LE PETIT SERRURIER: 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.
LE PETIT SERRURIER
Largest movements
- Cash +€5,887
up €5,887 (+21.3%), from €27,652 to €33,539
mainly Net result for the year (+€8,698) and Depreciation (+€2,460)
- Stocks and contracts +€4,500
new in 2025: €4,500
- Tangible fixed assets -€2,144
down €2,144 (-28.6%), from €7,503 to €5,359
- Receivables within one year +€710
up €710 (+123%), from €576 to €1,287
of which Trade receivables: +€1,250
- Profit (loss) carried forward +€8,698
up €8,698 (+47.6%), from €18,278 to €26,976
- Purchases and services -€4,290
no longer reported in 2025 (was €4,290)
- Gross operating margin -€2,123
down €2,123 (-13.0%), from €16,347 to €14,224
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 | €36,207 | €44,843 | +€8,637 | +23.9% |
| Formation expenses | 20 | €475 | €158 | -€317 | -66.7% |
| Fixed assets | 21/28 | €7,503 | €5,359 | -€2,144 | -28.6% |
| Tangible fixed assets | 22/27 | €7,503 | €5,359 | -€2,144 | -28.6% |
| Plant, machinery and equipment | 23 | €7,503 | €5,359 | -€2,144 | -28.6% |
| Current assets | 29/58 | €28,229 | €39,325 | +€11,097 | +39.3% |
| Stocks and contracts in progress | 3 | - | €4,500 | +€4,500 | |
| Stocks | 30/36 | - | €4,500 | +€4,500 | |
| Amounts receivable within one year | 40/41 | €576 | €1,287 | +€710 | +123% |
| Trade receivables | 40 | - | €1,250 | +€1,250 | |
| Other amounts receivable | 41 | €576 | €37 | -€540 | -93.7% |
| Cash at bank and in hand | 54/58 | €27,652 | €33,539 | +€5,887 | +21.3% |
| Total equity and liabilities | 10/49 | €36,207 | €44,843 | +€8,637 | +23.9% |
| Equity | 10/15 | €23,278 | €31,976 | +€8,698 | +37.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,278 | €26,976 | +€8,698 | +47.6% |
| Amounts payable | 17/49 | €12,929 | €12,867 | -€62 | -0.5% |
| Amounts payable within one year | 42/48 | €12,929 | €12,867 | -€62 | -0.5% |
| Taxes, remuneration and social security | 45 | €2,914 | €2,852 | -€62 | -2.1% |
| Taxes | 450/3 | €2,914 | €2,852 | -€62 | -2.1% |
| Other amounts payable | 47/48 | €10,015 | €10,015 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,290 | - | -€4,290 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,460 | €2,460 | +€0 | 0.0% |
| Other operating charges | 640/8 | €467 | €400 | -€68 | -14.5% |
| Gross operating margin | 9900 | €16,347 | €14,224 | -€2,123 | -13.0% |
| Operating profit (loss) | 9901 | €13,419 | €11,364 | -€2,055 | -15.3% |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €13,365 | €11,310 | -€2,055 | -15.4% |
| Income taxes | 67/77 | €2,541 | €2,611 | +€71 | +2.8% |
| Profit (loss) for the period | 9904 | €10,824 | €8,698 | -€2,126 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,824 | €8,698 | -€2,126 | -19.6% |
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.