SERENOVE CONSTRUCTION: 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.
SERENOVE CONSTRUCTION
Largest movements
- Receivables within one year +€10,291
up €10,291 (+82.4%), from €12,484 to €22,775
- Profit (loss) carried forward +€7,121
up €7,121 (+76.7%), from €9,284 to €16,405
- Advances received +€5,000
new in 2025: €5,000
- Trade debts -€1,497
down €1,497 (-71.4%), from €2,096 to €599
- Tax, wage and social debts -€401
down €401 (-35.7%), from €1,124 to €723
of which Taxes: -€333
- Turnover +€32,366
up €32,366 (+49.8%), from €64,931 to €97,296
- Purchases and services +€27,649
up €27,649 (+44.9%), from €61,600 to €89,249
- Gross operating margin +€4,717
up €4,717 (+142%), from €3,331 to €8,047
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 | €18,504 | €28,727 | +€10,222 | +55.2% |
| Fixed assets | 21/28 | €230 | - | -€230 | |
| Financial fixed assets | 28 | €230 | - | -€230 | |
| Current assets | 29/58 | €18,274 | €28,727 | +€10,452 | +57.2% |
| Amounts receivable within one year | 40/41 | €12,484 | €22,775 | +€10,291 | +82.4% |
| Other amounts receivable | 41 | €12,484 | €22,775 | +€10,291 | +82.4% |
| Cash at bank and in hand | 54/58 | €5,790 | €5,952 | +€162 | +2.8% |
| Total equity and liabilities | 10/49 | €18,504 | €28,727 | +€10,222 | +55.2% |
| Equity | 10/15 | €15,284 | €22,405 | +€7,121 | +46.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Share premium | 1100/10 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,284 | €16,405 | +€7,121 | +76.7% |
| Amounts payable | 17/49 | €3,220 | €6,322 | +€3,102 | +96.3% |
| Amounts payable within one year | 42/48 | €3,220 | €6,322 | +€3,102 | +96.3% |
| Trade debts | 44 | €2,096 | €599 | -€1,497 | -71.4% |
| Suppliers | 440/4 | €2,096 | €599 | -€1,497 | -71.4% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €1,124 | €723 | -€401 | -35.7% |
| Taxes | 450/3 | €1,056 | €723 | -€333 | -31.5% |
| Remuneration and social security | 454/9 | €68 | - | -€68 | |
| Turnover | 70 | €64,931 | €97,296 | +€32,366 | +49.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €61,600 | €89,249 | +€27,649 | +44.9% |
| Other operating charges | 640/8 | €149 | €252 | +€103 | +69.4% |
| Gross operating margin | 9900 | €3,331 | €8,047 | +€4,717 | +142% |
| Operating profit (loss) | 9901 | €3,182 | €7,795 | +€4,613 | +145% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Non-recurring financial income | 76B | €4 | - | -€4 | |
| Financial charges | 65/66B | €168 | €675 | +€507 | +302% |
| Recurring financial charges | 65 | €168 | €213 | +€46 | +27.1% |
| Non-recurring financial charges | 66B | - | €461 | +€461 | |
| Profit (loss) for the period before taxes | 9903 | €3,018 | €7,121 | +€4,103 | +136% |
| Profit (loss) for the period | 9904 | €3,018 | €7,121 | +€4,103 | +136% |
| Profit (loss) for the period to be appropriated | 9905 | €3,018 | €7,121 | +€4,103 | +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 27 October 2026 via checked.be.