SRS GROUP: 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.
SRS GROUP
Largest movements
- Tangible fixed assets -€53,196
down €53,196 (-8.1%), from €659,829 to €606,634
of which Land and buildings: -€34,258
- Receivables within one year -€15,730
down €15,730 (-73.9%), from €21,275 to €5,544
of which Trade receivables: -€14,764
- Profit (loss) carried forward +€104,149
up €104,149 (+60.0%), from €173,648 to €277,796
- Other debts -€86,851
down €86,851 (-78.1%), from €111,213 to €24,362
- Debts after one year -€64,589
down €64,589 (-39.5%), from €163,447 to €98,858
of which Financial debts: -€64,589
- Tax, wage and social debts -€36,206
down €36,206 (-68.4%), from €52,946 to €16,740
of which Taxes: -€31,649
- Gross operating margin -€81,824
down €81,824 (-20.7%), from €394,728 to €312,904
- Taxes -€32,113
down €32,113 (-50.3%), from €63,889 to €31,776
- Depreciation +€25,087
up €25,087 (+47.9%), from €52,357 to €77,444
- Financial charges -€5,672
down €5,672 (-51.1%), from €11,101 to €5,429
of which Financial charges: -€5,882
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.
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 | €788,459 | €708,584 | -€79,875 | -10.1% |
| Fixed assets | 21/28 | €659,829 | €606,634 | -€53,196 | -8.1% |
| Tangible fixed assets | 22/27 | €659,829 | €606,634 | -€53,196 | -8.1% |
| Land and buildings | 22 | €451,267 | €417,009 | -€34,258 | -7.6% |
| Plant, machinery and equipment | 23 | €163,031 | €154,226 | -€8,805 | -5.4% |
| Furniture and vehicles | 24 | €45,531 | €35,398 | -€10,133 | -22.3% |
| Current assets | 29/58 | €128,630 | €101,951 | -€26,679 | -20.7% |
| Stocks and contracts in progress | 3 | €7,090 | €7,490 | +€400 | +5.6% |
| Stocks | 30/36 | €7,090 | €7,490 | +€400 | +5.6% |
| Amounts receivable within one year | 40/41 | €21,275 | €5,544 | -€15,730 | -73.9% |
| Trade receivables | 40 | €15,089 | €325 | -€14,764 | -97.8% |
| Other amounts receivable | 41 | €6,185 | €5,220 | -€966 | -15.6% |
| Current investments | 50/53 | €19,993 | €19,993 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,197 | €60,670 | -€5,527 | -8.3% |
| Deferred charges and accrued income | 490/1 | €14,076 | €8,254 | -€5,822 | -41.4% |
| Total equity and liabilities | 10/49 | €788,459 | €708,584 | -€79,875 | -10.1% |
| Equity | 10/15 | €344,646 | €448,795 | +€104,149 | +30.2% |
| Contributions | 10/11 | €20,400 | €20,400 | = | 0.0% |
| Reserves | 13 | €150,599 | €150,599 | = | 0.0% |
| Distributable reserves | 133 | €150,599 | €150,599 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,648 | €277,796 | +€104,149 | +60.0% |
| Amounts payable | 17/49 | €443,812 | €259,789 | -€184,023 | -41.5% |
| Amounts payable after more than one year | 17 | €163,447 | €98,858 | -€64,589 | -39.5% |
| Financial debts | 170/4 | €162,047 | €97,458 | -€64,589 | -39.9% |
| Other amounts payable | 178/9 | €1,400 | €1,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €280,366 | €160,931 | -€119,435 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €63,567 | €64,589 | +€1,023 | +1.6% |
| Trade debts | 44 | €52,640 | €55,240 | +€2,600 | +4.9% |
| Suppliers | 440/4 | €52,640 | €55,240 | +€2,600 | +4.9% |
| Taxes, remuneration and social security | 45 | €52,946 | €16,740 | -€36,206 | -68.4% |
| Taxes | 450/3 | €48,389 | €16,740 | -€31,649 | -65.4% |
| Remuneration and social security | 454/9 | €4,558 | - | -€4,558 | |
| Other amounts payable | 47/48 | €111,213 | €24,362 | -€86,851 | -78.1% |
| Remuneration, social security and pensions | 62 | €92,498 | €91,862 | -€636 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,357 | €77,444 | +€25,087 | +47.9% |
| Other operating charges | 640/8 | €1,881 | €2,854 | +€973 | +51.7% |
| Gross operating margin | 9900 | €394,728 | €312,904 | -€81,824 | -20.7% |
| Operating profit (loss) | 9901 | €247,992 | €140,743 | -€107,248 | -43.2% |
| Financial income | 75/76B | €135 | €610 | +€476 | +353% |
| Recurring financial income | 75 | €135 | €610 | +€476 | +353% |
| Financial charges | 65/66B | €11,101 | €5,429 | -€5,672 | -51.1% |
| Recurring financial charges | 65 | €11,101 | €5,219 | -€5,882 | -53.0% |
| Non-recurring financial charges | 66B | - | €210 | +€210 | |
| Profit (loss) for the period before taxes | 9903 | €237,025 | €135,924 | -€101,101 | -42.7% |
| Income taxes | 67/77 | €63,889 | €31,776 | -€32,113 | -50.3% |
| Profit (loss) for the period | 9904 | €173,137 | €104,149 | -€68,988 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €173,137 | €104,149 | -€68,988 | -39.8% |
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 23 October 2026 via checked.be.