MAISON SERONVALLE: 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.
MAISON SERONVALLE
Largest movements
- Receivables within one year +€71,877
up €71,877 (+33.9%), from €211,914 to €283,791
of which Other amounts receivable: +€65,916
- Stocks and contracts +€23,035
up €23,035 (+11.4%), from €202,859 to €225,894
- Cash -€12,467
down €12,467 (-18.2%), from €68,623 to €56,156
mainly Receivables within one year (-€71,877) and Stocks and contracts (-€23,035)
- Reserves +€77,244
up €77,244 (+22.7%), from €340,188 to €417,432
of which Distributable reserves: +€77,244
- Tax, wage and social debts +€18,579
up €18,579 (+59.6%), from €31,171 to €49,750
of which Taxes: +€19,117
- Gross operating margin +€53,216
up €53,216 (+21.5%), from €247,936 to €301,153
- Taxes +€21,118
up €21,118 (+122%), from €17,268 to €38,386
- Depreciation -€3,381
down €3,381 (-25.9%), from €13,065 to €9,685
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €538,464 | €624,722 | +€86,259 | +16.0% |
| Fixed assets | 21/28 | €50,387 | €53,916 | +€3,529 | +7.0% |
| Tangible fixed assets | 22/27 | €49,077 | €52,606 | +€3,529 | +7.2% |
| Furniture and vehicles | 24 | €2,226 | €12,526 | +€10,301 | +463% |
| Other tangible fixed assets | 26 | €46,851 | €40,079 | -€6,771 | -14.5% |
| Financial fixed assets | 28 | €1,310 | €1,310 | = | 0.0% |
| Current assets | 29/58 | €488,077 | €570,807 | +€82,730 | +17.0% |
| Stocks and contracts in progress | 3 | €202,859 | €225,894 | +€23,035 | +11.4% |
| Stocks | 30/36 | €202,859 | €225,894 | +€23,035 | +11.4% |
| Amounts receivable within one year | 40/41 | €211,914 | €283,791 | +€71,877 | +33.9% |
| Trade receivables | 40 | €45,485 | €51,447 | +€5,961 | +13.1% |
| Other amounts receivable | 41 | €166,428 | €232,344 | +€65,916 | +39.6% |
| Cash at bank and in hand | 54/58 | €68,623 | €56,156 | -€12,467 | -18.2% |
| Deferred charges and accrued income | 490/1 | €4,682 | €4,966 | +€285 | +6.1% |
| Total equity and liabilities | 10/49 | €538,464 | €624,722 | +€86,259 | +16.0% |
| Equity | 10/15 | €412,677 | €488,254 | +€75,577 | +18.3% |
| Contributions | 10/11 | €68,491 | €68,491 | = | 0.0% |
| Capital | 10 | €68,491 | €68,491 | = | 0.0% |
| Issued capital | 100 | €68,491 | €68,491 | = | 0.0% |
| Reserves | 13 | €340,188 | €417,432 | +€77,244 | +22.7% |
| Non-distributable reserves | 130/1 | €6,849 | - | -€6,849 | |
| Legal reserve | 130 | €6,849 | - | -€6,849 | |
| Tax-exempt reserves | 132 | - | €6,849 | +€6,849 | |
| Distributable reserves | 133 | €333,339 | €410,583 | +€77,244 | +23.2% |
| Profit (loss) carried forward | 14 | €3,998 | €2,331 | -€1,667 | -41.7% |
| Amounts payable | 17/49 | €125,786 | €136,468 | +€10,682 | +8.5% |
| Amounts payable after more than one year | 17 | €725 | - | -€725 | |
| Financial debts | 170/4 | €725 | - | -€725 | |
| Amounts payable within one year | 42/48 | €123,811 | €134,968 | +€11,157 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €4,657 | €774 | -€3,883 | -83.4% |
| Trade debts | 44 | €86,574 | €81,368 | -€5,206 | -6.0% |
| Suppliers | 440/4 | €86,574 | €81,368 | -€5,206 | -6.0% |
| Taxes, remuneration and social security | 45 | €31,171 | €49,750 | +€18,579 | +59.6% |
| Taxes | 450/3 | €8,109 | €27,226 | +€19,117 | +236% |
| Remuneration and social security | 454/9 | €23,063 | €22,525 | -€538 | -2.3% |
| Other amounts payable | 47/48 | €1,409 | €3,076 | +€1,667 | +118% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,500 | +€250 | +20.0% |
| Remuneration, social security and pensions | 62 | €182,475 | €179,693 | -€2,782 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,065 | €9,685 | -€3,381 | -25.9% |
| Other operating charges | 640/8 | €1,686 | €2,271 | +€586 | +34.7% |
| Gross operating margin | 9900 | €247,936 | €301,153 | +€53,216 | +21.5% |
| Operating profit (loss) | 9901 | €50,710 | €109,504 | +€58,794 | +116% |
| Financial income | 75/76B | €5,736 | €6,900 | +€1,164 | +20.3% |
| Recurring financial income | 75 | €5,736 | €6,900 | +€1,164 | +20.3% |
| Financial charges | 65/66B | €2,673 | €774 | -€1,899 | -71.0% |
| Recurring financial charges | 65 | €2,673 | €774 | -€1,899 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | €53,773 | €115,630 | +€61,857 | +115% |
| Income taxes | 67/77 | €17,268 | €38,386 | +€21,118 | +122% |
| Profit (loss) for the period | 9904 | €36,505 | €77,244 | +€40,739 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €36,505 | €77,244 | +€40,739 | +112% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.