S.R.C.: 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.
S.R.C.
Largest movements
- Receivables within one year +€17,658
up €17,658 (+157%), from €11,219 to €28,877
- Cash +€6,305
up €6,305 (+13.6%), from €46,277 to €52,582
mainly Net result for the year (+€30,544) and Depreciation (+€2,596)
- Current investments +€2,526
up €2,526 (+3.1%), from €82,772 to €85,298
- Profit (loss) carried forward +€27,944
up €27,944 (+27.2%), from €102,780 to €130,724
- Debts within one year -€2,297
down €2,297 (-14.0%), from €16,376 to €14,079
- Gross operating margin +€10,384
up €10,384 (+29.4%), from €35,297 to €45,681
- Taxes +€3,638
up €3,638 (+45.1%), from €8,068 to €11,706
From the 2007 result to the 2008 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 2007 and 2008 balance sheets and the 2008 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2007 | 2008 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,656 | €171,303 | +€25,647 | +17.6% |
| Fixed assets | 21/28 | €5,388 | €4,482 | -€906 | -16.8% |
| Tangible fixed assets | 22/27 | €5,279 | €4,373 | -€906 | -17.2% |
| Financial fixed assets | 28 | €109 | €109 | = | 0.0% |
| Current assets | 29/58 | €140,268 | €166,821 | +€26,553 | +18.9% |
| Amounts receivable within one year | 40/41 | €11,219 | €28,877 | +€17,658 | +157% |
| Current investments | 50/53 | €82,772 | €85,298 | +€2,526 | +3.1% |
| Cash at bank and in hand | 54/58 | €46,277 | €52,582 | +€6,305 | +13.6% |
| Total equity and liabilities | 10/49 | €145,656 | €171,303 | +€25,647 | +17.6% |
| Equity | 10/15 | €129,280 | €157,224 | +€27,944 | +21.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,780 | €130,724 | +€27,944 | +27.2% |
| Amounts payable | 17/49 | €16,376 | €14,079 | -€2,297 | -14.0% |
| Amounts payable within one year | 42/48 | €16,376 | €14,079 | -€2,297 | -14.0% |
| Trade debts | 44 | €1,353 | €2,435 | +€1,082 | +80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,428 | €2,596 | +€168 | +6.9% |
| Gross operating margin | 9900 | €35,297 | €45,681 | +€10,384 | +29.4% |
| Operating profit (loss) | 9901 | €32,327 | €42,415 | +€10,088 | +31.2% |
| Recurring financial income | 75 | €6,936 | €183 | -€6,753 | -97.4% |
| Recurring financial charges | 65 | €7,389 | €348 | -€7,041 | -95.3% |
| Profit (loss) for the period before taxes | 9903 | €31,874 | €42,250 | +€10,376 | +32.6% |
| Income taxes | 67/77 | €8,068 | €11,706 | +€3,638 | +45.1% |
| Profit (loss) for the period | 9904 | €23,806 | €30,544 | +€6,738 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,806 | €30,544 | +€6,738 | +28.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2007 and 31 December 2008. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.