Sertanks 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.
Sertanks Consulting
Largest movements
- Cash +€25,770
up €25,770 (+172%), from €15,000 to €40,770
mainly Net result for the year (+€25,868) and Tax, wage and social debts (+€9,976)
- Receivables within one year +€6,305
up €6,305 (+70.5%), from €8,941 to €15,246
of which Trade receivables: +€6,488
- Reserves +€36,643
new in 2025: €36,643
- Profit (loss) carried forward -€10,775
no longer reported in 2025 (was €10,775)
- Tax, wage and social debts +€9,976
up €9,976 (+122%), from €8,160 to €18,137
- Trade debts -€3,755
down €3,755 (-94.5%), from €3,974 to €219
- Turnover +€95,413
up €95,413 (+277%), from €34,452 to €129,865
- Gross operating margin +€71,284
up €71,284 (+292%), from €24,450 to €95,734
- Staff costs +€49,117
up €49,117 (+487%), from €10,076 to €59,193
- Purchases and services +€24,129
up €24,129 (+241%), from €10,002 to €34,131
- Taxes +€5,655
up €5,655 (+210%), from €2,694 to €8,349
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 | €26,910 | €59,254 | +€32,344 | +120% |
| Fixed assets | 21/28 | €2,968 | €3,237 | +€269 | +9.1% |
| Tangible fixed assets | 22/27 | €2,968 | €3,237 | +€269 | +9.1% |
| Furniture and vehicles | 24 | €2,968 | €3,237 | +€269 | +9.1% |
| Current assets | 29/58 | €23,942 | €56,016 | +€32,074 | +134% |
| Amounts receivable within one year | 40/41 | €8,941 | €15,246 | +€6,305 | +70.5% |
| Trade receivables | 40 | €8,758 | €15,246 | +€6,488 | +74.1% |
| Other amounts receivable | 41 | €183 | - | -€183 | |
| Cash at bank and in hand | 54/58 | €15,000 | €40,770 | +€25,770 | +172% |
| Total equity and liabilities | 10/49 | €26,910 | €59,254 | +€32,344 | +120% |
| Equity | 10/15 | €14,775 | €40,643 | +€25,868 | +175% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €36,643 | +€36,643 | |
| Distributable reserves | 133 | - | €36,643 | +€36,643 | |
| Profit (loss) carried forward | 14 | €10,775 | - | -€10,775 | |
| Amounts payable | 17/49 | €12,134 | €18,610 | +€6,476 | +53.4% |
| Amounts payable within one year | 42/48 | €12,134 | €18,356 | +€6,221 | +51.3% |
| Trade debts | 44 | €3,974 | €219 | -€3,755 | -94.5% |
| Suppliers | 440/4 | €3,974 | €219 | -€3,755 | -94.5% |
| Taxes, remuneration and social security | 45 | €8,160 | €18,137 | +€9,976 | +122% |
| Taxes | 450/3 | €8,160 | €18,137 | +€9,976 | +122% |
| Accrued charges and deferred income | 492/3 | - | €255 | +€255 | |
| Turnover | 70 | €34,452 | €129,865 | +€95,413 | +277% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,002 | €34,131 | +€24,129 | +241% |
| Remuneration, social security and pensions | 62 | €10,076 | €59,193 | +€49,117 | +487% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | €1,598 | +€1,328 | +492% |
| Other operating charges | 640/8 | €627 | €668 | +€41 | +6.5% |
| Gross operating margin | 9900 | €24,450 | €95,734 | +€71,284 | +292% |
| Operating profit (loss) | 9901 | €13,477 | €34,275 | +€20,798 | +154% |
| Financial charges | 65/66B | €8 | €59 | +€51 | +683% |
| Recurring financial charges | 65 | €8 | €59 | +€51 | +683% |
| Profit (loss) for the period before taxes | 9903 | €13,469 | €34,216 | +€20,747 | +154% |
| Income taxes | 67/77 | €2,694 | €8,349 | +€5,655 | +210% |
| Profit (loss) for the period | 9904 | €10,775 | €25,868 | +€15,092 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €10,775 | €25,868 | +€15,092 | +140% |
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.