Serendally: 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.
Serendally
Largest movements
- Stocks and contracts +€55,963
up €55,963 (+23.6%), from €236,665 to €292,628
- Cash -€12,163
down €12,163 (-57.4%), from €21,205 to €9,043
mainly Stocks and contracts (-€55,963) and Net result for the year (-€26,041)
- Other debts +€69,836
up €69,836 (+26.1%), from €267,681 to €337,517
- Profit (loss) carried forward -€26,041
down €26,041 (-24.6%), from -€105,792 to -€131,833
- Gross operating margin +€45,684
up €45,684 (+74.6%), from -€61,266 to -€15,582
- Financial charges -€1,899
down €1,899 (-25.6%), from €7,409 to €5,510
- Other operating charges +€1,542
up €1,542 (+146%), from €1,054 to €2,596
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 | €332,197 | €373,645 | +€41,447 | +12.5% |
| Fixed assets | 21/28 | €4,327 | €1,974 | -€2,353 | -54.4% |
| Tangible fixed assets | 22/27 | €4,327 | €1,974 | -€2,353 | -54.4% |
| Plant, machinery and equipment | 23 | €141 | - | -€141 | |
| Furniture and vehicles | 24 | €4,186 | €1,974 | -€2,212 | -52.8% |
| Current assets | 29/58 | €327,871 | €371,671 | +€43,800 | +13.4% |
| Stocks and contracts in progress | 3 | €236,665 | €292,628 | +€55,963 | +23.6% |
| Stocks | 30/36 | €236,665 | €292,628 | +€55,963 | +23.6% |
| Amounts receivable within one year | 40/41 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 41 | €70,000 | €70,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,205 | €9,043 | -€12,163 | -57.4% |
| Total equity and liabilities | 10/49 | €332,197 | €373,645 | +€41,447 | +12.5% |
| Equity | 10/15 | -€81,157 | -€107,198 | -€26,041 | -32.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €22,136 | €22,136 | = | 0.0% |
| Distributable reserves | 133 | €22,136 | €22,136 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,792 | -€131,833 | -€26,041 | -24.6% |
| Amounts payable | 17/49 | €413,354 | €480,842 | +€67,488 | +16.3% |
| Amounts payable after more than one year | 17 | €140,000 | €140,000 | = | 0.0% |
| Financial debts | 170/4 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €273,354 | €340,842 | +€67,488 | +24.7% |
| Trade debts | 44 | €2,673 | €3,325 | +€653 | +24.4% |
| Suppliers | 440/4 | €2,673 | €3,325 | +€653 | +24.4% |
| Taxes, remuneration and social security | 45 | €3,000 | - | -€3,000 | |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €267,681 | €337,517 | +€69,836 | +26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,718 | €2,353 | -€365 | -13.4% |
| Other operating charges | 640/8 | €1,054 | €2,596 | +€1,542 | +146% |
| Gross operating margin | 9900 | -€61,266 | -€15,582 | +€45,684 | +74.6% |
| Operating profit (loss) | 9901 | -€65,037 | -€20,531 | +€44,507 | +68.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,409 | €5,510 | -€1,899 | -25.6% |
| Recurring financial charges | 65 | €7,409 | €5,510 | -€1,899 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | -€72,447 | -€26,041 | +€46,406 | +64.1% |
| Profit (loss) for the period | 9904 | -€72,447 | -€26,041 | +€46,406 | +64.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,447 | -€26,041 | +€46,406 | +64.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.