SERENITY ZEN: 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 ZEN
Largest movements
- Tangible fixed assets -€23,387
no longer reported in 2025 (was €23,387)
of which Leasing and similar rights: -€19,588
- Receivables within one year -€2,818
down €2,818 (-51.4%), from €5,480 to €2,662
of which Trade receivables: -€2,796
- Debts after one year -€10,216
down €10,216 (-81.2%), from €12,575 to €2,358
- Profit (loss) carried forward -€5,679
down €5,679 (-21.0%), from -€26,983 to -€32,661
- Short-term financial debts -€5,490
no longer reported in 2025 (was €5,490)
- Current portion of long-term debt -€4,618
down €4,618 (-61.1%), from €7,559 to €2,941
- Other debts +€2,888
up €2,888 (+1,828%), from €158 to €3,046
- Gross operating margin -€14,423
down €14,423, from €14,402 to -€21
- Depreciation -€7,822
no longer reported in 2025 (was €7,822)
- Financial charges -€1,972
down €1,972 (-53.9%), from €3,659 to €1,687
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 | €33,296 | €6,783 | -€26,513 | -79.6% |
| Fixed assets | 21/28 | €23,387 | - | -€23,387 | |
| Tangible fixed assets | 22/27 | €23,387 | - | -€23,387 | |
| Plant, machinery and equipment | 23 | €3,798 | - | -€3,798 | |
| Leasing and similar rights | 25 | €19,588 | - | -€19,588 | |
| Current assets | 29/58 | €9,909 | €6,783 | -€3,126 | -31.5% |
| Stocks and contracts in progress | 3 | €4,091 | €3,780 | -€310 | -7.6% |
| Stocks | 30/36 | €4,091 | €3,780 | -€310 | -7.6% |
| Amounts receivable within one year | 40/41 | €5,480 | €2,662 | -€2,818 | -51.4% |
| Trade receivables | 40 | €5,446 | €2,650 | -€2,796 | -51.3% |
| Other amounts receivable | 41 | €34 | €12 | -€22 | -64.8% |
| Cash at bank and in hand | 54/58 | €339 | €341 | +€2 | +0.6% |
| Total equity and liabilities | 10/49 | €33,296 | €6,783 | -€26,513 | -79.6% |
| Equity | 10/15 | €3,017 | -€2,661 | -€5,679 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,983 | -€32,661 | -€5,679 | -21.0% |
| Amounts payable | 17/49 | €30,279 | €9,445 | -€20,834 | -68.8% |
| Amounts payable after more than one year | 17 | €12,575 | €2,358 | -€10,216 | -81.2% |
| Financial debts | 170/4 | €12,575 | €2,358 | -€10,216 | -81.2% |
| Amounts payable within one year | 42/48 | €17,704 | €7,086 | -€10,618 | -60.0% |
| Current portion of amounts payable after more than one year | 42 | €7,559 | €2,941 | -€4,618 | -61.1% |
| Financial debts | 43 | €5,490 | - | -€5,490 | |
| Credit institutions | 430/8 | €5,490 | - | -€5,490 | |
| Trade debts | 44 | €1,094 | €212 | -€882 | -80.6% |
| Suppliers | 440/4 | €1,094 | €212 | -€882 | -80.6% |
| Taxes, remuneration and social security | 45 | €3,403 | €887 | -€2,516 | -73.9% |
| Taxes | 450/3 | €3,403 | €887 | -€2,516 | -73.9% |
| Other amounts payable | 47/48 | €158 | €3,046 | +€2,888 | +1,828% |
| Non-recurring operating income | 76A | - | €1,226 | +€1,226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,822 | - | -€7,822 | |
| Other operating charges | 640/8 | €387 | €527 | +€139 | +35.9% |
| Non-recurring operating charges | 66A | - | €3,385 | +€3,385 | |
| Gross operating margin | 9900 | €14,402 | -€21 | -€14,423 | |
| Operating profit (loss) | 9901 | €6,193 | -€3,933 | -€10,126 | |
| Financial charges | 65/66B | €3,659 | €1,687 | -€1,972 | -53.9% |
| Recurring financial charges | 65 | €3,659 | €1,687 | -€1,972 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | €2,534 | -€5,620 | -€8,154 | |
| Income taxes | 67/77 | €140 | €59 | -€81 | -57.9% |
| Profit (loss) for the period | 9904 | €2,394 | -€5,679 | -€8,073 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,394 | -€5,679 | -€8,073 |
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 26 October 2026 via checked.be.