SERROU TECHNICS SYSTEMS: 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.
SERROU TECHNICS SYSTEMS
Largest movements
- Receivables within one year -€41,963
down €41,963 (-78.4%), from €53,503 to €11,541
of which Other amounts receivable: -€28,372
- Cash +€3,326
up €3,326 (+7.1%), from €46,833 to €50,158
mainly Receivables within one year (+€41,963) and Deferred charges and accrued income (+€2,722)
- Deferred charges and accrued income -€2,722
down €2,722 (-100.0%), from €2,722 to €0
- Other debts -€32,000
down €32,000 (-100.0%), from €32,000 to €0
- Tax, wage and social debts -€11,331
down €11,331 (-64.7%), from €17,509 to €6,178
of which Taxes: -€8,731
- Gross operating margin -€18,572
down €18,572 (-89.7%), from €20,696 to €2,124
- Taxes -€1,933
down €1,933 (-80.7%), from €2,395 to €462
- Financial income +€503
up €503 (+17348.3%), from €3 to €506
- Financial charges -€264
down €264 (-55.3%), from €477 to €214
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 | €104,610 | €62,693 | -€41,917 | -40.1% |
| Fixed assets | 21/28 | €1,551 | €994 | -€558 | -35.9% |
| Tangible fixed assets | 22/27 | €1,551 | €994 | -€558 | -35.9% |
| Plant, machinery and equipment | 23 | €1,136 | €758 | -€379 | -33.3% |
| Furniture and vehicles | 24 | €415 | €236 | -€179 | -43.1% |
| Current assets | 29/58 | €103,058 | €61,699 | -€41,359 | -40.1% |
| Amounts receivable within one year | 40/41 | €53,503 | €11,541 | -€41,963 | -78.4% |
| Trade receivables | 40 | €17,046 | €3,456 | -€13,590 | -79.7% |
| Other amounts receivable | 41 | €36,457 | €8,085 | -€28,372 | -77.8% |
| Cash at bank and in hand | 54/58 | €46,833 | €50,158 | +€3,326 | +7.1% |
| Deferred charges and accrued income | 490/1 | €2,722 | €0 | -€2,722 | -100.0% |
| Total equity and liabilities | 10/49 | €104,610 | €62,693 | -€41,917 | -40.1% |
| Equity | 10/15 | €53,061 | €53,756 | +€695 | +1.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,750 | +€750 | +1.5% |
| Distributable reserves | 133 | €50,000 | €50,750 | +€750 | +1.5% |
| Profit (loss) carried forward | 14 | €61 | €6 | -€55 | -89.8% |
| Amounts payable | 17/49 | €51,549 | €8,936 | -€42,612 | -82.7% |
| Amounts payable within one year | 42/48 | €51,549 | €8,936 | -€42,612 | -82.7% |
| Trade debts | 44 | €2,040 | €1,866 | -€174 | -8.5% |
| Suppliers | 440/4 | €2,040 | €1,866 | -€174 | -8.5% |
| Advances received on contracts in progress | 46 | - | €893 | +€893 | |
| Taxes, remuneration and social security | 45 | €17,509 | €6,178 | -€11,331 | -64.7% |
| Taxes | 450/3 | €14,909 | €6,178 | -€8,731 | -58.6% |
| Remuneration and social security | 454/9 | €2,600 | €0 | -€2,600 | -100.0% |
| Other amounts payable | 47/48 | €32,000 | €0 | -€32,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €558 | +€57 | +11.4% |
| Other operating charges | 640/8 | €680 | €701 | +€21 | +3.1% |
| Gross operating margin | 9900 | €20,696 | €2,124 | -€18,572 | -89.7% |
| Operating profit (loss) | 9901 | €19,516 | €865 | -€18,650 | -95.6% |
| Financial income | 75/76B | €3 | €506 | +€503 | +17348.3% |
| Recurring financial income | 75 | €3 | €506 | +€503 | +17348.3% |
| Financial charges | 65/66B | €477 | €214 | -€264 | -55.3% |
| Recurring financial charges | 65 | €477 | €214 | -€264 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €19,041 | €1,158 | -€17,883 | -93.9% |
| Income taxes | 67/77 | €2,395 | €462 | -€1,933 | -80.7% |
| Profit (loss) for the period | 9904 | €16,646 | €695 | -€15,951 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,646 | €695 | -€15,951 | -95.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.