SRD CAR: 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.
SRD CAR
Largest movements
- Tangible fixed assets +€20,300
new in 2025: €20,300
- Cash +€15,307
up €15,307 (+653%), from €2,344 to €17,651
mainly Trade debts (+€19,176) and Net result for the year (+€16,550)
- Stocks and contracts -€2,800
down €2,800 (-27.3%), from €10,250 to €7,450
- Trade debts +€19,176
up €19,176 (+304%), from €6,315 to €25,491
- Profit (loss) carried forward +€16,550
up €16,550 (+515%), from €3,215 to €19,765
- Other debts -€6,453
down €6,453 (-100%), from €6,453 to €0
- Tax, wage and social debts +€3,334
up €3,334 (+415%), from €804 to €4,138
- Turnover +€160,110
new in 2025: €160,110
- Purchases and services +€139,672
new in 2025: €139,672
- Gross operating margin +€17,490
up €17,490 (+409%), from €4,271 to €21,761
- Taxes +€3,406
up €3,406 (+424%), from €804 to €4,210
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.
Derived cash bridge
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 | €19,787 | €52,394 | +€32,608 | +165% |
| Fixed assets | 21/28 | - | €20,300 | +€20,300 | |
| Tangible fixed assets | 22/27 | - | €20,300 | +€20,300 | |
| Furniture and vehicles | 24 | - | €20,300 | +€20,300 | |
| Current assets | 29/58 | €19,787 | €32,094 | +€12,308 | +62.2% |
| Stocks and contracts in progress | 3 | €10,250 | €7,450 | -€2,800 | -27.3% |
| Stocks | 30/36 | €10,250 | €7,450 | -€2,800 | -27.3% |
| Amounts receivable within one year | 40/41 | €7,192 | €6,993 | -€199 | -2.8% |
| Trade receivables | 40 | €6,595 | €5,691 | -€904 | -13.7% |
| Other amounts receivable | 41 | €597 | €1,302 | +€705 | +118% |
| Cash at bank and in hand | 54/58 | €2,344 | €17,651 | +€15,307 | +653% |
| Total equity and liabilities | 10/49 | €19,787 | €52,394 | +€32,608 | +165% |
| Equity | 10/15 | €6,215 | €22,765 | +€16,550 | +266% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,215 | €19,765 | +€16,550 | +515% |
| Amounts payable | 17/49 | €13,572 | €29,629 | +€16,057 | +118% |
| Amounts payable within one year | 42/48 | €13,572 | €29,629 | +€16,057 | +118% |
| Trade debts | 44 | €6,315 | €25,491 | +€19,176 | +304% |
| Suppliers | 440/4 | €6,315 | €25,491 | +€19,176 | +304% |
| Taxes, remuneration and social security | 45 | €804 | €4,138 | +€3,334 | +415% |
| Taxes | 450/3 | €804 | €4,138 | +€3,334 | +415% |
| Other amounts payable | 47/48 | €6,453 | €0 | -€6,453 | -100% |
| Turnover | 70 | - | €160,110 | +€160,110 | |
| Non-recurring operating income | 76A | - | €1,323 | +€1,323 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €139,672 | +€139,672 | |
| Remuneration, social security and pensions | 62 | €123 | €0 | -€123 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €700 | +€700 | |
| Non-recurring operating charges | 66A | €129 | €116 | -€13 | -10.1% |
| Gross operating margin | 9900 | €4,271 | €21,761 | +€17,490 | +409% |
| Operating profit (loss) | 9901 | €4,019 | €20,945 | +€16,927 | +421% |
| Financial charges | 65/66B | €0 | €185 | +€185 | +1,851,700% |
| Recurring financial charges | 65 | €0 | €185 | +€185 | +1,851,700% |
| Profit (loss) for the period before taxes | 9903 | €4,019 | €20,760 | +€16,741 | +417% |
| Income taxes | 67/77 | €804 | €4,210 | +€3,406 | +424% |
| Profit (loss) for the period | 9904 | €3,215 | €16,550 | +€13,335 | +415% |
| Profit (loss) for the period to be appropriated | 9905 | €3,215 | €16,550 | +€13,335 | +415% |
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 21 October 2026 via checked.be.