SERITEX: what changed
Two financial 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.
SERITEX
Largest movements
- Cash -€37,924
down €37,924 (-59.3%), from €63,900 to €25,976
mainly Other debts (-€32,259) and Net result for the year (-€4,686)
- Tangible fixed assets -€1,687
down €1,687 (-23.2%), from €7,276 to €5,589
- Receivables within one year -€1,376
down €1,376 (-6.5%), from €21,113 to €19,737
of which Other amounts receivable: -€2,047
- Other debts -€32,259
down €32,259 (-96.2%), from €33,519 to €1,260
- Profit (loss) carried forward -€4,686
down €4,686 (-49.1%), from €9,536 to €4,850
- Trade debts -€3,045
down €3,045 (-54.8%), from €5,561 to €2,516
- Tax, wage and social debts -€997
down €997 (-8.9%), from €11,222 to €10,225
- Gross operating margin -€21,938
down €21,938 (-94.4%), from €23,236 to €1,298
- Taxes -€4,697
down €4,697 (-74.7%), from €6,284 to €1,587
- Financial income +€286
up €286 (+636%), from €45 to €331
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.
Derived cash bridge
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 | €92,289 | €51,302 | -€40,987 | -44.4% |
| Fixed assets | 21/28 | €7,276 | €5,589 | -€1,687 | -23.2% |
| Tangible fixed assets | 22/27 | €7,276 | €5,589 | -€1,687 | -23.2% |
| Plant, machinery and equipment | 23 | €7,276 | €5,589 | -€1,687 | -23.2% |
| Current assets | 29/58 | €85,013 | €45,713 | -€39,300 | -46.2% |
| Amounts receivable within one year | 40/41 | €21,113 | €19,737 | -€1,376 | -6.5% |
| Trade receivables | 40 | €19,066 | €19,737 | +€671 | +3.5% |
| Other amounts receivable | 41 | €2,047 | - | -€2,047 | |
| Cash at bank and in hand | 54/58 | €63,900 | €25,976 | -€37,924 | -59.3% |
| Total equity and liabilities | 10/49 | €92,289 | €51,302 | -€40,987 | -44.4% |
| Equity | 10/15 | €41,987 | €37,301 | -€4,686 | -11.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,859 | €13,859 | = | 0.0% |
| Distributable reserves | 133 | €13,859 | €13,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,536 | €4,850 | -€4,686 | -49.1% |
| Amounts payable | 17/49 | €50,302 | €14,001 | -€36,301 | -72.2% |
| Amounts payable within one year | 42/48 | €50,302 | €14,001 | -€36,301 | -72.2% |
| Trade debts | 44 | €5,561 | €2,516 | -€3,045 | -54.8% |
| Suppliers | 440/4 | €5,561 | €2,516 | -€3,045 | -54.8% |
| Taxes, remuneration and social security | 45 | €11,222 | €10,225 | -€997 | -8.9% |
| Taxes | 450/3 | €11,222 | €10,225 | -€997 | -8.9% |
| Other amounts payable | 47/48 | €33,519 | €1,260 | -€32,259 | -96.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,950 | €3,156 | +€206 | +7.0% |
| Other operating charges | 640/8 | €1,434 | €1,281 | -€153 | -10.7% |
| Gross operating margin | 9900 | €23,236 | €1,298 | -€21,938 | -94.4% |
| Operating profit (loss) | 9901 | €18,852 | -€3,139 | -€21,991 | |
| Financial income | 75/76B | €45 | €331 | +€286 | +636% |
| Recurring financial income | 75 | €45 | €331 | +€286 | +636% |
| Financial charges | 65/66B | €373 | €291 | -€82 | -22.0% |
| Recurring financial charges | 65 | €373 | €291 | -€82 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €18,524 | -€3,099 | -€21,623 | |
| Income taxes | 67/77 | €6,284 | €1,587 | -€4,697 | -74.7% |
| Profit (loss) for the period | 9904 | €12,240 | -€4,686 | -€16,926 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,240 | -€4,686 | -€16,926 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.