SERMEX 2000: what changed
SERMEX 2000
Largest movements
- Tangible fixed assets +€441,677
up €441,677 (+1,566%), from €28,211 to €469,888
of which Land and buildings: +€327,670
- Cash +€5,124
up €5,124 (+375%), from €1,365 to €6,489
mainly Debts after one year (+€259,183) and Other debts (+€199,873)
- Debts after one year +€259,183
new in 2024: €259,183
- Other debts +€199,873
up €199,873 (+1,122%), from €17,820 to €217,693
- Profit (loss) carried forward -€30,365
down €30,365 (-247%), from -€12,293 to -€42,658
- Trade debts +€12,279
up €12,279 (+9,519%), from €129 to €12,408
- Current portion of long-term debt +€9,300
new in 2024: €9,300
- Gross operating margin -€38,934
down €38,934, from €13,914 to -€25,020
- Purchases and services +€25,020
new in 2024: €25,020
- Other operating charges -€4,324
down €4,324 (-90.0%), from €4,807 to €483
- Financial charges +€606
up €606 (+40.5%), from €1,496 to €2,102
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,601 | €476,377 | +€446,776 | +1,509% |
| Fixed assets | 21/28 | €28,236 | €469,888 | +€441,652 | +1,564% |
| Tangible fixed assets | 22/27 | €28,211 | €469,888 | +€441,677 | +1,566% |
| Land and buildings | 22 | €11,527 | €339,197 | +€327,670 | +2,843% |
| Plant, machinery and equipment | 23 | €16,684 | €110,986 | +€94,302 | +565% |
| Furniture and vehicles | 24 | - | €19,705 | +€19,705 | |
| Financial fixed assets | 28 | €25 | - | -€25 | |
| Current assets | 29/58 | €1,365 | €6,489 | +€5,124 | +375% |
| Cash at bank and in hand | 54/58 | €1,365 | €6,489 | +€5,124 | +375% |
| Total equity and liabilities | 10/49 | €29,601 | €476,377 | +€446,776 | +1,509% |
| Equity | 10/15 | €8,158 | -€22,207 | -€30,365 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,293 | -€42,658 | -€30,365 | -247% |
| Amounts payable | 17/49 | €21,443 | €498,584 | +€477,141 | +2,225% |
| Amounts payable after more than one year | 17 | - | €259,183 | +€259,183 | |
| Financial debts | 170/4 | - | €259,183 | +€259,183 | |
| Amounts payable within one year | 42/48 | €21,443 | €239,401 | +€217,958 | +1,016% |
| Current portion of amounts payable after more than one year | 42 | - | €9,300 | +€9,300 | |
| Trade debts | 44 | €129 | €12,408 | +€12,279 | +9,519% |
| Suppliers | 440/4 | €129 | €12,408 | +€12,279 | +9,519% |
| Taxes, remuneration and social security | 45 | €3,494 | - | -€3,494 | |
| Taxes | 450/3 | €3,494 | - | -€3,494 | |
| Other amounts payable | 47/48 | €17,820 | €217,693 | +€199,873 | +1,122% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €25,020 | +€25,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,761 | €2,760 | -€1 | 0.0% |
| Other operating charges | 640/8 | €4,807 | €483 | -€4,324 | -90.0% |
| Gross operating margin | 9900 | €13,914 | -€25,020 | -€38,934 | |
| Operating profit (loss) | 9901 | €6,346 | -€28,263 | -€34,609 | |
| Financial charges | 65/66B | €1,496 | €2,102 | +€606 | +40.5% |
| Recurring financial charges | 65 | €1,496 | €2,102 | +€606 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €4,850 | -€30,365 | -€35,215 | |
| Profit (loss) for the period | 9904 | €4,850 | -€30,365 | -€35,215 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,850 | -€30,365 | -€35,215 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.