SR Advocaat: 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.
SR Advocaat
Largest movements
- Cash +€11,069
up €11,069 (+7377.1%), from €150 to €11,219
mainly Other debts (+€26,997) and Receivables within one year (+€1,898)
- Receivables within one year -€1,898
no longer reported in 2025 (was €1,898)
- Tangible fixed assets -€118
down €118 (-43.9%), from €268 to €150
- Other debts +€26,997
up €26,997 (+278.7%), from €9,688 to €36,685
- Profit (loss) carried forward -€12,583
down €12,583 (-46.7%), from -€26,932 to -€39,516
- Trade debts -€5,360
no longer reported in 2025 (was €5,360)
- Gross operating margin -€2,608
down €2,608 (-28.4%), from -€9,178 to -€11,785
- Taxes +€625
new in 2025: €625
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €2,315 | €11,369 | +€9,054 | +391.0% |
| Fixed assets | 21/28 | €268 | €150 | -€118 | -43.9% |
| Tangible fixed assets | 22/27 | €268 | €150 | -€118 | -43.9% |
| Plant, machinery and equipment | 23 | €268 | €150 | -€118 | -43.9% |
| Current assets | 29/58 | €2,048 | €11,219 | +€9,171 | +447.9% |
| Amounts receivable within one year | 40/41 | €1,898 | - | -€1,898 | |
| Trade receivables | 40 | €1,898 | - | -€1,898 | |
| Cash at bank and in hand | 54/58 | €150 | €11,219 | +€11,069 | +7377.1% |
| Total equity and liabilities | 10/49 | €2,315 | €11,369 | +€9,054 | +391.0% |
| Equity | 10/15 | -€13,032 | -€25,616 | -€12,583 | -96.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,932 | -€39,516 | -€12,583 | -46.7% |
| Amounts payable | 17/49 | €15,348 | €36,985 | +€21,637 | +141.0% |
| Amounts payable within one year | 42/48 | €15,348 | €36,985 | +€21,637 | +141.0% |
| Trade debts | 44 | €5,360 | - | -€5,360 | |
| Suppliers | 440/4 | €5,360 | - | -€5,360 | |
| Taxes, remuneration and social security | 45 | €300 | €300 | = | 0.0% |
| Taxes | 450/3 | €300 | €300 | = | 0.0% |
| Other amounts payable | 47/48 | €9,688 | €36,685 | +€26,997 | +278.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118 | €118 | = | 0.0% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€9,178 | -€11,785 | -€2,608 | -28.4% |
| Operating profit (loss) | 9901 | -€9,679 | -€11,903 | -€2,223 | -23.0% |
| Financial income | 75/76B | €13 | €4 | -€9 | -70.6% |
| Recurring financial income | 75 | €13 | €4 | -€9 | -70.6% |
| Financial charges | 65/66B | €76 | €60 | -€16 | -21.4% |
| Recurring financial charges | 65 | €76 | €60 | -€16 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,742 | -€11,958 | -€2,216 | -22.7% |
| Income taxes | 67/77 | - | €625 | +€625 | |
| Profit (loss) for the period | 9904 | -€9,742 | -€12,583 | -€2,841 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,742 | -€12,583 | -€2,841 | -29.2% |
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 8 October 2026 via checked.be.