,178
up €32,178 (+145.8%), from €22,065 to €54,243
- Taxes -€17,782
down €17,782 (-87.4%), from €20,334 to €2,552
- Other operating charges -€3,324
down €3,324 (-52.5%), from €6,338 to €3,014
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €580,673 | €547,825 | -€32,848 | -5.7% |
| Fixed assets | 21/28 | €214,616 | €208,201 | -€6,415 | -3.0% |
| Tangible fixed assets | 22/27 | €214,616 | €208,201 | -€6,415 | -3.0% |
| Land and buildings | 22 | €210,926 | €204,926 | -€6,000 | -2.8% |
| Plant, machinery and equipment | 23 | €3,690 | €3,275 | -€415 | -11.2% |
| Current assets | 29/58 | €366,057 | €339,624 | -€26,433 | -7.2% |
| Amounts receivable after more than one year | 29 | €290,917 | €323,225 | +€32,308 | +11.1% |
| Trade receivables | 290 | - | €6,010 | +€6,010 | |
| Other amounts receivable | 291 | €290,917 | €317,215 | +€26,298 | +9.0% |
| Amounts receivable within one year | 40/41 | €4,621 | €5,218 | +€597 | +12.9% |
| Trade receivables | 40 | - | €494 | +€494 | |
| Other amounts receivable | 41 | €4,621 | €4,724 | +€104 | +2.2% |
| Cash at bank and in hand | 54/58 | €16,213 | €10,000 | -€6,213 | -38.3% |
| Deferred charges and accrued income | 490/1 | €54,306 | €1,181 | -€53,126 | -97.8% |
| Total equity and liabilities | 10/49 | €580,673 | €547,825 | -€32,848 | -5.7% |
| Equity | 10/15 | €160,458 | €162,620 | +€2,162 | +1.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €158,458 | €160,620 | +€2,162 | +1.4% |
| Distributable reserves | 133 | €158,458 | €160,620 | +€2,162 | +1.4% |
| Amounts payable | 17/49 | €420,214 | €385,204 | -€35,010 | -8.3% |
| Amounts payable after more than one year | 17 | €250,454 | €255,564 | +€5,110 | +2.0% |
| Financial debts | 170/4 | €171,106 | €166,682 | -€4,424 | -2.6% |
| Other amounts payable | 178/9 | €79,348 | €88,882 | +€9,534 | +12.0% |
| Amounts payable within one year | 42/48 | €169,374 | €129,640 | -€39,734 | -23.5% |
| Current portion of amounts payable after more than one year | 42 | €8,332 | €8,543 | +€211 | +2.5% |
| Financial debts | 43 | - | €19,661 | +€19,661 | |
| Credit institutions | 430/8 | - | €19,661 | +€19,661 | |
| Trade debts | 44 | €114,370 | €63,794 | -€50,575 | -44.2% |
| Suppliers | 440/4 | €114,370 | €63,794 | -€50,575 | -44.2% |
| Taxes, remuneration and social security | 45 | €46,432 | €37,641 | -€8,791 | -18.9% |
| Taxes | 450/3 | €42,712 | €27,905 | -€14,807 | -34.7% |
| Remuneration and social security | 454/9 | €3,720 | €9,736 | +€6,016 | +161.7% |
| Other amounts payable | 47/48 | €240 | - | -€240 | |
| Accrued charges and deferred income | 492/3 | €386 | - | -€386 | |
| Remuneration, social security and pensions | 62 | €22,065 | €54,243 | +€32,178 | +145.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,415 | €6,415 | = | 0.0% |
| Other operating charges | 640/8 | €6,338 | €3,014 | -€3,324 | -52.5% |
| Gross operating margin | 9900 | €128,140 | €70,126 | -€58,015 | -45.3% |
| Operating profit (loss) | 9901 | €93,322 | €6,454 | -€86,868 | -93.1% |
| Financial income | 75/76B | €6,056 | €4,974 | -€1,082 | -17.9% |
| Recurring financial income | 75 | €6,056 | €4,974 | -€1,082 | -17.9% |
| Financial charges | 65/66B | €5,821 | €6,714 | +€893 | +15.3% |
| Recurring financial charges | 65 | €5,821 | €6,714 | +€893 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €93,558 | €4,714 | -€88,843 | -95.0% |
| Income taxes | 67/77 | €20,334 | €2,552 | -€17,782 | -87.4% |
| Profit (loss) for the period | 9904 | €73,223 | €2,162 | -€71,061 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €73,223 | €2,162 | -€71,061 | -97.0% |
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 3 October 2026 via checked.be.