SERONT-FOCANT: 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.
SERONT-FOCANT
Largest movements
- Cash +€130,639
up €130,639 (+119%), from €109,662 to €240,301
mainly Net result for the year (+€117,096) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-25.0%), from €400,000 to €300,000
- Tangible fixed assets -€10,061
down €10,061 (-13.5%), from €74,436 to €64,375
of which Other tangible fixed assets: -€12,714
- Receivables within one year -€8,340
down €8,340 (-81.7%), from €10,207 to €1,867
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€46,062
down €46,062 (-21.5%), from €213,868 to €167,806
- Taxes -€14,990
down €14,990 (-23.8%), from €63,101 to €48,111
- Financial income +€11,801
up €11,801 (+1,971%), from €599 to €12,400
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 | €597,825 | €608,456 | +€10,631 | +1.8% |
| Fixed assets | 21/28 | €75,436 | €65,375 | -€10,061 | -13.3% |
| Tangible fixed assets | 22/27 | €74,436 | €64,375 | -€10,061 | -13.5% |
| Furniture and vehicles | 24 | €190 | €2,844 | +€2,653 | +1,395% |
| Other tangible fixed assets | 26 | €74,246 | €61,531 | -€12,714 | -17.1% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €522,389 | €543,081 | +€20,692 | +4.0% |
| Amounts receivable within one year | 40/41 | €10,207 | €1,867 | -€8,340 | -81.7% |
| Other amounts receivable | 41 | €10,207 | €1,867 | -€8,340 | -81.7% |
| Current investments | 50/53 | €400,000 | €300,000 | -€100,000 | -25.0% |
| Cash at bank and in hand | 54/58 | €109,662 | €240,301 | +€130,639 | +119% |
| Deferred charges and accrued income | 490/1 | €2,519 | €913 | -€1,606 | -63.8% |
| Total equity and liabilities | 10/49 | €597,825 | €608,456 | +€10,631 | +1.8% |
| Equity | 10/15 | €557,783 | €563,160 | +€5,377 | +1.0% |
| Reserves | 13 | €557,783 | €563,160 | +€5,377 | +1.0% |
| Distributable reserves | 133 | €557,783 | €563,160 | +€5,377 | +1.0% |
| Amounts payable | 17/49 | €40,042 | €45,296 | +€5,254 | +13.1% |
| Amounts payable within one year | 42/48 | €40,042 | €45,296 | +€5,254 | +13.1% |
| Trade debts | 44 | €4,441 | €6,645 | +€2,204 | +49.6% |
| Suppliers | 440/4 | €4,441 | €6,645 | +€2,204 | +49.6% |
| Taxes, remuneration and social security | 45 | €35,601 | €38,651 | +€3,050 | +8.6% |
| Taxes | 450/3 | €35,601 | €38,651 | +€3,050 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,422 | €13,363 | +€940 | +7.6% |
| Other operating charges | 640/8 | €1,514 | €1,035 | -€479 | -31.6% |
| Gross operating margin | 9900 | €213,868 | €167,806 | -€46,062 | -21.5% |
| Operating profit (loss) | 9901 | €199,932 | €153,408 | -€46,523 | -23.3% |
| Financial income | 75/76B | €599 | €12,400 | +€11,801 | +1,971% |
| Recurring financial income | 75 | €599 | €12,400 | +€11,801 | +1,971% |
| Financial charges | 65/66B | €580 | €601 | +€21 | +3.7% |
| Recurring financial charges | 65 | €580 | €601 | +€21 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €199,950 | €165,207 | -€34,743 | -17.4% |
| Income taxes | 67/77 | €63,101 | €48,111 | -€14,990 | -23.8% |
| Profit (loss) for the period | 9904 | €136,849 | €117,096 | -€19,753 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €136,849 | €117,096 | -€19,753 | -14.4% |
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 24 October 2026 via checked.be.