S.RIS. Management: what changed
Two fiscal 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.RIS. Management
Largest movements
- Cash +€52,826
up €52,826 (+79.3%), from €66,643 to €119,469
mainly Net result for the year (+€48,001) and Depreciation (+€9,641)
- Tangible fixed assets -€9,641
down €9,641 (-19.5%), from €49,442 to €39,801
of which Other tangible fixed assets: -€8,244
- Receivables within one year -€4,566
down €4,566 (-9.2%), from €49,616 to €45,050
of which Trade receivables: -€13,500
- Reserves +€48,001
up €48,001 (+242.9%), from €19,760 to €67,761
of which Distributable reserves: +€48,001
- Debts after one year -€14,846
down €14,846 (-22.9%), from €64,908 to €50,062
- Trade debts +€8,289
up €8,289 (+58.7%), from €14,121 to €22,410
- Gross operating margin +€52,595
up €52,595 (+205.9%), from €25,545 to €78,140
- Taxes +€12,724
up €12,724 (+257.1%), from €4,950 to €17,674
- Other operating charges +€1,557
up €1,557 (+74.0%), from €2,103 to €3,660
- Depreciation -€1,239
down €1,239 (-11.4%), from €10,880 to €9,641
- Financial charges -€1,087
down €1,087 (-50.9%), from €2,134 to €1,047
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.
Cash bridge derived
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 | €165,771 | €205,663 | +€39,892 | +24.1% |
| Fixed assets | 21/28 | €49,442 | €39,801 | -€9,641 | -19.5% |
| Tangible fixed assets | 22/27 | €49,442 | €39,801 | -€9,641 | -19.5% |
| Furniture and vehicles | 24 | €3,578 | €2,181 | -€1,397 | -39.0% |
| Other tangible fixed assets | 26 | €45,864 | €37,620 | -€8,244 | -18.0% |
| Current assets | 29/58 | €116,329 | €165,862 | +€49,533 | +42.6% |
| Amounts receivable within one year | 40/41 | €49,616 | €45,050 | -€4,566 | -9.2% |
| Trade receivables | 40 | €20,164 | €6,664 | -€13,500 | -67.0% |
| Other amounts receivable | 41 | €29,452 | €38,386 | +€8,934 | +30.3% |
| Cash at bank and in hand | 54/58 | €66,643 | €119,469 | +€52,826 | +79.3% |
| Deferred charges and accrued income | 490/1 | €70 | €1,343 | +€1,273 | +1818.6% |
| Total equity and liabilities | 10/49 | €165,771 | €205,663 | +€39,892 | +24.1% |
| Equity | 10/15 | €55,173 | €103,174 | +€48,001 | +87.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,760 | €67,761 | +€48,001 | +242.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,900 | €65,901 | +€48,001 | +268.2% |
| Profit (loss) carried forward | 14 | €23,013 | €23,013 | = | 0.0% |
| Amounts payable | 17/49 | €110,598 | €102,489 | -€8,109 | -7.3% |
| Amounts payable after more than one year | 17 | €64,908 | €50,062 | -€14,846 | -22.9% |
| Financial debts | 170/4 | €64,908 | €50,062 | -€14,846 | -22.9% |
| Amounts payable within one year | 42/48 | €44,821 | €52,427 | +€7,606 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €13,794 | €14,064 | +€270 | +2.0% |
| Trade debts | 44 | €14,121 | €22,410 | +€8,289 | +58.7% |
| Suppliers | 440/4 | €14,121 | €22,410 | +€8,289 | +58.7% |
| Taxes, remuneration and social security | 45 | €16,906 | €15,953 | -€953 | -5.6% |
| Taxes | 450/3 | €14,470 | €15,801 | +€1,331 | +9.2% |
| Remuneration and social security | 454/9 | €2,436 | €152 | -€2,284 | -93.8% |
| Accrued charges and deferred income | 492/3 | €869 | - | -€869 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,880 | €9,641 | -€1,239 | -11.4% |
| Other operating charges | 640/8 | €2,103 | €3,660 | +€1,557 | +74.0% |
| Gross operating margin | 9900 | €25,545 | €78,140 | +€52,595 | +205.9% |
| Operating profit (loss) | 9901 | €12,562 | €64,839 | +€52,277 | +416.2% |
| Financial income | 75/76B | €1,598 | €1,883 | +€285 | +17.8% |
| Recurring financial income | 75 | €1,598 | €1,883 | +€285 | +17.8% |
| Financial charges | 65/66B | €2,134 | €1,047 | -€1,087 | -50.9% |
| Recurring financial charges | 65 | €2,134 | €1,047 | -€1,087 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | €12,026 | €65,675 | +€53,649 | +446.1% |
| Income taxes | 67/77 | €4,950 | €17,674 | +€12,724 | +257.1% |
| Profit (loss) for the period | 9904 | €7,076 | €48,001 | +€40,925 | +578.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,076 | €48,001 | +€40,925 | +578.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.