SRP Trans: 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.
SRP Trans
Largest movements
- Receivables within one year +€830,188
up €830,188 (+423%), from €196,422 to €1.0m
of which Other amounts receivable: +€504,363
- Cash -€626,232
down €626,232 (-79.9%), from €784,147 to €157,916
mainly Receivables within one year (-€830,188) and Tax, wage and social debts (-€26,056)
- Tangible fixed assets -€200,517
down €200,517 (-54.5%), from €367,751 to €167,234
of which Furniture and vehicles: -€193,256
- Trade debts +€38,696
up €38,696 (+112%), from €34,625 to €73,322
- Tax, wage and social debts -€26,056
down €26,056 (-12.8%), from €203,497 to €177,441
of which Taxes: -€27,748
- Gross operating margin -€220,019
down €220,019 (-14.6%), from €1.5m to €1.3m
- Staff costs +€101,610
up €101,610 (+11.8%), from €860,028 to €961,639
- Depreciation -€63,377
down €63,377 (-24.0%), from €263,894 to €200,517
- Taxes -€38,015
down €38,015 (-49.8%), from €76,292 to €38,277
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 | €1,363,551 | €1,363,839 | +€288 | 0.0% |
| Fixed assets | 21/28 | €367,751 | €168,314 | -€199,437 | -54.2% |
| Tangible fixed assets | 22/27 | €367,751 | €167,234 | -€200,517 | -54.5% |
| Plant, machinery and equipment | 23 | €9,299 | €2,038 | -€7,261 | -78.1% |
| Furniture and vehicles | 24 | €358,452 | €165,196 | -€193,256 | -53.9% |
| Financial fixed assets | 28 | - | €1,080 | +€1,080 | |
| Current assets | 29/58 | €995,800 | €1,195,525 | +€199,725 | +20.1% |
| Amounts receivable within one year | 40/41 | €196,422 | €1,026,610 | +€830,188 | +423% |
| Trade receivables | 40 | €196,422 | €522,247 | +€325,825 | +166% |
| Other amounts receivable | 41 | €0 | €504,363 | +€504,363 | |
| Current investments | 50/53 | €7,000 | €7,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €784,147 | €157,916 | -€626,232 | -79.9% |
| Deferred charges and accrued income | 490/1 | €8,231 | €4,000 | -€4,231 | -51.4% |
| Total equity and liabilities | 10/49 | €1,363,551 | €1,363,839 | +€288 | 0.0% |
| Equity | 10/15 | €1,125,428 | €1,113,076 | -€12,352 | -1.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,106,836 | €1,094,484 | -€12,352 | -1.1% |
| Tax-exempt reserves | 132 | €401,177 | €401,177 | = | 0.0% |
| Distributable reserves | 133 | €705,660 | €693,308 | -€12,352 | -1.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €238,123 | €250,763 | +€12,640 | +5.3% |
| Amounts payable within one year | 42/48 | €238,123 | €250,763 | +€12,640 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €34,625 | €73,322 | +€38,696 | +112% |
| Suppliers | 440/4 | €34,625 | €73,322 | +€38,696 | +112% |
| Taxes, remuneration and social security | 45 | €203,497 | €177,441 | -€26,056 | -12.8% |
| Taxes | 450/3 | €117,063 | €89,315 | -€27,748 | -23.7% |
| Remuneration and social security | 454/9 | €86,434 | €88,126 | +€1,692 | +2.0% |
| Non-recurring operating income | 76A | - | €34,000 | +€34,000 | |
| Remuneration, social security and pensions | 62 | €860,028 | €961,639 | +€101,610 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263,894 | €200,517 | -€63,377 | -24.0% |
| Other operating charges | 640/8 | €100,313 | €98,337 | -€1,976 | -2.0% |
| Gross operating margin | 9900 | €1,505,570 | €1,285,551 | -€220,019 | -14.6% |
| Operating profit (loss) | 9901 | €281,334 | €25,057 | -€256,276 | -91.1% |
| Financial income | 75/76B | - | €4,363 | +€4,363 | |
| Recurring financial income | 75 | - | €4,363 | +€4,363 | |
| Financial charges | 65/66B | €2,229 | €3,496 | +€1,267 | +56.9% |
| Recurring financial charges | 65 | €2,229 | €3,496 | +€1,267 | +56.9% |
| Profit (loss) for the period before taxes | 9903 | €279,105 | €25,925 | -€253,180 | -90.7% |
| Income taxes | 67/77 | €76,292 | €38,277 | -€38,015 | -49.8% |
| Profit (loss) for the period | 9904 | €202,813 | -€12,352 | -€215,165 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €202,813 | -€12,352 | -€215,165 |
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.