SRAL: 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.
SRAL
Largest movements
- Financial fixed assets -€139,800
down €139,800 (-35.0%), from €399,800 to €260,000
- Equity -€261,069
down €261,069 (-64.9%), from €402,395 to €141,326
of which Profit (loss) carried forward: -€261,069
- Debts within one year +€119,012
up €119,012 (+164154.9%), from €73 to €119,085
- Gross operating margin -€1,354
down €1,354 (-24.0%), from -€5,630 to -€6,984
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €402,467 | €260,410 | -€142,057 | -35.3% |
| Fixed assets | 21/28 | €399,800 | €260,000 | -€139,800 | -35.0% |
| Financial fixed assets | 28 | €399,800 | €260,000 | -€139,800 | -35.0% |
| Current assets | 29/58 | €2,667 | €410 | -€2,257 | -84.6% |
| Cash at bank and in hand | 54/58 | €2,667 | €410 | -€2,257 | -84.6% |
| Total equity and liabilities | 10/49 | €402,467 | €260,410 | -€142,057 | -35.3% |
| Equity | 10/15 | €402,395 | €141,326 | -€261,069 | -64.9% |
| Contributions | 10/11 | €253,740 | - | -€253,740 | |
| Reserves | 13 | €11,179 | €11,179 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,476 | -€123,593 | -€261,069 | |
| Amounts payable | 17/49 | €73 | €119,085 | +€119,012 | +164154.9% |
| Amounts payable within one year | 42/48 | €73 | €119,085 | +€119,012 | +164154.9% |
| Trade debts | 44 | €73 | €432 | +€360 | +496.5% |
| Gross operating margin | 9900 | -€5,630 | -€6,984 | -€1,354 | -24.0% |
| Operating profit (loss) | 9901 | -€5,978 | -€7,343 | -€1,366 | -22.9% |
| Recurring financial charges | 65 | €17 | €8,575 | +€8,559 | +51004.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,994 | -€261,069 | -€255,074 | -4255.3% |
| Profit (loss) for the period | 9904 | -€5,994 | -€261,069 | -€255,074 | -4255.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,994 | -€261,069 | -€255,074 | -4255.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.