LA CAVE SERESIENNE: 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.
LA CAVE SERESIENNE
Largest movements
- Cash -€7,530
down €7,530 (-59.2%), from €12,724 to €5,194
mainly Trade debts (-€4,823) and Other debts (-€2,755)
- Tangible fixed assets -€2,828
down €2,828 (-44.4%), from €6,365 to €3,537
of which Plant, machinery and equipment: -€1,549
- Stocks and contracts +€1,578
up €1,578 (+4.3%), from €36,712 to €38,290
- Profit (loss) carried forward +€7,389
up €7,389 (+57.8%), from €12,774 to €20,163
- Reserves -€5,991
no longer reported in 2025 (was €5,991)
- Trade debts -€4,823
down €4,823 (-78.7%), from €6,128 to €1,305
- Other debts -€2,755
down €2,755 (-79.3%), from €3,476 to €721
- Provisions -€2,000
no longer reported in 2025 (was €2,000)
- Gross operating margin -€5,200
down €5,200 (-38.4%), from €13,536 to €8,336
- Taxes -€3,359
down €3,359 (-73.7%), from €4,559 to €1,200
- Depreciation -€644
down €644 (-18.6%), from €3,473 to €2,828
- Other operating charges +€221
up €221 (+17.2%), from €1,283 to €1,504
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 | €55,806 | €47,021 | -€8,785 | -15.7% |
| Fixed assets | 21/28 | €6,365 | €3,537 | -€2,828 | -44.4% |
| Tangible fixed assets | 22/27 | €6,365 | €3,537 | -€2,828 | -44.4% |
| Plant, machinery and equipment | 23 | €3,508 | €1,958 | -€1,549 | -44.2% |
| Furniture and vehicles | 24 | €2,858 | €1,578 | -€1,279 | -44.8% |
| Current assets | 29/58 | €49,441 | €43,484 | -€5,957 | -12.0% |
| Stocks and contracts in progress | 3 | €36,712 | €38,290 | +€1,578 | +4.3% |
| Stocks | 30/36 | €36,712 | €38,290 | +€1,578 | +4.3% |
| Amounts receivable within one year | 40/41 | €5 | - | -€5 | |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €12,724 | €5,194 | -€7,530 | -59.2% |
| Total equity and liabilities | 10/49 | €55,806 | €47,021 | -€8,785 | -15.7% |
| Equity | 10/15 | €38,765 | €40,163 | +€1,398 | +3.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,991 | - | -€5,991 | |
| Tax-exempt reserves | 132 | €5,991 | - | -€5,991 | |
| Profit (loss) carried forward | 14 | €12,774 | €20,163 | +€7,389 | +57.8% |
| Provisions and deferred taxes | 16 | €2,000 | - | -€2,000 | |
| Deferred taxes | 168 | €2,000 | - | -€2,000 | |
| Amounts payable | 17/49 | €15,040 | €6,857 | -€8,183 | -54.4% |
| Amounts payable within one year | 42/48 | €15,040 | €6,857 | -€8,183 | -54.4% |
| Trade debts | 44 | €6,128 | €1,305 | -€4,823 | -78.7% |
| Suppliers | 440/4 | €6,128 | €1,305 | -€4,823 | -78.7% |
| Taxes, remuneration and social security | 45 | €5,436 | €4,832 | -€604 | -11.1% |
| Taxes | 450/3 | €5,436 | €4,832 | -€604 | -11.1% |
| Other amounts payable | 47/48 | €3,476 | €721 | -€2,755 | -79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,473 | €2,828 | -€644 | -18.6% |
| Other operating charges | 640/8 | €1,283 | €1,504 | +€221 | +17.2% |
| Gross operating margin | 9900 | €13,536 | €8,336 | -€5,200 | -38.4% |
| Operating profit (loss) | 9901 | €8,780 | €4,003 | -€4,777 | -54.4% |
| Financial charges | 65/66B | €3,312 | €3,406 | +€94 | +2.8% |
| Recurring financial charges | 65 | €3,312 | €3,406 | +€94 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €5,468 | €597 | -€4,870 | -89.1% |
| Transfer from deferred taxes | 780 | €2,000 | €2,000 | -€0 | 0.0% |
| Income taxes | 67/77 | €4,559 | €1,200 | -€3,359 | -73.7% |
| Profit (loss) for the period | 9904 | €2,909 | €1,398 | -€1,511 | -51.9% |
| Transfer from tax-exempt reserves | 789 | €6,011 | €5,991 | -€20 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,920 | €7,389 | -€1,531 | -17.2% |
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 18 October 2026 via checked.be.