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SRAF Invest: 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.

What changed

SRAF Invest

BE 0896.040.666
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2,893
2024 · -€12,794+€9,902
Equity
-€2,893
2024 · €0-€2,893
Cash
-
not filed
Balance sheet total
-
not filed

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€2,893

      down €2,893 (-8.8%), from -€33,000 to -€35,893

    • Other debts +€2,893

      new in 2025: €2,893

    Income statement
    • Gross operating margin -€2,893

      new in 2025: -€2,893

    • Financial charges -€101

      no longer reported in 2025 (was €101)

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 -€12,794
    Other operating items +€9,801
    Financial charges +€101
    Result 2025 -€2,893
    raises the resultnot broken down further in the accounts

    Derived cash bridge

    cash 2024 to 2025

    Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

    Every line side by side 17 lines
    Line Code 2024 2025 Change %
    Total equity and liabilities 10/49 €0 €0 =
    Equity 10/15 €0 -€2,893 -€2,893
    Contributions 10/11 €30,000 €30,000 = 0.0%
    Reserves 13 €3,000 €3,000 = 0.0%
    Distributable reserves 133 €3,000 €3,000 = 0.0%
    Profit (loss) carried forward 14 -€33,000 -€35,893 -€2,893 -8.8%
    Amounts payable 17/49 - €2,893 +€2,893
    Amounts payable within one year 42/48 - €2,893 +€2,893
    Other amounts payable 47/48 - €2,893 +€2,893
    Non-recurring operating charges 66A €12,694 - -€12,694
    Gross operating margin 9900 - -€2,893 -€2,893
    Operating profit (loss) 9901 -€12,694 -€2,893 +€9,801 +77.2%
    Financial charges 65/66B €101 - -€101
    Recurring financial charges 65 €101 - -€101
    Profit (loss) for the period before taxes 9903 -€12,794 -€2,893 +€9,902 +77.4%
    Profit (loss) for the period 9904 -€12,794 -€2,893 +€9,902 +77.4%
    Profit (loss) for the period to be appropriated 9905 -€12,794 -€2,893 +€9,902 +77.4%

    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 31 October 2026 via checked.be.