SERICO AMENAGEMENTS: what changed
SERICO AMENAGEMENTS
Largest movements
- Tangible fixed assets -€25,055
down €25,055 (-47.2%), from €53,090 to €28,035
of which Furniture and vehicles: -€17,585
- Receivables within one year -€11,568
down €11,568 (-56.3%), from €20,545 to €8,977
of which Trade receivables: -€13,063
- Cash +€4,978
up €4,978 (+82.0%), from €6,074 to €11,052
mainly Depreciation (+€26,194) and Receivables within one year (+€11,568)
- Other debts -€13,011
down €13,011 (-11.2%), from €116,576 to €103,565
- Profit (loss) carried forward -€6,475
down €6,475 (-9.5%), from -€68,506 to -€74,981
- Trade debts -€6,336
down €6,336 (-33.4%), from €18,993 to €12,657
- Debts after one year -€2,812
no longer reported in 2025 (was €2,812)
- Current portion of long-term debt -€2,665
down €2,665 (-48.7%), from €5,476 to €2,812
- Gross operating margin +€27,662
up €27,662, from -€3,768 to €23,894
- Depreciation -€1,153
down €1,153 (-4.2%), from €27,347 to €26,194
- Financial charges -€531
down €531 (-27.8%), from €1,907 to €1,376
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,212 | €49,894 | -€32,317 | -39.3% |
| Fixed assets | 21/28 | €53,090 | €28,035 | -€25,055 | -47.2% |
| Tangible fixed assets | 22/27 | €53,090 | €28,035 | -€25,055 | -47.2% |
| Plant, machinery and equipment | 23 | €12,889 | €5,419 | -€7,471 | -58.0% |
| Furniture and vehicles | 24 | €40,201 | €22,616 | -€17,585 | -43.7% |
| Current assets | 29/58 | €29,121 | €21,859 | -€7,262 | -24.9% |
| Amounts receivable within one year | 40/41 | €20,545 | €8,977 | -€11,568 | -56.3% |
| Trade receivables | 40 | €15,403 | €2,340 | -€13,063 | -84.8% |
| Other amounts receivable | 41 | €5,142 | €6,638 | +€1,495 | +29.1% |
| Cash at bank and in hand | 54/58 | €6,074 | €11,052 | +€4,978 | +82.0% |
| Deferred charges and accrued income | 490/1 | €2,502 | €1,830 | -€672 | -26.9% |
| Total equity and liabilities | 10/49 | €82,212 | €49,894 | -€32,317 | -39.3% |
| Equity | 10/15 | -€63,506 | -€69,981 | -€6,475 | -10.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,506 | -€74,981 | -€6,475 | -9.5% |
| Amounts payable | 17/49 | €145,717 | €119,875 | -€25,842 | -17.7% |
| Amounts payable after more than one year | 17 | €2,812 | - | -€2,812 | |
| Financial debts | 170/4 | €2,812 | - | -€2,812 | |
| Amounts payable within one year | 42/48 | €142,906 | €119,875 | -€23,031 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €5,476 | €2,812 | -€2,665 | -48.7% |
| Trade debts | 44 | €18,993 | €12,657 | -€6,336 | -33.4% |
| Suppliers | 440/4 | €18,993 | €12,657 | -€6,336 | -33.4% |
| Taxes, remuneration and social security | 45 | €1,860 | €842 | -€1,018 | -54.7% |
| Taxes | 450/3 | €660 | €842 | +€182 | +27.5% |
| Remuneration and social security | 454/9 | €1,200 | - | -€1,200 | |
| Other amounts payable | 47/48 | €116,576 | €103,565 | -€13,011 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,347 | €26,194 | -€1,153 | -4.2% |
| Other operating charges | 640/8 | €2,608 | €2,399 | -€209 | -8.0% |
| Gross operating margin | 9900 | -€3,768 | €23,894 | +€27,662 | |
| Operating profit (loss) | 9901 | -€33,723 | -€4,699 | +€29,024 | +86.1% |
| Financial income | 75/76B | €0 | €9 | +€8 | +2,533% |
| Recurring financial income | 75 | €0 | €9 | +€8 | +2,533% |
| Financial charges | 65/66B | €1,907 | €1,376 | -€531 | -27.8% |
| Recurring financial charges | 65 | €1,907 | €1,376 | -€531 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€35,630 | -€6,066 | +€29,563 | +83.0% |
| Income taxes | 67/77 | €433 | €409 | -€24 | -5.5% |
| Profit (loss) for the period | 9904 | -€36,062 | -€6,475 | +€29,587 | +82.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,062 | -€6,475 | +€29,587 | +82.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.