SERINGA: 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.
SERINGA
Largest movements
- Cash +€39,263
up €39,263 (+7356.9%), from €534 to €39,796
mainly Net result for the year (+€96,036) and Trade debts (+€4,429)
- Profit (loss) carried forward +€96,036
up €96,036 (+22.8%), from -€420,432 to -€324,396
- Other debts -€61,202
down €61,202 (-81.2%), from €75,338 to €14,136
- Trade debts +€4,429
up €4,429, from €0 to €4,429
- Financial income +€125,000
new in 2025: €125,000
of which Financial income: +€125,000
- Other operating charges +€8,701
up €8,701 (+627.2%), from €1,387 to €10,089
- Gross operating margin -€7,439
down €7,439 (-66.3%), from -€11,213 to -€18,653
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 | €198,870 | €238,133 | +€39,263 | +19.7% |
| Fixed assets | 21/28 | €198,337 | €198,337 | = | 0.0% |
| Tangible fixed assets | 22/27 | €198,337 | €198,337 | = | 0.0% |
| Land and buildings | 22 | €198,337 | €198,337 | = | 0.0% |
| Current assets | 29/58 | €534 | €39,796 | +€39,263 | +7356.9% |
| Cash at bank and in hand | 54/58 | €534 | €39,796 | +€39,263 | +7356.9% |
| Total equity and liabilities | 10/49 | €198,870 | €238,133 | +€39,263 | +19.7% |
| Equity | 10/15 | €123,532 | €219,568 | +€96,036 | +77.7% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Revaluation surpluses | 12 | €135,000 | €135,000 | = | 0.0% |
| Reserves | 13 | €33,964 | €33,964 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,964 | €33,964 | = | 0.0% |
| Legal reserve | 130 | €33,964 | €33,964 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€420,432 | -€324,396 | +€96,036 | +22.8% |
| Amounts payable | 17/49 | €75,338 | €18,565 | -€56,773 | -75.4% |
| Amounts payable within one year | 42/48 | €75,338 | €18,565 | -€56,773 | -75.4% |
| Trade debts | 44 | €0 | €4,429 | +€4,429 | |
| Suppliers | 440/4 | €0 | €4,429 | +€4,429 | |
| Other amounts payable | 47/48 | €75,338 | €14,136 | -€61,202 | -81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,387 | €10,089 | +€8,701 | +627.2% |
| Gross operating margin | 9900 | -€11,213 | -€18,653 | -€7,439 | -66.3% |
| Operating profit (loss) | 9901 | -€12,601 | -€28,741 | -€16,141 | -128.1% |
| Financial income | 75/76B | - | €125,000 | +€125,000 | |
| Recurring financial income | 75 | - | €125,000 | +€125,000 | |
| Non-recurring financial income | 76B | - | €125,000 | +€125,000 | |
| Financial charges | 65/66B | €161 | €223 | +€62 | +38.5% |
| Recurring financial charges | 65 | €161 | €223 | +€62 | +38.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,762 | €96,036 | +€108,797 | |
| Profit (loss) for the period | 9904 | -€12,762 | €96,036 | +€108,797 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,762 | €96,036 | +€108,797 |
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 28 September 2026 via checked.be.