Serge Lens: 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.
Serge Lens
Largest movements
- Receivables within one year +€55,837
up €55,837 (+41.8%), from €133,637 to €189,473
of which Other amounts receivable: +€39,293
- Cash +€38,551
up €38,551 (+1,379%), from €2,796 to €41,348
mainly Net result for the year (+€60,332) and Tax, wage and social debts (+€31,175)
- Reserves +€60,332
up €60,332 (+58.1%), from €103,764 to €164,096
of which Distributable reserves: +€60,332
- Tax, wage and social debts +€31,175
up €31,175 (+237%), from €13,160 to €44,335
- Trade debts +€4,861
up €4,861 (+199%), from €2,443 to €7,304
- Gross operating margin +€41,460
up €41,460 (+108%), from €38,529 to €79,989
- Taxes +€13,122
up €13,122 (+108%), from €12,123 to €25,246
- Financial income +€1,641
up €1,641 (+30.6%), from €5,357 to €6,998
- Other operating charges -€1,610
down €1,610 (-77.6%), from €2,075 to €465
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 | €140,267 | €234,655 | +€94,388 | +67.3% |
| Fixed assets | 21/28 | €3,834 | €3,834 | = | 0.0% |
| Financial fixed assets | 28 | €3,834 | €3,834 | = | 0.0% |
| Current assets | 29/58 | €136,433 | €230,821 | +€94,388 | +69.2% |
| Amounts receivable within one year | 40/41 | €133,637 | €189,473 | +€55,837 | +41.8% |
| Trade receivables | 40 | €24,200 | €40,744 | +€16,544 | +68.4% |
| Other amounts receivable | 41 | €109,437 | €148,729 | +€39,293 | +35.9% |
| Cash at bank and in hand | 54/58 | €2,796 | €41,348 | +€38,551 | +1,379% |
| Total equity and liabilities | 10/49 | €140,267 | €234,655 | +€94,388 | +67.3% |
| Equity | 10/15 | €116,164 | €176,496 | +€60,332 | +51.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €103,764 | €164,096 | +€60,332 | +58.1% |
| 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 | €101,904 | €162,236 | +€60,332 | +59.2% |
| Amounts payable | 17/49 | €24,103 | €58,159 | +€34,056 | +141% |
| Amounts payable within one year | 42/48 | €24,103 | €58,159 | +€34,056 | +141% |
| Trade debts | 44 | €2,443 | €7,304 | +€4,861 | +199% |
| Suppliers | 440/4 | €2,443 | €7,304 | +€4,861 | +199% |
| Taxes, remuneration and social security | 45 | €13,160 | €44,335 | +€31,175 | +237% |
| Taxes | 450/3 | €13,160 | €44,335 | +€31,175 | +237% |
| Other amounts payable | 47/48 | €8,500 | €6,520 | -€1,980 | -23.3% |
| Other operating charges | 640/8 | €2,075 | €465 | -€1,610 | -77.6% |
| Gross operating margin | 9900 | €38,529 | €79,989 | +€41,460 | +108% |
| Operating profit (loss) | 9901 | €36,454 | €79,523 | +€43,070 | +118% |
| Financial income | 75/76B | €5,357 | €6,998 | +€1,641 | +30.6% |
| Recurring financial income | 75 | €5,357 | €6,998 | +€1,641 | +30.6% |
| Financial charges | 65/66B | €1,403 | €944 | -€459 | -32.7% |
| Recurring financial charges | 65 | €1,403 | €944 | -€459 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €40,408 | €85,578 | +€45,170 | +112% |
| Income taxes | 67/77 | €12,123 | €25,246 | +€13,122 | +108% |
| Profit (loss) for the period | 9904 | €28,284 | €60,332 | +€32,047 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €28,284 | €60,332 | +€32,047 | +113% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.