SRINOX: 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.
SRINOX
Largest movements
- Tangible fixed assets +€1.0m
new in 2025: €1.0m
- Financial fixed assets -€911,181
down €911,181 (-99.8%), from €912,606 to €1,425
- Receivables within one year +€159,720
up €159,720 (+75.6%), from €211,362 to €371,083
of which Trade receivables: +€109,091
- Intangible fixed assets +€156,646
new in 2025: €156,646
- Stocks and contracts -€84,881
down €84,881 (-5.4%), from €1.6m to €1.5m
- Other debts +€219,310
up €219,310 (+521%), from €42,099 to €261,408
- Debts after one year +€118,510
up €118,510 (+47.4%), from €250,000 to €368,510
- Tax, wage and social debts +€52,921
up €52,921 (+673%), from €7,860 to €60,781
of which Taxes: +€49,141
- Write-downs +€418,937
up €418,937 (+90.7%), from -€462,063 to -€43,126
- Gross operating margin +€233,550
up €233,550, from -€40,884 to €192,666
- Taxes -€41,887
down €41,887 (-78.2%), from €53,552 to €11,665
- Financial charges +€36,322
up €36,322 (+43.0%), from €84,491 to €120,813
- Staff costs +€25,852
up €25,852 (+33.8%), from €76,522 to €102,373
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 | €2,782,904 | €3,177,519 | +€394,615 | +14.2% |
| Fixed assets | 21/28 | €912,606 | €1,185,141 | +€272,536 | +29.9% |
| Intangible fixed assets | 21 | - | €156,646 | +€156,646 | |
| Tangible fixed assets | 22/27 | - | €1,027,070 | +€1.0m | |
| Land and buildings | 22 | - | €1,027,070 | +€1.0m | |
| Financial fixed assets | 28 | €912,606 | €1,425 | -€911,181 | -99.8% |
| Current assets | 29/58 | €1,870,298 | €1,992,377 | +€122,079 | +6.5% |
| Stocks and contracts in progress | 3 | €1,563,786 | €1,478,905 | -€84,881 | -5.4% |
| Stocks | 30/36 | €1,563,786 | €1,478,905 | -€84,881 | -5.4% |
| Amounts receivable within one year | 40/41 | €211,362 | €371,083 | +€159,720 | +75.6% |
| Trade receivables | 40 | €199,342 | €308,433 | +€109,091 | +54.7% |
| Other amounts receivable | 41 | €12,020 | €62,650 | +€50,629 | +421% |
| Cash at bank and in hand | 54/58 | €95,150 | €142,390 | +€47,240 | +49.6% |
| Total equity and liabilities | 10/49 | €2,782,904 | €3,177,519 | +€394,615 | +14.2% |
| Equity | 10/15 | €2,428,956 | €2,416,828 | -€12,127 | -0.5% |
| Contributions | 10/11 | €890,000 | €890,000 | = | 0.0% |
| Reserves | 13 | €1,538,956 | €1,538,956 | = | 0.0% |
| Non-distributable reserves | 130/1 | €89,000 | - | -€89,000 | |
| Reserves not available under the articles | 1311 | €89,000 | - | -€89,000 | |
| Distributable reserves | 133 | €1,449,956 | €1,538,956 | +€89,000 | +6.1% |
| Profit (loss) carried forward | 14 | - | -€12,127 | -€12,127 | |
| Amounts payable | 17/49 | €353,948 | €760,690 | +€406,742 | +115% |
| Amounts payable after more than one year | 17 | €250,000 | €368,510 | +€118,510 | +47.4% |
| Financial debts | 170/4 | €250,000 | €368,510 | +€118,510 | +47.4% |
| Amounts payable within one year | 42/48 | €103,948 | €392,181 | +€288,233 | +277% |
| Current portion of amounts payable after more than one year | 42 | €53,989 | €54,331 | +€342 | +0.6% |
| Trade debts | 44 | - | €15,660 | +€15,660 | |
| Suppliers | 440/4 | - | €15,660 | +€15,660 | |
| Taxes, remuneration and social security | 45 | €7,860 | €60,781 | +€52,921 | +673% |
| Taxes | 450/3 | - | €49,141 | +€49,141 | |
| Remuneration and social security | 454/9 | €7,860 | €11,640 | +€3,780 | +48.1% |
| Other amounts payable | 47/48 | €42,099 | €261,408 | +€219,310 | +521% |
| Remuneration, social security and pensions | 62 | €76,522 | €102,373 | +€25,852 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,500 | - | -€7,500 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€462,063 | -€43,126 | +€418,937 | +90.7% |
| Other operating charges | 640/8 | €790 | €13,100 | +€12,310 | +1,558% |
| Gross operating margin | 9900 | -€40,884 | €192,666 | +€233,550 | |
| Operating profit (loss) | 9901 | €336,368 | €120,318 | -€216,049 | -64.2% |
| Financial income | 75/76B | €35 | €32 | -€2 | -6.9% |
| Recurring financial income | 75 | €35 | €32 | -€2 | -6.9% |
| Financial charges | 65/66B | €84,491 | €120,813 | +€36,322 | +43.0% |
| Recurring financial charges | 65 | €84,491 | €120,813 | +€36,322 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €251,911 | -€462 | -€252,374 | |
| Income taxes | 67/77 | €53,552 | €11,665 | -€41,887 | -78.2% |
| Profit (loss) for the period | 9904 | €198,359 | -€12,127 | -€210,487 | |
| Profit (loss) for the period to be appropriated | 9905 | €198,359 | -€12,127 | -€210,487 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.