Serena van de Vorle: what changed
Serena van de Vorle
Largest movements
- Receivables within one year +€6,935
up €6,935 (+43.1%), from €16,072 to €23,006
of which Other amounts receivable: +€6,986
- Tangible fixed assets +€2,003
up €2,003 (+5.3%), from €37,483 to €39,485
of which Furniture and vehicles: +€4,003
- Deferred charges and accrued income +€1,055
new in 2025: €1,055
- Trade debts +€7,274
up €7,274 (+121%), from €6,035 to €13,310
- Profit (loss) carried forward +€3,851
up €3,851 (+13.5%), from €28,460 to €32,311
- Debts after one year -€2,763
down €2,763 (-11.7%), from €23,612 to €20,850
- Tax, wage and social debts +€1,549
up €1,549 (+29.4%), from €5,260 to €6,808
- Turnover -€62,456
no longer reported in 2025 (was €62,456)
- Purchases and services -€41,049
no longer reported in 2025 (was €41,049)
- Gross operating margin -€9,773
down €9,773 (-45.7%), from €21,408 to €11,635
- Depreciation +€1,778
up €1,778 (+103%), from €1,719 to €3,497
- Taxes -€1,436
down €1,436 (-41.7%), from €3,441 to €2,005
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 | €69,420 | €79,331 | +€9,911 | +14.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €37,483 | €39,485 | +€2,003 | +5.3% |
| Tangible fixed assets | 22/27 | €37,483 | €39,485 | +€2,003 | +5.3% |
| Land and buildings | 22 | €36,000 | €34,000 | -€2,000 | -5.6% |
| Furniture and vehicles | 24 | €1,483 | €5,485 | +€4,003 | +270% |
| Current assets | 29/58 | €31,937 | €39,846 | +€7,908 | +24.8% |
| Amounts receivable within one year | 40/41 | €16,072 | €23,006 | +€6,935 | +43.1% |
| Trade receivables | 40 | €1,067 | €1,016 | -€52 | -4.8% |
| Other amounts receivable | 41 | €15,005 | €21,991 | +€6,986 | +46.6% |
| Cash at bank and in hand | 54/58 | €15,865 | €15,784 | -€81 | -0.5% |
| Deferred charges and accrued income | 490/1 | - | €1,055 | +€1,055 | |
| Total equity and liabilities | 10/49 | €69,420 | €79,331 | +€9,911 | +14.3% |
| Equity | 10/15 | €29,460 | €33,311 | +€3,851 | +13.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,460 | €32,311 | +€3,851 | +13.5% |
| Amounts payable | 17/49 | €39,959 | €46,020 | +€6,060 | +15.2% |
| Amounts payable after more than one year | 17 | €23,612 | €20,850 | -€2,763 | -11.7% |
| Financial debts | 170/4 | €23,612 | €20,850 | -€2,763 | -11.7% |
| Amounts payable within one year | 42/48 | €16,347 | €25,170 | +€8,823 | +54.0% |
| Current portion of amounts payable after more than one year | 42 | €5,052 | €5,052 | -€0 | 0.0% |
| Trade debts | 44 | €6,035 | €13,310 | +€7,274 | +121% |
| Suppliers | 440/4 | €6,035 | €13,310 | +€7,274 | +121% |
| Taxes, remuneration and social security | 45 | €5,260 | €6,808 | +€1,549 | +29.4% |
| Taxes | 450/3 | €5,260 | €6,808 | +€1,549 | +29.4% |
| Turnover | 70 | €62,456 | - | -€62,456 | |
| Goods, raw materials, services and sundry goods | 60/61 | €41,049 | - | -€41,049 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,719 | €3,497 | +€1,778 | +103% |
| Other operating charges | 640/8 | €806 | €856 | +€50 | +6.2% |
| Gross operating margin | 9900 | €21,408 | €11,635 | -€9,773 | -45.7% |
| Operating profit (loss) | 9901 | €18,882 | €7,281 | -€11,601 | -61.4% |
| Financial income | 75/76B | €7 | €12 | +€5 | +71.5% |
| Recurring financial income | 75 | €7 | €12 | +€5 | +71.5% |
| Financial charges | 65/66B | €1,683 | €1,438 | -€245 | -14.6% |
| Recurring financial charges | 65 | €1,683 | €1,438 | -€245 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €17,206 | €5,856 | -€11,350 | -66.0% |
| Income taxes | 67/77 | €3,441 | €2,005 | -€1,436 | -41.7% |
| Profit (loss) for the period | 9904 | €13,765 | €3,851 | -€9,914 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,765 | €3,851 | -€9,914 | -72.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.