PARERE D'EN SERRE: what changed
PARERE D'EN SERRE
Largest movements
- Tangible fixed assets -€15,332
down €15,332 (-10.7%), from €142,652 to €127,320
of which Land and buildings: -€14,822
- Receivables within one year +€14,707
up €14,707 (+9.2%), from €160,280 to €174,987
- Cash -€9,189
no longer reported in 2025 (was €9,189)
mainly Net result for the year (-€16,564) and Receivables within one year (-€14,707)
- Profit (loss) carried forward -€16,564
down €16,564 (-59.8%), from -€27,700 to -€44,265
- Short-term financial debts +€4,920
new in 2025: €4,920
- Taxes +€4,846
no longer reported in 2025 (was -€4,846)
- Gross operating margin -€1,065
down €1,065 (-27.7%), from €3,840 to €2,775
- Depreciation +€181
up €181 (+1.2%), from €15,151 to €15,332
- Other operating charges +€126
up €126 (+3.8%), from €3,356 to €3,482
- Financial charges +€46
up €46 (+9.5%), from €481 to €527
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €313,780 | €303,271 | -€10,509 | -3.3% |
| Fixed assets | 21/28 | €142,652 | €127,320 | -€15,332 | -10.7% |
| Tangible fixed assets | 22/27 | €142,652 | €127,320 | -€15,332 | -10.7% |
| Land and buildings | 22 | €142,132 | €127,310 | -€14,822 | -10.4% |
| Plant, machinery and equipment | 23 | €520 | €10 | -€510 | -98.1% |
| Current assets | 29/58 | €171,128 | €175,951 | +€4,823 | +2.8% |
| Amounts receivable within one year | 40/41 | €160,280 | €174,987 | +€14,707 | +9.2% |
| Other amounts receivable | 41 | €160,280 | €174,987 | +€14,707 | +9.2% |
| Cash at bank and in hand | 54/58 | €9,189 | - | -€9,189 | |
| Deferred charges and accrued income | 490/1 | €1,659 | €964 | -€695 | -41.9% |
| Total equity and liabilities | 10/49 | €313,780 | €303,271 | -€10,509 | -3.3% |
| Equity | 10/15 | €264,411 | €247,847 | -€16,564 | -6.3% |
| Contributions | 10/11 | €18,840 | €18,840 | = | 0.0% |
| Contributions outside capital | 11 | €18,840 | €18,840 | = | 0.0% |
| Other | 1109/19 | €18,840 | €18,840 | = | 0.0% |
| Reserves | 13 | €273,272 | €273,272 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,884 | €1,884 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,884 | €1,884 | = | 0.0% |
| Distributable reserves | 133 | €271,388 | €271,388 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,700 | -€44,265 | -€16,564 | -59.8% |
| Amounts payable | 17/49 | €49,369 | €55,425 | +€6,056 | +12.3% |
| Amounts payable within one year | 42/48 | €49,369 | €55,425 | +€6,056 | +12.3% |
| Financial debts | 43 | - | €4,920 | +€4,920 | |
| Credit institutions | 430/8 | - | €4,920 | +€4,920 | |
| Trade debts | 44 | €578 | €2,289 | +€1,711 | +296% |
| Suppliers | 440/4 | €578 | €2,289 | +€1,711 | +296% |
| Other amounts payable | 47/48 | €48,791 | €48,216 | -€575 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,151 | €15,332 | +€181 | +1.2% |
| Other operating charges | 640/8 | €3,356 | €3,482 | +€126 | +3.8% |
| Gross operating margin | 9900 | €3,840 | €2,775 | -€1,065 | -27.7% |
| Operating profit (loss) | 9901 | -€14,667 | -€16,039 | -€1,372 | -9.4% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €481 | €527 | +€46 | +9.5% |
| Recurring financial charges | 65 | €481 | €527 | +€46 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,148 | -€16,564 | -€1,416 | -9.3% |
| Income taxes | 67/77 | -€4,846 | - | +€4,846 | |
| Profit (loss) for the period | 9904 | -€10,302 | -€16,564 | -€6,262 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,302 | -€16,564 | -€6,262 | -60.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.