SRL GCA: 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 GCA
Largest movements
- Cash -€22,623
down €22,623 (-58.6%), from €38,608 to €15,985
mainly Investment in fixed assets (net) (-€29,700) and Debts after one year (-€27,393)
- Tangible fixed assets -€14,607
down €14,607 (-4.6%), from €315,124 to €300,517
of which Land and buildings: -€15,468
- Receivables within one year +€8,307
up €8,307 (+136.0%), from €6,108 to €14,414
- Debts after one year -€27,393
down €27,393 (-20.1%), from €136,580 to €109,187
- Profit (loss) carried forward +€6,008
up €6,008 (+9.4%), from €63,745 to €69,753
- Investment grants -€4,882
down €4,882 (-16.9%), from €28,815 to €23,933
- Turnover -€53,652
no longer reported in 2025 (was €53,652)
- Purchases and services -€9,913
no longer reported in 2025 (was €9,913)
- Gross operating margin +€7,194
up €7,194 (+16.4%), from €43,738 to €50,933
- Depreciation +€2,377
up €2,377 (+5.7%), from €41,930 to €44,307
- Financial income -€911
down €911 (-15.7%), from €5,793 to €4,882
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.
Cash bridge derived
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 | €361,236 | €332,347 | -€28,889 | -8.0% |
| Fixed assets | 21/28 | €315,124 | €300,517 | -€14,607 | -4.6% |
| Tangible fixed assets | 22/27 | €315,124 | €300,517 | -€14,607 | -4.6% |
| Land and buildings | 22 | €174,349 | €158,881 | -€15,468 | -8.9% |
| Plant, machinery and equipment | 23 | €140,775 | €141,636 | +€860 | +0.6% |
| Current assets | 29/58 | €46,112 | €31,830 | -€14,282 | -31.0% |
| Amounts receivable within one year | 40/41 | €6,108 | €14,414 | +€8,307 | +136.0% |
| Trade receivables | 40 | €6,108 | €14,414 | +€8,307 | +136.0% |
| Cash at bank and in hand | 54/58 | €38,608 | €15,985 | -€22,623 | -58.6% |
| Deferred charges and accrued income | 490/1 | €1,396 | €1,430 | +€34 | +2.5% |
| Total equity and liabilities | 10/49 | €361,236 | €332,347 | -€28,889 | -8.0% |
| Equity | 10/15 | €114,560 | €115,687 | +€1,127 | +1.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,745 | €69,753 | +€6,008 | +9.4% |
| Investment grants | 15 | €28,815 | €23,933 | -€4,882 | -16.9% |
| Amounts payable | 17/49 | €246,676 | €216,660 | -€30,016 | -12.2% |
| Amounts payable after more than one year | 17 | €136,580 | €109,187 | -€27,393 | -20.1% |
| Financial debts | 170/4 | €136,580 | €109,187 | -€27,393 | -20.1% |
| Amounts payable within one year | 42/48 | €110,096 | €107,473 | -€2,623 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €27,393 | €27,393 | = | 0.0% |
| Trade debts | 44 | - | €50 | +€50 | |
| Suppliers | 440/4 | - | €50 | +€50 | |
| Taxes, remuneration and social security | 45 | €8,865 | €5,793 | -€3,072 | -34.7% |
| Taxes | 450/3 | €8,865 | €5,793 | -€3,072 | -34.7% |
| Other amounts payable | 47/48 | €73,837 | €74,237 | +€400 | +0.5% |
| Turnover | 70 | €53,652 | - | -€53,652 | |
| Goods, raw materials, services and sundry goods | 60/61 | €9,913 | - | -€9,913 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,930 | €44,307 | +€2,377 | +5.7% |
| Other operating charges | 640/8 | €878 | €1,725 | +€847 | +96.5% |
| Gross operating margin | 9900 | €43,738 | €50,933 | +€7,194 | +16.4% |
| Operating profit (loss) | 9901 | €931 | €4,900 | +€3,970 | +426.6% |
| Financial income | 75/76B | €5,793 | €4,882 | -€911 | -15.7% |
| Recurring financial income | 75 | €5,793 | €4,882 | -€911 | -15.7% |
| Financial charges | 65/66B | €4,359 | €3,773 | -€585 | -13.4% |
| Recurring financial charges | 65 | €4,359 | €3,773 | -€585 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €2,365 | €6,008 | +€3,644 | +154.1% |
| Profit (loss) for the period | 9904 | €2,365 | €6,008 | +€3,644 | +154.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,365 | €6,008 | +€3,644 | +154.1% |
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 9 October 2026 via checked.be.