SERY: 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.
SERY
Largest movements
- Cash -€4,137
down €4,137 (-94.2%), from €4,392 to €255
mainly Net result for the year (-€3,853) and Other debts (-€2,147)
- Profit (loss) carried forward -€3,853
down €3,853 (-13.3%), from -€28,956 to -€32,810
- Trade debts +€2,236
up €2,236 (+338%), from €662 to €2,898
- Other debts -€2,147
down €2,147 (-7.8%), from €27,390 to €25,243
- Tax, wage and social debts -€411
down €411 (-94.8%), from €433 to €23
- Gross operating margin -€8,021
down €8,021, from €5,395 to -€2,625
- Other operating charges +€706
up €706 (+383%), from €185 to €891
- Financial charges +€138
up €138 (+69.2%), from €199 to €337
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 | €4,529 | €354 | -€4,175 | -92.2% |
| Current assets | 29/58 | €4,529 | €354 | -€4,175 | -92.2% |
| Amounts receivable within one year | 40/41 | €137 | €98 | -€38 | -27.9% |
| Other amounts receivable | 41 | €137 | €98 | -€38 | -27.9% |
| Cash at bank and in hand | 54/58 | €4,392 | €255 | -€4,137 | -94.2% |
| Total equity and liabilities | 10/49 | €4,529 | €354 | -€4,175 | -92.2% |
| Equity | 10/15 | -€23,956 | -€27,810 | -€3,853 | -16.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,956 | -€32,810 | -€3,853 | -13.3% |
| Amounts payable | 17/49 | €28,485 | €28,163 | -€322 | -1.1% |
| Amounts payable within one year | 42/48 | €28,485 | €28,163 | -€322 | -1.1% |
| Trade debts | 44 | €662 | €2,898 | +€2,236 | +338% |
| Suppliers | 440/4 | €662 | €2,898 | +€2,236 | +338% |
| Taxes, remuneration and social security | 45 | €433 | €23 | -€411 | -94.8% |
| Taxes | 450/3 | €433 | €23 | -€411 | -94.8% |
| Other amounts payable | 47/48 | €27,390 | €25,243 | -€2,147 | -7.8% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €185 | €891 | +€706 | +383% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €5,395 | -€2,625 | -€8,021 | |
| Operating profit (loss) | 9901 | €5,211 | -€3,516 | -€8,727 | |
| Financial charges | 65/66B | €199 | €337 | +€138 | +69.2% |
| Recurring financial charges | 65 | €199 | €337 | +€138 | +69.2% |
| Profit (loss) for the period before taxes | 9903 | €5,012 | -€3,853 | -€8,865 | |
| Profit (loss) for the period | 9904 | €5,012 | -€3,853 | -€8,865 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,012 | -€3,853 | -€8,865 |
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 13 October 2026 via checked.be.