SERVYNET: 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.
SERVYNET
Largest movements
- Receivables within one year +€21,482
up €21,482 (+72.4%), from €29,671 to €51,152
of which Trade receivables: +€23,960
- Tangible fixed assets -€11,806
down €11,806 (-38.6%), from €30,552 to €18,746
of which Furniture and vehicles: -€7,899
- Stocks and contracts +€3,809
up €3,809 (+48.8%), from €7,802 to €11,611
- Deferred charges and accrued income -€2,907
down €2,907 (-26.4%), from €11,027 to €8,120
- Trade debts +€20,153
up €20,153 (+47.0%), from €42,871 to €63,025
- Current portion of long-term debt -€3,886
down €3,886 (-58.1%), from €6,693 to €2,807
- Debts after one year -€2,807
down €2,807 (-100%), from €2,807 to €0
- Tax, wage and social debts -€2,694
down €2,694 (-39.9%), from €6,743 to €4,049
of which Remuneration and social security: -€5,775
- Gross operating margin -€36,223
down €36,223 (-48.9%), from €74,096 to €37,873
- Staff costs -€10,384
down €10,384 (-42.9%), from €24,234 to €13,850
- Taxes -€6,719
down €6,719 (-78.9%), from €8,513 to €1,794
- Depreciation -€1,104
down €1,104 (-7.3%), from €15,045 to €13,941
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 | €105,511 | €117,217 | +€11,706 | +11.1% |
| Fixed assets | 21/28 | €33,526 | €21,721 | -€11,806 | -35.2% |
| Tangible fixed assets | 22/27 | €30,552 | €18,746 | -€11,806 | -38.6% |
| Land and buildings | 22 | €13,422 | €10,066 | -€3,355 | -25.0% |
| Plant, machinery and equipment | 23 | €783 | €232 | -€551 | -70.4% |
| Furniture and vehicles | 24 | €16,347 | €8,448 | -€7,899 | -48.3% |
| Financial fixed assets | 28 | €2,974 | €2,974 | = | 0.0% |
| Current assets | 29/58 | €71,984 | €95,496 | +€23,512 | +32.7% |
| Stocks and contracts in progress | 3 | €7,802 | €11,611 | +€3,809 | +48.8% |
| Stocks | 30/36 | €7,802 | €11,611 | +€3,809 | +48.8% |
| Amounts receivable within one year | 40/41 | €29,671 | €51,152 | +€21,482 | +72.4% |
| Trade receivables | 40 | €20,576 | €44,536 | +€23,960 | +116% |
| Other amounts receivable | 41 | €9,094 | €6,616 | -€2,478 | -27.2% |
| Cash at bank and in hand | 54/58 | €23,485 | €24,613 | +€1,128 | +4.8% |
| Deferred charges and accrued income | 490/1 | €11,027 | €8,120 | -€2,907 | -26.4% |
| Total equity and liabilities | 10/49 | €105,511 | €117,217 | +€11,706 | +11.1% |
| Equity | 10/15 | €46,364 | €46,946 | +€582 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,875 | €27,457 | +€582 | +2.2% |
| Distributable reserves | 133 | €26,875 | €27,457 | +€582 | +2.2% |
| Profit (loss) carried forward | 14 | €889 | €889 | = | 0.0% |
| Amounts payable | 17/49 | €59,147 | €70,271 | +€11,124 | +18.8% |
| Amounts payable after more than one year | 17 | €2,807 | €0 | -€2,807 | -100% |
| Financial debts | 170/4 | €2,807 | €0 | -€2,807 | -100% |
| Amounts payable within one year | 42/48 | €56,340 | €70,271 | +€13,931 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | €6,693 | €2,807 | -€3,886 | -58.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €42,871 | €63,025 | +€20,153 | +47.0% |
| Suppliers | 440/4 | €42,871 | €63,025 | +€20,153 | +47.0% |
| Advances received on contracts in progress | 46 | €32 | €195 | +€163 | +504% |
| Taxes, remuneration and social security | 45 | €6,743 | €4,049 | -€2,694 | -39.9% |
| Taxes | 450/3 | €968 | €4,049 | +€3,081 | +318% |
| Remuneration and social security | 454/9 | €5,775 | €0 | -€5,775 | -100% |
| Other amounts payable | 47/48 | €0 | €195 | +€195 | |
| Non-recurring operating income | 76A | €1,775 | €771 | -€1,004 | -56.5% |
| Remuneration, social security and pensions | 62 | €24,234 | €13,850 | -€10,384 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,045 | €13,941 | -€1,104 | -7.3% |
| Other operating charges | 640/8 | €3,284 | €3,194 | -€90 | -2.7% |
| Non-recurring operating charges | 66A | €330 | €2,046 | +€1,716 | +520% |
| Gross operating margin | 9900 | €74,096 | €37,873 | -€36,223 | -48.9% |
| Operating profit (loss) | 9901 | €31,203 | €4,842 | -€26,361 | -84.5% |
| Financial income | 75/76B | €104 | €412 | +€308 | +295% |
| Recurring financial income | 75 | €104 | €412 | +€308 | +295% |
| Financial charges | 65/66B | €3,149 | €2,878 | -€271 | -8.6% |
| Recurring financial charges | 65 | €3,149 | €2,878 | -€271 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €28,157 | €2,376 | -€25,782 | -91.6% |
| Income taxes | 67/77 | €8,513 | €1,794 | -€6,719 | -78.9% |
| Profit (loss) for the period | 9904 | €19,645 | €582 | -€19,063 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,645 | €582 | -€19,063 | -97.0% |
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 26 October 2026 via checked.be.