Sering: 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.
Sering
Largest movements
- Current assets -€39,984
down €39,984 (-18.2%), from €219,671 to €179,687
of which Cash: -€32,072
- Tangible fixed assets -€5,151
down €5,151 (-36.9%), from €13,947 to €8,795
- Profit (loss) carried forward -€31,562
down €31,562 (-15.6%), from €201,943 to €170,381
- Debts -€13,871
down €13,871 (-39.4%), from €35,217 to €21,346
- Gross operating margin -€73,987
down €73,987 (-20.3%), from €363,586 to €289,599
From the 2011 result to the 2012 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €237,160 | €191,727 | -€45,433 | -19.2% |
| Fixed assets | 21/28 | €17,489 | €12,039 | -€5,450 | -31.2% |
| Intangible fixed assets | 21 | €1,742 | €1,444 | -€298 | -17.1% |
| Tangible fixed assets | 22/27 | €13,947 | €8,795 | -€5,151 | -36.9% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €219,671 | €179,687 | -€39,984 | -18.2% |
| Amounts receivable within one year | 40/41 | €40,140 | €32,984 | -€7,156 | -17.8% |
| Cash at bank and in hand | 54/58 | €178,034 | €145,963 | -€32,072 | -18.0% |
| Total equity and liabilities | 10/49 | €237,160 | €191,727 | -€45,433 | -19.2% |
| Equity | 10/15 | €201,943 | €170,381 | -€31,562 | -15.6% |
| Profit (loss) carried forward | 14 | €201,943 | €170,381 | -€31,562 | -15.6% |
| Amounts payable | 17/49 | €35,217 | €21,346 | -€13,871 | -39.4% |
| Amounts payable within one year | 42/48 | €35,217 | €20,446 | -€14,771 | -41.9% |
| Trade debts | 44 | €10,096 | €8,507 | -€1,589 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,723 | €7,084 | +€360 | +5.4% |
| Gross operating margin | 9900 | €363,586 | €289,599 | -€73,987 | -20.3% |
| Operating profit (loss) | 9901 | €21,492 | -€33,111 | -€54,604 | |
| Recurring financial income | 75 | €1,909 | €1,591 | -€318 | -16.7% |
| Recurring financial charges | 65 | €42 | €42 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €23,359 | -€31,562 | -€54,922 | |
| Profit (loss) for the period | 9904 | €23,359 | -€31,562 | -€54,922 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2011 and 31 December 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.