SERI IMMO: 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.
SERI IMMO
Largest movements
- Tangible fixed assets -€7,154
down €7,154 (-3.7%), from €195,064 to €187,910
of which Land and buildings: -€6,938
- Cash +€3,347
up €3,347 (+257.2%), from €1,301 to €4,648
mainly Depreciation (+€9,364) and Other debts (+€2,201)
- Profit (loss) carried forward -€6,017
down €6,017 (-13.2%), from -€45,630 to -€51,647
- Debts after one year -€3,187
down €3,187 (-2.0%), from €157,197 to €154,010
- Other debts +€2,201
up €2,201 (+13.3%), from €16,517 to €18,718
- Depreciation +€4,321
up €4,321 (+85.7%), from €5,043 to €9,364
- Gross operating margin -€3,410
down €3,410 (-24.3%), from €14,032 to €10,622
- Other operating charges -€372
down €372 (-48.2%), from €772 to €400
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 | €198,486 | €193,020 | -€5,466 | -2.8% |
| Fixed assets | 21/28 | €195,064 | €187,910 | -€7,154 | -3.7% |
| Tangible fixed assets | 22/27 | €195,064 | €187,910 | -€7,154 | -3.7% |
| Land and buildings | 22 | €194,829 | €187,891 | -€6,938 | -3.6% |
| Furniture and vehicles | 24 | €236 | €20 | -€216 | -91.7% |
| Current assets | 29/58 | €3,421 | €5,109 | +€1,688 | +49.3% |
| Amounts receivable within one year | 40/41 | €199 | - | -€199 | |
| Trade receivables | 40 | €199 | - | -€199 | |
| Cash at bank and in hand | 54/58 | €1,301 | €4,648 | +€3,347 | +257.2% |
| Deferred charges and accrued income | 490/1 | €1,921 | €462 | -€1,460 | -76.0% |
| Total equity and liabilities | 10/49 | €198,486 | €193,020 | -€5,466 | -2.8% |
| Equity | 10/15 | €14,370 | €8,353 | -€6,017 | -41.9% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,630 | -€51,647 | -€6,017 | -13.2% |
| Amounts payable | 17/49 | €184,116 | €184,667 | +€551 | +0.3% |
| Amounts payable after more than one year | 17 | €157,197 | €154,010 | -€3,187 | -2.0% |
| Financial debts | 170/4 | €157,197 | €154,010 | -€3,187 | -2.0% |
| Amounts payable within one year | 42/48 | €26,318 | €30,127 | +€3,809 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €7,045 | €8,771 | +€1,725 | +24.5% |
| Trade debts | 44 | €2,756 | €2,638 | -€117 | -4.3% |
| Suppliers | 440/4 | €2,756 | €2,638 | -€117 | -4.3% |
| Other amounts payable | 47/48 | €16,517 | €18,718 | +€2,201 | +13.3% |
| Accrued charges and deferred income | 492/3 | €601 | €530 | -€71 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,043 | €9,364 | +€4,321 | +85.7% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €14,032 | €10,622 | -€3,410 | -24.3% |
| Operating profit (loss) | 9901 | €8,217 | €858 | -€7,359 | -89.6% |
| Financial charges | 65/66B | €6,793 | €6,875 | +€82 | +1.2% |
| Recurring financial charges | 65 | €6,793 | €6,875 | +€82 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €1,424 | -€6,017 | -€7,441 | |
| Profit (loss) for the period | 9904 | €1,424 | -€6,017 | -€7,441 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,424 | -€6,017 | -€7,441 |
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 10 October 2026 via checked.be.