SERNA GROUP: 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.
SERNA GROUP
Largest movements
- Cash -€231,145
down €231,145 (-99.5%), from €232,399 to €1,254
mainly Investment in fixed assets (net) (-€190,972) and Receivables within one year (-€62,972)
- Intangible fixed assets +€170,979
new in 2023: €170,979
- Receivables within one year +€62,972
up €62,972 (+1262.7%), from €4,987 to €67,959
of which Trade receivables: +€50,039
- Stocks and contracts +€41,437
new in 2023: €41,437
- Trade debts +€19,818
up €19,818 (+1321.2%), from €1,500 to €21,318
- Other debts +€12,228
up €12,228 (+3217.9%), from €380 to €12,608
- Profit (loss) carried forward +€9,836
up €9,836, from -€9,036 to €800
- Tax, wage and social debts +€4,739
new in 2023: €4,739
- Gross operating margin +€43,151
up €43,151, from -€6,630 to €36,521
- Depreciation +€17,688
new in 2023: €17,688
- Staff costs +€8,663
new in 2023: €8,663
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,844 | €290,465 | +€46,621 | +19.1% |
| Fixed assets | 21/28 | €6,458 | €179,742 | +€173,284 | +2683.2% |
| Intangible fixed assets | 21 | - | €170,979 | +€170,979 | |
| Tangible fixed assets | 22/27 | €6,458 | €8,763 | +€2,305 | +35.7% |
| Plant, machinery and equipment | 23 | €6,458 | €5,812 | -€646 | -10.0% |
| Furniture and vehicles | 24 | - | €2,951 | +€2,951 | |
| Current assets | 29/58 | €237,386 | €110,723 | -€126,663 | -53.4% |
| Stocks and contracts in progress | 3 | - | €41,437 | +€41,437 | |
| Stocks | 30/36 | - | €41,437 | +€41,437 | |
| Amounts receivable within one year | 40/41 | €4,987 | €67,959 | +€62,972 | +1262.7% |
| Trade receivables | 40 | €3,457 | €53,496 | +€50,039 | +1447.5% |
| Other amounts receivable | 41 | €1,530 | €14,463 | +€12,933 | +845.3% |
| Cash at bank and in hand | 54/58 | €232,399 | €1,254 | -€231,145 | -99.5% |
| Deferred charges and accrued income | 490/1 | - | €73 | +€73 | |
| Total equity and liabilities | 10/49 | €243,844 | €290,465 | +€46,621 | +19.1% |
| Equity | 10/15 | €241,464 | €251,300 | +€9,836 | +4.1% |
| Contributions | 10/11 | €250,500 | €250,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,036 | €800 | +€9,836 | |
| Amounts payable | 17/49 | €2,380 | €39,165 | +€36,785 | +1545.6% |
| Amounts payable within one year | 42/48 | €2,380 | €39,165 | +€36,785 | +1545.6% |
| Trade debts | 44 | €1,500 | €21,318 | +€19,818 | +1321.2% |
| Suppliers | 440/4 | €1,500 | €21,318 | +€19,818 | +1321.2% |
| Advances received on contracts in progress | 46 | €500 | €500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €4,739 | +€4,739 | |
| Remuneration and social security | 454/9 | - | €4,739 | +€4,739 | |
| Other amounts payable | 47/48 | €380 | €12,608 | +€12,228 | +3217.9% |
| Remuneration, social security and pensions | 62 | - | €8,663 | +€8,663 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €17,688 | +€17,688 | |
| Gross operating margin | 9900 | -€6,630 | €36,521 | +€43,151 | |
| Operating profit (loss) | 9901 | -€6,630 | €10,170 | +€16,800 | |
| Financial charges | 65/66B | €595 | €334 | -€261 | -43.9% |
| Recurring financial charges | 65 | €595 | €334 | -€261 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,225 | €9,836 | +€17,061 | |
| Profit (loss) for the period | 9904 | -€7,225 | €9,836 | +€17,061 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,225 | €9,836 | +€17,061 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.