SRL Management: 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 Management
Largest movements
- Financial fixed assets +€98,000
up €98,000 (+2,685%), from €3,650 to €101,650
- Receivables within one year -€39,993
down €39,993 (-56.2%), from €71,208 to €31,215
of which Trade receivables: -€30,068
- Tangible fixed assets +€16,781
up €16,781 (+202%), from €8,319 to €25,100
of which Furniture and vehicles: +€18,981
- Trade debts +€73,462
up €73,462 (+1,171%), from €6,275 to €79,738
- Other debts -€23,447
down €23,447 (-72.0%), from €32,547 to €9,100
- Tax, wage and social debts +€18,691
up €18,691 (+304%), from €6,150 to €24,841
- Reserves +€11,503
up €11,503 (+27.9%), from €41,206 to €52,709
- Advances received -€5,400
no longer reported in 2024 (was €5,400)
- Gross operating margin -€13,782
down €13,782 (-36.5%), from €37,722 to €23,940
- Depreciation +€4,313
up €4,313 (+117%), from €3,700 to €8,013
- Staff costs -€4,049
down €4,049 (-98.0%), from €4,132 to €83
- Taxes -€1,841
down €1,841 (-29.9%), from €6,150 to €4,309
- Other operating charges -€1,053
no longer reported in 2024 (was €1,053)
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 | €94,078 | €168,888 | +€74,810 | +79.5% |
| Fixed assets | 21/28 | €11,969 | €126,750 | +€114,781 | +959% |
| Tangible fixed assets | 22/27 | €8,319 | €25,100 | +€16,781 | +202% |
| Plant, machinery and equipment | 23 | €5,682 | €3,482 | -€2,200 | -38.7% |
| Furniture and vehicles | 24 | €2,637 | €21,617 | +€18,981 | +720% |
| Financial fixed assets | 28 | €3,650 | €101,650 | +€98,000 | +2,685% |
| Current assets | 29/58 | €82,109 | €42,138 | -€39,971 | -48.7% |
| Stocks and contracts in progress | 3 | €1,386 | €1,386 | = | 0.0% |
| Stocks | 30/36 | €1,386 | €1,386 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €71,208 | €31,215 | -€39,993 | -56.2% |
| Trade receivables | 40 | €61,282 | €31,215 | -€30,068 | -49.1% |
| Other amounts receivable | 41 | €9,926 | - | -€9,926 | |
| Cash at bank and in hand | 54/58 | €7,992 | €9,538 | +€1,546 | +19.3% |
| Deferred charges and accrued income | 490/1 | €1,524 | - | -€1,524 | |
| Total equity and liabilities | 10/49 | €94,078 | €168,888 | +€74,810 | +79.5% |
| Equity | 10/15 | €43,706 | €55,209 | +€11,503 | +26.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €41,206 | €52,709 | +€11,503 | +27.9% |
| Distributable reserves | 133 | €41,206 | €52,709 | +€11,503 | +27.9% |
| Amounts payable | 17/49 | €50,372 | €113,679 | +€63,307 | +126% |
| Amounts payable within one year | 42/48 | €50,372 | €113,679 | +€63,307 | +126% |
| Trade debts | 44 | €6,275 | €79,738 | +€73,462 | +1,171% |
| Suppliers | 440/4 | €6,275 | €79,738 | +€73,462 | +1,171% |
| Advances received on contracts in progress | 46 | €5,400 | - | -€5,400 | |
| Taxes, remuneration and social security | 45 | €6,150 | €24,841 | +€18,691 | +304% |
| Taxes | 450/3 | €6,150 | €24,841 | +€18,691 | +304% |
| Other amounts payable | 47/48 | €32,547 | €9,100 | -€23,447 | -72.0% |
| Remuneration, social security and pensions | 62 | €4,132 | €83 | -€4,049 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,700 | €8,013 | +€4,313 | +117% |
| Other operating charges | 640/8 | €1,053 | - | -€1,053 | |
| Gross operating margin | 9900 | €37,722 | €23,940 | -€13,782 | -36.5% |
| Operating profit (loss) | 9901 | €28,837 | €15,844 | -€12,993 | -45.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €30 | €32 | +€2 | +6.4% |
| Recurring financial charges | 65 | €30 | €32 | +€2 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €28,807 | €15,812 | -€12,995 | -45.1% |
| Income taxes | 67/77 | €6,150 | €4,309 | -€1,841 | -29.9% |
| Profit (loss) for the period | 9904 | €22,657 | €11,503 | -€11,153 | -49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,657 | €11,503 | -€11,153 | -49.2% |
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 16 October 2026 via checked.be.