SERENITY IT SERVICES: 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.
SERENITY IT SERVICES
Largest movements
- Receivables within one year -€95,066
down €95,066 (-29.6%), from €321,284 to €226,217
of which Other amounts receivable: -€91,538
- Cash -€21,893
down €21,893 (-91.6%), from €23,899 to €2,007
mainly Contributions, distributions and other (-€185,870) and Accrued charges and deferred income (-€1,555)
- Profit (loss) carried forward -€84,112
down €84,112 (-100%), from €84,112 to €0
- Reserves -€33,161
down €33,161 (-20.1%), from €164,966 to €131,806
of which Distributable reserves: -€33,161
- Gross operating margin -€16,695
down €16,695 (-17.7%), from €94,442 to €77,748
- Taxes -€4,445
down €4,445 (-18.4%), from €24,161 to €19,716
- Financial income -€3,354
down €3,354 (-17.9%), from €18,743 to €15,389
- Financial charges -€1,908
down €1,908 (-53.8%), from €3,545 to €1,637
- Other operating charges +€1,448
up €1,448 (+115%), from €1,257 to €2,704
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 | €346,518 | €229,077 | -€117,441 | -33.9% |
| Fixed assets | 21/28 | €1,335 | €853 | -€482 | -36.1% |
| Tangible fixed assets | 22/27 | €1,335 | €853 | -€482 | -36.1% |
| Furniture and vehicles | 24 | €1,335 | €853 | -€482 | -36.1% |
| Current assets | 29/58 | €345,183 | €228,224 | -€116,959 | -33.9% |
| Amounts receivable within one year | 40/41 | €321,284 | €226,217 | -€95,066 | -29.6% |
| Trade receivables | 40 | €20,418 | €16,890 | -€3,529 | -17.3% |
| Other amounts receivable | 41 | €300,866 | €209,328 | -€91,538 | -30.4% |
| Cash at bank and in hand | 54/58 | €23,899 | €2,007 | -€21,893 | -91.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €346,518 | €229,077 | -€117,441 | -33.9% |
| Equity | 10/15 | €267,679 | €150,406 | -€117,273 | -43.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €164,966 | €131,806 | -€33,161 | -20.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €163,106 | €129,946 | -€33,161 | -20.3% |
| Profit (loss) carried forward | 14 | €84,112 | €0 | -€84,112 | -100% |
| Amounts payable | 17/49 | €78,840 | €78,671 | -€168 | -0.2% |
| Amounts payable within one year | 42/48 | €77,285 | €78,671 | +€1,387 | +1.8% |
| Trade debts | 44 | €2,915 | €2,743 | -€172 | -5.9% |
| Suppliers | 440/4 | €2,915 | €2,743 | -€172 | -5.9% |
| Taxes, remuneration and social security | 45 | €74,370 | €75,928 | +€1,559 | +2.1% |
| Taxes | 450/3 | €74,370 | €75,928 | +€1,559 | +2.1% |
| Accrued charges and deferred income | 492/3 | €1,555 | €0 | -€1,555 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111 | €482 | +€371 | +336% |
| Other operating charges | 640/8 | €1,257 | €2,704 | +€1,448 | +115% |
| Gross operating margin | 9900 | €94,442 | €77,748 | -€16,695 | -17.7% |
| Operating profit (loss) | 9901 | €93,075 | €74,561 | -€18,514 | -19.9% |
| Financial income | 75/76B | €18,743 | €15,389 | -€3,354 | -17.9% |
| Recurring financial income | 75 | €18,743 | €15,389 | -€3,354 | -17.9% |
| Financial charges | 65/66B | €3,545 | €1,637 | -€1,908 | -53.8% |
| Recurring financial charges | 65 | €3,545 | €1,637 | -€1,908 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €108,273 | €88,313 | -€19,960 | -18.4% |
| Income taxes | 67/77 | €24,161 | €19,716 | -€4,445 | -18.4% |
| Profit (loss) for the period | 9904 | €84,112 | €68,597 | -€15,515 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €84,112 | €68,597 | -€15,515 | -18.4% |
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 14 October 2026 via checked.be.