SER GROEP: what changed
SER GROEP
Largest movements
- Cash -€12,219
down €12,219 (-62.9%), from €19,429 to €7,210
mainly Net result for the year (-€23,623) and Other debts (-€1,060)
- Tangible fixed assets -€3,002
down €3,002 (-27.4%), from €10,950 to €7,948
- Deferred charges and accrued income -€2,212
no longer reported in 2024 (was €2,212)
- Receivables within one year -€875
down €875 (-16.4%), from €5,341 to €4,466
of which Trade receivables: -€1,247
- Profit (loss) carried forward -€23,623
new in 2024: -€23,623
- Tax, wage and social debts +€5,962
up €5,962 (+57.4%), from €10,394 to €16,356
of which Remuneration and social security: +€3,873
- Other debts -€1,060
down €1,060 (-53.8%), from €1,969 to €909
- Trade debts +€396
up €396 (+32.6%), from €1,217 to €1,613
- Gross operating margin -€42,602
down €42,602 (-77.6%), from €54,924 to €12,322
- Staff costs +€8,569
up €8,569 (+39.7%), from €21,598 to €30,167
- Taxes -€7,431
no longer reported in 2024 (was €7,431)
- Other operating charges -€706
down €706 (-86.9%), from €812 to €106
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,948 | €19,624 | -€18,324 | -48.3% |
| Formation expenses | 20 | €17 | - | -€17 | |
| Fixed assets | 21/28 | €10,950 | €7,948 | -€3,002 | -27.4% |
| Tangible fixed assets | 22/27 | €10,950 | €7,948 | -€3,002 | -27.4% |
| Furniture and vehicles | 24 | €10,950 | €7,948 | -€3,002 | -27.4% |
| Current assets | 29/58 | €26,982 | €11,676 | -€15,306 | -56.7% |
| Amounts receivable within one year | 40/41 | €5,341 | €4,466 | -€875 | -16.4% |
| Trade receivables | 40 | €4,760 | €3,513 | -€1,247 | -26.2% |
| Other amounts receivable | 41 | €581 | €953 | +€372 | +64.0% |
| Cash at bank and in hand | 54/58 | €19,429 | €7,210 | -€12,219 | -62.9% |
| Deferred charges and accrued income | 490/1 | €2,212 | - | -€2,212 | |
| Total equity and liabilities | 10/49 | €37,948 | €19,624 | -€18,324 | -48.3% |
| Equity | 10/15 | €24,368 | €745 | -€23,623 | -96.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,368 | €19,368 | = | 0.0% |
| Distributable reserves | 133 | €19,368 | €19,368 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€23,623 | -€23,623 | |
| Amounts payable | 17/49 | €13,580 | €18,879 | +€5,298 | +39.0% |
| Amounts payable within one year | 42/48 | €13,580 | €18,879 | +€5,298 | +39.0% |
| Trade debts | 44 | €1,217 | €1,613 | +€396 | +32.6% |
| Suppliers | 440/4 | €1,217 | €1,613 | +€396 | +32.6% |
| Taxes, remuneration and social security | 45 | €10,394 | €16,356 | +€5,962 | +57.4% |
| Taxes | 450/3 | €7,431 | €9,521 | +€2,089 | +28.1% |
| Remuneration and social security | 454/9 | €2,963 | €6,836 | +€3,873 | +131% |
| Other amounts payable | 47/48 | €1,969 | €909 | -€1,060 | -53.8% |
| Remuneration, social security and pensions | 62 | €21,598 | €30,167 | +€8,569 | +39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,077 | €3,019 | -€58 | -1.9% |
| Other operating charges | 640/8 | €812 | €106 | -€706 | -86.9% |
| Gross operating margin | 9900 | €54,924 | €12,322 | -€42,602 | -77.6% |
| Operating profit (loss) | 9901 | €29,437 | -€20,970 | -€50,407 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.9% |
| Financial charges | 65/66B | €2,638 | €2,653 | +€14 | +0.5% |
| Recurring financial charges | 65 | €2,638 | €2,653 | +€14 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €26,799 | -€23,623 | -€50,422 | |
| Income taxes | 67/77 | €7,431 | - | -€7,431 | |
| Profit (loss) for the period | 9904 | €19,368 | -€23,623 | -€42,991 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,368 | -€23,623 | -€42,991 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.