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SERIAL IMMO: 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.

What changed

SERIAL IMMO

BE 0466.444.987
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€5,468
2023 · -€29,874+€24,406
Equity
-€1.6m
2023 · -€1.6m-€5,468
Cash
€143
2023 · €40+€103
Balance sheet total
€7.7m
2023 · €7.7m+€103

Largest movements

2023 to 2024
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities

    No liability line moved by more than 1% of the balance sheet total.

      Income statement
      • Other operating charges -€36,528

        down €36,528 (-76.3%), from €47,889 to €11,361

      • Gross operating margin -€12,188

        down €12,188 (-66.7%), from €18,281 to €6,094

      From the 2023 result to the 2024 result

      effect on the 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.

      Result 2023 -€29,874
      Gross operating margin -€12,188
      Other operating charges +€36,528
      Financial charges +€66
      Result 2024 -€5,468

      Cash bridge derived

      cash 2023 to 2024

      Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

      From operations +€103
      Investment €0
      Financing €0
      Cash 2023 €40
      Net result for the year -€5,468
      Trade debts +€8,670
      Other debts -€3,099
      Cash 2024 €143
      Every line side by side 38 lines
      Line Code 2023 2024 Change %
      Total assets 20/58 €7,734,233 €7,734,336 +€103 0.0%
      Fixed assets 21/28 €1,619,852 €1,619,852 = 0.0%
      Tangible fixed assets 22/27 €1,619,852 €1,619,852 = 0.0%
      Land and buildings 22 €903,902 €903,902 = 0.0%
      Plant, machinery and equipment 23 €715,950 €715,950 = 0.0%
      Current assets 29/58 €6,114,381 €6,114,484 +€103 0.0%
      Stocks and contracts in progress 3 €49,313 €49,313 = 0.0%
      Stocks 30/36 €49,313 €49,313 = 0.0%
      Amounts receivable within one year 40/41 €6,065,028 €6,065,028 = 0.0%
      Trade receivables 40 €208,108 €208,108 = 0.0%
      Other amounts receivable 41 €5,856,920 €5,856,920 = 0.0%
      Cash at bank and in hand 54/58 €40 €143 +€103 +259.9%
      Total equity and liabilities 10/49 €7,734,233 €7,734,336 +€103 0.0%
      Equity 10/15 -€1,575,365 -€1,580,832 -€5,468 -0.3%
      Contributions 10/11 €62,000 €62,000 = 0.0%
      Capital 10 €62,000 €62,000 = 0.0%
      Issued capital 100 €62,000 €62,000 = 0.0%
      Profit (loss) carried forward 14 -€1,637,365 -€1,642,832 -€5,468 -0.3%
      Amounts payable 17/49 €9,309,597 €9,315,168 +€5,571 +0.1%
      Amounts payable after more than one year 17 €1,149,149 €1,149,149 = 0.0%
      Financial debts 170/4 €1,080,000 €1,080,000 = 0.0%
      Other amounts payable 178/9 €69,149 €69,149 = 0.0%
      Amounts payable within one year 42/48 €8,160,448 €8,166,019 +€5,571 +0.1%
      Trade debts 44 €129,018 €137,688 +€8,670 +6.7%
      Suppliers 440/4 €129,018 €137,688 +€8,670 +6.7%
      Taxes, remuneration and social security 45 €5,226,888 €5,226,888 = 0.0%
      Taxes 450/3 €5,226,538 €5,226,538 = 0.0%
      Remuneration and social security 454/9 €350 €350 = 0.0%
      Other amounts payable 47/48 €2,804,541 €2,801,443 -€3,099 -0.1%
      Other operating charges 640/8 €47,889 €11,361 -€36,528 -76.3%
      Gross operating margin 9900 €18,281 €6,094 -€12,188 -66.7%
      Operating profit (loss) 9901 -€29,608 -€5,268 +€24,340 +82.2%
      Financial charges 65/66B €266 €200 -€66 -24.8%
      Recurring financial charges 65 €266 €35 -€231 -86.8%
      Non-recurring financial charges 66B - €165 +€165
      Profit (loss) for the period before taxes 9903 -€29,874 -€5,468 +€24,406 +81.7%
      Profit (loss) for the period 9904 -€29,874 -€5,468 +€24,406 +81.7%
      Profit (loss) for the period to be appropriated 9905 -€29,874 -€5,468 +€24,406 +81.7%

      Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.