SREALETON GROUP: what changed
SREALETON GROUP
Largest movements
- Tangible fixed assets -€89,893
down €89,893 (-84.8%), from €105,973 to €16,080
of which Land and buildings: -€98,687
- Cash +€88,014
new in 2025: €88,014
mainly Investment in fixed assets (net) (+€88,002) and Net result for the year (+€15,666)
- Receivables within one year -€3,945
down €3,945 (-10.0%), from €39,374 to €35,429
of which Other amounts receivable: -€4,127
- Deferred charges and accrued income +€2,117
new in 2025: €2,117
- Profit (loss) carried forward +€33,530
up €33,530 (+30.4%), from -€110,249 to -€76,719
- Reserves -€17,864
down €17,864 (-31.3%), from €57,011 to €39,147
of which Tax-exempt reserves: -€17,864
- Provisions -€9,198
no longer reported in 2025 (was €9,198)
- Other debts -€4,618
down €4,618 (-2.8%), from €165,104 to €160,486
- Short-term financial debts -€3,224
no longer reported in 2025 (was €3,224)
- Gross operating margin +€26,616
up €26,616, from -€16,661 to €9,956
- Depreciation -€4,016
down €4,016 (-68.0%), from €5,907 to €1,891
- Financial charges -€530
down €530 (-34.2%), from €1,551 to €1,021
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,347 | €141,639 | -€3,708 | -2.6% |
| Fixed assets | 21/28 | €105,973 | €16,080 | -€89,893 | -84.8% |
| Tangible fixed assets | 22/27 | €105,973 | €16,080 | -€89,893 | -84.8% |
| Land and buildings | 22 | €98,687 | - | -€98,687 | |
| Plant, machinery and equipment | 23 | €793 | €360 | -€433 | -54.6% |
| Furniture and vehicles | 24 | €6,493 | €15,720 | +€9,227 | +142% |
| Current assets | 29/58 | €39,374 | €125,560 | +€86,186 | +219% |
| Amounts receivable within one year | 40/41 | €39,374 | €35,429 | -€3,945 | -10.0% |
| Trade receivables | 40 | €620 | €802 | +€182 | +29.4% |
| Other amounts receivable | 41 | €38,754 | €34,627 | -€4,127 | -10.6% |
| Cash at bank and in hand | 54/58 | - | €88,014 | +€88,014 | |
| Deferred charges and accrued income | 490/1 | - | €2,117 | +€2,117 | |
| Total equity and liabilities | 10/49 | €145,347 | €141,639 | -€3,708 | -2.6% |
| Equity | 10/15 | -€34,689 | -€19,023 | +€15,666 | +45.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €57,011 | €39,147 | -€17,864 | -31.3% |
| Tax-exempt reserves | 132 | €17,864 | - | -€17,864 | |
| Distributable reserves | 133 | €39,147 | €39,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,249 | -€76,719 | +€33,530 | +30.4% |
| Provisions and deferred taxes | 16 | €9,198 | - | -€9,198 | |
| Deferred taxes | 168 | €9,198 | - | -€9,198 | |
| Amounts payable | 17/49 | €170,838 | €160,662 | -€10,176 | -6.0% |
| Amounts payable within one year | 42/48 | €170,838 | €160,662 | -€10,176 | -6.0% |
| Financial debts | 43 | €3,224 | - | -€3,224 | |
| Credit institutions | 430/8 | €3,224 | - | -€3,224 | |
| Trade debts | 44 | €2,165 | - | -€2,165 | |
| Suppliers | 440/4 | €2,165 | - | -€2,165 | |
| Taxes, remuneration and social security | 45 | €345 | €176 | -€168 | -48.9% |
| Taxes | 450/3 | €345 | €176 | -€168 | -48.9% |
| Other amounts payable | 47/48 | €165,104 | €160,486 | -€4,618 | -2.8% |
| Non-recurring operating income | 76A | - | €26,313 | +€26,313 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,907 | €1,891 | -€4,016 | -68.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€16,661 | €9,956 | +€26,616 | |
| Operating profit (loss) | 9901 | -€22,955 | €7,665 | +€30,620 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,551 | €1,021 | -€530 | -34.2% |
| Recurring financial charges | 65 | €1,551 | €1,021 | -€530 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,504 | €6,644 | +€31,148 | |
| Transfer from deferred taxes | 780 | €3,337 | €9,198 | +€5,861 | +176% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€21,341 | €15,666 | +€37,008 | |
| Transfer from tax-exempt reserves | 789 | - | €17,864 | +€17,864 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,341 | €33,530 | +€54,871 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.