SRSC: what changed
Two fiscal 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.
SRSC
Largest movements
- Receivables within one year -€840
down €840 (-100.0%), from €840 to €0
of which Other amounts receivable: -€840
- Tangible fixed assets -€142
down €142 (-100.0%), from €142 to €0
- Cash +€89
up €89 (+17.4%), from €509 to €598
mainly Net result for the year (+€8,437) and Tax, wage and social debts (+€3,176)
- Profit (loss) carried forward +€8,437
up €8,437 (+13.6%), from -€61,825 to -€53,388
- Advances received -€6,286
down €6,286 (-100.0%), from €6,286 to €0
- Tax, wage and social debts +€3,176
up €3,176 (+16.7%), from €18,990 to €22,167
of which Taxes: +€3,533
- Other debts -€2,535
down €2,535 (-10.1%), from €25,199 to €22,664
- Trade debts -€2,292
down €2,292 (-43.3%), from €5,288 to €2,996
- Gross operating margin +€23,976
up €23,976, from -€14,340 to €9,636
- Staff costs -€5,974
down €5,974 (-96.7%), from €6,181 to €207
- Financial income -€648
down €648 (-98.5%), from €658 to €10
- Financial charges -€303
down €303 (-39.8%), from €762 to €459
- Other operating charges +€275
up €275 (+218.3%), from €126 to €401
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 | €1,502 | €609 | -€893 | -59.5% |
| Fixed assets | 21/28 | €142 | €0 | -€142 | -100.0% |
| Tangible fixed assets | 22/27 | €142 | €0 | -€142 | -100.0% |
| Furniture and vehicles | 24 | €142 | €0 | -€142 | -100.0% |
| Current assets | 29/58 | €1,360 | €609 | -€751 | -55.2% |
| Amounts receivable within one year | 40/41 | €840 | €0 | -€840 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €840 | €0 | -€840 | -100.0% |
| Cash at bank and in hand | 54/58 | €509 | €598 | +€89 | +17.4% |
| Deferred charges and accrued income | 490/1 | €11 | €11 | +€1 | +5.3% |
| Total equity and liabilities | 10/49 | €1,502 | €609 | -€893 | -59.5% |
| Equity | 10/15 | -€55,655 | -€47,218 | +€8,437 | +15.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,170 | €4,170 | = | 0.0% |
| Distributable reserves | 133 | €4,170 | €4,170 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,825 | -€53,388 | +€8,437 | +13.6% |
| Amounts payable | 17/49 | €57,157 | €47,827 | -€9,330 | -16.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €57,157 | €47,827 | -€9,330 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €1,393 | €0 | -€1,393 | -100.0% |
| Trade debts | 44 | €5,288 | €2,996 | -€2,292 | -43.3% |
| Suppliers | 440/4 | €5,288 | €2,996 | -€2,292 | -43.3% |
| Advances received on contracts in progress | 46 | €6,286 | €0 | -€6,286 | -100.0% |
| Taxes, remuneration and social security | 45 | €18,990 | €22,167 | +€3,176 | +16.7% |
| Taxes | 450/3 | €18,634 | €22,167 | +€3,533 | +19.0% |
| Remuneration and social security | 454/9 | €357 | €0 | -€357 | -100.0% |
| Other amounts payable | 47/48 | €25,199 | €22,664 | -€2,535 | -10.1% |
| Remuneration, social security and pensions | 62 | €6,181 | €207 | -€5,974 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €307 | €142 | -€165 | -53.7% |
| Other operating charges | 640/8 | €126 | €401 | +€275 | +218.3% |
| Gross operating margin | 9900 | -€14,340 | €9,636 | +€23,976 | |
| Operating profit (loss) | 9901 | -€20,954 | €8,886 | +€29,840 | |
| Financial income | 75/76B | €658 | €10 | -€648 | -98.5% |
| Recurring financial income | 75 | €658 | €10 | -€648 | -98.5% |
| Financial charges | 65/66B | €762 | €459 | -€303 | -39.8% |
| Recurring financial charges | 65 | €762 | €459 | -€303 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,058 | €8,437 | +€29,495 | |
| Profit (loss) for the period | 9904 | -€21,058 | €8,437 | +€29,495 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,058 | €8,437 | +€29,495 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.