SRI: 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.
SRI
Largest movements
- Receivables within one year +€14,430
up €14,430 (+91.6%), from €15,757 to €30,187
- Tangible fixed assets +€8,055
up €8,055 (+2.1%), from €388,075 to €396,130
of which Land and buildings: +€10,601
- Other debts +€20,007
up €20,007 (+248%), from €8,063 to €28,070
- Gross operating margin +€3,186
up €3,186 (+10.2%), from €31,320 to €34,506
- Taxes +€735
up €735 (+98.6%), from €745 to €1,479
- Depreciation -€525
down €525 (-2.1%), from €25,366 to €24,840
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 | €479,987 | €504,417 | +€24,430 | +5.1% |
| Fixed assets | 21/28 | €388,199 | €396,254 | +€8,055 | +2.1% |
| Tangible fixed assets | 22/27 | €388,075 | €396,130 | +€8,055 | +2.1% |
| Land and buildings | 22 | €366,524 | €377,125 | +€10,601 | +2.9% |
| Plant, machinery and equipment | 23 | €18,898 | €12,920 | -€5,979 | -31.6% |
| Furniture and vehicles | 24 | €2,652 | €6,084 | +€3,432 | +129% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €91,788 | €108,164 | +€16,375 | +17.8% |
| Amounts receivable within one year | 40/41 | €15,757 | €30,187 | +€14,430 | +91.6% |
| Trade receivables | 40 | €15,757 | €30,187 | +€14,430 | +91.6% |
| Current investments | 50/53 | €74,129 | €74,129 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €319 | €1,558 | +€1,239 | +389% |
| Deferred charges and accrued income | 490/1 | €1,583 | €2,289 | +€706 | +44.6% |
| Total equity and liabilities | 10/49 | €479,987 | €504,417 | +€24,430 | +5.1% |
| Equity | 10/15 | €469,228 | €472,153 | +€2,925 | +0.6% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Reserves | 13 | €35,610 | €35,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,860 | - | -€16,860 | |
| Reserves not available under the articles | 1311 | €16,860 | - | -€16,860 | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | - | €16,860 | +€16,860 | |
| Profit (loss) carried forward | 14 | €265,018 | €267,943 | +€2,925 | +1.1% |
| Amounts payable | 17/49 | €10,759 | €32,265 | +€21,505 | +200% |
| Amounts payable within one year | 42/48 | €10,759 | €32,265 | +€21,505 | +200% |
| Trade debts | 44 | €253 | €14 | -€239 | -94.4% |
| Suppliers | 440/4 | €253 | €14 | -€239 | -94.4% |
| Taxes, remuneration and social security | 45 | €2,443 | €4,180 | +€1,737 | +71.1% |
| Taxes | 450/3 | €2,443 | €4,180 | +€1,737 | +71.1% |
| Other amounts payable | 47/48 | €8,063 | €28,070 | +€20,007 | +248% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,366 | €24,840 | -€525 | -2.1% |
| Other operating charges | 640/8 | €4,938 | €5,222 | +€284 | +5.8% |
| Gross operating margin | 9900 | €31,320 | €34,506 | +€3,186 | +10.2% |
| Operating profit (loss) | 9901 | €1,016 | €4,443 | +€3,427 | +337% |
| Financial charges | 65/66B | €38 | €39 | +€2 | +4.0% |
| Recurring financial charges | 65 | €38 | €39 | +€2 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €979 | €4,404 | +€3,426 | +350% |
| Income taxes | 67/77 | €745 | €1,479 | +€735 | +98.6% |
| Profit (loss) for the period | 9904 | €234 | €2,925 | +€2,691 | +1,151% |
| Profit (loss) for the period to be appropriated | 9905 | €234 | €2,925 | +€2,691 | +1,151% |
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 30 October 2026 via checked.be.