SR ASSUR: 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 ASSUR
Largest movements
- Tangible fixed assets +€154,436
up €154,436 (+2875.9%), from €5,370 to €159,806
of which Plant, machinery and equipment: +€152,945
- Deferred charges and accrued income +€9,944
up €9,944 (+20.0%), from €49,718 to €59,662
- Debts after one year +€127,642
new in 2025: €127,642
- Other debts +€26,461
up €26,461 (+701.8%), from €3,771 to €30,232
- Tax, wage and social debts +€8,659
up €8,659 (+349.4%), from €2,478 to €11,137
of which Taxes: +€5,633
- Trade debts -€7,099
down €7,099 (-95.7%), from €7,415 to €316
- Current portion of long-term debt +€6,639
new in 2025: €6,639
- Gross operating margin -€28,393
down €28,393 (-38.9%), from €73,077 to €44,684
- Staff costs +€14,110
up €14,110 (+72.8%), from €19,381 to €33,490
- Taxes -€12,101
down €12,101 (-80.7%), from €15,001 to €2,900
- Depreciation +€2,855
up €2,855 (+200.8%), from €1,422 to €4,277
- Financial charges +€1,367
up €1,367 (+1763.4%), from €78 to €1,444
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 | €55,615 | €219,471 | +€163,856 | +294.6% |
| Fixed assets | 21/28 | €5,370 | €159,806 | +€154,436 | +2875.9% |
| Tangible fixed assets | 22/27 | €5,370 | €159,806 | +€154,436 | +2875.9% |
| Plant, machinery and equipment | 23 | - | €152,945 | +€152,945 | |
| Furniture and vehicles | 24 | €5,370 | €6,861 | +€1,491 | +27.8% |
| Current assets | 29/58 | €50,246 | €59,665 | +€9,420 | +18.7% |
| Cash at bank and in hand | 54/58 | €527 | €3 | -€524 | -99.3% |
| Deferred charges and accrued income | 490/1 | €49,718 | €59,662 | +€9,944 | +20.0% |
| Total equity and liabilities | 10/49 | €55,615 | €219,471 | +€163,856 | +294.6% |
| Equity | 10/15 | €41,952 | €43,507 | +€1,555 | +3.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,952 | €41,507 | +€1,555 | +3.9% |
| Amounts payable | 17/49 | €13,664 | €175,964 | +€162,300 | +1187.8% |
| Amounts payable after more than one year | 17 | - | €127,642 | +€127,642 | |
| Financial debts | 170/4 | - | €127,642 | +€127,642 | |
| Amounts payable within one year | 42/48 | €13,664 | €48,323 | +€34,659 | +253.7% |
| Current portion of amounts payable after more than one year | 42 | - | €6,639 | +€6,639 | |
| Trade debts | 44 | €7,415 | €316 | -€7,099 | -95.7% |
| Suppliers | 440/4 | €7,415 | €316 | -€7,099 | -95.7% |
| Taxes, remuneration and social security | 45 | €2,478 | €11,137 | +€8,659 | +349.4% |
| Taxes | 450/3 | - | €5,633 | +€5,633 | |
| Remuneration and social security | 454/9 | €2,478 | €5,504 | +€3,026 | +122.1% |
| Other amounts payable | 47/48 | €3,771 | €30,232 | +€26,461 | +701.8% |
| Remuneration, social security and pensions | 62 | €19,381 | €33,490 | +€14,110 | +72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,422 | €4,277 | +€2,855 | +200.8% |
| Other operating charges | 640/8 | €387 | €1,017 | +€630 | +162.6% |
| Gross operating margin | 9900 | €73,077 | €44,684 | -€28,393 | -38.9% |
| Operating profit (loss) | 9901 | €51,887 | €5,900 | -€45,988 | -88.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €78 | €1,444 | +€1,367 | +1763.4% |
| Recurring financial charges | 65 | €78 | €1,444 | +€1,367 | +1763.4% |
| Profit (loss) for the period before taxes | 9903 | €51,810 | €4,455 | -€47,355 | -91.4% |
| Income taxes | 67/77 | €15,001 | €2,900 | -€12,101 | -80.7% |
| Profit (loss) for the period | 9904 | €36,808 | €1,555 | -€35,253 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,808 | €1,555 | -€35,253 | -95.8% |
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 5 October 2026 via checked.be.