Serge PARENT: 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 PARENT
Largest movements
- Tangible fixed assets -€16,765
down €16,765 (-49.7%), from €33,752 to €16,988
of which Furniture and vehicles: -€16,368
- Receivables within one year +€12,012
up €12,012 (+41.1%), from €29,198 to €41,210
of which Trade receivables: +€8,558
- Cash +€6,169
up €6,169 (+729%), from €846 to €7,016
mainly Depreciation (+€16,765) and Net result for the year (+€6,564)
- Debts after one year -€16,660
down €16,660 (-86.0%), from €19,365 to €2,705
- Profit (loss) carried forward +€6,564
up €6,564 (+26.3%), from €24,989 to €31,552
- Tax, wage and social debts +€6,475
up €6,475 (+1,170%), from €553 to €7,028
- Trade debts +€4,959
up €4,959 (+200%), from €2,477 to €7,436
- Taxes +€5,675
up €5,675 (+709%), from €800 to €6,475
- Gross operating margin -€4,524
down €4,524 (-12.2%), from €37,063 to €32,539
- Depreciation -€1,073
down €1,073 (-6.0%), from €17,838 to €16,765
- Other operating charges +€721
up €721 (+76.1%), from €948 to €1,669
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,184 | €87,368 | +€2,184 | +2.6% |
| Fixed assets | 21/28 | €54,252 | €37,488 | -€16,765 | -30.9% |
| Intangible fixed assets | 21 | €12,500 | €12,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €33,752 | €16,988 | -€16,765 | -49.7% |
| Furniture and vehicles | 24 | €32,846 | €16,478 | -€16,368 | -49.8% |
| Other tangible fixed assets | 26 | €906 | €510 | -€397 | -43.8% |
| Financial fixed assets | 28 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €30,932 | €49,881 | +€18,949 | +61.3% |
| Amounts receivable within one year | 40/41 | €29,198 | €41,210 | +€12,012 | +41.1% |
| Trade receivables | 40 | €7,500 | €16,058 | +€8,558 | +114% |
| Other amounts receivable | 41 | €21,698 | €25,152 | +€3,454 | +15.9% |
| Cash at bank and in hand | 54/58 | €846 | €7,016 | +€6,169 | +729% |
| Deferred charges and accrued income | 490/1 | €888 | €1,655 | +€767 | +86.5% |
| Total equity and liabilities | 10/49 | €85,184 | €87,368 | +€2,184 | +2.6% |
| Equity | 10/15 | €45,413 | €51,976 | +€6,564 | +14.5% |
| Contributions | 10/11 | €18,564 | €18,564 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,989 | €31,552 | +€6,564 | +26.3% |
| Amounts payable | 17/49 | €39,771 | €35,392 | -€4,379 | -11.0% |
| Amounts payable after more than one year | 17 | €19,365 | €2,705 | -€16,660 | -86.0% |
| Financial debts | 170/4 | €19,365 | €2,705 | -€16,660 | -86.0% |
| Amounts payable within one year | 42/48 | €19,639 | €31,919 | +€12,281 | +62.5% |
| Current portion of amounts payable after more than one year | 42 | €16,116 | €16,660 | +€544 | +3.4% |
| Trade debts | 44 | €2,477 | €7,436 | +€4,959 | +200% |
| Suppliers | 440/4 | €2,477 | €7,436 | +€4,959 | +200% |
| Taxes, remuneration and social security | 45 | €553 | €7,028 | +€6,475 | +1,170% |
| Taxes | 450/3 | €553 | €7,028 | +€6,475 | +1,170% |
| Other amounts payable | 47/48 | €493 | €795 | +€303 | +61.5% |
| Accrued charges and deferred income | 492/3 | €767 | €767 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,838 | €16,765 | -€1,073 | -6.0% |
| Other operating charges | 640/8 | €948 | €1,669 | +€721 | +76.1% |
| Gross operating margin | 9900 | €37,063 | €32,539 | -€4,524 | -12.2% |
| Operating profit (loss) | 9901 | €18,278 | €14,105 | -€4,172 | -22.8% |
| Financial income | 75/76B | €559 | €675 | +€115 | +20.6% |
| Recurring financial income | 75 | €559 | €675 | +€115 | +20.6% |
| Financial charges | 65/66B | €2,047 | €1,741 | -€305 | -14.9% |
| Recurring financial charges | 65 | €1,903 | €1,031 | -€872 | -45.8% |
| Non-recurring financial charges | 66B | €144 | €711 | +€567 | +393% |
| Profit (loss) for the period before taxes | 9903 | €16,790 | €13,039 | -€3,752 | -22.3% |
| Income taxes | 67/77 | €800 | €6,475 | +€5,675 | +709% |
| Profit (loss) for the period | 9904 | €15,990 | €6,564 | -€9,427 | -59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,990 | €6,564 | -€9,427 | -59.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.