SERENDIPITY PARTNERS: 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.
SERENDIPITY PARTNERS
Largest movements
- Stocks and contracts -€26,144
down €26,144 (-31.1%), from €84,142 to €57,998
- Cash +€17,205
up €17,205 (+423%), from €4,069 to €21,274
mainly Stocks and contracts (+€26,144) and Receivables within one year (+€14,668)
- Receivables within one year -€14,668
down €14,668 (-63.9%), from €22,965 to €8,297
- Tax, wage and social debts -€23,960
down €23,960 (-73.1%), from €32,760 to €8,800
of which Taxes: -€22,145
- Reserves +€11,257
up €11,257 (+71.0%), from €15,853 to €27,110
- Other debts -€10,015
down €10,015 (-31.6%), from €31,679 to €21,664
- Trade debts -€1,516
down €1,516 (-6.8%), from €22,442 to €20,926
- Gross operating margin +€50,315
up €50,315, from -€34,345 to €15,970
- Financial charges +€1,728
up €1,728 (+155%), from €1,117 to €2,845
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 | €113,584 | €89,350 | -€24,234 | -21.3% |
| Fixed assets | 21/28 | €1,484 | €796 | -€688 | -46.4% |
| Tangible fixed assets | 22/27 | €1,484 | €796 | -€688 | -46.4% |
| Furniture and vehicles | 24 | €1,484 | €796 | -€688 | -46.4% |
| Current assets | 29/58 | €112,100 | €88,554 | -€23,546 | -21.0% |
| Stocks and contracts in progress | 3 | €84,142 | €57,998 | -€26,144 | -31.1% |
| Stocks | 30/36 | €84,142 | €57,998 | -€26,144 | -31.1% |
| Amounts receivable within one year | 40/41 | €22,965 | €8,297 | -€14,668 | -63.9% |
| Trade receivables | 40 | €22,965 | €8,297 | -€14,668 | -63.9% |
| Cash at bank and in hand | 54/58 | €4,069 | €21,274 | +€17,205 | +423% |
| Deferred charges and accrued income | 490/1 | €924 | €985 | +€61 | +6.6% |
| Total equity and liabilities | 10/49 | €113,584 | €89,350 | -€24,234 | -21.3% |
| Equity | 10/15 | €26,053 | €37,310 | +€11,257 | +43.2% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €15,853 | €27,110 | +€11,257 | +71.0% |
| Distributable reserves | 133 | €15,853 | €27,110 | +€11,257 | +71.0% |
| Amounts payable | 17/49 | €87,531 | €52,040 | -€35,491 | -40.5% |
| Amounts payable within one year | 42/48 | €86,881 | €51,390 | -€35,491 | -40.9% |
| Trade debts | 44 | €22,442 | €20,926 | -€1,516 | -6.8% |
| Suppliers | 440/4 | €22,442 | €20,926 | -€1,516 | -6.8% |
| Taxes, remuneration and social security | 45 | €32,760 | €8,800 | -€23,960 | -73.1% |
| Taxes | 450/3 | €29,565 | €7,420 | -€22,145 | -74.9% |
| Remuneration and social security | 454/9 | €3,195 | €1,380 | -€1,815 | -56.8% |
| Other amounts payable | 47/48 | €31,679 | €21,664 | -€10,015 | -31.6% |
| Accrued charges and deferred income | 492/3 | €650 | €650 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €581 | €688 | +€107 | +18.4% |
| Other operating charges | 640/8 | €926 | €1,201 | +€275 | +29.7% |
| Gross operating margin | 9900 | -€34,345 | €15,970 | +€50,315 | |
| Operating profit (loss) | 9901 | -€35,852 | €14,081 | +€49,933 | |
| Financial income | 75/76B | €90 | €21 | -€69 | -76.7% |
| Recurring financial income | 75 | €90 | €21 | -€69 | -76.7% |
| Financial charges | 65/66B | €1,117 | €2,845 | +€1,728 | +155% |
| Recurring financial charges | 65 | €1,117 | €2,845 | +€1,728 | +155% |
| Profit (loss) for the period before taxes | 9903 | -€36,879 | €11,257 | +€48,136 | |
| Profit (loss) for the period | 9904 | -€36,879 | €11,257 | +€48,136 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,879 | €11,257 | +€48,136 |
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 16 October 2026 via checked.be.