SERRATIA: what changed
Two fiscal 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.
SERRATIA
Largest movements
- Cash +€44,285
up €44,285 (+49.3%), from €89,914 to €134,199
mainly Net result for the year (+€60,822) and Accrued charges and deferred income (+€1,050)
- Receivables within one year +€2,946
up €2,946 (+112.4%), from €2,620 to €5,566
- Profit (loss) carried forward +€60,822
up €60,822 (+105.6%), from €57,624 to €118,445
- Tax, wage and social debts -€11,547
down €11,547 (-39.7%), from €29,100 to €17,553
- Trade debts -€1,745
down €1,745 (-72.2%), from €2,417 to €672
- Gross operating margin +€6,321
up €6,321 (+8.7%), from €72,264 to €78,585
- Taxes +€2,239
up €2,239 (+15.4%), from €14,553 to €16,792
- Other operating charges +€1,014
new in 2024: €1,014
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,541 | €140,721 | +€47,180 | +50.4% |
| Fixed assets | 21/28 | €1,007 | €646 | -€361 | -35.9% |
| Tangible fixed assets | 22/27 | €1,007 | €646 | -€361 | -35.9% |
| Furniture and vehicles | 24 | €1,007 | €646 | -€361 | -35.9% |
| Current assets | 29/58 | €92,534 | €140,075 | +€47,541 | +51.4% |
| Amounts receivable within one year | 40/41 | €2,620 | €5,566 | +€2,946 | +112.4% |
| Trade receivables | 40 | €2,620 | €5,566 | +€2,946 | +112.4% |
| Cash at bank and in hand | 54/58 | €89,914 | €134,199 | +€44,285 | +49.3% |
| Deferred charges and accrued income | 490/1 | - | €310 | +€310 | |
| Total equity and liabilities | 10/49 | €93,541 | €140,721 | +€47,180 | +50.4% |
| Equity | 10/15 | €60,624 | €121,445 | +€60,822 | +100.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,624 | €118,445 | +€60,822 | +105.6% |
| Amounts payable | 17/49 | €32,917 | €19,275 | -€13,642 | -41.4% |
| Amounts payable within one year | 42/48 | €32,917 | €18,225 | -€14,692 | -44.6% |
| Trade debts | 44 | €2,417 | €672 | -€1,745 | -72.2% |
| Suppliers | 440/4 | €2,417 | €672 | -€1,745 | -72.2% |
| Taxes, remuneration and social security | 45 | €29,100 | €17,553 | -€11,547 | -39.7% |
| Taxes | 450/3 | €29,100 | €17,553 | -€11,547 | -39.7% |
| Other amounts payable | 47/48 | €1,400 | - | -€1,400 | |
| Accrued charges and deferred income | 492/3 | - | €1,050 | +€1,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76 | €361 | +€285 | +374.1% |
| Other operating charges | 640/8 | - | €1,014 | +€1,014 | |
| Gross operating margin | 9900 | €72,264 | €78,585 | +€6,321 | +8.7% |
| Operating profit (loss) | 9901 | €72,188 | €77,210 | +€5,023 | +7.0% |
| Financial income | 75/76B | - | €448 | +€448 | |
| Recurring financial income | 75 | - | €448 | +€448 | |
| Financial charges | 65/66B | €11 | €45 | +€34 | +300.0% |
| Recurring financial charges | 65 | €11 | €45 | +€34 | +300.0% |
| Profit (loss) for the period before taxes | 9903 | €72,176 | €77,614 | +€5,437 | +7.5% |
| Income taxes | 67/77 | €14,553 | €16,792 | +€2,239 | +15.4% |
| Profit (loss) for the period | 9904 | €57,624 | €60,822 | +€3,198 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €57,624 | €60,822 | +€3,198 | +5.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.