Serrano Consulting: 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.
Serrano Consulting
Largest movements
- Cash +€29,289
up €29,289 (+48.3%), from €60,673 to €89,962
mainly Net result for the year (+€35,560) and Deferred charges and accrued income (+€273)
- Receivables within one year +€6,723
up €6,723 (+62.9%), from €10,688 to €17,411
- Profit (loss) carried forward +€35,560
up €35,560 (+65.9%), from €53,993 to €89,553
- Gross operating margin +€10,707
up €10,707 (+29.4%), from €36,440 to €47,147
- Taxes +€2,798
up €2,798 (+30.7%), from €9,128 to €11,926
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 | €71,634 | €107,373 | +€35,739 | +49.9% |
| Current assets | 29/58 | €71,634 | €107,373 | +€35,739 | +49.9% |
| Amounts receivable within one year | 40/41 | €10,688 | €17,411 | +€6,723 | +62.9% |
| Trade receivables | 40 | €10,688 | €17,411 | +€6,723 | +62.9% |
| Cash at bank and in hand | 54/58 | €60,673 | €89,962 | +€29,289 | +48.3% |
| Deferred charges and accrued income | 490/1 | €273 | - | -€273 | |
| Total equity and liabilities | 10/49 | €71,634 | €107,373 | +€35,739 | +49.9% |
| Equity | 10/15 | €56,993 | €92,553 | +€35,560 | +62.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,993 | €89,553 | +€35,560 | +65.9% |
| Amounts payable | 17/49 | €14,641 | €14,820 | +€179 | +1.2% |
| Amounts payable within one year | 42/48 | €14,641 | €14,820 | +€179 | +1.2% |
| Trade debts | 44 | €318 | €529 | +€210 | +66.1% |
| Suppliers | 440/4 | €318 | €529 | +€210 | +66.1% |
| Taxes, remuneration and social security | 45 | €13,530 | €13,798 | +€268 | +2.0% |
| Taxes | 450/3 | €13,530 | €13,798 | +€268 | +2.0% |
| Other amounts payable | 47/48 | €793 | €493 | -€300 | -37.8% |
| Other operating charges | 640/8 | €150 | - | -€150 | |
| Gross operating margin | 9900 | €36,440 | €47,147 | +€10,707 | +29.4% |
| Operating profit (loss) | 9901 | €36,290 | €47,147 | +€10,857 | +29.9% |
| Financial income | 75/76B | €12 | €382 | +€370 | +3030.4% |
| Recurring financial income | 75 | €12 | €382 | +€370 | +3030.4% |
| Financial charges | 65/66B | €42 | €43 | +€0 | +0.7% |
| Recurring financial charges | 65 | €42 | €43 | +€0 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €36,260 | €47,486 | +€11,226 | +31.0% |
| Income taxes | 67/77 | €9,128 | €11,926 | +€2,798 | +30.7% |
| Profit (loss) for the period | 9904 | €27,132 | €35,560 | +€8,428 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,132 | €35,560 | +€8,428 | +31.1% |
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 10 October 2026 via checked.be.