Serenum: 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.
Serenum
Largest movements
- Cash -€41,354
down €41,354 (-77.4%), from €53,439 to €12,085
mainly Other debts (-€35,702) and Contributions, distributions and other (-€5,300)
- Other debts -€35,702
down €35,702 (-86.6%), from €41,238 to €5,536
- Profit (loss) carried forward -€7,545
down €7,545 (-59.8%), from €12,627 to €5,082
- Trade debts +€1,492
new in 2025: €1,492
- Depreciation -€91
down €91 (-17.5%), from €517 to €427
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 | €55,366 | €13,611 | -€41,755 | -75.4% |
| Fixed assets | 21/28 | €1,927 | €1,500 | -€427 | -22.1% |
| Tangible fixed assets | 22/27 | €427 | - | -€427 | |
| Plant, machinery and equipment | 23 | €427 | - | -€427 | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €53,439 | €12,111 | -€41,328 | -77.3% |
| Amounts receivable within one year | 40/41 | - | €25 | +€25 | |
| Other amounts receivable | 41 | - | €25 | +€25 | |
| Cash at bank and in hand | 54/58 | €53,439 | €12,085 | -€41,354 | -77.4% |
| Total equity and liabilities | 10/49 | €55,366 | €13,611 | -€41,755 | -75.4% |
| Equity | 10/15 | €14,127 | €6,582 | -€7,545 | -53.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,627 | €5,082 | -€7,545 | -59.8% |
| Amounts payable | 17/49 | €41,238 | €7,028 | -€34,210 | -83.0% |
| Amounts payable within one year | 42/48 | €41,238 | €7,028 | -€34,210 | -83.0% |
| Trade debts | 44 | - | €1,492 | +€1,492 | |
| Suppliers | 440/4 | - | €1,492 | +€1,492 | |
| Other amounts payable | 47/48 | €41,238 | €5,536 | -€35,702 | -86.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €517 | €427 | -€91 | -17.5% |
| Other operating charges | 640/8 | €448 | €453 | +€5 | +1.1% |
| Gross operating margin | 9900 | -€1,213 | -€1,225 | -€12 | -1.0% |
| Operating profit (loss) | 9901 | -€2,178 | -€2,105 | +€74 | +3.4% |
| Financial charges | 65/66B | €150 | €141 | -€10 | -6.5% |
| Recurring financial charges | 65 | €150 | €141 | -€10 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,329 | -€2,245 | +€83 | +3.6% |
| Profit (loss) for the period | 9904 | -€2,329 | -€2,245 | +€83 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,329 | -€2,245 | +€83 | +3.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.