SRL: 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.
SRL
Largest movements
- Current investments +€50,000
new in 2024: €50,000
- Cash -€17,333
down €17,333 (-13.3%), from €130,763 to €113,430
mainly Current investments (-€50,000) and Contributions, distributions and other (-€25,972)
- Tangible fixed assets -€6,728
down €6,728 (-18.4%), from €36,516 to €29,787
of which Furniture and vehicles: -€6,509
- Other debts +€25,676
up €25,676 (+603%), from €4,259 to €29,935
- Reserves +€24,374
up €24,374 (+22.0%), from €110,781 to €135,155
- Tax, wage and social debts -€11,082
down €11,082 (-23.2%), from €47,794 to €36,712
of which Taxes: -€11,082
- Debts after one year -€8,917
down €8,917 (-79.8%), from €11,170 to €2,252
- Trade debts -€2,764
down €2,764 (-43.8%), from €6,305 to €3,541
- Taxes -€6,762
down €6,762 (-31.2%), from €21,675 to €14,913
- Gross operating margin -€5,116
down €5,116 (-6.1%), from €83,712 to €78,596
- Depreciation +€2,059
up €2,059 (+21.1%), from €9,745 to €11,804
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,081 | €217,513 | +€27,432 | +14.4% |
| Fixed assets | 21/28 | €36,516 | €29,787 | -€6,728 | -18.4% |
| Tangible fixed assets | 22/27 | €36,516 | €29,787 | -€6,728 | -18.4% |
| Plant, machinery and equipment | 23 | €715 | €495 | -€220 | -30.7% |
| Furniture and vehicles | 24 | €35,800 | €29,292 | -€6,509 | -18.2% |
| Current assets | 29/58 | €153,566 | €187,726 | +€34,160 | +22.2% |
| Amounts receivable within one year | 40/41 | €22,803 | €24,296 | +€1,494 | +6.6% |
| Trade receivables | 40 | €22,803 | €22,803 | = | 0.0% |
| Other amounts receivable | 41 | - | €1,494 | +€1,494 | |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €130,763 | €113,430 | -€17,333 | -13.3% |
| Total equity and liabilities | 10/49 | €190,081 | €217,513 | +€27,432 | +14.4% |
| Equity | 10/15 | €111,781 | €136,155 | +€24,374 | +21.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €110,781 | €135,155 | +€24,374 | +22.0% |
| Distributable reserves | 133 | €110,781 | €135,155 | +€24,374 | +22.0% |
| Amounts payable | 17/49 | €78,300 | €81,359 | +€3,058 | +3.9% |
| Amounts payable after more than one year | 17 | €11,170 | €2,252 | -€8,917 | -79.8% |
| Financial debts | 170/4 | €11,170 | €2,252 | -€8,917 | -79.8% |
| Amounts payable within one year | 42/48 | €67,131 | €79,106 | +€11,975 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €8,772 | €8,917 | +€145 | +1.7% |
| Trade debts | 44 | €6,305 | €3,541 | -€2,764 | -43.8% |
| Suppliers | 440/4 | €6,305 | €3,541 | -€2,764 | -43.8% |
| Taxes, remuneration and social security | 45 | €47,794 | €36,712 | -€11,082 | -23.2% |
| Taxes | 450/3 | €45,759 | €34,677 | -€11,082 | -24.2% |
| Remuneration and social security | 454/9 | €2,035 | €2,035 | = | 0.0% |
| Other amounts payable | 47/48 | €4,259 | €29,935 | +€25,676 | +603% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,745 | €11,804 | +€2,059 | +21.1% |
| Other operating charges | 640/8 | €927 | €963 | +€36 | +3.9% |
| Gross operating margin | 9900 | €83,712 | €78,596 | -€5,116 | -6.1% |
| Operating profit (loss) | 9901 | €73,040 | €65,829 | -€7,211 | -9.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €525 | €571 | +€45 | +8.6% |
| Recurring financial charges | 65 | €525 | €571 | +€45 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €72,515 | €65,258 | -€7,256 | -10.0% |
| Income taxes | 67/77 | €21,675 | €14,913 | -€6,762 | -31.2% |
| Profit (loss) for the period | 9904 | €50,840 | €50,345 | -€494 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,840 | €50,345 | -€494 | -1.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.