SRC TECH: 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.
SRC TECH
Largest movements
- Receivables within one year +€19,136
up €19,136 (+73.2%), from €26,148 to €45,283
of which Trade receivables: +€29,047
- Cash +€12,605
up €12,605 (+2036.5%), from €619 to €13,224
mainly Trade debts (+€11,588) and Net result for the year (+€11,283)
- Tangible fixed assets -€4,354
down €4,354 (-49.2%), from €8,851 to €4,497
- Trade debts +€11,588
up €11,588 (+156.3%), from €7,414 to €19,002
- Reserves +€11,283
up €11,283 (+58.1%), from €19,429 to €30,712
- Other debts +€3,696
new in 2025: €3,696
- Tax, wage and social debts +€833
up €833 (+13.7%), from €6,086 to €6,919
- Gross operating margin +€6,382
up €6,382 (+32.2%), from €19,805 to €26,187
- Taxes -€857
down €857 (-22.1%), from €3,873 to €3,016
- Other operating charges +€603
up €603 (+147.8%), from €408 to €1,011
- Financial charges +€441
up €441 (+472.6%), from €93 to €535
- Financial income -€311
down €311 (-100.0%), from €311 to €0
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 | €35,929 | €63,329 | +€27,400 | +76.3% |
| Fixed assets | 21/28 | €8,851 | €4,497 | -€4,354 | -49.2% |
| Tangible fixed assets | 22/27 | €8,851 | €4,497 | -€4,354 | -49.2% |
| Furniture and vehicles | 24 | €8,851 | €4,497 | -€4,354 | -49.2% |
| Current assets | 29/58 | €27,078 | €58,832 | +€31,754 | +117.3% |
| Amounts receivable within one year | 40/41 | €26,148 | €45,283 | +€19,136 | +73.2% |
| Trade receivables | 40 | €14,463 | €43,510 | +€29,047 | +200.8% |
| Other amounts receivable | 41 | €11,684 | €1,774 | -€9,911 | -84.8% |
| Cash at bank and in hand | 54/58 | €619 | €13,224 | +€12,605 | +2036.5% |
| Deferred charges and accrued income | 490/1 | €311 | €324 | +€13 | +4.3% |
| Total equity and liabilities | 10/49 | €35,929 | €63,329 | +€27,400 | +76.3% |
| Equity | 10/15 | €22,429 | €33,712 | +€11,283 | +50.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,429 | €30,712 | +€11,283 | +58.1% |
| Distributable reserves | 133 | €19,429 | €30,712 | +€11,283 | +58.1% |
| Amounts payable | 17/49 | €13,500 | €29,617 | +€16,117 | +119.4% |
| Amounts payable within one year | 42/48 | €13,500 | €29,617 | +€16,117 | +119.4% |
| Trade debts | 44 | €7,414 | €19,002 | +€11,588 | +156.3% |
| Suppliers | 440/4 | €7,414 | €19,002 | +€11,588 | +156.3% |
| Taxes, remuneration and social security | 45 | €6,086 | €6,919 | +€833 | +13.7% |
| Taxes | 450/3 | €6,086 | €6,919 | +€833 | +13.7% |
| Other amounts payable | 47/48 | - | €3,696 | +€3,696 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,909 | €5,142 | +€233 | +4.7% |
| Other operating charges | 640/8 | €408 | €1,011 | +€603 | +147.8% |
| Non-recurring operating charges | 66A | - | €5,200 | +€5,200 | |
| Gross operating margin | 9900 | €19,805 | €26,187 | +€6,382 | +32.2% |
| Operating profit (loss) | 9901 | €14,488 | €14,834 | +€346 | +2.4% |
| Financial income | 75/76B | €311 | €0 | -€311 | -100.0% |
| Recurring financial income | 75 | €311 | €0 | -€311 | -100.0% |
| Financial charges | 65/66B | €93 | €535 | +€441 | +472.6% |
| Recurring financial charges | 65 | €93 | €535 | +€441 | +472.6% |
| Profit (loss) for the period before taxes | 9903 | €14,706 | €14,299 | -€407 | -2.8% |
| Income taxes | 67/77 | €3,873 | €3,016 | -€857 | -22.1% |
| Profit (loss) for the period | 9904 | €10,833 | €11,283 | +€450 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,833 | €11,283 | +€450 | +4.2% |
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 28 September 2026 via checked.be.