T-SERV: 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.
T-SERV
Largest movements
- Receivables within one year +€5,170
up €5,170 (+26.6%), from €19,445 to €24,615
of which Other amounts receivable: +€8,541
- Cash -€4,976
down €4,976 (-28.1%), from €17,700 to €12,724
mainly Receivables within one year (-€5,170) and Net result for the year (-€2,034)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€1,507
up €1,507, from -€1,450 to €57
- Other operating charges +€859
up €859 (+787.7%), from €109 to €968
- Financial income +€146
up €146 (+19.3%), from €755 to €901
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 | €228,577 | €227,011 | -€1,565 | -0.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,391 | €3,431 | -€1,960 | -36.4% |
| Tangible fixed assets | 22/27 | €5,391 | €3,431 | -€1,960 | -36.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €5,391 | €3,431 | -€1,960 | -36.4% |
| Current assets | 29/58 | €223,185 | €223,580 | +€395 | +0.2% |
| Amounts receivable after more than one year | 29 | €184,500 | €184,500 | = | 0.0% |
| Other amounts receivable | 291 | €184,500 | €184,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,445 | €24,615 | +€5,170 | +26.6% |
| Trade receivables | 40 | €3,371 | - | -€3,371 | |
| Other amounts receivable | 41 | €16,074 | €24,615 | +€8,541 | +53.1% |
| Cash at bank and in hand | 54/58 | €17,700 | €12,724 | -€4,976 | -28.1% |
| Deferred charges and accrued income | 490/1 | €1,540 | €1,741 | +€201 | +13.0% |
| Total equity and liabilities | 10/49 | €228,577 | €227,011 | -€1,565 | -0.7% |
| Equity | 10/15 | €228,577 | €226,543 | -€2,034 | -0.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €216,177 | €214,143 | -€2,034 | -0.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €214,317 | €212,283 | -€2,034 | -0.9% |
| Amounts payable | 17/49 | - | €469 | +€469 | |
| Amounts payable within one year | 42/48 | - | €469 | +€469 | |
| Taxes, remuneration and social security | 45 | - | €469 | +€469 | |
| Taxes | 450/3 | - | €469 | +€469 | |
| Non-recurring operating income | 76A | - | €2,231 | +€2,231 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,960 | €1,960 | = | 0.0% |
| Other operating charges | 640/8 | €109 | €968 | +€859 | +787.7% |
| Gross operating margin | 9900 | -€1,450 | €57 | +€1,507 | |
| Operating profit (loss) | 9901 | -€3,519 | -€2,871 | +€648 | +18.4% |
| Financial income | 75/76B | €755 | €901 | +€146 | +19.3% |
| Recurring financial income | 75 | €755 | €901 | +€146 | +19.3% |
| Financial charges | 65/66B | €54 | €64 | +€10 | +19.2% |
| Recurring financial charges | 65 | €54 | €64 | +€10 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,818 | -€2,034 | +€784 | +27.8% |
| Profit (loss) for the period | 9904 | -€2,818 | -€2,034 | +€784 | +27.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,818 | -€2,034 | +€784 | +27.8% |
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 30 September 2026 via checked.be.