SRN TRANSPORT: 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.
SRN TRANSPORT
Largest movements
- Receivables within one year -€92,248
down €92,248 (-43.3%), from €212,863 to €120,614
of which Trade receivables: -€99,888
- Cash +€12,915
up €12,915 (+86.4%), from €14,953 to €27,868
mainly Receivables within one year (+€92,248) and Net result for the year (+€28,230)
- Tangible fixed assets -€11,274
down €11,274 (-37.7%), from €29,906 to €18,632
of which Leasing and similar rights: -€26,360
- Trade debts -€78,043
down €78,043 (-73.3%), from €106,517 to €28,474
- Tax, wage and social debts -€33,024
down €33,024 (-40.7%), from €81,214 to €48,190
of which Taxes: -€26,130
- Profit (loss) carried forward +€28,230
up €28,230 (+54.6%), from €51,733 to €79,963
- Current portion of long-term debt -€17,257
no longer reported in 2025 (was €17,257)
- Accrued charges and deferred income +€9,806
new in 2025: €9,806
- Staff costs -€28,140
down €28,140 (-15.3%), from €184,501 to €156,361
- Other operating charges +€11,165
up €11,165 (+24.3%), from €45,886 to €57,052
- Taxes +€9,705
up €9,705 (+6,956%), from €140 to €9,845
- Gross operating margin +€7,270
up €7,270 (+2.8%), from €257,575 to €264,844
- Depreciation -€3,697
down €3,697 (-23.5%), from €15,724 to €12,027
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 | €266,721 | €176,433 | -€90,288 | -33.9% |
| Fixed assets | 21/28 | €38,906 | €27,632 | -€11,274 | -29.0% |
| Tangible fixed assets | 22/27 | €29,906 | €18,632 | -€11,274 | -37.7% |
| Furniture and vehicles | 24 | €3,546 | €18,632 | +€15,085 | +425% |
| Leasing and similar rights | 25 | €26,360 | - | -€26,360 | |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €227,815 | €148,801 | -€79,014 | -34.7% |
| Amounts receivable within one year | 40/41 | €212,863 | €120,614 | -€92,248 | -43.3% |
| Trade receivables | 40 | €199,207 | €99,319 | -€99,888 | -50.1% |
| Other amounts receivable | 41 | €13,656 | €21,296 | +€7,640 | +55.9% |
| Cash at bank and in hand | 54/58 | €14,953 | €27,868 | +€12,915 | +86.4% |
| Deferred charges and accrued income | 490/1 | - | €319 | +€319 | |
| Total equity and liabilities | 10/49 | €266,721 | €176,433 | -€90,288 | -33.9% |
| Equity | 10/15 | €61,733 | €89,963 | +€28,230 | +45.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,733 | €79,963 | +€28,230 | +54.6% |
| Amounts payable | 17/49 | €204,988 | €86,470 | -€118,518 | -57.8% |
| Amounts payable within one year | 42/48 | €204,988 | €76,664 | -€128,324 | -62.6% |
| Current portion of amounts payable after more than one year | 42 | €17,257 | - | -€17,257 | |
| Trade debts | 44 | €106,517 | €28,474 | -€78,043 | -73.3% |
| Suppliers | 440/4 | €106,517 | €28,474 | -€78,043 | -73.3% |
| Taxes, remuneration and social security | 45 | €81,214 | €48,190 | -€33,024 | -40.7% |
| Taxes | 450/3 | €47,210 | €21,081 | -€26,130 | -55.3% |
| Remuneration and social security | 454/9 | €34,003 | €27,109 | -€6,894 | -20.3% |
| Accrued charges and deferred income | 492/3 | - | €9,806 | +€9,806 | |
| Remuneration, social security and pensions | 62 | €184,501 | €156,361 | -€28,140 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,724 | €12,027 | -€3,697 | -23.5% |
| Other operating charges | 640/8 | €45,886 | €57,052 | +€11,165 | +24.3% |
| Gross operating margin | 9900 | €257,575 | €264,844 | +€7,270 | +2.8% |
| Operating profit (loss) | 9901 | €11,464 | €39,405 | +€27,941 | +244% |
| Financial income | 75/76B | €981 | €1 | -€980 | -99.9% |
| Recurring financial income | 75 | €981 | €1 | -€980 | -99.9% |
| Financial charges | 65/66B | €2,534 | €1,331 | -€1,203 | -47.5% |
| Recurring financial charges | 65 | €2,534 | €1,331 | -€1,203 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €9,911 | €38,075 | +€28,165 | +284% |
| Income taxes | 67/77 | €140 | €9,845 | +€9,705 | +6,956% |
| Profit (loss) for the period | 9904 | €9,771 | €28,230 | +€18,459 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €9,771 | €28,230 | +€18,459 | +189% |
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 15 October 2026 via checked.be.