AF SERENITY: 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.
AF SERENITY
Largest movements
- Receivables within one year -€1,555
down €1,555 (-10.7%), from €14,547 to €12,992
- Cash -€461
down €461 (-48.6%), from €949 to €488
mainly Trade debts (-€1,189) and Net result for the year (-€827)
- Trade debts -€1,189
down €1,189 (-95.4%), from €1,246 to €57
- Profit (loss) carried forward -€827
down €827 (-7.4%), from -€11,185 to -€12,012
- Gross operating margin +€1,402
up €1,402 (+71.4%), from -€1,964 to -€563
- Purchases and services -€1,402
down €1,402 (-71.4%), from €1,964 to €563
- Financial charges +€104
up €104 (+64.6%), from €161 to €265
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 | €18,996 | €16,980 | -€2,016 | -10.6% |
| Fixed assets | 21/28 | €3,500 | €3,500 | = | 0.0% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €15,496 | €13,480 | -€2,016 | -13.0% |
| Amounts receivable within one year | 40/41 | €14,547 | €12,992 | -€1,555 | -10.7% |
| Other amounts receivable | 41 | €14,547 | €12,992 | -€1,555 | -10.7% |
| Cash at bank and in hand | 54/58 | €949 | €488 | -€461 | -48.6% |
| Total equity and liabilities | 10/49 | €18,996 | €16,980 | -€2,016 | -10.6% |
| Equity | 10/15 | €17,750 | €16,922 | -€827 | -4.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Capital | 10 | €24,789 | €24,789 | = | 0.0% |
| Issued capital | 100 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €4,145 | €4,145 | = | 0.0% |
| Distributable reserves | 133 | €4,145 | €4,145 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,185 | -€12,012 | -€827 | -7.4% |
| Amounts payable | 17/49 | €1,246 | €57 | -€1,189 | -95.4% |
| Amounts payable within one year | 42/48 | €1,246 | €57 | -€1,189 | -95.4% |
| Trade debts | 44 | €1,246 | €57 | -€1,189 | -95.4% |
| Suppliers | 440/4 | €1,246 | €57 | -€1,189 | -95.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,964 | €563 | -€1,402 | -71.4% |
| Gross operating margin | 9900 | -€1,964 | -€563 | +€1,402 | +71.4% |
| Operating profit (loss) | 9901 | -€1,964 | -€563 | +€1,402 | +71.4% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €161 | €265 | +€104 | +64.6% |
| Recurring financial charges | 65 | €161 | €265 | +€104 | +64.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,117 | -€827 | +€1,290 | +60.9% |
| Profit (loss) for the period | 9904 | -€2,117 | -€827 | +€1,290 | +60.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,117 | -€827 | +€1,290 | +60.9% |
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 14 October 2026 via checked.be.