Servintec: what changed
What changed
Servintec
NACE 68.204, Real estate activities
filed annual accounts (NBB)
Net result for the year
€678,235
2024 · €533,679+€144,557
Equity
€9.6m
2024 · €8.9m+€678,235
Cash
€134,565
2024 · €1.1m-€1.0m
Balance sheet total
€10.1m
2024 · €9.1m+€964,600
Largest movements
Assets
- Receivables within one year +€1.5m
up €1.5m (+81.8%), from €1.9m to €3.4m
of which Other amounts receivable: +€1.2m
- Cash -€1.0m
down €1.0m (-88.2%), from €1.1m to €134,565
mainly Receivables within one year (-€1.5m) and Deferred charges and accrued income (-€438,666)
- Deferred charges and accrued income +€438,666
up €438,666 (+45.0%), from €974,057 to €1.4m
Equity and liabilities
- Reserves +€8.0m
up €8.0m (+569%), from €1.4m to €9.4m
of which Distributable reserves: +€8.0m
- Profit (loss) carried forward -€7.3m
down €7.3m (-99.4%), from €7.4m to €46,340
- Accrued charges and deferred income +€223,294
up €223,294 (+7,007%), from €3,187 to €226,480
Income statement
- Turnover +€123,014
up €123,014 (+13.8%), from €893,005 to €1.0m
- Taxes +€31,326
up €31,326 (+15.2%), from €206,240 to €237,566
- Other operating income +€22,150
new in 2025: €22,150
- Services and other goods -€21,158
down €21,158 (-24.5%), from €86,343 to €65,185
- Financial income +€12,094
up €12,094 (+17.5%), from €69,029 to €81,123
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€533,679
Turnover
+€123,014
Other operating income
+€22,150
Services and other goods
+€21,158
Depreciation
-€489
Other operating charges
-€2,022
Financial income
+€12,094
Financial charges
-€22
Taxes
-€31,326
Result 2025
€678,235
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.0m
Investment
€0
Financing
€0
Cash 2024
€1.1m
From operations (derived)
-€1.0m
Net result for the year
+€678,235
Depreciation
+€13,402
Receivables within one year
-€1.5m
Deferred charges and accrued income
-€438,666
Provisions
-€1,427
Trade debts
+€7,920
Tax, wage and social debts
+€56,577
Accrued charges and deferred income
+€223,294
Cash 2025
€134,565
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,106,282 | €10,070,882 | +€964,600 | +10.6% |
| Fixed assets | 21/28 | €3,749,500 | €3,736,098 | -€13,402 | -0.4% |
| Tangible fixed assets | 22/27 | €2,249,125 | €2,235,723 | -€13,402 | -0.6% |
| Land and buildings | 22 | €2,249,125 | €2,235,723 | -€13,402 | -0.6% |
| Financial fixed assets | 28 | €1,500,375 | €1,500,375 | = | 0.0% |
| Affiliated companies | 280/1 | €1,500,000 | €1,500,000 | = | 0.0% |
| Amounts receivable | 281 | €1,500,000 | €1,500,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €375 | €375 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €5,356,782 | €6,334,784 | +€978,002 | +18.3% |
| Amounts receivable after more than one year | 29 | €1,347,445 | €1,347,445 | = | 0.0% |
| Other amounts receivable | 291 | €1,347,445 | €1,347,445 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,892,371 | €3,440,052 | +€1.5m | +81.8% |
| Trade receivables | 40 | €47,353 | €375,406 | +€328,053 | +693% |
| Other amounts receivable | 41 | €1,845,018 | €3,064,645 | +€1.2m | +66.1% |
| Cash at bank and in hand | 54/58 | €1,142,909 | €134,565 | -€1.0m | -88.2% |
| Deferred charges and accrued income | 490/1 | €974,057 | €1,412,722 | +€438,666 | +45.0% |
| Total equity and liabilities | 10/49 | €9,106,282 | €10,070,882 | +€964,600 | +10.6% |
| Equity | 10/15 | €8,878,805 | €9,557,041 | +€678,235 | +7.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,406,555 | €9,410,701 | +€8.0m | +569% |
| Non-distributable reserves | 130/1 | €376,800 | €376,800 | = | 0.0% |
| Legal reserve | 130 | €376,800 | €376,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,181 | €33,901 | -€4,280 | -11.2% |
| Distributable reserves | 133 | €991,574 | €9,000,000 | +€8.0m | +808% |
| Profit (loss) carried forward | 14 | €7,372,250 | €46,340 | -€7.3m | -99.4% |
| Provisions and deferred taxes | 16 | €12,727 | €11,300 | -€1,427 | -11.2% |
| Deferred taxes | 168 | €12,727 | €11,300 | -€1,427 | -11.2% |
| Amounts payable | 17/49 | €214,749 | €502,540 | +€287,791 | +134% |
| Amounts payable within one year | 42/48 | €211,563 | €276,060 | +€64,497 | +30.5% |
| Trade debts | 44 | €6,991 | €14,911 | +€7,920 | +113% |
| Suppliers | 440/4 | €6,991 | €14,911 | +€7,920 | +113% |
| Taxes, remuneration and social security | 45 | €204,572 | €261,149 | +€56,577 | +27.7% |
| Taxes | 450/3 | €204,572 | €261,149 | +€56,577 | +27.7% |
| Accrued charges and deferred income | 492/3 | €3,187 | €226,480 | +€223,294 | +7,007% |
| Operating income | 70/76A | €893,005 | €1,038,169 | +€145,164 | +16.3% |
| Turnover | 70 | €893,005 | €1,016,019 | +€123,014 | +13.8% |
| Other operating income | 74 | - | €22,150 | +€22,150 | |
| Operating charges | 60/66A | €222,810 | €204,163 | -€18,647 | -8.4% |
| Services and other goods | 61 | €86,343 | €65,185 | -€21,158 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,913 | €13,402 | +€489 | +3.8% |
| Other operating charges | 640/8 | €123,554 | €125,576 | +€2,022 | +1.6% |
| Operating profit (loss) | 9901 | €670,195 | €834,005 | +€163,811 | +24.4% |
| Financial income | 75/76B | €69,029 | €81,123 | +€12,094 | +17.5% |
| Recurring financial income | 75 | €69,029 | €81,123 | +€12,094 | +17.5% |
| Income from financial fixed assets | 750 | €69,029 | €81,123 | +€12,094 | +17.5% |
| Financial charges | 65/66B | €732 | €754 | +€22 | +3.0% |
| Recurring financial charges | 65 | €732 | €754 | +€22 | +3.0% |
| Debt charges | 650 | €78 | €56 | -€22 | -28.2% |
| Other financial charges | 652/9 | €654 | €698 | +€44 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €738,492 | €914,375 | +€175,883 | +23.8% |
| Transfer from deferred taxes | 780 | €1,427 | €1,427 | = | 0.0% |
| Income taxes | 67/77 | €206,240 | €237,566 | +€31,326 | +15.2% |
| Taxes | 670/3 | €206,240 | €237,566 | +€31,326 | +15.2% |
| Profit (loss) for the period | 9904 | €533,679 | €678,235 | +€144,557 | +27.1% |
| Transfer from tax-exempt reserves | 789 | €4,280 | €4,280 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €537,959 | €682,516 | +€144,557 | +26.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.