S.R.I.B..: 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.I.B..
Largest movements
- Cash +€192,724
up €192,724 (+63.7%), from €302,624 to €495,347
mainly Net result for the year (+€114,621) and Other debts (+€93,346)
- Current investments +€11,980
up €11,980 (+8.2%), from €145,561 to €157,542
- Receivables within one year -€8,142
down €8,142 (-12.8%), from €63,659 to €55,517
of which Trade receivables: -€15,901
- Other debts +€93,346
up €93,346 (+5,643%), from €1,654 to €95,000
- Trade debts +€70,436
up €70,436 (+135%), from €52,241 to €122,677
- Tax, wage and social debts +€31,760
up €31,760 (+580%), from €5,475 to €37,235
- Current portion of long-term debt -€15,944
down €15,944 (-74.8%), from €21,312 to €5,368
- Reserves +€10,000
up €10,000 (+4.7%), from €213,360 to €223,360
- Write-downs -€146,620
down €146,620, from €73,310 to -€73,310
- Other operating charges +€97,720
up €97,720 (+370,855%), from €26 to €97,747
- Gross operating margin +€69,000
up €69,000 (+41.3%), from €167,030 to €236,030
- Taxes +€38,002
up €38,002 (+367%), from €10,348 to €48,351
- Financial charges +€6,340
up €6,340 (+15.7%), from €40,471 to €46,810
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €531,335 | €720,383 | +€189,048 | +35.6% |
| Fixed assets | 21/28 | €16,431 | €10,680 | -€5,751 | -35.0% |
| Tangible fixed assets | 22/27 | €4,651 | €2,218 | -€2,433 | -52.3% |
| Plant, machinery and equipment | 23 | €1,500 | €1,127 | -€373 | -24.9% |
| Furniture and vehicles | 24 | €3,150 | €1,091 | -€2,060 | -65.4% |
| Financial fixed assets | 28 | €11,781 | €8,463 | -€3,318 | -28.2% |
| Current assets | 29/58 | €514,904 | €709,703 | +€194,799 | +37.8% |
| Amounts receivable within one year | 40/41 | €63,659 | €55,517 | -€8,142 | -12.8% |
| Trade receivables | 40 | €58,335 | €42,433 | -€15,901 | -27.3% |
| Other amounts receivable | 41 | €5,324 | €13,084 | +€7,760 | +146% |
| Current investments | 50/53 | €145,561 | €157,542 | +€11,980 | +8.2% |
| Cash at bank and in hand | 54/58 | €302,624 | €495,347 | +€192,724 | +63.7% |
| Deferred charges and accrued income | 490/1 | €3,060 | €1,297 | -€1,763 | -57.6% |
| Total equity and liabilities | 10/49 | €531,335 | €720,383 | +€189,048 | +35.6% |
| Equity | 10/15 | €443,492 | €458,114 | +€14,621 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €213,360 | €223,360 | +€10,000 | +4.7% |
| Distributable reserves | 133 | €213,360 | €223,360 | +€10,000 | +4.7% |
| Profit (loss) carried forward | 14 | €211,532 | €216,154 | +€4,621 | +2.2% |
| Amounts payable | 17/49 | €87,843 | €262,270 | +€174,427 | +199% |
| Amounts payable after more than one year | 17 | €5,368 | €0 | -€5,368 | -100% |
| Financial debts | 170/4 | €5,368 | €0 | -€5,368 | -100% |
| Amounts payable within one year | 42/48 | €80,682 | €260,280 | +€179,598 | +223% |
| Current portion of amounts payable after more than one year | 42 | €21,312 | €5,368 | -€15,944 | -74.8% |
| Trade debts | 44 | €52,241 | €122,677 | +€70,436 | +135% |
| Suppliers | 440/4 | €52,241 | €122,677 | +€70,436 | +135% |
| Taxes, remuneration and social security | 45 | €5,475 | €37,235 | +€31,760 | +580% |
| Taxes | 450/3 | €5,475 | €37,235 | +€31,760 | +580% |
| Other amounts payable | 47/48 | €1,654 | €95,000 | +€93,346 | +5,643% |
| Accrued charges and deferred income | 492/3 | €1,793 | €1,990 | +€197 | +11.0% |
| Non-recurring operating income | 76A | - | €5,830 | +€5,830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,178 | €2,433 | -€5,744 | -70.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €73,310 | -€73,310 | -€146,620 | |
| Other operating charges | 640/8 | €26 | €97,747 | +€97,720 | +370,855% |
| Non-recurring operating charges | 66A | - | €3,318 | +€3,318 | |
| Gross operating margin | 9900 | €167,030 | €236,030 | +€69,000 | +41.3% |
| Operating profit (loss) | 9901 | €85,517 | €205,842 | +€120,326 | +141% |
| Financial income | 75/76B | €4,582 | €3,940 | -€642 | -14.0% |
| Recurring financial income | 75 | €4,582 | €3,940 | -€642 | -14.0% |
| Financial charges | 65/66B | €40,471 | €46,810 | +€6,340 | +15.7% |
| Recurring financial charges | 65 | €40,471 | €46,810 | +€6,340 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €49,628 | €162,972 | +€113,344 | +228% |
| Income taxes | 67/77 | €10,348 | €48,351 | +€38,002 | +367% |
| Profit (loss) for the period | 9904 | €39,280 | €114,621 | +€75,341 | +192% |
| Profit (loss) for the period to be appropriated | 9905 | €39,280 | €114,621 | +€75,341 | +192% |
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 30 October 2026 via checked.be.