SERENITY CONSTRUCTION: what changed
Two fiscal 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.
SERENITY CONSTRUCTION
Largest movements
- Tangible fixed assets -€3,698
down €3,698 (-2.7%), from €136,854 to €133,157
- Receivables within one year -€2,493
down €2,493 (-77.9%), from €3,200 to €707
of which Trade receivables: -€2,344
- Profit (loss) carried forward -€7,492
down €7,492 (-13.0%), from -€57,774 to -€65,266
- Other debts +€6,748
up €6,748 (+5.7%), from €118,887 to €125,635
- Trade debts -€3,442
down €3,442 (-75.7%), from €4,549 to €1,107
- Current portion of long-term debt -€1,995
down €1,995 (-42.4%), from €4,711 to €2,715
- Financial charges -€4,233
down €4,233 (-66.2%), from €6,390 to €2,157
of which Financial charges: -€4,233
- Other operating charges -€2,578
down €2,578 (-80.0%), from €3,224 to €646
- Purchases and services -€1,450
down €1,450 (-59.3%), from €2,443 to €993
- Gross operating margin +€1,449
up €1,449 (+59.4%), from -€2,440 to -€991
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.
Cash bridge derived
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 | €140,455 | €134,274 | -€6,181 | -4.4% |
| Fixed assets | 21/28 | €136,854 | €133,157 | -€3,698 | -2.7% |
| Tangible fixed assets | 22/27 | €136,854 | €133,157 | -€3,698 | -2.7% |
| Land and buildings | 22 | €136,854 | €133,157 | -€3,698 | -2.7% |
| Current assets | 29/58 | €3,601 | €1,118 | -€2,483 | -69.0% |
| Amounts receivable within one year | 40/41 | €3,200 | €707 | -€2,493 | -77.9% |
| Trade receivables | 40 | €3,051 | €707 | -€2,344 | -76.8% |
| Other amounts receivable | 41 | €149 | €0 | -€149 | -100.0% |
| Cash at bank and in hand | 54/58 | €401 | €411 | +€10 | +2.5% |
| Total equity and liabilities | 10/49 | €140,455 | €134,274 | -€6,181 | -4.4% |
| Equity | 10/15 | -€53,774 | -€61,266 | -€7,492 | -13.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,774 | -€65,266 | -€7,492 | -13.0% |
| Amounts payable | 17/49 | €194,229 | €195,540 | +€1,311 | +0.7% |
| Amounts payable after more than one year | 17 | €66,083 | €66,083 | = | 0.0% |
| Financial debts | 170/4 | €66,083 | €66,083 | = | 0.0% |
| Amounts payable within one year | 42/48 | €128,146 | €129,457 | +€1,311 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €4,711 | €2,715 | -€1,995 | -42.4% |
| Trade debts | 44 | €4,549 | €1,107 | -€3,442 | -75.7% |
| Suppliers | 440/4 | €4,549 | €1,107 | -€3,442 | -75.7% |
| Other amounts payable | 47/48 | €118,887 | €125,635 | +€6,748 | +5.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3 | €2 | -€1 | -37.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,443 | €993 | -€1,450 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,698 | €3,698 | = | 0.0% |
| Other operating charges | 640/8 | €3,224 | €646 | -€2,578 | -80.0% |
| Non-recurring operating charges | 66A | €168 | - | -€168 | |
| Gross operating margin | 9900 | -€2,440 | -€991 | +€1,449 | +59.4% |
| Operating profit (loss) | 9901 | -€9,529 | -€5,335 | +€4,194 | +44.0% |
| Financial charges | 65/66B | €6,390 | €2,157 | -€4,233 | -66.2% |
| Recurring financial charges | 65 | €6,390 | €2,157 | -€4,233 | -66.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€15,919 | -€7,492 | +€8,427 | +52.9% |
| Profit (loss) for the period | 9904 | -€15,919 | -€7,492 | +€8,427 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,919 | -€7,492 | +€8,427 | +52.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.