SERALITEC: 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.
SERALITEC
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash +€38,816
up €38,816 (+21.0%), from €184,448 to €223,264
mainly Net result for the year (+€65,813) and Tax, wage and social debts (+€28,778)
- Intangible fixed assets +€8,286
new in 2025: €8,286
- Tangible fixed assets +€7,893
up €7,893 (+18.6%), from €42,430 to €50,323
of which Land and buildings: +€6,580
- Reserves +€65,813
up €65,813 (+39.9%), from €164,741 to €230,554
of which Distributable reserves: +€65,813
- Tax, wage and social debts +€28,778
up €28,778 (+85.1%), from €33,803 to €62,581
of which Taxes: +€16,719
- Other debts +€17,463
up €17,463 (+51.5%), from €33,906 to €51,369
- Gross operating margin +€24,881
up €24,881 (+16.8%), from €148,323 to €173,203
- Staff costs +€10,025
up €10,025 (+15.6%), from €64,330 to €74,355
- Taxes +€4,880
up €4,880 (+25.0%), from €19,495 to €24,375
- Depreciation +€3,242
up €3,242 (+78.8%), from €4,116 to €7,358
- Other operating charges -€2,924
down €2,924 (-55.7%), from €5,249 to €2,325
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 | €257,389 | €365,997 | +€108,608 | +42.2% |
| Fixed assets | 21/28 | €42,430 | €58,609 | +€16,179 | +38.1% |
| Intangible fixed assets | 21 | - | €8,286 | +€8,286 | |
| Tangible fixed assets | 22/27 | €42,430 | €50,323 | +€7,893 | +18.6% |
| Land and buildings | 22 | €40,977 | €47,557 | +€6,580 | +16.1% |
| Plant, machinery and equipment | 23 | - | €403 | +€403 | |
| Furniture and vehicles | 24 | €1,453 | €2,363 | +€910 | +62.6% |
| Current assets | 29/58 | €214,959 | €307,388 | +€92,429 | +43.0% |
| Amounts receivable within one year | 40/41 | €30,511 | €33,025 | +€2,514 | +8.2% |
| Trade receivables | 40 | €30,365 | €32,879 | +€2,514 | +8.3% |
| Other amounts receivable | 41 | €146 | €146 | = | 0.0% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €184,448 | €223,264 | +€38,816 | +21.0% |
| Deferred charges and accrued income | 490/1 | - | €1,099 | +€1,099 | |
| Total equity and liabilities | 10/49 | €257,389 | €365,997 | +€108,608 | +42.2% |
| Equity | 10/15 | €183,333 | €249,146 | +€65,813 | +35.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €164,741 | €230,554 | +€65,813 | +39.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €162,882 | €228,695 | +€65,813 | +40.4% |
| Amounts payable | 17/49 | €74,056 | €116,851 | +€42,795 | +57.8% |
| Amounts payable within one year | 42/48 | €74,056 | €116,851 | +€42,795 | +57.8% |
| Trade debts | 44 | €6,347 | €2,900 | -€3,446 | -54.3% |
| Suppliers | 440/4 | €6,347 | €2,900 | -€3,446 | -54.3% |
| Taxes, remuneration and social security | 45 | €33,803 | €62,581 | +€28,778 | +85.1% |
| Taxes | 450/3 | €12,784 | €29,503 | +€16,719 | +131% |
| Remuneration and social security | 454/9 | €21,019 | €33,079 | +€12,060 | +57.4% |
| Other amounts payable | 47/48 | €33,906 | €51,369 | +€17,463 | +51.5% |
| Remuneration, social security and pensions | 62 | €64,330 | €74,355 | +€10,025 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,116 | €7,358 | +€3,242 | +78.8% |
| Other operating charges | 640/8 | €5,249 | €2,325 | -€2,924 | -55.7% |
| Gross operating margin | 9900 | €148,323 | €173,203 | +€24,881 | +16.8% |
| Operating profit (loss) | 9901 | €74,628 | €89,166 | +€14,538 | +19.5% |
| Financial income | 75/76B | - | €1,458 | +€1,458 | |
| Recurring financial income | 75 | - | €1,458 | +€1,458 | |
| Financial charges | 65/66B | €301 | €437 | +€135 | +45.0% |
| Recurring financial charges | 65 | €301 | €437 | +€135 | +45.0% |
| Profit (loss) for the period before taxes | 9903 | €74,327 | €90,188 | +€15,860 | +21.3% |
| Income taxes | 67/77 | €19,495 | €24,375 | +€4,880 | +25.0% |
| Profit (loss) for the period | 9904 | €54,833 | €65,813 | +€10,980 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,833 | €65,813 | +€10,980 | +20.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.