SERVANS: 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.
SERVANS
Largest movements
- Cash -€80,387
down €80,387 (-51.7%), from €155,574 to €75,187
mainly Investment in fixed assets (net) (-€58,431) and Contributions, distributions and other (-€21,000)
- Tangible fixed assets +€54,602
up €54,602 (+803%), from €6,796 to €61,398
of which Other tangible fixed assets: +€54,171
- Receivables within one year +€6,477
up €6,477 (+39.8%), from €16,274 to €22,751
of which Trade receivables: +€3,718
- Reserves -€18,054
down €18,054 (-28.9%), from €62,408 to €44,355
- Other debts -€8,376
down €8,376 (-19.9%), from €42,020 to €33,644
- Trade debts +€5,910
up €5,910 (+58.4%), from €10,116 to €16,026
- Gross operating margin -€18,292
down €18,292 (-44.2%), from €41,352 to €23,060
- Staff costs +€13,420
new in 2025: €13,420
- Taxes -€8,706
down €8,706 (-82.9%), from €10,507 to €1,800
- Depreciation -€5,315
down €5,315 (-59.1%), from €8,994 to €3,679
- Other operating charges +€578
up €578 (+137%), from €423 to €1,001
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 | €180,142 | €160,041 | -€20,101 | -11.2% |
| Fixed assets | 21/28 | €7,043 | €61,796 | +€54,752 | +777% |
| Tangible fixed assets | 22/27 | €6,796 | €61,398 | +€54,602 | +803% |
| Plant, machinery and equipment | 23 | €466 | €350 | -€117 | -25.0% |
| Furniture and vehicles | 24 | €5,650 | €6,198 | +€548 | +9.7% |
| Other tangible fixed assets | 26 | €680 | €54,850 | +€54,171 | +7,971% |
| Financial fixed assets | 28 | €248 | €398 | +€150 | +60.5% |
| Current assets | 29/58 | €173,099 | €98,245 | -€74,854 | -43.2% |
| Amounts receivable within one year | 40/41 | €16,274 | €22,751 | +€6,477 | +39.8% |
| Trade receivables | 40 | €16,274 | €19,992 | +€3,718 | +22.8% |
| Other amounts receivable | 41 | - | €2,760 | +€2,760 | |
| Cash at bank and in hand | 54/58 | €155,574 | €75,187 | -€80,387 | -51.7% |
| Deferred charges and accrued income | 490/1 | €1,250 | €307 | -€944 | -75.5% |
| Total equity and liabilities | 10/49 | €180,142 | €160,041 | -€20,101 | -11.2% |
| Equity | 10/15 | €100,893 | €82,839 | -€18,054 | -17.9% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €62,408 | €44,355 | -€18,054 | -28.9% |
| Distributable reserves | 133 | €62,408 | €44,355 | -€18,054 | -28.9% |
| Profit (loss) carried forward | 14 | €18,033 | €18,033 | = | 0.0% |
| Provisions and deferred taxes | 16 | €24,500 | €24,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €24,500 | €24,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €24,500 | €24,500 | = | 0.0% |
| Amounts payable | 17/49 | €54,750 | €52,702 | -€2,048 | -3.7% |
| Amounts payable within one year | 42/48 | €54,690 | €52,702 | -€1,988 | -3.6% |
| Financial debts | 43 | - | €885 | +€885 | |
| Credit institutions | 430/8 | - | €885 | +€885 | |
| Trade debts | 44 | €10,116 | €16,026 | +€5,910 | +58.4% |
| Suppliers | 440/4 | €10,116 | €16,026 | +€5,910 | +58.4% |
| Taxes, remuneration and social security | 45 | €2,554 | €2,147 | -€407 | -15.9% |
| Taxes | 450/3 | €2,554 | €2,147 | -€407 | -15.9% |
| Other amounts payable | 47/48 | €42,020 | €33,644 | -€8,376 | -19.9% |
| Accrued charges and deferred income | 492/3 | €60 | - | -€60 | |
| Remuneration, social security and pensions | 62 | - | €13,420 | +€13,420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,994 | €3,679 | -€5,315 | -59.1% |
| Other operating charges | 640/8 | €423 | €1,001 | +€578 | +137% |
| Gross operating margin | 9900 | €41,352 | €23,060 | -€18,292 | -44.2% |
| Operating profit (loss) | 9901 | €31,935 | €4,961 | -€26,974 | -84.5% |
| Financial income | 75/76B | €194 | €229 | +€35 | +18.1% |
| Recurring financial income | 75 | €194 | €229 | +€35 | +18.1% |
| Financial charges | 65/66B | €574 | €443 | -€130 | -22.7% |
| Recurring financial charges | 65 | €574 | €443 | -€130 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €31,556 | €4,747 | -€26,809 | -85.0% |
| Income taxes | 67/77 | €10,507 | €1,800 | -€8,706 | -82.9% |
| Profit (loss) for the period | 9904 | €21,049 | €2,946 | -€18,103 | -86.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,049 | €2,946 | -€18,103 | -86.0% |
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 17 October 2026 via checked.be.