SREB Naninne: what changed
What changed
SREB Naninne
filed annual accounts (NBB)
Net result for the year
-€57,354
2024 · -€18,651-€38,702
Equity
-€28,934
2024 · €28,419-€57,354
Cash
€79,648
2024 · €10,984+€68,664
Balance sheet total
€4.2m
2024 · €4.2m-€40,727
Largest movements
Assets
- Tangible fixed assets -€109,481
down €109,481 (-2.6%), from €4.2m to €4.1m
- Cash +€68,664
up €68,664 (+625%), from €10,984 to €79,648
mainly Depreciation (+€109,481) and Trade debts (+€28,321)
Equity and liabilities
- Profit (loss) carried forward -€57,354
down €57,354 (-21.1%), from -€271,581 to -€328,934
Income statement
- Financial charges +€37,561
up €37,561 (+19.4%), from €193,855 to €231,415
- Write-downs +€12,499
up €12,499, from €0 to €12,499
- Gross operating margin +€12,233
up €12,233 (+3.9%), from €312,574 to €324,807
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.
Result 2024
-€18,651
Gross operating margin
+€12,233
Write-downs
-€12,499
Other operating charges
-€875
Financial charges
-€37,561
Result 2025
-€57,354
raises the resultlowers the result
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.
From operations
+€88,479
Investment
€0
Financing
-€19,815
Cash 2024
€10,984
From operations (derived)
+€88,479
Net result for the year
-€57,354
Depreciation
+€109,481
Deferred charges and accrued income
-€90
Trade debts
+€28,321
Other debts
+€8,121
Financing
-€19,815
Debts after one year
-€26,304
Current portion of long-term debt
+€6,489
Cash 2025
€79,648
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,249,729 | €4,209,002 | -€40,727 | -1.0% |
| Fixed assets | 21/28 | €4,232,516 | €4,123,035 | -€109,481 | -2.6% |
| Tangible fixed assets | 22/27 | €4,232,516 | €4,123,035 | -€109,481 | -2.6% |
| Land and buildings | 22 | €4,232,516 | €4,123,035 | -€109,481 | -2.6% |
| Current assets | 29/58 | €17,213 | €85,967 | +€68,754 | +399% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,984 | €79,648 | +€68,664 | +625% |
| Deferred charges and accrued income | 490/1 | €6,229 | €6,318 | +€90 | +1.4% |
| Total equity and liabilities | 10/49 | €4,249,729 | €4,209,002 | -€40,727 | -1.0% |
| Equity | 10/15 | €28,419 | -€28,934 | -€57,354 | |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€271,581 | -€328,934 | -€57,354 | -21.1% |
| Amounts payable | 17/49 | €4,221,309 | €4,237,936 | +€16,627 | +0.4% |
| Amounts payable after more than one year | 17 | €3,946,528 | €3,920,224 | -€26,304 | -0.7% |
| Financial debts | 170/4 | €3,946,528 | €3,920,224 | -€26,304 | -0.7% |
| Amounts payable within one year | 42/48 | €274,781 | €317,712 | +€42,930 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €131,502 | €137,991 | +€6,489 | +4.9% |
| Trade debts | 44 | €811 | €29,132 | +€28,321 | +3,492% |
| Suppliers | 440/4 | €811 | €29,132 | +€28,321 | +3,492% |
| Other amounts payable | 47/48 | €142,468 | €150,589 | +€8,121 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,481 | €109,481 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €12,499 | +€12,499 | |
| Other operating charges | 640/8 | €27,890 | €28,765 | +€875 | +3.1% |
| Gross operating margin | 9900 | €312,574 | €324,807 | +€12,233 | +3.9% |
| Operating profit (loss) | 9901 | €175,204 | €174,062 | -€1,142 | -0.7% |
| Financial charges | 65/66B | €193,855 | €231,415 | +€37,561 | +19.4% |
| Recurring financial charges | 65 | €193,855 | €231,415 | +€37,561 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,651 | -€57,354 | -€38,702 | -208% |
| Profit (loss) for the period | 9904 | -€18,651 | -€57,354 | -€38,702 | -208% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,651 | -€57,354 | -€38,702 | -208% |
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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 4 November 2026 via checked.be.