S&R Trading: what changed
S&R Trading
Largest movements
- Receivables within one year +€45,768
up €45,768 (+1,452%), from €3,151 to €48,919
of which Trade receivables: +€47,680
- Cash -€8,158
down €8,158 (-39.8%), from €20,472 to €12,314
mainly Receivables within one year (-€45,768) and Contributions, distributions and other (-€15,000)
- Profit (loss) carried forward +€23,536
up €23,536 (+216%), from €10,917 to €34,453
- Other debts +€11,535
up €11,535 (+329%), from €3,506 to €15,040
- Tax, wage and social debts +€2,250
new in 2025: €2,250
- Turnover +€59,612
up €59,612 (+156%), from €38,284 to €97,896
- Gross operating margin +€36,409
up €36,409 (+859%), from €4,237 to €40,646
- Purchases and services +€23,203
up €23,203 (+68.2%), from €34,047 to €57,251
- Taxes +€1,418
new in 2025: €1,418
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,623 | €61,232 | +€37,610 | +159% |
| Current assets | 29/58 | €23,623 | €61,232 | +€37,610 | +159% |
| Amounts receivable within one year | 40/41 | €3,151 | €48,919 | +€45,768 | +1,452% |
| Trade receivables | 40 | €100 | €47,780 | +€47,680 | +47,680% |
| Other amounts receivable | 41 | €3,051 | €1,139 | -€1,912 | -62.7% |
| Cash at bank and in hand | 54/58 | €20,472 | €12,314 | -€8,158 | -39.8% |
| Total equity and liabilities | 10/49 | €23,623 | €61,232 | +€37,610 | +159% |
| Equity | 10/15 | €18,977 | €42,513 | +€23,536 | +124% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €10,917 | €34,453 | +€23,536 | +216% |
| Amounts payable | 17/49 | €4,645 | €18,719 | +€14,074 | +303% |
| Amounts payable within one year | 42/48 | €4,645 | €18,719 | +€14,074 | +303% |
| Trade debts | 44 | €1,140 | €1,429 | +€289 | +25.4% |
| Suppliers | 440/4 | €1,140 | €1,429 | +€289 | +25.4% |
| Taxes, remuneration and social security | 45 | - | €2,250 | +€2,250 | |
| Taxes | 450/3 | - | €2,250 | +€2,250 | |
| Other amounts payable | 47/48 | €3,506 | €15,040 | +€11,535 | +329% |
| Turnover | 70 | €38,284 | €97,896 | +€59,612 | +156% |
| Goods, raw materials, services and sundry goods | 60/61 | €34,047 | €57,251 | +€23,203 | +68.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €4,237 | €40,646 | +€36,409 | +859% |
| Operating profit (loss) | 9901 | €3,850 | €40,246 | +€36,396 | +945% |
| Financial charges | 65/66B | €559 | €292 | -€268 | -47.8% |
| Recurring financial charges | 65 | €559 | €292 | -€268 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €3,290 | €39,954 | +€36,664 | +1,114% |
| Income taxes | 67/77 | - | €1,418 | +€1,418 | |
| Profit (loss) for the period | 9904 | €3,290 | €38,536 | +€35,246 | +1,071% |
| Profit (loss) for the period to be appropriated | 9905 | €3,290 | €38,536 | +€35,246 | +1,071% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.