SRE PARTNERS: 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.
SRE PARTNERS
Largest movements
- Receivables within one year +€68,584
up €68,584 (+34.8%), from €197,280 to €265,865
of which Trade receivables: +€68,642
- Trade debts +€70,000
up €70,000 (+35.1%), from €199,150 to €269,150
- Other operating charges -€7,692
down €7,692 (-36.5%), from €21,068 to €13,376
- Gross operating margin -€7,449
down €7,449 (-35.4%), from €21,040 to €13,591
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €271,944 | €343,484 | +€71,540 | +26.3% |
| Current assets | 29/58 | €271,944 | €343,484 | +€71,540 | +26.3% |
| Amounts receivable within one year | 40/41 | €197,280 | €265,865 | +€68,584 | +34.8% |
| Trade receivables | 40 | €197,223 | €265,865 | +€68,642 | +34.8% |
| Other amounts receivable | 41 | €58 | €0 | -€58 | -100% |
| Cash at bank and in hand | 54/58 | €74,573 | €77,576 | +€3,002 | +4.0% |
| Deferred charges and accrued income | 490/1 | €90 | €44 | -€47 | -51.6% |
| Total equity and liabilities | 10/49 | €271,944 | €343,484 | +€71,540 | +26.3% |
| Equity | 10/15 | €72,794 | €73,174 | +€380 | +0.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,144 | €5,524 | +€380 | +7.4% |
| Amounts payable | 17/49 | €199,150 | €270,310 | +€71,160 | +35.7% |
| Amounts payable within one year | 42/48 | €199,150 | €270,310 | +€71,160 | +35.7% |
| Trade debts | 44 | €199,150 | €269,150 | +€70,000 | +35.1% |
| Suppliers | 440/4 | €199,150 | €269,150 | +€70,000 | +35.1% |
| Taxes, remuneration and social security | 45 | - | €1,160 | +€1,160 | |
| Taxes | 450/3 | - | €1,160 | +€1,160 | |
| Other operating charges | 640/8 | €21,068 | €13,376 | -€7,692 | -36.5% |
| Gross operating margin | 9900 | €21,040 | €13,591 | -€7,449 | -35.4% |
| Operating profit (loss) | 9901 | -€28 | €215 | +€243 | |
| Financial income | 75/76B | €343 | €417 | +€74 | +21.4% |
| Recurring financial income | 75 | €343 | €417 | +€74 | +21.4% |
| Financial charges | 65/66B | €134 | €127 | -€7 | -4.9% |
| Recurring financial charges | 65 | €134 | €127 | -€7 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €182 | €505 | +€324 | +178% |
| Income taxes | 67/77 | €45 | €125 | +€80 | +175% |
| Profit (loss) for the period | 9904 | €136 | €380 | +€244 | +179% |
| Profit (loss) for the period to be appropriated | 9905 | €136 | €380 | +€244 | +179% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.