SERIN-BE: 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.
SERIN-BE
Largest movements
- Cash +€125,328
up €125,328 (+401.3%), from €31,233 to €156,560
mainly Net result for the year (+€137,784) and Other debts (+€114,000)
- Other debts +€114,000
up €114,000 (+456.0%), from €25,000 to €139,000
- Tax, wage and social debts +€13,761
new in 2025: €13,761
- Gross operating margin +€152,204
up €152,204 (+481.8%), from €31,588 to €183,792
- Taxes +€38,081
up €38,081 (+482.9%), from €7,886 to €45,967
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 | €32,347 | €158,896 | +€126,550 | +391.2% |
| Current assets | 29/58 | €32,347 | €158,896 | +€126,550 | +391.2% |
| Amounts receivable within one year | 40/41 | €1,114 | €2,336 | +€1,222 | +109.7% |
| Other amounts receivable | 41 | €1,114 | €2,336 | +€1,222 | +109.7% |
| Cash at bank and in hand | 54/58 | €31,233 | €156,560 | +€125,328 | +401.3% |
| Total equity and liabilities | 10/49 | €32,347 | €158,896 | +€126,550 | +391.2% |
| Equity | 10/15 | €7,198 | €5,982 | -€1,216 | -16.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,198 | €982 | -€1,216 | -55.3% |
| Amounts payable | 17/49 | €25,148 | €152,914 | +€127,766 | +508.1% |
| Amounts payable within one year | 42/48 | €25,148 | €152,914 | +€127,766 | +508.1% |
| Trade debts | 44 | €148 | €154 | +€5 | +3.7% |
| Suppliers | 440/4 | €148 | €154 | +€5 | +3.7% |
| Taxes, remuneration and social security | 45 | - | €13,761 | +€13,761 | |
| Taxes | 450/3 | - | €13,761 | +€13,761 | |
| Other amounts payable | 47/48 | €25,000 | €139,000 | +€114,000 | +456.0% |
| Gross operating margin | 9900 | €31,588 | €183,792 | +€152,204 | +481.8% |
| Operating profit (loss) | 9901 | €31,588 | €183,792 | +€152,204 | +481.8% |
| Financial charges | 65/66B | €44 | €42 | -€2 | -5.4% |
| Recurring financial charges | 65 | €44 | €42 | -€2 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €31,544 | €183,750 | +€152,206 | +482.5% |
| Income taxes | 67/77 | €7,886 | €45,967 | +€38,081 | +482.9% |
| Profit (loss) for the period | 9904 | €23,658 | €137,784 | +€114,126 | +482.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,658 | €137,784 | +€114,126 | +482.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.