Ets Jos. Seronvalle: what changed
What changed
Ets Jos. Seronvalle
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
filed annual accounts (NBB)
Net result for the year
€34,095
2024 · €49,225-€15,130
Equity
€444,937
2024 · €410,842+€34,095
Cash
€136,090
2024 · €91,884+€44,207
Balance sheet total
€832,586
2024 · €808,286+€24,300
Largest movements
Assets
- Cash +€44,207
up €44,207 (+48.1%), from €91,884 to €136,090
mainly Net result for the year (+€34,095) and Depreciation (+€25,791)
- Tangible fixed assets -€18,187
down €18,187 (-3.9%), from €462,594 to €444,408
of which Land and buildings: -€9,809
Equity and liabilities
- Reserves +€34,095
up €34,095 (+14.1%), from €241,503 to €275,598
of which Distributable reserves: +€40,807
- Other debts -€14,125
down €14,125 (-4.5%), from €311,549 to €297,424
Income statement
- Gross operating margin -€28,596
down €28,596 (-24.3%), from €117,819 to €89,222
- Other operating charges -€7,268
down €7,268 (-46.0%), from €15,792 to €8,524
- Financial charges -€6,903
down €6,903 (-76.9%), from €8,977 to €2,074
- Taxes -€5,578
down €5,578 (-25.8%), from €21,660 to €16,082
- Staff costs +€3,443
up €3,443 (+182%), from €1,887 to €5,330
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
€49,225
Gross operating margin
-€28,596
Staff costs
-€3,443
Depreciation
-€2,878
Other operating charges
+€7,268
Financial income
+€39
Financial charges
+€6,903
Taxes
+€5,578
Result 2025
€34,095
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
+€50,407
Investment
-€6,200
Financing
€0
Cash 2024
€91,884
From operations (derived)
+€50,407
Net result for the year
+€34,095
Depreciation
+€25,791
Stocks and contracts
+€2,814
Receivables within one year
-€5,468
Deferred charges and accrued income
+€2,969
Provisions
-€1,678
Trade debts
+€4,574
Tax, wage and social debts
+€1,433
Other debts
-€14,125
Investment (derived)
-€6,200
Investment in fixed assets (net)
-€6,200
Cash 2025
€136,090
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €808,286 | €832,586 | +€24,300 | +3.0% |
| Fixed assets | 21/28 | €475,167 | €455,576 | -€19,591 | -4.1% |
| Intangible fixed assets | 21 | €2,219 | €814 | -€1,405 | -63.3% |
| Tangible fixed assets | 22/27 | €462,594 | €444,408 | -€18,187 | -3.9% |
| Land and buildings | 22 | €423,433 | €413,625 | -€9,809 | -2.3% |
| Plant, machinery and equipment | 23 | €1,332 | €1,011 | -€320 | -24.1% |
| Furniture and vehicles | 24 | €12,983 | €7,892 | -€5,092 | -39.2% |
| Leasing and similar rights | 25 | €17,043 | €15,024 | -€2,019 | -11.8% |
| Other tangible fixed assets | 26 | €7,803 | €6,857 | -€946 | -12.1% |
| Financial fixed assets | 28 | €10,354 | €10,354 | = | 0.0% |
| Current assets | 29/58 | €333,119 | €377,010 | +€43,891 | +13.2% |
| Stocks and contracts in progress | 3 | €192,112 | €189,298 | -€2,814 | -1.5% |
| Stocks | 30/36 | €192,112 | €189,298 | -€2,814 | -1.5% |
| Amounts receivable within one year | 40/41 | €45,827 | €51,295 | +€5,468 | +11.9% |
| Trade receivables | 40 | €44,751 | €44,321 | -€429 | -1.0% |
| Other amounts receivable | 41 | €1,076 | €6,974 | +€5,897 | +548% |
| Cash at bank and in hand | 54/58 | €91,884 | €136,090 | +€44,207 | +48.1% |
| Deferred charges and accrued income | 490/1 | €3,296 | €327 | -€2,969 | -90.1% |
| Total equity and liabilities | 10/49 | €808,286 | €832,586 | +€24,300 | +3.0% |
| Equity | 10/15 | €410,842 | €444,937 | +€34,095 | +8.3% |
| Contributions | 10/11 | €80,565 | €80,565 | = | 0.0% |
| Reserves | 13 | €241,503 | €275,598 | +€34,095 | +14.1% |
| Non-distributable reserves | 130/1 | €8,056 | €8,056 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,056 | €8,056 | = | 0.0% |
| Tax-exempt reserves | 132 | €177,510 | €170,798 | -€6,712 | -3.8% |
| Distributable reserves | 133 | €55,937 | €96,744 | +€40,807 | +73.0% |
| Profit (loss) carried forward | 14 | €88,773 | €88,773 | = | 0.0% |
| Provisions and deferred taxes | 16 | €44,378 | €42,699 | -€1,678 | -3.8% |
| Deferred taxes | 168 | €44,378 | €42,699 | -€1,678 | -3.8% |
| Amounts payable | 17/49 | €353,066 | €344,949 | -€8,117 | -2.3% |
| Amounts payable within one year | 42/48 | €353,066 | €344,949 | -€8,117 | -2.3% |
| Trade debts | 44 | €35,128 | €39,703 | +€4,574 | +13.0% |
| Suppliers | 440/4 | €35,128 | €39,703 | +€4,574 | +13.0% |
| Taxes, remuneration and social security | 45 | €6,389 | €7,823 | +€1,433 | +22.4% |
| Taxes | 450/3 | €6,389 | €7,823 | +€1,433 | +22.4% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €311,549 | €297,424 | -€14,125 | -4.5% |
| Remuneration, social security and pensions | 62 | €1,887 | €5,330 | +€3,443 | +182% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,913 | €25,791 | +€2,878 | +12.6% |
| Other operating charges | 640/8 | €15,792 | €8,524 | -€7,268 | -46.0% |
| Gross operating margin | 9900 | €117,819 | €89,222 | -€28,596 | -24.3% |
| Operating profit (loss) | 9901 | €77,226 | €49,577 | -€27,650 | -35.8% |
| Financial income | 75/76B | €958 | €997 | +€39 | +4.1% |
| Recurring financial income | 75 | €958 | €997 | +€39 | +4.1% |
| Financial charges | 65/66B | €8,977 | €2,074 | -€6,903 | -76.9% |
| Recurring financial charges | 65 | €8,977 | €2,074 | -€6,903 | -76.9% |
| Profit (loss) for the period before taxes | 9903 | €69,207 | €48,499 | -€20,707 | -29.9% |
| Transfer from deferred taxes | 780 | €1,678 | €1,678 | = | 0.0% |
| Income taxes | 67/77 | €21,660 | €16,082 | -€5,578 | -25.8% |
| Profit (loss) for the period | 9904 | €49,225 | €34,095 | -€15,130 | -30.7% |
| Transfer from tax-exempt reserves | 789 | €6,712 | €6,712 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,937 | €40,807 | -€15,130 | -27.0% |
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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 1 November 2026 via checked.be.